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Income Taxes (Tables)
 12 Months Ended
Sep. 30, 2024
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Income Tax Expense
Income tax expense for the years ended September 30, 2024 and 2023 is as follows (in $000’s):
Year Ended
September 30,
2024		Year Ended
September 30,
2023
Current expense:
Federal$1,696 $3,821 
State528 603 
2,224 4,424 
Deferred (benefit) expense:
Federal(5,311)(2,228)
State(1,571)(625)
(6,882)(2,853)
Total income tax (benefit) expense
$(4,658)$1,571 
Schedule of Reconciliation between Effective and Statutory Income Tax Rates
A reconciliation of the differences between the effective and statutory income tax rates for years ended September 30, 2024 and 2023:
Year Ended
September 30,
2024		Year Ended
September 30,
2023
Federal statutory rates(21.0 %)21.0 %
State income taxes, net of federal benefit(6.2 %)5.9 %
Goodwill impairment
8.8 %— %
Permanent differences0.1 %(2.9)%
Transaction costs
— %27.9 %
Investments
4.6 %(71.9 %)
Stock compensation— %4.9 %
Change in tax rates
3.6 %41.4 %
Tax credits
(0.2 %)(3.1)%
Change in valuation allowance(4.4)%73.4 %
Other(0.4)%0.4 %
Effective rate(15.2 %)97.0 %
Schedule of Deferred Income Tax Assets and Liabilities
At September 30, 2024 and 2023, deferred income tax assets and liabilities were comprised of (in $000’s):
September 30,
2024		September 30,
2023
Deferred income tax assets (liabilities):
Allowance for bad debts$192 $167 
Accrued expenses/reserves
24 (25)
Inventory2,594 1,841 
Accrued compensation197 180 
Research and development
564 121 
Net operating loss2,320 2,321 
Tax credits508 499 
Stock compensation247 235 
Intangibles(4,972)(7,273)
Property & equipment(12,544)(12,681)
Right of use assets(15,201)(13,933)
Lease liabilities17,192 15,256 
Interest carryforwards
4,827 1,452 
Investments
— 253 
Capital loss carryforwards
— 1,156 
Subtotal income tax assets (liabilities)
(4,052)(10,431)
Less: Valuation allowance(2,215)(3,604)
Total deferred income tax liability
$(6,267)$(14,035)