v3.26.1
PROPERTY AND EQUIPMENT
 6 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 11 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   March 31, 2026   September 30, 2025 
       
Land  $1,854,511   $945,279 
Building and leasehold improvements   8,744,992    4,482,978 
Furniture and office equipment   650,194    625,995 
Computers and software   2,654,119    2,685,331 
Machinery and equipment   16,443,751    13,927,502 
Property and equipment, gross   30,347,567    22,667,085 
Less: Accumulated depreciation   (13,806,618)   (13,015,089)
Property and equipment, net  $16,540,949   $9,651,996 

 

Depreciation expense for the three months ended March 31, 2026, and 2025, was $458,939 and $319,507, respectively, depreciation expense for the six months ended March 31, 2026, and 2025, was $877,126 and $666,252, respectively, and is recorded in cost of revenues and general and administrative expenses on the Company’s unaudited condensed consolidated statements of operations.