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Note 18 - Segment Information
 3 Months Ended
Dec. 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

 
   

December 31,

  
   

2022

    

2021

  
                 

Revenue from external customers

                

Hardware

   $ 9,584     $ 10,127  

Software

     903       550  
    $ 10,487     $ 10,677  
                 

Intersegment revenues

                

Hardware

   $ -     $ -  

Software

     1,222       674  
    $ 1,222     $ 674  
                 

Segment operating income (loss)

                

Hardware

   $ (28 )   $ 1,172  

Software

     (3,459 )     (2,781 )
    $ (3,487 )   $ (1,609 )
                 

Other expenses:

                

Depreciation and amortization expense

                

Hardware

   $ 99     $ 94  

Software

     544       545  
    $ 643     $ 639  
                 

Income tax expense (benefit)

                

Hardware

   $ -     $ (291 )

Software

     -       -  
    $ -     $ (291 )

 

 

   

December 31,

    

September 30,

 
   

2022

    2022  

Long-lived assets

                

Hardware

   $ 1,616     $ 1,677  

Software

     10,143       10,585  
    $ 11,759     $ 12,262  
                 

Total assets

                

Hardware

   $ 41,427     $ 47,237  

Software

     23,037       24,617  
    $ 64,464     $ 71,854