XML 25 R14.htm IDEA: XBRL DOCUMENT

Revenue

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

NOTE 7—REVENUE

The following table disaggregates the Company’s revenue for the six- and three-month periods ended June 30, 2019 and 2018:

		HW				Monitoring				Total
Six months ended June 30, 2019:
PG Segment		$	601			$	1,452			$	2,053
CP Segment			533				118				651
Total Revenue		$	1,134			$	1,570			$	2,704

		HW				Monitoring				Total
Six months ended June 30, 2018:
PG Segment		$	568			$	1,199			$	1,767
CP Segment			572				100				672
Total Revenue		$	1,140			$	1,299			$	2,439

		HW				Monitoring				Total
Three months ended June 30, 2019:
PG Segment		$	311			$	746			$	1,057
CP Segment			262				58				320
Total Revenue		$	573			$	804			$	1,377

		HW				Monitoring				Total
Three months ended June 30, 2018:
PG Segment		$	275			$	606			$	881
CP Segment			298				51				349
Total Revenue		$	573			$	657			$	1,230

Deferred revenue activity for the six months ended June 30, 2019 can be seen in the table below:

		HW				Monitoring				Total
Balance at December 31, 2018		$	2,432			$	1,629			$	4,061
Additions during the period			928				1,636				2,564
Recognized as revenue			(919	)			(1,570	)			(2,489	)
Balance at June 30, 2019		$	2,441			$	1,695			$	4,136

Amounts to be recognized as revenue in the year ending:
June 30, 2020		$	1,202			$	1,489			$	2,691
June 30, 2021			933				201				1,134
June 30, 2022 and thereafter			306				5				311
		$	2,441			$	1,695			$	4,136

Other revenue of approximately $215 is related to accessories, repairs, and other miscellaneous charges that are recognized to revenue when sold and are not deferred.

Deferred charges relate only to the sale of equipment. Deferred charges activity for the six months ended June 30, 2019 can be seen in the table below:

Balance at December 31, 2018		$	1,438
Additions during the period			469
Recognized as cost of sales			(542	)
Balance at June 30, 2019		$	1,365

Amounts to be recognized as cost of sales in the year ending:
June 30, 2020		$	680
June 30, 2021			524	*
June 30, 2022 and thereafter			161	*
		$	1,365

* Amounts included in other assets in the Company’s unaudited condensed consolidated balance sheets at June 30, 2019.

The following table provides a reconciliation of the Company’s sales commissions contract assets for the six-month period ended June 30, 2019:

		HW				Monitoring				Total
Balance at December 31, 2018		$	107			$	36			$	143
Additions during the period			38				11				49
Amortization of sales commissions			(42	)			(8	)			(50	)
Balance at June 30, 2019		$	103			$	39			$	142

The capitalized sales commissions are included in other current assets ($68) and other assets ($74) in the Company’s unaudited condensed consolidated balance sheets at June 30, 2019. The capitalized sales commissions are included in Other Current Assets ($76) and Other Assets ($67) in the Company’s consolidated balance sheets at December 31, 2018.