v3.25.1
8. INTANGIBLE ASSETS (Tables)
6 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of 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

 

Schedule of Amortization Expense of Intangible Assets

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