v3.26.1
GOODWILL AND INTANGIBLE ASSETS
 9 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS

NOTE 12 – GOODWILL AND INTANGIBLE ASSETS

 

Changes in the carrying amount of goodwill, by segment, were as follows:

 

   Security   Industrial Services   Aerospace and Defense   Consolidated 
Balance at September 30, 2025  $-   $3,708,347   $-   $3,708,347 
Impairment /adjustments   -    -    -    - 
Acquisitions   -    -    3,977,794    3,977,794 
Balance at June 30, 2026  $-   $3,708,347   $3,977,794   $7,686,141 

 

As of June 30, 2026, and September 30, 2025, accumulated impairment losses of $3,846,475 have been recorded related to the Security segment.

 

On January 8, 2026, the Company acquired Invocon, as part of the fair market evaluation for the purchase price accounting, the company recognized intangible assets in the form of the company trade name and internal developed technologies. The company trade name will be amortized over a ten-year period and the internal developed technologies will be amortized over a five-year period.

 

 

Changes in the carrying amount of intangible assets, by segment, were as follows:

 

   Security   Industrial Services   Aerospace and Defense   Consolidated 
Balance at September 30, 2025  $-   $-   $-   $- 
Acquisitions   -    -    3,130,000    3,130,000 
Amortization   -    -    (296,500)   (296,500)
Balance at June 30, 2026  $-   $-   $2,833,500   $2,833,500