Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Segment Reporting Information, by Segment

The Company evaluates performance and allocates its resources based on operating income. The accounting policies of its reportable segments are the same as those described in the summary of significant accounting policies. Segment assets consist primarily of cash and cash equivalents, accounts receivable, inventory, property and equipment, goodwill and intangible assets. The Company allocates its corporate general and administrative expenses to the reportable segments.


(in thousands)	Year Ended		Three Months Ended		Year Ended
	December 31,		December 31,		September 30,
	2022		2021		2021
Sales
Wireless	$	30,813	$	7,119	$	20,708
Telco	66,220		11,571		41,553
Intersegment	(5)		—		(101)
Total sales	$	97,028	$	18,690	$	62,160

Gross profit
Wireless	$	8,611	$	1,507	$	6,277
Telco	19,178		3,124		9,850
Total gross profit	$	27,789	$	4,631	$	16,127

Income (loss) from operations
Wireless	$	(4,792)	$	(2,326)	$	(6,864)
Telco	6,269		424		(2,433)
Total operating income ( loss)	$	1,477	$	(1,902)	$	(9,297)

(in thousands)	December 31,		December 31,		September 30,
	2022		2021		2021
Segment assets
Wireless	$	9,790	$	7,640	$	7,867
Telco	13,217		14,545		14,472
Non-allocated	4,211		3,241		4,973
Total assets	$	27,218	$	25,426	$	27,312