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6. INTANGIBLE ASSETS (Tables)
3 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets consist of the following as of December 31, 2022 and September 30, 2022:

 

 

 

December 31, 2022

 

 

September 30, 2022

 

($ in thousands)

 

Intangible assets

 

 

Accumulated amortization

 

 

Net intangible assets

 

 

Intangible assets

 

 

Accumulated amortization

 

 

Net intangible assets

 

Software

 

$

440

 

 

$

(11

)

 

$

429

 

 

$

210

 

 

$

 

 

$

210

 

Websites

 

 

23

 

 

 

(12

)

 

 

11

 

 

 

23

 

 

 

(11

)

 

 

12

 

Strategic Contract

 

 

9,800

 

 

 

(4,027

)

 

 

5,773

 

 

 

9,800

 

 

 

(3,537

)

 

 

6,263

 

Total

 

$

10,263

 

 

$

(4,050

)

 

$

6,213

 

 

$

10,033

 

 

$

(3,548

)

 

$

6,485

 

 

Schedule of amortization expense of intangible assets

The Company expects to record amortization expense of intangible assets over the next 5 years and thereafter as follows:

 

Fiscal Year

 

 

 

($ in thousands)

 

December 31, 2022

 

Remainder of FY 2023

 

$

1,550

 

2024

 

 

2,064

 

2025

 

 

2,060

 

2026

 

 

482

 

2027

 

 

46

 

Thereafter

 

 

11

 

Total

 

$

6,213