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Income Taxes
 9 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes
11.
Income Taxes

Our effective tax rate ("ETR") from continuing operations was -1.2% and 3.7% for the three and nine months ended June 30, 2025, respectively, and 3.9% and -0.2% for the three and nine months ended June 30, 2024, respectively. The Company’s ETR for all periods differed from the statutory rate principally as a result of the valuation allowance on operating loss carryforwards and deferred tax assets on tax expense.

We continue to maintain a valuation allowance on a portion of our federal and state net operating losses in jurisdictions with shortened carryforward periods or in jurisdictions where our operations have significantly decreased as compared to prior years in which the net operating losses were generated.

As of June 30, 2025, the Company had aggregate federal and state net operating loss carryforwards of approximately $277.6 million and $150.6 million, respectively, which expire in 2030-2038 and 2024-2043, respectively. No state net operating loss carryforwards are expected to expire in the current fiscal year.