Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Sep. 30, 2022
CURRENT ASSETS:    
Cash $ 22,471 $ 18,848
Accounts receivable, less allowances ($680 and $738, respectively) 18,333 22,770
Prepaid expenses and other current assets 847 604
Total current assets 41,651 42,222
Property and equipment, net 846 1,140
Goodwill 61,293 61,293
Intangible assets, net 8,406 11,285
Deferred tax assets, net 7,064 0
Right-of-use assets 3,637 2,830
Other long-term assets 596 784
TOTAL ASSETS 123,493 119,554
CURRENT LIABILITIES:    
Accounts payable 2,762 2,958
Accrued compensation 5,464 5,750
Current operating lease liabilities 1,475 1,333
Other current liabilities 1,660 5,538
Total current liabilities 11,361 15,579
Deferred tax liabilities, net 0 528
Noncurrent operating lease liabilities 2,470 1,889
Other long-term liabilities 361 555
Total liabilities 14,192 18,551
SHAREHOLDERS' EQUITY:    
Common stock, no-par value; authorized - 200,000 shares; 114,900 shares issued and 111,489 shares outstanding at September 30, 2023 and 114,450 shares issued and outstanding at September 30, 2022 112,915 112,051
Accumulated deficit (1,630) (11,048)
Treasury stock; at cost - 3,411 shares at September 30, 2023 (1,984)  
Total shareholders' equity 109,301 101,003
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 123,493 $ 119,554