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Term Loans and Warrant Liabilities (Tables)

9 Months Ended

Jun. 30, 2025

Term Loans And Warrant Liabilities [Abstract]

Summary of Changes in Fair Value of Term Loan And First Amendment Term Loan Level 3

A summary of the changes in the fair value of the Close Date Term Loan Level 3 rollforward is as follows:

Fair value as of September 30, 2024		$	12,010
Change in fair value related to non-credit risk recorded within net loss			1,230
Change in fair value related to credit risk in other comprehensive income			(820	)
Fair value as of June 30, 2025		$	12,420

A summary of the changes in the fair value of the First Amendment Term Loan Level 3 rollforward is as follows:

Fair value as of September 30, 2024		$	—
Transfer in			4,480
Change in fair value related to non-credit risk recorded within net loss			150
Change in fair value related to credit risk in other comprehensive income			—
Fair value as of June 30, 2025		$	4,630

Summary of Fair Value Assumptions Applied in Determining Initial Fair Value and Subsequent Fair Value of Warrant Liabilities

The following is a summary of the fair value assumptions applied in determining the initial fair value and the subsequent fair value of the warrant liabilities as of each respective date:

		June 30,				September 30
		2025				2024
Discount Rate			3.7	%			3.6	%
Volatility			62.0	%			58.0	%

Summary of Changes in Fair Value of Warrant Liabilities Level 3

A summary of the changes in the fair value of the warrant liabilities Level 3 rollforward is as follows:

Fair value as of September 30, 2024		$	6,640
Change in fair value in net loss			(4,560	)
Fair value as of June 30, 2025		$	2,080

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Term loan and warrant liabilities.

+ References

No definition available.

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

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-Topic 820
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-Name Accounting Standards Codification
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-Paragraph 103
-Publisher FASB
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Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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-Topic 820
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-Name Accounting Standards Codification
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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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