Long-Term Debt (Tables)

9 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt as of June 30, 2025 and September 30, 2024 consisted of the following (in $000's):

	June 30, 2025		September 30, 2024
Revolver loans	$	50,909	$	60,199
Equipment loans	10,554		13,346
Term loans	9,319		10,465
Other notes payable	13,246		15,227
Total notes payable	84,028		99,237
Less: unamortized debt issuance costs	(442)		(427)
Net amount	83,586		98,810
Less: current portion	(31,838)		(43,816)
Total long-term debt	$	51,748	$	54,994

Seller notes as of June 30, 2025 and September 30, 2024 consisted of the following (in $000’s):

	June 30, 2025		September 30, 2024
Related Party Seller Notes
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
Seller of Central Steel, 8.0% interest rate, matures May 2029	1,100		1,100
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028	—		$	34,000
Seller of Flooring Liquidators, 8.24% interest rate, matures February 2028	15,000		—
Total Related Party Seller Notes	19,100		40,600
Unamortized debt premium (discount)	(886)		2,261
Net amount	18,214		42,861
Less current portion	—		(2,500)
Long-term portion of seller notes payable	$	18,214	$	40,361

Schedule of Future Maturities of Long-Term Debt

Future maturities of long-term debt at June 30, 2025, are as follows which does not include related party debt separately stated (in $000's):

Twelve months ending June 30,
2026	$	31,838
2027	36,187
2028	3,591
2029	1,621
2030	1,601
Thereafter	8,748
Total future maturities of long-term debt	$	83,586

Future maturities of seller notes at June 30, 2025 are as follows (in $000’s):

Twelve months ending June 30,
2027	$	3,000
2028	14,114
2029	1,100
Total	$	18,214