RESTRICTED CASH |
9 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Cash and Cash Equivalents [Abstract] | |
| RESTRICTED CASH | NOTE 6 – RESTRICTED CASH
A subsidiary of the Company participates in a consortium in order to self-insure group care coverage for its employees. The plan is administrated by Benecon Group and the Company makes monthly deposits in a trust account to cover medical claims and any administrative costs associated with the plan. These funds, as required by the plan, are restricted in nature and amounted to $899,008 at June 30, 2025, and $1,030,606 at September 30, 2024. Additionally, there was $100,000 of restricted cash in escrow per the purchase agreement with Heisey Mechanical, Ltd, as of June 30, 2025 and September 30, 2024, an additional $45,256 and $325,340 in escrow related to bond requirements on certain public projects as of June 30, 2025, and September 30, 2024, respectively, and $68,565 and $66,935 in deposit guarantees as of June 30, 2025, and September 30, 2024, respectively.
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