XML 26 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Property and Equipment
12 Months Ended
Sep. 30, 2018
Property and Equipment  
Property and Equipment

7.  Property and Equipment

 

Property and equipment, net consists of the following balances:

 

 

 

 

 

 

 

 

 

    

September 30,

    

September 30,

 

 

2018

 

2017

 

 

 

 

 

 

 

Computer equipment

 

$

2,268,969

 

$

2,247,866

Corporate airplanes

 

 

5,601,039

 

 

3,194,571

Furniture and office equipment

 

 

1,033,779

 

 

1,051,637

Manufacturing facility

 

 

5,733,313

 

 

5,733,313

Equipment

 

 

5,580,083

 

 

5,507,774

Land

 

 

1,021,245

 

 

1,021,245

 

 

 

21,238,428

 

 

18,756,406

Less accumulated depreciation and amortization

 

 

(12,451,691)

 

 

(12,087,395)

 

 

$

8,786,737

 

$

6,669,011

 

Depreciation related to property and equipment was approximately $0.4 million, $0.4 million and $0.5 million in fiscal years 2018, 2017 and 2016, respectively. The corporate airplanes are utilized primarily in support of product development. The Pilatus PC-12 airplane, one of the Company’s two corporate airplanes, has been depreciated to its estimated salvage value.