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

Long-Term Debt and Lines of Credit (Tables)

v3.25.3
Long-Term Debt and Lines of Credit (Tables)
 12 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of long-term debt, net of current portion
The following table summarizes long-term debt at September 30, 2025 and September 30, 2024:
(in thousands) Interest Rate September 30, 2025 September 30, 2024
Long-term debt, net of current portion:
Met fixed-rate term loans 3.85% $ 70,000  $ 70,000 
Met fixed-rate term loan II 6.21% 10,000  — 
Met Citree term loan 5.28% 3,450  3,700 
Pru loans A & B —  10,457 
Deferred financing fees (403) (434)
83,047  83,723 
Less current portion of long-term debt 250  1,410 
Long-term debt, net $ 82,797  $ 82,313 
Schedule of lines of credit
The following table summarizes amounts outstanding under lines of credit and related deferred financing costs, net of accumulated amortization at September 30, 2025 and September 30, 2024:
(in thousands) September 30, 2025 September 30, 2024
Lines of Credit:
RLOC $ 2,500  $ 8,394 
Deferred financing fees (1)
(719) (671)
Lines of Credit, net $ 1,781  $ 7,723 
1- Represents deferred financing fees on the RLOC, included within Other non-current assets in the consolidated balance sheets.
Schedule of future maturities of debt and lines of credit
Future maturities of long-term debt and lines of credit as of September 30, 2025 are as follows:
(in thousands) September 30, 2025
Due within one year $ 250 
Due between one and two years 250 
Due between two and three years 250 
Due between three and four years 2,700 
Due between four and five years 70,000 
Due beyond five years 12,500 
Total future maturities $ 85,950 
Schedule of interest costs expensed and capitalized
Interest costs expensed and capitalized were as follows:
(in thousands) Years Ended September 30,
2025 2024
Interest expense $ 4,848  $ 3,538 
Interest capitalized 406  1,260 
Total $ 5,254  $ 4,798