v3.26.1
Stock-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity in the Company’s RSUs

A summary of activity in the Company’s RSUs for the nine months ended June 30, 2026 is as follows:

  

  

Number of units

  

Weighted-Average

Grant Date

Fair Value

per Unit

 
Outstanding at September 30, 2025   954,562   $             42.10 
Granted   194,286    2.67 
Forfeited   (18,773)   12.96 
Vested   (623,955)   19.06 
Outstanding at June 30, 2026   506,120    48.81 
Schedule of Activity in the Company’s RSAs

A summary of activity in the Company’s RSAs for the nine months ended June 30, 2026 is as follows:

   

  

Number of shares

  

Weighted-Average

Grant Date

Fair Value

per Share

 
         
Outstanding at September 30, 2025   487,250   $7.00 
Vested   (144,750)   7.00 
Outstanding at June 30, 2026   342,500    7.00 
Schedule of Stock Option Activity

Stock option activity for the nine months ended June 30, 2026 is as follows:

   

  

Number of

Options

  

Weighted-Average

Exercise Price

per Share

  

Weighted-Average

Remaining

Contractual

Term (years)

 
Outstanding at September 30, 2025   245,215   $48.50      
Exercised   (32,353)   1.70      
Forfeited   (1,436)   68.40      
Expired   (6,329)   64.40      
Outstanding at June 30, 2026   205,097    55.26    5.2 
Exercisable at June 30, 2026   202,669    55.11    5.2 
Schedule of Consolidated Statements of Operations and Comprehensive Loss

The condensed consolidated statements of operations and comprehensive loss include stock-based compensation expense as follows:

   

   2026   2025   2026   2025 
  

Three months ended June 30,

  

Nine months ended June 30,

 
   2026   2025   2026   2025 
                 
Cost of revenue – product  $32   $64   $116   $122 
Cost of revenue – services   34        91     
Research and development   14    66    123    212 
Selling, general and administrative   2,270    6,972    9,611    19,922 
Total stock-based compensation expense  $2,350   $7,102   $9,941   $20,256