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REVENUE (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATES OF REVENUE

The following table disaggregates the Company’s revenue for the three-month periods ended March 31, 2023 and 2022 (in thousands):

 

   Hardware   Monitoring   Total 
Three months ended March 31, 2023:               
PG Segment  $549   $958   $1,507 
CP Segment   176    66    242 
Total Revenue  $725   $1,024   $1,749 

 

   Hardware   Monitoring   Total 
Three months ended March 31, 2022:               
PG Segment  $523   $922   $1,445 
CP Segment   238    68    306 
Total Revenue  $761   $990   $1,751 
SCHEDULE OF DEFERRED REVENUE ACTIVITY

Deferred revenue activity for the three months ended March 31, 2023 can be seen in the table below (in thousands):

 

   Hardware   Monitoring   Total 
Balance at December 31, 2022  $3,751   $2,420   $6,171 
Additions during the period   548    1,106    1,654 
Recognized as revenue   (585)   (1,024)   (1,609)
Balance at March 31, 2023  $3,714   $2,502   $6,216 
                
Amounts to be recognized as revenue in the twelve-month-period ending:               
March 31, 2024  $2,006   $2,041   $4,047 
March 31, 2025   1,303    459    1,762 
March 31, 2026 and thereafter   405    2    407 
   $3,714   $2,502   $6,216 
SCHEDULE OF DEFERRED CHARGES ACTIVITY

Deferred COGS relate only to the sale of equipment. Deferred COGS activity for the three months ended March 31, 2023 can be seen in the table below (in thousands):

 

      
Balance at December 31, 2022  $1,694 
Additions, net of adjustments, during the period   231 
Recognized as cost of sales   (268)
Balance at March 31, 2023  $1,657 
      
Amounts to be recognized as COGS in the twelve-month-period ending:     
March 31, 2024  $898 
March 31, 2025   583 
March 31, 2026 and thereafter   176 
   $1,657 
SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS

The following table provides a reconciliation of the Company’s sales commissions contract assets for the three-month period ended March 31, 2023 (in thousands):

 

   Hardware   Monitoring   Total 
Balance at December 31, 2022  $319   $80   $399 
Additions during the period   44    13    57 
Amortization of sales commissions   (47)   (8)   (55)
Balance at March 31, 2023  $316   $85   $401 
SCHEDULE OF SALES COMMISSIONS EXPENSE

Amounts to be recognized as sales commission expense in the twelve-month-period ending:

SCHEDULE OF SALES COMMISSIONS EXPENSE

      
March 31, 2024  $203 
March 31, 2025   137 
March 31, 2026 and thereafter   61 
   $401