| Schedule of Segment Reporting Information by Segment |
The following table presents the Company’s segment disclosures for three and nine months ended June 30, 2026:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
June 30, 2026 |
|
|
June 30, 2026 |
|
|
|
Hardware |
|
|
Software |
|
|
Hardware |
|
|
Software |
|
Revenues |
|
$ |
4,627 |
|
|
$ |
2,668 |
|
|
$ |
32,541 |
|
|
$ |
7,324 |
|
Cost of revenues |
|
|
2,080 |
|
|
|
1,050 |
|
|
|
15,036 |
|
|
|
2,662 |
|
Gross profit |
|
|
2,547 |
|
|
|
1,618 |
|
|
|
17,505 |
|
|
|
4,662 |
|
Gross margin |
|
|
55 |
% |
|
|
61 |
% |
|
|
54 |
% |
|
|
64 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
|
|
3,406 |
|
|
|
2,721 |
|
|
|
10,909 |
|
|
|
8,064 |
|
Research and development |
|
|
988 |
|
|
|
1,086 |
|
|
|
3,030 |
|
|
|
3,270 |
|
Total operating expenses |
|
|
4,394 |
|
|
|
3,807 |
|
|
|
13,939 |
|
|
|
11,334 |
|
(Loss) income from operations |
|
|
(1,847 |
) |
|
|
(2,189 |
) |
|
|
3,566 |
|
|
|
(6,672 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expense |
|
|
97 |
|
|
|
567 |
|
|
|
282 |
|
|
|
1,753 |
|
Stock-based compensation |
|
|
201 |
|
|
|
68 |
|
|
|
1,023 |
|
|
|
216 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) income before income taxes |
|
|
(2,478 |
) |
|
|
(2,140 |
) |
|
|
2,124 |
|
|
|
(6,566 |
) |
Income tax expense |
|
|
59 |
|
|
|
— |
|
|
|
329 |
|
|
|
— |
|
Net (loss) income |
|
$ |
(2,537 |
) |
|
$ |
(2,140 |
) |
|
$ |
1,795 |
|
|
$ |
(6,566 |
) |
The following table presents the Company’s segment disclosures for three and nine months ended June 30, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
June 30, 2025 |
|
|
June 30, 2025 |
|
|
|
Hardware |
|
|
Software |
|
|
Hardware |
|
|
Software |
|
Revenues |
|
$ |
7,656 |
|
|
$ |
2,201 |
|
|
$ |
16,966 |
|
|
$ |
6,763 |
|
Cost of revenues |
|
|
6,294 |
|
|
|
966 |
|
|
|
12,615 |
|
|
|
2,729 |
|
Gross profit |
|
|
1,362 |
|
|
|
1,235 |
|
|
|
4,351 |
|
|
|
4,034 |
|
Gross margin |
|
|
18 |
% |
|
|
56 |
% |
|
|
26 |
% |
|
|
60 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
|
|
3,178 |
|
|
|
3,244 |
|
|
|
10,825 |
|
|
|
9,079 |
|
Research and development |
|
|
773 |
|
|
|
1,327 |
|
|
|
2,478 |
|
|
|
4,124 |
|
Total operating expenses |
|
|
3,951 |
|
|
|
4,571 |
|
|
|
13,303 |
|
|
|
13,203 |
|
Loss from operations |
|
|
(2,589 |
) |
|
|
(3,336 |
) |
|
|
(8,952 |
) |
|
|
(9,169 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expense |
|
|
86 |
|
|
|
599 |
|
|
|
271 |
|
|
|
1,843 |
|
Share-based compensation |
|
|
355 |
|
|
|
104 |
|
|
|
978 |
|
|
|
286 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss before income taxes |
|
|
(3,159 |
) |
|
|
(3,320 |
) |
|
|
(7,499 |
) |
|
|
(9,126 |
) |
Income tax expense (benefit) |
|
|
10 |
|
|
|
(2 |
) |
|
|
81 |
|
|
|
(2 |
) |
Net loss |
|
$ |
(3,169 |
) |
|
$ |
(3,318 |
) |
|
$ |
(7,580 |
) |
|
$ |
(9,124 |
) |
The following table presents the Company’s segment assets as of June 30, 2026 and September 30, 2025:
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
September 30, |
|
|
|
2026 |
|
|
2025 |
|
Long-lived assets |
|
|
|
|
|
|
Hardware |
|
$ |
805 |
|
|
$ |
1,046 |
|
Software |
|
|
4,472 |
|
|
|
6,226 |
|
|
|
$ |
5,277 |
|
|
$ |
7,272 |
|
|
|
|
|
|
|
|
Total assets |
|
|
|
|
|
|
Hardware |
|
$ |
39,008 |
|
|
$ |
40,908 |
|
Software |
|
|
19,244 |
|
|
|
22,961 |
|
|
|
$ |
58,252 |
|
|
$ |
63,869 |
|
|