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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 18,314 $ 17,971 $ 50,199 $ 53,028
Operating expenses:        
Research and development 27,210 28,742 82,931 100,698
General and administrative 9,997 13,414 34,231 44,167
Total operating expenses 37,207 42,156 117,162 144,865
Loss from operations (18,893) (24,185) (66,963) (91,837)
Other income (expense):        
Interest expense (1,618) (2,355) (5,294) (8,359)
Interest and investment income, net 2,285 3,487 7,376 11,594
Total other income, net 667 1,132 2,082 3,235
Loss before income taxes (18,226) (23,053) (64,881) (88,602)
Income tax (expense) benefit (29) 395 1,692 1,380
Net loss $ (18,255) $ (22,658) $ (63,189) $ (87,222)
Net loss per share:        
Basic $ (0.85) $ (1.07) $ (2.96) $ (4.12)
Diluted $ (0.85) $ (1.07) $ (2.96) $ (4.12)
Weighted average shares outstanding:        
Basic 21,377 21,180 21,322 21,145
Diluted 21,377 21,180 21,322 21,145
Royalty [Member]        
Total revenue $ 18,314 $ 17,971 $ 50,199 $ 53,028