Long-Term Debt (Tables)

3 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consisted of the following (in thousands):

December 31, 2024
Description	Maturity Date	Convertible Debt Coupon Rate	Effective Interest Rate	Principal		Unamortized Discount			Deferred Issuance Costs			Carrying Value
2025 Modified Notes	6/1/2025	3.00%	4.01%	$	60,125	$	-		$	(171	)	$	59,954
2025 Modified Notes	7/1/2028	1.50%	8.51%		87,500		(2,512	)		(9,588	)		75,400
2028 Notes	7/1/2028	1.50%	1.91%		122,500		-			(1,692	)		120,808
Total debt				$	270,125	$	(2,512	)	$	(11,451	)		256,162
Less: current portion of long-term debt													(59,954	)
Total long-term debt												$	196,208

September 30, 2024
Description	Maturity Date	Convertible Debt Coupon Rate	Effective Interest Rate	Principal		Unamortized Discount			Deferred Issuance Costs			Carrying Value
2025 Modified Notes	6/1/2025	3.00%	3.70%	$	87,500	$	-		$	(406	)	$	87,094
2025 Modified Notes	7/1/2028	1.50%	8.55%		87,500		(2,777	)		(10,602	)		74,121
2028 Notes	7/1/2028	1.50%	1.91%		122,500		-			(1,809	)		120,691
Total debt				$	297,500	$	(2,777	)	$	(12,817	)		281,906
Less: current portion of long-term debt													(87,094	)
Total long-term debt												$	194,812

Summary of Maturities of Borrowing Obligations

The following table summarizes the maturities of our borrowing obligations as of December 31, 2024 (in thousands):

Fiscal Year	2028 Notes			2025 Modified Notes			Total
2025	$	—		$	60,125		$	60,125
2026		—			—			—
2027		—			—			—
2028		122,500			87,500			210,000
2029
Thereafter		—			—			—
Total before unamortized discount and issuance costs and current portion	$	122,500		$	147,625		$	270,125
Less: unamortized discount and issuance costs		(1,692	)		(12,271	)		(13,963	)
Less: current portion of long-term debt		—			(59,954	)		(59,954	)
Total long-term debt	$	120,808		$	75,400		$	196,208

Schedule of Interest Expense Related to Notes

The interest expense recognized related to the Notes for the three months ended December 31, 2024 and 2023 was as follows (dollars in thousands):

	Three Months Ended December 31,
	2024		2023
Contractual interest expense	$	1,425	$	1,442
Amortization of debt discount		265		251
Amortization of issuance costs		1,281		1,217
Total interest expense related to the Notes	$	2,971	$	2,910