XML 35 R7.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net (loss) income $ (24,333) $ 25,643
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization expense 4,775 4,061
Stock-based compensation expense 5,374 4,180
Provision adjustments related to credit loss 170 33
Provision adjustments related to product warranty 174 322
(Gain) loss on disposal of property, plant, and equipment (2,685) 515
Impairment charge 2,956 0
Other 631 (658)
Total non-cash adjustments 11,395 8,453
Changes in operating assets and liabilities:    
Accounts receivable and contract assets 19,547 (5,348)
Inventory 6,220 (6,326)
Other assets (7,124) (1,500)
Accounts payable (7,285) (420)
Contract liabilities 2,650 (164)
Operating lease liabilities - current (487) 206
Accrued expenses and other current liabilities 2,373 (9,391)
Total change in operating assets and liabilities 15,894 (22,943)
Net cash provided by operating activities 2,956 11,153
Cash flows from investing activities:    
Purchase of equipment (6,565) (5,358)
Acquisition of business, net of cash acquired (59,861) 0
Proceeds from future sale of assets 0 834
Proceeds from disposal of property, plant, and equipment 3,729 687
Net cash used in investing activities (62,697) (3,837)
Cash flows from financing activities:    
Proceeds from borrowings of credit facilities 21,863 0
Payments towards credit facilities (7,222) 0
Proceeds from employee stock purchase plans and exercise of equity awards 0 844
Proceeds from sale of common stock 29 35,937
Issuance cost associated with sale of common stock 0 (2,796)
Taxes paid related to net share settlement of equity awards (322) (260)
Net cash provided by financing activities 14,348 33,725
Effect of exchange rate changes provided by foreign currency (144) 103
Net increase (decrease) in cash, cash equivalents and restricted cash (45,537) 41,144
Cash, cash equivalents and restricted cash at beginning of period 71,682 30,538
Cash, cash equivalents and restricted cash at end of period 26,145 71,682
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 40 61
Cash paid during the period for income taxes 547 975
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Changes in accounts payable related to purchases of equipment $ (76) $ 360