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SEGMENT INFORMATION
3 Months Ended
Dec. 31, 2019
SEGMENT INFORMATION  
SEGMENT INFORMATION

5.    SEGMENT INFORMATION

We operate in two principal segments - research services and research products. Our Services segment provides research and development support on a contract basis directly to pharmaceutical companies. Our Products segment provides liquid chromatography, electrochemical and physiological monitoring products to pharmaceutical companies, universities, government research centers and medical research institutions.  Our accounting policies in these segments are the same as those described in the summary of significant accounting policies found in Note 2 to Consolidated Financial Statements in our annual report on Form 10-K for the fiscal year ended September 30, 2019.

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

December 31, 

 

    

2019

    

2018

Revenue:

 

 

  

 

 

  

Service

 

$

12,142

 

$

7,735

Product

 

 

776

 

 

890

 

 

$

12,918

 

$

8,625

Operating income (loss):

 

 

  

 

 

  

Service

 

$

1,263

 

$

636

Product

 

 

(271)

 

 

(80)

Corporate

 

 

(2,012)

 

 

(515)

 

 

$

(1,020)

 

$

41

 

 

 

  

 

 

  

Interest expense

 

 

(311)

 

 

(126)

Other income

 

 

 2

 

 

 1

Loss before income taxes

 

$

(1,329)

 

$

(84)