v3.26.1
Note 9 - Other Liabilities - Schedule of Other Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Employee retention credit (1) [1] $ 3,759   $ 3,759
Operating Lease, Liability [2] 1,121   1,122
Other (3) [3] 183   193
Fixed payment arrangements (4) 0 [4] $ 0 3,223 [4]
Total other liabilities 5,063   8,297
Less: current portion of other liabilities (220)   (3,379)
Other non-current liabilities $ 4,843   $ 4,918
[1] The $3.8 million Employee Retention Credit (“ERC”) accrual in other non-current liabilities as of March 31, 2026, represents the proceeds the Company received from the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) program during the first quarter of fiscal 2024. When management determines it has reasonable assurance that the Company has substantially met all eligibility requirements of the ERC and following any adjustments from its regulatory audit or upon further clarifications from the IRC, the ERC accrual shall be recognized as a benefit in other income, net in the unaudited consolidated statement of operations.
[2] The Company has entered into various operating lease agreements for certain of its offices. Please see Note 6 - Leases for further detail.
[3] Other consists of taxes payable, deferred cost related to the Company’s technology transfer, and various other accruals, none of which individually or in the aggregate represent greater than five percent of total liabilities.
[4] Fixed payment arrangements represent obligations related to the acquisition of products. As of September 30, 2025, the Company had no remaining accrued amount recorded related to fixed payment arrangements.