Balance Sheet

v3.25.0.1

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Current Assets
Cash and cash equivalents	$ 13,214	$ 11,086
Accounts receivable (less allowance for credit losses of $117 and $103 at December 31, 2024 and September 30, 2024, respectively)	20,822	21,989
Inventories	25,611	26,867
Income taxes receivable	95	132
Other current assets	4,525	4,302
Total current assets	64,267	64,376
Property, Plant and Equipment - Net	11,076	11,647
Right-of-Use Assets - Net	15,978	16,596
Intangible Assets - Net	3,876	4,004
Goodwill	21,261	21,261
Deferred Income Taxes - Net	185	185
Other Assets	1,133	884
Total Assets	117,776	118,953
Current Liabilities
Accounts payable	6,888	5,356
Accrued compensation and related taxes	2,254	2,057
Accrued warranty expense	513	602
Other accrued liabilities	447	477
Current maturities of finance lease liabilities and long-term debt	102	101
Current portion of long-term operating lease liabilities	2,098	2,041
Contract liabilities	6,658	8,965
Total current liabilities	18,960	19,599
Finance Lease Liabilities and Long-Term Debt	161	189
Long-Term Operating Lease Liabilities	14,666	15,240
Income Taxes Payable	1,488	1,510
Other Long-Term Liabilities	59	57
Total Liabilities	35,334	36,595
Commitments and Contingencies (Note 9)
Shareholders’ Equity
Preferred stock; 100,000,000 shares authorized; none issued
Common stock; $0.01 par value; 100,000,000 shares authorized; shares issued and outstanding: 14,289,066 and 14,258,879 at December 31, 2024 and September 30, 2024, respectively	143	143
Additional paid-in capital	128,949	128,466
Accumulated other comprehensive loss	(1,431)	(720)
Retained deficit	(45,219)	(45,531)
Total Shareholders' Equity	82,442	82,358
Total Liabilities and Shareholders’ Equity	$ 117,776	$ 118,953

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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