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Selected Account Information | 6 Months Ended
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Mar. 31, 2025
Selected Account Information [Abstract] |
Selected Account Information | Selected Account Information The components of receivables, net are as follows (in thousands):
| March 31, 2025 |  | September 30, 2024
Credit card receivables | $ | 1,957 |  |  | $ | 2,056 |
Income tax refundable | — |  |  | 2,017 |
ATM in-transit | 888 |  |  | 877 |
Current portion of notes receivable | 325 |  |  | 269 |
Other (net of allowance for doubtful accounts of $70 and $42, respectively) | 1,004 |  |  | 613 |
Total receivables, net | $ | 4,174 |  |  | $ | 5,832 |
Notes receivable consist primarily of secured promissory notes executed between the Company and various buyers of our businesses and assets with interest rates ranging from 6% to 9% per annum and having original terms ranging from 1 to 20 years. 5. Selected Account Information—continued The components of prepaid expenses and other current assets are as follows (in thousands):
| March 31, 2025 |  | September 30, 2024
Prepaid insurance | $ | 1,814 |  |  | $ | 2,792 |
Prepaid legal | 71 |  |  | 177 |
Prepaid taxes and licenses | 797 |  |  | 522 |
Prepaid rent | 516 |  |  | 322 |
Other | 873 |  |  | 614 |
Total prepaid expenses and other current assets | $ | 4,071 |  |  | $ | 4,427 |
The components of accrued liabilities are as follows (in thousands):
| March 31, 2025 |  | September 30, 2024
Insurance | $ | 861 |  |  | $ | 2,390 |
Sales and liquor taxes | 2,455 |  |  | 2,440 |
Payroll and related costs | 4,772 |  |  | 4,676 |
Property taxes | 1,870 |  |  | 3,347 |
Interest | 588 |  |  | 568 |
Patron tax | 826 |  |  | 1,024 |
Unearned revenues | 425 |  |  | 99 |
Income taxes | 572 |  |  | — |
Lawsuit settlement | 2,050 |  |  | 1,985 |
Construction in progress | 740 |  |  | 1,012 |
Estimated self-insurance liability | 1,119 |  |  | — |
Other | 1,883 |  |  | 2,739 |
Total accrued liabilities | $ | 18,161 |  |  | $ | 20,280 |
The components of other long-term liabilities are as follows (in thousands):
| March 31, 2025 |  | September 30, 2024
Estimated self-insurance liability | $ | 4,348 |  |  | $ | — |
Other | 393 |  |  | 398 |
Total other long-term liabilities | $ | 4,741 |  |  | $ | 398 |
5. Selected Account Information—continued The components of selling, general and administrative expenses are as follows (in thousands):
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Taxes and permits | $ | 3,418 |  |  | $ | 3,967 |  |  | $ | 7,246 |  |  | $ | 8,009 |
Advertising and marketing | 2,601 |  |  | 2,993 |  |  | 5,563 |  |  | 6,467 |
Supplies and services | 2,468 |  |  | 2,736 |  |  | 4,956 |  |  | 5,431 |
Insurance | 2,823 |  |  | 3,265 |  |  | 8,106 |  |  | 6,580 |
Legal | 1,369 |  |  | 1,116 |  |  | 2,755 |  |  | 1,849 |
Lease | 1,537 |  |  | 1,785 |  |  | 3,139 |  |  | 3,609 |
Charge card fees | 1,650 |  |  | 1,682 |  |  | 3,398 |  |  | 3,414 |
Utilities | 1,508 |  |  | 1,462 |  |  | 2,879 |  |  | 2,947 |
Security | 1,018 |  |  | 1,287 |  |  | 2,102 |  |  | 2,698 |
Stock-based compensation | 118 |  |  | 471 |  |  | 588 |  |  | 941 |
Accounting and professional fees | 1,177 |  |  | 1,136 |  |  | 2,311 |  |  | 2,322 |
Repairs and maintenance | 1,288 |  |  | 1,114 |  |  | 2,491 |  |  | 2,213 |
Other | 1,925 |  |  | 1,639 |  |  | 3,573 |  |  | 3,374 |
Total selling, general and administrative expenses | $ | 22,900 |  |  | $ | 24,653 |  |  | $ | 49,107 |  |  | $ | 49,854 |
The components of impairments and other charges (gains), net are as follows (in thousands):
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Impairment of assets | $ | 1,780 |  |  | $ | 8,033 |  |  | $ | 1,780 |  |  | $ | 8,033 |
Settlement of lawsuits | 127 |  |  | 167 |  |  | 306 |  |  | 167 |
Loss (gain) on sale of businesses and assets | 220 |  |  | (5) |  |  | (1,186) |  |  | (8) |
Gain on insurance | — |  |  | — |  |  | (1,017) |  |  | — |
Total impairments and other charges (gains), net | $ | 2,127 |  |  | $ | 8,195 |  |  | $ | (117) |  |  | $ | 8,192 |
During the quarter ended March 31, 2025, we recorded $1.8 million in SOB license impairment related to four clubs. During the quarter ended March 31, 2024, we recorded $4.4 million in SOB license impairment related to four clubs, $2.9 million in goodwill impairment related to two clubs, and $693,000 in tradename impairment related to one club. During the quarter ended December 31, 2024, we sold Bombshells Austin for a gain of $1.3 million. See Note 13. During the quarter ended December 31, 2024, we received insurance recovery amounting to $1.15 million for a club razed by fire in a prior period.

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