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Segment Information
12 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company provides operating results in four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), Machinio. Descriptions of our reportable segments are as follows:

The GovDeals reportable segment provides self-directed service solutions that enable local and state government entities including city, county and state agencies, located in the United States and Canada to sell surplus and
salvage assets through our GovDeals marketplace. Through the end of fiscal 2019, GovDeals provided self-directed service solutions to commercial businesses as part of the Auction Deals marketplace.

The RSCG reportable segment consists of marketplaces that enable corporations located in the United States and Canada to sell surplus and salvage consumer goods. RSCG also offers a suite of services that includes returns management, asset recovery, and e-commerce services. This segment includes the Company's Liquidation.com and Secondipity marketplaces. Through the end of third quarter fiscal 2021, RSCG operated the Liquidation.com DIRECT marketplace for truckload quantities of retail surplus. Those assets are now sold on the Liquidation.com marketplace.

The CAG reportable segment provides managed and self-directed service solutions to sellers and consists of marketplaces that enable commercial businesses to sell surplus and idle assets. CAG also offers a suite of services that includes surplus management, asset valuation, asset sales and marketing. Commercial seller assets are located across North America, Europe, Australia, Asia, and Africa. This segment includes the Company's Network International and GoIndustry DoveBid marketplaces and, beginning in fiscal 2020, self-directed service solutions for commercial businesses on the AllSurplus marketplace. Prior to the conclusion of the Scrap Contract, CAG sold scrap assets from the DoD on its Government Liquidation marketplace.

The Machinio reportable segment operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing and agriculture sectors.

We also report results of Corporate & Other, including elimination adjustments. For the year ended September 30, 2019, Corporate & Other included a previously existing operating segment that did not meet the quantitative thresholds to be a reportable segment, IronDirect. The Company exited the IronDirect business in January 2019.

Decisions concerning the allocation of the Company’s resources are made by the Company’s Chief Operating Decision Maker ("CODM"), which is the Company's Chief Executive Officer, with oversight by the Board of Directors. The Company reports segment information based on the internal performance measures used by the CODM to assess the performance of each operating segment in a given period. In connection with that assessment, the CODM uses segment gross profit to evaluate the performance of each segment. Segment gross profit is calculated as total revenue less cost of goods sold and seller distributions (excludes depreciation and amortization).
The following table sets forth certain financial information for the Company's reportable segments:
Year Ended September 30,
(in thousands)
202120202019
GovDeals:
Revenue$— $— $— 
Fee revenue49,579 32,806 32,936 
Total revenue49,579 32,806 32,936 
Gross profit47,030 30,721 30,386 
RSCG:
Revenue130,790 118,398 110,736 
Fee revenue28,016 18,093 16,585 
Total revenue158,806 136,491 127,321 
Gross profit64,564 49,727 44,967 
CAG:
Revenue15,361 9,182 36,684 
Fee revenue24,284 20,299 23,558 
Total revenue39,645 29,481 60,242 
Gross profit29,324 22,714 32,679 
Machinio:
Revenue— — — 
Fee revenue9,559 7,213 5,598 
Total revenue9,559 7,213 5,598 
Gross profit8,992 6,813 5,196 
Corporate & Other, including elimination adjustments:
Revenue— — 469 
Fee revenue(57)(51)(41)
Total revenue(57)(51)428 
Gross profit(57)(51)52 
Consolidated:
Revenue146,151 127,580 147,889 
Fee revenue111,380 78,360 78,636 
Total revenue257,531 205,940 226,525 
Gross profit149,853 109,924 113,280 

The following table presents a reconciliation between gross profit used in the reportable segments and the Company's consolidated results:
Year Ended September 30,
(in thousands)
202120202019
Reconciliation:
Gross profit149,853 109,924 113,280 
Operating expenses122,679 113,248 127,739 
Other operating expenses573 5,049 
Interest and other income, net(411)(924)(1,448)
Income (loss) before income taxes27,579 (2,973)(18,060)
Total segment assets reconciled to consolidated amounts are as follows:
September 30,
(in thousands)
20212020
GovDeals$148,111 $102,083 
RSCG84,971 51,230 
CAG94,884 107,529 
Machinio29,806 26,568 
Corporate & Other, including elimination adjustments(102,196)(90,776)
Total Assets:$255,576 $196,634 

Revenue attributed to countries that represent a significant portion of consolidated revenues are as follows:
Year Ended September 30,
(in thousands)
202120202019
United States$214,162 $180,887 $191,816 
Rest of the world43,369 25,053 34,709 
Total Revenue$257,531 $205,940 $226,525 

Total long-lived assets by geographic areas are as follows:
September 30,
(in thousands)20212020
United States$17,261 $17,358 
Rest of the world373 485 
Total Long-lived Assets$17,634 $17,843