v3.26.1
INVESTMENTS
9 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
INVESTMENTS
3. INVESTMENTS
The following tables summarize investments by type of security as of June 30, 2026 and September 30, 2025 (amounts in thousands):
June 30, 2026:Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Market
Value
Available-for-sale securities:
Commercial paper, short-term$7,126 $— $(7)$7,119 
Corporate debt securities, short-term2,548 — (1)2,547 
Corporate debt securities, long-term451 — (1)450 
Total$10,125 $— $(9)$10,116 
September 30, 2025:
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Market
Value
Available-for-sale securities:
U.S. government and agency securities, short-term$998 $— $— $998 
Commercial paper, short-term19,575 (1)19,575 
Corporate debt securities, short-term18,253 34 (2)18,285 
Corporate debt securities, long-term3,431 33 — 3,464 
Total$42,257 $68 $(3)$42,322 
All of the Company’s investments are designated as available-for-sale debt securities. The Company has evaluated its available-for-sale debt securities in an unrealized loss position and has concluded that the unrealized losses are attributable to factors other than credit deterioration, such as changes in interest rates, and are not other-than-temporary. Accordingly, no allowance for credit losses was recorded as of June 30, 2026 or September 30, 2025. As of June 30, 2026 and September 30, 2025, the Company’s short-term investments have maturity dates of less than one year from the balance sheet date and the Company’s long-term investments have maturity dates of greater than one year from the balance sheet date.
The following table summarizes the contractual maturities of the available-for-sale securities as of June 30, 2026 (amounts in thousands):
June 30, 2026September 30, 2025
Due within 1 year
$9,666 $38,858 
Due in 1 to 5 years
450 3,464 
Total
$10,116 $42,322 
Interest income from available-for sale securities was $0.1 million and $0.8 million for the three months ended June 30, 2026 and 2025, respectively, and $1.1 million and $2.4 million for the nine months ended June 30, 2026 and 2025, respectively, and is included in other income, net in the condensed consolidated statements of operations and comprehensive income (loss).