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Segment and Geographic Information (Tables)
12 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Summary of Company's Segment Information

The following tables summarize the Company’s segment information:

 

 

 

YEAR ENDED SEPTEMBER 30,

 

 

 

2022

 

 

2021

 

Revenue:

 

 

 

 

 

 

Oil and Gas Markets

 

$

49,141

 

 

$

52,252

 

Adjacent Markets

 

 

39,171

 

 

 

32,419

 

Emerging Markets

 

 

711

 

 

 

10,193

 

Corporate

 

 

230

 

 

 

 

Total

 

 

89,253

 

 

 

94,864

 

Income (loss) from operations:

 

 

 

 

 

 

Oil and Gas Markets

 

 

(7,539

)

 

 

(16,229

)

Adjacent Markets

 

 

6,021

 

 

 

6,423

 

Emerging Markets

 

 

(9,128

)

 

 

5,033

 

Corporate

 

 

(12,490

)

 

 

(12,098

)

Total

 

 

(23,136

)

 

 

(16,871

)

Depreciation and amortization expenses:

 

 

 

 

 

 

Oil and Gas Markets

 

 

16,947

 

 

 

18,199

 

Adjacent Markets

 

 

743

 

 

 

440

 

Emerging Markets

 

 

1,068

 

 

 

1,209

 

Corporate

 

 

802

 

 

 

929

 

Total

 

 

19,560

 

 

 

20,777

 

Impairment, inventory obsolescence and stock-based compensation expenses:

 

 

 

 

 

 

Oil and Gas Markets

 

 

3,612

 

 

 

3,850

 

Adjacent Markets

 

 

932

 

 

 

223

 

Emerging Markets

 

 

4,423

 

 

 

100

 

Corporate

 

 

727

 

 

 

798

 

Total

 

 

9,694

 

 

 

4,971

 

Interest income:

 

 

 

 

 

 

Oil and Gas Markets

 

 

850

 

 

 

1,409

 

Adjacent Markets

 

 

 

 

 

1

 

Emerging Markets

 

 

 

 

 

 

Corporate

 

 

126

 

 

 

31

 

Total

 

 

976

 

 

 

1,441

 

Interest expense:

 

 

 

 

 

 

Oil and Gas Markets

 

 

65

 

 

 

 

Adjacent Markets

 

 

 

 

 

 

Emerging Markets

 

 

 

 

 

 

Corporate

 

 

 

 

 

 

Total

 

 

65

 

 

 

 

Details of Revenue

The Company generates revenue from product sales, product rentals and services from its subsidiaries located in the United States, Canada, Colombia, the Russian Federation and the United Kingdom. Revenue generated by the Company’s subsidiaries is as follows (in thousands):

 

 

 

YEAR ENDED SEPTEMBER 30,

 

 

 

2022

 

 

2021

 

United States

 

$

82,332

 

 

$

88,776

 

Canada

 

 

1,615

 

 

 

1,132

 

Russian Federation

 

 

1,922

 

 

 

1,746

 

United Kingdom

 

 

3,384

 

 

 

3,210

 

 

 

$

89,253

 

 

$

94,864

 

Summary of Revenue by Geographic Area

A summary of revenue by geographic area is as follows (in thousands):

 

 

 

YEAR ENDED SEPTEMBER 30,

 

 

 

2022

 

 

2021

 

Africa

 

$

471

 

 

$

2,507

 

Asia

 

 

13,823

 

 

 

23,299

 

Canada

 

 

1,225

 

 

 

997

 

Europe

 

 

28,381

 

 

 

13,801

 

South America

 

 

7,547

 

 

 

2,514

 

United States

 

 

35,171

 

 

 

49,541

 

Other

 

 

2,635

 

 

 

2,205

 

 

 

$

89,253

 

 

$

94,864

 

Long-lived Assets

Long-lived assets were as follows (in thousands):

 

 

 

AS OF SEPTEMBER 30,

 

 

 

2022

 

 

2021

 

United States

 

$

71,742

 

 

$

98,395

 

Canada

 

 

1,459

 

 

 

3,653

 

Colombia

 

 

449

 

 

 

590

 

Russian Federation

 

 

1,010

 

 

 

689

 

United Kingdom

 

 

422

 

 

 

559

 

China

 

 

13

 

 

 

13

 

 

 

$

75,095

 

 

$

103,899