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Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Unrealized Gain (Loss) on Investments The following tables present the Company’s cash equivalents and marketable securities’ costs, gross unrealized gains and losses, and fair value by major security type recorded as cash equivalents or short-term or long-term marketable securities as of June 30, 2025, and September 30, 2024. Unrealized gains and losses from the remeasurement of marketable securities are recorded in accumulated other comprehensive income (loss) until recognized in earnings upon the sale or maturity of the security.

 

 

June 30, 2025

 

 

Cost
Basis

 

 

Gross
Unrealized
Gain

 

 

Gross
Unrealized
Loss

 

 

Fair
Value

 

 

Cash
Equivalents

 

 

Short-term
Securities

 

 

Long-term
Securities

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

53

 

 

$

 

 

$

 

 

$

53

 

 

$

53

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal securities

 

 

120

 

 

 

 

 

 

 

 

 

120

 

 

 

 

 

 

120

 

 

 

 

Subtotal

 

 

120

 

 

 

 

 

 

 

 

 

120

 

 

 

 

 

 

120

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

173

 

 

$

 

 

$

 

 

$

173

 

 

$

53

 

 

$

120

 

 

$

 

 

 

September 30, 2024

 

 

Cost
Basis

 

 

Gross
Unrealized
Gain

 

 

Gross
Unrealized
Loss

 

 

Fair
Value

 

 

Cash
Equivalents

 

 

Short-term
Securities

 

 

Long-term
Securities

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

301

 

 

$

 

 

$

 

 

$

301

 

 

$

301

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

 

401

 

 

 

 

 

 

 

 

 

401

 

 

 

152

 

 

 

 

 

 

249

 

U.S. government agency bonds

 

 

2,591

 

 

 

3

 

 

 

 

 

 

2,594

 

 

 

 

 

 

2,594

 

 

 

 

Municipal securities

 

 

2,127

 

 

 

2

 

 

 

 

 

 

2,129

 

 

 

 

 

 

2,129

 

 

 

 

Corporate bonds

 

 

3,219

 

 

 

3

 

 

 

 

 

 

3,222

 

 

 

 

 

 

3,222

 

 

 

 

Subtotal

 

 

8,338

 

 

 

8

 

 

 

 

 

 

8,346

 

 

 

152

 

 

 

7,945

 

 

 

249

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

8,639

 

 

$

8

 

 

$

 

 

$

8,647

 

 

$

453

 

 

$

7,945

 

 

$

249

 

Schedule of Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis

The change in the carrying amount of the holdback liability was as follows:

 

Balance as of September 30, 2024

 

$

250

 

Payment

 

 

(250

)

Balance as of June 30, 2025

 

$