Note 18 - Segment Information

12 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

18. 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:

	Years ended September 30,
	2022			2021
Revenue from external customers
Hardware	$	50,938		$	44,233
Software		3,097			2,770
	$	54,035		$	47,003
Intersegment revenues
Hardware	$	-		$	-
Software		3,287			1,823
	$	3,287		$	1,823
Segment operating income (loss)
Hardware	$	9,260		$	7,871
Software		(24,791	)		(6,787	)
	$	(15,531	)	$	1,084
Other expenses:
Depreciation and amortization expense
Hardware	$	380		$	375
Software		2,176			1,222
	$	2,556		$	1,597
Goodwill Impairment
Hardware	$	-		$	-
Software		13,162			-
	$	13,162		$	-
Income tax expense (benefit)
Hardware	$	1,065		$	906
Software		(324	)		(472	)
	$	741		$	434

	September 30,
	2022		2021
Long-lived assets
Hardware	$	1,677	$	1,748
Software		10,585		12,811
	$	12,262	$	14,559
Total assets
Hardware	$	47,237	$	50,364
Software		24,617		39,764
	$	71,854	$	90,128