Leases

9 Months Ended

Jun. 30, 2025

Leases

Leases

7.            Leases

Information related to both lessee and lessor

The components of lease costs for the three months ended June 30, 2025 and 2024 are as follows:

		Three months ended
	Consolidated Statements of Operations Location	June 30, 2025		June 30, 2024
		(Amounts in thousands)
Operating Lease:
Operating lease cost	Selling, general, and administrative	$	134	$	134
Short-term lease cost	Selling, general, and administrative		8		9
Total lease costs		$	142	$	143
Less sublease interest income	Revenue		(3)		(1)
Total lease costs, net of sublease interest income		$	139	$	142

The components of lease costs for the nine months ended June 30, 2025 and 2024 are as follows:

		Nine months ended
	Consolidated Statements of Operations Location	June 30, 2025		June 30, 2024
		(Amounts in thousands)
Finance Lease:
Operating Lease:
Operating lease cost	Selling, general, and administrative	$	400	$	398
Short-term lease cost	Selling, general, and administrative		24		26
Total lease costs		$	424	$	424
Less sublease interest income	Revenue		(7)		(2)
Total lease costs, net of sublease interest income		$	417	$	422

Supplemental cash flow information related to leases for the nine months ended June 30, 2025 and 2024 is below:

	Nine months ended
	June 30, 2025		June 30, 2024
	(Amounts in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases	$	408	$	403
Operating cash flows paid for short-term leases		24		26
Operating cash flows paid for finance leases		—		1
Cash received from subleases		(34)		(11)
Lease assets obtained in exchange for new lease liabilities
Operating leases		275		19

In April 2025, a lease agreement for a new office space for the TS U.S. division was executed, which commenced in August of 2025 and has a term for 80 months with total rent payments of around $1.2 million. The division’s office in Deerfield Beach, Florida moved to Boca Raton, Florida.