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Leases (Tables)
3 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Lease Assets and Liabilities and Lease Cost
The components of lease assets and liabilities along with their classification on the Company’s consolidated balance sheets were as follows:
Lease Assets and LiabilitiesClassificationDecember 31, 2023September 30, 2023
(in thousands)
Operating lease assetsRight-of-use assets$44,907 $45,297 
Current operating lease liabilitiesLease liabilities3,421 10,563 
Non-current operating lease liabilitiesLease liabilities, net of current portion115,157 104,608 
Three Months Ended December 31,
Lease CostClassification20232022
Operating lease costResearch and development$2,994 $2,069 
General and administrative expense476 533 
Variable lease cost (1)
Research and development779 210 
General and administrative expense— — 
Total $4,249 $2,812 
(1) Variable lease cost is primarily related to operating expenses associated with the Company’s operating leases.
Summary of Maturities of Operating Lease Liabilities on an Undiscounted Basis
The following table presents maturities of operating lease liabilities on an undiscounted basis as of December 31, 2023:
YearAmounts
(in thousands)
2024 (remainder of fiscal year)$9,044 
202515,356 
202615,696 
202714,869 
202813,511 
2029 and thereafter128,356 
Total$196,832 
Less imputed interest$(78,254)
Total operating lease liabilities (includes current portion)$118,578 
Supplemental cash flow and other information related to leases was as follows:
Three Months Ended December 31,
20232022
(in thousands)
Cash received for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,099 $— 
Right-of-use assets obtained in exchange for amended operating lease liabilities$64 $— 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,080 $1,331 
December 31,
20232022
Weighted-average remaining lease term (in years)13.36.9
Weighted-average discount rate8.0 %8.5 %