Annual report pursuant to Section 13 and 15(d)

Note 11 - Acquisition of Nestor Cables (Tables)

v3.22.2.2
Note 11 - Acquisition of Nestor Cables (Tables)
12 Months Ended
Sep. 30, 2022
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(in thousands)

       

Cash

  $ 72  

Accounts receivables

    10,562  

Inventories

    11,377  

Other current assets

    173  

Total current assets

    22,184  

Property and equipment

    7,689  

Intangibles assets

    1,840  

Right of use lease asset

    1,297  

Goodwill

    1,762  

Other

    55  

Total assets

  $ 34,827  

Accounts payable

    5,839  

Accrued compensation

    1,430  

Accrued expenses

    1,916  

Deferred tax liability

    621  

Lease liability

    1,297  

Factoring liability

    5,849  

Long term debt

    2,045  

Total liabilities

  $ 18,997  

Net assets acquired

  $ 15,830