NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Potentially Dilutive Common Shares Excluded from Calculation of Net Income per Share

For the twelve months ended September 30, 2024, 2023 and 2022, the following potentially dilutive common shares were excluded from the calculation of net income (loss) per share, as they would have been antidilutive (amounts in thousands):

	2024	2023	2022
Stock options	335	437	506
RSUs	1,646	1,455	960
ESPP common stock equivalents	8	6	7
Performance options	680	755	623
Performance RSUs	303	268	281
Convertible senior notes	7,448	7,448	7,448
Warrants	7,448	7,448	7,448
Total potentially dilutive common shares outstanding	17,868	17,817	17,273

Schedule of Computation of Basic and Diluted Net Income Per Share

The calculation of basic and diluted net income (loss) per share for the twelve months ended September 30, 2024, 2023 and 2022, is as follows (amounts in thousands, except per share data):

 

	2024		2023		2022
Net income	$	3,278	$	8,027	$	3,694
Weighted-average shares outstanding—basic	46,560		45,533		44,595
Common stock equivalents	908		928		1,185
Weighted-average shares outstanding—diluted	47,468		46,461		45,780
Net income per share:
Basic	$	0.07	$	0.18	$	0.08
Diluted	$	0.07	$	0.17	$	0.08

Schedule of Summary of Property and Equipment

The following is a summary of property and equipment as of September 30, 2024 and 2023 (amounts in thousands): 

	2024		2023
Property and equipment—at cost:
Leasehold improvements	$	1,195	$	2,612
Machinery and equipment	2,797		3,657
Capitalized software development costs	4,343		3,610
Furniture and fixtures	707		728
	9,042		10,607
Less: accumulated depreciation and amortization	(6,478)		(7,778)
Total property and equipment, net	$	2,564	$	2,829