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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 44,812 $ 37,233
Short-term marketable securities 159,299 210,953
Accounts receivable 8,333 6,646
Prepaid expenses and other current assets 10,240 12,413
Income tax receivable 24 31,999
Short-term restricted cash 0 608
Total current assets 222,708 299,852
Property and equipment, net 36,617 32,688
Operating lease, right-of-use assets 38,250 40,658
Long-term restricted cash 3,360 3,360
Other long-term assets 94 94
Total assets 301,029 376,652
Current liabilities:    
Accounts payable 3,547 8,002
Accrued expenses and other current liabilities 10,853 13,547
Liability related to the sale of future royalties 27,755 34,462
Operating lease liabilities 2,394 1,524
Total current liabilities 44,549 57,535
Liability related to the sale of future royalties, net of current portion 119,943 134,779
Operating lease liabilities, net of current portion 55,656 53,943
Series 1 nonconvertible preferred stock 1,350 1,350
Other long-term liabilities 252 231
Total liabilities 221,750 247,838
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock; $0.01 par value per share, 100,000 shares authorized; 21,378 and 21,194 shares issued and outstanding at June 30, 2025 and September 30, 2024, respectively 214 212
Additional paid-in capital 465,696 451,340
Accumulated other comprehensive (loss) gain (402) 302
Accumulated deficit (386,229) (323,040)
Total stockholders' equity 79,279 128,814
Total liabilities and stockholders' equity $ 301,029 $ 376,652