Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

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Long-Term Debt (Tables)
9 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt as of June 30, 2024 and September 30, 2023 consisted of the following (in $000's):
June 30, 2024 September 30, 2023
Revolver loans $ 58,769  $ 56,779 
Equipment loans 12,659  15,486 
Term loans 15,045  14,290 
Other notes payable 16,108  15,789 
Total notes payable 102,581  102,344 
Less: unamortized debt issuance costs (508) (557)
Net amount 102,073  101,787 
Less: current portion (42,186) (23,077)
Total long-term debt $ 59,887  $ 78,710 
Seller notes as of June 30, 2024 and September 30, 2023 consisted of the following (in $000’s):
June 30,
2024
September 30,
2023
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028
$ 34,000  $ 34,000 
Seller of PMW, 8.0% interest rate, matures July 2028
2,500  2,500 
Seller of Kinetic, 7.0% interest rate, matures September 2027
3,000  3,000 
Seller of Central Steel, 8.0% interest rate, matures May 2029
1,114  — 
Total Related party seller notes payable 40,614  39,500 
Unamortized debt premium (discount) 1,547  (502)
Net amount 42,161  38,998 
Less current portion (2,500) — 
Long-term portion of Related party seller notes payable $ 39,661  $ 38,998 
Schedule of Future Maturities of Long-term Debt
Future maturities of long-term debt at June 30, 2024, are as follows which does not include related party debt separately stated (in $000's):
Twelve months ending June 30,
2025 $ 42,186 
2026 5,328 
2027 39,412 
2028 4,418 
2029 1,208 
Thereafter 9,521 
Total future maturities of long-term debt $ 102,073 
Future maturities of seller notes at June 30, 2024 are as follows (in $000’s):
Twelve months ending June 30,
2025 $ 2,500 
2026 1,115 
2027 3,000 
2028 35,546 
Total $ 42,161