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Segment Information and Major Customers (Tables)
12 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Summary operating results for each of our segments were as follows (in thousands):
Year ended September 30,
202220212020
Revenue
IoT Products & Services$297,645 $264,173 $249,530 
IoT Solutions90,580 44,459 29,741 
Total revenue$388,225 $308,632 $279,271 
Gross Profit
IoT Products & Services$160,117 $144,472 $129,349 
IoT Solutions56,169 22,185 14,623 
Total gross profit$216,286 $166,657 $143,972 
Operating Income (loss)
IoT Products & Services$41,562 $18,212 $27,216 
IoT Solutions(3,342)(7,684)(15,899)
Total operating income$38,220 $10,528 $11,317 
Depreciation and Amortization
IoT Products & Services$13,974 $13,109 $11,521 
IoT Solutions19,865 7,768 7,778 
Total depreciation and amortization$33,839 $20,877 $19,299 
Payments to Acquire Property, Plant and Equipment by Segment
Total expended for property, plant and equipment was as follows (in thousands):
Year ended September 30,
202220212020
IoT Products & Services$1,952 $2,257 $878 
IoT Solutions*22 — 21 
Total expended for property, plant and equipment$1,974 $2,257 $899 
* Excluded from this amount is $6.2 million, $1.8 million and $1.4 million of transfers of inventory to property plant and equipment for subscriber assets for the year ended September 30, 2022, 2021 and 2020, respectively.
Schedule of Total Assets by Segment
Total assets for each of our segments were as follows (in thousands):
As of September 30,
20222021
IoT Products & Services$390,128 $386,934 
IoT Solutions428,867 80,165 
Unallocated*34,900 152,432 
Total assets$853,895 $619,531 
*Unallocated consists of cash and cash equivalents.
Schedule of Net Property, Equipment and Improvements by Geographical Location
Net property, equipment and improvements by geographic location were as follows (in thousands):
As of September 30,
20222021
United States$27,205 $11,941 
International, primarily Europe389 191 
Total net property, equipment and improvements$27,594 $12,132