Annual report pursuant to Section 13 and 15(d)

Summary of Operations and Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Operations and Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Product Warranty Liability

The following is a summary of activity in accrued warranty expense at our continuing operations, in thousands:

 

 

 

Years Ended September 30,

 

 

 

2022

 

 

2021

 

 

2020

 

Beginning balance

 

$

545

 

 

$

380

 

 

$

556

 

Additions for warranties issued during the period

 

 

821

 

 

 

250

 

 

 

393

 

Reductions in the liability for payments made under
   the warranty

 

 

(36

)

 

 

(9

)

 

 

(433

)

Changes related to pre-existing warranties

 

 

(459

)

 

 

(76

)

 

 

(121

)

Currency translation adjustment

 

 

 

 

 

 

 

 

(15

)

Ending balance

 

$

871

 

 

$

545

 

 

$

380

 

Summary of Research, Development and Engineering Expense The following is a summary of our research, development and engineering expense, thousands:

 

 

 

Years Ended September 30,

 

 

 

2022

 

 

2021

 

 

2020

 

Research, development and engineering

 

$

6,390

 

 

$

5,979

 

 

$

3,689

 

Grants earned

 

 

 

 

 

 

 

 

(377

)

Net research, development and engineering

 

$

6,390

 

 

$

5,979

 

 

$

3,312