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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 39,980 $ 15,621
Restricted cash 3,004 3,009
Receivables, net ($1,710 and $4,016 from related party) 5,250 5,263
Expendable parts and supplies, net 29,172 28,272
Assets held for sale 80,723 5,741
Prepaid expenses and other current assets 2,577 3,371
Total current assets 160,706 61,277
Property and equipment, net 203,567 426,351
Lease and equipment deposits 524 1,289
Operating lease right-of-use assets 6,588 7,231
Deferred heavy maintenance, net 5,351 6,396
Assets held for sale   86,605
Other assets 6,829 7,709
Total assets 383,565 596,858
Current liabilities:    
Current portion of long-term debt and finance leases ($4,604 and $20,500 from related party) 143,275 50,455
Current portion of deferred revenue 4,955 3,932
Current maturities of operating leases 1,430 1,681
Accounts payable 60,932 72,096
Accrued compensation 6,705 12,797
Customer deposits 962 1,189
Other accrued expenses 34,819 32,308
Total current liabilities 253,078 174,458
Noncurrent liabilities:    
Long-term debt and finance leases, excluding current portion ($33,414 and $30,630 from related party) 83,786 259,816
Noncurrent operating lease liabilities 6,484 6,863
Deferred credits from related party 2,036 3,020
Deferred income taxes 5,214 8,173
Deferred revenue, net of current portion 10,329 5,707
Other noncurrent liabilities 26,675 28,579
Total noncurrent liabilities 134,524 312,158
Total liabilities 387,602 486,616
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock of no par value and additional paid-in capital, 125,000,000 shares authorized; 41,331,719 (2025) and 41,331,719 (2024) shares issued and outstanding, 4,899,497 (2025) and 4,899,497 (2024) warrants issued and outstanding 272,655 272,376
Accumulated deficit (276,692) (162,134)
Total stockholders' equity (4,037) 110,242
Total liabilities and stockholders' equity $ 383,565 $ 596,858