Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of fair value measurements

The changes in carrying amounts of the debt acquired through acquisition for the six months ended March 31, 2018 were as follows: 

 

Beginning balance as of acquisition date (November 13, 2017)   $ 555,000  
Accretion of debt discount     14,000  
Ending balance (March 31, 2018)   $ 569,000  
Schedule of expected amortization of the intangible assets

The expected amortization of the intangible assets, as of March 31, 2018, for each of the next five years is as follows:

 

  For the fiscal
years ending
September 30,
 
2018 (for the remaining six months) $ 32,400  
2019   51,600  
2020   29,400  
2021   29,400  
2022   3,500  
Total $ 146,300