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Note 18 - Segment Information
 9 Months Ended
Jun. 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 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 revenue 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

   

Nine months ended

 
   

June 30,

    

June 30,

  
   

2023

    

2022

    

2023

    

2022

  

Revenue from external customers

                                

Hardware

   $ 13,324     $ 13,419     $ 33,269     $ 36,041  

Software

     938       733       2,693       1,956  
    $ 14,262     $ 14,152     $ 35,962     $ 37,997  
                                 

Intersegment revenues

                                

Hardware

   $ -     $ -     $ -     $ -  

Software

     1,423       860       4,005       2,354  
    $ 1,423     $ 860     $ 4,005     $ 2,354  
                                 

Segment operating loss

                                

Hardware

   $ 2,302     $ 2,495     $ 2,661     $ 6,204  

Software

     (3,752 )     (3,124 )     (11,009 )     (8,969 )
    $ (1,450 )   $ (629 )   $ (8,348 )   $ (2,765 )
                                 

Other expenses:

                                

Depreciation and amortization expense

                                

Hardware

   $ 97     $ 95     $ 297     $ 285  

Software

     539       543       1,621       1,635  
    $ 636     $ 638     $ 1,918     $ 1,920  
                                 

Income tax expense (benefit)

                                

Hardware

   $ -     $ (13 )   $ 8     $ 1,053  

Software

     (26 )     (18 )     (26 )     (1,420 )
    $ (26 )   $ (31 )   $ (18 )   $ (367 )

 

   

June 30,

    

September 30,

 
   

2023

    2022  

Long-lived assets

                

Hardware

   $ 1,529     $ 1,677  

Software

     9,095       10,585  
    $ 10,624     $ 12,262  
                 

Total assets

                

Hardware

   $ 38,920     $ 47,237  

Software

     21,841       24,617  
    $ 60,761     $ 71,854