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Debt (Tables)
 3 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt

Debt consisted of the following:

 

December 31,

 

 

September 30,

 

(In thousands)

2022

 

 

2022

 

Short-term borrowings (1)

$

—

 

 

$

10,000

 

 

 

 

 

 

 

Revolving Credit Facility, Term SOFR + 3.00%, maturing October 1, 2027

$

5,000

 

 

$

—

 

Tranche 1 Term Loans, Term SOFR +5.75%, maturing October 1, 2027

 

25,000

 

 

 

—

 

Long-term debt, gross

 

30,000

 

 

 

—

 

Less: Unamortized debt issuance costs

 

(505

)

 

 

—

 

Long-term debt, net

$

29,495

 

 

$

—

 
(1)
Consisted of the outstanding balance on the secured revolving credit facility with Bridgewater Bank; this balance was repaid and the credit agreement terminated on October 14, 2022. For further information, refer to the Notes to the Consolidated Financial Statements in Part II, Item 8 of our Annual Report on Form 10-K for the fiscal year ended September 30, 2022.