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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Sep. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-Based Compensation | The following table provides stock-based compensation by the financial statement line item in which it is reflected:
| Fiscal Years Ended September 30,
| 2023 |  | 2022
General and administrative | $ | 7,844 |  |  | $ | 5,960 |
Other operating expense | — |  |  | 23,014 |
Stock-based compensation, before income taxes | 7,844 |  |  | 28,974 |
Provision for income taxes | (311) |  |  | (5,123) |
Stock-based compensation, net of income taxes | $ | 7,533 |  |  | $ | 23,851 |
Schedule of Weighted Average Assumptions Utilized to Value Stock-Based Compensation | The weighted-average assumptions used to compute the fair value of options granted under the Black-Scholes model for the fiscal years ended September 30, 2023 and 2022 were as follows:
| 2023 |  | 2022
Risk-free interest rate | 4.29 | % |  | 1.24 | %
Dividend yield | — | % |  | — | %
Volatility of the expected market price of the Company’s common shares | 100.59 | % |  | 76.62 | %
Expected life of the options (years) | 3.57 |  | 3.24
Schedule of Stock Option Activity | A summary of the Company’s stock option activity and related information for the year ended September 30, 2023, is as follows:
| Options |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Life |  | Aggregate Intrinsic Value
| (in thousands) |  |  |  | (in years) |  | (in thousands)
Outstanding as of September 30, 2022 | 1,949 |  | $ | 12.54 |  |  |  |  |
Granted | 166 |  | 8.42 |  |  |  |  |  |
Exercised | (43) |  | 2.53 |  |  |  |  |  |
Cancelled | (325) |  | 13.89 |  |  |  |  |  |
Outstanding as of September 30, 2023 | 1,747 |  | $ | 12.06 |  |  | 6.59 |  | $ | 474 |
Exercisable as of September 30, 2023 | 1,310 |  | $ | 10.50 |  |  | 5.90 |  | $ | 474 |
Expected to vest as of September 30, 2023 | 437 |  | $ | 16.73 |  |  | 8.67 |  | $ | — |
Schedule of Restricted Share Activity | A summary of the Company’s RSA activity for the year ended September 30, 2023 is as follows:
| Restricted Shares (in thousands) |  | Weighted- Average Grant Date Fair Value
Outstanding (non-vested) – September 30, 2022 | 149 |  | $ | 16.09 |
Granted | 16 |  | $ | 6.56 |
Vested | (107) |  | $ | 11.20 |
Forfeited | (17) |  | $ | 17.60 |
Outstanding (non-vested) – September 30, 2023 | 39 |  | $ | 25.03 |
Schedule of Restricted Stock Units Activity | A summary of the Company’s RSUs for the year ended September 30, 2023 is as follows:
| Restricted Stock Units (in thousands) |  | Weighted- Average Grant Date Fair Value
Outstanding (non-vested) – September 30, 2022 | 551 |  | $ | 23.82 |
Granted | 546 |  | $ | 7.16 |
Vested | (137) |  | $ | 24.28 |
Forfeited | (23) |  | $ | 12.67 |
Outstanding (non-vested) – September 30, 2023 | 936 |  | $ | 14.29 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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