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Long-Term Debt (Tables)
 12 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt as of September 30, 2025 and 2024 consisted of the following (in $000’s):
September 30,
2025		September 30,
2024
Revolver loans$48,713 $60,199 
Equipment loans9,617 13,346 
Term loans8,749 10,465 
Other long-term debt
11,509 15,227 
Total long-term debt
78,588 99,237 
Less: unamortized debt issuance costs(426)(427)
Net amount78,162 98,810 
Less: current portion(36,282)(43,816)
Total long-term debt, net of current portion
$41,880 $54,994 
Seller notes as of September 30, 2025 and 2024 consisted of the following (in $000’s):
September 30,
2025		September 30,
2024
Seller of PMW, 8.0% interest rate, matures July 2028
$— $2,500 
Seller of Kinetic, 7.0% interest rate, matures September 2027
3,000 3,000 
Seller of Central Steel, 8.0% interest rate, matures May 2029
1,031 1,100 
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028
— 34,000 
Seller of Flooring Liquidators, 8.24% interest rate, matures February 2028
15,000 — 
Total Seller notes payable - related parties19,031 40,600 
Unamortized debt premium (discount)(811)2,261 
Net amount18,220 42,861 
Less current portion(275)(2,500)
Long-term portion of Seller notes - related parties$17,945 $40,361 
Schedule of Future Maturities of Long-term Debt
Future maturities of long-term debt at September 30, 2025 are as follows excluding related party debt (in $000’s):
Years ending September 30,
2026$36,282 
202730,147 
20281,179 
20291,214 
20301,061 
Thereafter8,279 
Total$78,162 
Future maturities of seller notes at September 30, 2025 are as follows (in $000’s):
Years ending September 30,
2026$275 
20273,275 
202814,464 
2029206 
Total$18,220 
Schedule of Fixed Coverage Ratio
Level
Fixed Charge Coverage Ratio
Term SOFR Revolver Loan Base Rate
Revolver Loan
I
<1.20 to 1.00
2.50%
1.50%
II
>1.20 to 1.00 but <1.50 to 1.00
2.25%
1.25%
III
>1.50 to 1.00 but <1.75 to 1.00
2.00%
1.00%
IV
>1.75 to 1.00
1.75%
0.75%
Schedule of Bank Revolver
The following tables summarize the BofA Revolver for the years ended and as of September 30, 2025 and 2024, respectively (in $000’s):
During the year ended September 30,
20252024
Cumulative borrowing during the period$119,175 $140,810 
Cumulative repayment during the period124,980 129,298 
Maximum borrowed during the period22,869 18,776 
Weighted average interest for the period6.87%7.87%
As of September 30,
20252024
Total availability$11,052 $7,298 
Total outstanding11,809 17,614 
The following tables summarize the Precision Marshall Fifth Third Bank Revolver Loan as of and for the years ended September 30, 2025 and 2024 (in $000’s):
During the year ended September 30,
20252024
Cumulative borrowing during the period$85,621 $66,134 
Cumulative repayment during the period83,954 71,017 
Maximum borrowed during the period1,200 1,700 
Weighted average interest for the period7.37%8.46%
As of September 30,
20252024
Total availability$6,767 $6,508 
Total outstanding22,986 21,319 
The following tables summarize the Eclipse Revolver as of and for the years ended September 30, 2025 and 2024 (in $000's):
During the year ended September 30,
20252024
Cumulative borrowing during the period$130,564 $138,632 
Cumulative repayment during the period133,141 137,587 
Maximum borrowed during the period10,656 10,700 
Weighted average interest for the period10.67%11.72%
As of September 30,
20252024
Total availability$1,178 $960 
Total outstanding6,700 9,276 
The following tables summarize the PMW Fifth-Third Bank Revolver as of and for the years ended September 30, 2025 and 2024 (in $000's):
During the year ended September 30,
20252024
Cumulative borrowing during the period$52,999 $72,501 
Cumulative repayment during the period55,891 73,364 
Maximum borrowed during the period11,164 13,318 
Weighted average interest for the period7.75%8.50%
As of September 30,
20252024
Total availability$728 $1,078 
Total outstanding7,220 10,112 
The following tables summarize the Bank Midwest Revolver as of and for the years ended September 30, 2025 and 2024 (in $000's):
During the year ended September 30,
20252024
Cumulative borrowing during the period$6,846 $32,560 
Cumulative repayment during the period$8,724 $30,682 
Maximum borrowed during the period$4,106 $9,778 
Weighted average interest for the period6.77%7.70%
As of September 30,
20252024
Total availability$9,186 $10,423 
Total outstanding$— $1,878