Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Sep. 30, 2024
Current assets
Cash and cash equivalents	$ 72,431	$ 63,922
Investments in marketable securities, at fair value	12	11
Investment advisory fee income receivable	2,767	2,964
Interest income receivable	225	250
Prepaid expenses	797	817
Other accounts receivable	283	312
Total current assets	76,515	68,276
Property and equipment, net of accumulated depreciation of $1,643 and $1,540, respectively	524	374
Operating lease right-of-use asset	676	1,014
Management contracts	82,562	82,252
Other assets	182	183
Total assets	160,459	152,099
Current liabilities
Accrued liabilities and accounts payable	4,864	4,441
Accrued payment related to management contract	123	0
Operating lease liability	365	332
Income taxes payable	661	181
Total current liabilities	6,013	4,954
Notes payable, net of issuance costs	39,807	39,477
Long-term operating lease liability	330	695
Net deferred income tax liability	16,573	15,662
Total liabilities	62,723	60,788
Commitments and contingencies (Note 10)
Stockholders' equity
Common stock, no par value, 22,500,000 shares authorized; 7,889,941 shares issued and outstanding as of September 30, 2025, and 7,778,335 as of September 30, 2024	23,478	22,592
Retained earnings	74,258	68,719
Total stockholders' equity	97,736	91,311
Total liabilities and stockholders' equity	$ 160,459	$ 152,099