SUPPLEMENTAL BALANCE SHEET INFORMATION

6 Months Ended

Mar. 31, 2024

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:

	March 31,		September 30,
	2024		2023
Trade receivables	$	55,021	$	77,618
Unbilled revenue	17,195		17,211
Total	72,216		94,829
Less: Allowance for credit losses	(6,459)		(7,446)
Trade receivables and contract assets, net of allowances for credit losses	$	65,757	$	87,383

Inventories, net consisted of the following:

	March 31,		September 30,
	2024		2023
Raw materials	$	2,007	$	2,259
Work in progress	86		124
Finished goods	4,540		4,439
Research Model Inventory	42,718		52,524
Total	49,351		59,346
Less: Obsolescence reserve	(3,945)		(3,244)
Inventories, net	$	45,406	$	56,102

Prepaid expenses and other current assets consisted of the following:

	March 31,		September 30,
	2024		2023
Advances to suppliers	$	21,331	$	19,247
Prepaid research models	4,705		4,300
Income tax receivable	2,313		1,813
Note receivable	1,334		1,226
Other	7,138		6,822
Prepaid expenses and other current assets	$	36,821	$	33,408

The composition of other assets is as follows:

	March 31,		September 30,
	2024		2023
Long-term advances to suppliers	$	3,741	$	3,681
Funded status of defined benefit plan	3,163		3,036
Other	3,959		3,362
Other assets	$	10,863	$	10,079

Accrued expenses and other current liabilities consisted of the following:

	March 31,		September 30,
	2024		2023
Accrued compensation	$	11,099	$	12,966
Non-income taxes	4,474		4,596
Accrued interest	3,887		2,975
Other	5,141		5,239
Agreement in Principle (Note 1)	$	6,501	—
Accrued expenses and other current liabilities	$	31,102	$	25,776

The composition of fees invoiced in advance is as follows:

	March 31,		September 30,
	2024		2023
Customer deposits	$	24,295	$	36,689
Deferred revenue	17,380		18,933
Fees invoiced in advance	$	41,675	$	55,622

The composition of other liabilities is as follows:

	March 31,		September 30,
	2024		2023
Long-term client deposits	$	17,000	$	5,250
Other	1,055		1,123
Agreement in Principle (Note 1)	20,000		—
Other liabilities	$	38,055	$	6,373