v3.26.1
Supplemental Balance Sheet Information
 9 Months Ended
Jun. 30, 2026
Supplemental Balance Sheet Information [Abstract]  
Supplemental Balance Sheet Information

NOTE 5 – Supplemental Balance Sheet Information

 

Inventory

 

Inventory consisted of the following as of:

 

    June 30,
2026		     September 30,
2025		  
Component inventory   $ 1,107,149     $ 871,492  
Work-in-process     398,293       130,100  
Finished goods     784,812       1,225,213  
Total   $ 2,290,254     $ 2,226,805  

 

Excess and obsolete valuation reserve adjustments reflected as a reduction of component inventory of $11,000 and work-in-process inventory of $10,000 as of June 30, 2026 and September 30, 2025, respectively.

 

Intangibles

 

Intangible assets rollforward is as follows:

 

    Useful Life      
Net Intangibles, September 30, 2025   12-13 years   $ 44,946  
Less: amortization         (16,736 )
Net Intangibles, June 30, 2026       $ 28,210  

 

Amortization expense was $5,579 and $16,736 for the three and nine months ended June 30, 2026, respectively, and $5,579 and $16,737 for the three and nine months ended June 30, 2025, respectively.

 

Property and Equipment

 

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

 

    As of
June 30,
2026		     As of
September 30,
2025		  
Equipment and furniture   $ 1,156,974     $ 1,058,045  
Total property and equipment     1,156,974       1,058,045  
Less accumulated depreciation     (954,641 )     (798,823 )
Property and equipment, net   $ 202,333     $ 259,222  

 

Depreciation expense was $41,423 and $155,818 for the three months and nine months ended June 30, 2026, respectively, and $61,015 and $180,618 for the three months and nine months ended June 30, 2025, respectively.