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Segment Information and Major Customers (Tables)
 12 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Summary operating results for each of our segments were as follows (in thousands):
Year ended September 30,
202520242023
Revenue
IoT Products & Services$317,883 $324,444 $345,680 
IoT Solutions112,338 99,602 99,169 
Total revenue$430,221 $424,046 $444,849 
Depreciation and amortization
IoT Products & Services$12,162 $12,446 $12,544 
IoT Solutions21,813 20,615 19,432 
Total depreciation and amortization$33,975 $33,061 $31,976 
Other segment items*
IoT Products & Services$258,803 $265,516 $281,979 
IoT Solutions81,153 77,380 80,799 
Total other segment items$339,956 $342,896 $362,778 
Operating income (loss)
IoT Products & Services$46,918 $46,482 $51,157 
IoT Solutions9,372 1,607 (1,062)
Total operating income$56,290 $48,089 $50,095 
*IoT Products & Services other segment items include cost of sales and operating expenses. IoT Solutions other segment items include cost of sales and operating expenses.
The following table provides a reconciliation of segment operating income to consolidated income before taxes:
Year ended September 30,
202520242023
Total segment operating income$56,290 $48,089 $50,095 
Total other expense, net(6,373)(25,231)(25,177)
Income before income taxes$49,917 $22,858 $24,918 
*Total other expense, net primarily includes interest expense, net in the fiscal years ended September 30, 2025 and 2023 and interest expense, net and debt issuance cost write off in the fiscal year ended September 30, 2024.
Payments to Acquire Property, Plant and Equipment by Segment
Total expended for property, plant and equipment was as follows (in thousands):
Year ended September 30,
202520242023
IoT Products & Services$1,485 $1,005 $588 
IoT Solutions*733 845 3,510 
Total expended for property, plant and equipment$2,218 $1,850 $4,098 
* Excluded from this amount is $7.8 million, $12.3 million and $3.9 million of transfers of inventory to property plant and equipment for subscriber assets for the year ended September 30, 2025, 2024 and 2023, respectively.
Schedule of Total Assets by Segment
Total assets for each of our segments were as follows (in thousands):
As of September 30,
20252024
IoT Products & Services$338,454 $376,998 
IoT Solutions562,290 410,567 
Segment assets$900,744 $787,565 
Unallocated*21,902 27,510 
Total assets$922,646 $815,075 
*Unallocated consists of cash and cash equivalents.
Schedule of Net Property, Equipment and Improvements by Geographical Location
Net property, equipment and improvements by geographic location were as follows (in thousands):
As of September 30,
20252024
United States$33,563 $34,416 
International459 499 
Total net property, equipment and improvements$34,022 $34,915