Accrued Expenses and Other Liabilities

3 Months Ended

Dec. 31, 2024

Accrued Liabilities and Other Liabilities [Abstract]

Accrued Expenses and Other Liabilities

Note 9. Accrued Expenses and Other Liabilities

Accrued expenses and other current liabilities consisted of the following (dollars in thousands):

	December 31, 2024		September 30, 2024
Compensation	$	17,102	$	18,755
Professional fees		4,218		4,015
Cost of revenue related liabilities		2,864		2,864
Sales and other taxes payable		2,804		3,668
Interest payable		155		1,735
Legal settlement		-		30,000
Other		5,824		7,368
Total	$	32,967	$	68,405

At September 30, 2024, we recorded a $30.0 million legal settlement related to the settlement of the Securities Action (as defined in Note 12) and a corresponding receivable related to the insurance proceeds in Prepaid and other current assets. The entire settlement amount was funded by insurance proceeds in the first quarter of fiscal year 2025. See Note 12 - Commitments and Contingencies for additional details.