Financing Transactions

6 Months Ended

Mar. 31, 2025

Financing Transactions [Abstract]

Financing Transactions [Text Block]

Note 4:  Financing Transactions

Insurance Financing

During July 2024, the Company entered into an agreement to finance a portion of its commercial insurance premiums. The amount financed totaled $296,000 and carries a 12.9% interest rate. As of March 31, 2025 and September 30, 2024, the amount of this note totaled $62,000 and $210,000, respectively. This note is expected to be fully paid by May 2025.  Interest expense associated with this agreement totaled $3,000 and $9,000 during the three and six months ended March 31, 2025.

Line of Credit

The Company has a revolving line of credit with Pacific Premier Bank for $500,000, expiring April 1, 2026. There was no outstanding balance on the line of credit as of March 31, 2025 or September 30, 2024.