Note 19 - Major Customers, Suppliers and Related Information

6 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

19. MAJOR CUSTOMERS, SUPPLIERS AND RELATED INFORMATION

For the three months ended March 31, 2024, revenues from one customer accounted for 19% of total revenues with no other single customer accounting for more than 10% of revenues. For the six months ended March 31, 2024, revenues from one customer accounted for 11% of total revenues with no other single customer accounting for more than 10% of revenues. As of March 31, 2024, accounts receivable from two customers accounted for 30% and 12% of total accounts receivable, with no other single customer accounting for more than 10% of the accounts receivable balance.

For the three months ended March 31, 2023, revenues from two customers accounted for 54% and 12% of total revenues with no other single customer accounting for more than 10% of revenues. For the six months ended March 31, 2023, revenues from one customer accounted for 57% of total revenues with no other single customer accounting for more than 10% of revenues. As of March 31, 2023, accounts receivable from two customers accounted for 26% and 23% of total accounts receivable, with no other single customer accounting for more than 10% of the accounts receivable balance.

Revenue from customers in the United States was $2,600 and $8,411 for the three months ended March 31, 2024 and 2023, respectively. Revenue from customers in the United States was $6,224 and $17,349 for the six months ended March 31, 2024 and 2023, respectively. The following table summarizes revenues by geographic region. Revenues are attributed to countries based on customer’s delivery location. The following table summarizes revenues by geographic region.

	Three months ended March 31,				Six months ended March 31,
	2024		2023		2024		2023
Americas	$	2,950	$	10,019	$	6,617	$	19,182
Asia Pacific		502		545		821		1,304
Europe, Middle East and Africa		2,287		649		2,662		1,214
Total Revenues	$	5,739	$	11,213	$	10,100	$	21,700

The following table summarizes long-lived assets by geographic region.

	March 31,		September 30,
	2024		2023
United States	$	10,963	$	9,624
Americas (excluding the United States)		4		7
Europe, Middle East and Africa		259		347
Total long lived assets	$	11,226	$	9,978