INVESTMENTS

6 Months Ended

Mar. 31, 2025

Investments, Debt and Equity Securities [Abstract]

3. INVESTMENTS

The following tables summarize investments by type of security as of March 31, 2025 and September 30, 2024 (amounts in thousands):


March 31, 2025:	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
Available-for-sale securities:

U.S. Government and agency securities, short-term	$	978	$	1	$	—	$	979
Commercial paper, short-term	10,129		2		(1)		10,130
Corporate debt securities, short-term	20,339		29		(5)		20,363

U.S. Government and agency securities, long-term	1,500		—		(1)		1,499
Corporate debt securities, long-term	14,694		33		(15)		14,712
Total	$	47,640	$	65	$	(22)	$	47,683


September 30, 2024:	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
Available-for-sale securities:
U.S. Treasury, short-term	$	3,841	$	1	$	(6)	$	3,836

Commercial paper, short-term	15,964		20		—		15,984
Corporate debt securities, short-term	17,008		56		—		17,064


Corporate debt securities, long-term	11,328		84		(2)		11,410
Total	$	48,141	$	161	$	(8)	$	48,294

All of the Company’s investments are designated as available-for-sale debt securities. As of March 31, 2025 and September 30, 2024, the Company’s short-term investments have maturity dates of less than one year from the balance sheet date and the Company’s long-term investments have maturity dates of greater than one year from the balance sheet date. The contractual maturities of the available-for-sale securities held at March 31, 2025 are as follows: $31.5 million within one year and $16.2 million beyond one year to five years. As of September 30, 2024, the contractual maturities of the available-for-sale securities were $36.9 million within one year and $11.4 million beyond one year to five years.