Segment Information (Tables)

6 Months Ended

Jan. 31, 2023

Segment Reporting [Abstract]

Segment Information

Operating segment information, along with a reconciliation of segment net income (loss) and consolidated net income (loss) to Adjusted EBITDA is presented in the tables below:

	Three months ended January 31, 2023
	Satellite and Space Communications		Terrestrial and Wireless Networks	Unallocated	Total
Net sales	$	80,407,000	53,318,000	—	$	133,725,000
Operating income (loss)	$	3,327,000	3,312,000	(7,420,000)	$	(781,000)
Net income (loss)	$	3,123,000	3,563,000	(11,491,000)	$	(4,805,000)
(Benefit from) provision for income taxes	(422,000)		(116,000)	316,000	(222,000)
Interest (income) and other	597,000		(135,000)	(7,000)	455,000
Interest expense	29,000		—	3,762,000	3,791,000
Amortization of stock-based compensation	—		—	1,268,000	1,268,000
Amortization of intangibles	1,828,000		3,521,000	—	5,349,000
Depreciation	1,010,000		1,921,000	36,000	2,967,000
Amortization of cost to fulfill assets	240,000		—	—	240,000
Restructuring costs	1,089,000		—	454,000	1,543,000
Strategic emerging technology costs	738,000		—	—	738,000
Adjusted EBITDA	$	8,232,000	8,754,000	(5,662,000)	$	11,324,000
Purchases of property, plant and equipment	$	119,000	2,414,000	164,000	$	2,697,000
Total assets at January 31, 2023	$	486,426,000	471,358,000	25,888,000	$	983,672,000

	Three months ended January 31, 2022
	Satellite and Space Communications		Terrestrial and Wireless Networks	Unallocated	Total
Net sales	$	69,180,000	51,201,000	—	$	120,381,000
Operating (loss) income	$	(2,500,000)	6,856,000	(28,946,000)	$	(24,590,000)
Net (loss) income	$	(2,508,000)	6,965,000	(26,331,000)	$	(21,874,000)
Provision for (benefit from) income taxes	82,000		(209,000)	(3,149,000)	(3,276,000)
Interest (income) and other	(80,000)		100,000	(50,000)	(30,000)
Change in fair value of convertible preferred        stock purchase option liability	—		—	(398,000)	(398,000)
Interest expense	6,000		—	982,000	988,000
Amortization of stock-based compensation	—		—	1,983,000	1,983,000
Amortization of intangibles	1,828,000		3,521,000	—	5,349,000
Depreciation	773,000		1,510,000	51,000	2,334,000
CEO transition costs	—		—	13,554,000	13,554,000
Restructuring costs	1,726,000		—	—	1,726,000
COVID-19 related costs	355,000		—	—	355,000
Proxy solicitation costs	—		—	9,086,000	9,086,000
Adjusted EBITDA	$	2,182,000	11,887,000	(4,272,000)	$	9,797,000
Purchases of property, plant and equipment	$	3,187,000	1,986,000	—	$	5,173,000
Total assets at January 31, 2022	$	482,989,000	485,155,000	26,710,000	$	994,854,000

	Six months ended January 31, 2023
	Satellite and Space Communications		Terrestrial and Wireless Networks	Unallocated	Total
Net sales	$	161,280,000	103,584,000	—	$	264,864,000
Operating income (loss)	$	8,343,000	4,056,000	(22,904,000)	$	(10,505,000)
Net income (loss)	$	8,938,000	4,168,000	(29,007,000)	$	(15,901,000)
(Benefit from) provision for income taxes	(644,000)		(281,000)	95,000	(830,000)
Interest (income) and other	22,000		169,000	9,000	200,000
Interest expense	27,000		—	5,999,000	6,026,000
Amortization of stock-based compensation	—		—	2,172,000	2,172,000
Amortization of intangibles	3,656,000		7,042,000	—	10,698,000
Depreciation	2,030,000		3,658,000	77,000	5,765,000
Amortization of cost to fulfill assets	480,000		—	—	480,000
CEO transition costs	—		—	9,090,000	9,090,000
Restructuring costs	2,145,000		—	723,000	2,868,000
Strategic emerging technology costs	1,484,000		—	—	1,484,000
Adjusted EBITDA	$	18,138,000	14,756,000	(10,842,000)	$	22,052,000
Purchases of property, plant and equipment	$	4,554,000	4,956,000	408,000	$	9,918,000
Total assets at January 31, 2023	$	486,426,000	471,358,000	25,888,000	$	983,672,000

	Six months ended January 31, 2022
	Satellite and Space Communications		Terrestrial and Wireless Networks	Unallocated	Total
Net sales	$	133,740,000	103,400,000	—	$	237,140,000
Operating (loss) income	$	(7,813,000)	12,958,000	(36,250,000)	$	(31,105,000)
Net (loss) income	$	(7,582,000)	12,943,000	(33,219,000)	$	(27,858,000)
Benefit from income taxes	(517,000)		(68,000)	(4,744,000)	(5,329,000)
Interest (income) and other	167,000		82,000	(60,000)	189,000
Change in fair value of convertible preferred stock purchase   option liability	—		—	(702,000)	(702,000)
Interest expense	120,000			2,475,000	2,595,000
Amortization of stock-based compensation	—		—	2,904,000	2,904,000
Amortization of intangibles	3,656,000		7,042,000	—	10,698,000
Depreciation	1,598,000		2,874,000	103,000	4,575,000
CEO transition costs	—		—	13,554,000	13,554,000
Proxy solicitation costs	—		—	11,248,000	11,248,000
Restructuring costs	2,438,000		—	—	2,438,000
COVID-19 related costs	1,029,000		—	—	1,029,000
Adjusted EBITDA	$	909,000	22,873,000	(8,441,000)	$	15,341,000
Purchases of property, plant and equipment	$	4,224,000	4,587,000	—	$	8,811,000
Total assets at January 31, 2022	$	482,989,000	485,155,000	26,710,000	$	994,854,000