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Property and Equipment
3 Months Ended
Dec. 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:

 

 

 

December 31, 2019

 

 

September 30, 2019

 

Computers, office equipment and furniture

 

$

627,311

 

 

$

637,577

 

Research equipment

 

 

15,245,138

 

 

 

12,932,304

 

Software

 

 

147,254

 

 

 

147,254

 

Leasehold improvements

 

 

23,321,242

 

 

 

21,579,415

 

Total gross fixed assets

 

 

39,340,945

 

 

 

35,296,550

 

Less:   Accumulated depreciation and amortization

 

 

(12,906,162

)

 

 

(12,081,651

)

Property and equipment, net

 

$

26,434,783

 

 

$

23,214,899

 

 

Depreciation and amortization expense for Property and Equipment for the three months ended December 31, 2019 and 2018 and was $834,777 and $752,245, respectively.