v3.25.4
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Sep. 30, 2025
Current assets:    
Cash and cash equivalents $ 1,106 $ 491
Restricted cash 1,081 1,553
Receivables, net of allowance for credit losses of $128 and $151, respectively 15,634 16,103
Contract assets 11,045 10,560
Inventories, net 6,561 4,192
Prepaid expenses and other current assets 2,338 2,192
Total current assets 37,765 35,091
Property, plant and equipment, net 20,896 21,794
Operating lease right-of-use assets, net 12,299 12,543
Goodwill 3,493 3,493
Other assets 488 473
Total assets 74,941 73,394
Current liabilities:    
Current maturities of long-term debt, net of unamortized debt issuance costs 2,461 2,592
Revolver 386 7,969
Short-term operating lease liabilities 978 959
Accounts payable 7,296 5,796
Contract liabilities 7,486 1,784
Accrued liabilities 3,386 3,140
Total current liabilities 21,993 22,240
Long-term finance lease, net of short-term 39 51
Long-term operating lease liabilities, net of short-term 11,977 12,230
Deferred income taxes, net 519 163
Pension liability 1,104 1,206
Other long-term liabilities 611 619
Commitments and Contingencies (Note 10)
Shareholders’ equity:    
Serial preferred shares, no par value, authorized 1,000 shares; zero shares issued and outstanding at December 31, 2025 and September 30, 2025 0 0
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares 6,215 at December 31, 2025 and 6,180 at September 30, 2025 6,215 6,180
Additional paid-in capital 11,863 11,892
Retained earnings 18,942 17,152
Accumulated other comprehensive income 1,678 1,661
Total shareholders’ equity 38,698 36,885
Total liabilities and shareholders’ equity $ 74,941 $ 73,394