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Segment Information
12 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Information

(15) Segment Information

 

The Company currently has two reportable business units: 1st Detect Corporation and AgLAB Inc. In prior periods, the Company’s reportable business units were 1st Detect Corporation and Astral Images Corporation.

 

1st Detect Corporation

 

1st Detect is a manufacturer of explosives and narcotics trace detectors developed for use at airports, secured facilities, and borders worldwide.


AgLAB Inc.

 

AgLAB is developing a series of mass spectrometers for use in the agriculture market for process control and the detection of trace amounts of solvents and pesticides.

 

Astral Images Corporation

 

Astral Images is a developer of advanced film restoration and enhancement software.

All intercompany transactions between business units have been eliminated in consolidation.

Key financial metrics of the Company’s segments for the years ended June 30, 2020 and 2019 are as follows:

 

 

 

Year Ended June 30, 2020

 

(In thousands)

 

Revenue

 

 

Depreciation

 

 

Loss Before

Income Taxes

 

1st Detect

 

$

488

 

 

$

189

 

 

$

(6,858

)

AgLAB

 

 

 

 

 

 

 

 

(1,453

)

Total

 

$

488

 

 

$

189

 

 

$

(8,311

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended June 30, 2019

 

(In thousands)

 

Revenue

 

 

Depreciation

 

 

Loss Before

Income Taxes

 

1st Detect

 

$

87

 

 

$

233

 

 

$

(7,526

)

Astral Images

 

 

40

 

 

 

29

 

 

 

(866

)

Total

 

$

127

 

 

$

262

 

 

$

(8,392

)

 

 

 

June 30, 2020

 

(In thousands)

 

Fixed

Assets, Net

 

 

Total Capital

Expenditures

 

 

Total Assets

 

1st Detect

 

$

99

 

 

$

 

 

$

5,930

 

AgLAB

 

 

 

 

 

 

 

 

 

Total

 

$

99

 

 

$

 

 

$

5,930

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019

 

(In thousands)

 

Fixed

Assets, Net

 

 

Total Capital

Expenditures

 

 

Total Assets

 

1st Detect

 

$

452

 

 

$

 

 

$

3,668

 

Astral Images

 

 

17

 

 

 

 

 

 

24

 

Total

 

$

469

 

 

$

 

 

$

3,692