Quarterly report pursuant to Section 13 or 15(d)

Notes Payable, Related Parties (Tables)

v3.23.2
Notes Payable, Related Parties (Tables)
9 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Related Parties
Long-term debt payable to related parties (see Note 16) as of June 30, 2023 and September 30, 2022 consisted of the following (in $000's):
June 30, 2023 September 30, 2022
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  — 
Isaac Capital Group, LLC revolver, 12% interest rate, matures April 2024
1,000  — 
Isaac Capital Group, LLC for Flooring Liquidators, 12% interest rate, matures January 2028
5,000  — 
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028
34,000  — 
Seller of Kinetic, 7.% interest rate, matures September 2027
3,000  3,000 
Total notes payable - related parties 48,000  7,000 
Less: unamortized debt issuance costs (2,227) — 
Net amount 45,773  7,000 
Less: current portion (1,000) (2,000)
Total long-term portion, related parties $ 44,773  $ 5,000 
Schedule of Future Maturities of Notes
Twelve months ending June 30,
2024 $ 1,000 
2025 3,000 
2026 2,000 
Thereafter 42,000 
Total future maturities of long-term debt, related parties $ 48,000