Long Term Debt (Tables)

6 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt as of March 31, 2024 and September 30, 2023 consisted of the following (in $000's):

	March 31, 2024		September 30, 2023
Revolver loans	$	64,510	$	56,779
Equipment loans	13,543		15,486
Term loans	13,192		14,290
Other notes payable	15,997		15,789
Total notes payable	107,242		102,344
Less: unamortized debt issuance costs	(524)		(557)
Net amount	106,718		101,787
Less: current portion	(31,396)		(23,077)
Total long-term debt	$	75,322	$	78,710

Seller notes as of March 31, 2024 and September 30, 2023 consisted of the following (in $000’s):

	March 31, 2024		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)	854		(502)
Net amount	40,354		38,998
Less current portion	—		—
Long-term portion of Related party seller notes payable	$	40,354	$	38,998

Schedule of Future Maturities of Long-term Debt

Future maturities of long-term debt at March 31, 2024, are as follows which does not include related party debt separately stated (in $000's):

Twelve months ending March 31,
2024	$	31,396
2025	5,992
2026	53,669
2027	4,441
2028	11,220
Total future maturities of long-term debt	$	106,718

Future maturities of seller notes at March 31, 2024 are as follows (in $000’s):

Twelve months ending March 31,
2026	500
2027	3,500
2028	36,354
Total	$	40,354