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Revenue (Tables)
12 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue Within Reportable Segment

The following is a disaggregation of revenue within each reportable segment:

 

 

Fiscal Year

 

(In thousands)

2023

 

 

2022

 

 

2021

 

Medical Device

 

 

 

 

 

 

 

 

Product sales

$

34,126

 

 

$

27,930

 

 

$

21,777

 

Royalties & license fees – performance coatings

 

32,812

 

 

 

30,547

 

 

 

31,007

 

License fees – SurVeil DCB

 

29,586

 

 

 

5,701

 

 

 

16,049

 

Research, development and other

 

9,259

 

 

 

8,211

 

 

 

9,420

 

Medical Device revenue

 

105,783

 

 

 

72,389

 

 

 

78,253

 

In Vitro Diagnostics

 

 

 

 

 

 

 

 

Product sales

 

26,488

 

 

 

26,691

 

 

 

24,701

 

Research, development and other

 

313

 

 

 

871

 

 

 

2,182

 

In Vitro Diagnostics revenue

 

26,801

 

 

 

27,562

 

 

 

26,883

 

Total Revenue

$

132,584

 

 

$

99,951

 

 

$

105,136

 

Revenue from Customers

Revenue from customers that equaled or exceeded 10% of total revenue was as follows:

 

Fiscal Year

 

 

2023

 

 

2022

 

 

2021

 

Abbott

 

27

%

 

 

11

%

 

 

21

%

Medtronic

 

10

%

 

 

13

%

 

 

13

%

Revenue by Geographic Region

Revenue by geographic region was as follows:

 

Fiscal Year

 

 

2023

 

 

2022

 

 

2021

 

Domestic

 

82

%

 

 

74

%

 

 

79

%

Foreign

 

18

%

 

 

26

%

 

 

21

%