The following table summarizes the Company’s major classes of property and equipment:

 

 

 

 

 

September 30,

2016

 

 

September 30, 2015

 

Computers, office equipment and furniture

$

442,915

 

 

$

404,964

 

Research equipment

 

7,490,400

 

 

 

6,354,584

 

Software

 

80,841

 

 

 

110,428

 

Leasehold improvements

 

11,885,365

 

 

 

3,117,537

 

Total gross fixed assets

 

19,899,521

 

 

 

9,987,513

 

Less:   Accumulated depreciation and amortization

 

(4,512,760

)

 

 

(5,460,665

)

Property and equipment, net

$

15,386,761

 

 

$

4,526,848