Financing Transactions

9 Months Ended

Jun. 30, 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 carried a 12.9% interest rate. As of September 30, 2024, the amount of this note totaled $210,000. The note was paid in full as of May 2025.  Interest expense associated with this agreement totaled $300 and $9,000 during the three and nine months ended June 30, 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 June 30, 2025 or September 30, 2024.