XML 33 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Information
 9 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information

15.            Segment Information

The following tables present certain operating segment information for the three and nine months ended June 30, 2021 and 2020.

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Technology Solutions Segment

​

​

​

​

​

High

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Performance

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Products

​

United

​

​

​

​

​

​

​

Consolidated

For the three months ended June 30, 

    

Segment

    

Kingdom

    

U.S.

    

Total

    

Total

​

​

(Amounts in thousands)

2021

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sales:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Product

​

$

602

​

$

130

​

$

9,410

​

$

9,540

​

$

10,142

Service

​

 

356

​

 

83

​

 

3,140

​

 

3,223

​

 

3,579

Total sales

​

$

958

​

$

213

​

$

12,550

​

$

12,763

​

$

13,721

Income (loss) from operations

​

$

(1,372)

​

$

(95)

​

$

1,110

​

$

1,015

​

$

(357)

Total assets

​

$

8,501

​

$

9,942

​

$

42,113

​

$

52,055

​

$

60,556

Capital expenditures

​

 

11

​

 

—

​

 

30

​

 

30

​

 

41

Depreciation and amortization

​

 

41

​

 

—

​

 

50

​

 

50

​

 

91

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2020

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

Sales:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

Product

​

$

780

​

$

75

​

$

9,544

​

$

9,619

​

$

10,399

Service

​

 

803

​

 

132

​

 

2,446

​

 

2,578

​

 

3,381

Total sales

​

$

1,583

​

$

207

​

$

11,990

​

$

12,197

​

$

13,780

Income (loss) from operations

​

$

(765)

​

$

32

​

$

340

​

$

372

​

$

(393)

Total assets

​

$

9,046

​

$

10,729

​

$

34,486

​

$

45,215

​

$

54,261

Capital expenditures

​

 

—

​

 

—

​

 

45

​

 

45

​

 

45

Depreciation and amortization

​

 

50

​

 

—

​

 

63

​

 

63

​

 

113

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Technology Solutions Segment

​

​

​

​

​

High

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Performance

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Products

​

United

​

​

​

​

​

​

​

Consolidated

For the nine months ended June 30, 

    

Segment

    

Kingdom

    

U.S.

    

Total

    

Total

​

​

(Amounts in thousands)

2021

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sales:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Product

​

$

2,494

​

$

1,774

​

$

25,258

​

$

27,032

​

$

29,526

Service

​

 

908

​

 

260

​

 

8,503

​

 

8,763

​

 

9,671

Total sales

​

$

3,402

​

$

2,034

​

$

33,761

​

$

35,795

​

$

39,197

Income (loss) from operations

​

$

(3,565)

​

$

(130)

​

$

2,680

​

$

2,550

​

$

(1,015)

Total assets

​

$

8,501

​

$

9,942

​

$

42,113

​

$

52,055

​

$

60,556

Capital expenditures

​

 

18

​

 

—

​

 

66

​

 

66

​

 

84

Depreciation and amortization

​

 

134

​

 

—

​

 

159

​

 

159

​

 

293

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2020

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

Sales:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

Product

​

$

2,469

​

$

812

​

$

33,823

​

$

34,635

​

$

37,104

Service

​

 

1,630

​

 

342

​

 

8,445

​

 

8,787

​

 

10,417

Total sales

​

$

4,099

​

$

1,154

​

$

42,268

​

$

43,422

​

$

47,521

Income (loss) from operations

​

$

(3,052)

​

$

(15)

​

$

2,129

​

$

2,114

​

$

(938)

Total assets

​

$

9,046

​

$

10,729

​

$

34,486

​

$

45,215

​

$

54,261

Capital expenditures

​

 

63

​

 

—

​

 

222

​

 

222

​

 

285

Depreciation and amortization

​

 

165

​

 

3

​

 

184

​

 

187

​

 

352

​

Income (loss) from operations consists of sales less cost of sales, engineering and development expenses, and selling, general and administrative expenses but is not affected by either other income/expense or by income taxes expense (benefit). Non-operating expenses/income consists principally of investment income, interest income from transactions with payment terms exceeding one year (see Note 6, “Accounts and Long-Term Receivable” for details), and interest expense. All intercompany transactions have been eliminated.

The following table lists customers from which the Company derived revenues of 10% or more of total revenues for the three and nine months ended June 30, 2021 and 2020.

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months ended June 30, 

​

​

For the nine months ended June 30,

​

​

​

2021

​

​

2020

​

​

2021

​

​

2020

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Customer

​

% of Total

​

​

Customer

​

% of Total

​

​

Customer

​

% of Total

​

​

Customer

​

% of Total

​

​

    

Revenues

    

Revenues

    

​

Revenues

    

Revenues

    

​

Revenues

    

Revenues

    

​

Revenues

    

Revenues

    

​

​

(Amounts in millions)

​

Customer A

​

$

1.4

​

11

%

​

$

1.6

​

11

%

​

$

2.2

​

6

%

​

$

2.3

​

5

%

Customer B

​

$

0.5

​

4

%

​

$

1.9

​

14

%

​

$

2.3

​

6

%

​

$

4.2

​

9

%

​

Customer B totaled approximately $12.4 million, or 51%, and approximately $4.7 million, or 28%, of total consolidated accounts receivable and long-term receivable as of June 30, 2021 and September 30, 2020, respectively. There were no other customers that were more than 10% of total consolidated accounts receivable and long-term receivable as of June 30, 2021. We believe that the Company is not exposed to any significant credit risk with respect to the accounts receivable with any customers as of June 30, 2021.

​

​