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Property and Equipment
6 Months Ended
Mar. 31, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 3. PROPERTY AND EQUIPMENT

The following table summarizes the Company’s major classes of property and equipment:

 

 

 

March 31, 2019

 

 

September 30, 2018

 

Computers, office equipment and furniture

 

$

588,044

 

 

$

600,334

 

Research equipment

 

 

11,021,467

 

 

 

10,751,627

 

Software

 

 

145,802

 

 

 

152,676

 

Leasehold improvements

 

 

12,469,048

 

 

 

12,236,150

 

Total gross fixed assets

 

 

24,224,361

 

 

 

23,740,787

 

Less:   Accumulated depreciation and amortization

 

 

(10,846,040

)

 

 

(9,805,362

)

Property and equipment, net

 

$

13,378,321

 

 

$

13,935,425

 

 

Depreciation and amortization expense for Property and Equipment for the three months ended March 31, 2019 and 2018 and was $750,860 and $728,359, respectively.  Depreciation and amortization expense for Property and Equipment for the six months ended March 31, 2019 and 2018 and was $1,503,105 and $1,444,425, respectively.