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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF FINANCIAL LIABILITIES MEASURED ON A RECURRING BASIS
The following tables set forth, by level within the fair value hierarchy, the Company’s financial liabilities that were accounted for at fair value on a recurring basis as of December 31, 2025 and 2024 (in thousands):
DescriptionMarkets for
Identical
Assets
(Level 1)
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Carrying
Value as of
December 31,
2025
Long-term incentive plan$— $— $205 $205 
DescriptionMarkets for
Identical
Assets
(Level 1)
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Carrying
Value as of
December 31,
2025
Derivative liabilities - warrant instruments$— $— $$
Derivative liabilities - related party$— $— $476 $476 

DescriptionMarkets for
Identical
Assets
(Level 1)
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Carrying
Value as of December 31, 2024
Long-term incentive plan$— $— $358 $358 
DescriptionMarkets for
Identical
Assets
(Level 1)
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Carrying
Value as of December 31, 2024
Derivative liabilities - warrant instruments$— $— $$
Derivative liabilities - related party$— $— $— $— 
SCHEDULE OF DERIVATIVE INSTRUMENTS
The following tables reconcile the beginning and ending balances of the warrant instruments and long-term incentive plan within Level 3 of the fair value hierarchy, respectively:

Common Warrants Liabilities
(in thousands)
Derivative Liabilities
(in thousands)
Related Party Derivative Liabilities
(in thousands)
Long-term incentive plan
 (in thousands)
Balance, December 31, 2024$— $$— $358 
Issuance during the year3,396 — 265 — 
Change in fair value(1,394)211 (153)
Balance, December 31, 2025$2,002 $$476 $205 
(in thousands)(in thousands)(in thousands)(in thousands)
Balance, December 31, 2023$— $205 $— $— 
Change in fair value— (204)— 358 
Balance, December 31, 2024$— $$— $358 
SCHEDULE OF ACCOUNTS RECEIVABLE - TRADE AND DEFERRED REVENUE
The following table presents the opening and closing balances of the Company’s accounts receivable- trade, net of allowances, deferred revenue, current, and deferred revenue, non-current (in thousands):
January 1, 2024December 31, 2024December 31, 2025
Accounts receivable – trade, net of allowances32,668 18,325 15,358 
Deferred revenues, current8,698 9,015 9,273 
Deferred revenues, non-current16,347 15,158 14,849 
SCHEDULE OF DISAGGREGATED REVENUE
Year Ended
December 31,
(in thousands)
20252024
Product revenues:  
Hardware$103,742 $124,378 
Software and embedded firmware648 1,198 
Service revenues:  
Professional services120 903 
Maintenance and subscription services4,736 9,414 
$109,246 $135,893