Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Sep. 30, 2022
Current Assets    
Cash and cash equivalents $ 14,305 $ 46,874
Accounts receivable (less allowance for doubtful accounts of $357 and $114 at June 30, 2023 and September 30, 2022, respectively) 28,398 25,013
Inventories 34,661 25,488
Other current assets 5,600 5,561
Total current assets 82,964 102,936
Property, Plant and Equipment - Net 9,146 6,552
Right-of-Use Assets - Net 11,643 11,258
Intangible Assets - Net 12,313 758
Goodwill 29,022 11,168
Deferred Income Taxes - Net 162 79
Other Assets 1,112 783
Total Assets 146,362 133,534
Current Liabilities    
Accounts payable 7,466 7,301
Accrued compensation and related taxes 3,491 4,109
Other accrued liabilities 3,120 1,771
Current maturities of finance lease liabilities and long-term debt 2,244 107
Current portion of long-term operating lease liabilities 2,800 2,101
Contract liabilities 7,807 7,231
Income taxes payable 34 6
Total current liabilities 26,962 22,626
Finance Lease Liabilities and Long-Term Debt 8,987 220
Long-Term Operating Lease Liabilities 9,120 9,395
Income Taxes Payable 2,462 2,849
Other Long-Term Liabilities 124 76
Total Liabilities 47,655 35,166
Commitments and Contingencies (Note 11)
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: 14,076,472 and 13,994,154 at June 30, 2023 and September 30, 2022, respectively 141 140
Additional paid-in capital 125,525 124,458
Accumulated other comprehensive loss (1,929) (1,767)
Retained deficit (25,030) (24,463)
Total Shareholders' Equity 98,707 98,368
Total Liabilities and Shareholders’ Equity $ 146,362 $ 133,534