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Fair Value Measurements (Tables)
3 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value Measurements for Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis, and indicates the fair value hierarchy of the valuation techniques utilized by the Company:
December 31, 2022
Level 1Level 2Level 3Total
(in thousands)
U.S. government bonds$27,423 $— $— $27,423 
Commercial notes— 104,311 — 104,311 
Corporate debt securities— 319,690 — 319,690 
Certificate of deposits— — — — 
Money market instruments82,924 — — 82,924 
September 30, 2022
Level 1Level 2Level 3Total
(in thousands)
U.S. government bonds$1,973 $— $— $1,973 
Commercial notes— 41,727 — 41,727 
Corporate debt securities— 271,333 — 271,333 
Certificate of deposits50,000 — — 50,000 
Money market instruments39,262 — — 39,262