Cash, Cash Equivalent and Investments

6 Months Ended

Mar. 31, 2025

Cash and Cash Equivalents [Abstract]

Cash, Cash Equivalent and Investments

Cash, Cash Equivalent and Investments

The following table sets forth the cash and cash equivalents, and investments as of March 31, 2025:

(in thousands)	Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair value
Cash	$	42,043	$	—	$	—	$	42,043
Cash equivalents - money market funds	168,394		—		—		168,394
Total cash and cash equivalents	$	210,437	$	—	$	—	$	210,437
Short-term investments:
U.S. government treasury bills	$	46,687	$	23	$	—	$	46,710
Total short-term investments	$	46,687	$	23	$	—	$	46,710
Non-current assets - equity investment in privately held companies	$	1,525	$	—	$	—	$	1,525
Total cash, cash equivalents and investments	$	258,649	$	23	$	—	$	258,672

The following table sets forth the cash and cash equivalents, and investments as of September 30, 2024:

(in thousands)	Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair value
Cash	$	26,458	$	—	$	—	$	26,458
Cash equivalents - money market funds	199,858		—		—		199,858
Total cash and cash equivalents	$	226,316	$	—	$	—	$	226,316
Short-term investments:
U.S. government treasury bills	$	49,964	$	119	$	—	$	50,083
Total short-term investments	$	49,964	$	119	$	—	$	50,083
Non-current assets - equity investment in privately held companies	$	1,525	$	—	$	—	$	1,525
Total cash, cash equivalents and investments	$	277,805	$	119	$	—	$	277,924

During the six months ended March 31, 2025 and 2024, gross realized gains and losses related to our short-term investments were not material.

During the six months ended March 31, 2025 and 2024, the Company did not recognize any credit losses.