v3.26.1
Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 5,839 $ 7,538
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 229 204
Unrealized gain on marketable securities (1) 0
Change in right-of-use asset and operating lease liability (3) 5
Amortization of note issuance costs 443 246
Deferred income taxes 797 882
Stock-based compensation 959 848
Expense related to previously capitalized management contract costs 310 0
Change in operating assets and liabilities    
Investment fee income receivable (55) 241
Interest income receivable 22 24
Prepaid expenses 135 258
Other accounts receivable (131) (37)
Other assets 2 1
Accrued liabilities and accounts payable (1,173) (284)
Income taxes payable (661) 69
Net cash provided by operating activities 6,712 9,995
Cash flows from investing activities    
Purchases of property and equipment (156) (265)
Payments related to management contracts 0 (186)
Net cash used in investing activities (156) (451)
Cash flows from financing activities    
Principal payments on short-term debt (40,250) 0
Proceeds from shares issued pursuant to the 2024 Dividend Reinvestment and Stock Purchase Plan 11 6
Dividend payments (3,397) (3,153)
Net cash used in financing activities (43,636) (3,147)
Net (decrease) increase in cash and cash equivalents (37,080) 6,397
Cash and cash equivalents at the beginning of the period 72,431 63,922
Cash and cash equivalents at the end of the period 35,351 70,319
Supplemental disclosures of cash flow information    
Cash paid for income taxes 2,206 1,995
Cash paid for interest 1,472 1,472
Dividend reinvestment issued in shares $ 59 $ 58