Note 7 – Property and Equipment



Property and equipment consisted of the following at September 30, 2019 and 2018:





Depreciation and amortization expense for the years ended September 30, 2019 and 2018 was $162,000 and $177,000, respectively.



In September 2019, the Company entered into a lease agreement for office space, which included a capital lease for office equipment, furniture, and fixtures. At September 30, 2019, the value of the assets under capital lease was $44,000, included in office equipment, furniture and fixtures above. The Company did not have any assets under capital lease at September 30, 2018.