REVENUE CONCENTRATION

9 Months Ended

Jun. 30, 2023

Risks and Uncertainties [Abstract]

REVENUE CONCENTRATION

12. REVENUE CONCENTRATION

For the three months ended June 30, 2023, the Company derived revenue of $7.0 million from one customer, with such customer accounting for 16% of the Company’s total revenue. For the three months ended June 30, 2022, the Company derived revenue of $13.6 million from three customers, with such customers accounting for 14%, 10%, and 10% of the Company’s total revenue, respectively. For the nine months ended June 30, 2023, the Company derived revenue of $35.2 million from two customers, with such customers accounting for 15% and 11% of the Company’s total revenue, respectively. For the nine months ended June 30, 2022, the Company derived revenue of $16.9 million from one customer, with such customer accounting for 16% of the Company’s total revenue. The corresponding accounts receivable balances of customers from which revenues were in excess of 10% of total revenue were $7.1 million and $5.3 million at June 30, 2023 and 2022, respectively.

International sales accounted for approximately 29% and 28% of the Company’s total revenue in the three months ended June 30, 2023 and 2022, respectively. For the nine months ended June 30, 2023 and 2022, international sales accounted for approximately 25% and 29% of the Company’s total revenue, respectively. From a geographic perspective, approximately 70% and 69% of the Company’s total long-term assets as of June 30, 2023 and September 30, 2022, respectively, are associated with the Company’s international subsidiaries. From a geographic perspective, approximately 16% and 19% of the Company’s total long-term assets excluding goodwill and other intangible assets as of June 30, 2023 and September 30, 2022, respectively, are associated with the Company’s international subsidiaries.