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Revenue (Tables)
 12 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table summarizes revenues from contracts with customers for the twelve months ended September 30, 2019, respectively, (in thousands):

 
Fiscal Year Ended September 30, 2019
 
SOFO
 
SFI
 
MSKK
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Hardware
$
6,710

 
$
598

 
$
950

 
$
(808
)
 
$
7,450

Software
3,316

 
417

 
542

 
(430
)
 
3,845

Shipping
840

 
5

 
—

 
(509
)
 
336

 
 
 
 
 
 
 
 
 
 
Product and other total
10,866

 
1,020

 
1,492

 
(1,747
)
 
11,631

 
 
 
 
 
 
 
 
 
 
Support
7,717

 
672

 
2,137

 
(803
)
 
9,723

Hosting
4,258

 
544

 
1,649

 
—

 
6,451

Events
3,785

 
167

 
2,741

 
—

 
6,693

Installs & training
258

 
25

 
—

 
—

 
283

 
 
 
 
 
 
 
 
 
 
Services total
16,018

 
1,408

 
6,527

 
(803
)
 
23,150

 
 
 
 
 
 
 
 
 
 
Total revenue
$
26,884

 
$
2,428

 
$
8,019

 
$
(2,550
)
 
$
34,781
Impact of Adoption
As a result of applying the modified retrospective method to adopt ASC 606, the following amounts on our Consolidated Balance Sheet were adjusted as of October 1, 2018 to reflect the cumulative effect adjustment to the opening balance of accumulated deficit (in thousands):

 
As reported
 
ASC 606 adoption
 
Adjusted
 
September 30, 2018
 
adjustments
 
October 1, 2018
Capitalized commissions, current
$
—

 
$
580

 
$
580

Total current assets
10,825

 
580

 
11,405

 
 
 
 
 
 
Capitalized commissions, long-term
—

 
112

 
112

Total assets
$
13,583

 
$
692

 
$
14,275

 
 
 
 
 
 
Accrued liabilities
$
1,609

 
$
2

 
$
1,611

Unearned revenue
11,645

 
(924
)
 
10,721

Total current liabilities
16,590

 
(922
)
 
15,668

 
 
 
 
 
 
Other long-term liabilities
202

 
(2
)
 
200

Long-term portion of unearned revenue
1,691

 
(75
)
 
1,616

Total liabilities
20,041

 
(999
)
 
19,042

 
 
 
 
 
 
Accumulated deficit
(207,419
)
 
1,691

 
(205,728
)
Total stockholders' equity (deficit)
(6,458
)
 
1,691

 
(4,767
)
Total liabilities and stockholders' equity (deficit)
$
13,583

 
$
692

 
$
14,275



Effect of ASC 606 as of September 30, 2019 and for the Twelve Months Ended September 30, 2019
The following table summarizes the effect of adopting ASC 606 on our Consolidated Balance Sheet as of September 30, 2019 (in thousands):

 
 
 
 
 
Amounts without
 
As reported
 
ASC 606 adoption
 
ASC 606 impact
 
September 30, 2019
 
impact
 
September 30, 2019
Capitalized commissions, current
$
464

 
$
(464
)
 
$
—

Total current assets
12,984

 
(464
)
 
12,520

 
 
 
 
 
 
Capitalized commissions, long-term
106

 
(106
)
 
—

Total assets
$
15,180

 
$
(570
)
 
$
14,610

 
 
 
 
 
 
Accrued liabilities
$
2,216

 
$
(2
)
 
$
2,214

Unearned revenue
9,610

 
785

 
10,395

Total current liabilities
13,831

 
783

 
14,614

 
 
 
 
 
 
Other long-term liabilities
143

 
2

 
145

Long-term portion of unearned revenue
1,842

 
68

 
1,910

Total liabilities
21,433

 
853

 
22,286

 
 
 
 
 
 
Accumulated deficit
(209,340
)
 
(1,423
)
 
(210,763
)
Total stockholders' equity (deficit)
(6,253
)
 
(1,423
)
 
(7,676
)
Total liabilities and stockholders' equity (deficit)
$
15,180

 
$
(570
)
 
$
14,610


The following tables summarize the effects of adopting ASC 606 on our Consolidated Statement of Operations for the fiscal year ended September 30, 2019, respectively (in thousands):

 
As reported
 
 
 
Amounts without
 
Year Ended
 
ASC 606 adoption
 
ASC 606 impact
 
September 30, 2019
 
impact
 
September 30, 2019
Product and other revenue
$
11,631

 
$
145

 
$
11,776

Total revenue
34,781

 
145

 
34,926

 
 
 
 
 
 
Product and other cost of revenue
4,387

 
—

 
4,387

Total cost of revenue
9,280

 
—

 
9,280

 
 
 
 
 
 
Gross margin
25,501

 
145

 
25,646

 
 
 
 
 
 
Selling and marketing (operating expenses)
14,727

 
(123
)
 
14,604

Loss from operations
(2,508
)
 
268

 
(2,240
)
Loss before income taxes
(3,522
)
 
268

 
(3,254
)
Net loss
$
(3,612
)
 
$
268

 
$
(3,344
)
Net loss attributable to common stockholders
$
(3,734
)
 
$
268

 
$
(3,466
)
 
 
 
 
 
 
Loss per common share
 
 
 
 
 
     -basic
$
(0.64
)
 
$
0.05

 
$
(0.59
)
     -diluted
$
(0.64
)
 
$
0.05

 
$
(0.59
)

The following table summarizes the effect of adopting ASC 606 on our Consolidated Statement of Cash Flow for the twelve months ended September 30, 2019 (in thousands):

 
 
 
 
 
Amounts without
 
As reported
 
ASC 606 adoption
 
ASC 606 impact
 
September 30, 2019
 
impact
 
September 30, 2019
Cash flows from operating activities:
 
 
 
 
 
Net loss
$
(3,612
)
 
$
268

 
$
(3,344
)
 
 
 
 
 
 
Changes in operating assets and liabilities:
 
 
 
 
 
Capitalized commissions
123

 
(123
)
 
—

Unearned revenue
(900
)
 
(145
)
 
(1,045
)
Net cash used in operating activities
$
(736
)
 
$
—

 
$
(736
)