v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Sep. 30, 2021
Current Assets    
Cash and cash equivalents $ 16,650,000 $ 13,216,000
Short-term investments 5,802,000 10,374,000
Accounts receivables, net 53,704,000 19,438,000
Inventories, net 82,208,000 27,524,000
Other current assets 1,758,000 953,000
Total current assets 160,122,000 71,505,000
Property, plant and equipment, net 18,229,000 4,998,000
Other Assets    
Long-term investments 22,747,000 36,913,000
Goodwill, Ending Balance 6,402,000 4,709,000
Intangible assets, net 6,376,000 4,696,000
Right of use lease assets 13,256,000 2,305,000
Deferred tax asset 1,414,000 365,000
Other 582,000 419,000
Total other assets 50,777,000 49,407,000
Total Assets 229,128,000 125,911,000
Current Liabilities    
Current portion of lease liability 3,385,000 915,000
Accounts payable 24,118,000 9,215,000
Accrued compensation 13,619,000 8,729,000
Accrued expenses 6,181,000 1,613,000
Factoring liability 4,391,000 0
Total current liabilities 51,694,000 20,472,000
Other Liabilities    
Long-term debt 18,666,000 0
Long-term portion of lease liability 10,412,000 1,615,000
Deferred tax liability 774,000 0
Total liabilities 81,546,000 22,087,000
Shareholders’ Equity    
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding 0 0
Common stock, authorized 50,000,000, $.01 par value; 13,818,452 and 13,732,188 shares issued and outstanding as of September 30, 2022, and 2021 138,000 137,000
Additional paid-in capital 54,539,000 58,246,000
Accumulated other comprehensive loss 1,898,000 0
Retained earnings 94,803,000 45,441,000
Total shareholders’ equity 147,582,000 103,824,000
Total Liabilities and Shareholders’ Equity $ 229,128,000 $ 125,911,000

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