Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

v3.25.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2024
Sep. 30, 2024
Current Assets    
Cash and cash equivalents $ 30,453,000 $ 16,167,000
Short-term investments 82,561,000 114,825,000
Accounts receivables, net 14,064,000 21,309,000
Inventories, net 59,224,000 66,766,000
Other current assets 11,609,000 10,528,000
Total current assets 197,911,000 229,595,000
Property, plant and equipment, net 23,717,000 23,953,000
Other Assets    
Long-term investments 41,916,000 24,505,000
Goodwill 6,493,000 6,627,000
Intangible assets, net 6,103,000 6,343,000
Right-of-use lease assets 18,276,000 15,797,000
Deferred tax asset 6,622,000 6,135,000
Other 2,192,000 2,320,000
Total other assets 81,602,000 61,727,000
Total Assets 303,230,000 315,275,000
Current portion of lease liability 3,651,000 3,357,000
Accounts payable 4,325,000 6,720,000
Accrued compensation 5,400,000 6,977,000
Accrued expenses 2,562,000 4,378,000
Factoring liability 2,790,000 2,920,000
Total current liabilities 18,728,000 24,352,000
Current Liabilities 303,230,000 315,275,000
Current portion of lease liability 3,651,000 3,357,000
Accounts payable 4,325,000 6,720,000
Accrued compensation 5,400,000 6,977,000
Accrued expenses 2,562,000 4,378,000
Factoring liability 2,790,000 2,920,000
Total current liabilities 18,728,000 24,352,000
Long-term debt, net of current maturities 2,072,000 2,228,000
Long-term portion of lease liability 14,995,000 12,771,000
Deferred tax liability 0 161,000
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding 0 0
Common stock, authorized 50,000,000, $.01 par value; 14,131,537 and 14,229,107 shares issued and outstanding as of December 31, 2024 and September 30, 2024, respectively 141,000 142,000
Additional paid-in capital 154,254,000 159,579,000
Accumulated other comprehensive (loss) income (17,000) 1,079,000
Retained earnings 113,057,000 114,963,000
Total shareholders’ equity 267,435,000 275,763,000
Total Liabilities and Shareholders’ Equity 303,230,000 315,275,000
Total liabilities 35,795,000 39,512,000
Deferred tax liability 0 161,000
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding 0 0
Common stock, authorized 50,000,000, $.01 par value; 14,131,537 and 14,229,107 shares issued and outstanding as of December 31, 2024 and September 30, 2024, respectively 141,000 142,000
Additional paid-in capital 154,254,000 159,579,000
Accumulated other comprehensive (loss) income (17,000) 1,079,000
Retained earnings 113,057,000 114,963,000
Total shareholders’ equity 267,435,000 275,763,000
Total Liabilities and Shareholders’ Equity $ 303,230,000 $ 315,275,000