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Leases | 6 Months Ended
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Mar. 31, 2024
Leases [Abstract] |
Leases | Leases The following table summarizes lease balances presented on our consolidated balance sheets as follows (in thousands):
|  | March 31, |  | September 30, |
|  | 2024 |  | 2023 |
Operating lease right-of-use assets |  | $ | 8,315 |  |  | $ | 9,656 |  |
Operating lease liabilities, current |  | $ | 3,242 |  |  | $ | 3,463 |  |
Operating lease liabilities - long-term |  | 14,242 |  |  | 15,908 |  |
Total operating lease liabilities |  | $ | 17,484 |  |  | $ | 19,371 |  |
As of March 31, 2024, operating leases for facilities and equipment have remaining lease terms of less than 1 year to 7.3 years. Total lease costs for our leases was as follows (in thousands):
|  | Three Months Ended |  | Six Months Ended |
|  | March 31, |  | March 31, |
|  | 2024 |  | 2023 |  | 2024 |  | 2023 |
Operating |  | $ | 883 |  |  | $ | 1,098 |  |  | $ | 3,884 |  |  | $ | 2,045 |  |
Short-term |  | 50 |  |  | 27 |  |  | 266 |  |  | 70 |  |
Variable |  | 37 |  |  | 32 |  |  | 148 |  |  | 63 |  |
Sublease income (a) |  | (67) |  |  | (71) |  |  | (273) |  |  | (142) |  |
Total lease costs |  | $ | 903 |  |  | $ | 1,086 |  |  | $ | 4,025 |  |  | $ | 2,036 |  |
(a) The Company subleases a portion of one of its leased facilities. The sublease is classified as an operating lease with respect to the underlying asset. The sublease term is 5 years and includes two additional 1 year term extension options. The Company's future minimum lease payments as of March 31, 2024 were as follows (in thousands):
Fiscal year ending: |  |  |
2024 (remaining) |  | $ | 3,296 |  |
2025 |  | 3,928 |  |
2026 |  | 3,700 |  |
2027 |  | 2,627 |  |
2028 |  | 2,377 |  |
Thereafter |  | 5,024 |  |
Total future lease payments |  | 20,952 |  |
Less: imputed interest |  | (3,468) |  |
Present value of future minimum lease payments |  | 17,484 |  |
Less: current portion of operating lease liabilities |  | (3,242) |  |
Long-term operating lease liabilities |  | $ | 14,242 |  |
At March 31, 2024, the weighted-average remaining lease term and weighted-average discount rate were 5.8 years and 6.3%, respectively. The calculation of the weighted-average discount rate was determined based on borrowing terms from our secured term loan. Other information related to our leases for the six months ended March 31, 2024 and 2023 was as follows (in thousands):
|  | 2024 |  | 2023 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 2,364 |  |  | $ | 2,171 |  |
Lease liabilities arising from obtaining right-of-use assets |  | — |  |  | 3,541 |  |
Other lease information |  | $ | 2,364 |  |  | $ | 5,712 |  |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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