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Equity (Tables)
12 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Stock Options Activity
The following table summarizes stock option activity under the Equity Plans for the fiscal year ended September 30, 2022:
Number of SharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (in years)Aggregate Intrinsic Value (*) (in thousands)
Outstanding as of September 30, 202119,869 $4.59 
Granted— — 
Exercised5,725 5.05 
Forfeited— — 
Expired4,163 4.13 
Outstanding as of September 30, 20229,981 $4.52 2.53$— 
Exercisable as of September 30, 20229,981 $4.52 2.53$— 
Vested and expected to vest as of September 30, 20229,981 $4.52 2.53$— 
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(*)    Intrinsic value for stock options represents the “in-the-money” portion or the positive variance between a stock option’s exercise price and the underlying stock price. For the fiscal year ended September 30, 2021, the intrinsic value of options exercised was $0.
Schedule of Restricted Stock Activity
The following table summarizes the activity related to RSUs and RSAs subject to time-based vesting requirements for the fiscal year ended September 30, 2022:
RSUsRSAs
Number of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair Value
Non-vested as of September 30, 20211,804,854 $4.61 — $— 
Granted1,987,657 3.46 — — 
Vested592,711 4.57 — — 
Forfeited254,420 3.95 — — 
Non-vested as of September 30, 20222,945,380 $3.90 — $— 
Schedule of Performance Share Activity The following table summarizes the activity related to PSUs for the fiscal year ended September 30, 2022:
PSUs
Number of Shares (at target)Weighted Average Grant Date Fair Value
Non-vested as of September 30, 2021967,000 $5.01 
Granted1,082,053 4.51 
Vested92,352 5.19 
Forfeited147,648 5.19 
Non-vested as of September 30, 20221,809,053 $4.69 
Schedule of Stock-based Compensation Expense - By Award Type
The following table sets forth stock-based compensation expense by award type:
Year Ended September 30,
(in thousands)20222021
Employee stock options$— $
RSUs and RSAs2,576 2,093 
PSUs and PRSAs2,314 1,396 
ESPP— 307 
Outside director equity awards and fees in common stock484 382 
Total stock-based compensation expense$5,374 $4,180 
Schedule of Stock-based Compensation Expense - By Expense Type
The following table sets forth stock-based compensation expense by expense type:
Year Ended September 30,
(in thousands)20222021
Cost of revenue$952 $767 
Selling, general, and administrative3,591 2,590 
Research and development831 823 
Total stock-based compensation expense$5,374 $4,180 
Schedule of (Loss) Income Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net (loss) income per share:
Year Ended September 30,
(in thousands, except per share data)20222021
Numerator
Net (loss) income$(24,333)$25,643 
Denominator
Weighted average number of shares outstanding - basic37,269 34,020 
Effect of dilutive securities
Stock options— 
PSUs, RSUs, and restricted stock— 1,762 
Weighted average number of shares outstanding - diluted37,269 35,789 
Earnings per share - basic$(0.65)$0.75 
Earnings per share - diluted$(0.65)$0.72 
Weighted average antidilutive options, unvested RSUs and RSAs, unvested PSUs and ESPP shares excluded from the computation858195
Schedule of Common Stock Reserved for Future Issuances
Common stock reserved for future issuances was as follows:
As of September 30, 2022
Exercise of outstanding stock options9,981 
Unvested RSUs and RSAs2,945,380 
Unvested PSUs and PRSAs (at 200% maximum payout)
3,618,106 
Issuance of stock-based awards under the Equity Plans271,282 
Purchases under the officer and director share purchase plan88,741 
Total reserved6,933,490