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Segment Information
3 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information

Note 12. Segment Information

 

The Company has one operating and reporting segment (Oncology systems group), which develops, manufactures and markets proprietary medical devices used in radiation therapy for the treatment of cancer patients. The Company’s Chief Executive Officer, its Chief Operating Decision Maker, reviews financial information presented on a consolidated basis for purposes of making operating decisions and assessing financial performance. The Company does not assess the performance of its individual product lines on measures of profit or loss, or asset-based metrics, therefore, the information below is presented only for revenues and long-lived tangible assets by geographic area.

 

The Company reports its customer revenues in four geographic regions: the Americas, EIMEA, Asia Pacific and Japan. The Americas region primarily includes the United States, Canada, and Latin America. The EIMEA region includes Europe, India, the Middle East and Africa. The Asia Pacific region consists of Asia, Australia and New Zealand.

 

Disaggregation of Revenues

 

The Company disaggregates its revenues from contracts by geographic region, as the Company believes this best depicts how the nature, amount, timing and uncertainty of revenues and cash flows are affected by economic factors. Revenues attributed to a country or region are based on the shipping address of the Company’s customers. Additionally, the Company typically recognizes revenue at a point in time for product revenue and recognizes revenue over time for service revenue.

 

The following summarizes revenue by geographic region (in thousands):

 

 

 

Three Months Ended
September 30,

 

 

 

2023

 

 

2022

 

Americas

 

$

20,557

 

 

$

27,285

 

EIMEA

 

 

39,533

 

 

 

36,746

 

China

 

 

26,215

 

 

 

13,000

 

Japan

 

 

12,592

 

 

 

11,488

 

Asia Pacific, excluding China

 

 

4,995

 

 

 

7,974

 

Total

 

$

103,892

 

 

$

96,493

 

 

Disaggregation of Long-Lived Assets

 

Information regarding geographic areas in which the Company has long-lived assets, which consists of property, plant and equipment, net, and operating lease right-of-use assets are as follows (in thousands):

 

 

 

September 30,

 

 

June 30,

 

 

 

2023

 

 

2023

 

Americas

 

$

44,317

 

 

$

41,569

 

EIMEA

 

 

2,621

 

 

 

3,074

 

China

 

 

1,056

 

 

 

501

 

Japan

 

 

913

 

 

 

1,096

 

Asia Pacific, excluding China

 

 

434

 

 

 

539

 

Total

 

$

49,341

 

 

$

46,779