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

Information with respect to our non-vested restricted stock units for the three months ended December 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, 2024

 

2,587,386

 

 

1,119,437

 

 

3,706,823

 

$

23.51

 

 

 

 

 

Granted

 

2,011,534

 

 

1,867,288

 

 

3,878,822

 

$

4.95

 

 

 

 

 

Vested

 

(923,091

)

 

(143,369

)

 

(1,066,460

)

$

30.80

 

 

 

 

 

Forfeited

 

(91,259

)

 

(420,577

)

 

(511,836

)

$

24.48

 

 

 

 

 

Non-vested at December 31, 2024

 

3,584,570

 

 

2,422,779

 

 

6,007,349

 

$

14.18

 

 

 

 

 

Expected to vest

 

 

 

 

 

6,007,349

 

$

14.18

 

 

1.42

 

$

47,098

 

 

Schedule of Stock-based Compensation

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

 

 

 

Three Months Ended December 31,

 

 

 

2024

 

 

2023

 

Cost of connected services

 

$

53

 

 

$

81

 

Cost of professional services

 

 

437

 

 

 

560

 

Research and development

 

 

1,829

 

 

 

3,831

 

Sales and marketing

 

 

509

 

 

 

718

 

General and administrative

 

 

1,980

 

 

 

3,190

 

Restructuring and other costs, net

 

 

2,963

 

 

 

 

 

$

7,771

 

 

$

8,380