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Note 18 - Segment Information
 6 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

18. SEGMENT INFORMATION

 

The Company is engaged in the design, development and commercialization of directed and multidirectional sound technologies, voice broadcast products, and location-based mass messaging software for emergency warning and evacuation management. The Company operates in two business segments: Hardware and Software and its principal markets are North and South America, Europe, the Middle East and Asia. As reviewed by the Company’s chief operating decision maker, the Company evaluates the performance of each segment based on sales and operating income. Cash and cash equivalents, marketable securities, accounts receivable, inventory, property and equipment, deferred tax assets, goodwill and intangible assets are primary assets identified by segment. The accounting policies for segment reporting are the same for the Company as a whole.

 

The following table presents the Company’s segment disclosures:

 

  

Three months ended

  

Six months ended

 
  

March 31,

  

March 31,

 
  

2022

  

2021

  

2022

  

2021

 
                 

Revenue from external customers

                

Hardware

 $12,495  $10,625  $22,622  $18,012 

Software

  673   676   1,223   1,317 
  $13,168  $11,301  $23,845  $19,329 
                 

Intersegment revenues

                

Hardware

 $-  $-     $- 

Software

  820   254   1,494   606 
  $820  $254  $1,494  $606 
                 

Segment operating income (loss)

                

Hardware

 $2,537  $1,796  $3,709  $2,304 

Software

  (3,064)  (1,243)  (5,845)  (2,444)
  $(527) $553  $(2,136) $(140)
                 

Other expenses:

                

Depreciation and amortization expense

                

Hardware

 $96  $93  $190  $183 

Software

  547   177   1,092   369 
  $643  $270  $1,282  $552 
                 

Income tax expense (benefit)

                

Hardware

 $726  $412  $1,066  $531 

Software

  (771)  (129)  (1,402)  (253)
  $(45) $283  $(336) $278 

 

  

March 31,

  

September 30,

 
  

2022

  

2021

 

Long-lived assets

        

Hardware

 $1,706  $1,748 

Software

  35,585   36,645 
  $37,291  $38,393 
         

Total assets

        

Hardware

 $47,237  $50,364 

Software

  37,821   39,764 
  $85,058  $90,128