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Segment Information
9 Months Ended
Jun. 30, 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 June 30,
 
Nine months ended June 30,
 
 
2019
 
2018
(as adjusted)*
 
2019
 
2018
(as adjusted)*
Revenue
 
 
 
 
 
 
 
 
IoT Products & Services
 
$
50,510

 
$
54,406

 
$
159,843

 
$
145,111

IoT Solutions
 
10,656

 
7,866

 
29,400

 
16,664

Total revenue
 
$
61,166

 
$
62,272

 
$
189,243

 
$
161,775

Operating income (loss)
 
 
 
 
 
 
 
 
IoT Products & Services
 
$
3,117

 
$
4,544

 
$
13,969

 
$
10,497

IoT Solutions
 
(1,496
)
 
(2,120
)
 
(6,005
)
 
(9,254
)
Total operating income
 
$
1,621

 
$
2,424

 
$
7,964

 
$
1,243

Depreciation and amortization
 
 
 
 
 
 
 
 
IoT Products & Services
 
$
1,391

 
$
1,754

 
$
4,711

 
$
4,332

IoT Solutions
 
1,795

 
1,719

 
5,301

 
4,974

Total depreciation and amortization
 
$
3,186

 
$
3,473

 
$
10,012

 
$
9,306


*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.
Total expended for property, plant and equipment was as follows (in thousands):
 
 
Nine months ended June 30,
 
 
2019
 
2018
Expended for property, equipment and improvements
 
 
 
 
IoT Products & Services
 
$
8,212

 
$
963

IoT Solutions*
 
388

 

Total expended for property, plant and equipment
 
$
8,600

 
$
963

* Excluded from this amount is $921 and $1,750 of transfers of inventory to property plant and equipment for the nine months ended June 30, 2019 and 2018, respectively.
Total assets for each of our segments were as follows (in thousands):
 
 
June 30, 2019

 
September 30, 2018
(as adjusted)*
Assets
 
 
 
 
IoT Products & Services
 
$
204,069

 
$
209,574

IoT Solutions
 
94,828

 
99,822

Unallocated**
 
86,349

 
62,750

Total assets
 
$
385,246

 
$
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.