Investments

9 Months Ended

Jun. 30, 2024

Investments, Debt and Equity Securities [Abstract]

Investments

INVESTMENTS

The Company’s investments consisted of the following:

	As of June 30, 2024
	(in thousands)
	Adjusted Basis		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-sale securities	$	367,862	$	8	$	(598)	$	367,272
Total current investments	$	367,862	$	8	$	(598)	$	367,272

	As of September 30, 2023
	(in thousands)
	Adjusted Basis		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-sale securities	$	295,699	$	3	$	(2,967)	$	292,735
Total current investments	$	295,699	$	3	$	(2,967)	$	292,735

The Company has determined that the available-for-sale securities that were in an unrealized loss position did not have any credit loss impairment as of June 30, 2024 and 2023.