GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

5. GOODWILL AND INTANGIBLE ASSETS

Goodwill

The Company had a goodwill balance of $133.4 million at December 31, 2025, representing the excess of costs over fair value of assets of businesses acquired. The following table summarizes changes in the balance of goodwill during the three months ended December 31, 2025 (amounts shown in thousands):

Balance at September 30, 2025	$	133,457
Foreign currency effect on goodwill	(58)
Balance at December 31, 2025	$	133,399

There were no impairment losses recognized related to goodwill in the three months ended December 31, 2025 or 2024.

Intangible Assets

Intangible assets include the value assigned to purchased completed technology, customer relationships, trade names and covenants not to compete. The estimated useful lives for all of these intangible assets range from three to seven years and they are amortized on a straight-line basis. Intangible assets as of December 31, 2025 and September 30, 2025, respectively, are summarized as follows (amounts in thousands, except for years):

December 31, 2025:	Weighted Average Amortization Period (in years)	Cost		Accumulated Amortization		Net
Completed technologies	7.0	$	76,496	$	42,838	$	33,658
Customer relationships	5.0	5,088		3,836		1,252
Trade names	5.0	6,577		5,018		1,559
Total intangible assets		$	88,161	$	51,692	$	36,469

September 30, 2025:	Weighted Average Amortization Period (in years)	Cost		Accumulated Amortization		Net
Completed technologies	7.0	$	76,524	$	40,120	$	36,404
Customer relationships	5.0	5,090		3,583		1,507
Trade names	5.0	6,580		4,692		1,888
Total intangible assets		$	88,194	$	48,395	$	39,799

Amortization expense related to acquired intangible assets was $3.3 million and $3.7 million during the three months ended December 31, 2025 and 2024, respectively. During the three months ended December 31, 2025, foreign exchange translation had a favorable impact of $33,000 on intangible assets. Amortization expense related to acquired intangible assets is recorded within amortization of acquired intangibles and acquisition-related costs on the condensed consolidated statements of operations and comprehensive income (loss). There were no impairment losses recognized related to intangible assets in the three months ended December 31, 2025 or 2024.

The estimated future amortization expense related to acquired intangible assets is expected to be as follows (amounts in thousands):

Fiscal Period:	Estimated Future Amortization Expense
Remainder of 2026	$	9,920
2027	12,015
2028	10,239
2029	4,295
Total	$	36,469