Balance Sheet Components

12 Months Ended

Sep. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components [Text Block]

Note 3:  Balance Sheet Components

Property and equipment

At September 30, 2024 and 2023, property and equipment included the following:

		September 30,
		2024			2023
Land	$	11,609,000		$	11,609,000
Building and resort improvements		13,382,000			13,262,000
Furniture, fixtures and equipment		1,033,000			895,000
Transportation equipment		1,062,000			979,000
Operating lease right of use asset		85,000			-
Construction in progress		147,000			150,000
		27,318,000			26,895,000
Less accumulated depreciation and amortization		(10,580,000	)		(10,883,000	)
	$	16,738,000		$	16,012,000

Transportation equipment includes assets under finance leases. Refer to Note 5 for additional information.

Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities include trade payables, tourism taxes payable, property taxes payable, and other liabilities. The following table summarizes the Accounts payable and accrued liabilities as of September 30, 2024 and 2023:

		September 30,
		2024		2023
Trade accounts payable	$	73,000	$	56,000
Accrued expenses		99,000		-
Tourism taxes payable		80,000		80,000
Property taxes payable		66,000		61,000
Other		72,000		50,000
	$	390,000	$	247,000

Accrued expenses in the table above relate primarily to accrued utilities and other accrued operating expenses.  Other accrued liabilities in the table above relate primarily to unclaimed property and gift certificates.

Accrued Wages and Related

Accrued wages and related are primarily related to the Company's annual bonus and employee vacation liabilities.