INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Tax Benefit (Provision)

Income (loss) before income taxes for the twelve months ended September 30, 2024, 2023, and 2022 is comprised of the following (amounts in thousands):

	2024		2023		2022
Domestic	$	10,246	$	23,836	$	11,483
Foreign	(11,155)		(13,495)		(7,881)
Total	$	(909)	$	10,341	$	3,602

For the twelve months ended September 30, 2024, 2023, and 2022 the income tax benefit (provision) was as follows (amounts in thousands):

	2024		2023		2022
Current:
Federal	$	(6,323)	$	(4,414)	$	(233)
State	(420)		(1,215)		(325)
Foreign	495		(1,023)		(1,800)
Total current benefit (provision) for income taxes	(6,248)		(6,652)		(2,358)
Deferred:
Federal	4,291		(659)		(1,400)
State	397		819		513
Foreign	5,747		4,178		3,337
Total deferred benefit (provision) for income taxes	10,435		4,338		2,450
Total tax benefit (provision)	$	4,187	$	(2,314)	$	92

Schedule of Significant Components of Net Deferred Tax Assets and Liabilities

Significant components of the Company’s net deferred tax assets and liabilities as of September 30, 2024 and 2023 are as follows (amounts in thousands):

	2024		2023
Deferred tax assets:
Stock-based compensation	$	2,866	$	2,357
Net operating loss carryforwards	12,437		11,548
Research credit carryforwards	5,398		4,336
Lease liability	1,235		1,185
Intangibles	8,408		4,606
Other, net	682		852
Total deferred assets	31,026		24,884
Deferred tax liabilities:
Right of use asset	(1,141)		(1,032)
Intangibles	(13,414)		(15,914)
Total deferred liabilities	(14,555)		(16,946)
Valuation allowance for net deferred tax assets	(1,215)		(2,769)
Net deferred tax asset	$	15,256	$	5,169

Schedule of Income Taxes Computed Using Federal Income Tax Rate

The difference between the income tax benefit (provision) and income taxes computed using the U.S. federal income tax rate was as follows for the twelve months ended September 30, 2024, 2023, and 2022 (amounts shown in thousands):

	2024		2023		2022
Amount computed using statutory rate	$	191	$	(2,172)	$	(756)
Net change in valuation allowance for net deferred tax assets	1,696		292		(1,702)
Foreign rate differential	439		504		268
Permanent differences	190		(14)		(64)
Transaction costs	—		—		(411)
State income tax	(19)		(100)		251
Research and development credits	1,754		791		1,166
Contingent consideration	(28)		(432)		285
Uncertain tax positions	(93)		(184)		(318)
Stock compensation, net	(242)		(522)		(232)
Other	299		(477)		1,605
Income tax (provision) benefit	$	4,187	$	(2,314)	$	92

Schedule of Reconciliation of Unrecognized Tax Benefits

The following table reconciles the beginning and ending amount of unrecognized tax benefits for the twelve months ended September 30, 2024, 2023, and 2022 (amounts shown in thousands):

	2024		2023		2022
Gross unrecognized tax benefits at the beginning of the year	$	2,985	$	2,664	$	2,114
Additions from tax positions taken in the current year	253		330		484
Additions from tax positions taken in prior years	—		—		66
Reductions from tax positions taken in prior years	(355)		(9)		—
Gross unrecognized tax benefits at end of the year	$	2,883	$	2,985	$	2,664