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Net Loss Per Share (Tables)
6 Months Ended
Mar. 31, 2024
Net Loss Per Share [Abstract]  
Schedule of Net Income (Loss) Per Share Per Common Share of Basic and Diluted those securities. Inclusion of those securities under the if-converted method increases both the net loss for the period and the number of shares used in the per share computation and is dilutive to the Company’s net loss per share.
 

Three months ended
March 31,

   

2024

 

2023

   

Class A

 

Class B

 

Common Stock

Basic net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net loss

 

$

(1,612

)

 

$

(141

)

 

$

(13,142

)

Deemed dividend from warrant price adjustment

 

 

(608

)

 

 

(53

)

 

 

 

Net loss available to common stockholders

 

 

(2,220

)

 

 

(194

)

 

 

(13,142

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

25,791,094

 

 

 

2,254,901

 

 

 

14,025,304

 

Basic net loss per share

 

$

(0.09

)

 

$

(0.09

)

 

$

(0.94

)

   

 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss available to common stockholders

 

$

(2,220

)

 

$

(194

)

 

$

(13,142

)

Change in fair value of PIPE make-whole liability

 

 

(3,068

)

 

 

(268

)

 

 

 

Change in fair value of liability-classified warrants

 

 

(483

)

 

 

(42

)

 

 

 

Reallocation of net loss as a result of conversion of Class B to Class A Common Stock

 

 

(504

)

 

 

 

 

 

 

Reallocation of net loss

 

 

 

 

 

19

 

 

 

 

Allocation of net loss

 

 

(6,275

)

 

 

(485

)

 

 

(13,142

)

   

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Number of shares used in basic earnings per share calculation

 

 

25,791,094

 

 

 

2,254,901

 

 

 

14,025,304

 

Shares issuable in satisfaction of PIPE make-whole liability

 

 

1,052,030

 

 

 

 

 

 

 

Shares issuable under liability-classified warrants

 

 

101,228

 

 

 

 

 

 

 

Conversion of Class B to Class A Common Stock

 

 

2,254,901

 

 

 

 

 

 

 

Number of shares used in per share computation

 

 

29,199,253

 

 

 

2,254,901

 

 

 

14,025,304

 

Diluted net loss per share

 

$

(0.21

)

 

$

(0.21

)

 

$

(0.94

)

 

Six months ended
March 31,

   

2024

 

2023

   

Class A

 

Class B

 

Common Stock

Basic net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net loss

 

$

(742

)

 

$

(76

)

 

$

(22,532

)

Deemed dividend from warrant price adjustment

 

 

(600

)

 

 

(61

)

 

 

 

Net loss available to common stockholders

 

$

(1,342

)

 

$

(137

)

 

$

(22,532

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

22,004,134

 

 

 

2,254,901

 

 

 

13,189,879

 

Basic net loss per share

 

$

(0.06

)

 

$

(0.06

)

 

$

(1.71

)

   

 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss available to common stockholders

 

$

(1,342

)

 

$

(137

)

 

$

(22,532

)

Change in fair value of PIPE make-whole liability

 

 

(392

)

 

 

(40

)

 

 

 

Change in fair value of liability-classified warrants

 

 

(476

)

 

 

(49

)

 

 

 

Reallocation of net loss as a result of conversion of Class B to Class A Common Stock

 

 

(226

)

 

 

 

 

 

 

Reallocation of net loss

 

 

 

 

 

6

 

 

 

 

Allocation of net loss

 

$

(2,436

)

 

$

(220

)

 

$

(22,532

)

   

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Number of shares used in basic earnings per share calculation

 

 

22,004,134

 

 

 

2,254,901

 

 

 

13,189,879

 

Shares issuable in satisfaction of PIPE make-whole liability

 

 

580,628

 

 

 

 

 

 

 

 

 

Shares issuable under liability-classified warrants

 

 

74,906

 

 

 

 

 

 

 

 

 

Conversion of Class B to Class A Common Stock

 

 

2,254,901

 

 

 

 

 

 

 

Number of shares used in per share computation

 

 

24,914,569

 

 

 

2,254,901

 

 

 

13,189,879

 

Diluted net loss per share

 

$

(0.10

)

 

$

(0.10

)

 

$

(1.71

)

Schedule of Dilutive Securities not Included in Net Income (Loss) Per Share Common Share
 

Six months ended
March 31,

   

2024

 

2023

Public Warrants and Private Warrants

 

9,000,000

 

Earnout shares

 

3,500,000

 

RSUs

 

4,078,559

 

10,984,241

Stock options

 

4,522,529

 

6,400,758

Convertible preferred stock (on an as-converted basis)

 

 

2,254,901

Common stock warrants

 

 

400,000

Convertible notes

 

 

131,072

   

21,101,088

 

20,170,972