Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment, net

v3.10.0.1
Property, Plant and Equipment, net
12 Months Ended
Sep. 30, 2018
Property, Plant and Equipment, net [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
 
6.
Property, Plant and Equipment, net
 
Property, plant and equipment, net consisted of the following:
 
 
 
September 30,
 
 
September 30,
 
 
 
2018
 
 
2017
 
 
 
 
 
 
 
 
Aquaculture system
 
$
126,257
 
 
$
126,257
 
Laboratory facilities
 
 
62,033
 
 
 
62,033
 
Computer and office equipment
 
 
125,859
 
 
 
117,840
 
Manufacturing and laboratory equipment
 
 
1,042,993
 
 
 
982,439
 
Vehicles
 
 
77,994
 
 
 
77,994
 
Leasehold improvements
 
 
347,360
 
 
 
337,060
 
 
 
 
1,782,496
 
 
 
1,703,623
 
Less: accumulated depreciation
 
 
(1,146,566
)
 
 
(969,418
)
 
 
 
 
 
 
 
 
 
Depreciable assets, net
 
 
635,930
 
 
 
734,205
 
Construction in progress
 
 
426,265
 
 
 
145,318
 
 
 
 
 
 
 
 
 
 
 
 
$
1,062,195
 
 
$
879,523
 
 
Depreciation expense amounted to approximately $188,000 and $179,000 for the years ended September 30, 2018 and 2017, respectively.