SUPPLEMENTAL BALANCE SHEET INFORMATION

6 Months Ended

Mar. 31, 2023

SUPPLEMENTAL BALANCE SHEET INFORMATION

SUPPLEMENTAL BALANCE SHEET INFORMATION

7.SUPPLEMENTAL BALANCE SHEET INFORMATION

Trade receivables and contract assets, net consisted of the following:

	March 31,		September 30,
	2023		2022
Trade receivables	$	65,127	$	88,867
Unbilled revenue		16,410		17,474
Total		81,537		106,341
Less: Allowance for credit losses		(7,523)		(6,268)
Trade receivables and contract assets, net of allowances for credit losses	$	74,014	$	100,073

Inventories, net consisted of the following:

	March 31,		September 30,
	2023		2022
Raw materials	$	2,106	$	1,757
Work in progress		131		186
Finished goods		4,947		4,933
Research Model Inventory		60,617		68,055
Total		67,801		74,931
Less: Obsolescence reserve		(3,515)		(3,490)
Inventories, net	$	64,286	$	71,441

Prepaid expenses and other current assets consisted of the following:

	March 31,		September 30,
	2023		2022
Advances to suppliers	$	29,195	$	30,292
Income tax receivable		1,943		366
Prepaid research models		2,812		3,575
Other		6,529		8,250
Prepaid expenses and other current assets	$	40,479	$	42,483

The composition of other assets is as follows:

	March 31,		September 30,
	2023		2022
Long-term advances to suppliers	$	2,250	$	2,894
Finance lease right-of-use assets, net		65		79
Debt issuance costs - revolving credit facility		384		1,411
Funded status of defined benefit plan		2,507		1,573
Other		1,758		1,567
Other assets	$	6,964	$	7,524

Accrued expenses consisted of the following:

	March 31,		September 30,
	2023		2022
Accrued compensation	$	11,296	$	17,460
Non-income taxes		2,358		1,200
Accrued interest		5,318		5,228
Other		5,657		7,547
Accrued professional fees		6,329		4,366
Accrued expenses and other liabilities	$	30,958	$	35,801

The composition of fees invoiced in advance is as follows:

	March 31,		September 30,
	2023		2022
Customer deposits	$	36,761	$	39,222
Deferred revenue		18,435		29,420
Fees invoiced in advance	$	55,196	$	68,642