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Note 18 - Segment Information
 12 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

18. SEGMENT INFORMATION

 

The Company is engaged in the design, development and commercialization of critical communications hardware and software solutions designed to alert, inform, and protect. 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 and transactions between the two operating segments are not material.

 

The following table presents the Company’s segment disclosures:

 

   

Years ended

  
   

September 30,

  
   

2023

    

2022

  

Revenue from external customers

                

Hardware

   $ 42,864     $ 50,938  

Software

     3,799       3,097  
    $ 46,663     $ 54,035  
                 

Intersegment revenues

                

Hardware

           $ -  

Software

     4,803       3,287  
    $ 4,803     $ 3,287  
                 

Segment operating (loss) income

                

Hardware

   $ 3,240     $ 9,260  

Software

     (14,226 )     (24,791 )
    $ (10,986 )   $ (15,531 )
                 

Other expenses:

                

Depreciation and amortization expense

                

Hardware

   $ 398     $ 380  

Software

     2,160       2,176  
    $ 2,558     $ 2,556  
                 

Goodwill impairment

                

Hardware

   $ -     $ -  

Software

     -       13,162  
    $ -     $ 13,162  

Income tax expense (benefit)

                

Hardware

   $ 7,425     $ 1,065  

Software

     (25 )     (324 )
    $ 7,400     $ 741  

 

   

Years ended

  
   

September 30,

 
   

2023

   

2022

 

Long-lived assets

                

Hardware

   $ 1,427     $ 1,677  

Software

     8,551       10,585  
    $ 9,978     $ 12,262  
                 

Total assets

                

Hardware

   $ 28,878     $ 47,237  

Software

     21,027       24,617  
    $ 49,905     $ 71,854