XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.0.1
Intangible Assets (Tables)
3 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Intangible Assets
The following table summarizes changes in intangible assets, net:
(in thousands)December 31, 2023September 30, 2023
Balance at beginning of period$12,245 $14,790 
Changes from acquisition— 1,470
Write off due to impairment— (2,125)
Amortization(494)(1,890)
Balance at end of period$11,751 $12,245 
Schedule of Weighted Average Remaining Useful Lives by Definite-lived Intangible Asset
The weighted average remaining useful lives by definite-lived intangible asset category are as follows:
December 31, 2023
(in thousands, except weighted average remaining life)Weighted Average Remaining Life (in years)Gross Carrying AmountAccumulated AmortizationNet Book Value
Technology6.3$16,901 $(9,874)$7,027 
Customer relationships6.64,690 (821)3,869 
Definite-lived intangible assets total$21,591 $(10,695)$10,896 
September 30, 2023
(in thousands, except weighted average remaining life)Weighted Average Remaining Life (in years)Gross Carrying AmountAccumulated AmortizationNet Book Value
Technology6.5$16,901 $(9,527)$7,374 
Customer relationships6.94,690 (674)4,016 
Definite-lived intangible assets total$21,591 $(10,201)$11,390 
Schedule of Future Amortization Expense for Intangible Assets
Estimated future amortization expense for intangible assets recorded by the Company as of December 31, 2023 is as follows:
(in thousands)Amount
2024$1,462 
20251,930 
20261,527 
20271,504 
20281,491 
Thereafter2,982 
Total amortization expense$10,896