Segment Information

9 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Information

13. 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						Nine Months Ended
	June 30, 2022			June 30, 2021			June 30, 2022			June 30, 2021
Revenue:
Oil and Gas Markets	$	9,517		$	12,649		$	34,317		$	41,544
Adjacent Markets		10,938			9,373			28,312			23,868
Emerging Markets		135			1,061			571			10,023
Corporate		101			—			182			—
Total	$	20,691		$	23,083		$	63,382		$	75,435
Income (loss) from operations:
Oil and Gas Markets	$	(3,695	)	$	(1,807	)	$	(6,209	)	$	(13,258	)
Adjacent Markets		1,841			1,997			4,341			4,819
Emerging Markets		(1,405	)		(4	)		(3,609	)		5,286
Corporate		(3,275	)		(2,625	)		(9,592	)		(8,921	)
Total	$	(6,534	)	$	(2,439	)	$	(15,069	)	$	(12,074	)