Note 18 - Segment Information

3 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

18. 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 software for emergency warning and evacuation management. 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.

The following table presents the Company’s segment disclosures:

	Three months ended
	December 31,
	2023			2022
Revenue from external customers
Hardware	$	2,946		$	9,584
Software		1,415			903
	$	4,361		$	10,487
Intersegment revenues
Hardware	$	-		$	-
Software		1,488			1,222
	$	1,488		$	1,222
Segment operating loss
Hardware	$	(3,115	)	$	(28	)
Software		(4,115	)		(3,459	)
	$	(7,230	)	$	(3,487	)
Other expenses:
Depreciation and amortization expense
Hardware	$	96		$	99
Software		633			544
	$	729		$	643
Income tax benefit
Hardware	$	-		$	-
Software		(429	)		-
	$	(429	)	$	-

	December 31,		September 30,
	2023		2023
Long-lived assets
Hardware	$	1,467	$	1,427
Software		10,486		8,551
	$	11,953	$	9,978
Total assets
Hardware	$	31,341	$	28,878
Software		25,297		21,027
	$	56,638	$	49,905