v3.25.4

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Sep. 30, 2025
Current assets:
Cash and cash equivalents	$ 1,106	$ 491
Restricted cash	1,081	1,553
Receivables, net of allowance for credit losses of $128 and $151, respectively	15,634	16,103
Contract assets	11,045	10,560
Inventories, net	6,561	4,192
Prepaid expenses and other current assets	2,338	2,192
Total current assets	37,765	35,091
Property, plant and equipment, net	20,896	21,794
Operating lease right-of-use assets, net	12,299	12,543
Goodwill	3,493	3,493
Other assets	488	473
Total assets	74,941	73,394
Current liabilities:
Current maturities of long-term debt, net of unamortized debt issuance costs	2,461	2,592
Revolver	386	7,969
Short-term operating lease liabilities	978	959
Accounts payable	7,296	5,796
Contract liabilities	7,486	1,784
Accrued liabilities	3,386	3,140
Total current liabilities	21,993	22,240
Long-term finance lease, net of short-term	39	51
Long-term operating lease liabilities, net of short-term	11,977	12,230
Deferred income taxes, net	519	163
Pension liability	1,104	1,206
Other long-term liabilities	611	619
Commitments and Contingencies (Note 10)
Shareholders’ equity:
Serial preferred shares, no par value, authorized 1,000 shares; zero shares issued and outstanding at December 31, 2025 and September 30, 2025	0	0
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares 6,215 at December 31, 2025 and 6,180 at September 30, 2025	6,215	6,180
Additional paid-in capital	11,863	11,892
Retained earnings	18,942	17,152
Accumulated other comprehensive income	1,678	1,661
Total shareholders’ equity	38,698	36,885
Total liabilities and shareholders’ equity	$ 74,941	$ 73,394

Amount, after allowance for credit loss, of accounts and financing receivables, classified as current. Includes, but is not limited to, notes and loan receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-2

SIFCO INDUSTRIES INC 10-Q