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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 491 $ 1,714
Restricted cash 1,553 0
Receivables, net of allowance for credit losses of $151 and $117, respectively 16,103 17,272
Contract asset 10,560 10,745
Inventories, net 4,192 6,230
Prepaid expenses and other current assets 2,192 2,395
Current assets of discontinued operations 0 15,967
Total current assets 35,091 54,323
Property, plant and equipment, net 21,794 26,261
Operating lease right-of-use assets, net 12,543 13,326
Goodwill 3,493 3,493
Other assets 473 357
Noncurrent assets of discontinued operations 0 6,864
Total assets 73,394 104,624
Current liabilities:    
Current maturities of debt, net of unamortized debt issuance costs 2,592 353
Promissory note — related party 0 3,510
Revolver 7,969 20,142
Short-term operating lease liabilities 959 879
Accounts payable 5,796 11,574
Contract liabilities 1,784 2,879
Accrued liabilities (related party — nil and $880, respectively) 3,140 4,615
Current liabilities of discontinued operations 0 10,058
Total current liabilities 22,240 54,010
Long-term finance lease, net of short-term 51 0
Long-term operating lease liabilities, net of short-term 12,230 13,035
Deferred income taxes, net 163 154
Pension liability 1,206 2,465
Other long-term liabilities 619 645
Noncurrent liabilities of discontinued operations 0 3,890
Commitment and contingencies (Note 12)
Shareholders’ equity:    
Serial preferred shares, no par value, authorized 1,000 shares; 0 shares issued and outstanding at September 30, 2025 and 2024 0 0
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares 6,180 at September 30, 2025 and 6,158 at September 30, 2024 6,180 6,158
Additional paid-in capital 11,892 11,775
Retained earnings 17,152 17,881
Accumulated other comprehensive income (loss) 1,661 (5,389)
Total shareholders’ equity 36,885 30,425
Total liabilities and shareholders’ equity $ 73,394 $ 104,624