Discontinued Operations (Tables)

6 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations

	Three months ended March 31,				Six Months Ended March 31,
	2022		2021		2022		2021
Revenue
Products	$	56,722	$	144,136	$	244,962	$	$ 262,290
Services		4,038		12,915		19,468		26,122
Total revenue		60,760		157,051		264,430		288,412
Cost of revenue
Products		33,568		82,727		141,165		151,504
Services		2,850		4,950		11,159		11,741
Total cost of revenue		36,418		87,677		152,324		163,245
Gross profit		24,342		69,374		112,106		125,167
Operating expenses
Research and development		4,746		11,708		18,486		22,702
Selling, general and administrative		7,466		17,841		30,142		31,940
Restructuring charges		-		(1)		-		126
Total operating expenses		12,212		29,548		48,628		54,768
Operating income		12,130		39,826		63,478		70,399
Other income, net				(87)				(1,326)
Gain on divestiture		2,561,420		-		2,561,374		-
Income before income taxes		2,573,550		39,739		2,624,852		69,073
Income tax provision		451,860		8,655		462,700		14,667
Net income from discontinued operations	$	2,121,690	$	31,084	$	2,162,152	$	54,406

	Three months ended March 31,				Six Months Ended March 31,
		2022		2021		2022		2021
Depreciation and amortization	$	-	$	1,677	$	-	$	3,696
Capital expenditures	$	579	$	904	$	2,862	$	2,731
Stock-based compensation	$	3,109	$	4,088	$	8,032	$	5,963

		September 30, 2021
Assets
Cash and cash equivalents	$	45,000
Accounts receivable, net		142,256
Inventories		110,735
Other current assets		13,394
Total current assets of discontinued operation	$	311,385
Property, plant and equipment, net	$	32,058
Long-term deferred tax assets		3,167
Goodwill		81,477
Intangibles, net		44,468
Other assets		22,658
Total long-term assets of discontinued operation	$	183,828
Liabilities
Accounts payable	$	68,074
Deferred revenue		7,141
Accrued warranty and retrofit costs		6,081
Accrued compensation and benefits		18,144
Accrued Income Taxes		11,702
Accrued expenses and other current liabilities		18,014
Total current liabilities of discontinued operation	$	129,156
Long-term tax reserves		2,356
Long-term deferred tax liabilities		6,548
Long-term pension liabilities		5,490
Long-term operating lease liabilities		15,425
Other long-term liabilities		2,625
Total long-term liabilities of discontinued operation	$	32,444