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Segment and Geographic Information (Tables)
12 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Summary of Company's Segment Information

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

 

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,

 

 

 

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

 

Summary of Revenue by Geographic Area

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

 

Long-lived Assets

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