PROPERTY AND EQUIPMENT

12 Months Ended

Sep. 30, 2021

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment consist of the following at September 30, 2021 and 2020:

	2021			2020
Office equipment and computers	$	135,254		$	133,089
Furniture and fixtures		16,280			16,280
Leasehold improvements		7,680			7,680
Total		159,214			157,049
Less: accumulated depreciation		(157,369	)		(150,702	)

Net property and equipment	$	1,845		$	6,347

Depreciation is computed on a straight-line basis over the estimated useful lives of the assets, which were as follows:

	Life
Office equipment and computers	3 years
Furniture and fixtures	5 years
Leasehold improvements	Shorter of 5 years or related lease term

Depreciation expense was $6,667 and $6,667 for the years ended September 30, 2021 and 2020, respectively.