XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net income $ 2,314 $ 3,515
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 105 103
Unrealized gain on marketable securities (1)  
Change in right-of-use asset and operating lease liability (3) 1
Amortization of note issuance costs 144 120
Deferred income taxes 655 1,034
Employee restricted stock forfeiture 0 (15)
Stock-based compensation 524 683
Change in operating assets and liabilities:    
Investment fee income receivable 109 192
Prepaid expenses (27) 152
Other accounts receivable 12 (22)
Other assets (1) 83
Accrued liabilities and accounts payable (1,539) (1,678)
Income taxes payable (337) (625)
Net cash provided by operating activities 1,955 3,543
Cash flows from investing activities    
Purchases of property and equipment (113) (100)
Payments related to management contracts (413)  
Net cash used in investing activities (526) (100)
Cash flows from financing activities    
Proceeds from issuance of notes, net of underwriting discount 0 39,042
Payment of issuance costs on notes 0 (435)
Repurchase of vested employee restricted stock for tax withholding 0 (37)
Dividend payments (2,051) (2,017)
Net cash (used in) provided by financing activities (2,047) 36,556
Net (decrease) increase in cash and cash equivalents (618) 39,999
Cash and cash equivalents at the beginning of the period 58,487 15,836
Cash and cash equivalents at the end of the period 57,869 55,835
Supplemental disclosures of cash flow information    
Cash paid for income taxes 487 541
Cash paid for interest 981 878
Dividend reinvestment issued in shares 31 38
2021 Dividend Reinvestment And Stock Purchase Plan [Member]    
Cash flows from financing activities    
Proceeds from shares issued $ 4 $ 3