Reportable Segments

12 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Reportable Segments

16. Reportable Segments

Amtech has two operating segments that are structured around the types of product offerings provided to our customers. In addition, the operating segments may be further distinguished by the Company’s respective brands. These two operating segments comprise our two reportable segments discussed below. Our two reportable segments are as follows:

Semiconductor – We design, manufacture, sell and service thermal processing equipment and related controls for use by leading semiconductor manufacturers, and in electronics, automotive and other industries.

Material and Substrate – We produce consumables and machinery for lapping (fine abrading), polishing and cleaning of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.

Information concerning our reportable segments is as follows, in thousands:

	Years Ended September 30,
	2023			2022			2021
Net revenue:
Semiconductor	$	77,595		$	87,982		$	72,086
Material and Substrate		35,720			18,316			13,119
	$	113,315		$	106,298		$	85,205
Operating income (loss):
Semiconductor	$	6,907		$	20,672		$	8,585
Material and Substrate		(8,765	)		3,728			278
Non-segment related		(13,112	)		(7,114	)		(5,138	)
	$	(14,970	)	$	17,286		$	3,725

	Years Ended September 30,
	2023		2022		2021
Capital expenditures:
Semiconductor	$	345	$	452	$	2,264
Material and Substrate		1,092		411		695
Non-segment related		1,461		272		53
	$	2,898	$	1,135	$	3,012
Depreciation and amortization expense:
Semiconductor	$	886	$	1,101	$	905
Material and Substrate		4,045		565		438
Non-segment related		81		63		55
	$	5,012	$	1,729	$	1,398

	September 30,
	2023		2022
Identifiable assets:
Semiconductor	$	72,466	$	75,622
Material and Substrate		61,576		22,032
Non-segment related*		2,979		35,880
	$	137,021	$	133,534

* Non-segment related assets include cash, property and other assets.