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Goodwill (Tables)
9 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of goodwill activity

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.