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Segment Information (Tables)
9 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Summary operating results for each of our segments were (in thousands):
Three months ended June 30,Nine months ended June 30,
2022202120222021
Revenue
IoT Products & Services$79,758 $66,812 $216,872 $194,224 
IoT Solutions23,759 12,267 65,615 35,302 
Total revenue$103,517 $79,079 $282,487 $229,526 
Gross Profit
IoT Products & Services$42,643 $36,806 $116,779 $106,942 
IoT Solutions14,783 5,750 40,512 17,089 
Total gross profit$57,426 $42,556 $157,291 $124,031 
Operating Income (Loss)
IoT Products & Services$10,881 $6,101 $24,046 $11,954 
IoT Solutions(907)(2,083)(2,709)(4,712)
Total operating income (loss)$9,974 $4,018 $21,337 $7,242 
Depreciation and Amortization
IoT Products & Services$3,471 $3,181 $10,633 $9,390 
IoT Solutions5,276 1,964 14,760 5,810 
Total depreciation and amortization$8,747 $5,145 $25,393 $15,200 
Payments to Acquire Property, Plant and Equipment by Segment
Total expended for property, plant and equipment was (in thousands):
Nine months ended June 30,
20222021
IoT Products & Services$1,722 $1,645 
IoT Solutions*2,496 — 
Total expended for property, plant and equipment$4,218 $1,645 
* Excluded from this amount is $1,742 and $1,624 of transfers of inventory to property plant and equipment for subscriber assets for the nine months ended June 30, 2022 and 2021, respectively.
Reconciliation of Assets from Segment to Consolidated
Total assets for each of our segments were (in thousands):
June 30,
2022
September 30,
2021
IoT Products & Services$398,129 $386,934 
IoT Solutions423,995 80,165 
Unallocated*41,515 152,432 
Total assets$863,639 $619,531 
*Unallocated consists of cash and cash equivalents.