SEGMENT INFORMATION

12 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

SEGMENT INFORMATION

12. SEGMENT INFORMATION

We operate in two principal segments – contract 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. We evaluate performance and allocate resources based on these segments. Certain of our assets are not directly attributable to the Services or Products segments. These assets are grouped into the Corporate segment and include cash and cash equivalents, deferred income taxes, refundable income taxes, debt issue costs and certain other assets. We do not allocate such items to the principal segments because they are not used to evaluate their financial position. 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,
	2016		2015
Revenue:
Services	$	15,924	$	17,768
Products		4,517		4,930
	$	20,441	$	22,698
Operating (loss) income  :
Services	$	(1,576)	$	889
Products		(1,464)		20
	$	(3,040)	$	909
Interest Expense		(399)		(287)
Decrease in fair value of warrant liability		189		487
Other income		6		5
Income (loss) before income taxes	$	(3,244)	$	1,114

	Years Ended September 30,
	2016		2015
Identifiable assets:
Services	$	12,413	$	14,709
Products		5,562		5,821
Corporate		3,164		3,285
	$	21,139	$	23,815
Goodwill, net:
Services	$	38	$	1,009
Products		—		—
	$	38	$	1,009

	Years Ended September 30,
	2016		2015
Depreciation and amortization:
Services	$	1,242	$	1,228
Products		314		209
	$	1,556	$	1,437
Capital expenditures:
Services	$	945	$	1,073
Products		311		394
	$	1,256	$	1,467

(b) Geographic Information

	Years Ended September 30,
	2016		2015
Sales to External Customers:
United States	$	18,385	$	19,732
Other North America		297		1,099
Pacific Rim		1,148		646
Europe		447		908
Other		164		313
	$	20,441	$	22,698
Long-lived Assets:
United States	$	16,211	$	17,124
	$	16,211	$	17,124

(c) Major Customers

In fiscal 2016, our Services group continued its presence at several important existing customers. In fiscal 2016, one customer accounted for approximately 14.0% of total sales and 13.2% of total trade accounts receivable at September 30, 2016. In fiscal 2015, this customer accounted for approximately 4.0% of total sales and 19.4% of total trade accounts receivable at September 30, 2015. The customer discussed is included in our Services segment. There can be no assurance that our business will move away from dependence upon a limited number of customer relationships.