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Selected Account Information
 6 Months Ended
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, 2025September 30, 2024
Credit card receivables$1,957 $2,056 
Income tax refundable— 2,017 
ATM in-transit888 877 
Current portion of notes receivable325 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, 2025September 30, 2024
Prepaid insurance$1,814 $2,792 
Prepaid legal71 177 
Prepaid taxes and licenses797 522 
Prepaid rent516 322 
Other873 614 
Total prepaid expenses and other current assets$4,071 $4,427 
The components of accrued liabilities are as follows (in thousands):
March 31, 2025September 30, 2024
Insurance$861 $2,390 
Sales and liquor taxes2,455 2,440 
Payroll and related costs4,772 4,676 
Property taxes1,870 3,347 
Interest588 568 
Patron tax826 1,024 
Unearned revenues425 99 
Income taxes572 — 
Lawsuit settlement2,050 1,985 
Construction in progress740 1,012 
Estimated self-insurance liability1,119 — 
Other1,883 2,739 
Total accrued liabilities$18,161 $20,280 
The components of other long-term liabilities are as follows (in thousands):
March 31, 2025September 30, 2024
Estimated self-insurance liability
$4,348 $— 
Other393 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,
2025202420252024
Taxes and permits$3,418 $3,967 $7,246 $8,009 
Advertising and marketing2,601 2,993 5,563 6,467 
Supplies and services2,468 2,736 4,956 5,431 
Insurance2,823 3,265 8,106 6,580 
Legal1,369 1,116 2,755 1,849 
Lease1,537 1,785 3,139 3,609 
Charge card fees1,650 1,682 3,398 3,414 
Utilities1,508 1,462 2,879 2,947 
Security1,018 1,287 2,102 2,698 
Stock-based compensation118 471 588 941 
Accounting and professional fees1,177 1,136 2,311 2,322 
Repairs and maintenance1,288 1,114 2,491 2,213 
Other1,925 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,
2025202420252024
Impairment of assets$1,780 $8,033 $1,780 $8,033 
Settlement of lawsuits127 167 306 167 
Loss (gain) on sale of businesses and assets220 (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.