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Employee Stock Purchase Plan (Tables)
6 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Weighted Average Assumptions of Employee Stock Purchase Plan

The following are the weighted average assumptions used for each respective period:

 

Three Months Ended

 

Six Months Ended

 

March 31,

 

March 31,

 

2023

 

2024

 

2023

 

2024

Dividend yield

0.0%

 

0.0%

 

0.0%

 

0.0%

Risk-free interest rate

3.9%

 

5.3%

 

3.9%

 

5.3%

Volatility

48.1%

 

39.2%

 

48.1%

 

39.2%

Expected life

Six Months

 

Six Months

 

Six Months

 

Six Months