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Property and Equipment
9 Months Ended
Jun. 30, 2020
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:

 

 

 

June 30,

2020

 

 

September 30,

2019

 

Computers, office equipment and furniture

 

$

661,927

 

 

$

637,577

 

Research equipment

 

 

19,514,871

 

 

 

12,932,304

 

Software

 

 

293,189

 

 

 

147,254

 

Leasehold improvements

 

 

24,883,656

 

 

 

21,579,415

 

Total gross fixed assets

 

 

45,353,643

 

 

 

35,296,550

 

Less: Accumulated depreciation and amortization

 

 

(14,963,936

)

 

 

(12,081,651

)

Property and equipment, net

 

$

30,389,707

 

 

$

23,214,899

 

 

Depreciation and amortization expense for property and equipment for the three months ended June 30, 2020 and 2019 was $1,111,293 and $578,342, respectively.  Depreciation and amortization expense for property and equipment for the nine months ended June 30, 2020 and 2019 was $2,892,551 and $2,081,447, respectively.