Segment Information

The following table presents certain operating segment information.



				TS Segment
For the Years Ended September 30,	HPP Segment				United Kingdom			U.S.		Total		Consolidated Total
	(Amounts in thousands)
2018
Sales:
Product	$	7,014			$	7,501		$	45,146	$	52,647	$	59,661
Service	3,465				606			9,184		9,790		13,255
Total sales	10,479				8,107			54,330		62,437		72,916
Profit (loss) from operations	(2,777		)		(475		)	1,651		1,176		(1,601		)
Assets	14,869				13,854			26,552		40,406		55,275
Capital expenditures	99				1			338		339		438
Depreciation and amortization	243				7			375		382		625

2017
Sales:
Product	$	7,608			$	10,727		$	58,018	$	68,745	$	76,353
Service	6,236				763			5,140		5,903		12,139
Total sales	13,844				11,490			63,158		74,648		88,492
Profit (loss) from operations	1,467				(30		)	1,958		1,928		3,395
Assets from continuing operations	17,782				6,879			17,212		24,091		41,873
Assets from discontinued operations	—				—			—		—		17,055
Total assets	17,782				6,879			17,212		24,091		58,928
Capital expenditures	99				—			108		108		207
Depreciation and amortization	224				9			252		261		485

Profit (loss) from operations is sales less cost of sales, engineering and development, selling, general and administrative expenses but is not affected by either non-operating charges/income or by income taxes. Non-operating charges/income consists principally of investment income and interest expense. All intercompany transactions have been eliminated.

The following table details the Company's sales by operating segment for fiscal years September 30, 2018 and 2017. The Company's sales by geographic area based on the location of where the products were shipped or services rendered are as follows:



2018	Americas			Europe			Asia			Total			% of Total
	(Amounts in thousands)
HPP	$	8,424		$	1,266		$	789		$	10,479		14	%
TS	52,034			9,059			1,344			62,437			86	%
Total	$	60,458		$	10,325		$	2,133		$	72,916		100	%
% of Total	83		%	14		%	2		%	100		%
2017
HPP	$	10,340		$	1,437		$	2,067		$	13,844		16	%
TS	59,642			13,070			1,936			74,648			84	%
Total	$	69,982		$	14,507		$	4,003		$	88,492		100	%
% of Total	79		%	16		%	5		%	100		%

Substantially all Americas amounts are United States.

Long-lived assets by geographic location at September 30, 2018 and 2017 were as follows:



	September 30, 2018		September 30, 2017
	(Amounts in thousands)
North America	$	1,457	$	1,078
Europe	3		8
Totals	$	1,460	$	1,086

Deferred tax assets by geographic location at September 30, 2018 and 2017 were as follows:



	September 30, 2018		September 30, 2017
	(Amounts in thousands)
North America	$	1,895	$	1,963
Europe	—		—
Totals	$	1,895	$	1,963

The following table lists customers from which the Company derived revenues in excess of 10% of total revenues for the years ended September 30, 2018 and 2017.



	For the years ended
	September 30, 2018				September 30, 2017
	Amount		% of Revenues		Amount		% of Revenues
	(Amounts in millions)
Customer A	$	7.5	10	%	$	22.1	25	%

In addition, accounts receivable from Customer A totaled approximately $1.1 million, or 9%, and approximately $2.4 million, or 14%, of total consolidated accounts receivable as of September 30, 2018 and September 30, 2017, respectively. One additional customer, B, accounted for accounts receivable of 10% or more, but did not account for sales of 10% or more. Accounts receivable from Customer B totaled approximately $1.7 million, or 14%, of total consolidated accounts receivable as of September 30, 2018. We believe that the Company is not exposed to any significant credit risk with respect to the accounts receivable with these customers as of September 30, 2018. No other customers accounted for 10% or more of total consolidated accounts receivable as of September 30, 2018.