XML 44 R30.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue (Tables)
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregates of Revenue

The following table disaggregates the Company’s revenue for the years ended December 31, 2020 and 2019 (in thousands):

 

    HW     Monitoring     Total  
Year ended December 31, 2020:                        
PG Segment   $ 1,423     $ 3,565     $ 4,988  
CP Segment     680       254       934  
Total Revenue   $ 2,103     $ 3,819     $ 5,922  

 

    HW     Monitoring     Total  
Year ended December 31, 2019:                        
PG Segment   $ 1,193     $ 3,089     $ 4,282  
CP Segment     970       238       1,208  
Total Revenue   $ 2,163     $ 3,327     $ 5,490  
Schedule of Deferred Revenue Activity

Deferred revenue activity for the year ended December 31, 2020 can be seen in the table below (in thousands):

 

    HW     Monitoring     Total  
Balance at December 31, 2019   $ 2,663     $ 1,832     $ 4,495  
Additions during the period     1,602       3,965       5,567  
Recognized as revenue     (1,689 )     (3,819 )     (5,508 )
Balance at December 31, 2020     2,576       1,978       4,554  
                         
Amounts to be recognized as revenue in the year ending:                        
December 31, 2021     1,471       1,743       3,214  
December 31, 2022     846       226       1,072  
December 31, 2023 and thereafter     259       9       268  
    $ 2,576     $ 1,978     $ 4,554  

 

Deferred revenue activity for the year ended December 31, 2019 can be seen in the table below (in thousands):

 

    HW     Monitoring     Total  
Balance at December 31, 2018   $ 2,432     $ 1,629     $ 4,061  
Additions during the period     2,199       3,529       5,728  
Recognized as revenue     (1,968 )     (3,326 )     (5,294 )
Balance at December 31, 2019   $ 2,663     $ 1,832     $ 4,495  
                         
Amounts to be recognized as revenue in the year ending:                        
December 31, 2020   $ 1,350     $ 1,654     $ 2,732  
December 31, 2021     990       174       975  
December 31, 2022 and thereafter     323       4       354  
    $ 2,663     $ 1,832     $ 4,495  
Schedule of Deferred Charges Activity

Deferred charges relate only to the sale of equipment. Deferred charges activity for the year ended December 31, 2020 can be seen in the table below (in thousands):

 

Balance at December 31, 2019   $ 1,433  
Additions during the period     794  
Recognized as cost of sales     (921 )
Balance at December 31, 2020   $ 1,306  
         
Amounts to be recognized as cost of sales in the year ending:        
December 31, 2021   $ 764  
December 31, 2022     420 *
December 31, 2023 and thereafter     122 *
    $ 1,306  

 

* Amounts included in Other Assets in the Company’s Consolidated Balance Sheets at December 31, 2020.

 

Deferred charges activity for the year ended December 31, 2019 can be seen in the table below (in thousands):

 

Balance at December 31, 2018   $ 1,438  
Additions during the period     1,241  
Recognized as cost of sales     (1,246 )
Balance at December 31, 2019   $ 1,433  
         
Amounts to be recognized as cost of sales in the year ending:        
December 31, 2020   $ 741  
December 31, 2021     531 *
December 31, 2022 and thereafter     161 *
    $ 1,433  

 

* Amounts included in Other Assets in the Company’s Consolidated Balance Sheets at December 31, 2019.
Schedule of Sales Commissions Contract Assets

The following table provides a reconciliation of the Company’s sales commissions contract assets for the year ended December 31, 2020 (in thousands):

 

    HW     Monitoring     Total  
Balance at December 31, 2019   $ 101     $ 37     $ 138  
Additions during the period     106       23       129  
Amortization of sales commissions     (71 )     (19 )     (90 )
Balance at December 31, 2020   $ 136     $ 41     $ 177  

 

The following table provides a reconciliation of the Company’s sales commissions contract assets for the year ended December 31, 2019 (in thousands):

 

    HW     Monitoring     Total  
Balance at December 31, 2018   $ 107     $ 36     $ 143  
Additions during the period     69       18       87  
Amortization of sales commissions     (75 )     (17 )     (92 )
Balance at December 31, 2019   $ 101     $ 37     $ 138