v3.26.1
Segment Information (Tables)
9 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

Technology Solutions Segment

High

Performance

Products

United

Consolidated

Three months ended June 30, 

  ​ ​ ​

Segment

  ​ ​ ​

Kingdom

  ​ ​ ​

U.S.

  ​ ​ ​

Total

  ​ ​ ​

Total

(Amounts in thousands)

2026

Sales:

Product

$

148

$

14

$

9,781

$

9,795

$

9,943

Service

 

275

 

14

 

4,166

 

4,180

 

4,455

Total sales

423

28

13,947

13,975

14,398

Cost of sales:

Product

40

14

7,836

7,850

7,890

Services

 

167

 

 

2,008

 

2,008

 

2,175

Total cost of sales

207

14

9,844

9,858

10,065

Gross profit

216

14

4,103

4,117

4,333

Research and development

832

832

Selling, general and administrative

1,062

313

3,668

3,981

5,043

Total operating expenses

1,894

313

3,668

3,981

5,875

Operating (loss) income

$

(1,678)

$

(299)

$

435

$

136

$

(1,542)

Interest expense

$

(4)

$

$

(178)

$

(178)

$

(182)

Interest income

$

2

$

33

$

489

$

522

$

524

Depreciation and amortization

$

(3)

$

$

(33)

$

(33)

$

(36)

Cash and cash equivalents

$

124

$

5,069

$

19,473

$

24,542

$

24,666

Accounts receivable, net of allowance

$

120

$

72

$

11,164

$

11,236

$

11,356

Financing receivables, net of allowance

$

$

$

16,543

$

16,543

$

16,543

Total assets

$

12,236

$

5,234

$

53,311

$

58,545

$

70,781

Capital expenditures

$

$

$

$

$

2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Sales:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Product

$

12

$

50

$

10,088

$

10,138

$

10,150

Service

 

372

 

111

 

4,815

 

4,926

 

5,298

Total sales

384

161

14,903

15,064

15,448

Cost of sales:

Product

44

48

8,461

8,509

8,553

Services

 

216

 

21

 

2,205

 

2,226

 

2,442

Total cost of sales

260

69

10,666

10,735

10,995

Gross profit

124

92

4,237

4,329

4,453

Research and development

791

791

Selling, general and administrative

1,162

164

3,559

3,723

4,885

Total operating expenses

1,953

164

3,559

3,723

5,676

Operating (loss) income

$

(1,829)

$

(72)

$

678

$

606

$

(1,223)

Interest expense

$

(3)

$

$

(102)

$

(102)

$

(105)

Interest income

$

10

$

42

$

388

$

430

$

440

Depreciation and amortization

$

(18)

$

$

(47)

$

(47)

$

(65)

Cash and cash equivalents

$

48

$

3,881

$

22,379

$

26,260

$

26,308

Accounts receivable, net of allowance

$

177

$

1,043

$

12,233

$

13,276

$

13,453

Financing receivables, net of allowance

$

$

$

6,938

$

6,938

$

6,938

Total assets

$

11,488

$

8,302

$

46,994

$

55,296

$

66,784

Capital expenditures

$

(10)

$

$

(56)

$

(56)

$

(66)

Technology Solutions Segment

High

Performance

Products

United

Consolidated

Nine months ended June 30, 

  ​ ​ ​

Segment

  ​ ​ ​

Kingdom

  ​ ​ ​

U.S.

  ​ ​ ​

Total

  ​ ​ ​

Total

(Amounts in thousands)

2026

Sales:

Product

$

421

$

83

$

27,253

$

27,336

$

27,757

Service

 

1,203

 

55

 

13,431

 

13,486

 

14,689

Total sales

1,624

138

40,684

40,822

42,446

Cost of sales:

Product

56

65

22,449

22,514

22,570

Services

 

560

 

 

5,776

 

5,776

 

6,336

Total cost of sales

616

65

28,225

28,290

28,906

Gross profit

1,008

73

12,459

12,532

13,540

Research and development

2,508

2,508

Selling, general and administrative

3,139

513

9,885

10,398

13,537

Total operating expenses

5,647

513

9,885

10,398

16,045

Operating (loss) income

$

(4,639)

$

(440)

$

2,574

$

2,134

$

(2,505)

Interest expense

$

(11)

$

$

(466)

$

(466)

$

(477)

Interest income

$

3

$

101

$

1,548

$

1,649

$

1,652

Depreciation and amortization

$

(39)

$

$

(127)

$

(127)

$

(166)

Cash and cash equivalents

$

124

$

5,069

$

19,473

$

24,542

$

24,666

Accounts receivable, net of allowance

$

120

$

72

$

11,164

$

11,236

$

11,356

Financing receivables, net of allowance

$

$

$

16,543

$

16,543

$

16,543

Total assets

$

12,236

$

5,234

$

53,311

$

58,545

$

70,781

Capital expenditures

$

(3)

$

$

(116)

$

(116)

$

(119)

2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Sales:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Product

$

367

$

600

$

28,750

$

29,350

$

29,717

Service

 

1,094

 

220

 

13,234

 

13,454

 

14,548

Total sales

1,461

820

41,984

42,804

44,265

Cost of sales:

Product

167

552

23,832

24,384

24,551

Services

 

584

70

5,836

 

5,906

 

6,490

Total cost of sales

751

622

29,668

30,290

31,041

Gross profit

710

198

12,316

12,514

13,224

Research and development

2,340

2,340

Selling, general and administrative

3,439

385

9,631

10,016

13,455

Total operating expenses

5,779

385

9,631

10,016

15,795

Operating (loss) income

$

(5,069)

$

(187)

$

2,685

$

2,498

$

(2,571)

Interest expense

$

(8)

$

$

(251)

$

(251)

$

(259)

Interest income

$

12

$

134

$

1,197

$

1,331

$

1,343

Depreciation and amortization

$

(56)

$

$

(131)

$

(131)

$

(187)

Cash and cash equivalents

$

48

3,881

22,379

$

26,260

$

26,308

Accounts receivable, net of allowance

$

177

1,043

12,233

$

13,276

$

13,453

Financing receivables, net of allowance

$

6,938

$

6,938

$

6,938

Total assets

$

11,488

$

8,302

$

46,994

$

55,296

$

66,784

Capital expenditures

$

(13)

$

$

(107)

$

(107)

$

(120)

Schedule of concentration risk

All customers below are in the U.S. division of our TS segment. Each customer’s letter (e.g. “Customer E”) does not change meaning if Customer E is in multiple tables, it is the same customer.

Below are customers with 10% or more of accounts receivable as of June 30, 2026 or September 30, 2025.

As of June 30, 2026

As of September 30, 2025

(Amounts in millions)

% of Total

% of Total

Accounts receivable

  ​ ​ ​

Accounts receivable

Accounts receivable

  ​ ​ ​

Accounts receivable

Customer A

$

1.1

10

%

$

-

%

Below are customers with 10% or more of financing receivables as of June 30, 2026 or September 30, 2025.

As of June 30, 2026

As of September 30, 2025

(Amounts in millions)

% of Total

% of Total

Financing Receivables

  ​ ​ ​

Financing Receivables

Financing Receivables

  ​ ​ ​

Financing Receivables

Customer E

$

2.4

15

%

$

0.8

5

%

Customer B

$

2.9

18

%

$

5.9

40

%

Customer C

$

2.2

13

%

$

0.2

1

%

Customer D

$

2.5

15

%

$

2.8

19

%

Customer G

$

0.9

5

%

$

1.6

11

%

The following table lists customers from which the Company derived revenues of 10% or more of total revenues for the three and nine months ended June 30, 2026 and 2025.

Three months ended June 30, 

Nine months ended June 30, 

2026

2025

2026

2025

(Amounts in millions)

(Amounts in millions)

Customer

% of Total

Customer

% of Total

Customer

% of Total

Customer

% of Total

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

Revenues

  ​ ​ ​

(Amounts in millions)

Customer E

$

0.8

6

%

$

-

%

$

4.1

10

%

$

-

%

Customer F

$

-

%

$

2.3

15

%

$

-

%

$

3.4

8

%