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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net income (loss) $ 5,657 $ 551
Adjustments to reconcile net income to net cash provided by operating activities:    
Recovery of uncollectible accounts 80 (37)
Depreciation 645 551
Deferred income tax provision (257) 196
Amortization of intangible assets 2,688 2,299
Amortization of acquired inventory valuation 934 342
Amortization of loan costs 296 81
Stock based compensation 490 321
Unrealized (gain) loss on marketable securities (3,099) 41
Change in fair value of earnout 434 774
Change in fair value of mandatorily redeemable noncontrolling interest 385 964
Gain on extinguishment 0 (22)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (25,167) (4,515)
Inventory (103) 39
Prepaid expenses and other current assets (2,054) (250)
Security deposits and other long-term assets (638) 19
Accounts payable and accrued expenses 62,877 5,296
Other liabilities (102) 181
Net cash provided by operating activities 43,066 6,831
Cash Flows from Investing Activities:    
Acquisition of property and equipment, net of disposals (590) (1,003)
Investment in marketable securities (net of dividends) (240) (42)
Acquisition of Indco shares (1,374) 0
Acquisitions, net of cash acquired (11,925) (3,851)
Earnout payment (1,078) (740)
Net cash used in investing activities (15,207) (5,636)
Cash Flows from Financing Activities:    
Dividends paid to preferred stockholders (1,008) (84)
Dividends paid to non-controlling interest (243) 0
Proceeds from (Repayments of) term loan 3,134 (2,277)
Proceeds from (Repayments of) Lines of credit, net (18,538) 3,304
Repayment of subordinated promissory note-related party (2,231) (1,517)
Repayment of acquisition loan, net (800) 0
Option Expense 785 0
Net cash used in financing activities (18,901) (574)
Net increase in cash 8,958 621
Cash at beginning of the period 3,082 2,461
Cash and restricted cash at end of period 12,040 3,082
Cash paid during the period for:    
Interest 1,582 1,999
Income taxes 861 585
Non-cash operating activities:    
Contingent earnout acquisition 250 64
Due to former owner 0 740
Non-cash investing activities:    
Airschott subordinated promissory note 0 1,200
Airschott contingent deferred consideration 0 952
Non-cash financing activities:    
Dividends declared to preferred stockholders 384 328
Extinguishment of related party debt $ 540 $ 0