Assets and Liabilities Held for Sale and Discontinued Operations (Tables)

6 Months Ended

Mar. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The following table presents key components of assets and liabilities that were classified as held for sale on the condensed consolidated balance sheets:

(in thousands)	March 31, 2024		September 30, 2023
Cash	$	—	$	81
Accounts receivable, net of credit loss of $0	—		974
Inventory, net	3,098		10,063
Other current assets	—		1,154
Property, plant, and equipment, net	2,988		4,131
Operating lease right-of-use assets	—		56
Total assets	6,086		16,459
Remeasurement of assets	2,534		9,195
Assets held for sale	$	3,552	$	7,264
Accounts payable	$	37	$	1,854
Accrued expenses and other current liabilities	—		1,697
Operating lease liabilities - current	—		22
Operating lease liabilities - non-current	—		36
Other comprehensive income	—		1,053
Total liabilities	37		4,662
Liabilities held for sale	$	37	$	4,662

The following table presents key components of net loss that were classified as discontinued operations on the condensed consolidated statements of operations:

	Three Months Ended March 31,				Six Months Ended March 31,
(in thousands)	2024		2023		2024		2023
Revenue	$	—	$	2,569	$	216	$	7,544
Cost of Revenue	(720)		(3,720)		(2,002)		(10,014)
Gross Profit	(720)		(1,151)		(1,786)		(2,470)
Selling, general, and administrative	—		861		250		1,516
Research and development	—		915		—		2,051
Severance	—		(17)		—		442
Other income	—		(48)		—		(96)
Loss from discontinued operations	$	(720)	$	(2,862)	$	(2,036)	$	(6,383)