XML 34 R24.htm IDEA: XBRL DOCUMENT v3.23.1
Note 18 - Segment Information
 6 Months Ended
Mar. 31, 2023
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,

  
   

2023

    

2022

    

2023

    

2022

  

Revenue from external customers

                                

Hardware

   $ 10,360     $ 12,495     $ 19,945     $ 22,622  

Software

     853       673       1,755       1,223  
    $ 11,213     $ 13,168     $ 21,700     $ 23,845  
                                 

Intersegment revenues

                                

Hardware

   $ -     $ -     $ -     $ -  

Software

     1,386       820       2,582       1,494  
    $ 1,386     $ 820     $ 2,582     $ 1,494  
                                 

Segment operating loss

                                

Hardware

   $ 387     $ 2,537     $ 359     $ 3,709  

Software

     (3,797 )     (3,064 )     (7,257 )     (5,845 )
    $ (3,410 )   $ (527 )   $ (6,898 )   $ (2,136 )
                                 

Other expenses:

                                

Depreciation and amortization expense

                                

Hardware

   $ 100     $ 96     $ 199     $ 190  

Software

     539       547       1,083       1,092  
    $ 639     $ 643     $ 1,282     $ 1,282  
                                 

Income tax expense (benefit)

                                

Hardware

   $ 8     $ 726     $ 8     $ 1,066  

Software

     -       (771 )     -       (1,402 )
    $ 8     $ (45 )   $ 8     $ (336 )

 

 

   

March 31,

    

September 30,

 
   

2023

    2022  

Long-lived assets

                

Hardware

   $ 1,564     $ 1,677  

Software

     9,623       10,585  
    $ 11,187     $ 12,262  
                 

Total assets

                

Hardware

   $ 38,848     $ 47,237  

Software

     22,854       24,617  
    $ 61,702     $ 71,854