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Stockholders' Equity (Tables)
6 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Non-vested Restricted Stock Units

Information with respect to our non-vested restricted stock units for the six months ended March 31, 2024 was as follows:

 

 

Non-Vested Restricted Stock Units

 

 

Time-Based
Shares

 

Performance-
Based Shares

 

Total Shares

 

Weighted-
Average
Grant-Date
Fair Value

 

Weighted-
Average
Remaining
Contractual
Term (years)

 

Aggregate
Intrinsic
Value
(in thousands)

 

Non-vested at September 30, 2023

 

2,372,145

 

 

1,145,550

 

 

3,517,695

 

$

32.52

 

 

 

 

 

Granted

 

2,084,023

 

 

406,166

 

 

2,490,189

 

$

17.37

 

 

 

 

 

Vested

 

(1,232,235

)

 

(63,998

)

 

(1,296,233

)

$

35.06

 

 

 

 

 

Forfeited

 

(122,308

)

 

(137,068

)

 

(259,376

)

$

39.93

 

 

 

 

 

Non-vested at March 31, 2024

 

3,101,625

 

 

1,350,650

 

 

4,452,275

 

$

23.63

 

 

 

 

 

Expected to vest

 

 

 

 

 

4,452,275

 

$

23.63

 

 

1.34

 

$

70,079

 

 

Schedule of Stock-based Compensation

Stock-based compensation was included in the following captions in our Condensed Consolidated Statements of Operations for the three and six months ended March 31, 2024 and 2023 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Cost of connected services

 

$

64

 

 

$

175

 

 

$

145

 

 

$

371

 

Cost of professional services

 

 

601

 

 

 

1,012

 

 

 

1,161

 

 

 

2,165

 

Research and development

 

 

2,548

 

 

 

4,088

 

 

 

6,379

 

 

 

8,542

 

Sales and marketing

 

 

372

 

 

 

1,522

 

 

 

1,090

 

 

 

3,182

 

General and administrative

 

 

1,160

 

 

 

5,558

 

 

 

4,350

 

 

 

10,567

 

 

$

4,745

 

 

$

12,355

 

 

$

13,125

 

 

$

24,827