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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Sep. 30, 2023
Current assets:    
Cash and cash equivalents $ 15,621 $ 32,940
Restricted cash 3,009 3,132
Receivables, net ($1,883 and $4,016 from related party) 5,263 8,253
Expendable parts and supplies, net 28,272 29,245
Assets held for sale 5,741 57,722
Prepaid expenses and other current assets 3,371 7,294
Total current assets 61,277 138,586
Property and equipment, net 426,351 698,022
Lease and equipment deposits 1,289 1,630
Operating lease right-of-use assets 7,231 9,709
Deferred heavy maintenance, net 6,396 7,974
Assets held for sale 86,605 12,000
Other assets 7,709 30,546
Total assets 596,858 898,467
Current liabilities:    
Current portion of long-term debt and finance leases ($6,604 and $20,500 from related party) 50,455 163,550
Current portion of deferred revenue 3,932 4,880
Current maturities of operating leases 1,681 3,510
Accounts payable 72,096 58,957
Accrued compensation 12,797 10,008
Customer deposits 1,189  
Other accrued expenses 32,308 27,001
Total current liabilities 174,458 267,906
Noncurrent liabilities:    
Long-term debt and finance leases, excluding current portion ($30,914 and $30,630 from related party) 259,816 364,728
Noncurrent operating lease liabilities 6,863 8,077
Deferred credits from related party 3,020 4,617
Deferred income taxes 8,173 8,414
Deferred revenue, net of current portion 5,707 16,167
Other noncurrent liabilities 28,579 28,522
Total noncurrent liabilities 312,158 430,525
Total liabilities 486,616 698,431
Commitments and contingencies (Note 16)
Stockholders' equity:    
Common stock of no par value and additional paid-in capital, 125,000,000 shares authorized; 41,331,719 (2024) and 40,940,326 (2023) shares issued and outstanding, 4,899,497 (2024) and 4,899,497 (2023) warrants issued and outstanding 272,376 271,155
Accumulated deficit (162,134) (71,119)
Total stockholders' equity 110,242 200,036
Total liabilities and stockholders' equity $ 596,858 $ 898,467