Property and Equipment

3 Months Ended

Dec. 31, 2021

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, 2021			September 30, 2021
	(In thousands)
Computers, software, office equipment and furniture	$	2,182		$	2,170
Research equipment		28,010			27,500
Leasehold improvements		41,977			41,524
Construction in Progress		2,152			345
Land		2,996			-
Total gross fixed assets		77,317			71,539
Less: Accumulated depreciation and amortization		(25,014	)		(22,864	)
Property and equipment, net	$	52,303		$	48,675

Depreciation and amortization expense for property and equipment for the three months ended December 31, 2021 and 2020 was $2.1 million and $1.4 million, respectively. Construction in Progress and Land both relate to the Company’s Verona, Wisconsin research facility.