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Long-Term Debt (Tables)
 12 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt as of September 30, 2023 and 2022 consisted of the following (in $000’s):
September 30,
2023		September 30,
2022
Revolver loans$56,779 $43,107 
Equipment loans15,486 13,716 
Term loans14,290 7,941 
Other long-term debt
15,789 14,501 
Total long-term debt
102,344 79,265 
Less: unamortized debt issuance costs(557)(626)
Net amount101,787 78,639 
Less: current portion(23,077)(18,935)
Total long-term debt, net of current portion
$78,710 $59,704 
Seller notes as of September 30, 2023 and 2022 consisted of the following (in $000’s):
September 30,
2023		September 30,
2022
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028
$34,000 $— 
Seller of PMW, 8.0% interest rate, matures July 2028
2,500 — 
Seller of Kinetic, 7.0% interest rate, matures September 2027
3,000 3,000 
Total Seller notes payable - related parties39,500 3,000 
Less: unamortized debt issuance costs(502)— 
Net amount38,998 3,000 
Less current portion— — 
Long-term portion of Seller notes - related parties$38,998 $3,000 
Schedule of Future Maturities of Long-term Debt
Future maturities of long-term debt at September 30, 2023 are as follows excluding related party debt (in $000’s):
Years ending September 30,
2024$23,077 
20256,010 
202628,265 
202732,730 
20281,287 
Thereafter10,418 
Total$101,787 
Future maturities of seller notes at September 30, 2023 are as follows (in $000’s):
Years ending September 30,
2026500 
20273,500 
202834,998 
Total$38,998 
Schedule of Fixed Coverage Ratio
Level
Fixed Charge Coverage Ratio
Term SOFR Revolver Loan Base Rate
Revolver Loan
I
<1.20 to 1.00
2.25%
1.25%
II
>1.20 to 1.00 but <1.50 to 1.00
2.00%
1.00%
III
>1.50 to 1.00 but <1.75 to 1.00
1.75%
0.75%
IV
>1.75 to 1.00 but <2.00 to 1.00
1.50%
0.50%
V
>2.00 to 1.00
1.25%
0.25%
Schedule of Bank Revolver
The following tables summarize the BofA Revolver for the years ended and as of September 30, 2023 and 2022, respectively (in $000’s):
During the year ended September 30,
20232022
Cumulative borrowing during the period$118,865 $148,015 
Cumulative repayment during the period122,907 136,928 
Maximum borrowed during the period12,648 11,210 
Weighted average interest for the period6.87 %3.68 %
As of September 30,
20232022
Total availability$14,904 $13,804 
Total outstanding6,101 10,143 
The following tables summarize the Encina Revolver Loans as of and for the years ended September 30, 2023 and 2022 (in $000’s):
During the year ended September 30,
20232022
Cumulative borrowing during the period$— $18,812 
Cumulative repayment during the period— 31,547 
Maximum borrowed during the period— 2,000 
Weighted average interest for the period— %6.50 %
The following tables summarize the Precision Marshall Fifth Third Bank Revolver Loan as of and for the years ended September 30, 2023 and 2022 (in $000’s):
During the year ended September 30,
20232022
Cumulative borrowing during the period$72,336 $61,745 
Cumulative repayment during the period69,707 38,172 
Maximum borrowed during the period1,700 12,937 
Weighted average interest for the period7.85 %4.64 %
As of September 30,
20232022
Total availability$5,959 $4,900 
Total outstanding26,202 23,573 
The following tables summarize the TCB Revolver as of and for the years ended September 30, 2023 and 2022 (in $000's):
During the year ended September 30,
20232022
Cumulative borrowing during the period$73,074 $86,390 
Cumulative repayment during the period77,195 85,794 
Maximum borrowed during the period11,146 2,425 
Weighted average interest for the period7.50 %3.26 %
As of September 30,
20232022
Total availability$6,526 $1,707 
Total outstanding5,270 9,391 
The following tables summarize the Eclipse Revolver as of and for the years ended September 30, 2023 and 2022 (in $000's):
During the year ended September 30,
20232022
Cumulative borrowing during the period$41,545 $— 
Cumulative repayment during the period46,710 — 
Maximum borrowed during the period13,396 — 
Weighted average interest for the period9.80 %— %
As of September 30,
20232022
Total availability$1,558 $— 
Total outstanding8,230 — 
The following tables summarize the PMW Fifth-Third Bank Revolver as of and for the years ended September 30, 2023 and 2022 (in $000's):
During the year ended September 30,
20232022
Cumulative borrowing during the period$16,294 $— 
Cumulative repayment during the period14,258 — 
Maximum borrowed during the period13,327 — 
Weighted average interest for the period8.46 %— %
As of September 30,
20232022
Total availability$3,818 $— 
Total outstanding10,975 —