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Segment Information
3 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information

14. Segment Information

The Company reports and evaluates financial information for three operating business segments: Oil and Gas Markets, Adjacent Markets and Emerging Markets. The Oil and Gas Markets segment's 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's products include imaging equipment, water meter products, remote shut-off valves and Internet of Things (IoT) platform, as well as and seismic sensors used for vibration monitoring and geotechnical applications such as mine safety applications and earthquake detection. The Emerging Markets segment designs and markets 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, 2022

 

 

December 31, 2021

 

Revenue:

 

 

 

 

 

 

Oil and Gas Markets

 

$

20,148

 

 

$

9,654

 

Adjacent Markets

 

 

10,822

 

 

 

8,171

 

Emerging Markets

 

 

93

 

 

 

137

 

Corporate

 

 

46

 

 

 

29

 

Total

 

$

31,109

 

 

$

17,991

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

Oil and Gas Markets

 

$

2,406

 

 

$

(4,170

)

Adjacent Markets

 

 

1,747

 

 

 

1,208

 

Emerging Markets

 

 

(1,213

)

 

 

(820

)

Corporate

 

 

(3,219

)

 

 

(3,104

)

Total

 

$

(279

)

 

$

(6,886

)