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STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table summarizes stock-based compensation expense related to RSUs, Performance RSUs, stock options, and ESPP shares for the twelve months ended September 30, 2024, 2023, and 2022, which were allocated as follows (amounts in thousands):
202420232022
Cost of revenue$574 $468 $289 
Selling and marketing3,041 3,023 4,383 
Research and development3,368 2,757 3,701 
General and administrative5,641 4,215 4,973 
Stock-based compensation expense included in expenses
$12,624 $10,463 $13,346 
Schedule of Stock Option Activity
The following table summarizes stock option activity under the Company’s equity plans during the twelve months ended September 30, 2024, 2023, and 2022:
Number of
Shares
Weighted-
Average
Exercise Price
Weighted-
Average
Remaining
Contractual Term
(in years)
Aggregate Intrinsic Value (in thousands)
Outstanding at September 30, 2021816,717 $7.42 5.8$9,046 
Granted— — 
Exercised(35,625)6.68 279 
Canceled— — 
Outstanding at September 30, 2022781,092 7.46 3.71,512 
Granted— — 
Exercised(98,952)7.44 338 
Canceled(30,871)9.49 
Outstanding at September 30, 2023651,269 7.37 3.62,185 
Granted— — 
Exercised(189,559)5.82 976 
Canceled— — 
Outstanding at September 30, 2024461,710 8.00 2.71,183 
Vested and Expected to Vest at September 30, 2024461,710 8.00 2.71,183 
Exercisable at September 30, 2024461,710 $8.00 2.7$1,183 
Schedule of RSU Activity
The following table summarizes RSU activity under the Company’s equity plans during the twelve months ended September 30, 2024, 2023, and 2022:
Number of
Shares
Weighted-
Average
Fair Value
Per Share
Outstanding at September 30, 20212,411,267 $9.99 
Granted1,272,917 14.43 
Settled(898,178)9.57 
Canceled(344,329)11.16 
Outstanding at September 30, 20222,441,677 12.29 
Granted1,101,925 10.24 
Settled(665,635)11.33 
Canceled(689,671)12.49 
Outstanding at September 30, 20232,188,296 11.49 
Granted1,439,138 11.13 
Settled(731,212)11.13 
Canceled(442,592)12.09 
Outstanding at September 30, 20242,453,630 $11.25 
Schedule of Performance RSU Activity The following table summarizes Performance RSU activity under the Company’s equity plans during the twelve months ended September 30, 2024, 2023, and 2022:
Number of
Shares
Weighted-
Average
Fair Market Value
Per Share
Outstanding at September 30, 2021528,724 $9.17 
Granted629,279 15.60 
Settled(176,864)8.42 
Canceled(61,683)13.51 
Outstanding at September 30, 2022919,456 13.43 
Granted325,837 10.23 
Settled(27,245)9.25 
Canceled(487,655)11.61 
Outstanding at September 30, 2023730,393 13.37 
Granted818,587 11.12 
Settled(232,969)10.11 
Canceled(616,553)12.24 
Outstanding at September 30, 2024699,458 $12.82