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Supporting Financial Information (Tables)
 12 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Accounts Receivable
The following table summarizes accounts receivable presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Billed receivables$25,904 $38,577 
Contract assets23,945 20,542 
Accounts receivable$49,849 $59,119 
Schedule of Other Current Assets
The following table summarizes other current assets presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Prepaid licenses and other expenses$1,315 $1,330 
Prepaid insurance and benefits545 743 
Other receivables906 994 
Other current assets$2,766 $3,067 
Schedule of Intangible Assets, Net
The following table summarizes intangible assets, net presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Intangible assets
Customer contracts and related customer relationships$113,622 $113,622 
Backlog37,249 37,249 
Trade names13,034 13,034 
Covenants-not-to-compete637 637 
Total intangible assets$164,542 $164,542 
Less accumulated amortization:
Customer contracts and related customer relationships(41,297)(29,929)
Backlog(10,994)(7,273)
Trade names(3,488)(2,185)
Covenants-not-to-compete(442)(378)
Total accumulated amortization$(56,221)$(39,765)
Intangible assets, net$108,321 $124,777 
Schedule of Estimated Future Amortization Expense of Finite-lived Intangibles
As of September 30, 2024, the estimated annual amortization expense is as follows (in thousands):
For the Fiscal Year Ending September 30,
2025$16,456 
202615,722 
202714,694 
202814,694 
202913,734 
Thereafter33,021 
Total amortization expense
$108,321 
Schedule of Equipment and Improvements, Net
The following table summarizes equipment and improvements, net presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Furniture and equipment$1,832 $1,790 
Computer equipment and software
7,273 6,479 
Leasehold improvements1,614 1,614 
Total equipment and improvements10,719 9,883 
Less: accumulated depreciation and amortization(8,889)(8,293)
Equipment and improvements, net$1,830 $1,590 
Schedule of Accounts Payable, Accrued Expenses, and Other Current Liabilities
The following table summarizes accounts payable and accrued liabilities presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Accounts payable$13,421 $12,603 
Accrued benefits4,519 6,414 
Accrued bonus and incentive compensation3,641 4,719 
Accrued workers' compensation insurance1,528 2,369 
Accrued interest
619 1,309 
Other accrued expenses1,562 2,290 
Accounts payable and accrued liabilities$25,290 $29,704 
Schedule of Accrued Payroll
The following table summarizes accrued payroll presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Accrued leave
$8,569 $9,621 
Accrued payroll3,070 2,487 
Accrued payroll taxes981 1,173 
Accrued severance228 513 
Accrued payroll$12,848 $13,794 
Schedule of Debt Obligations
Debt obligations

The following table summarizes debt obligations presented on our consolidated balance sheets at September 30, 2024 and 2023 (in thousands):
20242023
Secured term loan$142,500 $169,813 
Secured revolving line of credit12,058 9,546 
Less: unamortized deferred financing costs(5,184)(7,024)
Net bank debt obligations149,374 172,335 
Less: current portion of debt obligations, net of deferred financing costs (a)(12,058)(17,188)
Long-term portion of debt obligations, net of deferred financing costs$137,316 $155,147 

As of September 30, 2024, we have satisfied mandatory principal payments on our secured term loan.

(a) As of September 30, 2024, the current portion comprises the $12.1 million outstanding balance on the secured revolving line of credit. All fiscal 2025 mandatory loan amortization payments have been satisfied by voluntary prepayments.
Schedule of Interest Expense
Interest expense

The following table summarizes interest expense presented on our consolidated statements of operations for the years ended September 30, 2024 and 2023 (in thousands):
20242023
Interest expense (a)$15,352 $14,153 
Interest income (b)(38)(64)
Amortization of deferred financing costs (c)1,839 2,182 
Interest expense$17,153 $16,271 

(a): Interest expense on borrowing
(b): Interest earned from customer payments received after the due date.
(c): Amortization of expenses related to secured term loan and secured revolving line of credit.