Note 19 - Segment Information

3 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

1

9

.

SEGMENT INFORMATION

The Company is engaged in the design, development and commercialization of directed and multidirectional sound technologies, voice broadcast products and location-based mass messaging solutions for emergency warning and workforce management. The Company operates in

two

business segments: Hardware and Software and its principle markets are North and South America, Europe, the Middle East and Asia. As reviewed by the Company's chief operating decision maker, the Company evaluates the performance of each segment based on sales and operating income. Cash and cash equivalents, marketable securities, accounts receivable, inventory, property and equipment, deferred tax assets, goodwill and intangible assets are primary assets identified by segment. The accounting policies for segment reporting are the same for the Company as a whole and transactions between the

two

operating segments are

not

material.

The following table presents the Company's segment disclosures:

For the

three

months ended

December 31, 2020:

	Revenue from External Customers		Intersegment Revenues		Operating Income			Depreciation and amortization expense		Income Tax Benefit
Hardware	$	7,389			$	160		$	90	$	(5	)
Software		639		351		(853	)		191
	$	8,028	$	351	$	(693	)	$	281	$	(5	)

As of

December 31, 2020:

	Long-lived assets		Total Assets
Hardware	$	1,863	$	56,021
Software		12,265		14,582
	$	14,128	$	70,603

For the

three

months ended

December 31, 2019:

	Revenue from External Customers		Intersegment Revenues		Operating Income			Depreciation and amortization expense		Income Tax Expense
Hardware	$	8,362	$	-	$	861		$	131	$	172
Software		420		385		(165	)		78		-
	$	8,782	$	385	$	696		$	209	$	172

As of

September 30, 2020:

	Long-lived assets		Total Assets
Hardware	$	1,924	$	61,152
Software		3,421		5,015
	$	5,345	$	66,167