Segment Information

3 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Segment Information

Note 14. Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision–making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker is its Chief Executive Officer. The Company operates in two segments, Foundry Fabrication Services, which consists of engineering review services and STC-MEMS foundry services, and RF Product, which consists of amplifier and filter product sales, and grant revenue. The Company records all general and administrative costs in the RF Product segment.

The Company evaluates performance of its operating segments based on revenue and operating profit (loss). Segment information for the three months ended September 30, 2021 and 2020 are as follows (in thousands):

	Foundry Fabrication Services			RF Product			Total
Three months ended September 30, 2021
Revenue with customers	$	413		$	1,455		$	1,868
Cost of revenue		570			2,332			2,902
Gross margin		(157	)		(877	)		(1,034	)
Research and development		—			7,974			7,974
General and administrative		—			3,876			3,876
Income (Loss) from Operations	$	(157	)		(12,727	)		(12,884	)
Three months ended September 30, 2020
Revenue with customers	$	57		$	579		$	636
Cost of revenue		53			1,596			1,650
Gross margin		4			(1,018	)		(1,013	)
Research and development		—			6,380			6,380
General and administrative		—			2,927			2,927
Income (Loss) from Operations	$	4			(10,324	)		(10,320	)
As of September 30, 2021
Accounts receivable	$	242		$	1,110		$	1,352
Property and equipment, net		—		$	36,911		$	36,911
As of June 30, 2021
Accounts receivable	$	242		$	928		$	1,170
Property and equipment, net	$	—		$	30,730		$	30,730