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v3.24.3

Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Sep. 30, 2024 | Sep. 30, 2023
Cash flows from operating activities: |  |
Net income (loss) | $ (6,578) | $ 12,206
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
Deferred income tax expense | 18 | 3
Rental equipment depreciation | 10,859 | 11,766
Property, plant and equipment depreciation | 3,512 | 3,704
Amortization of intangible assets | 395 | 768
Intangible assets impairment expense | 2,761 | 0
Accretion of discounts on short-term investments | (566) | (144)
Stock-based compensation expense | 1,304 | 1,374
Provision for (recovery of) credit losses | (110) | (138)
Inventory obsolescence expense | 589 | 2,229
Loss on sale of subsidiary | 14,539 | 0
Realized foreign currency translation gain from dissolution of foreign subsidiary | 0 | 38
Gross profit from sale of rental equipment | (30,998) | (4,424)
Effects of changes in operating assets and liabilities: |  |
Trade accounts and notes receivable | 6,593 | (5,561)
Inventories | (10,985) | (11,026)
Other assets | (199) | 442
Accounts payable trade | 2,746 | 41
Other liabilities | (2,979) | 5,351
Net cash provided by (used in) operating activities | (9,083) | 15,558
Cash flows from investing activities: |  |
Purchase of property, plant and equipment | (3,857) | (3,964)
Investment in rental equipment | (8,321) | (9,920)
Proceeds from the sale of property, plant and equipment | 9 | 4,406
Proceeds from the sale of rental equipment | 31,964 | 11,478
Purchase of short-term investments | (32,078) | (24,782)
Proceeds from the sale of short-term investments | 17,338 | 10,900
Cash disposed from sale of subsidiary | (1,231) | 0
Net cash provided by (used in) investing activities | 3,824 | (11,882)
Cash flows from financing activities: |  |
Payments of contingent consideration | 0 | (175)
Debt issuance costs | 0 | (350)
Purchase of treasury stock | (6,385) | 0
Net cash used in financing activities | (6,385) | (525)
Effect of exchange rate changes on cash | (264) | (457)
Increase (decrease) in cash and cash equivalents | (11,908) | 2,694
Cash and cash equivalents, beginning of fiscal year | 18,803 | 16,109
Cash and cash equivalents, end of fiscal year | 6,895 | 18,803
Equipment [Member] |  |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
Loss (gain) on disposal of property and equipment | 16 | 244
Satellite Property [Member] |  |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
Loss (gain) on disposal of property and equipment | $ 0 | $ (1,315)

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