REVENUE CONCENTRATION

9 Months Ended

Jun. 30, 2024

11. REVENUE CONCENTRATION

For the three months ended June 30, 2024, the Company derived revenue of $6.7 million from one customer, with such customer accounting for 15% of the Company’s total revenue. For the three months ended June 30, 2023, the Company derived revenue of $7.0 million from one customer, with such customer accounting for 16% of the Company’s total revenue. For the nine months ended June 30, 2024, the Company derived revenue of $22.6 million from one customer, with such customer accounting for 18% of the Company’s total revenue. For the nine months ended June 30, 2023 the Company derived revenue of $35.2 million from two customers, with each such customer accounting for 15% and 11% of the Company’s total revenue, respectively. The corresponding accounts receivable balances of customers from which revenues were in excess of 10% of total revenue were $10.8 million and $7.1 million at June 30, 2024 and 2023, respectively.

From a geographic perspective, approximately 70% and 72% of the Company’s total long-term assets as of June 30, 2024 and September 30, 2023, respectively, are associated with the Company’s international subsidiaries. From a geographic perspective, approximately 18% and 23% of the Company’s total long-term assets excluding goodwill and other intangible assets as of June 30, 2024 and September 30, 2023, respectively, are associated with the Company’s international subsidiaries.

The United States was the only country that accounted for more than 10% of the Company’s revenue in each of the three months ended June 30, 2024 and June 30, 2023. The United States and the United Kingdom were the only countries that accounted for more than 10% of the Company’s revenue in the nine months ended June 30, 2024. The United States was the only country that accounted for more than 10% of the Company’s revenue in the nine months ended June 30, 2023. Revenue for the three and nine months ended June 30, 2024 and 2023 were as follows (amounts in thousands):


	Three Months Ended June 30,				Nine Months Ended June 30,
	2024		2023		2024		2023
United States	$	35,902	$	32,742	$	102,193	$	107,975
United Kingdom	*		*		12,587		*
All other countries	9,074		10,328		14,081		26,921
Total revenue	$	44,976	$	43,070	$	128,861	$	134,896

*Revenues from the United Kingdom were not greater than 10% of the Company’s total revenue for this period.