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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of supplemental cash flow information

Supplemental cash information and non-cash activities related to operating leases are as follows (in thousands):

 

 

 

 

 

 

Six Months Ended 

 

    

March 31, 2020

Operating cash outflows from operating leases

 

$

629

Operating lease assets obtained in exchange for new lease liabilities

 

$

10,791

 

Schedule of maturities of operating lease liabilities

 

 

 

 

 

 

Amount

2020

 

$

1,832

2021

 

 

1,817

2022

 

 

1,835

2023

 

 

1,770

2024

 

 

1,708

Thereafter

 

 

13,238

 Total lease payments

 

 

22,200

Less imputed interest

 

 

(6,927)

 Total 

 

$

15,273

 

schedule of future minimum lease payments

 

 

 

 

 

 

Amount

2020

 

$

988

2021

 

 

839

2022

 

 

824

2023

 

 

853

2024

 

 

655

Thereafter

 

 

1,350

 Total lease payments

 

$

5,509

 

 

 

 

 

Schedule of weighted-average remaining lease term and discount rate

 

 

 

 

 

 

 

 

 

 

March 31, 2020

 

Weighted average remaining lease term (years)

 

14.7

 

Weighted average discount rate

 

6.1

%

 

 

 

 

 

Revenue by Major Product Category

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 

 

For the six months ended March 31, 

 

 

 

 

 

 

% of

 

 

 

 

% of

 

 

 

 

% of

 

 

 

 

% of

 

(in thousands)

    

2020

    

Revenue

    

2019

    

Revenue

    

2020

    

Revenue

    

2019

    

Revenue

 

Navigation and Inertial Sensing

 

$

8,842

 

37

%  

 

4,094

 

19

%  

$

19,109

 

39

%  

 

6,553

 

14

%

Defense Optoelectronics

 

 

4,171

 

18

%  

 

2,779

 

13

%  

 

7,608

 

15

%  

 

4,460

 

10

%

CA TV Lasers and Transmitters

 

 

8,782

 

37

%  

 

10,762

 

49

%  

 

18,165

 

37

%  

 

25,534

 

56

%

Chip Devices

 

 

1,035

 

 4

%  

 

3,501

 

16

%  

 

2,590

 

 5

%  

 

7,716

 

17

%

Other

 

 

1,020

 

 4

%  

 

609

 

 3

%  

 

1,860

 

 4

%  

 

1,483

 

 3

%

Total revenue

 

$

23,850

 

100

%  

$

21,745

 

100

%  

$

49,332

 

100

%  

$

45,746

 

100

%