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SEGMENT INFORMATION
3 Months Ended
Dec. 31, 2020
SEGMENT INFORMATION  
SEGMENT INFORMATION

5.    SEGMENT INFORMATION

The Company operates in two principal segments - research services and research products. The Services segment provides research and development support on a contract basis directly to pharmaceutical companies. The 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 found in Note 2 to the Consolidated Financial Statements in our annual report on Form 10-K for the fiscal year ended September 30, 2020.

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

December 31,

 

    

2020

    

2019

Revenue:

 

 

  

 

 

  

Service

 

$

17,032

 

$

12,142

Product

 

 

853

 

 

776

 

 

$

17,885

 

$

12,918

Operating income (loss):

 

 

 

 

 

 

Service

 

$

3,111

 

$

1,263

Product

 

 

167

 

 

(271)

Corporate

 

 

(3,264)

 

 

(2,012)

 

 

$

14

 

$

(1,020)

 

 

 

 

 

 

 

Interest expense

 

 

(347)

 

 

(311)

Other income

 

 

 0

 

 

 2

Loss before income taxes

 

$

(333)

 

$

(1,329)