v3.25.0.1
Leases (Tables)
 3 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Assets and Liabilities and Lease Cost
The components of lease assets and liabilities along with their classification on the Company’s consolidated balance sheets were as follows:
Lease Assets and LiabilitiesClassificationDecember 31, 2024September 30, 2024
(in thousands)
Operating lease assetsRight-of-use assets$44,869 $45,255 
Current operating lease liabilitiesLease liabilities6,560 6,342 
Non-current operating lease liabilitiesLease liabilities, net of current portion109,296 111,027 
Three Months Ended December 31,
Lease CostClassification20242023
(in thousands)
Operating lease costResearch and development$2,811 $2,994 
General and administrative expense493 476 
Variable lease cost (1)
Research and development985 779 
General and administrative expense— — 
Total $4,289 $4,249 
(1) Variable lease cost is primarily related to operating expenses associated with the Company’s operating leases.
Schedule of Maturities of Operating Lease Liabilities on an Undiscounted Basis
The following table presents maturities of operating lease liabilities on an undiscounted basis as of December 31, 2024:
YearAmounts
(in thousands)
2025 (remainder of fiscal year)$11,616 
202615,799 
202714,974 
202813,619 
202913,905 
2030 and thereafter114,790 
Total$184,703 
Less imputed interest$(68,847)
Total operating lease liabilities (includes current portion)$115,856 
Supplemental cash flow and other information related to leases was as follows:
Three Months Ended December 31,
20242023
Cash received for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$— $3,099 
Right-of-use assets adjusted in exchange for new/amended operating lease liabilities$— $64 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,840 $2,080 
Weighted-average remaining lease term (in years)12.413.3
Weighted-average discount rate8.0 %8.0 %