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Accounts payable and accrued expenses, and Other noncurrent liabilities | 12 Months Ended
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Sep. 30, 2023
Accounts payable and accrued expenses, and Other noncurrent liabilities |
Accounts payable and accrued expenses, and Other noncurrent liabilities | 8. Accounts payable and accrued expenses, and Other noncurrent liabilities Accounts payable and accrued expenses consist of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30,
​ |  | 2023 |  | 2022
​ | ​ | (Amounts in thousands)
Accounts payable | ​ | $ | 6,719 | ​ | $ | 19,241
Commissions | ​ |  | 615 | ​ |  | 631
Compensation and fringe benefits | ​ |  | 1,958 | ​ |  | 1,607
Professional fees | ​ |  | 199 | ​ |  | 175
Taxes, other than income | ​ |  | 130 | ​ |  | 211
Finance lease liability | ​ | ​ | — | ​ | ​ | 4
Operating lease liability | ​ | ​ | 502 | ​ | ​ | 550
Employee Retention Tax Credit Payable | ​ |  | 640 | ​ |  | —
Product warranty | ​ |  | 22 | ​ |  | 44
Total | ​ | $ | 10,785 | ​ | $ | 22,463
​ The Company enters into certain multi-year agreements with vendors when also entering into some of the multi-year contracts the Company enters into with customers. See Note 2 Accounts and Long-Term Receivable for further information related to the multi-year agreements with customers. There was not an interest rate stated in the agreements and therefore interest was imputed under ASC 835 Interest as the payments in the exchange represented two elements: principal and interest. The average weighted imputed interest rate for the agreements was determined to be 5.5%. The rate was determined primarily based on the rate the Company could obtain by financing from other sources at the date of the transaction. Interest expense related to these agreements was $229 thousand and $260 thousand for the years ended September 30, 2023 and 2022, respectively. The amounts owed for these agreements are within accounts payable and other noncurrent liabilities because they are owed to a vendor rather than banks or financial institutions for borrowings. See Note 11 Line of Credit and Note 12 Notes Payable for amounts due to banks and other financial institutions for borrowings. Below are details of the aforementioned agreements with the vendors that contain imputed interest:
​ | ​ | ​ | ​ | ​ | ​
​ | September 30, 2023 | ​ | September 30, 2022
​ | (Amounts in thousands)
Current | $ | 1,718 | ​ | $ | 1,758
Less: discount | ​ | (140) | ​ | ​ | (186)
Accounts payable and accrued expenses | $ | 1,578 | ​ | $ | 1,572
​ | ​ | ​ | ​ | ​ | ​
Noncurrent | $ | 1,967 | ​ | $ | 3,186
Less: discount | ​ | (116) | ​ | ​ | (140)
Other noncurrent liabilities | $ | 1,851 | ​ | $ | 3,046
​ The Company had a total of approximately $3.3 million due (net of interest) to one of these vendors as of September 30, 2023. This is approximately 26% of Accounts payable and other noncurrent liabilities. The Company had a total of approximately $16.1 million due (net of interest) to one of these vendors as of September 30, 2022. This is approximately 63% of Accounts payable and other noncurrent liabilities. The TS segment has many vendors it transacts with and does not have any specific agreement with this vendor that it must purchase certain products from the vendor. Management believes other suppliers could provide similar products with comparable terms.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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