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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

The following table provides stock-based compensation by the financial statement line item in which it is reflected:


	Fiscal Years Ended September 30,
	2023		2022
General and administrative	$	7,844	$	5,960
Other operating expense	—		23,014
Stock-based compensation, before income taxes	7,844		28,974
Provision for income taxes	(311)		(5,123)
Stock-based compensation, net of income taxes	$	7,533	$	23,851

Schedule of Weighted Average Assumptions Utilized to Value Stock-Based Compensation

The weighted-average assumptions used to compute the fair value of options granted under the Black-Scholes model for the fiscal years ended September 30, 2023 and 2022 were as follows:


	2023		2022
Risk-free interest rate	4.29	%	1.24	%
Dividend yield	—	%	—	%
Volatility of the expected market price of the Company’s common shares	100.59	%	76.62	%
Expected life of the options (years)	3.57		3.24

Schedule of Stock Option Activity

A summary of the Company’s stock option activity and related information for the year ended September 30, 2023, is as follows:


	Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic Value
	(in thousands)			(in years)	(in thousands)
Outstanding as of September 30, 2022	1,949	$	12.54
Granted	166	8.42
Exercised	(43)	2.53
Cancelled	(325)	13.89
Outstanding as of September 30, 2023	1,747	$	12.06	6.59	$	474
Exercisable as of September 30, 2023	1,310	$	10.50	5.90	$	474
Expected to vest as of September 30, 2023	437	$	16.73	8.67	$	—

Schedule of Restricted Share Activity

A summary of the Company’s RSA activity for the year ended September 30, 2023 is as follows:


	Restricted Shares (in thousands)	Weighted- Average Grant Date Fair Value
Outstanding (non-vested) – September 30, 2022	149	$	16.09
Granted	16	$	6.56
Vested	(107)	$	11.20
Forfeited	(17)	$	17.60
Outstanding (non-vested) – September 30, 2023	39	$	25.03

Schedule of Restricted Stock Units Activity

A summary of the Company’s RSUs for the year ended September 30, 2023 is as follows:


	Restricted Stock Units (in thousands)	Weighted- Average Grant Date Fair Value
Outstanding (non-vested) – September 30, 2022	551	$	23.82
Granted	546	$	7.16
Vested	(137)	$	24.28
Forfeited	(23)	$	12.67
Outstanding (non-vested) – September 30, 2023	936	$	14.29