XML 31 R17.htm IDEA: XBRL DOCUMENT v3.24.4

Note 10 - Long-term Debt

12 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Long-Term Debt [Text Block]

10. Long-term Debt

On March 1, 2021, the Company assumed the outstanding long-term debt obligations of an acquired business and issued a seller note to one of the selling stockholders. The assumed debt obligations and seller note are denominated in Euros.

Long-term debt consists as follows:

		As of September 30,
		2024				2023
Term loan payable, accruing interest at 3-Month EURIBOR plus 1.3% per annum, payable in quarterly installments starting in April 2023 and matures in July 2028.		$	325			$	385
Seller’s note payable (“Seller’s note”), due to one of the selling stockholders, accruing interest at a fixed rate of 4.0% per annum. The Seller’s note is payable over 5 installments and matures in September 2025.			201				317
Total debt			526				702
Less current portion:			(282	)			(267	)
Long-term debt, net of current portion		$	244			$	435

At September 30, 2024, future maturities of long-term debt are as follows:

Fiscal year:
2025		$	282
2026			81
2027			81
2028			82
Total debt		$	526

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

+ Details

Name:	us-gaap_LongTermDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration