v3.22.4
Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Sep. 30, 2021
Current assets    
Cash and equivalents $ 10,610,181 $ 15,426,976
Restricted cash 1,577,915 1,759,347
Short-term investments 13,721 14,981
Trade receivables, net 5,960,686 7,810,896
Trade receivables - related party 1,487,155
Inventory –net of allowance for inventory obsolescence 9,531,682 5,657,287
Prepaid expenses and other assets 2,575,105 2,585,652
Total current assets 30,269,290 34,742,294
Property and equipment, net 6,106,292 6,738,944
Right-of-use assets 2,641,198 2,940,127
Note receivable - related party 761,585
Goodwill 4,505,283 7,821,283
Other 1,473,980 697,240
Total Assets 45,757,628 52,939,888
Current liabilities    
Accounts payable 3,256,559 4,235,002
Accounts payable - related party 19,133
Short-term liabilities 16,894,743 9,977,972
Lease liabilities - short-term 818,730 830,791
Deposits from customers 198,178 536,220
Accrued expenses 2,281,324 1,621,053
Deferred revenue 1,951,282 2,004,170
Accrued income taxes 94,848 448,194
Total current liabilities 25,514,797 19,653,402
Long-term liabilities    
Loans payable to bank 110,331 767,279
Long-term lease liabilities 1,822,468 2,017,408
Notes payable 2,350,000
Mortgage payable 2,160,169 2,257,785
Other long-term liabilities 807,898 839,171
Paycheck Protection Program Loans 97,120 1,032,200
Deferred Revenue - long-term 607,309 467,967
Total long-term liabilities 5,605,295 9,731,810
Total liabilities 31,120,092 29,385,212
Commitments and contingencies
Shareholders’ equity    
Common stock, $0.001 par value, 50,000,000 shares authorized, 26,413,296 shares issued and outstanding at September 30, 2022 and 20,782,194 shares issued and outstanding at September 30, 2021 26,413 20,782
Additional paid-in capital 66,616,038 61,727,834
Retained earnings (accumulated deficit) (54,929,020) (41,908,062)
Treasury stock, 64,100 shares of Series 1 Preferred Stock at September 30, 2022 and 2021 (148,291) (148,291)
Accumulated other comprehensive income (loss) 2,377,525 2,896,452
Total Cemtrex stockholders’ equity 13,944,794 22,590,650
Non-controlling interest 692,742 964,026
Total liabilities and shareholders’ equity 45,757,628 52,939,888
Series 1 Preferred Stock [Member]    
Shareholders’ equity    
Preferred stock, value 2,079 1,885
Series C Preferred Stock [Member]    
Shareholders’ equity    
Preferred stock, value $ 50 $ 50

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