INVESTMENTS

12 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

3. INVESTMENTS

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


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

U.S. Government and agency securities, short-term	998		—		—		998
Commercial paper, short-term	19,575		1		(1)		19,575
Corporate debt securities, short-term	18,253		34		(2)		18,285


Corporate debt securities, long-term	3,431		33		—		3,464
Total	$	42,257	$	68	$	(3)	$	42,322


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

Accrued interest receivable of $0.5 million and $0.4 million as of September 30, 2025 and 2024, respectively, is not included in the table below. No other-than-temporary impairment charges were recognized in the twelve months ended September 30, 2025, 2024, and 2023. The Company had no realized gain or loss from the sale of available-for-sale securities during each of the twelve months ended September 30, 2025, 2024, and 2023.

The following table summarizes the fair market value and net carrying value of the available-for-sale securities by contractual maturity as of September 30, 2025 (amounts in thousands):


	Available-for-sale securities
	Cost		Fair Market Value
Due within 1 year	$	38,826	$	38,858
Due in 1 to 5 years	3,431		3,464

Total	$	42,257	$	42,322