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POST EMPLOYMENT BENEFITS (Tables)
12 Months Ended
Sep. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Reconciliation of Projected Benefit Obligations
The following tables summarize the changes in the benefit obligation funded status of the Pension Plan and amounts reflected in the Company’s consolidated balance sheets as of September 30, 2025 and 2024.
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
20252024
Accumulated benefit obligation:$14,223 $15,545 
Change in projected benefit obligation:
Projected benefit obligation, beginning of period$15,545 $12,957 
Other270 254 
Interest cost772 741 
Benefits paid(1,002)(684)
Foreign currency translation adjustment69 1,328 
Actuarial (losses) gains(1,431)949 
Projected benefit obligation at end of period14,223 15,545 
Change in fair value of plan assets:
Fair value of plan assets, beginning of period$18,687 $15,993 
Actual (loss) gain on plan assets(780)1,764 
Employer contributions— — 
Foreign currency translation adjustment83 1,614 
Benefits paid(1,002)(684)
Fair value of plan assets, end of period16,988 18,687 
Funded status$2,765 $3,142 
Schedule of Components of Net Periodic Benefit Cost
The net periodic benefit costs, which are presented within general and administrative expenses, under the Pension Plan were as follows:
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
202520242023
Components of net periodic benefit expense (income):
Interest cost772 741 733 
Expected return on assets(961)(786)(798)
Amortization of prior gain(90)(142)(152)
Net periodic benefit income$(279)$(187)$(217)
Schedule of Major Assumptions for Net Periodic Benefit Costs and Calculated Benefit Obligation
The major assumptions used in determining the net periodic benefit costs for the fiscal years ended September 30, 2025, 2024 and 2023:
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
202520242023
Discount rate5.04%5.67%5.33%
Expected return on plan assets5.20%4.85%4.96%
At September 30, 2025, we are decreasing our long-term rate of return assumption to 5.10% for pension plan assets. The major assumptions used in determining benefit obligations were as follows:
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
202520242023
Discount rate5.87%5.04%5.67%
Rate of compensation increases0.00%0.00%0.00%
Schedule of Plan Assets Distribution
Plan assets distribution was as follows:
Fiscal Year Ended
September 30,
Fiscal Year Ended
September 30,
20252024
Cash11.03%2.69%
Equity securities3.47
Debt securities88.9791.05
Real estate mutual fund1.10
Other1.69
Total100.00%100.00%
Schedule Plan Assets at Fair Value
The fair value of total plan assets by asset category and fair value hierarchy levels as of September 30, 2025 were as follows:
Fair value as of
September 30, 2025
Fair Value Measurements at Reporting Date Using:
Level 1Level 2Level 3
Cash$1,875 $257 $1,618 $— 
Fixed income securities:
Investment grade corporate bonds8,490 — 8,490 — 
Government bonds6,623 — 6,623 — 
Total$16,988 $257 $16,731 $— 
The method of calculation of the fair value of each level of investment is described in Note 2 - Basis of Presentation and Summary of Significant Accounting Policies.
The fair value of total plan assets by asset category and fair value hierarchy levels as of September 30, 2024 were as follows:
Fair value as of
September 30, 2024
Fair Value Measurements at Reporting Date Using:
Level 1Level 2Level 3
Cash$432 $432 $— $— 
Fixed income securities:
Investment grade corporate bonds9,300 — 9,300 — 
Government bonds7,360 — 7,360 — 
Other types of investments:
Multi-asset fund1,595 — 1,595 
Total$18,687 $432 $18,255 $— 
Schedule of Anticipated Future Benefit Payments
Estimated pension benefit payments expected to be paid in cash in each of the next five years and in the aggregate for the following five years thereafter are as follows:
20262027202820292030ThereafterTotal
Projected Benefit Payments$1,262 $954 $1,023 $1,032 $977 $5,148 $10,396