Property and Equipment

12 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

NOTE 4 - PROPERTY AND EQUIPMENT

Property and equipment consist of the following as of September 30, 2022 and 2021:


	September 30,
	2022			2021
Land and improvements	$	3,329,000		$	3,329,000
Buildings and improvements		13,578,000			13,830,000
Equipment		26,521,000			21,765,000

		43,428,000			38,924,000
Less: Accumulated depreciation and amortization		(29,937,000	)		(27,123,000	)

Property and equipment, net	$	13,491,000		$	11,801,000

Property and equipment includes approximately $20,467,000 and $19,374,000

of fully depreciated assets, which remained in service during fiscal 2022 and 2021, respectively. Included in equipment as of September 30, 2022 and 2021 is approximately $1,702,000 and $458,000, respectively, of assets not yet placed in operation and, therefore, not subject to depreciation during the years ended September 30, 2022 and 2021, respectively.