v3.26.1
Revenues
 6 Months Ended
Mar. 31, 2026
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 March 31, 2026Three Months Ended March 31, 2025
NightclubsBombshellsOtherTotalNightclubsBombshellsOtherTotal
Sales of alcoholic beverages$24,354 $4,463 $— $28,817 $24,575 $4,291 $— $28,866 
Sales of food and merchandise5,657 3,882 — 9,539 5,519 3,892 — 9,411 
Service revenues25,444 4 — 25,448 22,870 42 — 22,912 
Other revenues4,820 10 88 4,918 4,577 4 106 4,687 
$60,275 $8,359 $88 $68,722 $57,541 $8,229 $106 $65,876 
Recognized at a point in time$59,485 $8,359 $88 $67,932 $57,129 $8,228 $106 $65,463 
Recognized over time*790 — — 790 412 1 — 413 
$60,275 $8,359 $88 $68,722 $57,541 $8,229 $106 $65,876 
Six Months Ended March 31, 2026Six Months Ended March 31, 2025
NightclubsBombshellsOtherTotalNightclubsBombshellsOtherTotal
Sales of alcoholic beverages$50,149 $8,807 $— $58,956 $51,610 $9,444 $— $61,054 
Sales of food and merchandise11,593 7,912 — 19,505 11,255 8,262 — 19,517 
Service revenues51,254 5 — 51,259 47,048 45 — 47,093 
Other revenues9,588 16 226 9,830 9,352 65 278 9,695 
$122,584 $16,740 $226 $139,550 $119,265 $17,816 $278 $137,359 
Recognized at a point in time$121,364 $16,740 $226 $138,330 $118,440 $17,814 $278 $136,532 
Recognized over time*1,220 — — 1,220 825 2 — 827 
$122,584 $16,740 $226 $139,550 $119,265 $17,816 $278 $137,359 
* Lease revenue (included in Other Revenues in Nightclubs segment) as covered by ASC 842. All other revenues are covered by ASC 606.
5. 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 receivable, net in our unaudited condensed consolidated balance sheets. A reconciliation of contract liabilities with customers is presented below (in thousands):
Balance at September 30, 2025
Net Consideration
Received/Recognized		Recognized in
Revenue
Balance at March 31, 2026
Ad revenue$45 $203 $(172)$76 
Expo revenue1 225 — 226 
VIP cards— 694 (342)352 
Other31 37 (35)33 
$77 $1,159 $(549)$687 
Contract liabilities with customers are included in accrued liabilities as unearned revenues in our unaudited condensed consolidated balance sheets (see also Note 6), while the revenues associated with these contract liabilities are included in other revenues in our unaudited condensed consolidated statements of income.
In relation to the Illinois BIPA settlement (see Notes 6 and 9), VIP card claims processed during the first quarter of fiscal 2026 amounting to $470,000 were recorded in unearned revenues and subsequently ratably recognized in revenues with no actual cash received.