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Balance Sheet Accounts | 3 Months Ended
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Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Balance Sheet Accounts | BALANCE SHEET ACCOUNTS Property, Plant and Equipment The following table summarizes the Company’s major classes of property, plant and equipment:
| December 31, 2024 |  | September 30, 2024
| (in thousands)
Land | $ | 2,996 |  |  | $ | 2,996 |
Buildings | 238,775 |  |  | 75,988 |
Research equipment | 68,868 |  |  | 65,353 |
Manufacturing equipment | 2,574 |  |  | — |
Furniture | 5,594 |  |  | 5,594 |
Computers and software | 1,028 |  |  | 981 |
Leasehold improvements | 104,389 |  |  | 104,410 |
Construction in progress | 25,661 |  |  | 188,731 |
| 449,885 |  |  | 444,053 |
Less: Accumulated depreciation and amortization | (62,816) |  |  | (58,021) |
Property, plant and equipment, net | $ | 387,069 |  |  | $ | 386,032 |
Depreciation and amortization expense for property, plant and equipment for the three months ended December 31, 2024 and 2023 was $4.8 million and $3.8 million, respectively. During the first quarter of fiscal 2025, the Company completed the build out of its manufacturing facility in Verona, Wisconsin. This resulted in the reclassification of $162.7 million from construction in progress to building and $2.6 million to manufacturing equipment as of December 31, 2024. Additionally, the Company began depreciating the newly completed manufacturing facility over a 39-year period and the manufacturing equipment over 7- or 10-year periods. During the first quarter of fiscal 2024, the Company completed the build out of its laboratory and office facilities in Verona, Wisconsin, which resulted in the reclassification of $76.0 million from construction in progress to buildings as of December 31, 2024. Accrued Expenses Accrued expenses consist of the following:
| December 31, 2024 |  | September 30, 2024
| (in thousands)
Accrued R&D expenses | $ | 20,379 |  |  | $ | 28,069 |
Accrued R&D expenses; co-development | 33,554 |  |  | 23,351 |
Accrued capital expenditures | 2,574 |  |  | 4,206 |
Other | 2,894 |  |  | 7,391 |
Total accrued expenses | $ | 59,401 |  |  | $ | 63,017 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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