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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 54,116 $ 15,621
Restricted cash 3,043 3,009
Receivables, net ($10,428 and $1,883 from related party) 14,674 5,263
Expendable parts and supplies, net 13,649 28,272
Assets held for sale 75,812 5,741
Prepaid expenses and other current assets 2,283 3,371
Total current assets 163,577 61,277
Property and equipment, net 36,846 426,351
Lease and equipment deposits 583 1,289
Operating lease right-of-use assets 7,050 7,231
Deferred heavy maintenance, net   6,396
Assets held for sale   86,605
Other assets 6,896 7,709
Total assets 214,952 596,858
Current liabilities:    
Current portion of long-term debt and finance leases ($7,512 and $6,604 from related 98,603 50,455
Current portion of deferred revenue 5,381 3,932
Current maturities of operating leases 1,535 1,681
Accounts payable 55,972 72,096
Accrued compensation 11,498 12,797
Customer deposits 849 1,189
Other accrued expenses 28,199 32,308
Total current liabilities 202,037 174,458
Noncurrent liabilities:    
Long-term debt and finance leases, excluding current portion ($31,652 and $30,914 from related party) 31,652 259,816
Noncurrent operating lease liabilities 6,890 6,863
Deferred credits from related party   3,020
Deferred income taxes 596 8,173
Deferred revenue, net of current portion 9,209 5,707
Other noncurrent liabilities 26,973 28,579
Total noncurrent liabilities 75,320 312,158
Total liabilities 277,357 486,616
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock of no par value and additional paid-in capital, 125,000,000 shares authorized; 41,334,433 (2025) and 41,331,719 (2024) shares issued and outstanding, 4,899,497 (2025) and 4,899,497 (2024) warrants issued and outstanding 272,918 272,376
Accumulated deficit (335,323) (162,134)
Total stockholders' equity (62,405) 110,242
Total liabilities and stockholders' equity $ 214,952 $ 596,858