Live Ventures (LIVE) 10-Q 11 May 23 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2023	May 08, 2023
Cover [Abstract]
Entity Registrant Name	Live Ventures Inc
Entity Central Index Key	0001045742
Document Type	10-Q
Document Period End Date	Mar. 31, 2023
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Incorporation, State or Country Code	NV
File Number	001-33937
Entity Common Stock, Shares Outstanding		3,165,890
Entity Interactive Data Current	Yes
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Trading Symbol	LIVE
Security12b Title	Common Stock, $0.001 par value per share
Security Exchange Name	NASDAQ
Document Quarterly Report	true
Document Transition Report	false
Entity Tax Identification Number	85-0206668
Entity Address, Address Line One	325 E. Warm Springs Road
Entity Address, Address Line Two	Suite 102
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89119
City Area Code	702
Local Phone Number	997-5968

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Assets
Cash	$ 4,168	$ 4,600
Trade receivables, net of allowance for doubtful accounts of $482 at March 31, 2023 and $132 at September 30, 2022	29,703	25,665
Inventories, net of reserves of $2.6 million at March 31, 2023 and $2.4 million at September 30, 2022	115,050	97,659
Income taxes receivable	4,237	4,403
Prepaid expenses and other current assets	2,748	2,477
Total current assets	155,906	134,804
Property and equipment, net of accumulated depreciation of $31.7 million at March 31, 2023, and $26.7 million at September 30, 2022	67,098	64,590
Right of use asset - operating leases	45,504	33,659
Right of use asset - finance leases	387	0
Deposits and other assets	1,741	647
Intangible assets, net of accumulated amortization of $3.4 million at March 31, 2023 and $2.1 million at September 30, 2022	25,249	3,844
Goodwill	69,506	41,093
Total assets	365,391	278,637
Liabilities:
Accounts payable	12,420	10,899
Accrued liabilities	21,465	16,486
Current portion of lease obligations - operating leases	10,688	7,851
Current portion of lease obligations - finance leases	341	217
Current portion of long-term debt	30,288	18,935
Current portion of notes payable related parties	0	2,000
Total current liabilities	75,202	56,388
Long-term debt, net of current portion	67,530	59,704
Lease obligation - operating leases	39,611	30,382
Lease obligation long term - finance leases	19,930	19,568
Notes payable related parties, net of current portion	45,675	5,000
Deferred taxes	12,986	8,818
Other non-current obligations	1,222	1,615
Total liabilities	262,156	181,475
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value, 10,000,000 shares authorized, 3,165,890 and 3,074,833 shares issued and outstanding at March 31, 2023 and September 30, 2022, respectively	2	2
Paid in capital	68,630	65,321
Treasury stock common 646,355 and 620,971 shares as of March 31, 2023 and September 30, 2022, respectively	(7,853)	(7,215)
Retained earnings	42,911	39,509
Equity attributable to Live stockholders	103,683	97,610
Non-controlling interest	(448)	(448)
Total stockholders' equity	103,235	97,162
Total liabilities and stockholders' equity/deficit	365,391	278,637
Series E Convertible Preferred Stock
Stockholders' equity:
Series E convertible preferred stock, $0.001 par value, 200,000 shares authorized, 47,840 shares issued and outstanding at March 31, 2023 and September 30, 2022, respectively, with a liquidation preference of $0.30 per share outstanding	0	0
Treasury stock Series E preferred 50,000 shares as of March 31, 2023 and of September 30, 2022, respectively	$ (7)	$ (7)

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Stockholders' equity:
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	3,165,890	3,074,833
Common stock, shares outstanding	3,165,890	3,074,833
Treasury stock, shares	646,355	620,971
Intangible assets, net of accumulated amortization	$ 3,392	$ 2,149
Property and equipment, net of accumulated depreciation	31,700	26,700
Inventories, net of reserves	2,600	2,400
Trade receivables, net of allowance for doubtful account	$ 482,000	$ 132,000
Series E Convertible Preferred Stock
Stockholders' equity:
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	200,000	200,000
Preferred stock, issued	47,840	47,840
Preferred stock, outstanding	47,840	47,840
Preferred stock, liquidation preference per share	$ 0.30	$ 0.30
Treasury stock, shares	80,000	80,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Revenues	$ 91,122	$ 69,706	$ 160,108	$ 144,864
Cost of revenues	59,514	44,753	106,556	92,295
Gross profit	31,608	24,953	53,552	52,569
Operating expenses:
General and administrative expenses	22,617	13,154	37,217	27,311
Sales and marketing expenses	4,039	3,350	6,816	6,402
Total operating expenses	26,656	16,504	44,033	33,713
Operating income	4,952	8,449	9,519	18,856
Other (expense) income:
Interest expense, net	(3,235)	(858)	(5,282)	(1,875)
Loss on debt extinguishment	0	(363)	0	(363)
Loss on disposal of fixed assets	7	(1)	7	(1)
Gain on bankruptcy settlement	0	11,362	0	11,352
Other income	384	292	323	418
Total other expense, net	(2,844)	10,432	(4,952)	9,531
Income before provision for income taxes	2,108	18,881	4,567	28,387
Provision for income taxes	550	3,523	1,165	6,483
Net income	1,558	15,358	3,402	21,904
Net income attributable to Live stockholders	$ 1,558	$ 15,358	$ 3,402	$ 21,904
Income per share:
Basic	$ 0.50	$ 4.90	$ 1.10	$ 6.96
Diluted	$ 0.49	$ 4.84	$ 1.08	$ 6.87
Weighted average common shares outstanding:
Basic	3,143,911	3,134,540	3,101,007	3,148,059
Diluted	3,184,982	3,172,881	3,137,625	3,187,123

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
OPERATING ACTIVITIES:
Net income	$ 3,402,000	$ 21,904,000
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisition:
Depreciation and amortization	6,297,000	3,045,000
(Gain)/loss on disposal of property and equipment	(7,000)	1,000
Gain on bankruptcy settlement	0	(11,501,000)
Amortization of debt issuance cost	105,000	(112,000)
Stock based compensation expense	109,000	37,000
Amortization of right-of-use assets	1,397,000	55,000
Change in reserve for uncollectible accounts	350,000	27,000
Change in reserve for obsolete inventory	169,000	146,000
Change in deferred income taxes	4,168,000	2,257,000
Changes in assets and liabilities:
Trade receivables	436,000	(698,000)
Inventories	2,384,000	(8,658,000)
Income taxes payable/receivable	166,000	(148,000)
Prepaid expenses and other current assets	3,453,000	(422,000)
Deposits and other assets	(1,095,000)	(116,000)
Accounts payable	(3,668,000)	3,911,000
Accrued liabilities	(3,547,000)	(4,500,000)
Other Liabilities	59,000	23,000
Net cash provided by operating activities	14,178,000	5,251,000
INVESTING ACTIVITIES:
Acquisition of Flooring Liquidators, net of cash acquired	(33,929,000)	0
Purchase of property and equipment	(2,900,000)	(7,503,000)
Net cash used in investing activities	(36,829,000)	(7,503,000)
FINANCING ACTIVITIES:
Net borrowings (payments) under revolver loans	12,312,000	4,887,000
Proceeds from issuance of notes payable	8,449,000	9,000,000
Payments on notes payable	(3,679,000)	(8,020,000)
Proceeds from issuing related party notes payable	7,000,000	0
Payments for debt acquisition costs	(96,000)	0
Purchase of common treasury stock	(639,000)	(2,084,000)
Payments on financing leases	(1,077,000)	(80,000)
Payments on seller financing arrangements	(51,000)	0
Debtor-in-possession cash	0	75,000
Net cash used in financing activities	22,219,000	3,778,000
Increase in cash	(432,000)	1,526,000
Cash, beginning of period	4,600,000	4,664,000
Cash, end of period	4,168,000	6,190,000
Supplemental cash flow disclosures:
Interest paid	4,602,000	1,823,000
Income taxes paid	43,000	4,458,000
Noncash financing and investing activities:
Noncash items related to Flooring Liquidators acquisition	$ 36,900,000	$ 0

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Series B Preferred Stock	Series E Preferred Stock	Common Stock	Paid-In Capital	Series E Preferred Stock Treasury Stock	Common Stock Treasury Stock	Retained Earnings (Deficit)	Non-controlling Interest
Beginning balance, value at Sep. 30, 2021	$ 75,080			$ 2	$ 65,284	$ (7)	$ (4,519)	$ 14,768	$ (448)
Beginning balance, shares at Sep. 30, 2021		315,790	47,840	1,582,334
Stock based compensation	18				18
Net income	6,546							6,546	0
Ending balance, value at Dec. 31, 2021	81,644			$ 2	65,302	(7)	(4,519)	(21,314)	(448)
Ending balance, shares at Dec. 31, 2021		315,790	47,840	1,582,334
Beginning balance, value at Sep. 30, 2021	75,080			$ 2	65,284	(7)	(4,519)	14,768	(448)
Beginning balance, shares at Sep. 30, 2021		315,790	47,840	1,582,334
Net income	21,904
Ending balance, value at Mar. 31, 2022	94,937			$ 2	65,321	7	(6,603)	36,672	(448)
Ending balance, shares at Mar. 31, 2022		315,790	47,840	3,095,616
Beginning balance, value at Dec. 31, 2021	81,644			$ 2	65,302	(7)	(4,519)	(21,314)	(448)
Beginning balance, shares at Dec. 31, 2021		315,790	47,840	1,582,334
Stock based compensation	19				19
Purchase of common treasury stock	(2,084)			$ (2,084)
Purchase of common treasury stock, shares				(65,668)
Conversion of preferred stock, shares				1,578,950
Net income	15,358							15,358
Ending balance, value at Mar. 31, 2022	94,937			$ 2	65,321	7	(6,603)	36,672	(448)
Ending balance, shares at Mar. 31, 2022		315,790	47,840	3,095,616
Beginning balance, value at Sep. 30, 2022	97,162			$ 2	65,321	(7)	(7,215)	39,509	(448)
Beginning balance, shares at Sep. 30, 2022		0	47,840	3,074,833
Purchase of common treasury stock	(621)			$ (621)
Purchase of common treasury stock, shares				(24,710)
Net income	1,844							1,844
Ending balance, value at Dec. 31, 2022	98,385			$ 2	65,321	(7)	(7,836)	41,353	(448)
Ending balance, shares at Dec. 31, 2022		0	47,840	3,050,123
Beginning balance, value at Sep. 30, 2022	97,162			$ 2	65,321	(7)	(7,215)	39,509	(448)
Beginning balance, shares at Sep. 30, 2022		0	47,840	3,074,833
Net income	3,402
Ending balance, value at Mar. 31, 2023	103,235			$ 2	68,630	7	(7,853)	42,911	(448)
Ending balance, shares at Mar. 31, 2023			47,840	3,165,890
Beginning balance, value at Dec. 31, 2022	98,385			$ 2	65,321	(7)	(7,836)	41,353	(448)
Beginning balance, shares at Dec. 31, 2022		0	47,840	3,050,123
Stock based compensation	109				109
Purchase of common treasury stock	$ (17)			$ (17)
Purchase of common treasury stock, shares				(674)
Common stock issued	116,441
Common shares value	$ 3,200				3,200
Net income	1,558							1,558
Ending balance, value at Mar. 31, 2023	$ 103,235			$ 2	$ 68,630	$ 7	$ (7,853)	$ 42,911	$ (448)
Ending balance, shares at Mar. 31, 2023			47,840	3,165,890

Background and Basis of Present

Background and Basis of Presentation	6 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	Note 1: Background and Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Live Ventures Incorporated, a Nevada corporation, and its subsidiaries (collectively, “Live Ventures” or the “Company”). Live Ventures is a diversified holding company with a strategic focus on value-oriented acquisitions of domestic middle-market companies. The Company has five operating segments: Retail-Entertainment, Retail-Flooring, Flooring Manufacturing, Steel Manufacturing, and Corporate and Other. The Retail-Entertainment segment includes Vintage Stock, Inc. (“Vintage Stock”), which is engaged in the retail sale of new and used movies, music, collectibles, comics, books, games, game systems and components. The Retail-Flooring segment includes Flooring Liquidators, Inc. (“Flooring Liquidators”), which is engaged in the retail sale and installation of floors, carpets, and countertops. The Flooring Manufacturing segment includes Marquis Industries, Inc. (“Marquis”), which is engaged in the manufacture and sale of carpet and the sale of vinyl and wood floor coverings. The Steel Manufacturing Segment includes Precision Industries, Inc. (“Precision Marshall”), which is engaged in the manufacture and sale of alloy and steel plates, ground flat stock and drill rods, and The Kinetic Co., Inc. (“Kinetic”), which is engaged in the production of industrial knives and hardened wear products for the tissue and metals industries. The unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for audited financial statements. In the opinion of the Company’s management, this interim information includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods. The results of operations for three and six months ended March 31, 2023 are not necessarily indicative of the results to be expected for the fiscal year ending September 30, 2023. The financial information included in these statements should be read in conjunction with the condensed consolidated financial statements and related notes thereto as of September 30, 2022 and for the fiscal year then ended included in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2022 (the “2022 10-K”).

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2: Summary of Significant Accounting Policies Principles of Consolidation The unaudited condensed financial statements include the accounts of the Company, its majority owned subsidiaries over which the Company exercises control, and a variable interest entity (“VIE”). The Company records a non-controlling interest within stockholders’ equity for the portion of the entity’s equity attributed to the consolidated entities that are not wholly owned. All intercompany accounts and transactions have been eliminated in consolidation. These reclassifications have no material effect on the reported financial results. Reclassifications Certain amounts in the prior period have been reclassified to conform to the current period presentation. Use of Estimates The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made in connection with the accompanying condensed consolidated financial statements include the estimated reserve for doubtful accounts, the estimated reserve for excess and obsolete inventory, fair values of goodwill, other intangibles and long-lived assets in connection with an acquisition, fair values in connection with the analysis of goodwill, other intangibles and long-lived assets for impairment, valuation allowance against deferred tax assets, and estimated useful lives for intangible assets and property and equipment. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04 - Reference Rate Reform (Topic 848), codified as ASC 848 (“ASC 848”). The purpose of ASC 848 is to provide optional guidance to ease the potential effects on financial reporting of the market-wide migration away from Interbank Offered Rates to alternative reference rates. ASC 848 applies only to contracts, hedging relationships, and other transactions that reference a reference rate expected to be discontinued because of reference rate reform. Effective December 31, 2021, the Secured Overnight Financing Rate (“SOFR”) replaced the USD London Interbank-Offered Rate (“LIBOR”) for most financial benchmarking. The guidance may be applied upon issuance of ASC 848 through December 31, 2022. The Company has adopted this new accounting standard on its condensed consolidated financial statements and related disclosures; however, adoption of this ASU is anticipated to have no material impact on the Company's financial statements.

Acquisitions

Acquisitions	6 Months Ended
	Mar. 31, 2023
Business Combinations [Abstract]
Acquisitions	Note 3: Acquisitions Acquisition of Flooring Liquidators On January 18, 2023, Live Ventures acquired 100 % of the issued and outstanding equity interests of Flooring Liquidators, Inc., Elite Builder Services, Inc., 7 Day Stone, Inc., Floorable, LLC, K2L Leasing, LLC, and SJ & K Equipment, Inc. (collectively, the “Acquired Companies”). The Acquired Companies are leading retailers and installers of floors, carpets, and countertops to consumers, builders and contractors in California and Nevada. The acquisition was pursuant to a Securities Purchase Agreement with an effective date of January 18, 2023 by and among the Company, Buyer, Stephen J. Kellogg, as the seller representative of the equity holders of the Acquired Companies and individually in his capacity as an equity holder of the Acquired Companies, and the other equity holders of the Acquired Companies. The purchase price for the Equity Interests was $ 83.8 million before any fair value considerations, and is comprised of the following: • $ 41.8 million in cash to the Seller; • $ 34.0 million (the “Note Amount”) to certain trusts for the benefit of Kellogg and members of his family (the “Kellogg Trusts”) pursuant to the issuance by Buyer of a subordinated promissory note (the “Note”) in favor of the Kellogg Trusts; • $ 4.0 million to the Kellogg 2022 Family Irrevocable Nevada Trust by issuance of 116,441 shares of Parent Common Stock (as defined in the Purchase Agreement) (the “Share Amount”), calculated in the manner described in the Purchase Agreement; • $ 2.0 million holdback; and • $ 2.0 million of contingent consideration, comprised of $ 1.0 million in cash and $ 1.0 million in restricted stock units. The fair value the purchase price components outlined above was $ 78.7 million due to fair value adjustments for the seller note, restricted stock, and contingent consideration. Under the preliminary purchase price allocation, the Company recognized goodwill of approximately $ 28.7 million, which is calculated as the excess of both the consideration exchanged and liabilities assumed as compared to the fair value of the identifiable assets acquired. The values assigned to the assets acquired and liabilities assumed are based on their estimates of fair value available as of January 18, 2023, as calculated by an independent third-party firm. The Company anticipates approximately $ 13.4 million of the goodwill arising from the acquisition to be fully deductible for tax purposes. The table below outlines the purchase price allocation of the purchase for Flooring Liquidators to the acquired identifiable assets, liabilities assumed and goodwill (in $000’s): Total purchase price $ 78,700 Less fair value of the holdback option — Net purchase price $ 78,700 Accounts payable 5,189 Accrued liabilities 9,182 Debt 60 Total liabilities assumed 14,431 Total consideration 93,131 Cash 7,871 Accounts receivable 4,824 Inventory 19,944 Property, plant and equipment 4,678 Intangible assets Trade names $ 13,275 Customer relationships 7,700 Non-compete agreements 1,625 Other 49 Subtotal intangible assets 22,649 Other 4,440 Total assets acquired 64,406 Total goodwill $ 28,725 Pro Forma Information The table below presents selected proforma information for the Company for the three- and six-month periods ended March 31, 2023, assuming that the acquisition had occurred on October 1, 2021 (the beginning of the Company’s 2022 fiscal year), pursuant to ASC 805-10-50 (in $000's). This proforma information does not purport to represent what the actual results of operations of the Company would have been had the acquisition occurred on that date, nor does it purport to predict the results of operations for future periods. As Reported Adjustments Proforma Live Unaudited Three Months Ended March 31, 2023 Flooring Liquidators Unaudited Three Months Ended March 31, 2023 Adjustments (1) LIVE for the Three Months Ended March 31, 2023 Net revenue $ 91,122 $ 4,222 $ 95,344 Net income $ 1,558 $ ( 2,188 ) $ ( 300 ) $ ( 930 ) Earnings per basic $ 0.50 $ ( 0.30 ) Earnings per basic $ 0.49 $ ( 0.29 ) As Reported Adjustments Proforma Live Unaudited Three Months Ended March 31, 2022 Flooring Liquidators Unaudited Three Months Ended March 31, 2022 Adjustments (1) LIVE for the Three Months Ended March 31, 2022 Net revenue $ 69,706 $ 29,205 $ 98,911 Net income $ 15,358 $ 1,886 $ ( 1,946 ) $ 15,298 Earnings per basic $ 4.90 $ 4.88 Earnings per basic $ 4.84 $ 4.82 As Reported Adjustments Proforma Live Unaudited Six Months Ended March 31, 2023 Flooring Liquidators Unaudited Six Months Ended March 31, 2023 Adjustments (1) LIVE for the Six Months Ended March 31, 2023 Net revenue $ 160,108 $ 37,702 $ 197,810 Net income 3,402 $ ( 1,033 ) $ ( 2,226 ) $ 143 Earnings per basic $ 1.10 $ 0.05 Earnings per basic $ 1.08 $ 0.05 As Reported Adjustments Proforma Live Unaudited Six Months Ended March 31, 2022 Flooring Liquidators Unaudited Six Months Ended March 31, 2022 Adjustments (1) LIVE for the Six Months Ended March 31, 2022 Net revenue $ 144,864 $ 59,850 $ 204,714 Net income $ 21,904 $ 5,221 $ ( 3,818 ) $ 23,307 Earnings per basic $ 6.96 $ 7.40 Earnings per basic $ 6.87 $ 7.31 (1) Adjustments are related to adjustments made for the following: • Amortization expense of definite-lived intangible assets has been adjusted based on the preliminary fair value at the acquisition date. • Interest expense has been adjusted to include proforma interest expense that would have been incurred as a result of the acquisition financing obtained by the Company. • Elimination of revenues and costs of revenues associated with sales between Flooring Liquidators and the Company prior to acquisition. Acquisition of Kinetic On June 28, 2022, Precision Marshall (“Precision”) acquired 100 % of the issued and outstanding shares of common stock of The Kinetic Co., Inc. (“Kinetic”), a Wisconsin corporation, which was accomplished through a Purchase Agreement (the “Purchase Agreement”). In connection with the Purchase Agreement, Precision also entered into a Real Estate Purchase Agreement with Plant B-6, LLC, an affiliate of Kinetic, pursuant to which Precision received all of Kinetic's right, title, and interest in and to the land and improvements (collectively, the “Real Estate”) that Kinetic uses in its operations. The combined purchase price for the Kinetic shares and Real Estate was approximately $ 24.7 million, which was funded with approximately $ 11.0 million in borrowings under the company’s credit facility, approximately $ 8.3 million in proceeds from sale and leaseback of the Real Estate, a subordinated promissory note in the amount of $ 3.0 million to the Seller of Kinetic, $ 1.7 million of cash on-hand, a contingent earn-out liability valued at $ 997,000 , a working capital adjustment of approximately $ 400,000 , which was paid in cash, and a final fair value adjustment of approximately $ 312,000 , which was noncash. As of the date of acquisition, Precision entered into a sale and leaseback agreement with a third-party, independent of the Kinetic sellers, for the Real Estate. The sale price of the Real Estate was approximately $ 8.9 million, subject to closing fees of approximately $ 547,000 . The provisions of the lease agreement include a 20-year lease term with two five-year renewal options. The base rent under the lease agreement is $ 600,000 for the first year of the term and a 2 % per annum escalator. The Lease Agreement is a “net lease,” such that the lessees are also obligated to pay all taxes, insurance, assessments, and other costs, expenses, and obligations of ownership of the Real Property incurred by the lessor. Due to the highly specialized nature of the leased assets, the Company currently believes that it is more likely than not that each of the two five-year options will be exercised. The proceeds, net of closing fees, from the sale-leaseback were used to assist in funding the acquisition of Kinetic. Under the purchase price allocation, the Company recognized goodwill of approximately $ 3.0 million, which is calculated as the excess of both the consideration exchanged and liabilities assumed as compared to the fair value of the identifiable assets acquired. The values assigned to the assets acquired and liabilities assumed are based on their estimates of fair value available as of June 28, 2022, as calculated by an independent third-party firm. Goodwill arising from the acquisition is expected to be fully deductible for tax purposes. The table below outlines the purchase price allocation of the purchase for Kinetic to the acquired identifiable assets, liabilities assumed and goodwill as of March 31, 2023 (in $000’s): Total purchase price $ 24,732 Accounts payable 571 Accrued liabilities 1,848 Total liabilities assumed 2,419 Total consideration 27,151 Cash 287 Accounts receivable 3,073 Inventory 6,429 Property, plant and equipment 12,855 Intangible assets 1,000 Other assets 480 Total assets acquired 24,124 Total goodwill $ 3,027 Acquisition of Better Backers On July 1, 2022, Live acquired certain assets and intellectual property of Better Backers, a Georgia corporation, which was accomplished through an Asset Purchase Agreement (the “Asset Purchase Agreement”). No liabilities were assumed as part of the acquisition. The purchase price, which is subject to certain post-closing adjustments, was approximately $ 3.2 million, which is comprised of $ 1.8 million that was paid upon closing, and the $ 1.4 million present value of $ 1.5 million of non-compete payments to be made over a 24-month period. In order to expedite the transaction, the acquisition was originally made by Live, and the $ 1.8 million paid upon closing was funded with borrowings under Live’s credit line with Isaac Capital Group (“ICG”). On August 18, 2022, Marquis repaid the $ 1.8 million to ICG and assumed ownership of Better Backers. In connection with the acquisition, Marquis entered into two 20-year building leases with Spyglass Estate Planning, LLC, a related party (see Note 15), with two options to renew for an additional five years each. The fair value of the buildings and improvement is approximately $ 9.3 million. The provisions of the lease agreements include an initial 24-month month-to-month rental period, during which the lessee may cancel with 90-day notice, followed by a 20-year lease term with two five-year renewal options. Due to the highly specialized nature of the leased assets, the Company currently believes that it is more likely than not that it will not cancel during the initial 24-month term, and that each of the two five-year options will be exercised. The base rent under the lease agreements is approximately $ 73,000 and $ 32,000 per month, respectively, for the first year of the term, and a 2.5 % per annum escalator. The lease agreements are each “net leases”, such that the lessee is also obligated to pay all taxes, insurance, assessments, and other costs, expenses, and obligations of ownership of the property. The Company has evaluated each lease and determined the rent amounts to be at market rates. These leases are being treated as finance leases for accounting purposes, as described in ASC 842 “ Leases”. Under the purchase price allocation, no goodwill was recognized. The values assigned to the assets acquired are based on their estimates of fair value available as of July 1, 2022, as calculated by management. The table below outlines the purchase price allocation of the purchase for Better Backers to the acquired identifiable assets (in $000’s): Total purchase price $ 3,166 Inventory 748 Property, plant and equipment 2,118 Intangible assets 300 Total assets acquired 3,166

Leases

Leases	6 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	Note 4: Leases The Company leases retail stores, warehouse facilities, and office space. These assets and properties are generally leased under noncancelable agreements that expire at various future dates with many agreements containing renewal options for additional periods. The agreements, which have been classified as either operating or finance leases, generally provide for minimum and, in some cases, percentage rent, and require the Company to pay all insurance, taxes, and other maintenance costs. As a result, the Company recognizes assets and liabilities for all leases with lease terms greater than 12 months. The amounts recognized reflect the present value of remaining lease payments for all leases. The discount rate used is an estimate of the Company’s blended incremental borrowing rate based on information available associated with each subsidiary’s debt outstanding at lease commencement. In considering the lease asset value, the Company considers fixed and variable payment terms, prepayments and options to extend, terminate or purchase. Renewal, termination, or purchase options affect the lease term used for determining lease asset value only if the option is reasonably certain to be exercised. As of March 31, 2023 , the weighted average remaining lease term for operating leases is 8.6 years. The Company's weighted average discount rate for operating leases is 8.1 %. Total cash payments for operating leases for the six months ended March 31, 2023 and 2022 were approximately $ 3.9 million and $ 4.9 million, respectively. Additionally, we obtained right-of-use assets in exchange for operating lease liabilities of approximately $ 15.6 million upon commencement of operating leases during the six months ended March 31, 2023. As of March 31, 2023 , the weighted average remaining lease term for finance leases is 27.1 years. The Company's weighted average discount rate for finance leases is 13.2 %. Total cash payments for finance leases for the six months ended March 31, 2023 and 2022 were approximately $ 1.1 million and $ 0 , respectively. Additionally, we obtained right-of-use assets in exchange for finance lease liabilities of approximately $ 387,000 upon commencement of operating leases during the six months ended March 31, 2023. The following table details our right of use assets and lease liabilities as of March 31, 2023 and September 30, 2022 (in $000's): March 31, 2023 September 30, 2022 Right of use asset - operating leases $ 45,504 $ 33,659 Right of use asset - finance leases 387 — Lease liabilities: Current - operating 10,688 7,851 Current - finance 341 217 Long term - operating 39,611 30,382 Long term - finance 19,930 19,568 Total present value of future lease payments of operating leases as of March 31, 2023 (in $000's): Twelve months ended March 31, 2023 $ 10,688 2024 8,941 2025 7,580 2026 6,167 2027 4,796 Thereafter 15,338 Total 53,510 Less implied interest ( 3,211 ) Present value of payments $ 50,299 Total present value of future lease payments of finance leases as of March 31, 2023 (in $000's): Twelve months ended March 31, 2023 $ 341 2024 850 2025 753 2026 681 2027 617 Thereafter 29,913 Total 33,155 Less implied interest ( 12,884 ) Present value of payments $ 20,271 In connection with the acquisition of Flooring Liquidators (see Note 3), as of March 31, 2023 , the Company has obtained right-of-use assets in exchange for operating lease liabilities of $ 14.7 million, and right-of-use assets in exchange for finance lease liabilities of $ 387,000 . During the six months ended March 31, 2023 and 2022 , the Company recorded no gain or loss settlements, no r did it record impairment charges relating to any of its leases.

Inventory

Inventory	6 Months Ended
	Mar. 31, 2023
Inventory Disclosure [Abstract]
Inventory	Note 5: Inventory The following table details the Company's inventory as of March 31, 2023 and September 30, 2022 (in $000's): Inventory, net March 31, 2023 September 30, 2022 Raw materials $ 32,656 $ 35,829 Work in progress 8,694 7,539 Finished goods 33,802 32,814 Merchandise 43,316 23,900 118,468 100,082 Less: Inventory reserves ( 2,749 ) ( 2,423 ) Total inventory, net $ 115,719 $ 97,659

Property, Plant & Equipment

Property, Plant & Equipment	6 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 6: Property and Equipment The following table details the Company's property and equipment as of March 31, 2023 and September 30, 2022 (in $000's): March 31, 2023 September 30, 2022 Property and equipment, net: Land $ 2,064 $ 2,029 Building and improvements 24,408 26,761 Transportation equipment 3,038 622 Machinery and equipment 55,685 53,739 Furnishings and fixtures 6,036 4,407 Office, computer equipment and other 7,564 3,699 98,795 91,257 Less: Accumulated depreciation ( 31,697 ) ( 26,667 ) $ 67,098 $ 64,590 Depreciation expense was $ 2.7 million and $ 1.3 million, respectively, for the three months ended March 31, 2023 and 2022 , and $ 5.1 million and $ 2.5 million for the six months ended March 31, 2023 and 2022 .

Intangibles

Intangibles	6 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles	Note 7: Intangibles The following table details the Company's intangibles as of March 31, 2023 and September 30, 2022 (in $000's): March 31, 2023 September 30, 2022 Intangible assets, net: Intangible assets - Domain names $ 14,082 $ 808 Intangible assets - Customer relationships 12,298 4,598 Intangible assets - Other 2,261 587 28,641 5,993 Less: Accumulated amortization ( 3,392 ) ( 2,149 ) Total intangibles, net $ 25,249 $ 3,844 Amortization expense was $ 992,000 and $ 210,000 , respectively, for the three months ended March 31, 2023 and 2022 , and $ 1.2 million and $ 496,000 for the six months ended March 31, 2023 and 2022. The following table summarizes estimated future amortization expense related to intangible assets that have net balances (in $000’s): 2024 $ 4,308 2025 4,207 2026 4,207 2027 4,139 2028 3,835 Thereafter 4,553 $ 25,249

Goodwill

Goodwill	6 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Note 8: Goodwill The following table details the Company's goodwill as of March 31, 2023 (in $000's): Retail Flooring Manufacturing Steel Manufacturing Corporate Total September 30, 2022 36,947 807 3,339 — 41,093 Additions — — — — — Kinetic fair value adjustment — — ( 312 ) — ( 312 ) Flooring Liquidators acquisition 25,394 25,394 Flooring Liquidators tax adjustment 3,331 3,331 Impairment — — — — — March 31, 2023 $ 65,672 $ 807 $ 3,027 $ — $ 69,506 As of March 31, 2023 , the Company did not identify any triggering events that would require impairment testing.

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Mar. 31, 2023
Accrued Liabilities Abstract
Accrued Liabilities	Note 9: Accrued Liabilities The following table details the Company's accrued liabilities as of March 31, 2023 and September 30, 2022, respectively (in $000's): March 31, 2023 September 30, 2022 Accrued liabilities: Accrued payroll and bonuses $ 4,657 $ 4,838 Accrued sales and use taxes 1,862 1,905 Accrued customer deposits 3,996 — Accrued gift card and escheatment liability 1,780 1,696 Accrued interest payable 963 390 Accrued accounts payable and bank overdrafts 1,008 1,731 Accrued professional fees 1,054 1,924 Accrued expenses - other 6,145 4,002 Total accrued liabilities $ 21,465 $ 16,486

Long Term Debt

Long Term Debt	6 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Long Term Debt	Note 10: Long-Term Debt Long-term debt as of March 31, 2023 and September 30, 2022 consisted of the following (in $000's): March 31, 2023 September 30, 2022 Revolver loans $ 55,419 $ 43,107 Equipment loans 17,525 13,716 Term loans 9,288 7,941 Other notes payable 16,176 14,501 Total notes payable 98,408 79,265 Less: unamortized debt issuance costs ( 590 ) ( 626 ) Net amount 97,818 78,639 Less: current portion ( 30,288 ) ( 18,935 ) Total long-term debt $ 67,530 $ 59,704 Future maturities of long-term debt at March 31, 2023, are as follows which does not include related party debt separately stated (in $000's): Twelve months ending March 31, 2024 $ 30,288 2025 5,723 2026 15,290 2027 5,299 2028 30,281 Thereafter 10,937 Total future maturities of long-term debt $ 97,818 Eclipse Business Capital Loans In connection with the acquisition of Flooring Liquidators (see Note 3), on January 18, 2023, Flooring Liquidators entered into a credit facility with Eclipse Business Capital, LLC (“Eclipse”). The facility consists of $ 25.0 million in revolving credit (“Eclipse Revolver”) and $ 3.5 million in M&E lending (“Eclipse M&E”). The Eclipse Revolver is a three-year, asset-based facility that is secured by substantially all of Flooring Liquidators’ assets. Availability under the Eclipse Revolver is subject to a monthly borrowing base calculation. Flooring Liquidators’ ability to borrow under the Eclipse Revolver is subject to the satisfaction of certain conditions, including meeting all loan covenants under the credit agreement with Eclipse. The Eclipse Revolver bears interest at 4.5 % per annum in excess of Adjusted Term SOFR prior to April 1, 2023, and 3.5% per annum in excess of Adjusted Term SOFR after April 1, 2023. The Eclipse M&E loan bears interest at 6.0 % per annum in excess of Adjusted Term SOFR prior to April 1, 2023, and 5.0% per annum in excess of Adjusted Term SOFR after April 1, 2023. The credit facility matures in January 2026 . As of March 31, 2023, the outstanding balance on the Eclipse Revolver was approximately $ 9.7 million, and the outstanding balance on the Eclipse M&E loan was approximately $ 2.8 million. Bank of America Revolver Loan On January 31, 2020 , Marquis entered into an amended $ 25.0 million revolving credit agreement (“BofA Revolver”) with Bank of America Corporation (“BofA”). The BofA Revolver is a five-year, asset-based facility that is secured by substantially all of Marquis’ assets. Availability under the BofA Revolver is subject to a monthly borrowing base calculation. Marquis’ ability to borrow under the BofA Revolver is subject to the satisfaction of certain conditions, including meeting all loan covenants under the credit agreement with BofA. The BofA Revolver has a variable interest rate and matures in January 2025. As of March 31, 2023 and September 30, 2022 , the outstanding balance was approximately $ 10.7 million and $ 10.1 million, respectively. Loan with Fifth Third Bank On January 20, 2022, Precision Marshall refinanced its Encina Business Credit loans with Fifth Third Bank, and the balance outstanding was repaid. The refinanced credit facility, totaling $ 29 million, is comprised of $ 23.0 million in revolving credit, $ 3.5 million in M&E lending, and $ 2.5 million for capital Capex lending. Advances under the new credit facility will bear interest at the 30-day SOFR plus 200 basis points for lending under the revolving facility, and 30-day SOFR plus 225 basis points for M&E and Capex lending (Effective December 31, 2021, SOFR replaced the USD LIBOR for most financial benchmarking). The refinancing of the Borrower’s existing credit facility reduces interest costs and improves the availability and liquidity of funds by approximately $ 3.0 million at the close. The facility terminates on January 20, 2027 , unless terminated earlier in accordance with its terms. In connection with the acquisition of Kinetic, the existing revolving facility was amended to add Kinetic as a borrower. In addition, two additional term loans were executed to fund the purchase of Kinetic. Approximately $ 6.0 million was drawn from the revolving facility, and the term loans were opened in the amounts of $4.0 million and $ 1.0 million, respectively. The $ 4.0 million term loan, which matures on January 20, 2027 , carries the same terms for M&E term lending as stated above. The $ 1.0 million term loan, which matures on June 28, 2025 , is a “Special Advance Term Loan”, and bears interest at SOFR plus 375 basis points. As of March 31, 2023 and September 30, 2022 , the outstanding balance on the revolving loan was approximately $ 27.1 million and $ 23.6 million, respectively, and the outstanding balance on the original term note was approximately $ 2.9 million and $ 3.2 million, respectively. The revolving loan has a variable interest rate and matures in January 2027. As of March 31, 2023 and September 30, 2022 , the outstanding balances on the two term loans to fund the Kinetic acquisition were approximately $ 3.6 million and $ 4.8 million, respectively . As of March 31, 2023, the “Special Advance Term Loan” was fully repaid. Texas Capital Bank Revolver Loan On November 3, 2016, Vintage Stock entered into an amended $ 12.0 million credit agreement with Texas Capital Bank (“TCB Revolver”). The TCB Revolver is a five-year , asset-based facility that is secured by substantially all of Vintage Stock’s assets. Availability under the TCB Revolver is subject to a monthly borrowing base calculation. The TCB Revolver has a variable interest rate and matures in November 2023. The effective rate, as of March 31, 2023 , was 6.79 %. As of March 31, 2023 and September 30, 2022 , the balance outstanding was approximately $ 7.5 million and $ 9.4 million, respectively. Equipment Loans On June 20, 2016 and August 5, 2016, Marquis entered into a transaction that provided for a master agreement and separate loan schedules (the “Equipment Loans”) with Banc of America Leasing & Capital, LLC that provided for the following as of March 31, 2023: Note #3 is for approximately $ 3.7 million, secured by equipment. The Equipment Loan #3 is due December 2023 , payable in 84 monthly payments of $ 52,000 beginning January 2017 , bearing interest rate at 4.8 % per annum. As of March 31, 2023 and September 30, 2022 , the balance was approximately $ 456,000 and $ 751,000 , respectively. Note #4 is for approximately $ 1.1 million, secured by equipment. The Equipment Loan #4 is due December 2023 , payable in 81 monthly payments of $ 16,000 beginning April 2017 , bearing interest at 4.9 % per annum. As of March 31, 2023 and September 30, 2022 , the balance was approximately $ 140,000 and $ 231,000 , respectively. Note #5 is for approximately $ 4.0 million, secured by equipment. The Equipment Loan #5 is due December 2024 , payable in 84 monthly payments of $ 55,000 beginning January 2018 , bearing interest at 4.7 % per annum. As of March 31, 2023 and September 30, 2022 , the balance was approximately $ 1.1 million and $ 1.4 million, respectively. Note #6 is for $ 913,000 , secured by equipment. The Equipment Loan #6 is due July 2024 , payable in 60 monthly payments of $ 14,000 beginning August 2019 , with a final payment of $ 197,000 , bearing interest at 4.7 % per annum. As of March 31, 2023 and September 30, 2022 , the balance was approximately $ 395,000 and $ 471,000 , respectively. Note #7 is for $ 5.0 million, secured by equipment. The equipment loan #7 is due February 2027 , payable in 84 monthly payments of $ 59,000 beginning March 2020 , with the final payment of $ 809,000 , bearing interest at 3.2 % per annum. As of March 31, 2023 and September 30, 2022 , the balance was approximately $ 3.2 million and $ 3.5 million, respectively. Note #8 is for approximately $ 3.4 million, secured by equipment. The equipment loan #8 is due September 2027 , payable in 84 monthly payments of $ 46,000 beginning October 2020 , bearing interest at 4.0 %. As of March 31, 2023 and September 30, 2022 2, the balance was approximately $ 2.3 million and $ 2.5 million, respectively. In December 2021, Marquis funded the acquisition of $ 5.5 million of new equipment under Note #9 of its master agreement. The note, which is secured by the equipment, matures December 2026, and is payable in 60 monthly installments of $ 92,000 , with the final payment in the amount of approximately $ 642,000 , beginning January 2022, bearing interest at 3.75 %. As of March 31, 2023 and September 30, 2022 , the balance was approximately $ 4.3 million and $ 4.8 million, respectively. In December 2022, Marquis funded the acquisition of $ 5.7 million of new equipment under note #10 of its master agreement. The note, which is secured by the equipment, matures December 2029, and is payable in 84 monthly installments of $ 79,000 , with the final payment in the amount of approximately $ 650,000 , beginning January 2023, bearing interest at 6.50 %. As of March 31, 2023 , the balance was approximately $ 5.6 million. Loan Covenant Compliance As of March 31, 2023 , the Company was in compliance with all covenants under its existing revolving and other loan agreements.

Notes Payable, Related Parties

Notes Payable, Related Parties	6 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Notes Payable, Related Parties	Note 11: Notes Payable, Related Parties Long-term debt, related parties as of March 31, 2023 and September 30, 2022 consisted of the following (in $000's): March 31, 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 ( 2,325 ) — Net amount 45,675 7,000 Less: current portion — ( 2,000 ) Total long-term portion, related parties $ 45,675 $ 5,000 Twelve months ending March 31, 2023 $ — 2024 4,000 2025 2,000 2026 — 2027 3,000 Thereafter 39,000 Total future maturities of long-term debt, related parties $ 48,000

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Stockholders' Equity	Note 12: Stockholders’ Equity Series E Convertible Preferred Stock As of March 31, 2023 and September 30, 2022 , there were 47,840 shares of Series E Convertible Preferred Stock issued and outstanding, respectively. Treasury Stock As of March 31, 2023 and September 30, 2022 , the Company had 646,355 and 620,971 shares of Treasury Stock, respectively. During the six months ended March 31, 2023 and 2022 , respectively, the Company purchased 25,384 and 65,668 shares of its common stock on the open market for approximately $ 639,000 and approximately $ 2.1 million, respectively

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation	Note 13: Stock-Based Compensation Our 2014 Omnibus Equity Incentive Plan (the “2014 Plan”) authorizes the issuance of distribution equivalent rights, incentive stock options, non-qualified stock options, performance stock, performance units, restricted ordinary shares, restricted stock units, stock appreciation rights, tandem stock appreciation rights and unrestricted ordinary shares to our directors, officer, employees, consultants and advisors. The Company has reserved up to 300,000 shares of common stock for issuance under the 2014 Plan. From time to time, the Company grants stock options to directors, officers, and employees. These awards are valued at the grant date by determining the fair value of the instruments. The value of each award is amortized on a straight-line basis over the requisite service period. The following table summarizes stock option activity for the fiscal year ended September 30, 2022 and the six months ended March 31, 2023: Number of Weighted Weighted Intrinsic Outstanding at September 30, 2021 87,500 $ 18.81 1.78 $ 1,626 Outstanding at September 30, 2022 87,500 $ 18.81 0.78 $ 771 Exercisable at September 30, 2022 87,500 $ 18.81 0.78 $ 771 Outstanding at September 30, 2022 87,500 $ 18.81 0.78 $ 771 Outstanding at March 31, 2023 87,500 $ 18.81 0.85 $ 1,160 Exercisable at March 31, 2023 87,500 $ 18.81 0.85 $ 1,160 The following table presents the number and weighted average fair value ("WAFV") of unvested restricted stock awards: Series A Restricted Stock Awards WAFV Outstanding at September 30, 2022 — $ — Granted 27,307 $ 36.62 Vested — $ — Canceled $ — Non-vested at December 31, 2022 27,307 $ 36.62 The Company recognized compensation expense of approximately $ 109,000 and $ 19,000 during the three months ended March 31, 2023 and 2022 , respectively, and approximately $ 109,000 and $ 37,000 during the six months ended March 31, 2023 and 2022, respectively, related to stock option awards and restricted stock awards granted to certain employees and officers based on the grant date fair value of the awards, and the revaluation for existing options whereby the expiration date was extended. As of March 31, 2023 , the Company had approximately $ 960,000 of unrecognized compensation expense associated with stock option awards and Restricted Stock Units outstanding.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 14: Earnings Per Share Net income per share is calculated using the weighted average number of shares of common stock outstanding during the applicable period. Basic weighted average common shares outstanding do not include shares of restricted stock that have not yet vested, although such shares are included as outstanding shares in the Company’s Condensed Consolidated Balance Sheet. Diluted net income per share is computed using the weighted average number of common shares outstanding and if dilutive, potential common shares outstanding during the period. Potential common shares consist of the additional common shares issuable in respect of restricted share awards, stock options and convertible preferred stock. Preferred stock dividends are subtracted from net earnings to determine the amount available to common stockholders. The following table presents the computation of basic and diluted net earnings per share (in $000's): Three Months Ended March 31, 2023 Six Months Ended March 31, 2023 2022 2023 2022 Basic Net income $ 1,558 $ 15,358 $ 3,402 $ 21,904 Less: preferred stock dividends — — — — Net income applicable to common stock $ 1,558 $ 15,358 $ 3,402 $ 21,904 Weighted average common shares outstanding 3,143,911 3,134,540 3,101,007 3,148,059 Basic earnings per share $ 0.50 $ 4.90 $ 1.10 $ 6.96 Diluted Net income applicable to common stock $ 1,558 $ 15,358 $ 3,402 $ 21,904 Add: preferred stock dividends — — — — Net income applicable for diluted earnings per share $ 1,558 $ 15,358 $ 3,402 $ 21,904 Weighted average common shares outstanding 3,143,911 3,134,540 3,101,007 3,148,059 Add: Options 40,832 38,102 36,379 38,825 Add: Series B Preferred Stock — — — — Add: Series B Preferred Stock Warrants — — — — Add: Series E Preferred Stock 239 239 239 239 Assumed weighted average common shares outstanding 3,184,982 3,172,881 3,137,625 3,187,123 Diluted earnings per share $ 0.49 $ 4.84 $ 1.08 $ 6.87 There are 17,000 and 0 options to purchase shares of common stock that are anti-dilutive, and are not included in the three months ended March 31, 2023 and 2022 diluted earnings per share computations, respectively.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 15: Related Party Transactions Transactions with Isaac Capital Group, LLC As of March 31, 2023 , Isaac Capital Group, LLC (“ICG”) beneficially owns 48.8 % of the Company’s issued and outstanding capital stock. Jon Isaac, the Company's President and Chief Executive Officer, is the President and sole member of ICG, and, accordingly, has sole voting and dispositive power with respect to these shares. Mr. Isaac also personally owns 219,177 shares of common stock and holds options to purchase up to 25,000 shares of common stock at an exercise price of $ 10.00 per share, all of which are currently exercisable. Mr. Isaac's options to purchase 25,000 shares of common stock were originally scheduled to expire on January 15, 2023, but, as amended on January 13, 2023, the expiration date was extended to January 15, 2025. ICG Term Loan As of March 31, 2023 , the Company was a party to a term loan with ICG in the amount of $ 2.0 million (the “ICG Loan”). The ICG Loan matures on May 1, 2025 and bears interest at a rate of 12.5 %. Interest is payable in arrears on the last day of each month. As of March 31, 2023 and September 30, 2022 , the outstanding balance on this loan was $ 2.0 million. ICG Revolving Promissory Note On April 9, 2020, the Company entered into an unsecured revolving line of credit promissory note whereby ICG agreed to provide the Company with a $ 1.0 million revolving credit facility (the “ICG Revolver”). The ICG Revolver bears interest at 10.0 % per annum and provides for the payment of interest monthly in arrears and matures April 2023 . On April 1, 2023, the Company entered into the First Amendment of the ICG Revolver that extended the maturity to April 8, 2024 and increased the interest rate to 12 % per annum. As of March 31, 2023 and September 30, 2022 , the outstanding balance on this note was $ 1.0 million and $ 0 , respectively. ICG Flooring Liquidators Note On January 18, 2023, in connection with the acquisition of Flooring Liquidators, the Company was a party to a term loan with ICG in the amount of $ 5.0 million (“ICG Flooring Liquidators Loan”). The ICG Flooring Liquidators Loan matures on January 18, 2028 , and bears interest at 12 %. Interest is payable in arrears on the last day of each calendar month. The note is fully guaranteed by the Company. As of March 31, 2023 , the outstanding balance on this loan was $ 5.0 million . Transactions with JanOne Inc. Lease Agreement Customer Connexx LLC, a wholly-owned subsidiary of JanOne Inc. (“JanOne”), rents approximately 9,900 square feet of office space from the Company at its Las Vegas office, which totals 16,500 square feet. JanOne paid the Company $ 112,000 and $ 75,000 in rent and other reimbursed expenses for three months ended March 31, 2023 and 2022 and $ 256,000 and $ 144,000 in rent and other reimbursed expenses for the six months ended March 31, 2023 and 2022, respectively. Tony Isaac is the Chief Executive Officer, President, Secretary, and a member of the Board of Directors of JanOne. Purchase Agreement with ARCA Recycling. On April 5, 2022, the Company entered into a Purchasing Agreement with ARCA Recycling, Inc. (“ARCA”), then a wholly-owned subsidiary of JanOne. Pursuant to the agreement, the Company agrees to purchase inventory from time to time for ARCA as set forth in submitted purchase orders. The inventory is owned by the Company until ARCA installs it in customer's homes, and payment by ARCA to the Company is due upon ARCA's receipt of payment from the customer. All purchases made by the Company shall be paid back by ARCA in full plus an additional five percent surcharge or broker-type fee. The term of the Agreement is one year, and automatically renews if not terminated by either party. Due to significant doubt that the full balance due from ARCA will be paid, on March 31, 2023 the Company recorded an allowance of approximately $ 267,000 against the amount due. Consequently, as of March 31, 2023 , the amount due from ARCA was approximately $ 267,000 , net of the allowance recorded, and the inventory balance was approximately $ 99,000 . Transactions with Vintage Stock CEO Spriggs Promissory Note I On July 10, 2020, the Company executed a promissory note (the “Spriggs Promissory Note I”) in favor of Spriggs Investments, LLC (“Spriggs Investments”), a limited liability company whose sole member is Rodney Spriggs, the President and Chief Executive Officer of Vintage Stock, Inc., a wholly-owned subsidiary of the Company, that memorializes a loan by Spriggs Investments to the Company in the initial principal amount of $ 2.0 million (the “Spriggs Loan I”). The Spriggs Loan I originally matured on July 10, 2022; however, the maturity date was extended to July 10, 2023, pursuant to unanimous consent of the Board of Directors. The Spriggs Promissory Note I bears simple interest at a rate of 10.0 % per annum. On January 19, 2023, the Company entered into a modification agreement of the Spriggs Loan I. Consequently, the Spriggs Promissory Note I will bear interest at a rate of 12 % per annum, and the maturity date was extended to July 31, 2024. As of March 31, 2023 and September 30, 2022 , the amount owed was $ 2.0 million . Spriggs Promissory Note II On January 19, 2023, in connection with the acquisition of Flooring Liquidators, the Company executed a promissory note in favor of Spriggs Investments in the initial principal amount of $ 1.0 million (the “Spriggs Loan II”). The Spriggs Loan II matures on July 31, 2024, and bears interest at a rate of 12 % per annum. As of March 31, 2023 , the amount owed was $ 1.0 million. Transactions with Spyglass Estate Planning, LLC. Building Leases On July 1, 2022, in connection with its acquisition of Better Backers, Marquis entered into two building leases with Spyglass Estate Planning, LLC, a limited liability company whose sole member is Jon Isaac, the Company’s President and Chief Executive Officer. The building leases are for 20 years with two options to renew for an additional five years each. The provisions of the lease agreements include an initial 24-month month-to-month rental period, during which the lessee may cancel with 90-day notice, followed by a 20-year lease term with two five-year renewal options. The Company has evaluated each lease and determined the rental amounts to be at market rates. Sellers Notes Note Payable to the Sellers of Kinetic In connection with the purchase of Kinetic (see Note 3), on June 28, 2022, Precision Marshall entered into a seller financed loan in the amount of $ 3.0 million with the previous owners of Kinetic. The Sellers Subordinated Acquisition Note bears interest at 7.0 % per annum, with interest payable quarterly in arrears. The Sellers Subordinated Acquisition Note has a maturity date of September 27, 2027 . As of March 31, 2023 , the remaining principal balance was $ 3.0 million. Note Payable to the Seller of Flooring Liquidators In connection with the purchase of Flooring Liquidators, on January 18, 2023, Flooring Affiliated Holdings, LLC (“Buyer”) entered into a seller financed mezzanine loan in the amount of $ 34.0 million with the previous owners of Flooring Liquidators. The Seller Subordinated Acquisition Note (“Sellers Note”) bears interest at 8.24 % per annum, with interest payable monthly in arrears beginning on January 18, 2024. The Sellers Note, has a maturity date of January 18, 2028 . The fair value assigned to the Sellers Note, as calculated by an independent third-party firm, was $ 31.7 million, or a discount of $ 2.3 million. The $ 2.3 million discount is being accreted to interest expense, using the effective interest rate method, as required by GAAP, over the term of the Sellers Note. As of March 31, 2023 , the carrying value of the Sellers Note was approximately $ 31.8 million.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 16: Commitments and Contingencies Litigation SEC Investigation On February 21, 2018, the Company received a subpoena from the Securities and Exchange Commission (“SEC”) and a letter from the SEC stating that it is conducting an investigation. The subpoena requested documents and information concerning, among other things, the restatement of the Company’s financial statements for the quarterly periods ended December 31, 2016, March 31, 2017, and June 30, 2017, the acquisition of Marquis Industries, Inc., Vintage Stock, Inc., and ApplianceSmart, Inc., and the change in auditors. On August 12, 2020, three of the Company’s corporate executive officers (together, the “Executives”) each received a “Wells Notice” from the Staff of the SEC relating to the Company’s SEC investigation. On October 7, 2020, the Company received a “Wells Notice” from the Staff of the SEC relating to the Company’s previously-disclosed SEC investigation. The Wells Notices related to, among other things, the Company’s reporting of its financial performance for its fiscal year ended September 30, 2016, certain disclosures related to executive compensation, and its previous acquisition of ApplianceSmart, Inc. A Wells Notice is neither a formal charge of wrongdoing nor a final determination that the recipient has violated any law. The Wells Notices informed the Company and the Executives that the SEC Staff has made a preliminary determination to recommend that the SEC file an enforcement action against the Company and each of the Executives to allege certain violations of the federal securities laws. On October 1, 2018, the Company received a letter from the SEC requesting information regarding a potential violation of Section 13(a) of the Securities Exchange Act of 1934, based upon the timing of the Company’s Form 8-K filed on February 14, 2018. The Company cooperated fully with the SEC inquiry and provided a response to the SEC on October 26, 2018. On August 2, 2021, the SEC filed a civil complaint (the “SEC Complaint”) in the United States District Court for the District of Nevada naming the Company and two of its executive officers as defendants (collectively, the "Company Defendants") as well as certain other third parties. The SEC Complaint alleges various financial, disclosure, and reporting violations related to income and earnings per share, purported undisclosed stock promotion and trading, and undisclosed executive compensation from 2016 through 2018. The violations are brought under Section 10(b) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5; Sections 13(a), 13(b)(2)(B) and 13(b)(5) of the Exchange Act and Rules 12b-20, 13a-1, 13a-14, 13a-13, 13b2-1, 13b2-2; Section 14(a) of the Exchange Act and Rule 14a-3; and Section 17(a) of the Securities Act of 1933. The SEC seeks permanent injunctions against the Company Defendants, officer-and-director bars, disgorgement of profits, and civil penalties. The foregoing is only a general summary of the SEC Complaint, which may be accessed on the SEC’s website at https://www.sec.gov/litigation/litreleases/2021/lr25155.htm. On October 1, 2021, the Company Defendants and third-party defendants moved to dismiss the complaint. On September 7, 2022, the court denied the Company Defendants’ motion to dismiss, but granted one of the third-party defendant’s motions to dismiss, granting the SEC leave to file an amended complaint. On September 21, 2022, the SEC filed an amended complaint to which the Company Defendants filed an answer on October 11, 2022, denying liability. The court subsequently entered a discovery scheduling order and the parties exchanged initial disclosures. The parties have agreed to participate in a mediation and to continue the remainder of discovery until after the mediation, scheduled to take place in June 2023. The Company Defendants strongly dispute and deny the allegations and intend to continue to defend themselves vigorously against the claims. Sieggreen Class Action On August 13, 2021, Daniel E. Sieggreen, individually and on behalf of all others similarly situated, filed a class action complaint for violation of federal securities laws in the United States District Court for the District of Nevada, naming as defendants the Company and the two executive officers named in the SEC Complaint described above. The allegations asserted are similar to those in the SEC Complaint. Among other relief, the complaint seeks damages in connection with the purchases and sales of the Company’s securities between December 28, 2016 and August 3, 2021. As of December 17, 2021, the judge granted a stipulation to stay proceedings pending the resolutions of the motions to dismiss in the SEC Complaint. On February 1, 2023, the final motion to dismiss relating to the SEC Complaint was denied, which was subsequently noticed in the Sieggreen action on February 2, 2023. Plaintiff filed his Amended Complaint on March 6, 2023. On May 5, 2023, the Company and its executives filed a Motion to Dismiss the Amended Complaint. They strongly dispute and deny the allegations at issue in this case and intend to continue to defend themselves vigorously against these claims. Holdback Matter On October 10, 2022, a representative for the former shareholders of Precision Marshall filed a civil complaint in the Court of Chancery of the State of Delaware. The complaint alleges that the Company violated the terms of an agreement and plan of merger dated July 14, 2020, by failing to pay the shareholders a certain indemnity holdback of $ 2,500,000 . Plaintiff alleged that he effectuated service of the complaint on the Company, but the Company did not receive notification of the action until it received an Application for Default Judgment filed with the court on December 26, 2022. On December 28, 2022, the Court issued a letter order questioning its jurisdiction over the matter and directed plaintiff’s counsel to submit briefing as to why it believes jurisdiction is proper. Plaintiff filed its brief on January 13, 2023. On April 13, 2023, the Court dismissed the action in its entirety for lack of jurisdiction, rendering the Application for Default Judgment moot. On January 12, 2023, and after jurisdiction over the case was questioned by the Court of Chancery, State of Delaware, plaintiff filed a substantially identical complaint in the Western District of Pennsylvania. After the Delaware action was dismissed, plaintiff requested that counsel waive service of the Pennsylvania complaint. On April 19, 2023, the Company agreed to waive service. The Company’s response to the Complaint is now due on June 19, 2023. The Company intends to defend against these claims vigorously. Wage and Hour Matter On July 27, 2022, Irma Sanchez, a former employee of Elite Builder Services, Inc. (“Elite Builders”), filed a class action complaint against Elite Builders in the Superior Court of California, County of Alameda. The complaint alleges that Elite Builders failed to pay all minimum and overtime wages, failed to provide lawful meal periods and rest breaks, failed to provide accurate itemized wage statements, and failed to pay all wages due upon separation as required by California law. The complaint was later amended as a matter of right on October 4, 2022. Further, Ms. Sanchez has put the Labor & Workforce Development Agency on notice to exhaust administrative remedies and enable her to bring an additional claim under the California Labor Code Private Attorneys General Act, which permits an employee to assert a claim for violations of certain California Labor Code provisions on behalf of all aggrieved employees to recover statutory penalties. A Motion for Change of Venue to Stanislaus County was filed by Elite Builders on December 7, 2022. The hearing on the motion was heard on February 8, 2023. Elite Builders’ motion to change venue was granted. Company believes that Mr. Sanchez’s claims lack merit and intends to defend this action vigorously. The Company is currently unable to estimate the range of possible losses associated with this proceeding since no discovery has commenced and the scope of class is not yet known. Consumer Protection Act On December 4, 2022, Sheila Thompson and Dennis Thompson filed a Complaint in the 21st Judicial Circuit Court of St. Louis County, Missouri asserting putative class claims arising under the Telephone Consumer Protection Act, 47 U.S.C. 227, and related Missouri state law claims pertaining to purportedly unsolicited text message advertisements. Vintage Stock, Inc. (“Vintage”) was served on December 13, 2022. On January 11, 2023, Vintage timely removed the case from the state court into federal court. On February 8, 2023, Vintage filed a Motion to Dismiss and Motion to Strike Class Allegations. On March 1, 2023, plaintiffs filed their First Amended Complaint that mooted the pending motion. On March 15, 2023, Vintage moved to dismiss and/or strike the First Amended Complaint. The motion is fully briefed and stands submitted to the Court for decision. Vintage disputes the allegations and intends to defend itself vigorously against the claims in the First Amended Complaint. As the case is still in the pleading stage, it is premature to estimate potential liability. Salomon Whitney Settlement Effective March 31, 2023, the Company entered into a settlement agreement with the Principal ownership of Salomon Whitney, LLC to pay the Company $ 1.0 million within 10 days of the effective date, and agreed to pay an additional $ 1.0 million within 45 days of the effective date if certain conditions of the settlement agreement are not met. The Company recorded a receivable for the initial payment of $ 1.0 million on March 31, 2023, which it has recorded as other income in its condensed consolidated statements of income, and payment was received on April 17, 2023. Generally The Company is involved in various claims and lawsuits arising in the normal course of business. The ultimate results of claims and litigation cannot be predicted with certainty. The Company currently believes that the ultimate outcome of such lawsuits and proceedings will not, individually, or in the aggregate, have a material adverse effect on our condensed consolidated financial position, results of operations or cash flows. As applicable, liabilities pertaining to these matters, that are probable and estimable, have been accrued.

Segment Reporting

Segment Reporting	6 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Reporting	Note 17: Segment Reporting The Company operates in four operating segments which are characterized as: (1) Retail-Entertainment, (2) Retail-Flooring, (3) Flooring Manufacturing, (4) Steel Manufacturing, and (5) Corporate and Other. The Retail-Entertainment segment consists of Vintage Stock; the Retail-Flooring segment consists of Flooring Liquidators,; the Flooring Manufacturing Segment consists of Marquis; and the Steel Manufacturing Segment consists of Precision Marshall and Kinetic. The following tables summarize segment information (in $000's): For the Three Months Ended March 31, For the Six Months Ended March 31, 2023 2022 2023 2022 Revenues Retail-Entertainment $ 19,188 $ 20,741 $ 42,461 $ 46,952 Retail-Flooring 20,769 — 20,769 — Flooring Manufacturing 30,340 32,772 56,772 65,644 Steel Manufacturing 19,916 14,027 37,897 26,393 Corporate & Other 909 2,166 2,209 5,875 Total revenues $ 91,122 $ 69,706 $ 160,108 $ 144,864 Gross profit Retail-Entertainment $ 10,654 $ 11,110 $ 22,864 $ 24,500 Retail-Flooring 7,742 — 7,742 — Flooring Manufacturing 7,328 8,580 11,989 17,609 Steel Manufacturing 5,647 4,252 10,040 7,867 Corporate & Other 237 1,011 917 2,593 Total gross profit $ 31,608 $ 24,953 $ 53,552 $ 52,569 Operating income (loss) Retail-Entertainment $ 2,327 $ 3,132 $ 5,991 $ 7,942 Retail-Flooring ( 216 ) — ( 216 ) — Flooring Manufacturing 2,406 3,875 3,158 8,483 Steel Manufacturing 2,814 2,719 4,270 4,373 Corporate & Other ( 2,379 ) ( 1,277 ) ( 3,684 ) ( 1,942 ) Total operating income $ 4,952 $ 8,449 $ 9,519 $ 18,856 Depreciation and amortization Retail-Entertainment $ 321 $ 296 $ 633 $ 636 Retail-Flooring 995 — 995 — Flooring Manufacturing 1,082 780 2,193 1,559 Steel Manufacturing 1,114 281 2,207 515 Corporate & Other 133 139 269 335 Total depreciation and amortization $ 3,645 $ 1,496 $ 6,297 $ 3,045 Interest expense Retail-Entertainment $ 152 $ 84 $ 306 $ 236 Retail-Flooring 1,021 — 1,021 — Flooring Manufacturing 1,067 462 2,054 893 Steel Manufacturing 841 182 1,628 479 Corporate & Other 154 130 273 267 Total interest expenses $ 3,235 $ 858 $ 5,282 $ 1,875 Net income before provision for income taxes Retail-Entertainment $ 2,178 $ 14,593 $ 5,716 $ 19,293 Retail-Flooring ( 1,390 ) — ( 1,390 ) — Flooring Manufacturing 1,214 3,337 901 7,382 Steel Manufacturing 1,715 2,002 1,983 3,315 Corporate & Other ( 1,609 ) ( 1,051 ) ( 2,643 ) ( 1,603 ) Total net income before provision for income taxes $ 2,108 $ 18,881 $ 4,567 $ 28,387

Subsequent Events

Subsequent Events	6 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 18: Subsequent Events The Company has evaluated subsequent events through the filing of this Form 10-Q, and determined that there have been no events that have occurred that would require adjustments to disclosures in its condensed consolidated financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The unaudited condensed financial statements include the accounts of the Company, its majority owned subsidiaries over which the Company exercises control, and a variable interest entity (“VIE”). The Company records a non-controlling interest within stockholders’ equity for the portion of the entity’s equity attributed to the consolidated entities that are not wholly owned. All intercompany accounts and transactions have been eliminated in consolidation. These reclassifications have no material effect on the reported financial results.
Reclassification	Reclassifications Certain amounts in the prior period have been reclassified to conform to the current period presentation.
Use of Estimates	Use of Estimates The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made in connection with the accompanying condensed consolidated financial statements include the estimated reserve for doubtful accounts, the estimated reserve for excess and obsolete inventory, fair values of goodwill, other intangibles and long-lived assets in connection with an acquisition, fair values in connection with the analysis of goodwill, other intangibles and long-lived assets for impairment, valuation allowance against deferred tax assets, and estimated useful lives for intangible assets and property and equipment.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04 - Reference Rate Reform (Topic 848), codified as ASC 848 (“ASC 848”). The purpose of ASC 848 is to provide optional guidance to ease the potential effects on financial reporting of the market-wide migration away from Interbank Offered Rates to alternative reference rates. ASC 848 applies only to contracts, hedging relationships, and other transactions that reference a reference rate expected to be discontinued because of reference rate reform. Effective December 31, 2021, the Secured Overnight Financing Rate (“SOFR”) replaced the USD London Interbank-Offered Rate (“LIBOR”) for most financial benchmarking. The guidance may be applied upon issuance of ASC 848 through December 31, 2022. The Company has adopted this new accounting standard on its condensed consolidated financial statements and related disclosures; however, adoption of this ASU is anticipated to have no material impact on the Company's financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Mar. 31, 2023
Business Acquisition [Line Items]
Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Goodwill	Total purchase price $ 24,732 Accounts payable 571 Accrued liabilities 1,848 Total liabilities assumed 2,419 Total consideration 27,151 Cash 287 Accounts receivable 3,073 Inventory 6,429 Property, plant and equipment 12,855 Intangible assets 1,000 Other assets 480 Total assets acquired 24,124 Total goodwill $ 3,027
Summary of Summary of Proforma Information for the Company	The table below presents selected proforma information for the Company for the three- and six-month periods ended March 31, 2023, assuming that the acquisition had occurred on October 1, 2021 (the beginning of the Company’s 2022 fiscal year), pursuant to ASC 805-10-50 (in $000's). This proforma information does not purport to represent what the actual results of operations of the Company would have been had the acquisition occurred on that date, nor does it purport to predict the results of operations for future periods. As Reported Adjustments Proforma Live Unaudited Three Months Ended March 31, 2023 Flooring Liquidators Unaudited Three Months Ended March 31, 2023 Adjustments (1) LIVE for the Three Months Ended March 31, 2023 Net revenue $ 91,122 $ 4,222 $ 95,344 Net income $ 1,558 $ ( 2,188 ) $ ( 300 ) $ ( 930 ) Earnings per basic $ 0.50 $ ( 0.30 ) Earnings per basic $ 0.49 $ ( 0.29 ) As Reported Adjustments Proforma Live Unaudited Three Months Ended March 31, 2022 Flooring Liquidators Unaudited Three Months Ended March 31, 2022 Adjustments (1) LIVE for the Three Months Ended March 31, 2022 Net revenue $ 69,706 $ 29,205 $ 98,911 Net income $ 15,358 $ 1,886 $ ( 1,946 ) $ 15,298 Earnings per basic $ 4.90 $ 4.88 Earnings per basic $ 4.84 $ 4.82 As Reported Adjustments Proforma Live Unaudited Six Months Ended March 31, 2023 Flooring Liquidators Unaudited Six Months Ended March 31, 2023 Adjustments (1) LIVE for the Six Months Ended March 31, 2023 Net revenue $ 160,108 $ 37,702 $ 197,810 Net income 3,402 $ ( 1,033 ) $ ( 2,226 ) $ 143 Earnings per basic $ 1.10 $ 0.05 Earnings per basic $ 1.08 $ 0.05 As Reported Adjustments Proforma Live Unaudited Six Months Ended March 31, 2022 Flooring Liquidators Unaudited Six Months Ended March 31, 2022 Adjustments (1) LIVE for the Six Months Ended March 31, 2022 Net revenue $ 144,864 $ 59,850 $ 204,714 Net income $ 21,904 $ 5,221 $ ( 3,818 ) $ 23,307 Earnings per basic $ 6.96 $ 7.40 Earnings per basic $ 6.87 $ 7.31 (1) Adjustments are related to adjustments made for the following: • Amortization expense of definite-lived intangible assets has been adjusted based on the preliminary fair value at the acquisition date. • Interest expense has been adjusted to include proforma interest expense that would have been incurred as a result of the acquisition financing obtained by the Company. • Elimination of revenues and costs of revenues associated with sales between Flooring Liquidators and the Company prior to acquisition.
Flooring Liquidators
Business Acquisition [Line Items]
Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Goodwill	Total purchase price $ 78,700 Less fair value of the holdback option — Net purchase price $ 78,700 Accounts payable 5,189 Accrued liabilities 9,182 Debt 60 Total liabilities assumed 14,431 Total consideration 93,131 Cash 7,871 Accounts receivable 4,824 Inventory 19,944 Property, plant and equipment 4,678 Intangible assets Trade names $ 13,275 Customer relationships 7,700 Non-compete agreements 1,625 Other 49 Subtotal intangible assets 22,649 Other 4,440 Total assets acquired 64,406 Total goodwill $ 28,725
Better Backers
Business Acquisition [Line Items]
Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Goodwill	Total purchase price $ 3,166 Inventory 748 Property, plant and equipment 2,118 Intangible assets 300 Total assets acquired 3,166

Leases (Tables)

Leases (Tables)	6 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Schedule of Right of Use Assets and Lease Liabilities	The following table details our right of use assets and lease liabilities as of March 31, 2023 and September 30, 2022 (in $000's): March 31, 2023 September 30, 2022 Right of use asset - operating leases $ 45,504 $ 33,659 Right of use asset - finance leases 387 — Lease liabilities: Current - operating 10,688 7,851 Current - finance 341 217 Long term - operating 39,611 30,382 Long term - finance 19,930 19,568
Schedule of Present Value of Future Lease Payments	Total present value of future lease payments of operating leases as of March 31, 2023 (in $000's): Twelve months ended March 31, 2023 $ 10,688 2024 8,941 2025 7,580 2026 6,167 2027 4,796 Thereafter 15,338 Total 53,510 Less implied interest ( 3,211 ) Present value of payments $ 50,299 Total present value of future lease payments of finance leases as of March 31, 2023 (in $000's): Twelve months ended March 31, 2023 $ 341 2024 850 2025 753 2026 681 2027 617 Thereafter 29,913 Total 33,155 Less implied interest ( 12,884 ) Present value of payments $ 20,271

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Mar. 31, 2023
Inventory Disclosure [Abstract]
Schedule of Inventory	The following table details the Company's inventory as of March 31, 2023 and September 30, 2022 (in $000's): Inventory, net March 31, 2023 September 30, 2022 Raw materials $ 32,656 $ 35,829 Work in progress 8,694 7,539 Finished goods 33,802 32,814 Merchandise 43,316 23,900 118,468 100,082 Less: Inventory reserves ( 2,749 ) ( 2,423 ) Total inventory, net $ 115,719 $ 97,659

Property, Plant & Equipment (Ta

Property, Plant & Equipment (Tables)	6 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment	The following table details the Company's property and equipment as of March 31, 2023 and September 30, 2022 (in $000's): March 31, 2023 September 30, 2022 Property and equipment, net: Land $ 2,064 $ 2,029 Building and improvements 24,408 26,761 Transportation equipment 3,038 622 Machinery and equipment 55,685 53,739 Furnishings and fixtures 6,036 4,407 Office, computer equipment and other 7,564 3,699 98,795 91,257 Less: Accumulated depreciation ( 31,697 ) ( 26,667 ) $ 67,098 $ 64,590

Intangibles (Tables)

Intangibles (Tables)	6 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	The following table details the Company's intangibles as of March 31, 2023 and September 30, 2022 (in $000's): March 31, 2023 September 30, 2022 Intangible assets, net: Intangible assets - Domain names $ 14,082 $ 808 Intangible assets - Customer relationships 12,298 4,598 Intangible assets - Other 2,261 587 28,641 5,993 Less: Accumulated amortization ( 3,392 ) ( 2,149 ) Total intangibles, net $ 25,249 $ 3,844
Schedule of future amortization expense related to intangible assets	The following table summarizes estimated future amortization expense related to intangible assets that have net balances (in $000’s): 2024 $ 4,308 2025 4,207 2026 4,207 2027 4,139 2028 3,835 Thereafter 4,553 $ 25,249

Goodwill - (Tables)

Goodwill - (Tables)	6 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Company's goodwill	The following table details the Company's goodwill as of March 31, 2023 (in $000's): Retail Flooring Manufacturing Steel Manufacturing Corporate Total September 30, 2022 36,947 807 3,339 — 41,093 Additions — — — — — Kinetic fair value adjustment — — ( 312 ) — ( 312 ) Flooring Liquidators acquisition 25,394 25,394 Flooring Liquidators tax adjustment 3,331 3,331 Impairment — — — — — March 31, 2023 $ 65,672 $ 807 $ 3,027 $ — $ 69,506 As of March 31, 2023 , the Company did not identify any triggering events that would require impairment testing.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Mar. 31, 2023
Accrued Liabilities Abstract
Schedule Of Accrued Liabilities	The following table details the Company's accrued liabilities as of March 31, 2023 and September 30, 2022, respectively (in $000's): March 31, 2023 September 30, 2022 Accrued liabilities: Accrued payroll and bonuses $ 4,657 $ 4,838 Accrued sales and use taxes 1,862 1,905 Accrued customer deposits 3,996 — Accrued gift card and escheatment liability 1,780 1,696 Accrued interest payable 963 390 Accrued accounts payable and bank overdrafts 1,008 1,731 Accrued professional fees 1,054 1,924 Accrued expenses - other 6,145 4,002 Total accrued liabilities $ 21,465 $ 16,486

Long Term Debt (Tables)

Long Term Debt (Tables)	6 Months Ended
	Mar. 31, 2023
Schedule of Long-term Debt	Long-term debt as of March 31, 2023 and September 30, 2022 consisted of the following (in $000's): March 31, 2023 September 30, 2022 Revolver loans $ 55,419 $ 43,107 Equipment loans 17,525 13,716 Term loans 9,288 7,941 Other notes payable 16,176 14,501 Total notes payable 98,408 79,265 Less: unamortized debt issuance costs ( 590 ) ( 626 ) Net amount 97,818 78,639 Less: current portion ( 30,288 ) ( 18,935 ) Total long-term debt $ 67,530 $ 59,704
Schedule of Future Maturities of Long-term Debt	Future maturities of long-term debt at March 31, 2023, are as follows which does not include related party debt separately stated (in $000's): Twelve months ending March 31, 2024 $ 30,288 2025 5,723 2026 15,290 2027 5,299 2028 30,281 Thereafter 10,937 Total future maturities of long-term debt $ 97,818

Notes Payable, Related Parties

Notes Payable, Related Parties (Tables)	6 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-term Related Parties	Long-term debt, related parties as of March 31, 2023 and September 30, 2022 consisted of the following (in $000's): March 31, 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 ( 2,325 ) — Net amount 45,675 7,000 Less: current portion — ( 2,000 ) Total long-term portion, related parties $ 45,675 $ 5,000
Schedule of Future Maturities of Notes	Twelve months ending March 31, 2023 $ — 2024 4,000 2025 2,000 2026 — 2027 3,000 Thereafter 39,000 Total future maturities of long-term debt, related parties $ 48,000

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Summary of Stock Option Activity	The following table summarizes stock option activity for the fiscal year ended September 30, 2022 and the six months ended March 31, 2023: Number of Weighted Weighted Intrinsic Outstanding at September 30, 2021 87,500 $ 18.81 1.78 $ 1,626 Outstanding at September 30, 2022 87,500 $ 18.81 0.78 $ 771 Exercisable at September 30, 2022 87,500 $ 18.81 0.78 $ 771 Outstanding at September 30, 2022 87,500 $ 18.81 0.78 $ 771 Outstanding at March 31, 2023 87,500 $ 18.81 0.85 $ 1,160 Exercisable at March 31, 2023 87,500 $ 18.81 0.85 $ 1,160
Schedule of weighted average fair value ("WAFV") of unvested restricted stock awards	The following table presents the number and weighted average fair value ("WAFV") of unvested restricted stock awards: Series A Restricted Stock Awards WAFV Outstanding at September 30, 2022 — $ — Granted 27,307 $ 36.62 Vested — $ — Canceled $ — Non-vested at December 31, 2022 27,307 $ 36.62

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Earnings Per Share	The following table presents the computation of basic and diluted net earnings per share (in $000's): Three Months Ended March 31, 2023 Six Months Ended March 31, 2023 2022 2023 2022 Basic Net income $ 1,558 $ 15,358 $ 3,402 $ 21,904 Less: preferred stock dividends — — — — Net income applicable to common stock $ 1,558 $ 15,358 $ 3,402 $ 21,904 Weighted average common shares outstanding 3,143,911 3,134,540 3,101,007 3,148,059 Basic earnings per share $ 0.50 $ 4.90 $ 1.10 $ 6.96 Diluted Net income applicable to common stock $ 1,558 $ 15,358 $ 3,402 $ 21,904 Add: preferred stock dividends — — — — Net income applicable for diluted earnings per share $ 1,558 $ 15,358 $ 3,402 $ 21,904 Weighted average common shares outstanding 3,143,911 3,134,540 3,101,007 3,148,059 Add: Options 40,832 38,102 36,379 38,825 Add: Series B Preferred Stock — — — — Add: Series B Preferred Stock Warrants — — — — Add: Series E Preferred Stock 239 239 239 239 Assumed weighted average common shares outstanding 3,184,982 3,172,881 3,137,625 3,187,123 Diluted earnings per share $ 0.49 $ 4.84 $ 1.08 $ 6.87

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Summary of Segment Information	The following tables summarize segment information (in $000's): For the Three Months Ended March 31, For the Six Months Ended March 31, 2023 2022 2023 2022 Revenues Retail-Entertainment $ 19,188 $ 20,741 $ 42,461 $ 46,952 Retail-Flooring 20,769 — 20,769 — Flooring Manufacturing 30,340 32,772 56,772 65,644 Steel Manufacturing 19,916 14,027 37,897 26,393 Corporate & Other 909 2,166 2,209 5,875 Total revenues $ 91,122 $ 69,706 $ 160,108 $ 144,864 Gross profit Retail-Entertainment $ 10,654 $ 11,110 $ 22,864 $ 24,500 Retail-Flooring 7,742 — 7,742 — Flooring Manufacturing 7,328 8,580 11,989 17,609 Steel Manufacturing 5,647 4,252 10,040 7,867 Corporate & Other 237 1,011 917 2,593 Total gross profit $ 31,608 $ 24,953 $ 53,552 $ 52,569 Operating income (loss) Retail-Entertainment $ 2,327 $ 3,132 $ 5,991 $ 7,942 Retail-Flooring ( 216 ) — ( 216 ) — Flooring Manufacturing 2,406 3,875 3,158 8,483 Steel Manufacturing 2,814 2,719 4,270 4,373 Corporate & Other ( 2,379 ) ( 1,277 ) ( 3,684 ) ( 1,942 ) Total operating income $ 4,952 $ 8,449 $ 9,519 $ 18,856 Depreciation and amortization Retail-Entertainment $ 321 $ 296 $ 633 $ 636 Retail-Flooring 995 — 995 — Flooring Manufacturing 1,082 780 2,193 1,559 Steel Manufacturing 1,114 281 2,207 515 Corporate & Other 133 139 269 335 Total depreciation and amortization $ 3,645 $ 1,496 $ 6,297 $ 3,045 Interest expense Retail-Entertainment $ 152 $ 84 $ 306 $ 236 Retail-Flooring 1,021 — 1,021 — Flooring Manufacturing 1,067 462 2,054 893 Steel Manufacturing 841 182 1,628 479 Corporate & Other 154 130 273 267 Total interest expenses $ 3,235 $ 858 $ 5,282 $ 1,875 Net income before provision for income taxes Retail-Entertainment $ 2,178 $ 14,593 $ 5,716 $ 19,293 Retail-Flooring ( 1,390 ) — ( 1,390 ) — Flooring Manufacturing 1,214 3,337 901 7,382 Steel Manufacturing 1,715 2,002 1,983 3,315 Corporate & Other ( 1,609 ) ( 1,051 ) ( 2,643 ) ( 1,603 ) Total net income before provision for income taxes $ 2,108 $ 18,881 $ 4,567 $ 28,387

Background and Basis of Prese_2

Background and Basis of Presentation - Additional Information (Details)	6 Months Ended
	Mar. 31, 2023 Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	4

Acquisitions - Summary of purch

Acquisitions - Summary of purchase price allocation of the purchase for Flooring Liquidators to the acquired identifiable assets, liabilities assumed and goodwill (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Jan. 18, 2023
Business Combination Segment Allocation [Line Items]
Net purchase price		$ 78,700
Flooring Liquidators
Business Combination Segment Allocation [Line Items]
Total purchase price	$ 78,700
Net purchase price	78,700
Accounts payable	5,189
Accrued liabilities	9,182
Debt	60
Total liabilities assumed	14,431
Total consideration	93,131
Cash	7,871
Accounts receivable	4,824
Inventory	19,944
Property, plant and equipment	4,678
Intangible assets	22,649
Other assets	4,440
Total assets acquired	64,406
Total goodwill	28,725	$ 28,700
Flooring Liquidators | Trade names
Business Combination Segment Allocation [Line Items]
Intangible assets	13,275
Flooring Liquidators | Other
Business Combination Segment Allocation [Line Items]
Intangible assets	49
Flooring Liquidators | Customer relationships
Business Combination Segment Allocation [Line Items]
Intangible assets	7,700
Flooring Liquidators | Non-compete agreements
Business Combination Segment Allocation [Line Items]
Intangible assets	$ 1,625

Acquisitions - Summary of Summa

Acquisitions - Summary of Summary of Proforma Information for the Company (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Business Combination Segment Allocation [Line Items]
Net revenue		$ 59,514	$ 44,753	$ 106,556	$ 92,295
Net income		$ 1,558	$ 15,358	$ 3,402	$ 21,904
Basic earnings per share		$ 0.50	$ 4.90	$ 1.10	$ 6.96
Diluted earnings per share		$ 0.49	$ 4.84	$ 1.08	$ 6.87
Live Unaudited
Business Combination Segment Allocation [Line Items]
Net revenue		$ 91,122	$ 69,706	$ 160,108	$ 144,864
Net income		$ 1,558	$ 15,358	$ 3,402	$ 21,904
Basic earnings per share		$ 0.50	$ 4.90	$ 1.10	$ 6.96
Diluted earnings per share		$ 0.49	$ 4.84	$ 1.08	$ 6.87
Adjustments
Business Combination Segment Allocation [Line Items]
Net income	[1]	$ (300)	$ (1,946)	$ (2,226)	$ (3,818)
Pro Forma
Business Combination Segment Allocation [Line Items]
Net revenue		95,344	98,911	197,810	204,714
Net income		$ (930)	$ 15,298	$ (143)	$ 23,307
Basic earnings per share		$ (0.30)	$ 4.88	$ (0.05)	$ 7.40
Diluted earnings per share		$ (0.29)	$ 4.82	$ (0.05)	$ 7.31
Flooring Liquidators
Business Combination Segment Allocation [Line Items]
Net revenue		$ 4,222	$ 29,205	$ 37,702	$ 59,850
Net income		$ (2,188)	$ 1,886	$ (1,033)	$ 5,221
[1] (1) Adjustments are related to adjustments made for the following: • Amortization expense of definite-lived intangible assets has been adjusted based on the preliminary fair value at the acquisition date. • Interest expense has been adjusted to include proforma interest expense that would have been incurred as a result of the acquisition financing obtained by the Company. • Elimination of revenues and costs of revenues associated with sales between Flooring Liquidators and the Company prior to acquisition.

Acquisitiions - Summary of Purc

Acquisitiions - Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Good (Details) - Kinetic Industries $ in Thousands	3 Months Ended
	Dec. 31, 2022 USD ($)
Business Combination Segment Allocation [Line Items]
Total purchase price	$ 24,732
Accounts payable	571
Accrued liabilities	1,848
Total liabilities assumed	2,419
Total consideration	27,151
Cash	287
Accounts receivable	3,073
Inventory	6,429
Property, plant and equipment	12,855
Intangible assets	1,000
Other assets	480
Total assets acquired	24,124
Total goodwill	$ 3,027

Acquisitions - Summary of pur_2

Acquisitions - Summary of purchase price allocation of Better Backers to the acquired identifiable assets (Details) - Better Backers $ in Thousands	6 Months Ended
	Mar. 31, 2023 USD ($)
Business Combination Segment Allocation [Line Items]
Total purchase price	$ 3,166
Inventory	748
Property, plant and equipment	2,118
Intangible assets	300
Total assets acquired	$ 3,166

Acquisitions (Additional Inform

Acquisitions (Additional Information) (Details) - USD ($)				3 Months Ended		6 Months Ended
	Jan. 18, 2023	Jul. 01, 2022	Jun. 28, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2023	Jan. 20, 2022
Business Combination Segment Allocation [Line Items]
Proceeds from Sale of Other Real Estate			$ 8,300,000
Lessee, Operating Lease, Remaining Lease Term				20 years		20 years
Rent esclation per annum						2%
Net purchase price	$ 78,700,000
Business combination, Holdback amount	2,000,000
Note Amount	34,000,000
Additional consideration	2,000,000
Common shares value	$ 4,000,000			$ 3,200,000
Common stock issued	116,441			116,441
Cash
Business Combination Segment Allocation [Line Items]
Additional consideration	$ 1,000,000
Precision Industries Affiliated Holdings
Business Combination Segment Allocation [Line Items]
Ownership Percentage by Parent			100%
Restricted Stock Units
Business Combination Segment Allocation [Line Items]
Additional consideration	1,000,000
Sale Lease Back Transaction
Business Combination Segment Allocation [Line Items]
Related Party Transaction, Other Revenues from Transactions with Related Party						$ 600,000,000
Revolving Credit Facility
Business Combination Segment Allocation [Line Items]
Credit line maximum			$ 11,000,000
Total goodwill				$ 3,000,000		3,000,000
Goodwill recognized				3,000,000		3,000,000
Flooring Liquidators
Business Combination Segment Allocation [Line Items]
Total goodwill	28,700,000			28,725,000		28,725,000
Goodwill arising from the acquisition to be fully deductible for tax purposes				13,400,000		13,400,000
Purchase price for Equity Interests	83,800,000
Net purchase price				78,700,000		78,700,000
Goodwill recognized	$ 28,700,000			28,725,000		28,725,000
Cash paid to the Seller Representative						41,800,000
Total purchase price						78,700,000
Flooring Liquidators | Precision Industries Affiliated Holdings
Business Combination Segment Allocation [Line Items]
Ownership Percentage by Parent	100%
Kinetic Industries
Business Combination Segment Allocation [Line Items]
Credit line maximum							$ 6,000,000
Payments to Acquire Businesses, Gross						3,000,000
Cash Acquired from Acquisition			1,700,000
Contingent Earn Out Liability				997,000,000		997,000,000
Working Capital Adjustment				400,000,000		400,000,000
Fair value adjustment				$ 312,000,000		$ 312,000,000
Total goodwill					$ 3,027,000
Goodwill recognized					3,027,000
Total purchase price					$ 24,732,000
Kinetic Industries | Sale Lease Back Transaction
Business Combination Segment Allocation [Line Items]
Revenue Recognition, Multiple-deliverable Arrangements, Determination of Selling Price, Amount			8,900,000
Sale Leaseback Transaction, Net Book Value			547,000
Kinetic Industries | Revolving Credit Facility
Business Combination Segment Allocation [Line Items]
Credit line maximum			$ 24,700,000
Better Backer
Business Combination Segment Allocation [Line Items]
Lessee, Operating Lease, Remaining Lease Term		20 years
Rent esclation per annum		2.50%
Business Acquisitions, Purchase Price Allocation, Year of Acquisition, Net Effect on Income		$ 1,800,000
Deposit Assets, Present Value of Expected Recoveries		1,400,000
Line of Credit Facility, Annual Principal Payment		1,500,000
Fair Value of Assets Acquired		9,300,000
Better Backer | Revolving Credit Facility
Business Combination Segment Allocation [Line Items]
Purchase price post-closing adjustments		3,200,000
Better Backer | Maximum [Member] | Lease Agreements
Business Combination Segment Allocation [Line Items]
Related Party Transaction, Other Revenues from Transactions with Related Party		73,000
Better Backer | Minimum [Member] | Lease Agreements
Business Combination Segment Allocation [Line Items]
Related Party Transaction, Other Revenues from Transactions with Related Party		32,000
Isaac Capital Group
Business Combination Segment Allocation [Line Items]
Business Acquisitions, Purchase Price Allocation, Year of Acquisition, Net Effect on Income		1,800,000
Marquis Industries Inc
Business Combination Segment Allocation [Line Items]
Other Ownership Interests, Contributed Capital		$ 1,800,000

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Leased Assets [Line Items]
Weighted average remaining lease term	8 years 7 months 6 days
Finance Lease Weighted Average Remaining Lease Term 1	27 years 1 month 6 days
Weighted average discount rate	8.10%
Finance Lease Weighted Average Discount Rate Percent	13.20%
Total cash payments	$ 3,900	$ 4,900
Finance Lease Principal Payments	1,100	0
Right-of-use assets in exchange of lease liabilities	15,600
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	387,000
Gain on lease settlement, net	0	0
Impairment charges	0	$ 0
Flooring Liquidators
Operating Leased Assets [Line Items]
Right-of-use assets in exchange of lease liabilities	14,700
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 387,000

Leases - Schedule of Right of U

Leases - Schedule of Right of Use Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Leases [Abstract]
Right of use asset - operating leases	$ 45,504	$ 33,659
Right of use asset - finance leases	387	0
Current - operating	10,688	7,851
Current - finance	341	217
Long term - operating	39,611	30,382
Long term - finance	$ 19,930	$ 19,568

Leases - Schedule of Present Va

Leases - Schedule of Present Value of operating Lease Payments (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Leases [Abstract]
2023	$ 10,688
2024	8,941
2025	7,580
2026	6,167
2027	4,796
Thereafter	15,338
Total	53,510
Less implied interest	(3,211)
Present value of payments	$ 50,299

Present value of future lease p

Present value of future lease payments of finance leases - - (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Leases [Abstract]
2023	$ 341
2024	850
2025	753
2026	681
2027	617
Thereafter	29,913
Total	33,155
Less implied interest	(12,884)
Present value of payments	$ 20,271

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Inventory [Line Items]
Trade receivables, current, net	$ 29,703	$ 25,665
Raw materials	32,656	35,829
Work in progress	8,694	7,539
Finished goods	33,802	32,814
Merchandise	43,316	23,900
Total inventory, gross	118,468	100,082
Less: Inventory reserves	(2,749)	(2,423)
Total inventory, net	$ 115,719	$ 97,659

Property, Plant & Equipment - S

Property, Plant & Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 98,795	$ 91,257
Less: Accumulated depreciation	(31,697)	(26,667)
Total property and equipment, net	67,098	64,590
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,064	2,029
Building and Improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	24,408	26,761
Transportation Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,038	622
Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	55,685	53,739
Furnishings and Fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	6,036	4,407
Office, Computer Equipment and Other
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 7,564	$ 3,699

Property, Plant & Equipment (Ad

Property, Plant & Equipment (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 2.7	$ 1.3	$ 5.1	$ 2.5

Intangibles - Schedule of Intan

Intangibles - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 28,641	$ 5,993
Less: Accumulated amortization	(3,392)	(2,149)
Total Intangible, net	25,249	3,844
Domain names
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	14,082	808
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	12,298	4,598
Other
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 2,261	$ 587

Intangibles - Schedule of Futur

Intangibles - Schedule of Future Amortization Expense Related to Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 4,308
2025	4,207
2026	4,207
2027	4,139
2028	3,835
Thereafter	4,553
Total Intangible, net	$ 25,249	$ 3,844

Intangibles (Additional Informa

Intangibles (Additional Information) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 992,000	$ 210,000	$ 1,200,000	$ 496,000

Goodwill - Summary of Company's

Goodwill - Summary of Company's goodwill (Details) $ in Thousands	6 Months Ended
	Mar. 31, 2023 USD ($)
Indefinite-Lived Intangible Assets [Line Items]
September 30, 2022	$ 41,093
Additions	0
Kinetic fair value adjustment	(312)
Flooring Liquidators acquisition	25,394
Flooring Liquidators tax adjustment	3,331
Impairment	0
March 31, 2023	69,506
Corporate Segment [Member]
Indefinite-Lived Intangible Assets [Line Items]
September 30, 2022	0
Additions	0
Kinetic fair value adjustment	0
Impairment	0
March 31, 2023	0
Retail Segment [Member]
Indefinite-Lived Intangible Assets [Line Items]
September 30, 2022	36,947
Additions	0
Kinetic fair value adjustment	0
Flooring Liquidators acquisition	25,394
Flooring Liquidators tax adjustment	3,331
Impairment	0
March 31, 2023	65,672
Flooring Manufacturing [Member]
Indefinite-Lived Intangible Assets [Line Items]
September 30, 2022	807
Additions	0
Kinetic fair value adjustment	0
Impairment	0
March 31, 2023	807
Steel Manufacturing [Member]
Indefinite-Lived Intangible Assets [Line Items]
September 30, 2022	3,339
Additions	0
Kinetic fair value adjustment	(312)
Impairment	0
March 31, 2023	$ 3,027

Accrued Liabilities - Schedule

Accrued Liabilities - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Accrued Liabilities, Current [Abstract]
Accrued payroll and bonuses	$ 4,657	$ 4,838
Accrued sales and use taxes	1,862	1,905
Accrued customer deposits	3,996	0
Accrued gift card and escheatment liability	1,780	1,696
Accrued interest payable	963	390
Accrued accounts payable and bank overdrafts	1,008	1,731
Accrued professional fees	1,054	1,924
Accrued expenses - other	6,145	4,002
Total accrued liabilities	$ 21,465	$ 16,486

Long Term Debt - Schedule of Lo

Long Term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Debt Instrument [Line Items]
Total notes payable	$ 98,408	$ 79,265
Less unamortized debt issuance costs	(590)	(626)
Net amount	97,818	78,639
Less current portion	(30,288)	(18,935)
Total long-term debt	67,530	59,704
Revolver Loan [Member]
Debt Instrument [Line Items]
Total notes payable	55,419	43,107
Equipment Loans [Member]
Debt Instrument [Line Items]
Total notes payable	17,525	13,716
Term Loan [Member]
Debt Instrument [Line Items]
Total notes payable	9,288	7,941
Other Notes Payable [Member]
Debt Instrument [Line Items]
Total notes payable	$ 16,176	$ 14,501

Long Term Debt - Schedule of Fu

Long Term Debt - Schedule of Future Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Debt Instrument [Line Items]
Total future maturities of long-term debt	$ 98,408	$ 79,265
Notes Payable
Debt Instrument [Line Items]
2024	30,288
2025	5,723
2026	15,290
2027	5,299
2028	30,281
Thereafter	10,937
Total future maturities of long-term debt	$ 97,818

Long-Term Debt-Eclipse Business

Long-Term Debt-Eclipse Business Capital Loans (Additional Information) (Details) - USD ($) $ in Millions	Jan. 18, 2023	Mar. 31, 2023	Jan. 19, 2023	Jul. 10, 2020
Debt Instrument [Line Items]
Interest rate			12%	10%
Eclipse Business Capital, LLC[Member]
Debt Instrument [Line Items]
Credit line maximum	$ 25
Interest rate	4.50%
Credit balance outstanding		$ 9.7
Maturity date	Jan. 31, 2026
Adjusted term of Interest	The Eclipse Revolver bears interest at 4.5% per annum in excess of Adjusted Term SOFR prior to April 1, 2023, and 3.5% per annum in excess of Adjusted Term SOFR after April 1, 2023.
M&E lending[Member]
Debt Instrument [Line Items]
Credit line maximum	$ 3.5
Interest rate	6%
Credit balance outstanding		$ 2.8
Maturity date	Jan. 31, 2026
Adjusted term of Interest	The Eclipse M&E loan bears interest at 6.0% per annum in excess of Adjusted Term SOFR prior to April 1, 2023, and 5.0% per annum in excess of Adjusted Term SOFR after April 1, 2023.

Long Term Debt - Bank of Americ

Long Term Debt - Bank of America Revolver Loan - Additional Information (Details) - Marquis - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2023	Sep. 30, 2022
Debt Instrument [Line Items]
Credit balance outstanding	$ 4.3	$ 4.8
Bank of America Revolver Loan
Debt Instrument [Line Items]
Credit line maximum	$ 25
Line of credit agreement date	Jan. 31, 2020
Debt periodic frequency	monthly
Credit balance outstanding	$ 10.7	$ 10.1

Long Term Debt - Loan with Fift

Long Term Debt - Loan with Fifth Third Bank (Additional Information) (Details) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 28, 2022	Jan. 20, 2022
Kinetic Industries [Member]
Debt Instrument [Line Items]
Credit line maximum				$ 6
Fifth Third Bank [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date	Jan. 20, 2027
Encina Loans [Member] | Fifth Third Bank [Member]
Debt Instrument [Line Items]
Credit line maximum				29
Reduction In Interest Costs And Availability Of Liquid Funds				3
Credit balance outstanding	$ 2.9	$ 3.2
Machinery and Equipment | Encina Loans [Member] | Fifth Third Bank [Member]
Debt Instrument [Line Items]
Credit line maximum				3.5
Capital expenditure [Member] | Encina Loans [Member] | Fifth Third Bank [Member]
Debt Instrument [Line Items]
Credit line maximum				2.5
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit line maximum			$ 11
Debt Instrument, Maturity Date	Apr. 08, 2024
Revolving Credit Facility [Member] | Kinetic Industries [Member]
Debt Instrument [Line Items]
Credit line maximum			$ 24.7
Revolving Credit Facility [Member] | Encina Loans [Member] | Fifth Third Bank [Member]
Debt Instrument [Line Items]
Credit line maximum				23
Credit balance outstanding	$ 27.1	23.6
Term Loan [Member] | Kinetic Industries [Member]
Debt Instrument [Line Items]
Credit line maximum	$ 4
Debt Instrument, Maturity Date	Jan. 20, 2027
Term Loan [Member] | Fifth Third Bank [Member] | Kinetic Industries [Member]
Debt Instrument [Line Items]
Credit balance outstanding	$ 3.6	$ 4.8
Term Loan One [Member] | Kinetic Industries [Member]
Debt Instrument [Line Items]
Credit line maximum	$ 1			$ 1
Debt Instrument, Maturity Date	Jun. 28, 2025

Long Term Debt - Texas Capital

Long Term Debt - Texas Capital Bank Revolver Loan - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Nov. 03, 2016
Debt Instrument [Line Items]
Letter of credit effective rate	6.79%
Texas Capital Bank Revolver Loan
Debt Instrument [Line Items]
Credit line maximum			$ 12
Credit line expiration period	5 years
Debt periodic frequency	monthly
Credit balance outstanding	$ 7.5	$ 9.4

Long Term Debt - Note Payable t

Long Term Debt - Note Payable to JCM Holdings - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2023	Jan. 19, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Jul. 10, 2020
Debt Instrument [Line Items]
Debt stated interest rate		12%				10%
Marquis
Debt Instrument [Line Items]
Debt face amount			$ 5.7		$ 5.5
Debt stated interest rate	6.50%				3.75%
Letters of Credit Outstanding, Amount	$ 4.3			$ 4.8

Long Term Debt - Equipment Loan

Long Term Debt - Equipment Loans (Additional Information) (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Jan. 19, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Jul. 10, 2020
Debt Instrument [Line Items]
Debt stated interest rate		12%				10%
Long-Term Debt, Gross	$ 98,408			$ 79,265
Equipment Loans [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount	5,600
Long-Term Debt, Gross	17,525			13,716
Marquis
Debt Instrument [Line Items]
Debt face amount			$ 5,700		$ 5,500
Debt periodic payment	79,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 650,000				$ 642,000
Debt stated interest rate	6.50%				3.75%
Letters of Credit Outstanding, Amount	$ 4,300			4,800
Marquis | Banc Note Payable Bank Six [Member]
Debt Instrument [Line Items]
Debt face amount	913,000
Debt periodic payment	$ 14,000
Debt periodic frequency	60 monthly payments
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 197,000
Debt stated interest rate	4.70%
Maturity date	Jul. 31, 2024
Debt Instrument, Date of First Required Payment	Aug. 31, 2019
Letters of Credit Outstanding, Amount	$ 395,000			471,000
Marquis | Banc Note Payable Bank Three [Member]
Debt Instrument [Line Items]
Debt face amount	3,700
Debt periodic payment	$ 52,000
Debt periodic frequency	84 monthly payments
Debt stated interest rate	4.80%
Maturity date	Dec. 31, 2023
Debt Instrument, Date of First Required Payment	Jan. 31, 2017
Letters of Credit Outstanding, Amount	$ 456,000			751,000
Marquis | Banc Note Payable Bank Four [Member]
Debt Instrument [Line Items]
Debt face amount	1,100
Debt periodic payment	$ 16,000
Debt periodic frequency	81 monthly payments
Debt stated interest rate	4.90%
Maturity date	Dec. 31, 2023
Debt Instrument, Date of First Required Payment	Apr. 30, 2017
Letters of Credit Outstanding, Amount	$ 140,000			231,000
Marquis | Banc Note Payable Bank Five [Member]
Debt Instrument [Line Items]
Debt face amount	4,000
Debt periodic payment	$ 55,000
Debt periodic frequency	84 monthly payments
Debt stated interest rate	4.70%
Maturity date	Dec. 31, 2024
Debt Instrument, Date of First Required Payment	Jan. 31, 2018
Letters of Credit Outstanding, Amount	$ 1,100			1,400
Marquis | Banc Note Payable Bank Seven [Member]
Debt Instrument [Line Items]
Debt face amount	5,000
Debt periodic payment	$ 59,000
Debt periodic frequency	84 monthly payments
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 809,000
Debt stated interest rate	3.20%
Maturity date	Feb. 28, 2027
Debt Instrument, Date of First Required Payment	Mar. 31, 2020
Letters of Credit Outstanding, Amount	$ 3,200			3,500
Marquis | Banc Note Payable Bank Eight [Member]
Debt Instrument [Line Items]
Debt face amount	3,400
Debt periodic payment	$ 46,000
Debt periodic frequency	84 monthly payments
Debt stated interest rate	4%
Maturity date	Sep. 30, 2027
Debt Instrument, Date of First Required Payment	Oct. 31, 2020
Letters of Credit Outstanding, Amount	$ 2,300			$ 2,500
Marquis | Banc Note Payable Bank Nine [Member]
Debt Instrument [Line Items]
Debt periodic payment	$ 92,000
Debt periodic frequency	60 monthly installments
Marquis | Banc Note Payable Bank Ten [Member]
Debt Instrument [Line Items]
Debt periodic frequency	84 monthly installments

Notes Payable, Related Partie_2

Notes Payable, Related Parties - Schedule of Long-term Related Parties (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	$ 48,000	$ 7,000
Less: unamortized debt issuance costs	(2,325)	0
Net amount	45,675	7,000
Less current portion	0	(2,000)
Total long-term portion, related parties	45,675	5,000
Note Payable to the Sellers of Flooring Liquidators
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	31,800
Note Payable to the Sellers of Kinetic
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	3,000
Note Payable to Sellers | Note Payable to the Sellers of Flooring Liquidators
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	34,000	0
Note Payable to Sellers | Note Payable to the Sellers of Kinetic
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	3,000	3,000
Isaac Capital Fund, LLC
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	2,000	2,000
Isaac Capital Fund, LLC | Flooring Liquidators
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	5,000	0
Isaac Capital Fund, LLC | Revolver
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	1,000	0
Spriggs Investments, LLC
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	2,000	2,000
Spriggs Investments, LLC | Flooring Liquidators
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	$ 1,000	$ 0

Notes Payable, Related Partie_3

Notes Payable, Related Parties - Schedule of Long-term Related Parties (Parenthetical) (Details)			6 Months Ended
	Jan. 18, 2023	Jun. 28, 2022	Mar. 31, 2023
Note Payable to the Sellers of Flooring Liquidators
Debt Instrument [Line Items]
Debt Instrument, Maturity Date	Jan. 18, 2028
Note Payable to the Sellers of Flooring Liquidators | Note Payable to Sellers
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			8.24%
Debt Instrument, Maturity Date			Jan. 31, 2028
Note Payable to the Sellers of Kinetic
Debt Instrument [Line Items]
Debt Instrument, Maturity Date		Sep. 27, 2027
Note Payable to the Sellers of Kinetic | Note Payable to Sellers
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			7%
Debt Instrument, Maturity Date			Sep. 30, 2027
Isaac Capital Fund [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			12.50%
Debt Instrument, Maturity Date			May 01, 2025
Isaac Capital Fund [Member] | Flooring Liquidators
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			12%
Debt Instrument, Maturity Date			Jan. 31, 2028
Isaac Capital Fund [Member] | Revolver
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			12%
Debt Instrument, Maturity Date			Apr. 30, 2024
Spriggs Investments L L C [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			10%
Debt Instrument, Maturity Date			Jul. 31, 2024
Spriggs Investments L L C [Member] | Flooring Liquidators
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period			12%
Debt Instrument, Maturity Date			Jul. 31, 2024

Notes Payable, Related Partie_4

Notes Payable, Related Parties - Schedule of Future Maturities of Notes (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Debt Instrument [Line Items]
Total future maturities of long-term debt, related parties	$ 48,000	$ 7,000
Notes Payable, Related Parties
Debt Instrument [Line Items]
2023	0
2024	4,000
2025	2,000
2026	0
2027	3,000
Thereafter	39,000
Total future maturities of long-term debt, related parties	$ 48,000

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($)	6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022
Class Of Stock [Line Items]
Treasury Stock	646,355		620,971
Repurchase of common stock	25,384	65,668
Payment for repurchase of common stock	$ 639,000	$ 2,084,000
Payment for repurchase of common stock	$ 639,000	$ 2,100,000
Series E Convertible Preferred Stock
Class Of Stock [Line Items]
Preferred stock, outstanding	47,840		47,840
Preferred stock, issued	47,840		47,840

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock based compensation expense	$ 109,000	$ 19,000	$ 109,000	$ 37,000
Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation expense	$ 960,000		$ 960,000
2014 Omnibus Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock reserved for issuance	300,000		300,000

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2020
Number of Shares
Outstanding, beginning balance	87,500	87,500
Outstanding, ending balance	87,500	87,500	87,500
Exercisable	87,500	87,500
Outstanding, ending balance	87,500	87,500	87,500
Weighted Average Exercise Price
Outstanding, beginning balance	$ 18.81	$ 18.81
Outstanding, ending balance	18.81	18.81	$ 18.81
Exercisable	18.81	18.81
Outstanding, ending balance	$ 18.81	$ 18.81	$ 18.81
Weighed Average Remaining Contractual Life
Outstanding, ending balance	10 months 6 days	9 months 10 days	1 year 9 months 10 days
Exercisable		9 months 10 days
Outstanding, ending balance	10 months 6 days	9 months 10 days	1 year 9 months 10 days
Intrinsic value outstanding balance	$ 1,160	$ 771	$ 1,626	$ 771
Exercisable	$ 1,160	$ 771

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of weighted average fair value ("WAFV") of unvested restricted stock awards (Details)	3 Months Ended
	Dec. 31, 2022 $ / shares shares
Weighted-Average Fair Value
Beginning of period | $ / shares	$ 0
Granted | $ / shares	36.62
Vested | $ / shares	0
Ending of period | $ / shares	$ 36.62
Series A Restricted Stock Awards
Number of Shares
Outstanding, beginning balance | shares	0
Granted | shares	27,307
Vested | shares	0
Outstanding, ending balance | shares	27,307

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Net Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Basic
Net income	$ 1,558	$ 15,358	$ 3,402	$ 21,904
Less: preferred stock dividends	0	0	0	0
Net income applicable to common stock	$ 1,558	$ 15,358	$ 3,402	$ 21,904
Weighted Average Number of Shares Outstanding, Basic	3,143,911	3,134,540	3,101,007	3,148,059
Basic earnings per share	$ 0.50	$ 4.90	$ 1.10	$ 6.96
Diluted
Net income applicable to common stock	$ 1,558	$ 15,358	$ 3,402	$ 21,904
Add: preferred stock dividends	0	0	0	0
Net income applicable for diluted earnings per share	$ 1,558	$ 15,358	$ 3,402	$ 21,904
Weighted average common shares outstanding	3,143,911	3,134,540	3,101,007	3,148,059
Add: Options	40,832	38,102	36,379	38,825
Assumed weighted average common shares outstanding	3,184,982	3,172,881	3,137,625	3,187,123
Diluted earnings per share	$ 0.49	$ 4.84	$ 1.08	$ 6.87
Series B Preferred Stock [Member]
Diluted
Add: Preferred Stock	0	0	0	0
Series B Preferred Stock Warrants [Member]
Diluted
Add: Preferred Stock	0	0	0	0
Series E Preferred Stock [Member]
Diluted
Add: Preferred Stock	239	239	239	239

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	17,000	0

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) $ / shares in Units, $ in Thousands				3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 18, 2023 USD ($) shares	Jun. 28, 2022 USD ($)	Apr. 09, 2020 USD ($)	Mar. 31, 2023 USD ($) ft² shares	Mar. 31, 2022 USD ($)	Mar. 31, 2023 USD ($) ft² $ / shares shares	Mar. 31, 2022 USD ($) shares	Sep. 30, 2022 USD ($)	Jan. 19, 2023 USD ($)	Jul. 10, 2020 USD ($)
Related Party Transaction [Line Items]
Percentage of capital stock outstanding						48.80%
Common stock issued | shares	116,441			116,441
Repurchase of common stock | shares						25,384	65,668
Loan outstanding				$ 98,408		$ 98,408		$ 79,265
Interest rate									12%	10%
Notes payable related parties				48,000		48,000		7,000
Inventory net				115,050		115,050		97,659
ICG Flooring Liquidators Note
Related Party Transaction [Line Items]
Loan outstanding	$ 5,000
Interest rate	12%
Maturity date	Jan. 18, 2028
Notes payable related parties				5,000		5,000
Note Payable to the Sellers of Kinetic
Related Party Transaction [Line Items]
Loan maximum borrowing amount		$ 3,000
Interest rate		7%
Maturity date		Sep. 27, 2027
Notes payable related parties				3,000		3,000
Note Payable to the Sellers of Flooring Liquidators
Related Party Transaction [Line Items]
Loan maximum borrowing amount	$ 34,000
Interest rate	8.24%
Maturity date	Jan. 18, 2028
Notes payable related parties				$ 31,800		$ 31,800
Debt fair value	$ 31,700
Debt unamortized discount	2,300
Interest expense	$ 2,300
Revolving Credit Facility
Related Party Transaction [Line Items]
Interest rate				12%		12%
Maturity date						Apr. 08, 2024
Credit line maximum		$ 11,000
Common Stock
Related Party Transaction [Line Items]
Repurchase of common stock | shares						25,000
Jon Isaac | Common Stock
Related Party Transaction [Line Items]
Common stock issued | shares						219,177
Repurchase of common stock | shares						25,000
Exercise price of common stock | $ / shares						$ 10
ICG
Related Party Transaction [Line Items]
Loan outstanding				$ 2,000		$ 2,000
ICG | Revolving Credit Facility
Related Party Transaction [Line Items]
Interest rate			10%
Maturity date			Apr. 30, 2023
Credit line maximum			$ 1,000
Spriggs Promissory Note
Related Party Transaction [Line Items]
Loan maximum borrowing amount										$ 2,000
Original principal amount						2,000
Spriggs Promissory Note II
Related Party Transaction [Line Items]
Loan maximum borrowing amount									$ 1,000
Interest rate									12%
Original principal amount						$ 1,000
Isaac Capital Fund, LLC
Related Party Transaction [Line Items]
Interest rate				12.50%		12.50%
Maturity date						May 01, 2025
Notes payable related parties				$ 2,000		$ 2,000		2,000
Isaac Capital Fund, LLC | Revolving Credit Facility
Related Party Transaction [Line Items]
Notes payable related parties				$ 1,000		$ 1,000		0
Isaac Capital Fund, LLC | Mezzanine Loan
Related Party Transaction [Line Items]
Notes payable related parties								2,000
JanOne Inc
Related Party Transaction [Line Items]
Rentable square feet of office space | ft²				9,900		9,900
Square feet of total office space | ft²				16,500		16,500
JanOne Inc | Rent Income
Related Party Transaction [Line Items]
Related party income from rent and other reimbursed expenses				$ 112,000	$ 75,000	$ 256,000	$ 144,000
Spriggs Investments, LLC
Related Party Transaction [Line Items]
Maturity date						Jul. 31, 2024
Notes payable related parties				2,000		$ 2,000		2,000
Original principal amount								$ 2,000
ARCA Recycling Inc [Member]
Related Party Transaction [Line Items]
Inventory net				99,000		99,000
Allowance due from related parties				$ 267,000		$ 267,000

Commitments and Contingencies (

Commitments and Contingencies (Additional Information) (Details) - USD ($)	6 Months Ended
	Mar. 31, 2023	Oct. 10, 2022
Commitments and Contingencies Disclosure [Abstract]
Payment to shareholders for certain indemnity holdback		$ 2,500,000
Payment for settlement agreement	$ 1,000,000
Additional Payment For Settlement	1,000,000
Initial payment	$ 1,000,000

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	6 Months Ended
	Mar. 31, 2023 Segment
Segment Reporting [Abstract]
Number of operating segments	4

Segment Reporting - Summary of

Segment Reporting - Summary of Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Total revenues	$ 91,122	$ 69,706	$ 160,108	$ 144,864
Total gross profit	31,608	24,953	53,552	52,569
Total operating income	4,952	8,449	9,519	18,856
Total depreciation and amortization	3,645	1,496	6,297	3,045
Total interest expenses	3,235	858	5,282	1,875
Total net income before provision for income taxes	2,108	18,881	4,567	28,387
Retail-Entertainment [Member]
Segment Reporting Information [Line Items]
Total revenues	19,188	20,741	42,461	46,952
Total gross profit	10,654	11,110	22,864	24,500
Total operating income	2,327	3,132	5,991	7,942
Total depreciation and amortization	321	296	633	636
Total interest expenses	152	84	306	236
Total net income before provision for income taxes	2,178	14,593	5,716	19,293
Retail-Flooring [Member]
Segment Reporting Information [Line Items]
Total revenues	20,769		20,769
Total gross profit	7,742		7,742
Total operating income	(216)		(216)
Total depreciation and amortization	995		995
Total interest expenses	1,021		1,021
Total net income before provision for income taxes	(1,390)		(1,390)
Flooring Manufacturing
Segment Reporting Information [Line Items]
Total revenues	30,340	32,772	56,772	65,644
Total gross profit	7,328	8,580	11,989	17,609
Total operating income	2,406	3,875	3,158	8,483
Total depreciation and amortization	1,082	780	2,193	1,559
Total interest expenses	1,067	462	2,054	893
Total net income before provision for income taxes	1,214	3,337	901	7,382
Steel Manufacturing
Segment Reporting Information [Line Items]
Total revenues	19,916	14,027	37,897	26,393
Total gross profit	5,647	4,252	10,040	7,867
Total operating income	2,814	2,719	4,270	4,373
Total depreciation and amortization	1,114	281	2,207	515
Total interest expenses	841	182	1,628	479
Total net income before provision for income taxes	1,715	2,002	1,983	3,315
Corporate & Other
Segment Reporting Information [Line Items]
Total revenues	909	2,166	2,209	5,875
Total gross profit	237	1,011	917	2,593
Total operating income	(2,379)	(1,277)	(3,684)	(1,942)
Total depreciation and amortization	133	139	269	335
Total interest expenses	154	130	273	267
Total net income before provision for income taxes	$ (1,609)	$ (1,051)	$ (2,643)	$ (1,603)