v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Mar. 31, 2026
GOODWILL AND INTANGIBLE ASSETS  
Summary of changes in goodwill

  ​ ​ ​

March 31, 2026

  ​ ​ ​

September 30, 2025

Beginning balance

$

9,865,804

$

4,087,554

Acquired

 

 

5,778,250

Ending balance

$

9,865,804

$

9,865,804

Schedule of intangible assets subject to amortization

Accumulated

Accumulated

Amortization

Amortization

Amortization

Amortization

Remaining Life

Amortization and

Amortization and 

and Impairment

and Impairment

and Impairment

and Impairment

(in months) at

 Impairment at 

Impairment at

Three Months

Three Months

Six Months

Six Months

Net Book Value

 

Net Book Value

March 31, 

March 31, 

September 30,

Ended March 31,

Ended March 31,

Ended March 31,

Ended March 31,

at March 31,

at September 30,

  ​ ​ ​

2026

  ​ ​ ​

Original Cost

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Intangible assets:

West Virginia Pipeline:

  ​

  ​

  ​

  ​

  ​

 

Customer relationships

57

$

2,209,724

1,160,100

$

1,049,610

55,245

55,245

110,490

110,490

$

1,049,624

 

$

1,160,114

Tradename

57

263,584

138,391

125,215

6,588

6,588

13,176

13,176

125,193

 

138,369

Non-competes

 

 

83,203

 

83,203

 

83,203

 

 

Heritage Painting

Customer relationships

39

121,100

42,378

30,270

6,054

6,054

12,108

12,108

78,722

90,830

Tri-State Paving:

Customer relationships

73

1,649,159

645,921

563,463

41,229

41,229

82,458

82,458

1,003,238

1,085,696

Tradename

73

203,213

79,592

69,431

5,081

5,080

10,161

10,160

123,621

133,782

Non-competes

39,960

39,960

39,960

Tribute Contracting & Consultants

Non-compete 1

104

520,000

69,331

43,333

12,999

12,501

25,998

16,668

450,669

476,667

Non-compete 2

80

10,000

1,666

1,042

312

624

8,334

8,958

Tradename

44

80,000

21,331

13,333

3,999

37,500

7,998

50,000

58,669

66,667

Backlog

8

1,320,000

880,000

550,000

104,230

330,000

440,000

770,000

Rigney Digital Systems

Tradename

126

657,100

29,868

14,934

29,868

627,232

657,100

Backlog

18

260,600

65,148

32,574

65,148

195,452

260,600

Non-compete

114

46,300

2,316

1,158

2,316

43,984

46,300

Total intangible assets

$

7,463,943

$

3,259,205

$

2,568,860

$

284,403

$

164,197

$

690,345

$

295,060

$

4,204,738

$

4,895,083

Intangible asset class

  ​ ​ ​

Remaining Years

Customer relationships

5.3

Tradename

 

8.7

Non-competes

 

8.7

Backlog

 

0.9

All intangible assets

 

5.8

Schedule of amortization on identifiable intangible assets

April 2026 to March 2027

  ​ ​ ​

$

1,160,684

April 2027 to March 2028

 

655,544

April 2028 to March 2029

 

590,388

April 2029 to March 2030

 

566,883

April 2030 to March 2031

 

488,381

After

 

742,858

Total

$

4,204,738