Related Party Seller Notes (Tables)

3 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt as of December 31, 2023 and September 30, 2023 consisted of the following (in $000's):

	December 31, 2023		September 30, 2023
Revolver loans	$	56,022	$	56,779
Equipment loans	14,419		15,486
Term loans	13,669		14,290
Other notes payable	16,011		15,789
Total notes payable	100,121		102,344
Less: unamortized debt issuance costs	(541)		(557)
Net amount	99,580		101,787
Less: current portion	(21,223)		(23,077)
Total long-term debt	$	78,357	$	78,710

Seller notes as of December 31, 2023 and September 30, 2023 consisted of the following (in $000’s):

	December 31, 2023		September 30, 2023
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028	$	34,000	$	34,000
Seller of PMW, 8.0% interest rate, matures July 2028	2,500		2,500
Seller of Kinetic, 7.0% interest rate, matures September 2027	3,000		3,000
Total Related party seller notes payable	39,500		39,500
Unamortized debt premium (discount)	172		(502)
Net amount	39,672		38,998
Less current portion	—		—
Long-term portion of Related party seller notes payable	$	39,672	$	38,998

Schedule of Future Maturities of Long-term Debt

Future maturities of long-term debt at December 31, 2023, are as follows which does not include related party debt separately stated (in $000's):

Twelve months ending December 31,
2024	$	21,223
2025	7,504
2026	28,217
2027	31,134
2028	1,306
Thereafter	10,196
Total future maturities of long-term debt	$	99,580

Future maturities of seller notes at December 31, 2023 are as follows (in $000’s):

Twelve months ending December 31,
2026	500
2027	3,500
2028	35,672
Total	$	39,672