Acquisition (Tables)

9 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The table below represents the preliminary purchase price allocation to the assets acquired and liabilities assumed of SDI based on their estimated fair values as of the acquisition date. The fair values assigned to assets acquired and liabilities assumed are based on management’s best estimates and assumptions at the acquisition date.

(in thousands)	Amount			Weighted Average Useful Life (years)
Developed technology	$	250		7
Total identifiable intangible assets	250
Goodwill	798
Tangible assets acquired:
Cash acquired	$	541
Inventories	8,522
Accounts receivable	4,291
Other assets	355
Land and building	12,890
Property and equipment	2,873
Total tangible assets acquired	29,472
Net liabilities assumed	(4,817		)
Purchase price	$	25,703

Unaudited Pro Forma Information

The following unaudited pro forma financial information presented for the three and nine months ended June 30, 2019 and 2018 does not purport to be indicative of the results of operations that would have been achieved had the acquisition been consummated on October 1, 2017, nor of the results which may occur in the future. The pro forma amounts are based upon available information and certain assumptions that the Company believes are reasonable. 

(in thousands, except per share data)	For the three months ended June 30,						For the nine months ended June 30,
	2019			2018			2019			2018
Revenue	$	21,976		$	24,557		$	84,911		$	81,742
Net loss	$	(14,024	)	$	(9,017	)	$	(27,069	)	$	(11,487	)
Net loss per basic and diluted share	$	(0.50	)	$	(0.33	)	$	(0.98	)	$	(0.42	)
Weighted-average number of basic and diluted shares outstanding	28,005			27,387			27,730			27,204