Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.7.0.1
PROPERTY AND EQUIPMENT
9 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
3.
PROPERTY AND EQUIPMENT
 
At June 30, 2017 and September 30, 2016, property and equipment consisted of:
 
 
 
Estimated
Useful Life
 
June 30,
2017
 
September 30,
2016
 
 
 
 
 
 
 
 
 
 
 
Computer equipment
 
3 years
 
$
4,293
 
$
-
 
 
 
 
 
 
 
 
 
 
 
Furniture and fixtures
 
5 years
 
 
2,925
 
 
2,925
 
 
 
 
 
 
 
 
 
 
 
Lab equipment
 
5 years
 
 
1,000
 
 
1,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
8,218
 
 
3,925
 
 
 
 
 
 
 
 
 
 
 
Less - accumulated depreciation
 
 
 
 
4,760
 
 
3,925
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net
 
 
 
$
3,458
 
$
-
 
 
Depreciation expense recorded for the three months ended June 30, 2017 and 2016 was $357 and $0, respectively.
For the nine months ended June 30, 2017 and 2016 depreciation expense recorded was $835 and $0, respectively.