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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Sep. 30, 2022
Current assets    
Cash and cash equivalents $ 60,476 $ 58,487
Investments in marketable securities, at fair value 10 9
Investment fee income receivable 2,046 2,051
Interest income receivable 253 100
Prepaid expenses 669 753
Other accounts receivable 247 257
Total current assets 63,701 61,657
Property and equipment, net of accumulated depreciation of $2,287 and $2,057, respectively 305 320
Operating lease right-of-use asset 295 651
Management contracts 81,262 80,868
Other assets 156 156
Total assets 145,719 143,652
Current liabilities    
Accrued liabilities and accounts payable 3,165 3,320
Accrued management contract payment 0 210
Operating lease liability 279 367
Income taxes payable 748 820
Total current liabilities 4,192 4,717
Notes payable, net of issuance costs 39,164 38,870
Long-term operating lease liability 0 279
Net deferred income tax liability 14,611 13,488
Total liabilities 57,967 57,354
Commitments and contingencies (Note 10)
Stockholders' equity    
Common stock, no par value, 22,500,000 shares authorized; 7,671,099 shares issued and outstanding as of September 30, 2023, and 7,571,741 as of September 30, 2022 21,800 20,951
Retained earnings 65,952 65,347
Total stockholders' equity 87,752 86,298
Total liabilities and stockholders' equity $ 145,719 $ 143,652