v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities:    
Consolidated net loss $ (60,845) $ (42,496)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 27,872 28,003
Employee stock compensation expense 2,586 3,205
Changes in deferred taxes (3,789) (4,028)
Provision for expected credit losses 404 (975)
Amortization of debt issuance costs and original issue discount 2,748 2,556
Non-cash interest and accretion expense 6,129 6,090
Other non-cash operating activities 356 1,178
Changes in operating assets and liabilities:    
Trade receivables and contract assets 16,307 3,370
Inventories 14,930 (20,001)
Prepaid expenses and other current assets 18,348 7,483
Operating lease right-of-use assets and liabilities, net 554 (167)
Accounts payable (8,855) (129)
Accrued expenses and other current liabilities (9,567) (1,374)
Fees invoiced in advance (13,124) (814)
Other asset and liabilities, net (557) 787
Net cash used in operating activities (6,503) (17,312)
Investing activities:    
Capital expenditures (7,283) (9,932)
Proceeds from sale of property and equipment 6 22
Net cash used in investing activities (7,277) (9,910)
Financing activities:    
Payments on revolving credit facility 0 (20,000)
Payments on senior term notes and delayed draw term loans (2,119) (1,382)
Borrowings on revolving credit facility 10,000 20,000
Issuance of common shares 0 27,524
Other financing activities, net (459) (649)
Net cash provided by financing activities 7,422 25,493
Effect of exchange rate changes on cash and cash equivalents (203) (404)
Net decrease in cash and cash equivalents (6,561) (2,133)
Cash and cash equivalents at beginning of period 21,741 21,432
Cash and cash equivalents at end of period 15,180 19,299
Supplemental disclosure of cash flow information:    
Cash paid for interest 17,086 21,111
Income taxes paid, net $ 1,533 $ 1,135