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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Sep. 30, 2024
Current Assets    
Cash and cash equivalents $ 15,563 $ 11,086
Accounts receivable (less allowance for credit losses of $126 and $103 at June 30, 2025 and September 30, 2024, respectively) 19,047 21,989
Inventories 19,620 26,867
Income taxes receivable 152 132
Other current assets 3,373 4,302
Total current assets 57,755 64,376
Property, Plant and Equipment - Net 10,445 11,647
Right-of-Use Assets - Net 17,856 16,596
Intangible Assets - Net 1,135 4,004
Goodwill 908 21,261
Deferred Income Taxes - Net 185 185
Other Assets 1,180 884
Total Assets 89,464 118,953
Current Liabilities    
Accounts payable 6,899 5,356
Accrued compensation and related taxes 1,666 2,057
Accrued warranty expense 414 602
Other accrued liabilities 1,522 477
Current maturities of finance lease liabilities and long-term debt 112 101
Current portion of long-term operating lease liabilities 1,828 2,041
Contract liabilities 6,399 8,965
Total current liabilities 18,840 19,599
Finance Lease Liabilities and Long-Term Debt 127 189
Long-Term Operating Lease Liabilities 16,894 15,240
Income Taxes Payable 1,750 1,510
Other Long-Term Liabilities 135 57
Total Liabilities 37,746 36,595
Commitments and Contingencies (Note 9)
Shareholders’ Equity    
Preferred stock; 100,000,000 shares authorized; none issued
Common stock; $0.01 par value; 100,000,000 shares authorized; shares issued and outstanding: 14,313,963 and 14,258,879 at June 30, 2025 and September 30, 2024, respectively 143 143
Additional paid-in capital 129,577 128,466
Accumulated other comprehensive loss (1,077) (720)
Retained deficit (76,925) (45,531)
Total Shareholders' Equity 51,718 82,358
Total Liabilities and Shareholders’ Equity $ 89,464 $ 118,953