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Segment Information
 12 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Information

19. 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,

 

 

2024

 

 

2023

 

Revenue

 

 

 

 

 

 

Hardware

 

$

16,668

 

 

$

42,864

 

Software

 

 

7,340

 

 

 

3,799

 

 

$

24,008

 

 

$

46,663

 

 

 

 

 

 

 

Intersegment revenues

 

 

 

 

 

 

Hardware

 

$

-

 

 

$

-

 

Software

 

 

5,451

 

 

 

4,803

 

 

$

5,451

 

 

$

4,803

 

 

 

 

 

 

 

Segment operating loss

 

 

 

 

 

 

Hardware

 

$

(11,818

)

 

$

3,240

 

Software

 

 

(14,898

)

 

 

(14,226

)

 

$

(26,716

)

 

$

(10,986

)

 

 

 

 

 

 

Other expenses:

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

 

Hardware

 

$

394

 

 

$

398

 

Software

 

 

2,535

 

 

 

2,160

 

 

$

2,929

 

 

$

2,558

 

 

 

 

 

 

 

Income tax expense (benefit)

 

 

 

 

 

 

Hardware

 

$

58

 

 

$

7,425

 

Software

 

 

(463

)

 

 

(25

)

 

$

(405

)

 

$

7,400

 

 

 

Years ended

 

 

September 30,

 

 

2024

 

 

2023

 

Long-lived assets

 

 

 

 

 

 

Hardware

 

$

1,203

 

 

$

1,427

 

Software

 

 

8,594

 

 

 

8,551

 

 

$

9,797

 

 

$

9,978

 

 

 

 

 

 

 

 

Total assets

 

 

 

 

 

 

Hardware

 

$

30,216

 

 

$

28,878

 

Software

 

 

23,720

 

 

 

21,027

 

 

$

53,936

 

 

$

49,905