8. INTANGIBLE ASSETS

6 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

8. INTANGIBLE ASSETS

Intangible assets consist of the following as of March 31, 2025 and September 30, 2024:


		March 31, 2025												September 30, 2024
($ in thousands)		Intangible assets				Accumulated amortization				Net intangible assets				Intangible assets				Accumulated amortization				Net intangible assets
Software		$	6,981			$	(1,310	)		$	5,671			$	981			$	(230	)		$	751
Websites			15				(15	)			—				15				(13	)			2
Strategic Contract			9,800				(8,493	)			1,307				9,800				(7,513	)			2,287
Total		$	16,796			$	(9,818	)		$	6,978			$	10,796			$	(7,756	)		$	3,040

Amortization expense for the six months ended March 31, 2025 and 2024 was $2,072 and $1,035, respectively.

The Company expects to record amortization expense of intangible assets over the next 5 years and thereafter as follows:


Fiscal Year
($ in thousands)		March 31, 2025
2025		$	2,045
2026			2,457
2027			2,087
2028 and thereafter			389
Total		$	6,978