Segment Information

6 Months Ended

Mar. 31, 2022

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						Six Months Ended
	March 31, 2022			March 31, 2021			March 31, 2022			March 31, 2021
Revenue:
Oil and Gas Markets	$	15,146		$	16,132		$	24,800		$	28,895
Adjacent Markets		9,203			7,595			17,374			14,495
Emerging Markets		299			165			436			8,962
Corporate		52			—			81			—
Total	$	24,700		$	23,892		$	42,691		$	52,352
Income (loss) from operations:
Oil and Gas Markets	$	1,656		$	(5,465	)	$	(2,514	)	$	(11,451	)
Adjacent Markets		1,292			1,562			2,500			2,822
Emerging Markets		(1,384	)		(1,189	)		(2,204	)		5,290
Corporate		(3,213	)		(3,084	)		(6,317	)		(6,296	)
Total	$	(1,649	)	$	(8,176	)	$	(8,535	)	$	(9,635	)