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REVENUE FROM CONTRACTS WITH CUSTOMERS
9 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS

NOTE 10 – REVENUE FROM CONTRACTS WITH CUSTOMERS

 

Disaggregation of Revenues

 

We disaggregate our revenue from contracts with customers (clients) by service type as indicated in the table below:

 

   2025   2024 
   Nine Months Ended 
(in thousands)  June 30, 
   2025   2024 
vCISO services  $3,248   $3,611 
Cybersecurity software and services   2,330    1,898 
Total  $5,578   $5,509 

 

Deferred Revenue

 

Deferred revenue is comprised of payments received from our clients for products or services in advance of receiving the product or service and primarily occurs for annual software and service contracts, including Enclave. While software contracts can be initiated at any time of year, most of our annual software agreements renewed in our second fiscal quarter ending March 31, 2025.

 

The deferred revenue is expected to be earned within 12 months of the balance sheet date.

 

The change in deferred revenue from September 30, 2024, to June 30, 2025, is summarized as follows:

 

(In thousands)    
Balance at September 30, 2024  $515 
Deferral of revenue   1,374 
Recognition of revenue   1,007 
Balance at June 30, 2025  $882