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Segment Information
12 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Information

(16) Segment Information

 

During the fiscal year 2014, the Company shifted the use of its corporate resources from its ASO business unit to its Spacetech business unit to focus more on growth opportunities at 1st Detect. As such, there were higher incremental costs allocated to our Spacetech business unit for the year ended June 30, 2014 compared to the year ended June 30, 2013. The shift in resources had no impact on our consolidated results.

 

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

 

Key financial metrics for the year ended June 30, 2014 and 2013 of the Company’s segments are as follows (in thousands):

 

    Year Ended     Year Ended  
    June 30, 2014     June 30, 2013  
Revenue and Income         Income (loss)           Income (loss)  
(in thousands)   Revenue     before income taxes     Revenue     before income taxes  
ASO   $ 16,293     $ 1,606     $ 23,862     $ 3,121  
Spacetech     130       (7,468 )     133       (3,844 )
Total   $ 16,423     $ (5,862 )   $ 23,995     $ (723 )
             
    June 30, 2014     June 30, 2013  
Assets 
(in thousands)
  Fixed 
Assets, net
    Total Assets     Fixed 
Assets, net
    Total Assets  
ASO   $ 33,858     $ 38,423     $ 35,625     $ 46,159  
Spacetech     1,211       2,359       1,410       1,843  
Total   $ 35,069     $ 40,782     $ 37,035     $ 48,002  

 

Significant Customers – We had three customers and two customers that accounted for greater than 10% of our consolidated revenues for our fiscal years ended June 30, 2014 and 2013, respectively. For our year ended June 30, 2014, those largest three customers accounted for approximately 46%, 22% and 17% of our consolidated revenues, and were reported within our ASO segment. For our year ended June 30, 2013, those largest two customers accounted for approximately 66% and 15% of our consolidated revenues, and were reported within our ASO segment.