Leases (Tables)

6 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of Financial Statement Classification of Lease Balances Within Condensed Consolidated Balance Sheets

The following table provides information about the financial statement classification of our lease balances reported within the Condensed Consolidated Balance Sheets, in thousands:

	March 31, 2024		September 30, 2023
Assets
Right-of-use assets - operating	$	9,784	$	11,217
Right-of-use assets - finance		106		123
Total right-of-use assets	$	9,890	$	11,340
Liabilities
Current
Operating lease liabilities	$	1,934	$	2,623
Finance lease liabilities		41		64
Total current portion of long-term lease liabilities		1,975		2,687
Long-term
Operating lease liabilities		8,195		8,894
Finance lease liabilities		65		50
Total long-term lease liabilities		8,260		8,944
Total lease liabilities	$	10,235	$	11,631

Schedule of Financial Statement Classification of Lease Expenses Reported in Condensed Consolidated Statements of Operations

The following table provides information about the financial statement classification of our lease expenses reported in the Condensed Consolidated Statements of Operations, in thousands:

		Three Months Ended March 31,				Six Months Ended March 31,
Lease cost	Classification	2024		2023		2024		2023
Operating lease cost	Cost of sales	$	373	$	688	$	1,118	$	1,149
Operating lease cost	Selling, general and administrative		464		202		668		379
Operating lease cost	Research, development and engineering		3		4		6		7
Finance lease cost	Cost of sales		1		1		2		2
Finance lease cost	Selling, general and administrative		22		18		42		36
Short-term lease cost	Cost of sales		—		9		—		17
Total lease cost		$	863	$	922	$	1,836	$	1,590

Future Minimum Lease Payments Under Non-cancelable Leases

Future minimum lease payments under non-cancelable leases as of March 31, 2024 are as follows, in thousands:

	Operating Leases		Finance Leases		Total
Remainder of 2024	$	1,416	$	31	$	1,447
2025		2,059		29		2,088
2026		1,725		29		1,754
2027		1,106		21		1,127
2028		1,115		5		1,120
Thereafter		5,144		—		5,144
Total lease payments		12,565		115		12,680
Less: Interest		2,436		9		2,445
Present value of lease liabilities	$	10,129	$	106	$	10,235

Schedule of Weighted Average Remaining Term and Discount Rates

The following table provides information about the remaining lease terms and discount rates applied:

	March 31, 2024			September 30, 2023
Weighted average remaining lease term
Operating leases	7.72 years			7.31 years
Finance leases	4.88 years			2.54 years
Weighted average discount rate
Operating leases		5.60	%		5.50	%
Finance leases		5.52	%		4.91	%