Note 6 - Inventories

9 Months Ended

Jun. 30, 2025

Notes to Financial Statements

Inventory Disclosure [Text Block]

6. Inventories

Inventories consist of the following (in thousands):  

	June 30, 2025			September 30, 2024
Finished goods	$	24,434		$	18,099
Work in process		7,991			3,626
Raw materials		24,425			30,941
Obsolescence reserve (net realizable value adjustment)		(8,758	)		(8,413	)
Total		48,092			44,253
Less current portion		29,232			26,222
Non-current portion	$	18,860		$	18,031

Inventory obsolescence expense for the three and nine months ended June 30, 2025, was $0.2 million and $1.1 million, respectively.  Inventory obsolescence expense for each of the three and nine months ended June 30, 2024, was $0.1 million.  Raw materials include semi-finished goods and component parts that totaled approximately $9.4 million and $8.6 million at June 30, 2025 and September 30, 2024, respectively.