Note 4 - Property and Equipment, Net

12 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(4) Property and Equipment, Net

The following table summarizes the Company’s property and equipment balances:

	September 30,
	2025			2024
	(In thousands)
Equipment	$	447		$	324
Leasehold improvements		154			154
Furniture and fixtures		339			344
IT infrastructure		87			87
Software		1,140			1,005
Property and equipment, gross		2,167			1,914
Accumulated depreciation		(1,643	)		(1,540	)
Property and equipment, net	$	524		$	374

The following useful lives are assigned to fixed assets: furniture is seven years, equipment is three years, and software ranges from one to three years. During fiscal year 2025 and 2024, depreciation expense was $0.3 million and $0.2 million, respectively.