v3.26.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash and cash equivalents $ 77 $ 491
Restricted cash 1,081 1,553
Receivables, net of allowance for credit losses of $138 and $151, respectively 19,145 16,103
Contract assets 11,844 10,560
Inventories, net 10,066 4,192
Prepaid expenses and other current assets 2,665 2,192
Total current assets 44,878 35,091
Property, plant and equipment, net 19,353 21,794
Operating lease right-of-use assets, net 11,801 12,543
Goodwill 3,493 3,493
Other assets 510 473
Total assets 80,035 73,394
Current liabilities:    
Current maturities of long-term debt, net of unamortized debt issuance costs 2,182 2,592
Revolver 4,845 7,969
Short-term operating lease liabilities 1,018 959
Accounts payable 9,424 5,796
Contract liabilities 3,630 1,784
Accrued liabilities 4,276 3,140
Total current liabilities 25,375 22,240
Long-term finance lease, net of short-term 15 51
Long-term operating lease liabilities, net of short-term 11,458 12,230
Deferred income taxes, net 143 163
Pension liability 916 1,206
Other long-term liabilities 596 619
Commitments and Contingencies (Note 10)
Shareholders’ equity:    
Serial preferred shares, no par value, authorized 1,000 shares; zero shares issued and outstanding at June 30, 2026 and September 30, 2025 0 0
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares 6,254 at June 30, 2026 and 6,180 at September 30, 2025 6,254 6,180
Additional paid-in capital 12,015 11,892
Retained earnings 21,553 17,152
Accumulated other comprehensive income 1,710 1,661
Total shareholders’ equity 41,532 36,885
Total liabilities and shareholders’ equity $ 80,035 $ 73,394