XML 67 R33.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Equity (Tables)
 6 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Stock-based Compensation Expense - By Award Type
The following table sets forth stock-based compensation expense by award type:
Three Months Ended March 31,Six Months Ended March 31,
(in thousands)2024202320242023
RSUs$470 $841 $990 $1,756 
PSUs(124)608 121 1,301 
Outside director equity awards and fees in common stock67 86 150 212 
Total stock-based compensation expense$413 $1,535 $1,261 $3,269 
Schedule of Stock-based Compensation Expense - By Expense Type
The following table sets forth stock-based compensation expense by expense type:
Three Months Ended March 31,Six Months Ended March 31,
(in thousands)2024202320242023
Cost of revenue$(341)$331 $(13)$718 
Selling, general, and administrative613 951 989 2,026 
Research and development141 253 285 525 
Total stock-based compensation expense$413 $1,535 $1,261 $3,269 
Schedule of (Loss) Income Per Share
The following table sets forth the computation of basic and diluted net loss per share:
Three Months Ended March 31,Six Months Ended March 31,
(in thousands, except per share data)2024202320242023
Numerator
Net loss from continuing operations$(7,775)$(9,366)$(12,138)$(17,538)
Loss from discontinued operations$(720)$(2,862)$(2,036)$(6,383)
Net loss$(8,495)$(12,228)$(14,174)$(23,921)
Denominator
Weighted average number of shares outstanding - basic reflective of reverse stock split effective April 1, 20248,924 4,524 8,911 4,136 
Effect of dilutive securities
Stock options————
PSUs, RSUs, and restricted stock— — — — 
Weighted average number of shares outstanding - diluted reflective of reverse stock split effective April 1, 20248,924 4,524 8,911 4,136 
Net loss from continuing operations per share, basic and diluted$(0.87)$(2.07)$(1.36)$(4.24)
Loss from discontinued operations per share, basic and diluted$(0.08)$(0.63)$(0.23)$(1.54)
Net loss per share, basic and diluted$(0.95)$(2.70)$(1.59)$(5.78)
Weighted average antidilutive options, unvested RSUs and RSAs, and unvested PSUs excluded from the computation reflective of reverse stock split effective April 1, 2024337 295 370 273 
Schedule of Common Stock Reserved for Future Issuances
Common stock reserved for future issuances as of March 31, 2024 was as follows:
Amount
Exercise of outstanding stock options632 
Unvested RSUs312,299 
Unvested PSUs (at 100% maximum payout)
116,802 
Issuance of stock-based awards under the Equity Plans819,053 
Purchases under the officer and director share purchase plan8,874 
Total reserved1,257,660