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Intangible Assets and Goodwill (Tables)
9 Months Ended
Jun. 30, 2020
Intangible Assets and Goodwill [Abstract]  
Gross Carrying Amounts and Net Book Value of Intangible Assets



 

 

 

 

 

 

 

 



Gross Carrying

 

Accumulated

 

Net Book



Amount

 

Amortization

 

Value

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

Developed technology - PREBOOST®

$

2,400,000 

 

$

706,876 

 

$

1,693,124 

Covenants not-to-compete

 

500,000 

 

 

261,905 

 

 

238,095 

Total intangible assets with finite lives

 

2,900,000 

 

 

968,781 

 

 

1,931,219 

Acquired in-process research and development assets

 

18,000,000 

 

 

 —

 

 

18,000,000 

Total intangible assets

$

20,900,000 

 

$

968,781 

 

$

19,931,219 



The gross carrying amounts and net book value of intangible assets are as follows at September 30, 2019:





 

 

 

 

 

 

 

 



Gross Carrying

 

Accumulated

 

Net Book



Amount

 

Amortization

 

Value

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

Developed technology - PREBOOST®

$

2,400,000 

 

$

523,172 

 

$

1,876,828 

Covenants not-to-compete

 

500,000 

 

 

208,333 

 

 

291,667 

Total intangible assets with finite lives

 

2,900,000 

 

 

731,505 

 

 

2,168,495 

Acquired in-process research and development assets

 

18,000,000 

 

 

 —

 

 

18,000,000 

Total intangible assets

$

20,900,000 

 

$

731,505 

 

$

20,168,495