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Segment and Geographic Information (Tables)

12 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables summarize the Company’s segment information:

		For the year ended
		September 30,
		2018				2017
Revenues form external customers
Advanced Technologies		$	1,765,106			$	-
Electronics Manufacturing			52,530,983				64,058,934
Industrial Technology			35,640,430				56,569,266
Total revenues		$	89,936,519			$	120,628,200
Gross profit
Advanced Technologies		$	1,118,366			$	-
Electronics Manufacturing			20,143,943				23,462,190
Industrial Technology			10,122,948				16,451,362
Total gross profit		$	31,385,257			$	39,913,552
Operating (loss) income
Advanced Technologies		$	(6,529,172	)		$	-
Electronics Manufacturing			234,012				571,167
Industrial Technology			(4,605,505	)			4,544,511
Total operating (loss) income		$	(10,900,665	)		$	5,115,678
Other income (expense)
Advanced Technologies		$	8,346			$	-
Electronics Manufacturing			567,497				(187,266	)
Industrial Technology			(300,796	)			(422,849	)
Total other income (expense)		$	275,047			$	(610,115	)
Depreciation and Amortization
Advanced Technologies		$	573,395			$	-
Electronics Manufacturing			1,797,768				1,697,547
Industrial Technology			1,809,957				1,444,063
Total depreciation and amortization		$	4,181,120			$	3,141,610

		September 30,				September 30,
		2018				2017
Identifiable Assets
Advanced Technologies		$	5,569,383			$	-
Electronics Manufacturing			25,589,642				39,115,299
Industrial Technology			36,171,589				31,066,074
Total Assets		$	67,330,614			$	70,181,373

Schedule of Revenue and Long-lived Assets

The Company generates revenue from product sales and services from its subsidiaries located in the United States, Germany, Romania, India, and Hong Kong. Revenue and long-lived asset information for the Company is as follows:

		September 30,				September 30,
Revenues		2018				2017
U.S. Operations		$	25,304,978			$	30,550,870
Non-U.S. Operations			64,631,541				90,077,330
		$	89,936,519			$	120,628,200

		September 30,				September 30,
Long-lived Assets		2018				2017
U.S. Operations		$	6,262,163			$	6,430,210
Non-U.S. Operations			21,038,491				13,688,101
		$	27,300,654			$	20,118,311

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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