Investments

9 Months Ended

Jun. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Note 5 - Investments

In February 2025, we invested a portion of our cash and cash equivalents in short-term investments which primarily consist of corporate and government bonds with a minimum credit rating of A. We have the ability and intention to hold these investments until maturity and therefore classified these investments as held-to-maturity. We recorded these at amortized cost and presented the bonds maturing in less then one year in “Held-to-maturity investments” and the bonds maturing in greater than one year in “Other assets” on our condensed consolidated balance sheet as of June 30, 2025. For the year ended September 30, 2024, there were no held-to-maturity investments.

The amortized cost, gross unrealized gains or losses, and fair value of investments classified as held-to-maturity at June 30, 2025 were as follows:


	June 30, 2025
			Gross Unrealized				Estimated Fair
Corporate and government bonds	Amortized Cost		Gains		Losses		Market Value
Due in less than 1 year:	$	47,162	$	2	$	(20)	$	47,144
Due in more than 1 year:	5,566		3		—		5,569

Investments are exposed to various risks, including interest rate, market and credit risk. As a result, it is possible that changes in the values of these investments may occur and that such changes could affect the amounts reported in the condensed consolidated financial statements.