Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Sep. 30, 2023
CURRENT ASSETS:    
Cash $ 20,828 $ 22,471
Accounts receivable, less allowances ($568 and $562, respectively) 13,747 18,451
Prepaid expenses and other current assets 825 847
Total current assets 35,400 41,769
Property and equipment, net 559 846
Goodwill 46,008 61,293
Intangible assets, net 834 8,406
Deferred tax assets, net 9,495 7,064
Right-of-use assets 3,252 3,637
Other long-term assets 353 596
TOTAL ASSETS 95,901 123,611
CURRENT LIABILITIES:    
Accounts payable 1,987 2,762
Accrued compensation 5,223 5,464
Current operating lease liabilities 1,195 1,475
Other current liabilities 916 1,778
Total current liabilities 9,321 11,479
Noncurrent operating lease liabilities 2,287 2,470
Other long-term liabilities 82 361
Total liabilities 11,690 14,310
SHAREHOLDERS' EQUITY:    
Common stock, no-par value; authorized - 200,000 shares; 114,900 shares issued and 109,413 shares outstanding at September 30, 2024 and 114,900 shares issued and 111,488 shares outstanding at September 30, 2023 113,129 112,915
Accumulated deficit (25,732) (1,630)
Treasury stock; at cost - 5,487 shares at September 30, 2024 and 3,412 shares at September 30, 2023 (3,186) (1,984)
Total shareholders' equity 84,211 109,301
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 95,901 $ 123,611