Quarterly report pursuant to Section 13 or 15(d)

Equipment

v3.21.1
Equipment
 6 Months Ended
Mar. 31, 2021
Equipment  
Equipment

5.  Equipment

The Company’s equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

As of March 31, 

 

As of September 30, 

 

    

2021

    

2020

Laboratory equipment

 

$

1,825,393

 

$

1,319,123

Office equipment

 

 

137,201

 

 

6,477

    Total

 

 

1,962,594

 

 

1,325,600

Accumulated depreciation

 

 

(310,084)

 

 

(158,666)

    Property, plant and equipment, net

 

$

1,652,510

 

$

1,166,934

 

Depreciation expense for the three months ended March 31, 2021 and 2020 was approximately $0.08 million and $0.03, respectively. Depreciation expense for the six months ended March 31, 2021 and 2020 was approximately $0.15 million and $0.05, respectively.