Reportable Segments

3 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Reportable Segments

11. 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:

	Three Months Ended December 31,
	2023			2022
Net Revenues:
Semiconductor	$	17,527		$	16,887
Material and Substrate		7,393			4,671
	$	24,920		$	21,558
Operating income (loss):
Semiconductor	$	1,081		$	869
Material and Substrate		(7,844	)		633
Non-segment related		(2,171	)		(4,182	)
	$	(8,934	)	$	(2,680	)

	December 31, 2023		September 30, 2023
Identifiable Assets:
Semiconductor	$	67,187	$	72,466
Material and Substrate		51,287		61,576
Non-segment related*		6,568		2,979
	$	125,042	$	137,021

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