Related Party Seller Notes (Tables)

12 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

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

	September 30, 2024		September 30, 2023
Revolver loans	$	60,199	$	56,779
Equipment loans	13,346		15,486
Term loans	10,465		14,290
Other long-term debt	15,227		15,789
Total long-term debt	99,237		102,344
Less: unamortized debt issuance costs	(427)		(557)
Net amount	98,810		101,787
Less: current portion	(43,816)		(23,077)
Total long-term debt, net of current portion	$	54,994	$	78,710

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

	September 30, 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
Seller of Central Steel, 8.0% interest rate, matures May 2029	1,100		—
Total Seller notes payable - related parties	40,600		39,500
Unamortized debt premium (discount)	2,261		(502)
Net amount	42,861		38,998
Less current portion	(2,500)		—
Long-term portion of Seller notes - related parties	$	40,361	$	38,998

Schedule of Future Maturities of Long-term Debt

Future maturities of long-term debt at September 30, 2024 are as follows excluding related party debt (in $000’s):

Years ending September 30,
2025	$	43,816
2026	15,012
2027	28,122
2028	1,362
2029	1,229
Thereafter	9,269
Total	$	98,810

Future maturities of seller notes at September 30, 2024 are as follows (in $000’s):

Years ending September 30,
2025	$	2,500
2027	3,000
2028	36,261
2029	1,100
Total	$	42,861