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Note 9 - Segment Reporting
 6 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
Note
9
– Segment Reporting
 
The Company is reporting its financial performance based on its external reporting segments: Cable Television and Telecommunications. These reportable segments are described below.
 
Cable Television (“Cable TV”)
 
The Company’s Cable TV segment sells new, surplus and re-manufactured cable television equipment throughout North America, Central America, South America and, to a substantially lesser extent, other international regions that utilize the same technology. In addition, this segment also repairs cable television equipment for various cable companies.
 
Telecommunications
(“Telco”)
 
The Company’s Telco segment primarily sells certified used telecommunications networking equipment from a broad range of manufacturers to customers primarily in North America. In addition, this segment is a reseller of new telecommunications equipment from certain manufacturers. Also, this segment offers its customers decommissioning services for surplus and obsolete equipment, which it in turn processes through its recycling services. As a result of the Triton Miami acquisition (see Note
2),
this segment also includes the Company’s newly formed Triton Datacom subsidiary, a provider of new and refurbished enterprise networking products, including IP desktop phones, enterprise switches and wireless routers.
 
The Company evaluates performance and allocates its resources based on operating income. The accounting policies of its reportable segments are the same as those described in the summary of significant accounting policies.
 
 
 
Segment assets consist primarily of cash and cash equivalents, accounts receivable, inventory, property and equipment, goodwill and intangible assets.
 
   
Three Months Ended
    
Six Months Ended
  
   
March 31,
2017
    
March 31,
2016
    
March 31,
2017
    
March 31,
2016
  
Sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cable TV
   $
4,996,965
     $
6,018,891
     $
11,571,790
     $
11,023,888
  
Telco
    
6,363,466
      
4,601,172
      
11,903,442
      
7,918,903
  
Intercompany
    
(65,675
 )    
(32,876
 )    
(84,650
 )    
(105,936
 )
Total sales
   $
11,294,756
     $
10,587,187
     $
23,390,582
     $
18,836,855
  
                                 
Gross profit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cable TV
   $
1,755,059
     $
1,906,675
     $
4,155,401
     $
3,485,946
  
Telco
    
2,009,370
      
1,677,937
      
3,632,657
      
2,864,046
  
Total gross profit
   $
3,764,429
     $
3,584,612
     $
7,788,058
     $
6,349,992
  
                                 
Income (loss) from operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cable TV
   $
262,648
     $
336,279
     $
1,171,631
     $
453,119
  
Telco
    
(175,644
 )    
(8,070
 )    
(657,822
 )    
(28,155
 )
Total income from operations
   $
87,004
     $
328,209
     $
513,809
     $
424,964
  
 
 
   
March 31,
2017
    
September 30,
2016
                  
Segment assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cable TV
   $
24,283,621
     $
25,201,697
                  
Telco
    
24,075,143
      
15,122,911
                  
Non-allocated
    
7,012,686
      
9,943,551
                  
Total assets
   $
55,371,450
     $
50,268,159