v3.24.1.u1
Property and Equipment, Net
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Property and Equipment, Net [Absract]    
Property and Equipment, net

Note 7 — Property and Equipment, net

Property and equipment, net consists of the following:

 

Estimated Useful Life
(years)

 

December 31,
2023

 

September 30,
2023

Equipment and furniture

 

5 – 7

 

$

929

 

 

$

858

 

Laboratory equipment

 

5

 

 

601

 

 

 

601

 

Leasehold improvements

 

Shorter of estimated useful life or remaining lease term

 

 

891

 

 

 

850

 

Construction in progress

     

 

584

 

 

 

584

 

Property and equipment, gross

     

 

3,005

 

 

 

2,893

 

Less: Accumulated depreciation

     

 

(1,146

)

 

 

(1,034

)

Property and equipment, net

     

$

1,858

 

 

$

1,859

 

Depreciation expense for the three months ended December 31, 2023 and 2022 was $113 and $113, respectively.

Note 4 — Property and Equipment, net

Property and equipment, net consists of the following:

 

Estimated Useful Life
(years)

 

September 30,

   

2023

 

2022

Equipment and furniture

 

5 – 7

 

$

858

 

 

$

895

 

Laboratory equipment

 

5

 

 

601

 

 

 

601

 

Leasehold improvements

 

Shorter of estimated useful life or remaining lease term

 

 

850

 

 

 

894

 

Construction in progress

     

 

584

 

 

 

—

 

Property and equipment, gross

     

 

2,893

 

 

 

2,390

 

Less: Accumulated depreciation

     

 

(1,034

)

 

 

(627

)

Property and equipment, net

     

$

1,859

 

 

$

1,763

 

Depreciation expense for the years ended September 30, 2023 and 2022 was $449 and $528, respectively.