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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SCHEDULE OF DISAGGREGATED NET SALES

The following table shows the Company’s disaggregated net sales by product type:

 SCHEDULE OF DISAGGREGATED NET SALES

		2021 (Unaudited)				2020 (Unaudited)
		Three months ended September 30,
		2021 (Unaudited)				2020 (Unaudited)
DC power systems		$	4,023			$	2,414
Engineering & Tech Support Services			52				—
Accessories			61				87
Total net sales		$	4,136			$	2,501

		2021 (Unaudited)				2020 (Unaudited)
		Nine months ended September 30,
		2021 (Unaudited)				2020 (Unaudited)
DC power systems		$	11,884			$	6,200
Engineering & Tech Support Services			222				—
Accessories			167				288
Total net sales		$	12,273			$	6,488

The following table shows the Company’s disaggregated net sales by customer type:

		2021 (Unaudited)				2020 (Unaudited)
		Three months ended September 30,
		2021 (Unaudited)				2020 (Unaudited)
Telecommunications		$	3,524			$	2,491
Government/Military			373				2
Marine			30				1
Other (backup DC power to various industries)			209				7
Total net sales		$	4,136			$	2,501

		2021 (Unaudited)				2020 (Unaudited)
		Nine months ended September 30,
		2021 (Unaudited)				2020 (Unaudited)
Telecommunications		$	11,017			$	6,294
Government/Military			538				9
Marine			44				5
Other (backup DC power to various industries)			674				180
Total net sales		$	12,273			$	6,488

SCHEDULE OF COMPONENTS OF INVENTORIES

As of September 30, 2021, and December 31, 2020, inventories consisted of the following:

SCHEDULE OF COMPONENTS OF INVENTORIES 

		September 30, 2021				December 31, 2020
		(unaudited)
Raw materials		$	5,494			$	5,527
Finished goods			3,104				3,567
Total Inventories, net		$	8,598			$	9,094

SCHEDULE OF RECONCILIATION OF THE PRODUCT WARRANTY LIABILITY

The following is a tabular reconciliation of the product warranty liability, excluding the deferred revenue related to the Company’s warranty coverage:

SCHEDULE OF RECONCILIATION OF THE PRODUCT WARRANTY LIABILITY 

Changes in estimates for warranties		September 30, 2021				December 31, 2020
		(unaudited)
Balance at beginning of the period		$	600			$	375
Payments			(496	)			(634	)
Provision for warranties			496				859
Balance at end of the period		$	600			$	600

SCHEDULE OF DILUTED EARNINGS PER SHARE

The following potentially dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive:

 SCHEDULE OF DILUTED EARNINGS PER SHARE

		September 30, 2021				September 30, 2020
		(Unaudited)				(Unaudited)
Options			140,000				140,000
Warrants			24,122				465,000
Total			164,122				605,000

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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