SUPPLEMENTAL BALANCE SHEET INFORMATION

3 Months Ended

Dec. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SUPPLEMENTAL BALANCE SHEET INFORMATION

.    SUPPLEMENTAL BALANCE SHEET INFORMATION

Trade receivables and contract assets, net of allowances for credit losses, consisted of the following:

	December 31,		September 30,
	2025		2025
Trade receivables	$	58,650	$	74,156
Unbilled revenue	11,011		10,463
Total	69,661		84,619
Less: Allowance for credit losses	(6,485)		(6,397)
Trade receivables and contract assets, net of allowances for credit losses	$	63,176	$	78,222

Inventories, net consisted of the following:

	December 31,		September 30,
	2025		2025
Raw materials	$	1,715	$	1,651
Work in progress	15		—
Finished goods	4,816		5,027
Research model inventory	42,269		41,675
Total	48,815		48,353
Less: Obsolescence reserve	(4,495)		(2,615)
Inventories, net	$	44,320	$	45,738

Prepaid expenses and other current assets consisted of the following:

	December 31,		September 30,
	2025		2025
Advances to suppliers	$	8,364	$	19,396
Prepaid research models	4,148		3,502
Tax-related receivables	1,592		2,263
Note receivable	7,000		—
Insurance recovery asset (1) (2)	16,772		16,961
Other	5,667		6,768
Prepaid expenses and other current assets	$	43,543	$	48,890
(1) In connection with ongoing negotiations to settle the securities class action lawsuit and related derivative lawsuits, the Company booked a $11,000 insurance recovery asset as of each of December 31, 2025 and September 30, 2025. Refer to Note 11 - Contingencies and Commitments - Securities Class Action and Derivative Lawsuits for further discussion.
(2) In connection with the 2025 Cybersecurity Incident (as defined in Note 11 - Contingencies and Commitments), the Company recorded a $5,451 and $4,033 insurance recovery receivable on its condensed consolidated balance sheets as of December 31, 2025 and September 30, 2025, respectively. Refer to Note 11 - Contingencies and Commitments for further information.

The composition of other assets is as follows:

	December 31,		September 30,
	2025		2025
Note receivable	$	2,045	$	7,641
Funded status of defined benefit plan	3,126		2,765
Finance lease right-of-use assets, net	2,771		2,900
Other	1,475		1,650
Other assets	$	9,417	$	14,956

Accrued expenses and other current liabilities consisted of the following:

	December 31,		September 30,
	2025		2025
Accrued compensation	$	9,375	$	12,832
Non-income taxes	3,560		3,491
Accrued interest	3,432		4,388
Current portion of long-term finance lease	511		495
Other	8,270		7,516
Resolution Agreement and Plea Agreement (1)	5,000		5,000
Settlement accrual (2)	11,000		11,000
Accrued expenses and other current liabilities	$	41,148	$	44,722
(1) Pursuant to the Resolution Agreement and Plea Agreement, the Company expects to pay an additional $17,000 over multiple years. Further, all interest accrued on the liabilities associated with the Resolution Agreement and Plea Agreement is payable at the time of the due date of the final payment, which is June 3, 2028. Therefore, accrued interest related to the Resolution Agreement and Plea Agreement is also presented within other long-term liabilities. Beginning in October 2024, interest accrues on the entire unpaid balance of the liabilities associated with the Resolution Agreement and Plea Agreement at an annual rate of 4.18%. Accordingly, the Company has included $12,972 and $12,792 in other long-term liabilities on its condensed consolidated balance sheets as of December 31, 2025 and September 30, 2025, respectively.
(2) In connection with the ongoing negotiations to settle the securities class action lawsuit and related derivative lawsuits, the Company recorded an $11,000 settlement accrual as of each of December 31, 2025 and September 30, 2025. Refer to Note 11 Contingencies and Commitments - Securities Class Action and Derivative Lawsuits for further discussion.

The composition of fees invoiced in advance is as follows:

	December 31,		September 30,
	2025		2025
Client deposits	$	17,288	$	33,152
Deferred revenue	19,740		18,360
Fees invoiced in advance	$	37,028	$	51,512

The composition of other long-term liabilities is as follows:

	December 31,		September 30,
	2025		2025
Long-term client deposits	$	12,396	$	12,665
Long-term finance leases	2,297		2,430
Other	479		498
Resolution Agreement and Plea Agreement (1)	12,972		12,792
Other long-term liabilities	$	28,144	$	28,385
(1) Pursuant to the Resolution Agreement and Plea Agreement, the Company expects to pay an additional $17,000 over multiple years. Further, all interest accrued on the liabilities associated with the Resolution Agreement and Plea Agreement is payable at the time of the due date of the final payment, which is June 3, 2028. Therefore, accrued interest related to the Resolution Agreement and Plea Agreement is also presented within other long-term liabilities. Beginning in October 2024, interest accrues on the entire unpaid balance of the liabilities associated with the Resolution Agreement and Plea Agreement at an annual rate of 4.18%. Accordingly, the Company has included $12,972 and $12,792 in other long-term liabilities on its condensed consolidated balance sheets as of December 31, 2025 and September 30, 2025, respectively.