Segment, Customer and Geographical Reporting

9 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 8 – Segment, Customer and Geographical Reporting

Segment Financial Information

Dynasil’s business is comprised of two segments: products and technology (“Products and Technology”) and contract research (“Contract Research”). Within these segments, there is a segregation of reportable units based upon the organizational structure used to evaluate performance and make decisions on resource allocation, as well as availability and materiality of separate financial results consistent with that structure. The Products and Technology segment manufactures optical materials, components, coatings and specialized instruments used in various applications in the medical, industrial, and homeland security/defense sectors. The Company’s most recent new business venture, Dynasil Biomedical Corp. (“Dynasil Biomedical”) is reported within this segment. It has been determined that this new business venture will primarily pursue product commercialization of technologies and technology licensing opportunities, though there can be no assurances that any of these opportunities will become successfully commercialized. Dynasil’s Contract Research segment is one of the largest small business participants in U.S. government-funded research.

The Company’s segment information for the three months ended June 30, 2012 and 2011 is summarized below:

	Three Months Ended
	June 30,
Segment	2012			2011
Contract Research
Revenue	$	6,552,211		$	6,273,104
Income from Operations		(28,435	)		134,132
Income as a percent of revenue		-0.4	%		2.1	%
Products and Technology
Revenue	$	5,863,561		$	5,880,071
Income (loss) from Operations		4,449			95,144
Income (loss) as a percent of revenue		0.1	%		1.6	%
Total
Revenue	$	12,415,772		$	12,153,175
Income (loss) from Operations		(23,986	)		229,276
Income (loss) as a percent of revenue		-0.2	%		1.9	%

The Company’s segment information for the nine months ended June 30, 2012 and 2011 is summarized below:

	Nine Months Ended
	June 30,
Segment	2012			2011
Contract Research
Revenue	$	19,716,645		$	18,729,027
Income from Operations		418,949			561,240
Income as a percent of revenue		2.1	%		3.0	%
Products and Technology
Revenue	$	17,563,163		$	17,167,003
Income (loss) from Operations		(552,591	)		1,220,407
Income (loss) as a percent of revenue		-3.1	%		7.1	%
Total
Revenue	$	37,279,808		$	35,896,030
Income (loss) from Operations		(133,642	)	$	1,781,647
Income (loss) as a percent of revenue		-0.4	%		5.0	%

Customer Financial Information

For the three and nine months ended June 30, 2012 and 2011, the top three customers for the Contract Research segment were various agencies of the U.S. Government. For the three months ended June 30, 2012 and 2011, these customers made up 56% and 78%, respectively, of Contract Research revenue. For the nine months ended June 30, 2012 and 2011, these customers made up 70% and 80%, respectively, of Contract Research revenue.

For the Products and Technology segment, there was no customer whose revenue represented more than 10% of the total segment revenue for the three months or the nine months ended June 30, 2012 and 2011.

Geographic Financial Information

Revenue by geographic location in total and as a percentage of total revenue, for the three months ended June 30, 2012 and 2011 are as follows:

	Three Months Ended					Three Months Ended
	June 30, 2012					June 30, 2011
Geographic Location	Revenue		% of Total			Revenue		% of Total
United States		10,464,672		84.3	%	$	10,022,392		82.5	%
Europe		981,147		7.9	%		1,288,494		10.6	%
Other		969,954		7.8	%		842,289		6.9	%
	$	12,415,772		100.0	%	$	12,153,175		100.0	%

Revenue by geographic location in total and as a percentage of total revenue, for the nine months ended June 30, 2012 and 2011 are as follows:

	Nine Months Ended					Nine Months Ended
	June 30, 2012					June 30, 2011
Geographic Location	Revenue		% of Total			Revenue		% of Total
United States		30,947,319		83.0	%	$	29,580,144		82.4	%
Europe		3,476,479		9.3	%		3,917,052		10.9	%
Other		2,856,011		7.7	%		2,398,834		6.7	%
	$	37,279,808		100.0	%	$	35,896,030		100.0	%