Property and Equipment, Net

12 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

8. Property and Equipment, Net

Property and equipment, net consisted of the following (dollars in thousands):

	Useful Life	September 30,
	(In years)	2024			2023
Machinery and equipment	3-5	$	14,297		$	12,391
Computers, software and equipment	3-5		65,748			62,151
Leasehold improvements	2-15		9,457			10,378
Furniture and fixtures	5-7		3,646			3,736
Finance leases			3,428			3,427
Construction in progress			1,090			2,296
Subtotal			97,666			94,379
Less: accumulated depreciation			(67,527	)		(60,366	)
Total		$	30,139		$	34,013

As of September 30, 2024 and 2023, the net book value of capitalized internal-use software costs was $16.9 million and $17.2 million, respectively, which are included within computers, software, and equipment. Depreciation expense for the fiscal years ended September 30, 2024, 2023, and 2022 was $8.3 million, $9.8 million, and $9.4 million, respectively, which included amortization expense of $2.7 million, $4.0 million, and $3.7 million, respectively, for internally developed software costs.

The following table presents our property and equipment, net by geography at September 30, 2024 and 2023 (dollars in thousands):

	September 30,
	2024		2023
Long-lived assets:
United States	$	23,903	$	26,117
Germany		1,440		1,861
Canada		1,321		1,695
Other countries		3,475		4,340
Total long-lived assets	$	30,139	$	34,013