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v3.25.1

Related Party Seller Notes (Tables) | 6 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Seller Notes | Long-term debt as of March 31, 2025 and September 30, 2024 consisted of the following (in $000's):
| March 31, 2025 |  | September 30, 2024
Revolver loans | $ | 58,851 |  |  | $ | 60,199 |
Equipment loans | 11,419 |  |  | 13,346 |
Term loans | 9,889 |  |  | 10,465 |
Other notes payable | 15,324 |  |  | 15,227 |
Total notes payable | 95,483 |  |  | 99,237 |
Less: unamortized debt issuance costs | (373) |  |  | (427) |
Net amount | 95,110 |  |  | 98,810 |
Less: current portion | (41,423) |  |  | (43,816) |
Total long-term debt | $ | 53,687 |  |  | $ | 54,994 |
Seller notes as of March 31, 2025 and September 30, 2024 consisted of the following (in $000’s):
| March 31, 2025 |  | September 30, 2024
Related Party Seller Notes |  |  |
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, 7.0% interest rate, matures May 2029 | 1,100 |  |  | 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 Related Party Seller Notes | 19,100 |  |  | 40,600 |
Unamortized debt premium (discount) | (957) |  |  | 2,261 |
Net amount | 18,143 |  |  | 42,861 |
Less current portion | — |  |  | (2,500) |
Long-term portion of seller notes payable | $ | 18,143 |  |  | $ | 40,361 |
Schedule of Future Maturities of Long-Term Debt | Future maturities of long-term debt at March 31, 2025, are as follows which does not include related party debt separately stated (in $000's):
Twelve months ending March 31, |
2026 | $ | 41,423 |
2027 | 38,553 |
2028 | 3,678 |
2029 | 1,642 |
2030 | 1,606 |
Thereafter | 8,208 |
Total future maturities of long-term debt | $ | 95,110 |
Future maturities of seller notes at March 31, 2025 are as follows (in $000’s):
Twelve months ending March 31, |
2027 | $ | 3,000 |
2028 | 14,043 |
2029 | 1,100 |
Total | $ | 18,143 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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