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REVENUE RECOGNITION (Tables)
 6 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule Of The New Revenue, Standard Impacted The Consolidated Financial Statements
The impact of adoption of ASC 606 to the Company’s condensed consolidated financial statements for the three months ended March 31, 2019 is as follows:
 
Statements of Operations and Comprehensive (Loss) Income
 
 
 
As Reported
 
 
Effect of
Change
Higher/(Lower)
 
 
Amount Without
Adoption of ASC
606
 
Service revenue
 
$
8,131
 
 
$
(25
)
 
$
8,156
 
Product revenue
 
 
1,213
 
 
 
 
 
 
 
1,213
 
Total revenue
 
 
9,344
 
 
 
(25
)
 
 
9,369
 
Total cost of revenue
 
 
6,783
 
 
 
 
 
 
 
6,783
 
Gross profit
 
 
2,561
 
 
 
(25
)
 
 
2,586
 
Operating loss
 
 
(449
)
 
 
(25
)
 
 
(424
)
Net loss before income taxes
 
 
(568
)
 
 
(25
)
 
 
(543
)
Income taxes expense
 
 
1
 
 
 
 
 
 
 
1
 
Net loss
 
$
(569
)
 
$
(25
)
 
$
(544
)
Diluted net loss per share
 
$
(0.06
)
 
$
(0.00
)
 
$
(0.06
)
 
Balance Sheet
 
  
 
 
As Reported
  
 
Effect of 
Change 
Higher/(Lower)
  
Amount Without
Adoption of ASC 
606
 
          
Current Liabilities:            
Customer advances $5,583  $(95) $5,489 
             
Shareholder’s equity:            
Accumulated deficit $(16,961) $95  $(16,867)
 
The impact of adoption of ASC 606 to the Company’s condensed consolidated financial statements for the six months ended March 31, 2019 is as follows:
 
Statements of Operations and Comprehensive (Loss) Income
 
 
 
As Reported
 
 
Effect of
Change
Higher/(Lower)
 
 
Amount Without
Adoption of ASC
606
 
Service revenue
 
$
15,866
 
 
$
(19
)
 
$
15,885
 
Product revenue
 
 
2,103
 
 
 
 
 
 
 
2,103
 
Total revenue
 
 
17,969
 
 
 
(19
)
 
 
17,988
 
Total cost of revenue
 
 
12,989
 
 
 
 
 
 
 
12,989
 
Gross profit
 
 
4,980
 
 
 
(19
)
 
 
4,999
 
Operating loss
 
 
(408
)
 
 
(19
)
 
 
(389
)
Net loss before income taxes
 
 
(652
)
 
 
(19
)
 
 
(633
)
Income taxes expense
 
 
2
 
 
 
 
 
 
 
2
 
Net loss
 
$
(654
)
 
$
(19
)
 
$
(635
)
Diluted net loss per share
 
$
(0.06
)
 
$
(0.00
)
 
$
(0.06
)
 
Balance Sheet
 
 
 
As Reported
 
 
Effect of
Change
Higher/(Lower)
 
 
Amount Without
Adoption of
ASC 606
 
 
 
 
 
 
 
 
 
 
 
Current Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Customer advances
 
$
5,583
 
 
$
(95
)
 
$
5,489
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shareholder’s equity:
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated deficit
 
$
(16,961
)
 
$
95
 
 
$
(16,867
)