Stock-Based Compensation (Tables)
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6 Months Ended |
Mar. 31, 2024 |
Share-Based Payment Arrangement [Abstract] |
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Summary of Awards Outstanding |
The following table presents a summary of awards outstanding: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2024 | | 2004 Plan | | 2013 Plan | | 2021 Plan | | Inducement Awards | | Total | Granted and outstanding awards: | | | | | | | | | | Options | — | | | 1,358,377 | | | 32,151 | | | 688,165 | | | 2,078,693 | | Restricted stock units | — | | | 1,609,510 | | | 2,844,090 | | | 637,563 | | | 5,091,163 | | Total | — | | | 2,967,887 | | | 2,876,241 | | | 1,325,728 | | | 7,169,856 | |
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Share-Based Payment Arrangement, Expensed |
The following table summarizes stock-based compensation expenses included in operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | Six Months Ended March 31, | | 2024 | | 2023 | | 2024 | | 2023 | | | | | | | | | | | | | | | Research and development | $ | 7,097 | | | $ | 8,745 | | | $ | 15,413 | | | $ | 17,147 | | General and administrative | 9,491 | | | 11,868 | | | 18,860 | | | 22,855 | | Total | $ | 16,588 | | | $ | 20,613 | | | $ | 34,273 | | | $ | 40,002 | |
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Summarized Information about Stock Options |
The following table presents a summary of the stock option activity for the six months ended March 31, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | Shares | | Weighted- Average Exercise Price Per Share | | Weighted- Average Remaining Contractual Term (Years) | | Aggregate Intrinsic Value | Outstanding at September 30, 2023 | 2,263,477 | | $ | 22.68 | | | | | | Granted | — | | — | | | | | | Cancelled or expired | (30,437) | | 61.11 | | | | | | Exercised | (154,347) | | 11.53 | | | | | | Outstanding at March 31, 2024 | 2,078,693 | | $ | 23.04 | | | 4.0 years | | $ | 26,788,979 | | Exercisable at March 31, 2024 | 2,054,866 | | $ | 22.72 | | | 3.9 years | | $ | 26,788,746 | |
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Summary of Share Activity Related to RSUs |
The following table summarizes the activity of the Company’s RSUs: | | | | | | | | | | | | | Number of RSUs | | Weighted- Average Grant Date Fair Value Per Share | Outstanding at September 30, 2023 | 4,241,640 | | $ | 58.43 | | Granted | 1,838,025 | | 30.75 | | Vested | (876,352) | | 53.60 | | Forfeited | (112,150) | | 44.16 | | Outstanding at March 31, 2024 | 5,091,163 | | $ | 49.58 | |
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