Segment and Geographic Information

12 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Segment and Geographic Information

20. Segment and Geographic 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, offshore cables, as well as 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 tables summarize the Company’s segment information:

	YEAR ENDED SEPTEMBER 30,
	2021			2020
Revenue:
Oil and Gas Markets	$	52,252		$	61,661
Adjacent Markets		32,419			25,440
Emerging Markets		10,193			734
Corporate		—			—
Total		94,864			87,835
Income (loss) from operations:
Oil and Gas Markets		(16,229	)		(2,139	)
Adjacent Markets		6,423			4,017
Emerging Markets		5,033			(6,064	)
Corporate		(12,098	)		(13,853	)
Total		(16,871	)		(18,039	)
Depreciation and amortization expenses:
Oil and Gas Markets		18,199			21,192
Adjacent Markets		440			453
Emerging Markets		1,209			1,194
Corporate		929			854
Total		20,777			23,693
Impairment, inventory obsolescence and stock-based compensation expenses:
Oil and Gas Markets		3,850			6,326
Adjacent Markets		223			232
Emerging Markets		100			203
Corporate		798			941
Total		4,971			7,702
Interest income:
Oil and Gas Markets		1,409			1,029
Adjacent Markets		1			3
Emerging Markets		—			—
Corporate		31			70
Total		1,441			1,102
Interest expense:
Oil and Gas Markets		—			—
Adjacent Markets		—			—
Emerging Markets		—			—
Corporate		—			38
Total		—			38

The Company’s manufacturing operations for its business segments are combined.  Therefore, the Company does not segregate and report separate balance sheet accounts for each of its segments and, therefore, no such segment balance sheet information is presented in the table above.

“Corporate” loss from operations primarily consists of the Company’s Houston headquarters general and administrative expenses.

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,
	2021			2020
United States	$	91,190		$	82,166
Canada		2,417			3,709
Colombia		—			5
Russian Federation		2,924			2,668
United Kingdom		3,210			2,488
Eliminations		(4,877	)		(3,201	)
	$	94,864		$	87,835

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

	YEAR ENDED SEPTEMBER 30,
	2021		2020
Africa	$	2,507	$	5,814
Asia		23,299		41,128
Canada		997		3,193
Europe		13,801		12,626
United States		49,541		23,780
Other		4,719		1,294
	$	94,864	$	87,835

Revenue is attributed to countries based on the ultimate destination of the product sold, if known.  If the ultimate destination is not known, revenue is attributed to countries based on the geographic location of the initial shipment.

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

	AS OF SEPTEMBER 30,
	2021		2020
United States	$	98,985	$	114,119
Canada		3,653		6,654
Colombia		—		1
Russian Federation		689		717
United Kingdom		559		404
China		13		13
	$	103,899	$	121,908