v3.26.1
8. INTANGIBLE ASSETS
6 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

8. INTANGIBLE ASSETS

Intangible assets consist of the following as of March 31, 2026 and September 30, 2025:

 

 

March 31, 2026

 

 

September 30, 2025

 

 ($ in thousands)

 

Intangible assets

 

 

Accumulated amortization

 

 

Net intangible assets

 

 

Intangible assets

 

 

Accumulated amortization

 

 

Net intangible assets

 

Software

 

$

7,981

 

 

$

(3,690

)

 

$

4,291

 

 

$

7,981

 

 

$

(2,458

)

 

$

5,523

 

Websites

 

 

 

 

 

 

 

 

 

 

 

15

 

 

 

(15

)

 

 

 

Strategic contract

 

 

9,800

 

 

 

(9,800

)

 

 

 

 

 

9,800

 

 

 

(9,474

)

 

 

326

 

Total

 

$

17,781

 

 

$

(13,490

)

 

$

4,291

 

 

$

17,796

 

 

$

(11,947

)

 

$

5,849

 

Amortization expense for the six months ended March 31, 2026 and 2025 was $1,559 and $2,072, respectively.

The Company expects to record amortization expense of intangible assets over the future periods as follows:

Fiscal year

 

 

 

 ($ in thousands)

 

Intangible assets

 

2026

 

$

1,232

 

2027

 

 

2,420

 

2028

 

 

639

 

Total

 

$

4,291