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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Sep. 30, 2023
Current Assets    
Cash and cash equivalents $ 11,086 $ 13,133
Accounts receivable - Net 21,989 26,474
Inventories 26,867 34,845
Income taxes receivable 132 632
Other current assets 4,302 6,105
Total current assets 64,376 81,189
Property, Plant and Equipment - Net 11,647 9,695
Right-of-Use Assets - Net 16,596 11,217
Intangible Assets - Net 4,004 6,114
Goodwill 21,261 27,631
Deferred Income Taxes - Net 185 101
Other Assets 884 1,074
Total Assets 118,953 137,021
Current Liabilities    
Accounts payable 5,356 10,815
Accrued compensation and related taxes 2,057 3,481
Accrued warranty expense 602 965
Other accrued liabilities 477 1,551
Current portion of finance lease liabilities and long-term debt 101 2,265
Current portion of long-term operating lease liabilities 2,041 2,623
Contract liabilities 8,965 8,018
Total current liabilities 19,599 29,718
Finance Lease Liabilities and Long-Term Debt 189 8,422
Long-Term Operating Lease Liabilities 15,240 8,894
Income taxes payable 1,510 1,575
Other Long-Term Liabilities 57 47
Total Liabilities 36,595 48,656
Commitments and Contingencies (Note 15)
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: 14,258,879 and 14,185,977 in 2024 and 2023, respectively 143 142
Additional paid-in capital 128,466 126,963
Accumulated other comprehensive loss (720) (1,695)
Retained deficit (45,531) (37,045)
Total Shareholders’ Equity 82,358 88,365
Total Liabilities and Shareholders’ Equity $ 118,953 $ 137,021