v3.26.1
Supplemental Balance Sheet Information (As Restated)
6 Months Ended
Mar. 31, 2026
Supplemental Balance Sheet Information (As Restated) [Abstract]  
Supplemental Balance Sheet Information (As Restated)

NOTE 6 - Supplemental Balance Sheet Information (As Restated)

 

Inventory (As Restated)

 

Inventory consisted of the following as of:

 

   March 31, 2026
(As Restated)
   September 30, 2025 
Component inventory  $1,085,758   $871,492 
Work-in-process   292,314    130,100 
Finished goods   721,343    1,225,213 
Total  $2,099,415   $2,226,805 

 

Excess and obsolete valuation reserve adjustments reflected as a reduction of component inventory as of both March 31, 2026 and September 30, 2025 was $10,000.

 

Intangibles

 

Intangible assets rollforward is as follows:

 

   Useful Life    
Net Intangibles, September 30, 2025  12-13 years  $44,946 
Less: amortization      (11,157)
Net Intangibles, March 31, 2026     $33,789 

 

Amortization expense was $5,579 and $11,157 for the three and six months ended March 31, 2026, respectively, and $5,579 and $11,158 for the three and six months ended March 31, 2025, respectively.

Property and Equipment

 

Property and equipment held for use by category are presented in the following table:

 

   As of
March 31,
2026
   As of
September 30,
2025
 
Equipment and furniture  $1,143,814   $1,058,045 
Total property and equipment   1,143,814    1,058,045 
Less accumulated depreciation   (913,218)   (798,823)
Property and equipment, net  $230,596   $259,222 

 

Depreciation expense was $54,450 and $114,395 for the three months and six months ended March 31, 2026, respectively, and $60,055 and $119,603 for the three months and six months ended March 31, 2025, respectively.