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Subsequent Events
9 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On August 1, 2024, the Company's Board of Directors approved, and management executed, a Share Purchase Agreement ("SPA") with TB2 S.r.l. ("Buyer"), under which the Buyer agreed to acquire 100% of the share capital of the Company’s Maniago, Italy location (C Blade S.p.A. Forging & Manufacturing). The SPA, among other things, is contingent upon meeting customary conditions, delivering required documents, and obtaining governmental authorization under the Golden Power rules of Italian law. Additionally, the SPA is subject to a Material Adverse Condition (“MAC”) clause. The Company committed to the plan to sell in August 2024, and the Maniago location is considered as held and used as of June 30, 2024.

The Company expects to consummate the sale in the fourth quarter of fiscal 2024, however, the Company cannot provide assurances that all closing conditions will be satisfied. Maniago's total assets were $23,657 and total liabilities were $16,498 on the consolidated condensed balance sheets at June 30, 2024.