Selected Account Information

6 Months Ended

Mar. 31, 2022

Selected Account Information [Abstract]

The components of accounts receivable, net are as follows (in thousands):


	March 31, 2022		September 30, 2021
Credit card receivables	$	2,152	$	1,447
Income tax refundable	2,148		4,472
Insurance receivable	21		185
ATM in-transit	443		277
Other (net of allowance for doubtful accounts of $517 and $382, respectively)	1,498		1,189
Total accounts receivable, net	$	6,262	$	7,570

Notes receivable consist primarily of secured promissory notes executed between the Company and various buyers of our businesses and assets with interest rates ranging from 6% to 9% per annum and having terms ranging from 1 to 20 years, net of allowance for doubtful notes amounting to $154,000 and $102,000 as of March 31, 2022 and September 30, 2021, respectively.

The components of prepaid expenses and other current assets are as follows (in thousands):


	March 31, 2022		September 30, 2021
Prepaid insurance	$	4,712	$	277
Prepaid legal	25		112
Prepaid taxes and licenses	565		380
Prepaid rent	471		309
Other	1,107		850
Total prepaid expenses and other current assets	$	6,880	$	1,928

A reconciliation of goodwill as of March 31, 2022 and September 30, 2021 is as follows (in thousands):


	Gross		Accumulated Impairment		Net
Balance at September 30, 2021	$	59,967	$	20,588	$	39,379
Acquisitions (see Note 4)	15,105		—		15,105
Balance at March 31, 2022	$	75,072	$	20,588	$	54,484

The components of intangible assets, net are as follows (in thousands):


	March 31, 2022		September 30, 2021
Indefinite-lived:
Licenses	$	115,266	$	65,186
Trademarks	9,675		2,215
Domain names	23		23

Definite-lived:
Noncompete agreements	92		182
Discounted leases	82		86
Software	146		132
Total intangible assets, net	$	125,284	$	67,824

The components of accrued liabilities are as follows (in thousands):


	March 31, 2022		September 30, 2021
Insurance	$	4,558	$	54
Sales and liquor taxes	2,270		2,261
Payroll and related costs	4,470		3,220
Property taxes	1,063		2,178
Interest	411		145
Patron tax	399		452
Unearned revenues	641		354
Lawsuit settlement	301		378
Other	1,463		1,361
Total accrued liabilities	$	15,576	$	10,403

The components of selling, general and administrative expenses are as follows (in thousands):


	For the Three Months Ended March 31,				For the Six Months Ended March 31,
	2022		2021		2022		2021
Taxes and permits	$	2,361	$	2,084	$	4,597	$	4,112
Advertising and marketing	2,248		1,384		4,631		2,573
Supplies and services	2,175		1,488		4,155		2,716
Insurance	2,481		1,427		4,876		2,884
Legal	898		812		1,958		1,673
Lease	1,572		972		3,212		1,949
Charge card fees	1,466		695		2,797		1,259
Utilities	1,108		858		2,043		1,571
Security	1,050		830		2,137		1,690
Accounting and professional fees	622		297		1,968		1,012
Repairs and maintenance	903		677		1,628		1,250
Other	1,553		1,094		2,921		2,081
Total selling, general and administrative expenses	$	18,437	$	12,618	$	36,923	$	24,770

The components of other charges (gains), net are as follows (in thousands):


	For the Three Months Ended March 31,				For the Six Months Ended March 31,
	2022		2021		2022		2021
Impairment of assets	$	—	$	1,401	$	—	$	1,401
Settlement of lawsuits	385		1		577		153
Loss (gain) on disposal of businesses and assets	(58)		91		(400)		86
Gain on insurance	(320)		(12)		(321)		(209)
Other charges (gains), net	$	7	$	1,481	$	(144)	$	1,431

The components of non-operating gains (losses), net are as follows (in thousands):


	For the Three Months Ended March 31,				For the Six Months Ended March 31,
	2022		2021		2022		2021
Gain on debt extinguishment	$	—	$	380	$	85	$	5,329
Unrealized loss on equity securities	—		(34)		(1)		(67)
Other	—		85		—		85
Non-operating gains, net	$	—	$	431	$	84	$	5,347