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Commitments and Contingencies (Tables) | 12 Months Ended
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Sep. 30, 2020
Schedule of Balance Sheet Detail Information | Balance Sheet information is as follows:
|  | September 30, 2020 |  |  | September 30, 2019 |
Trade receivables, current, net: |  |  |  |  |  |  |  |
Accounts receivable, current |  | $ | 20,197 |  |  | $ | 12,641 |
Less: Reserve for doubtful accounts |  |  | (76 | ) |  |  | (740 | )
|  | $ | 20,121 |  |  | $ | 11,901 |
Trade receivables , long term, net: |  |  |  |  |  |  |  |
Accounts receivable, long term |  | $ | 196 |  |  | $ | 196 |
Less: Reserve for doubtful accounts |  |  | (196 | ) |  |  | (196 | )
|  | $ | — |  |  | $ | — |
Total trade receivables, net: |  |  |  |  |  |  |  |
Gross trade receivables |  | $ | 20,393 |  |  | $ | 12,837 |
Less: Reserve for doubtful accounts |  |  | (272 | ) |  |  | (936 | )
|  | $ | 20,121 |  |  | $ | 11,901 |
|  | September 30, 2020 |  |  | September 30, 2019 |
Inventory, net |  |  |  |  |  |  |  |
Raw materials |  | $ | 13,175 |  |  | $ | 8,116 |
Work in progress |  |  | 11,747 |  |  |  | 2,141 |
Finished goods |  |  | 25,009 |  |  |  | 6,785 |
Merchandise |  |  | 17,729 |  |  |  | 22,883 |
|  |  | 67,660 |  |  |  | 39,925 |
Less: Inventory reserves |  |  | (3,135 | ) |  |  | (682 | )
|  | $ | 64,525 |  |  | $ | 39,243 |
|  | September 30, 2020 |  |  | September 30, 2019 |
Property and equipment, net: |  |  |  |  |  |  |  |
Building and improvements |  | $ | 9,908 |  |  | $ | 10,827 |
Transportation equipment |  |  | 480 |  |  |  | 82 |
Machinery and equipment |  |  | 27,217 |  |  |  | 20,035 |
Furnishings and fixtures |  |  | 2,908 |  |  |  | 2,741 |
Office, computer equipment and other |  |  | 3,445 |  |  |  | 2,544 |
|  |  | 43,958 |  |  |  | 36,229 |
Less: Accumulated depreciation |  |  | (13,582 | ) |  |  | (13,633 | )
|  | $ | 30,376 |  |  | $ | 22,596 |
|  | September 30, 2020 |  |  | September 30, 2019 |
Intangible assets, net: |  |  |  |  |  |  |  |
Domain name and marketing related intangibles |  | $ | 90 |  |  | $ | 90 |
Lease intangibles |  |  | — |  |  |  | 1,033 |
Customer relationship intangibles |  |  | 2,689 |  |  |  | 2,689 |
Purchased software |  |  | 121 |  |  |  | 808 |
|  |  | 2,900 |  |  |  | 4,620 |
Less: Accumulated amortization |  |  | (1,837 | ) |  |  | (2,421 | )
|  | $ | 1,063 |  |  | $ | 2,199 |
|  | September 30, 2020 |  |  | September 30, 2019 |
Accrued liabilities: |  |  |  |  |  |  |  |
Accrued payroll and bonuses |  | $ | 4,178 |  |  | $ | 3,316 |
Accrued sales and use taxes |  |  | 1,251 |  |  |  | 1,176 |
Accrued property taxes |  |  | 270 |  |  |  | 191 |
Accrued rent |  |  | — |  |  |  | 604 |
Accrued gift card and escheatment liability |  |  | 1,534 |  |  |  | 1,461 |
Accrued interest payable |  |  | 280 |  |  |  | 181 |
Accrued accounts payable and bank overdrafts |  |  | 3,818 |  |  |  | 591 |
Accrued professional fees |  |  | 2,191 |  |  |  | 4,660 |
Customer deposits |  |  | 169 |  |  |  | 240 |
Accrued expenses - other |  |  | 1,131 |  |  |  | 564 |
|  | $ | 14,822 |  |  | $ | 12,984 |
Summary of Warranty Reserve Activity | During 2019, the Company became the principal for certain extended warranties, as a result, warranty reserves are included in accrued liabilities in our consolidated balance sheet. The following table summarizes the warranty reserve activity for the year ended September 30, 2020:
Beginning balance, September 30, 2019 |  | $ | 292 |
Warranties issued/accrued |  |  | — |
Warranty settlements |  |  | (86 | )
Ending balance, September 30, 2020 |  | $ | 206 |
ApplianceSmart Inc |
Schedule of Balance Sheet Detail Information | ApplianceSmart’s balance sheet as of September 30, 2020 is below. The debtor in possession assets and liabilities are primarily related to assets and liabilities incurred pre-petition and are subject to compromise.
Assets |  |  |  |
Cash |  | $ | 134 |
Inventories, net |  |  | 381 |
Prepaid expenses and other current assets |  |  | 5 |
Total debtor in possession assets |  |  | 520 |
Right of use asset - operating leases |  |  | 715 |
Total assets |  | $ | 1,235 |
Liabilities and Stockholders' Equity |  |  |  |
Liabilities: |  |  |  |
Accounts payable |  | $ | 5,943 |
Accrued liabilities |  |  | 3,459 |
Notes payable related parties , including current portion |  |  | 2,826 |
Total debtor in possession liabilities |  |  | 12,228 |
Accounts payable |  |  | 152 |
Accrued liabilities |  |  | 895 |
Lease liability, including current portion |  |  | 738 |
Crossroads Financial Revolver Loan |  |  | 858 |
Taxes payable |  |  | 870 |
Other current obligations |  |  | 14 |
Total liabilities |  |  | 15,755 |
Stockholders' equity: |  |  |  |
Intercompany |  |  | (2,358 | )
Accumulated deficit |  |  | (12,162 | )
Total stockholders' equity |  |  | (14,520 | )
Total liabilities and stockholders' equity |  | $ | 1,235 |
Summary of Statement of Operations | ApplianceSmart’s statement of operations for the period of January 1, 2020 through September 30, 2020 is below:
Revenues |  | $ | 2,748 |
Cost of revenues |  |  | 1,538 |
Gross profit |  |  | 1,210 |
Operating expenses: |  |  |  |
General and administrative expenses |  |  | 1,596 |
Sales and marketing expenses |  |  | 227 |
Total operating expenses |  |  | 1,823 |
Operating loss |  |  | (613 | )
Other (expense) income: |  |  |  |
Interest expense, net |  |  | (160 | )
Gain on lease settlement, net |  |  | 1,514 |
Other expense |  |  | (243 | )
Total other income, net |  |  | 1,111 |
Net income |  | $ | 498 |

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- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249 + Details
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