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Segment Information (Tables)

3 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

The following table sets forth certain financial information for the Company's reportable segments:

		Three Months Ended December 31,
(in thousands)		2024				2023
GovDeals:
	Purchase revenue	$	512			$	—
	Consignment and other fee revenues		20,010				15,900
	Total revenue		20,522				15,900
	Segment direct profit	$	18,816			$	15,056
RSCG:
	Purchase revenue	$	80,685			$	35,293
	Consignment and other fee revenues		6,996				8,428
	Total revenue		87,681				43,721
	Segment direct profit	$	18,495			$	14,112
CAG:
	Purchase revenue	$	1,618			$	932
	Consignment and other fee revenues		8,233				6,902
	Total revenue		9,851				7,834
	Segment direct profit	$	8,796			$	6,943
Machinio:
	Purchase revenue	$	—			$	—
	Consignment and other fee revenues		4,294				3,886
	Total revenue		4,294				3,886
	Segment direct profit	$	4,077			$	3,703
Corporate, including elimination adjustments:
	Purchase revenue	$	—			$	—
	Consignment and other fee revenues		(17	)			(16	)
	Total revenue		(17	)			(16	)
	Segment direct profit	$	(17	)		$	(16	)
Consolidated:
	Purchase revenue	$	82,815			$	36,225
	Consignment and other fee revenues		39,516				35,100
	Total revenue		122,331				71,325
	Total Segment direct profit	$	50,167			$	39,798

Schedule of reconciliation of revenue from segments to consolidated

The following table reconciles segment direct profit used in the reportable segments to the Company's condensed consolidated results:

	Three Months Ended December 31,
(in thousands)	2024				2023
Reconciliation:					
Total segment direct profit	$	50,167			$	39,798
Other costs and expenses from operations (1)		42,964				37,707
Interest and other income, net		(987	)			(697	)
Income before provision for income taxes	$	8,190			$	2,788

(1)Other costs and expenses from operations is defined as Total costs and expenses from operations per the Condensed Consolidated Statements of Operations, less Cost of goods sold (which is included in the calculation of Segment direct profit).

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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