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Property and Equipment
12 Months Ended
Sep. 30, 2020
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:

 

 

 

September 30,

2020

 

 

September 30,

2019

 

Computers, office equipment and furniture

 

$

661,927

 

 

$

637,577

 

Research equipment

 

 

20,654,323

 

 

 

12,932,304

 

Software

 

 

631,204

 

 

 

147,254

 

Leasehold improvements

 

 

25,237,851

 

 

 

21,579,415

 

Total gross fixed assets

 

 

47,185,305

 

 

 

35,296,550

 

Less: Accumulated depreciation and amortization

 

 

(16,304,437

)

 

 

(12,081,651

)

Property and equipment, net

 

$

30,880,868

 

 

$

23,214,899

 

 

Depreciation and amortization expense for property and equipment for the years ended September 30, 2020, 2019, and 2018 was $4,241,834 and $2,738,715, and $2,998,846 respectively.