v3.26.1
PROPERTY AND EQUIPMENT
 9 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 11 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   June 30,   September 30, 
   2026   2025 
Land  $1,854,511   $945,279 
Building and leasehold improvements   8,825,374    4,482,978 
Furniture and office equipment   650,776    625,995 
Computers and software   2,654,119    2,685,331 
Machinery and equipment   16,909,309    13,927,502 
Property and equipment, gross   30,894,089    22,667,085 
Less: accumulated depreciation   (14,281,578)   (13,015,089)
Property and equipment, net  $16,612,511   $9,651,996 

 

Depreciation expense for the three-months ended June 30, 2026, and 2025, was $518,980 and $312,905, respectively, depreciation expense for the nine months ended June 30, 2026, and 2025, was $1,396,106 and $960,930, respectively, and is recorded in cost of revenues and general and administrative expenses on the Company’s unaudited condensed consolidated statements of operations.