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Segment Information
3 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Information

12. Segment Information

The Company reports and evaluates financial information for its operating segments: Oil and Gas Markets, Adjacent Markets and Emerging Markets segments. The Oil and Gas Markets segment products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products. The Adjacent Markets segment products include imaging equipment, water meter products, remote shut-off valves and Internet of Things (loT) platform, offshore cables, and seismic sensors used for vibration monitoring and geotechnical applications such as mine safety applications and earthquake detection. The Emerging Markets segment provides seismic products targeted at the border and perimeter security markets.

The following table summarizes the Company’s segment information (in thousands):

 

 

 

Three Months Ended

 

 

 

December 31, 2021

 

 

December 31, 2020

 

Revenue:

 

 

 

 

 

 

Oil and Gas Markets

 

$

9,654

 

 

$

12,763

 

Adjacent Markets

 

 

8,171

 

 

 

6,900

 

Emerging Markets

 

 

137

 

 

 

8,797

 

Corporate

 

 

29

 

 

 

 

Total

 

$

17,991

 

 

$

28,460

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

Oil and Gas Markets

 

$

(4,170

)

 

$

(5,986

)

Adjacent Markets

 

 

1,208

 

 

 

1,260

 

Emerging Markets

 

 

(820

)

 

 

6,479

 

Corporate

 

 

(3,104

)

 

 

(3,212

)

Total

 

$

(6,886

)

 

$

(1,459

)