Quarterly report pursuant to Section 13 or 15(d)

Notes Payable, Related Parties

v3.24.0.1
Notes Payable, Related Parties
3 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Notes Payable, Related Parties Notes Payable-Related Parties
Long-term debt payable to related parties (see Note 16) as of December 31, 2023 and September 30, 2023 consisted of the following (in $000's):
December 31, 2023 September 30, 2023
Isaac Capital Group, LLC, 12.5% interest rate, matures May 2025
$ 2,000  $ 2,000 
Spriggs Investments, LLC, 10% interest rate, matures July 2024
2,000  2,000 
Spriggs Investments, LLC for Flooring Liquidators, 12% interest rate, matures July 2024
1,000  1,000 
Isaac Capital Group, LLC revolver, 12% interest rate, matures April 2024
1,000  1,000 
Isaac Capital Group, LLC for Flooring Liquidators, 12% interest rate, matures January 2028
5,000  5,000 
Total notes payable - related parties 11,000  11,000 
Less: unamortized debt issuance costs (81) (86)
Net amount 10,919  10,914 
Less: current portion (4,000) (4,000)
Total long-term portion, related parties $ 6,919  $ 6,914 
Twelve months ending December 31,
2024 $ 4,000 
2025 2,000 
2028 5,000 
Total future maturities of long-term debt, related parties $ 11,000