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BUSINESS SEGMENT, GEOGRAPHIC AND CUSTOMER INFORMATION | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
BUSINESS SEGMENT, GEOGRAPHIC AND CUSTOMER INFORMATION | 13. BUSINESS SEGMENT, GEOGRAPHIC AND CUSTOMER INFORMATION The Company follows ASC 280 - Segment Reporting in determining its reportable segments. The Company considered the way its management team, most notably its chief operating decision maker, makes operating decisions and assesses performance and considered which components of the Company’s enterprise have discrete financial information available. As the Company makes decisions using a manufactured products vs. distributed products and services group focus, its analysis resulted in two reportable segments: T&D Solutions and Critical Power. The Critical Power reportable segment is the Company’s Titan Energy Systems, Inc. business unit. The T&D Solutions reportable segment is the Company’s Pioneer Custom Electrical Products Corp. business unit. The T&D Solutions segment is involved in the design, manufacture and distribution of switchgear used primarily by large industrial and commercial operations to manage their electrical power distribution needs. The Critical Power segment provides power generation equipment and aftermarket field-services primarily to help customers ensure smooth, uninterrupted power to operations during times of emergency. The following tables present information about segment income (loss): SCHEDULE OF SEGMENT INCOME LOSS
|  | 2022 |  |  | 2021 |
|  | Year Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Revenues |  |  |  |  |  |
T&D Solutions |  |  |  |  |  |  |  |
Power Systems |  | $ | 17,382 |  |  | $ | 9,484 |
Service |  |  | 10 |  |  |  | - |
Revenues |  |  | 17,392 |  |  |  | 9,484 |
Critical Power Solutions |  |  |  |  |  |  |  |
Equipment |  |  | 2,229 |  |  |  | 1,891 |
Service |  |  | 7,379 |  |  |  | 6,936 |
Revenues |  |  | 9,608 |  |  |  | 8,827 |
Consolidated |  | $ | 27,000 |  |  | $ | 18,311 |
Revenues |  | $ | 27,000 |  |  | $ | 18,311 |
|  | 2022 |  |  | 2021 |
|  | Year Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Depreciation and amortization |  |  |  |  |  |  |  |
T&D Solutions |  | $ | 56 |  |  | $ | 61 |
Critical Power Solutions |  |  | 384 |  |  |  | 349 |
Unallocated corporate overhead expenses |  |  | 26 |  |  |  | 28 |
Consolidated |  | $ | 466 |  |  | $ | 438 |
Depreciation and amortization |  | $ | 466 |  |  | $ | 438 |
|  | 2022 |  |  | 2021 |
|  | Year Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Operating income (loss) |  |  |  |  |  |  |  |
T&D Solutions |  | $ | 1,784 |  |  | $ | (1,060 | )
Critical Power Solutions |  |  | (2,003 | ) |  |  | (385 | )
Unallocated corporate overhead expenses |  |  | (3,810 | ) |  |  | (2,417 | )
Consolidated |  | $ | (4,029 | ) |  | $ | (3,862 | )
Operating income (loss) |  | $ | (4,029 | ) |  | $ | (3,862 | )
The following table presents information which reconciles segment assets to consolidated total assets:
|  | 2022 |  |  | 2021 |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Assets |  |  |  |  |  |
T&D Solutions |  | $ | 18,196 |  |  | $ | 6,490 |
Critical Power Solutions |  |  | 8,009 |  |  |  | 3,573 |
Corporate |  |  | 10,970 |  |  |  | 17,864 |
Consolidated |  | $ | 37,175 |  |  | $ | 27,927 |
Assets |  | $ | 37,175 |  |  | $ | 27,927 |
Corporate assets consisted primarily of cash on hand. Revenues are attributable to countries based on the location of the Company’s customers: SCHEDULE OF ATTRIBUTABLE TO COUNTIES BASED ON THE LOCATION
|  | Year Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Revenues |  |  |  |  |  |
United States |  | $ | 27,000 |  |  | $ | 18,311 |
Sales to Enchanted Rock Electric, LLC accounted for approximately 45% of the Company’s total sales during the year ended December 31, 2022. The Company had no sales to Enchanted Rock Electric, LLC during the year ended December 31, 2021. The distribution of the Company’s property and equipment by geographic location is approximately as follows: SCHEDULE OF PROPERTY AND EQUIPMENT BY GEOGRAPHIC LOCATION
|  | December 31, |
|  | 2022 |  |  | 2021 |
Property and equipment |  |  |  |  |  |  |  |
United States |  | $ | 1,800 |  |  | $ | 516 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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