INVESTMENTS

9 Months Ended

Jun. 30, 2025

Investments, Debt and Equity Securities [Abstract]

3. INVESTMENTS

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


June 30, 2025:	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
Available-for-sale securities:

U.S. Government and agency securities, short-term	$	1,488	$	—	$	—	$	1,488
Commercial paper, short-term	17,286		—		(12)		17,274
Corporate debt securities, short-term	21,164		29		(8)		21,185

U.S. Government and agency securities, long-term	500		—		(1)		499
Corporate debt securities, long-term	7,780		29		(4)		7,805
Total	$	48,218	$	58	$	(25)	$	48,251


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 June 30, 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 June 30, 2025 are as follows: $39.9 million within one year and $8.3 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.