INTANGIBLE ASSETS (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | |
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Mar. 31, 2016 |
Mar. 31, 2016 |
Mar. 31, 2015 |
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Amortization of intangible assets | $ 562,322 | $ 576,018 | |
Patents [Member] | |||
Amortization of intangible assets | $ 279,625 | $ 562,322 |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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