Schedule of components of income taxes |
| | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Federal | | | | | | | | | | | | | Current | | $ | — | | $ | 4,634,449 | | $ | — | | $ | 4,909,486 | Deferred | | | 89,756 | | | 63,072 | | | (1,303,205) | | | 320,800 | Total | | | 89,756 | | | 4,697,521 | | | (1,303,205) | | | 5,230,286 | | | | | | | | | | | | | | State | | | | | | | | | | | | | Current | | | 58,613 | | | 1,324,128 | | | 147,788 | | | 1,402,710 | Deferred | | | (10,382) | | | 18,021 | | | (457,301) | | | 91,657 | Total | | | 48,231 | | | 1,342,149 | | | (309,513) | | | 1,494,367 | Total income tax (benefit) expense | | $ | 137,987 | | $ | 6,039,670 | | $ | (1,612,718) | | $ | 6,724,653 |
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Schedule of income tax effects to deferred tax assets and liabilities |
| | | | | | | | | June 30, 2025 | | September 30, 2024 | Deferred tax liabilities | | | | | | | Property and equipment | | $ | 9,543,124 | | $ | 7,437,645 | Other | | | 1,621,785 | | | 1,509,487 | Total deferred tax liabilities | | $ | 11,164,909 | | $ | 8,947,132 | | | | | | | | Deferred income tax assets | | | | | | | Accruals & Other | | $ | 2,908,231 | | $ | 2,325,671 | Net operating loss carry forward-Federal | | | 2,830,323 | | | — | Net operating loss carryforward-States | | | 1,222,123 | | | 663,548 | Net operating loss valuation allowance-States | | | (532,975) | | | (532,975) | Total deferred tax assets | | $ | 6,427,702 | | $ | 2,456,244 | | | | | | | | Total net deferred tax liabilities | | $ | 4,737,207 | | $ | 6,490,888 |
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