The carrying value and changes in the carrying value of goodwill attributable to each reportable segment were as follows:


(in thousands)	GovDeals		CAG		Machinio		Total
September 30, 2022	$	53,814	$	20,538	$	14,558	$	88,910
Translation adjustments		—		478		—		478
September 30, 2023		53,814		21,016		14,558		89,388
Sierra acquisition (see Note 3)		7,977		—		—		7,977
Translation adjustments		—		200		—		200
June 30, 2024	$	61,791	$	21,216	$	14,558	$	97,565

The increase in the goodwill balance of approximately $8.0 million at the GovDeals reportable segment and reporting unit during the nine months ended June 30, 2024, is due to the Sierra acquisition. See Note 3 - Sierra Acquisition for further information.

Goodwill is tested for impairment at the beginning of the fourth quarter and during interim periods whenever events or circumstances indicate that the carrying value may not be recoverable. The Company did not identify any indicators of impairment that required an interim goodwill impairment test during the three and nine months ended June 30, 2024.