Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Property and Equipment

Note 3 - Property and Equipment

9 Months Ended

Jun. 30, 2022

Property, Plant and Equipment Disclosure [Text Block]

3. PROPERTY AND EQUIPMENT

At June 30, 2022 and September 30, 2021, property and equipment consisted of:

	Estimated Useful		June 30,		September 30,
	Life (years)		2022		2021
Computer equipment		3	$	9,357	$	9,357
Furniture and fixtures		5		8,983		8,983
Leasehold improvements	Life of Lease			14,416		14,416
Lab equipment		5		1,000		1,000
				33,756		33,756
Less – accumulated depreciation				30,913		28,516
Property and equipment, net			$	2,843	$	5,240

For the three months ended June 30, 2022 and 2021, depreciation expense recorded was $799, respectively. For the nine months ended June 30, 2022 and 2021, depreciation expense was $2,397 and $1,788, respectively.