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Segment Information
6 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segment Information

13. Segment Information

Segment revenue, operating loss, and depreciation and amortization were as follows:

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

(In thousands)

2023

 

 

2022

 

 

2023

 

 

2022

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

Medical Device

$

19,707

 

 

$

18,453

 

 

$

38,725

 

 

$

35,361

 

In Vitro Diagnostics

 

7,491

 

 

 

7,653

 

 

 

13,406

 

 

 

13,748

 

Total revenue

$

27,198

 

 

$

26,106

 

 

$

52,131

 

 

$

49,109

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating (loss) income:

 

 

 

 

 

 

 

 

 

 

 

Medical Device

$

(7,059

)

 

$

(5,612

)

 

$

(14,294

)

 

$

(9,404

)

In Vitro Diagnostics

 

3,636

 

 

 

3,720

 

 

 

6,584

 

 

 

6,875

 

Total segment operating (loss) income

 

(3,423

)

 

 

(1,892

)

 

 

(7,710

)

 

 

(2,529

)

Corporate

 

(3,160

)

 

 

(3,008

)

 

 

(6,102

)

 

 

(5,812

)

Total operating (loss) income

$

(6,583

)

 

$

(4,900

)

 

$

(13,812

)

 

$

(8,341

)

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

Medical Device

$

1,933

 

 

$

2,133

 

 

$

3,886

 

 

$

4,327

 

In Vitro Diagnostics

 

75

 

 

 

86

 

 

 

152

 

 

 

172

 

Corporate

 

84

 

 

 

101

 

 

 

176

 

 

 

197

 

Total depreciation and amortization

$

2,092

 

 

$

2,320

 

 

$

4,214

 

 

$

4,696

 

The Corporate category includes expenses that are not fully allocated to the Medical Device and In Vitro Diagnostics segments. These Corporate costs are related to administrative corporate functions, such as executive management, corporate accounting, information technology, legal, human resources and Board of Directors. Corporate may also include expenses, such as acquisition-related costs and litigation, which are not specific to a segment and thus not allocated to the reportable segments.

Asset information by segment is not presented because the Company does not provide its chief operating decision maker assets by segment, as the data is not readily available.