SEGMENT INFORMATION

12 Months Ended

Sep. 30, 2020

SEGMENT INFORMATION

SEGMENT INFORMATION

12. SEGMENT INFORMATION

The Company operates 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. The accounting policies of these segments are the same as those described in the summary of significant accounting policies.

(a)          Operating Segments

	Years Ended September 30,
	2020		2019
Revenue:
Services	$	57,177	$	39,048
Products		3,292		4,568
	$	60,469	$	43,616
Operating income (loss):
Services	$	8,210	$	5,579
Products		(437)		(95)
Unallocated corporate		(10,836)		(5,636)
	$	(3,063)	$	(153)
Interest expense		(1,490)		(642)
Other income		15		9
Income (loss) before income taxes	$	(4,538)	$	(786)

	Years Ended September 30,					Years Ended September 30,
	2020		2019			2020		2019
Identifiable assets:					Depreciationand amortization:
Services	$	54,480	$	35,695	Services	$	3,127	$	2,017
Products		1,535		1,780	Products		23		19
Unallocated corporate		5,578		4,505	Unallocated corporate		779		681
	$	61,593	$	41,980		$	3,929	$	2,717
Goodwill, net:					Capital expenditures:
Services	$	4,368	$	3,617	Services	$	4,781	$	5,936
Products		—		—	Products		9		29
Unallocated corporate		—		—	Unallocated corporate		1,410		913
	$	4,368	$	3,617		$	6,200	$	6,878

(b)          Geographic Information

	Years Ended
	September 30,
	2020		2019
Sales to External Customers:
United States	$	56,253	$	39,634
Other North America		148		218
Pacific Rim		2,826		2,407
Europe		1,207		1,217
Other		35		140
	$	60,469	$	43,616
Long-lived Assets:
United States	$	28,729	$	22,828
	$	28,729	$	22,828

(c)          Major Clients

Sales are predominately to customers located principally in the United States.  The Company extends trade credit to its customers on terms that are generally practiced in the industry.  As of and for the years ended September 30, 2020 and 2019, no customers accounted for more than 10 percent of sales or accounts receivable.