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Fair Value Measurements (Tables)
6 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Financial Assets that are Measured at Fair Value and Indicates the Fair Value Hierarchy of the Valuation Inputs

The following table presents information about our financial assets that are measured at fair value and indicates the fair value hierarchy of the valuation inputs used (dollars in thousands) as of:

 

 

 

March 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

81,644

 

 

$

-

 

 

$

-

 

 

$

81,644

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper, $13,489 at cost

 

$

-

 

 

$

13,489

 

 

$

-

 

 

$

13,489

 

Corporate bonds, $3,608 at cost

 

 

-

 

 

 

3,607

 

 

 

-

 

 

 

3,607

 

Long-term:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds, $933 at cost

 

 

-

 

 

 

933

 

 

 

-

 

 

 

933

 

Total assets

 

$

81,644

 

 

$

18,029

 

 

$

-

 

 

$

99,673

 

 

 

 

 

September 30, 2020

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

101,437

 

 

$

-

 

 

$

-

 

 

$

101,437

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper, $9,883 at cost

 

$

-

 

 

$

9,883

 

 

$

-

 

 

$

9,883

 

Corporate bonds, $1,780 at cost

 

 

-

 

 

 

1,779

 

 

 

-

 

 

 

1,779

 

Total assets

 

$

101,437

 

 

$

11,662

 

 

$

-

 

 

$

113,099