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Cover - shares
 6 Months Ended
Mar. 31, 2022
Apr. 30, 2022
Cover [Abstract]    
Document Type 10-Q/A  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2022  
Document Transition Report false  
Entity File Number 001-35231  
Entity Registrant Name MITEK SYSTEMS, INC.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 87-0418827  
Entity Address, Address Line One 600 B Street, Suite 100  
Entity Address, City or Town San Diego,  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 92101  
City Area Code 619  
Local Phone Number 269-6800  
Title of 12(b) Security Common Stock, par value $0.001 per share  
Trading Symbol MITK  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   44,346,935
Amendment Flag true  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q2  
Entity Central Index Key 0000807863  
Current Fiscal Year End Date --09-30  
Amendment Description On October 27, 2022, Mitek Systems, Inc. (the “Company”, “we”, “our” or “us”) filed a Current Report on Form 8-K disclosing that the Company determined that our previously issued financial statements contained in our Quarterly Report on Form 10-Q for the period ended March 31, 2022, originally filed with the Securities and Exchange Commission (the “SEC”) on May 9, 2022 (the “Original Quarterly Report”), should no longer be relied upon due to the exclusion of certain acquisition-related costs and expenses from the statement of operations, overstatement of deferred tax liabilities, and understatement of deferred tax assets in the balance sheet in the Company’s unaudited interim consolidated financial statements for the quarter ended March 31, 2022. For additional information, please refer to our Current Report on Form 8-K, filed with the SEC on October 27, 2022. This Amendment No. 1 to our Original Quarterly Report (the “Form 10-Q/A”) amends and restates certain items noted below in the Original Quarterly Report for the quarterly period ended March 31, 2022. This Form 10-Q/A amends the Original Quarterly Report to restate its unaudited consolidated financial statements, financial data and related disclosures as of and for the three-month periods ended March 31, 2022 to give effect to certain errors related to the acquisition of HooYu Ltd., as more fully described below.Background of RestatementIn connection with the preparation of the Company’s financial statements for the quarterly period ended June 30, 2022, the Company noted that certain aspects of its acquisition of HooYu Ltd. (the “HooYu Acquisition”) in March 2022 were improperly accounted for in the Original Quarterly Report. Specifically, the Company did not account for the representations and warranty insurance purchased in connection with the HooYu Acquisition, which should have been accrued for and fully expensed at the date of the HooYu Acquisition. In addition, the Company did not accrue for a payment of stamp duty tax related to the HooYu Acquisition, which was paid during the third fiscal quarter ended June 30, 2022. Lastly, the Company did not record deferred tax assets and liabilities based on information available at the time of the HooYu Acquisition. The impact of these errors was that the deferred tax assets were understated by $0.4 million, goodwill was overstated by $1.4 million, accounts payable were understated by $1.3 million, acquisition-related costs and expenses were understated $1.3 million, deferred income tax liabilities were overstated by $1.4 million, income tax benefit (provision) was understated by $0.4 million, and net income was overstated by $0.9 million by for the quarter ended March 31, 2022. The Company has decided to correct these errors for the quarter ended March 31, 2022, concluding that these expenses, accruals and balance sheet reclassifications are material to the unaudited interim consolidated balance sheet and statement of operations and comprehensive income (loss) as of and for the quarter ended March 31, 2022.Internal Control ConsiderationsIn connection with the restatement, management has re-evaluated the effectiveness of the Company’s internal controls over financial reporting as of March 31, 2022. The Audit Committee of the Company’s Board of Directors, with concurrence of management, has concluded that, in light of the errors described above, an additional material weakness exists in the Company’s internal control over financial reporting as of March 31, 2022. Management plans to enhance the process of accounting for business combinations by increased communication among our personnel and third-party professionals with whom we consult regarding the proper recognition of deferred tax assets and business combination accounting. For a discussion of management’s consideration of our disclosure controls and procedures, internal controls over financial reporting, and the material weaknesses identified, see Part I, Item 4, Controls and Procedures of this Form 10-Q/A.Items Impacted by this Form 10-Q/AFor the convenience of the reader, the Company has included all items in this Form 10-Q/A, which supersedes in its entirety the Original Quarterly Report. The following sections in the Original Quarterly Report have been revised in this Form 10-Q/A to reflect the restatement:Part I, Item 1 – Financial StatementsPart I, Item 2 – Management’s Discussion and Analysis of Financial Condition and Results of OperationsPart I, Item 4 – Controls and ProceduresPart II, Item 1 – Legal ProceedingsPart II, Item 5 – Other InformationPart II, Item 6 – Exhibits Except as described above, no other information included in the Original Quarterly Report is being amended or updated by this Form 10-Q/A, and this Form 10-Q/A does not purport to reflect any information or events subsequent to the Original Quarterly Report. This Form 10-Q/A continues to describe the conditions as of the date of the Original Quarterly Report and, except as expressly contained herein, we have not updated, modified or supplemented the disclosures contained in the Original Quarterly Report. Accordingly, this Form 10-Q/A should be read in conjunction with the Original Quarterly Report and with our filings with the SEC subsequent to the Original Quarterly Report. See Note 2 to the accompanying unaudited interim consolidated financial statements, set forth in Item 1 of this Form 10-Q/A, for details of the restatement and its impact on the unaudited interim consolidated financial statements.In accordance with applicable SEC rules, this Form 10-Q/A includes updated certifications from our Chief Executive Officer and Chief Financial Officer as Exhibits 31.1, 31.2 and 32.1.