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Revenue Recognition (Tables)
3 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Revenues Classified by Major Geographic Region

Revenues, classified by the major geographic region in which our customers are located, for the three months ended December 31, 2024 and 2023 (dollars in thousands):

 

 

 

Three Months Ended December 31,

 

 

 

2024

 

 

2023

 

Revenues:

 

 

 

 

 

 

United States

 

$

9,448

 

 

$

99,469

 

Other Americas

 

 

197

 

 

 

84

 

Germany

 

 

19,409

 

 

 

19,133

 

Other Europe, Middle East and Africa

 

 

5,543

 

 

 

4,775

 

Japan

 

 

5,957

 

 

 

5,623

 

Other Asia-Pacific

 

 

10,342

 

 

 

9,251

 

Total net revenues

 

$

50,896

 

 

$

138,335

 

Summary of Significant Changes in Contract Assets and Deferred Revenue The table below shows significant changes in contract assets (dollars in thousands):

 

 

 

Contract assets

 

Balance as of September 30, 2024

 

$

22,219

 

Revenues recognized but not billed

 

 

7,782

 

Amounts reclassified to Accounts receivable, net

 

 

(11,384

)

Effect of foreign currency translation

 

 

(1,786

)

Balance as of December 31, 2024

 

$

16,831

 

 

The table below shows significant changes in deferred revenue (dollars in thousands):

 

 

 

Deferred revenue

 

Balance as of September 30, 2024

 

$

167,176

 

Amounts billed but not recognized

 

 

20,430

 

Revenue recognized

 

 

(19,215

)

Effect of foreign currency translation

 

 

(7,321

)

Balance as of December 31, 2024

 

$

161,070

 

Summary of Estimated Revenue Expected to be Recognized in Future Related to Performance Obligations Unsatisfied or Partially Unsatisfied

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at December 31, 2024 (dollars in thousands):

 

 

 

Within One
Year

 

 

Two to Five
Years

 

 

Greater
than
Five Years

 

 

Total

 

Total revenue

 

$

72,853

 

 

$

90,877

 

 

$

32,139

 

 

$

195,869