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Property, equipment, and right-of-use assets

12 Months Ended

Sep. 30, 2025

Property, equipment, and right-of-use assets

Property, equipment, and right-of-use assets

5.Property, equipment, and right-of-use assets

Following is a summary of property, equipment, and right-of-use assets as of September 30, 2025 and 2024:

​

​	​	​	​	​	​	​
​	​	As at September 30,		​	As of September 30,
​	​ ​ ​	2025		​ ​ ​	2024
Rental equipment	​	$	77,843	​	$	64,568
Vehicles	​	​	3,785	​	​	3,296
Leasehold improvements	​	​	2,381	​	​	2,403
Office and technology equipment	​	​	1,736	​	​	1,130
Buildings	​	​	790	​	​	930
Land	​	​	140	​	​	160
Projects in process	​	​	141	​	​	360
Property and equipment, gross	​	​	86,816	​	​	72,847
Less: accumulated depreciation	​	​	(40,760)	​	​	(35,462)
Property and equipment, net	​	$	46,056	​	$	37,385
​	​	​	​	​	​	​
Right-of-use assets, real estate (Operating lease)	​	$	27,689	​	$	23,510
Right-of-use assets, vehicles (Financing lease)	​	​	5,279	​	​	5,498
Right-of-use assets, gross	​	​	32,968	​	​	29,008
Less: accumulated amortization	​	​	(14,575)	​	​	(12,533)
Right-of-use assets, net	​	$	18,393	​	$	16,475

​

Rental equipment transferred from inventory during the fiscal years ended September 30, 2025 and 2024 was $37,058,000 and $33,566,000, respectively. For the years ended September 30, 2025 and 2024, the Company obtained equipment loans (Note 9) of $23,828,000 and $25,304,000, respectively. As of September 30, 2025 and 2024, amounts in ending accounts payable were $1,950,000 and $0, respectively. Remaining rental equipment transferred from inventory of $11,280,000 and $8,262,000 for the years ended September 30, 2025 and 2024, respectively, were paid in cash.

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- Definition

Disclosure of amount, after accumulated depreciation and amortization, of property, plant, and equipment and finance lease right-of-use asset.

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