XML 21 R12.htm IDEA: XBRL DOCUMENT v3.23.2
Leases
9 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Leases Leases
The following table summarizes lease balances presented on our consolidated balance sheets was as follows (in thousands):
June 30,September 30,
20232022
Operating lease right-of-use assets$17,911 $16,851 
Operating lease liabilities, current$3,478 $2,235 
Operating lease liabilities - long-term16,485 16,461 
     Total operating lease liabilities$19,963 $18,696 

As of June 30, 2023, operating leases for facilities and equipment have remaining lease terms of less than 1 to 7.9 years.

For the three and nine months ended June 30, 2023 and 2022, total lease costs for our operating leases was as follows (in thousands):
Three Months EndedNine Months Ended
June 30,June 30,
2023202220232022
Operating $1,097 $869 $2,921 $2,684 
Short-term 83 33 225 85 
Variable 47 44 63 89 
Sublease income (a)(71)(69)(214)(188)
       Total lease costs$1,156 $877 $2,995 $2,670 

(a) The Company subleases a portion of one of its leased facilities. The sublease is classified as an operating lease with respect to the underlying asset. The sublease term is 5 years and includes two additional 1-year term extension options.

The Company's future minimum lease payments as of June 30, 2023 as follows (in thousands):
For the Fiscal Year Ending September 30,
2023 (remaining)$1,165 
20244,611 
20253,928 
20263,700 
20272,627 
Thereafter8,672 
Total future lease payments24,703 
   Less: imputed interest(4,740)
Present value of future minimum lease payments19,963 
   Less: current portion of operating lease liabilities(3,478)
Long-term operating lease liabilities$16,485 

At June 30, 2023, the weighted-average remaining lease term and weighted-average discount rate are 6.3 years and 6.4% respectively. The calculation of the weighted-average discount rate was determined based on borrowing terms from our secured term loan.
Other information related to our leases for the nine months ended June 30, 2023 and 2022 was as follows (in thousands):

20232022
Cash paid for amounts included in the measurement of lease liabilities3,317 $2,566 
Lease liabilities arising from obtaining right-of-use assets2,052 $—