| Schedule of Long-Term Debt Payable To Related Parties and Future Maturities of Notes To Related Parties |
Long-term debt payable to related parties (see Note 15) as of December 31, 2025 and September 30, 2025 consisted of the following (in $000's):
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
September 30, 2025 |
Isaac Capital Group, LLC revolver, 12.0% interest rate, matures April 2030 |
$ |
11,976 |
|
|
$ |
11,615 |
|
Spriggs Investments, LLC for Flooring Liquidators, 12.0% interest rate, matures July 2026 |
800 |
|
|
800 |
|
Isaac Capital Group, LLC, 12.0% interest rate, matures December 2029 |
2,645 |
|
|
2,645 |
|
Isaac Capital Group, LLC for Flooring Liquidators, 12.0% interest rate, matures January 2028 |
5,000 |
|
|
5,000 |
|
| Total notes payable - related parties |
20,421 |
|
|
20,060 |
|
| Less: unamortized debt discount |
(667) |
|
|
(696) |
|
| Net amount |
19,754 |
|
|
19,364 |
|
| Less: current portion |
(800) |
|
|
(800) |
|
| Total long-term portion, related parties |
$ |
18,954 |
|
|
$ |
18,564 |
|
Future maturities of notes to related parties at December 31, 2025 are as follows (in $000’s):
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|
|
|
|
|
| Twelve months ending December 31, |
|
| 2026 |
$ |
800 |
|
|
|
| 2028 |
4,959 |
|
| 2029 |
2,019 |
|
| 2030 |
11,976 |
|
|
|
| Total future maturities of long-term debt, related parties |
$ |
19,754 |
|
|