XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.25.2

Leases | 9 Months Ended
--- | ---
Jun. 30, 2025
Leases [Abstract] |
Leases | Leases The following table summarizes lease balances presented on our consolidated balance sheets as follows (in thousands):
|  | June 30, |  | September 30,
|  | 2025 |  | 2024
Operating lease right-of-use assets |  | $ | 9,259 |  |  | $ | 6,681 |
Operating lease liabilities - current |  | $ | 2,711 |  |  | $ | 2,652 |
Operating lease liabilities - long-term |  | 14,829 |  |  | 12,789 |
Total operating lease liabilities |  | $ | 17,540 |  |  | $ | 15,441 |
As of June 30, 2025, operating leases for facilities and equipment have remaining lease terms of less than 1.5 years to 7.6 years. The non-cash increase in both lease liabilities and right-of-use assets during the current period is primarily attributable to an extension of an existing operating lease. The non-cash increase to lease liabilities from the lease extension was $4.2 million. Total lease costs for our leases were as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended
|  | June 30, |  | June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Operating |  | $ | 860 |  |  | $ | 909 |  |  | $ | 2,471 |  |  | $ | 2,665 |
Short-term |  | 201 |  |  | 24 |  |  | 574 |  |  | 124 |
Variable |  | 99 |  |  | 30 |  |  | 160 |  |  | 105 |
Sublease income (a) |  | (48) |  |  | (67) |  |  | (145) |  |  | (200) |
Total lease costs |  | $ | 1,112 |  |  | $ | 896 |  |  | $ | 3,060 |  |  | $ | 2,694 |
(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 June 30, 2025 were as follows (in thousands):
Fiscal year ending: |  |
2025 (remaining) |  | $ | 895 |
2026 |  | 3,993 |
2027 |  | 3,591 |
2028 |  | 3,468 |
2029 |  | 3,582 |
Thereafter |  | 5,891 |
Total future lease payments |  | 21,420 |
Less: imputed interest |  | (3,880) |
Present value of future minimum lease payments |  | 17,540 |
Less: current portion of operating lease liabilities |  | (2,711) |
Long-term operating lease liabilities |  | $ | 14,829 |
At June 30, 2025, the weighted-average remaining lease term and weighted-average discount rate were 5.6 years and 6.9%, 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 was as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended |
|  | June 30, |  | June 30, |
|  | 2025 |  | 2024 |  | 2025 |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 937 |  |  | $ | 869 |  |  | $ | 2,887 |  |  | $ | 3,233 |  |
Lease liabilities arising from obtaining right-of-use assets |  | 2,810 |  |  | — |  |  | 4,187 |  |  | — |  |
Other lease information |  | $ | 3,747 |  |  | $ | 869 |  |  | $ | 7,074 |  |  | $ | 3,233 |  |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration