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Segment Information
12 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Information

(14) Segment Information

 

The Company currently has two reportable business units: 1st Detect Corporation and Astral Images Corporation.

 

1st Detect Corporation

 

1st Detect is a manufacturer of advanced chemical detection technology that detects and identifies trace amounts of explosives and narcotics.

 

Astral Images Corporation

 

Astral Images is a developer of advanced film restoration and enhancement software.

All intercompany transactions between business units have been eliminated in consolidation.

Key financial metrics of the Company’s segments for the years ended June 30, 2019 and 2018 are as follows:

 

 

 

Year Ended June 30, 2019

 

(In thousands)

 

Revenue

 

 

Depreciation

 

 

Loss on Impairment of Long-Lived Assets

 

 

Loss Before

Income Taxes

 

1st Detect

 

$

87

 

 

$

233

 

 

$

 

 

$

(7,526

)

Astral Images

 

 

40

 

 

 

29

 

 

 

 

 

 

(866

)

Total

 

$

127

 

 

$

262

 

 

$

 

 

$

(8,392

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended June 30, 2018

 

(In thousands)

 

Revenue

 

 

Depreciation

 

 

Loss on Impairment of Long-Lived Assets

 

 

Loss Before

Income Taxes

 

1st Detect

 

$

46

 

 

$

392

 

 

$

(114

)

 

$

(9,582

)

Astral Images

 

 

40

 

 

 

357

 

 

 

(1,579

)

 

 

(3,669

)

Total

 

$

86

 

 

$

749

 

 

$

(1,693

)

 

$

(13,251

)

 

 

 

June 30, 2019

 

(In thousands)

 

Fixed

Assets, Net

 

 

Total Capital

Expenditures

 

 

Total Assets

 

1st Detect

 

$

452

 

 

$

 

 

$

3,668

 

Astral Images

 

 

17

 

 

 

 

 

 

24

 

Total

 

$

469

 

 

$

 

 

$

3,692

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2018

 

(In thousands)

 

Fixed

Assets, Net

 

 

Total Capital

Expenditures

 

 

Total Assets

 

1st Detect

 

$

699

 

 

$

8

 

 

$

5,075

 

Astral Images

 

 

34

 

 

 

11

 

 

 

65

 

Total

 

$

733

 

 

$

19

 

 

$

5,140