Revenue Recognition

9 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

The following table summarizes the contract balances recognized on the Company's consolidated balance sheets as follows (in thousands):

	June 30,		September 30,
	2023		2022
Contract assets	$	19,300	$	7,682

Contract assets are included presented as part of the accounts receivables on the consolidated balances sheets. Contract liabilities are presented as deferred revenue, which had no balance as of June 30, 2023 and September 30, 2022.

Disaggregation of Revenue from Contracts with Customers

We disaggregate our revenue from contracts with customers by customer, contract type, as well as whether the Company acts as prime contractor or subcontractor. We believe these categories best depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors. The following series of tables present our revenue disaggregated by these categories:

Revenue by customer for the three and nine months ended June 30, 2023 and 2022 was as follows (in thousands):

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Department of Veterans Affairs	$	35,898	$	33,344	$	104,489	$	92,270
Department of Health and Human Services	44,536		27,741		115,528		78,452
Department of Defense	21,003		8,272		50,802		25,227
Department of Homeland Security	256		(4,908)		639		126,397
Other	548		1,991		2,927		5,594
Total	$	102,241	$	66,440	$	274,385	$	327,940

Revenue by contract type for the three and nine months ended June 30, 2023 and 2022 was as follows (in thousands):

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Time and Materials	$	51,572	$	44,672	$	154,366	$	263,072
Cost Reimbursable	29,110		11,979		58,951		34,364
Firm Fixed Price	21,559		9,789		61,068		30,504
Total	$	102,241	$	66,440	$	274,385	$	327,940

Revenue by whether the Company acts as a prime contractor or a subcontractor for the three and nine months ended June 30, 2023 and 2022 was as follows (in thousands):

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Prime Contractor	$	97,885	$	58,743	$	259,692	$	304,862
Subcontractor	4,356		7,697		14,693		23,078
Total	$	102,241	$	66,440	$	274,385	$	327,940