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Segment Information
6 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information

12. Segment Information

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

March 31,

 

 

March 31,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical Device

 

$

18,453

 

 

$

27,907

 

 

$

35,361

 

 

$

44,103

 

In Vitro Diagnostics

 

 

7,653

 

 

 

7,088

 

 

 

13,748

 

 

 

13,189

 

Total revenue

 

$

26,106

 

 

$

34,995

 

 

$

49,109

 

 

$

57,292

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating (loss) income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical Device

 

$

(5,612

)

 

$

8,564

 

 

$

(9,404

)

 

$

7,971

 

In Vitro Diagnostics

 

 

3,720

 

 

 

3,809

 

 

 

6,875

 

 

 

7,029

 

Total segment operating (loss) income

 

 

(1,892

)

 

 

12,373

 

 

 

(2,529

)

 

 

15,000

 

Corporate

 

 

(3,008

)

 

 

(2,890

)

 

 

(5,812

)

 

 

(5,424

)

Total operating (loss) income

 

$

(4,900

)

 

$

9,483

 

 

$

(8,341

)

 

$

9,576

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical Device

 

$

2,133

 

 

$

1,721

 

 

$

4,327

 

 

$

3,373

 

In Vitro Diagnostics

 

 

86

 

 

 

88

 

 

 

172

 

 

 

193

 

Corporate

 

 

101

 

 

 

97

 

 

 

197

 

 

 

200

 

Total depreciation and amortization

 

$

2,320

 

 

$

1,906

 

 

$

4,696

 

 

$

3,766

 

 

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.