XML 35 R24.htm IDEA: XBRL DOCUMENT v3.25.2

Long-term debt (Tables)

9 Months Ended

Jun. 30, 2025

Long-term debt.

Summary of the balances on the Facility

​

​	​	​	​	​	​	​	​
​		As of			As of
​	​	June 30, 2025			September 30, 2024
Delayed-draw term loan	​	$	56,000	​	$	58,400	​
Term loan	​	​	4,312	​	​	4,500	​
Revolving credit facility	​		5,700	​		6,323	​
Total principal	​	​	66,012	​	​	69,223	​
Deferred financing costs	​	​	(1,058)	​	​	(1,430)	​
Net carrying value	​	$	64,954	​	$	67,793	​
​	​	​	​	​	​	​	​
Current portion	​		3,303	​	​	3,248	​
Long-term portion	​		61,651	​	​	64,545	​
Net carrying value	​	$	64,954	​	$	67,793	​

Schedule future repayments of the Facility

​

​	​	​	​	​
Twelve months ended June 30,	​	Amount
2026	​	$	3,450	​
2027	​	​	3,450	​
2028	​		59,112	​
Total	​	$	66,012	​

Schedule of activity in equipment loans

​

​	​	​	​	​	​	​
​		Nine months ended			Nine months ended
​	​	June 30, 2025		​	June 30, 2024
Beginning balance	​	$	12,859	​	$	14,347
Additions	​		16,192	​		19,411
Repayments	​		(18,513)	​		(20,327)
Ending balance	​		10,538	​		13,431
Current portion	​		10,525	​		13,335
Long-term portion	​	$	13	​	$	96

Schedule of activity in lease liabilities

​

​	​	​	​	​	​	​	​	​	​
​		​			​	​		​	​
​	​	Operating		​	Finance		​	Total
Balance September 30, 2023	​	$	16,236	​	$	2,914	​	$	19,150
Additions	​	​	3,049	​	​	1,760	​	​	4,809
Non-cash adjustments	​	​	(139)	​	​	—	​	​	(139)
Repayments	​	​	(3,238)	​	​	(1,139)	​		(4,377)
Balance June 30, 2024	​	$	15,908	​	$	3,535	​	$	19,443
​	​	​	​	​	​	​	​	​	​
Balance September 30, 2024	​	$	15,840	​	$	3,310	​	$	19,150
Additions	​	​	2,100	​	​	492	​		2,592
Non-cash adjustments	​	​	(79)	​	​	—	​		(79)
Repayments	​	​	(3,687)	​		(1,115)	​		(4,802)
Balance June 30, 2025	​	$	14,174	​	$	2,687	​	$	16,861

Schedule of future payments pursuant to lease liabilities

​

​	​	​	​	​	​	​	​	​	​
Twelve Months Ending June 30,	​	Operating		​	Finance		​	Total
2026	​	$	5,449	​	$	1,235	​	$	6,684
2027	​		4,144	​		923	​		5,067
2028	​	​	2,959	​	​	594	​	​	3,553
2029	​	​	2,074	​	​	254	​	​	2,328
2030	​	​	850	​	​	26	​	​	876
Thereafter	​	​	712	​	​	—	​	​	712
Gross lease payments	​		16,188	​		3,032	​		19,220
Less amounts relating to interest	​		(2,014)	​	​	(345)	​		(2,359)
Lease liabilities	​	$	14,174	​	$	2,687	​	$	16,861

Schedule of components of finance lease expense and other information relating to leases

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended June, 30

Nine months ended June, 30

​

Classification

​

2025

​

​

2024

​

​

2025

​

​

2024

​

Finance lease cost:

​

​

​

​

​

​

​

Amortization of lease assets

Depreciation

$

262

​

$

343

​

$

867

​

$

982

​

Interest on lease liabilities

Interest expense

​

57

​

69

​

​

190

​

194

​

Total finance lease cost

​

$

319

​

$

412

​

$

1,057

​

$

1,176

​

​

​	​	​	​	​	​	​	​
​		As of			As of
​	​	June 30, 2025		​	September 30, 2024
Weighted average remaining lease term (years)	​	​	​	​	​	​	​
Operating leases	​		3.7	​		4.1	​
Finance leases	​		2.8	​		2.8	​
​	​	​	​	​	​	​	​
Weighted average discount rate	​	​	​	​	​	​	​
Operating leases	​	​	7.2	%	​	7.4	%
Finance leases	​	​	9.0	%	​	8.5	%

​

X

- References

No definition available.

+ Details

Name:	qipt_DebtAndLeaseLiabilitiesAbstract
Namespace Prefix:	qipt_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to lease liability recognized in statement of financial position.

+ References

No definition available.

+ Details

Name:	qipt_LesseeOperatingAndFinanceLeaseLiabilityToBePaidMaturityTableTextBlock
Namespace Prefix:	qipt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of activities in secured debt during the period.

+ References

No definition available.

+ Details

Name:	qipt_ScheduleOfActivityInSecuredDebtTableTextBlock
Namespace Prefix:	qipt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of movement in operating and finance lease liabilities during the period.

+ References

No definition available.

+ Details

Name:	qipt_ScheduleOfMovementInLeaseLiabilitiesTableTextBlock
Namespace Prefix:	qipt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration