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STOCKHOLDERS’ EQUITY (Tables)
9 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table summarizes stock-based compensation expense related to restricted stock units (“RSUs”), stock options, and Employee Stock Purchase Plan (“ESPP”) shares, which was allocated as follows (amounts in thousands):
Three Months Ended June 30,Nine Months Ended June 30,
 2024202320242023
Cost of revenue$194 $124 $447 $316 
Selling and marketing818 885 2,579 2,423 
Research and development1,344 644 3,751 2,097 
General and administrative1,229 991 4,124 2,954 
Stock-based compensation expense included in expenses
$3,585 $2,644 $10,901 $7,790 
Schedule of Stock Option Activity
The following table summarizes stock option activity under the Company’s equity plans during the nine months ended June 30, 2024:
Number of
Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining
Contractual Term
(in years)
Aggregate Intrinsic Value
(in thousands)
Outstanding at September 30, 2023651,269 $7.37 3.6$2,185 
Granted— — 
Exercised(168,434)6.21 833 
Canceled— — 
Outstanding at June 30, 2024482,835 7.77 2.81,648 
Vested and Expected to Vest at June 30, 2024482,835 7.77 2.81,648 
Exercisable at June 30, 2024482,835 7.77 2.81,648 
Schedule of RSU Activity
The following table summarizes RSU activity under the Company’s equity plans during the nine months ended June 30, 2024:
 
Number of
Shares
Weighted-Average
Fair Market Value
Per Share
Outstanding at September 30, 20232,188,296 $11.49 
Granted1,278,764 11.36 
Settled(670,167)11.13 
Canceled(411,547)12.16 
Outstanding at June 30, 20242,385,346 11.38 
Schedule of Performance RSU Activity
The following table summarizes Performance RSU activity under the Company’s equity plans during the nine months ended June 30, 2024:
 
Number of
Shares
Weighted-Average
Fair Market Value
Per Share
Outstanding at September 30, 2023730,393 $13.37 
Granted818,587 11.12 
Settled(232,969)10.11 
Canceled(436,413)13.40 
Outstanding at June 30, 2024879,598 12.12