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LEASES (Tables)
12 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Schedule of Lease Cost
The following table provides the components of lease cost recognized in the consolidated statements of operations and comprehensive income for the periods presented (amounts in thousands):
Twelve Months Ended September 30,
20232022
Operating lease cost2,0251,881
Variable lease cost319385
Total lease cost(1)
2,3442,266
1.Short-term lease costs incurred by the Company for the twelve months ended September 30, 2023 and 2022 were immaterial.
Schedule of Assets And Liabilities, Lessee
Other information related to leases as of the balance sheet dates presented are as follows:
Twelve Months Ended September 30,
20232022
Weighted-average remaining lease term (years) - operating leases4.34.5
Weighted-average discount rate - operating leases3.7 %3.5 %
Schedule of Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities as of September 30, 2023 were as follows (amounts in thousands):
Operating Leases1
20241,985 
2025713 
2026701 
2027616 
2028413 
Thereafter574 
Total lease payments5,002 
Less: amount representing interest$(233)
Present value of future lease payments$4,769 
1.Excludes approximately $1.8 million of legally binding minimum lease payments for an office lease signed but not yet commenced.