v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Current Assets:    
Cash and cash equivalents $ 33,697 $ 10,962
Restricted cash 0 1,078
Accounts receivable, net of allowance for credit losses of $1,235 and $367, respectively 58,426 66,489
Inventory, net 6,004 4,207
Prepaid expenses and other current assets 6,032 6,095
Total current assets 104,159 88,831
Property and Equipment, net 5,663 5,971
Other Assets:    
Intangible assets, net 37,374 30,998
Goodwill 31,592 31,592
Deferred tax assets, net 5,372 0
Restricted investments 250 250
Investment in marketable securities at fair value 427 4,664
Operating lease right of use asset 6,580 7,760
Security deposits and other long-term assets 583 687
Total other assets 82,178 75,951
Total assets 192,000 170,753
Current Liabilities:    
Line of credit 13,929 3,801
Accounts payable – trade 69,321 98,244
Tariff refunds payable 32,030 0
Duties and taxes payable 4,622 4,323
Accrued expenses and other current liabilities 6,474 5,853
Dividends payable 1,024 1,649
Current portion of contingent earnout 417 2,592
Current portion of long-term debt 685 911
Current portion of subordinated promissory notes-related party $ 1,174 $ 1,174
Notes Payable Current Related Party Type Extensible [Enumeration] Related Party [Member] Related Party [Member]
Current portion of operating lease liabilities $ 2,229 $ 2,114
Total current liabilities 131,905 120,661
Other Liabilities:    
Long-term portion of long-term debt 7,047 7,166
Revolving credit facility 9,668 0
Long-term portion of contingent earnout 1,118 55
Long-term portion of subordinated promissory notes-related party $ 1,031 $ 1,766
Notes Payable Noncurrent Related Party Type Extensible [Enumeration] Related Party [Member] Related Party [Member]
Mandatorily redeemable non-controlling interest $ 2,722 $ 4,161
Deferred tax liabilities, net 0 4,547
Long-term portion of operating lease liabilities 5,002 6,310
Other liabilities 263 285
Total other liabilities 26,851 24,290
Total liabilities 158,756 144,951
Stockholders' Equity:    
Preferred stock 0 0
Common stock, $0.001 par value; 4,500,000 shares authorized, 1,206,354 issued and 1,186,354 outstanding as of both June 30, 2026 and September 30, 2025 1 1
Paid-in capital 15,913 17,730
Common treasury stock, at cost, 20,000 shares as of both June 30, 2026 and September 30, 2025 (240) (240)
Accumulated earnings 11,544 8,311
Total Janel Corporation stockholders’ equity 27,218 25,802
Noncontrolling interests 6,026 0
Total stockholders' equity 33,244 25,802
Total liabilities and stockholders' equity 192,000 170,753
Series C [Member]    
Current Liabilities:    
Dividends payable 1,024 1,649
Stockholders' Equity:    
Preferred stock $ 0 $ 0