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Goodwill
6 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
6.
Goodwill

The carrying value and changes in the carrying value of goodwill attributable to each reportable segment were as follows:

 

(in thousands)

GovDeals

 

CAG

 

Machinio & Software Solutions

 

Total

 

September 30, 2024

$

61,683

 

$

21,551

 

$

14,558

 

$

97,792

 

Auction Software acquisition (see Note 3)

 

 

 

 

 

5,066

 

 

5,066

 

Translation adjustments

 

 

 

17

 

 

 

 

17

 

September 30, 2025

 

61,683

 

 

21,568

 

 

19,624

 

 

102,875

 

Translation adjustments

 

 

 

(118

)

 

 

 

(118

)

March 31, 2026

$

61,683

 

$

21,450

 

$

19,624

 

$

102,757

 

The increase in the goodwill balance of approximately $5.1 million at the Software Solutions business during the fiscal year ended September 30, 2025, was due to the Auction Software acquisition; see Note 3 - Acquisitions for further information. Our RSCG reportable segment does not maintain a goodwill balance as of March 31, 2026.

Goodwill is tested for impairment at the beginning of the fourth quarter and during interim periods whenever events or circumstances indicate that the carrying value may not be recoverable. The Company did not identify any indicators of impairment that required an interim goodwill impairment test during the three and six months ended March 31, 2026.