v3.25.2
Revenues
 9 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Revenues, as disaggregated by revenue type, timing of recognition, and reportable segment (see also Note 4), are shown below (in thousands):
Three Months Ended June 30, 2025Three Months Ended June 30, 2024
NightclubsBombshellsOtherTotalNightclubsBombshellsOtherTotal
Sales of alcoholic beverages$26,338 $4,442 $— $30,780 $27,413 $7,029 $— $34,442 
Sales of food and merchandise5,914 4,123 — 10,037 5,904 5,832 — 11,736 
Service revenues25,166 3 — 25,169 25,103 165 — 25,268 
Other revenues4,918 41 200 5,159 4,403 113 218 4,734 
$62,336 $8,609 $200 $71,145 $62,823 $13,139 $218 $76,180 
Recognized at a point in time$61,524 $8,573 $200 $70,297 $62,411 $13,137 $218 $75,766 
Recognized over time812 *36 — 848 412 *2 — 414 
$62,336 $8,609 $200 $71,145 $62,823 $13,139 $218 $76,180 
Nine Months Ended June 30, 2025Nine Months Ended June 30, 2024
NightclubsBombshellsOtherTotalNightclubsBombshellsOtherTotal
Sales of alcoholic beverages$77,948 $13,886 $— $91,834 $79,595 $21,070 $— $100,665 
Sales of food and merchandise17,169 12,385 — 29,554 16,490 17,116 — 33,606 
Service revenues72,214 48 — 72,262 73,784 167 — 73,951 
Other revenues14,270 106 478 14,854 13,359 288 501 14,148 
$181,601 $26,425 $478 $208,504 $183,228 $38,641 $501 $222,370 
Recognized at a point in time$179,964 $26,387 $478 $206,829 $181,960 $38,637 $501 $221,098 
Recognized over time1,637 *38 — 1,675 1,268 *4 — 1,272 
$181,601 $26,425 $478 $208,504 $183,228 $38,641 $501 $222,370 
* Lease revenue (included in Other Revenues) as covered by ASC 842. All other revenues are covered by ASC 606.
3. Revenues—continued
The Company does not have contract assets with customers. The Company’s unconditional right to consideration for goods and services transferred to the customer is included in accounts receivable, net in our unaudited condensed consolidated balance sheet. A reconciliation of contract liabilities with customers is presented below (in thousands):
Balance at September 30, 2024
Net Consideration
Received
Recognized in
Revenue
Balance at June 30, 2025
Ad revenue$31 $344 $(297)$78 
Expo revenue1 342 — 343 
Franchise fees and other67 372 (409)30 
$99 $1,058 $(706)$451 
Contract liabilities with customers are included in accrued liabilities as unearned revenues in our unaudited condensed consolidated balance sheets (see also Note 5), while the revenues associated with these contract liabilities are included in other revenues in our unaudited condensed consolidated statements of income. Certain VIP cards to be issued as part of a settlement agreement (see Note 9) will be reclassified to unearned revenues upon issuance of the VIP cards.