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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Sep. 30, 2023
Current assets:    
Cash and cash equivalents $ 16,302 $ 32,940
Restricted cash 2,983 3,132
Marketable securities 5,442  
Receivables, net ($1,710 and $4,016 from related party) 5,953 8,253
Expendable parts and supplies, net 30,652 29,245
Assets held for sale 20,151 57,722
Prepaid expenses and other current assets 3,425 7,294
Total current assets 84,908 138,586
Property and equipment, net 497,914 698,022
Lease and equipment deposits 1,289 1,630
Operating lease right-of-use assets 7,247 9,709
Deferred heavy maintenance, net 7,209 7,974
Assets held for sale 57,229 12,000
Other assets 8,569 30,546
Total assets 664,365 898,467
Current liabilities:    
Current portion of long-term debt and finance leases ($4,604 and $20,500 from related party) 72,769 163,550
Current portion of deferred revenue 4,443 4,880
Current maturities of operating leases 2,212 3,510
Accounts payable 64,409 58,957
Accrued compensation 11,180 10,008
Other accrued expenses 32,481 27,001
Total current liabilities 187,494 267,906
Noncurrent liabilities:    
Long-term debt and finance leases, excluding current portion ($33,414 and $30,630 from related party) 287,749 364,728
Noncurrent operating lease liabilities 6,412 8,077
Deferred credits from related party 3,275 4,617
Deferred income taxes 8,059 8,414
Deferred revenue, net of current portion 7,963 16,167
Other noncurrent liabilities 28,526 28,522
Total noncurrent liabilities 341,984 430,525
Total liabilities 529,478 698,431
Commitments and contingencies (Note 15)
Stockholders' equity:    
Common stock of no par value and additional paid-in capital, 125,000,000 shares authorized; 41,312,204 (2024) and 40,940,326 (2023) shares issued and outstanding, 4,899,497 (2024) and 4,899,497 (2023) warrants issued and outstanding 272,104 271,155
Accumulated deficit (137,217) (71,119)
Total stockholders' equity 134,887 200,036
Total liabilities and stockholders' equity $ 664,365 $ 898,467