Note 19 - Segment Information

12 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

19. SEGMENT INFORMATION

The Company is engaged in the design, development and commercialization of critical communications hardware and software solutions designed to alert, inform, and protect. The Company operates in two business segments: Hardware and Software and its principal 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:

	Year ended September 30,
	2021			2020
Revenue from external customers
Hardware	$	44,233		$	41,395
Software		2,770			1,615
	$	47,003		$	43,010
Intersegment revenues
Hardware	$	-		$	-
Software		1,823			1,692
	$	1,823		$	1,692
Segment operating income (loss)
Hardware	$	7,871		$	8,771
Software		(6,787	)		(2,730	)
	$	1,084		$	6,041
Other expenses:
Depreciation and amortization expense
Hardware	$	375		$	483
Software		1,222			317
	$	1,597		$	800
Income tax expense (benefit)
Hardware	$	434		$	(5,706	)
Software		-			-
	$	434		$	(5,706	)

	September 30,
	2021		2020
Long-lived assets
Hardware	$	1,748	$	1,924
Software		36,645		3,421
	$	38,393	$	5,345
Total assets
Hardware	$	50,364	$	61,152
Software		39,764		5,015
	$	90,128	$	66,167