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


Goodwill (in thousands)	GovDeals		CAG		Machinio & Software Solutions		Total
Balance at September 30, 2022	$	53,814	$	20,538	$	14,558	$	88,910
Translation adjustments		—		478		—		478
Balance at September 30, 2023	$	53,814	$	21,016	$	14,558	$	89,388
Sierra acquisition (see Note 3)		7,869		—		—		7,869
Translation adjustments		—		535		—		535
Balance at September 30, 2024	$	61,683	$	21,551	$	14,558	$	97,792
Translation adjustments		—		17		—		17
Auction Software acquisition (see Note 3)		—		—		5,066		5,066
Balance at September 30, 2025	$	61,683	$	21,568	$	19,624	$	102,875

The increase in the goodwill balance of approximately $5.1 million at the Software Solutions business during the twelve months ended September 30, 2025, is due to the Auction Software acquisition; see Note 3 - Acquisitions for further information.

The increase in the goodwill balance of approximately $7.9 million at the GovDeals reportable segment and reporting unit during the year ended September 30, 2024, is due to the Sierra acquisition; see Note 3 - Acquisitions for further information.

Our RSCG reportable segment did not maintain a goodwill balance during any of the fiscal year ends presented above. Accumulated goodwill impairment losses as of September 30, 2025 and 2024 were $168.6 million.

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. As of July 1, 2025, the Company performed its annual impairment test on a qualitative basis and concluded that it was more likely than not that the fair value of each reporting unit exceeded their carrying amounts. The Company did not record impairment charges on goodwill during the years ended September 30, 2025, 2024, and 2023.

The Company did not identify any indicators of impairment that required an interim goodwill impairment test during the three months ended September 30, 2025.