Accrued Expenses and Other Current Liabilities

12 Months Ended

Sep. 30, 2022

Accrued Expenses and Other Current Liabilities

The components of accrued expenses and other current liabilities consisted of the following:


	September 30,
(in thousands)	2022		2021
Compensation	$	4,213	$	7,192
Warranty	1,504		1,125
Legal expenses and other professional fees	275		152
Income and other taxes	—		104
Severance and restructuring accruals	423		—
Litigation settlement accrual	341		70
Other	1,368		925
Accrued expenses and other current liabilities	$	8,124	$	9,568

Severance and restructuring-related accruals specifically relate to the reductions in force. Expense related to severance and restructuring accruals is included in SG&A expense on the consolidated statements of operations and comprehensive (loss) income. In an effort to better align current and future business operations related to CATV product lines, we reduced our workforce and recorded $0.1 million in severance expense in the fiscal year ended September 30, 2021 and there was $1.4 million in severance expense recorded in the fiscal year ended September 30, 2022. As of September 30, 2022 and 2021 there was $0.4 million and $0.0 million accrued. We expect to have fully exited from our operations in China by the quarter ending June 30, 2023 and do not expect to incur any further costs related to the exit beyond the amount currently accrued.

The following table summarizes the changes in product warranty accrual accounts:


	Year Ended September 30,
(in thousands)	2022		2021
Balance at beginning of period	$	1,125	$	803
Additions from acquisitions	437		—
Provision for product warranty expense	251		505
Adjustments and utilization of warranty accrual	(309)		(183)
Balance at end of period	$	1,504	$	1,125