INCOME PER COMMON SHARE (Tables)

12 Months Ended

Sep. 30, 2025

INCOME PER COMMON SHARE [Abstract]

Reconciliation of Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the basic and diluted income per share (“EPS”) computations for the fiscal years ended September 30, 2025 and 2024 (in thousands, except share and per share data):

		Year Ended September 30,
		2025			2024
Income:
Net income	$	5,657		$	551
Preferred stock dividends		(384	)		(328	)
Non-controlling interest dividends		(243	)		—
Net income available to common stockholders	$	5,030		$	223
Common Shares:
Basic - weighted average common shares		1,186			1,186
Effect of dilutive stock options		19			20
Diluted - weighted average common stock		1,205			1,206
Income per Common Share:
Basic -
Net income	$	4.77		$	0.46
Preferred stock dividends		(0.33	)		(0.27	)
Non-controlling interest dividends		(0.20	)		—
Net income attributable to common stockholders	$	4.24		$	0.19
Diluted -
Net income	$	4.69		$	0.45
Preferred stock dividends		(0.32	)		(0.27	)
Non-controlling interest dividends		(0.20	)		—
Net income available to common stockholders	$	4.17		$	0.18

Potentially Diluted Securities

Potentially diluted securities as of September 30, 2025 and 2024 are as follows:

	September 30,
		2025	2024
Employee stock options (Note 10)		62,493	49,993
		62,493	49,993