Geographical Information

6 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Geographical Information

Geographical Information

Following the sale of the Photovoltaics Business on December 10, 2014, the Company has one remaining reportable segment: Fiber Optics. See also Note 3 - Discontinued Operations for additional disclosures.

We evaluate our reportable segment pursuant to ASC 280, Segment Reporting. The Company's Chief Executive Officer is the chief operating decision maker and he assesses the performance of the operating segment and allocates resources to the segment based on its business prospects, competitive factors, net revenue, operating results, and other non-GAAP financial ratios. Based on this evaluation, the Company operates as a single reportable segment.

Revenue: The following tables set forth revenue by geographic region with revenue assigned to geographic regions based on our customers’ billing address.

Revenue by Geographic Region	For the three months ended March 31,				For the six months ended March 31,
(in thousands)	2016		2015		2016		2015
United States	$	15,369	$	13,063	$	29,182	$	26,413
Asia	4,638		3,901		10,977		6,598
Europe	1,371		1,950		3,534		4,027
Other	154		143		329		435
Total revenue	$	21,532	$	19,057	$	44,022	$	37,473

Significant Customers: Significant customers are defined as customers representing greater than 10% of our consolidated revenue. Revenue from two of our significant customers represented 51% of our consolidated revenue for the three months and six months ended March 31, 2016. Revenue from three of our significant customers represented 54% of our consolidated revenue for the three months ended March 31, 2015 and revenue from four of our significant customers represented 62% of our consolidated revenue for the six months ended March 31, 2015.

Long-lived Assets: Long-lived assets consist of property, plant, and equipment. As of March 31, 2016 and September 30, 2015, approximately 50% and 38%, respectively, of our long-lived assets were located in the United States. The remaining long-lived assets are primarily located in China.