Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.19.1
PROPERTY AND EQUIPMENT
6 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
3.
PROPERTY AND EQUIPMENT
 
At March 31, 2019 and September 30, 2018, property and equipment consisted of:
 
 
 
Estimated

Useful

Life
 
March 31,

2019
 
 
September 30,

2018
 
 
 
 
 
 
 
 
 
 
Furniture and fixtures
 
5 years
 
$
9,357
 
 
$
9,357
 
 
 
 
 
 
 
 
 
 
 
 
Leasehold improvements
 
 3 years
 
 
8,983
 
 
 
8,983
 
 
 
 
 
 
 
 
 
 
 
 
Computer equipment
 
3 years
 
 
8,686
 
 
 
8,686
 
 
 
 
 
 
 
 
 
 
 
 
Lab equipment
 
5 years
 
 
1,000
 
 
 
1,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
28,026
 
 
 
28,026
 
 
 
 
 
 
 
 
 
 
 
 
Less – accumulated depreciation
 
 
 
 
14,326
 
 
 
10,765
 
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net
 
 
 
$
13,700
 
 
$
17,261
 
 
For the three months ended March 31, 2019 and 2018 depreciation expense recorded was $1,780 and $1,130, respectively For the six months ended March 31, 2019 and 2018 depreciation expense recorded was $3,561 and $1,854, respectively.