Quarterly report [Sections 13 or 15(d)]

Note 3 - Cash and Cash Equivalents

v3.25.1
Note 3 - Cash and Cash Equivalents
6 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]

Note 3. Cash and Cash Equivalents

 

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The following table presents the Company’s cash and cash equivalents balances:

 

(In thousands)

 

March 31,

2025

   

September 30,

2024

 

Cash and cash equivalents:

               

Cash, including money market accounts

 

$

3,706    

$

5,789  

Money market funds

    25,142       10,378  

Total cash and cash equivalents

 

$

28,848    

$

16,167  

 

 

The Company maintains cash balances at multiple financial institutions, and at times, such balances exceeded insured limits. The Company has not experienced any losses in such accounts.