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Intangible Assets, Net
 6 Months Ended
Mar. 31, 2024
Intangible Assets, Net [Abstract]  
Intangible Assets, net

Note 8 — Intangible Assets, net

 

Intangible assets, net consist of the following:

 

   Estimated  March 31, 2024   September 30, 2023 
  

Useful Life

(years)

  Gross  

Accumulated

Amortization

   Net   Gross  

Accumulated

Amortization

   Net 
                            
Developed technology  7-10  $7,289   $(2,644)  $4,645   $7,289   $(2,238)  $5,051 
Customer relationships  10-15   6,400    (195)   6,205    300    (64)   236 
Trade names  2   100    (14)   86    
—
    
—
    
—
 
Backlog  1   300    (85)   215    
—
    
—
    
—
 
      $14,089   $(2,938)  $11,151   $7,589   $(2,302)  $5,287 

 

The Company recorded amortization expense related to intangible assets of $399 and $210 during the three months ended March 31, 2024 and 2023, respectively, and $636 and $421 during the six months ended March 31, 2024 and 2023, respectively. The weighted-average remaining lives of intangible assets as of March 31, 2024 were developed technology 5.9 years; customer relationships 14.5 years; trade names 1.7 years; and backlog nine months.

 

Estimated future amortization expense for intangible assets by fiscal year as of March 31, 2024 is as follows:

 

Years ending September 30,    
     
2024 (remaining six months)  $799 
2025   1,361 
2026   1,258 
2027   1,247 
2028   1,213 
Thereafter   5,273 
Total  $11,151