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

Discontinued Operations (Tables)

v3.25.3
Discontinued Operations (Tables)
 12 Months Ended
Sep. 30, 2025
Discontinued Operations  
Schedule of assets and liabilities of discontinued operations

 

 

September 30,

2025

 

 

September 30,

2024

 
Assets of discontinued operations:

 

 

 

 

Cash

 

 $ -

 

 

 $ 93

 

Accounts receivable, net

 

 

 -

 

 

 

 996

 

Prepaid expenses and other current assets

 

 

 -

 

 

 

 64

 

Property and equipment, net

 

 

 -

 

 

 

 13

 

Right-of-use assets

 

 

 -

 

 

 

 138

 

Deferred tax assets, net

 

 

 -

 

 

 

 131

 

Other long-term assets

 

 

 -

 

 

 

 57

 

Total assets of discontinued operations

 

 $ -

 

 

 $ 1,492

 

 

 

 

 

 

 

 

 

 
Liabilities of discontinued operations:

 

 

 

 

 

 

 

 

Accounts payable

 

 $ -

 

 

 $ 27

 

Accrued compensation

 

 

 -

 

 

 

 197

 

Current operating lease liabilities

 

 

 -

 

 

 

 105

 

Other current liabilities

 

 

 -

 

 

 

 18

 

Noncurrent operating lease liabilities

 

 

 -

 

 

 

 33

 

Total liabilities of discontinued operations

 

 $ -

 

 

 $ 380

 
Schedule of net loss from discontinued operations

 

 

Year Ended September 30,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 
Revenue

 

 $ 4,609

 

 

 $ 9,547

 
Expenses:

 

 

 

 

 

 

 

 

Cost of contract services

 

 

 3,525

 

 

 

 8,043

 

Selling, general and administrative expenses

 

 

 1,290

 

 

 

 1,736

 

Depreciation expense

 

 

 4

 

 

 

 40

 

Goodwill impairment charge

 

 

 -

 

 

 

 1,084

 

Interest expense

 

 

 -

 

 

 

 7

 
Loss from discontinued operations before gain on sale and income taxes

 

 

 (210 )

 

 

 (1,363 )

Gain on sale of Industrial Segment

 

 

 133

 

 

 

 -

 

Provision for income tax expense attributable to discontinued operations

 

 

 (16 )

 

 

 (64 )
Loss from discontinued operations, net of tax

 

 $ (93 )

 

 $ (1,427 )