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Segment Information
3 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information

12. Segment Information

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

 

 

Three Months Ended December 31,

 

(In thousands)

2023

 

 

2022

 

Revenue:

 

 

 

 

 

Medical Device

$

23,545

 

 

$

19,018

 

In Vitro Diagnostics

 

7,007

 

 

 

5,915

 

Total revenue

$

30,552

 

 

$

24,933

 

 

 

 

 

 

 

Operating loss:

 

 

 

 

 

Medical Device

$

(224

)

 

$

(7,235

)

In Vitro Diagnostics

 

3,124

 

 

 

2,948

 

Total segment operating income (loss)

 

2,900

 

 

 

(4,287

)

Corporate

 

(3,222

)

 

 

(2,942

)

Total operating loss

$

(322

)

 

$

(7,229

)

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

Medical Device

$

2,054

 

 

$

1,953

 

In Vitro Diagnostics

 

97

 

 

 

77

 

Corporate

 

182

 

 

 

92

 

Total depreciation and amortization

$

2,333

 

 

$

2,122

 

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.