$264.97M
Revenue
$-10.67M
Net Income
72.38%
Gross Margin
-1.22%
Op. Margin
$45.16M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
|---|---|---|---|
| Total Revenue | $264.97M | $245.36M | $245.91M |
| Revenue Growth % | 8.0% | -0.2% | nan% |
| Cost of Revenue | $73.19M | $68.18M | $68.92M |
| Gross Profit | $191.78M | $177.18M | $176.99M |
| Gross Margin % | 72.4% | 72.2% | 72.0% |
| Operating Income | $-3.25M | $-3.82M | $1.11M |
| Operating Margin % | -1.2% | -1.6% | 0.5% |
| Interest Expense | $10.74M | $5.91M | $6.83M |
| Interest Income | $374.00K | $467.00K | $787.00K |
| Income Before Tax | $-9.97M | $-10.34M | $-6.65M |
| Income Tax Expense | $237.00K | $241.00K | $109.00K |
| Net Income | $-10.67M | $-10.70M | $-6.76M |
| Net Margin % | -4.0% | -4.4% | -2.8% |
| Basic EPS | -0.23 | -0.24 | -0.16 |
| Diluted EPS | -0.23 | -0.24 | -0.16 |
| Basic Shares Outstanding | 44K | 43K | 43K |
| Diluted Shares Outstanding | 44K | 43K | 43K |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $12.92M | $16.17M |
| Accounts Receivable | $34.70M | $29.12M |
| Inventory | $25.64M | $20.85M |
| Other Current Assets | $5.10M | $6.91M |
| Total Current Assets | $78.35M | $73.05M |
| Property Plant & Equipment | $46.06M | $37.38M |
| Goodwill | $61.56M | $50.73M |
| Intangible Assets | $77.56M | $67.95M |
| Other Non-current Assets | $384.00K | $337.00K |
| Total Assets | $283.29M | $247.25M |
| Total Current Liabilities | $74.71M | $60.85M |
| Deferred Tax Liabilities | $287.00K | $202.00K |
| Total Liabilities | $171.19M | $140.06M |
| Retained Earnings | $-181.27M | $-170.57M |
| Total Stockholders Equity | $112.10M | $107.19M |
| Total Liabilities & Equity | $283.29M | $247.25M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
|---|---|---|---|
| Net Income | $-10.67M | $-10.70M | $-6.76M |
| Depreciation & Amortization | $80.40M | $45.48M | $44.58M |
| Stock-based Compensation | $5.52M | $4.04M | $2.48M |
| Deferred Income Tax | - | $85.00K | $342.00K |
| Change in Receivables | $-1.99M | $-2.58M | $3.29M |
| Change in Inventory | $5.67M | $2.42M | $3.42M |
| Operating Cash Flow | $64.88M | $37.69M | $35.38M |
| Capital Expenditure | $19.72M | $12.35M | $10.31M |
| Acquisitions | - | $21.82M | $210.00K |
| Investing Cash Flow | $-40.11M | $-32.95M | $-10.31M |
| Stock Repurchased | - | $130.00K | - |
| Financing Cash Flow | $-28.42M | $-7.76M | $-26.15M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $81.00M | $61.38M |
| Cost of Revenue | $22.77M | $17.77M |
| Operating Income | $1.02M | $448.00K |
| Interest Expense | $1.43M | $1.31M |
| Interest Income | $61.00K | $154.00K |
| Income Before Tax | $-689.00K | $-1.05M |
| Income Tax Expense | $25.00K | $30.00K |
| Net Income | $-1.05M | $-1.08M |
| Basic EPS | -0.02 | -0.03 |
| Diluted EPS | -0.02 | -0.03 |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $10.54M | $12.92M |
| Accounts Receivable | $34.92M | $34.70M |
| Inventory | $26.92M | $25.64M |
| Other Current Assets | $5.72M | $5.10M |
| Total Current Assets | $78.11M | $78.35M |
| Property Plant & Equipment | $45.87M | $46.06M |
| Goodwill | $61.56M | $61.56M |
| Intangible Assets | $75.89M | $77.56M |
| Other Non-current Assets | $391.00K | $384.00K |
| Total Assets | $280.66M | $283.29M |
| Accounts Payable | $38.55M | $38.43M |
| Total Current Liabilities | $75.24M | $74.71M |
| Long-term Debt | $84.00M | - |
| Deferred Tax Liabilities | $287.00K | $287.00K |
| Total Liabilities | $167.66M | $171.19M |
| Retained Earnings | $-182.32M | $-181.27M |
| Total Stockholders Equity | $112.99M | $112.10M |
| Total Liabilities & Equity | $280.66M | $283.29M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-1.05M | $-1.08M |
| Depreciation & Amortization | $12.55M | $10.99M |
| Stock-based Compensation | $982.00K | $207.00K |
| Deferred Income Tax | - | $2.00K |
| Change in Receivables | $223.00K | $-1.48M |
| Change in Inventory | $1.28M | $-786.00K |
| Operating Cash Flow | $8.94M | $9.30M |
| Capital Expenditure | $2.07M | $3.68M |
| Investing Cash Flow | $-1.95M | $-3.65M |
| Financing Cash Flow | $-9.44M | $-5.52M |
| Net Change in Cash | $-2.37M | $-723.00K |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.