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REVENUE (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATES OF REVENUE

The following table disaggregates the Company’s revenue for the six- and three-month periods ended June 30, 2025 and 2024 (in thousands):

 

   Hardware   Monitoring   Total 
Six months ended June 30, 2025:               
PG Segment  $3,781   $2,466   $6,247 
CP Segment   253    123    376 
Total Revenue  $4,034   $2,589   $6,623 

 

   Hardware   Monitoring   Total 
Six months ended June 30, 2024:               
PG Segment  $1,767   $2,088   $3,855 
CP Segment   428    124    552 
Total Revenue  $2,195   $2,212   $4,407 

 

 

   Hardware   Monitoring   Total 
Three months ended June 30, 2025:               
PG Segment  $2,100   $1,260   $3,360 
CP Segment   105    60    165 
Total Revenue  $2,205   $1,320   $3,525 

 

   Hardware   Monitoring   Total 
Three months ended June 30, 2024:               
PG Segment  $1,014   $1,047   $2,061 
CP Segment   151    63    214 
Total Revenue  $1,165   $1,110   $2,275 
SCHEDULE OF DEFERRED REVENUE ACTIVITY

Deferred revenue activity for the six months ended June 30, 2025 can be seen in the table below (in thousands):

 

   Hardware   Monitoring   Total 
Balance at December 31, 2024  $1,124   $3,109   $4,233 
Additions during the period   —    2,610    2,610 
Recognized as revenue   (585)   (2,589)   (3,174)
Balance at June 30, 2025  $539   $3,130   $3,669 
                
Amounts to be recognized as revenue in the twelve-month-period ending:               
June 30, 2026  $534    2,621    3,155 
June 30, 2027   5    507    512 
June 30, 2028 and thereafter        2    2 
Total  $539    3,130    3,669 
SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE

The following table provides a reconciliation of the Company’s hardware revenue for the six- and three-month periods ended June 30, 2025 and 2024 (in thousands):

 

Reconciliation of Hardware Revenue  2025   2024   2025   2024 
  

Six months ended

June 30,

  

Three months ended

June 30,

 
Reconciliation of Hardware Revenue  2025   2024   2025   2024 
Amortization of deferred revenue  $585   $1,027   $270   $492 
Sales of custom designed units and related accessories   58    —    —    — 
Hardware sales (new product versions)   3,160    955    1,808    579 
Other accessories, services, shipping and miscellaneous charges   231    213    127    94 
Total hardware revenue  $4,034   $2,195   $2,205   $1,165 
SCHEDULE OF DEFERRED CHARGES ACTIVITY

Deferred COGS relate only to the sale of equipment. Deferred COGS activity for the six-month period ended June 30, 2025 can be seen in the table below (in thousands):

 

      
Balance at December 31, 2024  $476 
Additions, net of adjustments, during the period   — 
Recognized as COGS   (251)
Balance at June 30, 2025  $225 
      
Amounts to be recognized as COGS in the twelve-month-period ending:     
June 30, 2026  $223 
June 30, 2027   2 
   $225 
SCHEDULE OF RECONCILIATION OF COGS EXPENSES

The following table provides a reconciliation of the Company’s COGS expense for the six- and three-month periods ended June 30, 2025 and 2024 (in thousands):

 

Reconciliation of COGS Expense  2025   2024   2025   2024 
  

Six months ended

June 30,

  

Three months ended

June 30,

 
Reconciliation of COGS Expense  2025   2024   2025   2024 
Amortization of deferred COGS  $251   $451   $115   $216 
COGS of custom designed units and related accessories   16    —    —    — 
COGS of hardware sales (new product versions)   1,089    430    620    267 
Data costs for monitoring   145    123    72    61 
Other COGS of accessories, services, shipping and miscellaneous charges   157    147    79    66 
Total COGS expense  $1,658   $1,151   $886   $610 
SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS

The following table provides a reconciliation of the Company’s sales commissions contract assets for the six-month period ended June 30, 2025 (in thousands):

 

   Hardware   Monitoring   Total 
Balance at December 31, 2024  $104   $124   $228 
Additions during the period   —    39    39 
Amortization of sales commissions   (54)   (28)   (82)
Balance at June 30, 2025  $50    135    185 
SCHEDULE OF SALES COMMISSIONS EXPENSE

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

 

      
June 30, 2026  $104 
June 30, 2027   42 
June 30, 2028 and thereafter   39 
Total  $185