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REVENUE | 6 Months Ended
--- | ---
Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
REVENUE | NOTE 9—REVENUE The following table disaggregates the Company’s revenue for the three-and-six-month periods ended June 30, 2021 and 2020 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE
|  | Hardware |  |  | Monitoring |  |  | Total |
Six months ended June 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |
PG Segment |  | $ | 942 |  |  | $ | 1,895 |  |  | $ | 2,837 |
CP Segment |  |  | 349 |  |  |  | 130 |  |  |  | 479 |
Total Revenue |  | $ | 1,291 |  |  | $ | 2,025 |  |  | $ | 3,316 |
|  | Hardware |  |  | Monitoring |  |  | Total |
Six months ended June 30, 2020: |  |  |  |  |  |  |  |  |
PG Segment |  | $ | 645 |  |  | $ | 1,726 |  |  | $ | 2,371 |
CP Segment |  |  | 308 |  |  |  | 127 |  |  |  | 435 |
Total Revenue |  | $ | 953 |  |  | $ | 1,853 |  |  | $ | 2,806 |
|  | Hardware |  |  | Monitoring |  |  | Total |
Three months ended June 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |
PG Segment |  | $ | 425 |  |  | $ | 954 |  |  | $ | 1,379 |
CP Segment |  |  | 169 |  |  |  | 63 |  |  |  | 232 |
Total Revenue |  | $ | 594 |  |  | $ | 1,017 |  |  | $ | 1,611 |
|  | Hardware |  |  | Monitoring |  |  | Total |
Three months ended June 30, 2020: |  |  |  |  |  |  |  |  |  |  |  |
PG Segment |  | $ | 368 |  |  | $ | 894 |  |  | $ | 1,262 |
CP Segment |  |  | 142 |  |  |  | 64 |  |  |  | 206 |
Total Revenue |  | $ | 510 |  |  | $ | 958 |  |  | $ | 1,468 |
Deferred revenue activity for the six months ended June 30, 2021 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY
|  | Hardware |  |  | Monitoring |  |  | Total |
Balance at December 31, 2020 |  | $ | 2,576 |  |  | $ | 1,978 |  |  | $ | 4,554 |
Additions during the period |  |  | 1,068 |  |  |  | 2,019 |  |  |  | 3,087 |
Recognized as revenue |  |  | (898 | ) |  |  | (2,024 | ) |  |  | (2,922 | )
Balance at June 30, 2021 |  | $ | 2,746 |  |  | $ | 1,973 |  |  | $ | 4,719 |
Amounts to be recognized as revenue in the twelve-month-period ending: |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2022 |  | $ | 1,507 |  |  | $ | 1,732 |  |  | $ | 3,239 |
June 30, 2023 |  |  | 905 |  |  |  | 234 |  |  |  | 1,139 |
June 30, 2024 and thereafter |  |  | 334 |  |  |  | 7 |  |  |  | 341 |
Total |  | $ | 2,746 |  |  | $ | 1,973 |  |  | $ | 4,719 |
Other revenue of approximately $394,000, 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, 2021 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY
Balance at December 31, 2020 |  | $ | 1,306 |
Additions, net of adjustments, during the period |  |  | 472 |
Recognized as cost of sales |  |  | (467 | )
Balance at June 30, 2021 |  | $ | 1,311 |
Amounts to be recognized as cost of sales in the twelve-month-period ending: |  |  |  |
June 30, 2022 |  | $ | 738 |
June 30, 2023 |  |  | 425 | *
June 30, 2024 and thereafter |  |  | 148 | *
|  | $ | 1,311 |
| * | Amounts included in other assets in the Company’s unaudited condensed consolidated balance sheets at June 30, 2021.
Other cost of goods sold (COGS) recognized of approximately $231,000 is related to accessories, repairs, and other miscellaneous charges that are recognized to revenue when sold and are not deferred in addition to $186,000 in monitoring COGS which is not deferred. The following table provides a reconciliation of the Company’s sales commissions contract assets for the six-month period ended June 30, 2021 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS
|  | Hardware |  |  | Monitoring |  |  | Total |
Balance at December 31, 2020 |  | $ | 136 |  |  | $ | 41 |  |  | $ | 177 |
Additions during the period |  |  | 88 |  |  |  | 15 |  |  |  | 103 |
Amortization of sales commissions |  |  | (48 | ) |  |  | (10 | ) |  |  | (58 | )
Balance at June 30, 2021 |  | $ | 176 |  |  | $ | 46 |  |  | $ | 222 |
The capitalized sales commissions are included in other current assets (approximately $107,000) and other assets (approximately $115,000) in the Company’s unaudited condensed consolidated balance sheets at June 30, 2021. The capitalized sales commissions are included in other current assets (approximately $90,000) and other assets (approximately $87,000) in the Company’s consolidated balance sheets at December 31, 2020.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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