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Segment Information
 3 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We have two reportable segments: IoT Products & Services and IoT Solutions. Effective with the reorganization announcement on October 7, 2020, our IoT Products & Services business is now structured to include four operating segments, each with a segment manager. These four operating segments include:
•Cellular Routers - box devices (fully enclosed) that provide connectivity typically in a place where the device can be plugged in exclusively using cellular communications.
•Console Servers - similar to cellular routers except they are exclusively for edge computing installations and data center applications exclusively using cellular communications.
•OEM Solutions - Original Equipment Manufacturers ("OEM") will be a chip, rather than a boxed device. This can come in the form of a stand-alone chip, or from a systems-on-module ("SOMs"). While cellular connectivity is used, other communication protocols can be used such as Zigbee, Bluetooth or Radio-Frequency ("RF") based on application.
•Infrastructure Management - includes battery operated, cellular enabled connect sensors as well as other types of console server applications that are more Digi Accelerated Linux ("DAL") based than Console Servers. This operating segment has some products that do not use cellular communications, but a large part of this segment does use cellular communications.
8. SEGMENT INFORMATION (CONTINUED)
Following the acquisition of Ventus on November 1, 2021, IoT Solutions is now comprised of two operating segments:
•SmartSense - offers wireless temperature and other condition-based monitoring services as well as employee task management services.
•Ventus - provides MNaaS solutions that simplify the complexity of enterprise wide area network ("WAN") connectivity via wireless and fixed line solutions.
The operating segments included in each reportable segment have similar qualitative and quantitative factors which allow us to aggregate them under each reportable segment. The qualitative factors include similar nature of products and services, production process, type or class of customers and methods used to distribute the products. The quantitative factors include similar operating margins. Our CODM reviews and makes business decisions which includes a primary review of operating income but also includes gross profit. Following the October 2020 reorganization, the shared general and administrative costs began being allocated to each operating segment. As a result, our disclosed measure of segment operating income has been updated for all periods presented to conform with this change.
Summary operating results for each of our segments were (in thousands):
Three months ended December 31,
20212020
Revenue
IoT Products & Services$65,744 $61,780 
IoT Solutions18,513 11,366 
Total revenue$84,257 $73,146 
Gross Profit
IoT Products & Services$35,675 $35,679 
IoT Solutions12,206 5,340 
Total gross profit$47,881 $41,019 
Operating Income (Loss)
IoT Products & Services$4,116 $1,269 
IoT Solutions(317)(1,415)
Total operating income (loss)$3,799 $(146)
Depreciation and Amortization
IoT Products & Services$3,629 $3,134 
IoT Solutions4,233 1,916 
Total depreciation and amortization$7,862 $5,050 
Total expended for property, plant and equipment was (in thousands):
Three months ended December 31,
20212020
IoT Products & Services$454 $777 
IoT Solutions*— — 
Total expended for property, plant and equipment$454 $777 
* Excluded from this amount is $699 and $882 of transfers of inventory to property plant and equipment for subscriber assets for the three months ended December 31, 2021 and 2020, respectively.
8. SEGMENT INFORMATION (CONTINUED)
Total assets for each of our segments were (in thousands):
December 31,
2021		September 30,
2021
IoT Products & Services$386,589 $386,934 
IoT Solutions432,453 80,165 
Unallocated*47,188 152,432 
Total assets$866,230 $619,531 
*Unallocated consists of cash and cash equivalents.