SUPPLEMENTAL BALANCE SHEET INFORMATION

9 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SUPPLEMENTAL BALANCE SHEET INFORMATION

7.    SUPPLEMENTAL BALANCE SHEET INFORMATION

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

	June 30,		September 30,
	2023		2022
Trade receivables	$	74,492	$	88,867
Unbilled revenue	16,644		17,474
Total	91,136		106,341
Less: Allowance for credit losses	(8,365)		(6,268)
Trade receivables and contract assets, net of allowances for credit losses	$	82,771	$	100,073

Inventories, net consisted of the following:

	June 30,		September 30,
	2023		2022
Raw materials	$	2,094	$	1,757
Work in progress	126		186
Finished goods	4,805		4,933
Research Model Inventory	50,481		68,055
Total	57,506		74,931
Less: Obsolescence reserve	(3,586)		(3,490)
Inventories, net	$	53,920	$	71,441

Prepaid expenses and other current assets consisted of the following:

	June 30,		September 30,
	2023		2022
Advances to suppliers	$	23,828	$	30,292
Prepaid research models	2,906		3,575
Income tax receivable	1,935		366
Other	6,850		8,250
Prepaid expenses and other current assets	$	35,519	$	42,483

The composition of other assets is as follows:

	June 30,		September 30,
	2023		2022
Long-term advances to suppliers	$	4,250	$	2,894
Funded status of defined benefit plan	3,019		1,573
Debt issuance costs - revolving credit facility	341		1,411
Finance lease right-of-use assets, net	47		79
Other	1,685		1,567
Other assets	$	9,342	$	7,524

Accrued expenses consisted of the following:

	June 30,		September 30,
	2023		2022
Accrued compensation	$	8,285	$	17,460
Non-income taxes	3,413		1,200
Accrued interest	2,967		5,228
Accrued professional fees	2,717		4,366
Other	6,068		7,547
Accrued expenses and other liabilities	$	23,450	$	35,801

The composition of fees invoiced in advance is as follows:

	June 30,		September 30,
	2023		2022
Customer deposits	$	32,409	$	39,222
Deferred revenue	18,034		29,420
Fees invoiced in advance	$	50,443	$	68,642