REVENUE FROM CONTRACT WITH CUSTOMERS (Tables)

9 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Summary of disaggregation of revenue

The following tables provide information about disaggregated revenue by revenue streams, reportable segments, geographical region, and timing of revenue recognition for the three and nine months ended June 30, 2024 and 2023.

		Three months ended June 30, 2024
		Oil and natural gas		Contract drilling		Land investment		Other		Total
Revenue streams:
	Oil	$	3,597,000	$	—	$	—	$	—	$	3,597,000
	Natural gas	378,000		—		—		—		378,000
	Natural gas liquids	477,000		—		—		—		477,000
	Drilling and pump	—		1,021,000		—		—		1,021,000
	Other	—		—		—		33,000		33,000
	Total revenues before interest income	$	4,452,000	$	1,021,000	$	—	$	33,000	$	5,506,000
Geographical regions:
	United States	$	534,000	$	1,021,000	$	—	$	1,000	$	1,556,000
	Canada	3,918,000		—		—		32,000		3,950,000
	Total revenues before interest income	$	4,452,000	$	1,021,000	$	—	$	33,000	$	5,506,000
Timing of revenue recognition:
	Goods transferred at a point in time	$	4,452,000	$	—	$	—	$	33,000	$	4,485,000
	Services transferred over time	—		1,021,000		—		—		1,021,000
	Total revenues before interest income	$	4,452,000	$	1,021,000	$	—	$	33,000	$	5,506,000

		Three months ended June 30, 2023
		Oil and natural gas		Contract drilling		Land investment		Other		Total
Revenue streams:
	Oil	$	3,423,000	$	—	$	—	$	—	$	3,423,000
	Natural gas	622,000		—		—		—		622,000
	Natural gas liquids	458,000		—		—		—		458,000
	Drilling and pump	—		1,134,000		—		—		1,134,000
	Other	—		—		—		13,000		13,000
	Total revenues before interest income	$	4,503,000	$	1,134,000	$	—	$	13,000	$	5,650,000
Geographical regions:
	United States	$	869,000	$	1,134,000	$	—	$	1,000	$	2,004,000
	Canada	3,634,000		—		—		12,000		3,646,000
	Total revenues before interest income	$	4,503,000	$	1,134,000	$	—	$	13,000	$	5,650,000
Timing of revenue recognition:
	Goods transferred at a point in time	$	4,503,000	$	—	$	—	$	13,000	$	4,516,000
	Services transferred over time	—		1,134,000		—		—		1,134,000
	Total revenues before interest income	$	4,503,000	$	1,134,000	$	—	$	13,000	$	5,650,000

		Nine months ended June 30, 2024
		Oil and natural gas		Contract drilling		Land investment		Other		Total
Revenue streams:
	Oil	$	10,474,000	$	—	$	—	$	—	$	10,474,000
	Natural gas	1,768,000		—		—		—		1,768,000
	Natural gas liquids	1,484,000		—		—		—		1,484,000
	Drilling and pump	—		3,084,000		—		—		3,084,000
	Contingent residual payments	—		—		500,000		—		500,000
	Other	—		—		—		92,000		92,000
	Total revenues before interest income	$	13,726,000	$	3,084,000	$	500,000	$	92,000	$	17,402,000
Geographical regions:
	United States	$	1,962,000	$	3,084,000	$	500,000	$	27,000	$	5,573,000
	Canada	11,764,000		—		—		65,000		11,829,000
	Total revenues before interest income	$	13,726,000	$	3,084,000	$	500,000	$	92,000	$	17,402,000
Timing of revenue recognition:
	Goods transferred at a point in time	$	13,726,000	$	—	$	500,000	$	92,000	$	14,318,000
	Services transferred over time	—		3,084,000		—		—		3,084,000
	Total revenues before interest income	$	13,726,000	$	3,084,000	$	500,000	$	92,000	$	17,402,000

		Nine months ended June 30, 2023
		Oil and natural gas		Contract drilling		Land investment		Other		Total
Revenue streams:
	Oil	$	9,696,000	$	—	$	—	$	—	$	9,696,000
	Natural gas	2,540,000		—		—		—		2,540,000
	Natural gas liquids	1,179,000		—		—		—		1,179,000
	Drilling and pump	—		4,583,000		—		—		4,583,000
	Contingent residual payments	—		—		265,000		—		265,000
	Other	—		—		—		85,000		85,000
	Total revenues before interest income	$	13,415,000	$	4,583,000	$	265,000	$	85,000	$	18,348,000
Geographical regions:
	United States	$	1,695,000	$	4,583,000	$	265,000	$	9,000	$	6,552,000
	Canada	11,720,000		—		—		76,000		11,796,000
	Total revenues before interest income	$	13,415,000	$	4,583,000	$	265,000	$	85,000	$	18,348,000
Timing of revenue recognition:
	Goods transferred at a point in time	$	13,415,000	$	—	$	265,000	$	85,000	$	13,765,000
	Services transferred over time	—		4,583,000		—		—		4,583,000
	Total revenues before interest income	$	13,415,000	$	4,583,000	$	265,000	$	85,000	$	18,348,000

Summary of contract with customer, asset and liability

The following table provides information about accounts receivables, contract assets and contract liabilities from contracts with customers:

	June 30, 2024		September 30, 2023		September 30, 2022
Accounts receivables from contracts with customers	$	2,940,000	$	2,931,000	$	4,038,000
Contract assets	559,000		958,000		580,000
Contract liabilities	18,000		377,000		1,087,000