Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Sep. 30, 2024
CURRENT ASSETS:    
Cash $ 18,501 $ 20,735
Accounts receivable, less allowances ($133 and $144, respectively) 11,873 12,751
Prepaid expenses and other current assets 889 762
Current assets of discontinued operations 1,209 1,153
Total current assets 32,472 35,401
Property and equipment, net 438 546
Goodwill 24,607 46,008
Intangible assets, net 1,047 834
Deferred tax assets, net 0 9,495
Right-of-use assets 3,035 3,115
Other long-term assets 171 295
Noncurrent assets of discontinued operations 0 208
TOTAL ASSETS 61,770 95,902
CURRENT LIABILITIES:    
Accounts payable 1,876 1,960
Accrued compensation 4,346 5,026
Current operating lease liabilities 1,042 1,090
Current portion of notes payable 196 0
Other current liabilities 590 899
Current liabilities of discontinued operations 313 347
Total current liabilities 8,363 9,322
Deferred taxes, net 288 0
Noncurrent operating lease liabilities 2,240 2,254
Notes payable 196 0
Other long-term liabilities 42 82
Noncurrent liabilities of discontinued operations 0 33
Total liabilities 11,129 11,691
SHAREHOLDERS' EQUITY:    
Common stock, no-par value; authorized - 200,000 shares; 114,900 shares issued and 109,413 shares outstanding at March 31, 2025 and September 30, 2024 113,370 113,129
Accumulated deficit (59,543) (25,732)
Treasury stock; at cost - 5,487 shares at March 31, 2025 and September 30, 2024 (3,186) (3,186)
Total shareholders' equity 50,641 84,211
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 61,770 $ 95,902