XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.22.4

REVENUE | 12 Months Ended
--- | ---
Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
REVENUE | NOTE 12—REVENUE The following table disaggregates the Company’s revenue for the years ended December 31, 2022 and 2021 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE
|  | HW |  |  | Monitoring |  |  | Total |
Year ended December 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |
PG Segment |  | $ | 2,234 |  |  | $ | 3,660 |  |  | $ | 5,894 |
CP Segment |  |  | 854 |  |  |  | 252 |  |  |  | 1,106 |
Total Revenue |  | $ | 3,088 |  |  | $ | 3,912 |  |  | $ | 7,000 |
|  | HW |  |  | Monitoring |  |  | Total |
Year ended December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |
PG Segment |  | $ | 2,018 |  |  | $ | 3,769 |  |  | $ | 5,787 |
CP Segment |  |  | 728 |  |  |  | 261 |  |  |  | 989 |
Total Revenue |  | $ | 2,746 |  |  | $ | 4,030 |  |  | $ | 6,776 |
Deferred revenue activity for the year ended December 31, 2022 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY
|  | HW |  |  | Monitoring |  |  | Total |
Balance at December 31, 2021 |  | $ | 3,268 |  |  | $ | 2,125 |  |  | $ | 5,393 |
Additions during the period |  |  | 2,776 |  |  |  | 4,207 |  |  |  | 6,983 |
Recognized as revenue |  |  | (2,293 | ) |  |  | (3,912 | ) |  |  | (6,205 | )
Balance at December 31, 2022 |  | $ | 3,751 |  |  | $ | 2,420 |  |  | $ | 6,171 |
Amounts to be recognized as revenue in the year ending: |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2023 |  | $ | 1,963 |  |  | $ | 2,021 |  |  | $ | 3,984 |
December 31, 2024 |  |  | 1,359 |  |  |  | 396 |  |  |  | 1,755 |
December 31, 2025 and thereafter |  |  | 429 |  |  |  | 3 |  |  |  | 432 |
|  | $ | 3,751 |  |  | $ | 2,420 |  |  | $ | 6,171 |
Other revenue of $780,000 is related to custom design hardware, accessories, repairs, and other miscellaneous charges that are recognized to revenue when sold and are not deferred. Deferred revenue activity for the year ended December 31, 2021 can be seen in the table below (in thousands):
|  | HW |  |  | Monitoring |  |  | Total |
Balance at December 31, 2020 |  | $ | 2,576 |  |  | $ | 1,978 |  |  | $ | 4,554 |
Deferred revenue, beginning balance |  | $ | 2,576 |  |  | $ | 1,978 |  |  | $ | 4,554 |
Additions during the period |  |  | 2,548 |  |  |  | 4,177 |  |  |  | 6,725 |
Recognized as revenue |  |  | (1,856 | ) |  |  | (4,030 | ) |  |  | (5,886 | )
Balance at December 31, 2021 |  | $ | 3,268 |  |  | $ | 2,125 |  |  | $ | 5,393 |
Deferred revenue ending balance |  | $ | 3,268 |  |  | $ | 2,125 |  |  | $ | 5,393 |
Amounts to be recognized as revenue in the year ending: |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2022 |  | $ | 1,695 |  |  | $ | 1,846 |  |  | $ | 3,541 |
December 31, 2023 |  |  | 1,116 |  |  |  | 275 |  |  |  | 1,391 |
December 31, 2024 and thereafter |  |  | 457 |  |  |  | 4 |  |  |  | 461 |
|  | $ | 3,268 |  |  | $ | 2,125 |  |  | $ | 5,393 |
Other revenue of $890,000 is related to revenue from sales of custom design hardware, 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 year ended December 31, 2022 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY
Balance at December 31, 2021 |  | $ | 1,513 |
Additions during the period |  |  | 1,267 |
Recognized as cost of sales |  |  | (1,086 | )
Balance at December 31, 2022 |  | $ | 1,694 |
Amounts to be recognized as cost of sales in the year ending: |  |  |  |
December 31, 2023 |  | $ | 887 |
December 31, 2024 |  |  | 616 |
December 31, 2025 and thereafter |  |  | 191 |
|  | $ | 1,694 |
Data costs paid to AT&T and the COGS related to sales of upgrade kits, accessories and repairs of $843,000 in the aggregate are expensed as incurred and are not deferred. Deferred charges activity for the year ended December 31, 2021 can be seen in the table below (in thousands):
Balance at December 31, 2020 |  | $ | 1,306 |
Deferred charges beginning balance |  | $ | 1,306 |
Additions during the period |  |  | 1,155 |
Recognized as cost of sales |  |  | (948 | )
Balance at December 31, 2021 |  | $ | 1,513 |
Deferred charges ending balance |  | $ | 1,513 |
Amounts to be recognized as cost of sales in the year ending: |  |  |  |
December 31, 2022 |  | $ | 799 |
December 31, 2023 |  |  | 507 |
December 31, 2024 and thereafter |  |  | 207 |
|  | $ | 1,513 |
Data costs paid to AT&T and the COGS related to sales of custom design hardware, accessories and repairs of $929,000 in the aggregate are expensed as incurred and are not deferred. The Company pays its employees sales commissions for sales of HW and for first sales of monitoring services (not for renewals). In accordance with Topic 606, Revenue from Contracts with Customers, of the FASB Accounting Standards Codification (“ASC 606”), the Company capitalizes as a contract asset the sales commissions on these sales. Contract assets associated with HW are amortized over the estimated life of the units which are currently estimated to be three years. Contract assets associated with monitoring services are amortized over the expected monitoring life including renewals. The following table provides a reconciliation of the Company’s sales commissions contract assets for the year ended December 31, 2022 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS
|  | HW |  |  | Monitoring |  |  | Total |
Balance at December 31, 2021 |  | $ | 242 |  |  | $ | 53 |  |  | $ | 295 |
Additions during the period |  |  | 233 |  |  |  | 55 |  |  |  | 288 |
Amortization of sales commissions |  |  | (156 | ) |  |  | (28 | ) |  |  | (184 | )
Balance at December 31, 2022 |  | $ | 319 |  |  | $ | 80 |  |  | $ | 399 |
The capitalized sales commissions are included in other current assets ($196,000) and other assets ($203,000) in the Company’s Consolidated Balance Sheets at December 31, 2022. The following table provides a reconciliation of the Company’s sales commissions contract assets for the year ended December 31, 2021 (in thousands):
|  | HW |  |  | Monitoring |  |  | Total |
Balance at December 31, 2020 |  | $ | 136 |  |  | $ | 41 |  |  | $ | 177 |
Sales commissions contract assets beginning balance |  | $ | 136 |  |  | $ | 41 |  |  | $ | 177 |
Additions during the period |  |  | 212 |  |  |  | 34 |  |  |  | 246 |
Amortization of sales commissions |  |  | (106 | ) |  |  | (22 | ) |  |  | (128 | )
Balance at December 31, 2021 |  | $ | 242 |  |  | $ | 53 |  |  | $ | 295 |
Sales commissions contract assets ending balance |  | $ | 242 |  |  | $ | 53 |  |  | $ | 295 |
The capitalized sales commissions are included in other current assets ($138,000) and other assets ($157,000) in the Company’s Consolidated Balance Sheets at December 31, 2021.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration