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Note 13 - Income Taxes
 3 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

13. INCOME TAXES

 

For the three months ended December 31, 2021, the Company recorded income tax benefit of $291 reflecting an effective tax rate of 28.8%. For the three months ended December 31, 2020, the Company recorded an income tax benefit of $5 reflecting an effective tax rate of 31.2%. The Company continues to maintain a partial valuation allowance against its deferred tax assets as the Company believes that the negative evidence that it will be able to recover these net deferred tax assets outweighs the positive evidence.

 

ASC 740, Accounting for Uncertainty in Income Taxes, requires the Company to recognize in its consolidated financial statements uncertainties in tax positions taken that may not be sustained upon examination by the taxing authorities. If interest or penalties are assessed, the Company would recognize these charges as income tax expense. The Company has not recorded any income tax expense or benefit for uncertain tax positions.