v3.26.1
Revenue Recognition
 9 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table summarizes the contract balances recognized on the Company's consolidated balance sheets as follows (in thousands):
June 30,September 30,
20262025
Contract assets$7,342 $22,000 

Contract assets are included as part of accounts receivable on the consolidated balance sheets. The change from prior period is primarily due to reduced revenue volume. Contract liabilities had no balance as of June 30, 2026 and September 30, 2025.

Disaggregation of Revenue from Contracts with Customers

We disaggregate our revenue from contracts with customers by customer, contract type, as well as whether the Company acts as prime contractor or subcontractor. We believe these categories best depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors. The following series of tables present our revenue disaggregated by these categories:

Revenue by customer was as follows (in thousands):
Three Months EndedNine Months Ended
June 30,June 30,
2026202520262025
Department of Health and Human Services$31,255 $43,088 $98,381 $129,834 
Department of Veterans Affairs6,290 26,979 52,938 89,774 
Department of Defense6,610 12,722 20,666 40,788 
Other70 554 398 2,941 
Total $44,225 $83,343 $172,383 $263,337 

Revenue by contract type was as follows (in thousands):
Three Months EndedNine Months Ended
June 30,June 30,
2026202520262025
Time and Materials$7,687 $42,438 $59,642 $138,178 
Firm Fixed Price21,939 22,559 70,184 69,088 
Cost Reimbursable14,599 18,346 42,557 56,071 
Total $44,225 $83,343 $172,383 $263,337 

Revenue by whether the Company acts as a prime contractor or a subcontractor was as follows (in thousands):
Three Months EndedNine Months Ended
June 30,June 30,
2026202520262025
Prime Contractor$38,798 $76,598 $157,524 $241,457 
Subcontractor5,427 6,745 14,859 21,880 
Total $44,225 $83,343 $172,383 $263,337