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Major Customers, Suppliers and Related Information
 12 Months Ended
Sep. 30, 2025
Risks and Uncertainties [Abstract]  
Major Customers, Suppliers and Related Information

20. MAJOR CUSTOMERS, SUPPLIERS AND RELATED INFORMATION

Major Customers

For the fiscal year ended September 30, 2025, revenues from one customer accounted for 32% of total revenues with no other single customer accounting for more than 10% of total revenues. For the fiscal year ended September 30, 2024, revenues from one customer accounted for 18% of total revenues with no other single customer accounting for more than 10% of total revenues. As of September 30, 2025, accounts receivable from three customers accounted for 30%, 13% and 12% of total accounts receivable. As of September 30, 2024, accounts receivable from three customers accounted for 15%, 14% and 11% of total accounts receivable.

Revenue from customers in the United States was $33,922 for the year ended September 30, 2025. Revenue from customers in the United States was $16,888 for the year ended September 30, 2024.

The following table summarizes revenues by geographic region. Revenues are attributed to countries based on customer’s delivery location.

 

 

Years ended September 30,

 

 

2025

 

 

2024

 

Americas

 

$

34,417

 

 

$

17,336

 

Asia Pacific

 

 

2,381

 

 

 

1,265

 

Europe, Middle East and Africa

 

 

3,959

 

 

 

5,407

 

Total Revenues

 

$

40,757

 

 

$

24,008

 

 

The following table summarized long lived assets by geographic region.

 

 

September 30,

 

 

2025

 

 

2024

 

United States

 

$

7,181

 

 

$

9,644

 

Europe, Middle East and Africa

 

 

91

 

 

 

153

 

Total long lived assets

 

$

7,272

 

 

$

9,797

 

 

Suppliers

The Company has a large number of components and sub-assemblies produced by outside suppliers, some of which are sourced from a single supplier, which can magnify the risk of shortages and decrease the Company’s ability to negotiate with suppliers on the basis of price. In particular, the Company depends on one supplier of compression drivers for its LRAD products. If supplier shortages occur, or quality problems arise, then production schedules could be significantly delayed or costs significantly increased, which could in turn have a material adverse effect on the Company’s financial condition, results of operation and cash flows.