Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Information (Tables)

v3.20.1
Balance Sheet Information (Tables)
6 Months Ended
Mar. 31, 2020
Balance Sheet Information [Abstract]  
Components of Inventory



 

 

 

 

 



March 31,

 

September 30,



2020

 

2019

FC2:

 

 

 

 

 

Raw material

$

665,134 

 

$

426,590 

Work in process

 

49,684 

 

 

187,970 

Finished goods

 

5,386,041 

 

 

3,157,952 

FC2, gross

 

6,100,859 

 

 

3,772,512 

Less: inventory reserves

 

(84,536)

 

 

(125,106)

Inventory, net

$

6,016,323 

 

$

3,647,406 



Summary of Property and Equipment



 

 

 

 

 

 

 



Estimated

 

March 31,

 

September 30,



Useful Life

 

2020

 

2019

Plant and equipment:

 

 

 

 

 

 

 

Manufacturing equipment

5 - 8 years

 

$

2,748,604 

 

$

2,716,647 

Office equipment, furniture and fixtures

3 - 10 years

 

 

817,951 

 

 

795,228 

Leasehold improvements

3 - 8 years

 

 

298,886 

 

 

298,886 

Total plant and equipment

 

 

 

3,865,441 

 

 

3,810,761 

Less: accumulated depreciation and amortization

 

 

 

(3,533,079)

 

 

(3,458,866)

Plant and equipment, net

 

 

$

332,362 

 

$

351,895