PLANT, PROPERTY AND EQUIPMENT

12 Months Ended

Sep. 30, 2021

PLANT, PROPERTY AND EQUIPMENT

5. PLANT, PROPERTY AND EQUIPMENT

5.	PROPERTY AND EQUIPMENT
	Property and equipment consisted of the following at September 30:

	2021			2020
Research equipment	$	4,211,124		$	3,898,242
Furniture and equipment		99,768			99,768
Leasehold improvements		13,465,123			5,519,161
		17,776,015			9,517,171
Accumulated depreciation and amortization		(4,112,453	)		(3,673,178	)
Net property and equipment	$	13,663,562		$	5,843,993

Depreciation expense for the years ended September 30, 2021 and 2020 totaled approximately $447,000 and $389,000 respectively.