Annual report [Section 13 and 15(d), not S-K Item 405]

Segment Reporting (Tables)

v3.25.3
Segment Reporting (Tables)
 12 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Information The CODM does not review any measures of significant segment expenses beyond those reflected in the tables below:
Year ended September 30, 2025 Retail-Entertainment Retail-Flooring Flooring Manufacturing Steel Manufacturing Total Reportable Segments Corporate and Other Intercompany eliminations Total
Revenue
 $ 77,519  $ 122,308  $ 121,574  $ 132,593  $ 453,994  $ 78  $ (9,128) $ 444,944 
Cost of revenue
 32,638  79,596  90,784  105,043  308,061  14  (8,820) 299,255 
Gross profit
 44,881  42,712  30,790  27,550  145,933  64  (308) 145,689 
Gross profit percentage
 57.9% 34.9% 25.3% 20.8% 32.1% 32.7%
Operating expenses:
General and administrative expenses
 33,551  50,012  7,903  18,475  109,941  4,280  (479) 113,742 
Sales and marketing expenses
 664  414  15,675  536  17,289  23  —  17,312 
Total operating expenses
 34,215  50,426  23,578  19,011  127,230  4,303  (479) 131,054 
Operating income 10,666  (7,714) 7,212  8,539  18,703  (4,239) 171  $ 14,635 
Other income (expense):
Interest expense, net (39) (4,245) (4,336) (5,457) (14,077) (1,474) —  (15,551)
Other income, net 534  24,883  87  3,398  28,902  417  —  29,319 
Total income (expense), net 495  20,638  (4,249) (2,059) 14,825  (1,057) —  13,768 
Income (loss) before income taxes $ 11,161  $ 12,924  $ 2,963  $ 6,480  $ 33,528  $ (5,296) $ 171  $ 28,403 
Adjusted EBITDA Retail-Entertainment Retail-Flooring Flooring Manufacturing Steel Manufacturing Total Reportable Segments Corporate and Other Intercompany Eliminations Total
Income (loss) before income taxes $ 11,161  $ 12,924  $ 2,963  $ 6,480  $ 33,528  $ (5,296) $ 171  $ 28,403 
Interest expense, net 39  4,245  4,336  5,457  14,077  1,474  —  15,551 
Depreciation and amortization 1,033  5,255  3,756  7,211  17,255  19  —  17,274 
Gain on note modification —  (22,784) —  —  (22,784) —  —  (22,784)
Other adjustments (356) (1,742) —  (2,957) (5,055) 1  —  (5,054)
Adjusted EBITDA $ 11,877  $ (2,102) $ 11,055  $ 16,191  $ 37,021  $ (3,802) $ 171  $ 33,390 
Year ended September 30, 2024 Retail-Entertainment Retail-Flooring Flooring Manufacturing Steel Manufacturing Total Reportable Segments Corporate and Other Intercompany Eliminations Total
Revenue
 $ 71,023  $ 136,989  $ 133,026  $ 139,768  $ 480,806  $ 333  $ (8,299) $ 472,840 
Cost of revenue
 30,094  87,812  100,710  117,683  336,299  24  (8,307) 328,016 
Gross profit
 40,929  49,177  32,316  22,085  144,507  309  8  144,824 
Gross profit percentage
 57.6% 35.9% 24.3% 15.8% 30.1% 30.6%
Operating expenses:
General and administrative expenses
 33,091  52,841  6,852  16,844  109,628  8,412  —  118,040 
Sales and marketing expenses
 661  3,800  17,259  630  22,350  22  —  22,372 
Impairment expense —  18,056  —  —  18,056  —  —  18,056 
Total operating expenses
 33,752  74,697  24,111  17,474  150,034  8,434  —  158,468 
Operating income 7,177  (25,520) 8,205  4,611  (5,527) (8,125) 8  $ (13,644)
Other income (expense):
Interest expense, net (299) (5,075) (4,260) (6,341) (15,975) (872) —  (16,847)
Other income (expense) 103  (314) 102  (1,184) (1,293) 441  —  (852)
Total income (expense), net (196) (5,389) (4,158) (7,525) (17,268) (431) —  (17,699)
Income (loss) before income taxes $ 6,981  $ (30,909) $ 4,047  $ (2,914) $ (22,795) $ (8,556) $ 8  $ (31,343)
Adjusted EBITDA Retail-Entertainment Retail-Flooring Flooring Manufacturing Steel Manufacturing Total Reportable Segments Corporate and Other Intercompany Eliminations Total
Income (loss) before income taxes $ 6,981  $ (30,909) $ 4,047  $ (2,914) $ (22,795) $ (8,556) $ 8  $ (31,343)
Interest expense, net 299  5,075  4,260  6,341  15,975  872  —  16,847 
Depreciation and amortization 945  5,228  4,126  6,897  17,196  19  —  17,215 
Goodwill impairment —  18,056  —  —  18,056  —  —  18,056 
Other adjustments 183  942  —  2,142  3,267  455  —  3,722 
Adjusted EBITDA $ 8,408  $ (1,608) $ 12,433  $ 12,466  $ 31,699  $ (7,210) $ 8  $ 24,497