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Segment Information
6 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
We have two reportable operating segments: (1) IoT Products & Services, and (2) IoT Solutions. Summary operating results for each of our segments were as follows (in thousands):
 
 
Three months ended March 31,
 
Six months ended March 31,
 
 
2019
 
2018
(as adjusted)*
 
2019
 
2018
(as adjusted)*
Revenue
 
 
 
 
 
 
 
 
IoT Products & Services
 
$
56,039

 
$
49,825

 
$
109,333

 
$
90,705

IoT Solutions
 
9,725

 
4,723

 
18,744

 
8,798

Total revenue
 
$
65,764

 
$
54,548

 
$
128,077

 
$
99,503

Operating income (loss)
 
 
 
 
 
 
 
 
IoT Products & Services
 
$
3,450

 
$
4,689

 
$
10,852

 
$
5,953

IoT Solutions
 
(2,665
)
 
(3,871
)
 
(4,509
)
 
(7,134
)
Total operating income (loss)
 
$
785

 
$
818

 
$
6,343

 
$
(1,181
)
Depreciation and amortization
 
 
 
 
 
 
 
 
IoT Products & Services
 
$
1,378

 
$
1,729

 
$
3,320

 
$
2,578

IoT Solutions
 
1,775

 
1,651

 
3,506

 
3,255

Total depreciation and amortization
 
$
3,153

 
$
3,380

 
$
6,826

 
$
5,833


*Prior period information has been restated for the adoption of ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” which we adopted on October 1, 2018.
9. SEGMENT INFORMATION (CONTINUED)
Total expended for property, plant and equipment was as follows (in thousands):
 
 
Six months ended March 31,
 
 
2019
 
2018
Expended for property, equipment and improvements
 
 
 
 
IoT Products & Services
 
$
7,289

 
$
785

IoT Solutions*
 
57

 

Total expended for property, plant and equipment
 
$
7,346

 
$
785

* Excluded from this amount is $654 and $827 of transfers of inventory to property plant and equipment for the six months ended March 31, 2019 and 2018, respectively.
Total assets for each of our segments were as follows (in thousands):
 
 
March 31, 2019

 
September 30, 2018
(as adjusted)*
Assets
 
 
 
 
IoT Products & Services
 
$
216,601

 
$
209,574

IoT Solutions
 
94,844

 
99,822

Unallocated**
 
72,090

 
62,750

Total assets
 
$
383,535

 
$
372,146

*Prior period information has been restated for the adoption of ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” which we adopted on October 1, 2018.
**Unallocated consists of cash and cash equivalents and current marketable securities.