Sunworks (SUNWQ) 10-Q 16 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	May 13, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-36868
Entity Registrant Name	SUNWORKS, INC.
Entity Central Index Key	0001172631
Entity Tax Identification Number	01-0592299
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1555 Freedom Boulevard
Entity Address, City or Town	Provo
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84604
City Area Code	(385)
Local Phone Number	497-6955
Title of 12(b) Security	Common stock, par value $0.001 per share
Trading Symbol	SUNW
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		32,856,525

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 19,455	$ 19,719
Restricted cash	323	323
Accounts receivable, net	5,940	4,568
Inventory	14,101	10,219
Contract assets	16,005	14,498
Other current assets	3,555	4,154
Total Current Assets	59,379	53,481
Property and equipment, net	2,919	3,195
Finance lease right-of-use assets, net	1,513	1,407
Operating lease right-of-use assets	2,293	2,502
Deposits	134	132
Intangible assets, net	7,147	7,910
Goodwill	32,186	32,186
Total Assets	105,571	100,813
Current Liabilities:
Accounts payable and accrued liabilities	14,088	11,127
Contract liabilities	13,183	12,201
Finance lease liability, current portion	438	424
Operating lease liability, current portion	947	993
Total Current Liabilities	28,656	24,745
Long-Term Liabilities:
Finance lease liability, net of current portion	601	542
Operating lease liability, net of current portion	1,346	1,509
Warranty liability	1,311	1,251
Total Long-Term Liabilities	3,258	3,302
Total Liabilities	31,914	28,047
Commitments and contingencies
Shareholders’ Equity:
Preferred stock Series B, $0.001 par value, 5,000,000 authorized shares; no shares issued and outstanding
Common stock, $0.001 par value; 50,000,000 authorized shares; 32,073,268 and 29,193,772 shares issued and outstanding, at March 31, 2022 and December 31, 2021, respectively	32	29
Additional paid-in capital	197,092	187,997
Accumulated deficit	(123,467)	(115,260)
Total Shareholders’ Equity	73,657	72,766
Total Liabilities and Shareholders’ Equity	$ 105,571	$ 100,813

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	32,073,268	29,193,772
Common stock, shares outstanding	32,073,268	29,193,772
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Revenue, net	$ 31,196	$ 6,169
Cost of Goods Sold	17,164	6,078
Gross Profit	14,032	91
Operating Expenses:
Selling and marketing	12,229	1,231
General and administrative	7,437	3,452
Stock-based compensation	1,284	151
Depreciation and amortization	1,283	65
Total Operating Expenses	22,233	4,899
Operating Loss	(8,201)	(4,808)
Other (Expense) Income
Other income, net	2	4
Interest expense	(8)	(9)
Total Other Expense, net	(6)	(5)
Loss Before Income Taxes	(8,207)	(4,813)
Income Tax Expense
Net Loss	$ (8,207)	$ (4,813)
LOSS PER SHARE:
Basic	$ (0.28)	$ (0.19)
Diluted	$ (0.28)	$ (0.19)
WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING
Basic	29,502,905	25,233,586
Diluted	29,502,905	25,233,586

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 24	$ 122,668	$ (88,635)	$ 34,057
Beginning balance, shares at Dec. 31, 2020	23,835,258
Stock-based compensation		151		151
Sales of common stock pursuant to S-3 registration statement, net	$ 3	48,855		48,858
Sales of common stock pursuant to S-3 registration statement, shares	3,212,486,000
Net loss			(4,813)	(4,813)
Ending balance, value at Mar. 31, 2021	$ 27	171,674	(93,448)	78,253
Ending balance, shares at Mar. 31, 2021	27,047,744
Beginning balance, value at Dec. 31, 2021	$ 29	187,997	(115,260)	72,766
Beginning balance, shares at Dec. 31, 2021	29,193,772
Stock-based compensation		1,284		1,284
Issuance of common stock under terms of restricted stock grants
Issuance of common stock under terms of restricted stock grants, shares	121,666,000
Sales of common stock pursuant to S-3 registration statement, net	$ 3	7,811		7,814
Sales of common stock pursuant to S-3 registration statement, shares	2,757,830,000
Net loss			(8,207)	(8,207)
Ending balance, value at Mar. 31, 2022	$ 32	$ 197,092	$ (123,467)	$ 73,657
Ending balance, shares at Mar. 31, 2022	32,073,268

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (8,207)	$ (4,813)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	1,283	65
Amortization of right-of-use asset	263	205
Stock-based compensation	1,284	151
Bad debt expense	68	5
Changes in Operating Assets and Liabilities:
Accounts receivable	(1,440)	(1,009)
Inventory	(3,882)	(290)
Deposits and other current assets	597	(1,159)
Contract assets	(1,507)	197
Accounts payable and accrued liabilities	2,961	1,207
Contract liabilities	982	191
Warranty liability	60	30
Operating lease liability	(263)	(205)
NET CASH USED IN OPERATING ACTIVITIES	(7,801)	(5,425)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(168)	(15)
NET CASH USED IN INVESTING ACTIVITIES	(168)	(15)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on finance lease liabilities	(109)
Proceeds from sales of common stock, net	7,814	48,858
NET CASH PROVIDED BY FINANCING ACTIVITIES	7,705	48,858
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	(264)	43,418
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR	20,042	39,339
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF YEAR	19,778	82,757
Cash and cash equivalents	19,455	82,409
Restricted cash	323	348
CASH PAID FOR:
Interest	8	1
SUPPLEMENTAL DISCLOSURES OF NON-CASH TRANSACTIONS
Right-of-use assets obtained in exchange for new operating lease liability	54	437
Right-of-use assets obtained in exchange for new finance lease liability	$ 182

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	1. ORGANIZATION AND BASIS OF PRESENTATION We provide photovoltaic (“PV”) and battery based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial and public works projects. We operate in several residential and commercial markets including California, Utah, Nevada, Arizona, New Mexico, Texas, Colorado, Minnesota, Wisconsin, Massachusetts, Rhode Island, New York, Pennsylvania, New Jersey and South Carolina. Through our operating subsidiaries, we design, arrange financing, integrate, install, and manage systems ranging in size from 2kW (kilowatt) for residential projects to multi-MW (megawatt) systems for larger commercial and public works projects. Commercial installations have included installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Public works installations have included school districts, local municipalities, federal facilities and higher education institutions. On April 8, 2021, Sunworks, Inc., through its operating subsidiary Sunworks United (the “Buyer”), acquired all of the issued and outstanding membership interests (the “Solcius Acquisition”) of Solcius, from Solcius Holdings, LLC (“Seller”). Located in Provo, Utah, Solcius is a full-service, residential solar systems provider. The Company believes the Solcius Acquisition enhances economies of scale, leading to better access to suppliers, vendors and financial partners, as well as marketing and customer acquisition opportunities. The Solcius Acquisition was consummated on April 8, 2021 pursuant to a Membership Interest Purchase Agreement, dated as of April 8, 2021 (the “Purchase Agreement”), by and between Buyer and Seller. The purchase price for Solcius consisted of $51,750 in cash, subject to post-closing adjustments related to working capital, cash, indebtedness and transaction expenses. The acquired assets and operating results of Solcius are included in these consolidated financial statements and footnotes since the date of acquisition through March 31, 2022 (see Note 3). The accompanying unaudited condensed consolidated financial statements (“financial statements”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all normal recurring adjustments considered necessary for a fair presentation have been included. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. The financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year December 31, 2021.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES This summary of significant accounting policies of the Company is presented to assist in understanding the Company’s financial statements. These accounting policies conform to GAAP and have been consistently applied in the preparation of the condensed consolidated financial statements. There have been no significant changes in the Company’s accounting policies from those disclosed in its Annual Report on Form 10-K for the year ended December 31, 2021. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Sunworks, Inc., and its wholly-owned operating subsidiaries: Sunworks United Inc., Commercial Solar Energy, Inc. and Solcius LLC. All material intercompany transactions have been eliminated upon consolidation of these entities. Segment Reporting We currently operate in three segments based upon our organizational structure and the way in which our operations are managed and evaluated. The largest segment is residential operations which are projects smaller in size and shorter in duration. Our second operating segment is commercial operations which includes projects that are commonly larger in size and longer in duration serving commercial, industrial, agricultural and public works customers. Our third segment is the corporate office that is responsible for general company oversight and management. Separating the corporate costs from the residential and commercial operations simplifies the performance evaluation of the Residential and Commercial segments. Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include estimates used to review the Company’s goodwill, intangibles, impairments and estimations of long-lived assets, revenue recognition on construction contracts recognized over time, fair value of assets acquired and liabilities assumed in a business combination, allowances for uncollectible accounts, finance lease right-of-use assets and liabilities, operating lease right-of-use assets and liabilities, warranty reserves, inventory valuation, valuations of non-cash capital stock issuances and the valuation allowance on deferred tax assets. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. Revenue Recognition Revenue and related costs on construction contracts are recognized as the performance obligations for work are satisfied over time in accordance with Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers. Under ASC 606, revenue and associated profit, engineering, procurement and construction (“EPC”) projects for residential and smaller commercial systems that require us to deliver functioning solar power systems are generally completed within two to twelve months from commencement of construction. Construction on larger commercial projects may be completed within eighteen to thirty-six months, depending on the size and location. We recognize revenue from commercial EPC services over time as our performance creates or enhances an energy generation asset controlled by the customer. For residential contracts, the Company recognizes revenue upon completion of the job as determined by final inspection. We recognize revenue for systems operations and maintenance over the term of the service period. For commercial projects, we commence recognizing performance revenue when work starts on the job and continue recognizing revenue over time as work is performed based on the ratio of costs incurred, excluding modules and components, compared to the total estimated non-materials costs at completion of the performance obligations. Judgment is required to evaluate assumptions including the amount of net contract revenue and the total estimated costs to determine the Company’s progress towards contract completion and to calculate the corresponding amount of revenue to recognize. If estimated total costs on any contract are greater than the net contract revenue, the Company recognizes the entire estimated loss in the period the loss becomes known. Changes in estimates for commercial projects occur for a variety of reasons, including, but not limited to (i) construction plan accelerations or delays, (ii) product cost forecast changes, (iii) change orders, or (iv) changes in other information used to estimate costs. Changes in estimates may have a material effect in the Company’s condensed consolidated statements of operations. The table below outlines the impact on revenue of net changes in estimated transaction prices and input costs for systems related sales contracts (both increases and decreases) for the three months ended March 31, 2022 and 2021 as well as the number of projects that comprise such changes. For purposes of the following table, only projects with changes in estimates that have an impact on revenue and or cost of at least $100, calculated on a quarterly basis during the periods, were presented. Also included in the table is the net change in estimate as a percentage of the aggregate revenue for such projects. SCHEDULE OF CHANGES IN ESTIMATE AGGREGATE REVENUE Three Months (In thousands, except number of projects) March 31, 2022 March 31, 2021 Increase in revenue from net changes in transaction prices $ 457 $ 9 Increase (decrease) in revenue from net changes in input cost estimates (461 ) 3 Net increase (decrease) in revenue from net changes in estimates $ (4 ) $ 12 Number of projects 3 2 Net change in estimate as a percentage of aggregate revenue for associated projects ( 0.1 )% 0.4 % Contract Assets and Liabilities Contract assets consist of (i) the earned, but unbilled, portion of a project for which payment is deferred by the customer until certain contractual milestones are met; (ii) direct costs, including commissions, labor related costs and permitting fees paid prior to recording revenue, and (iii) unbilled receivables which represent revenue that has been recognized in advance of billing the customer, which is common for larger construction contracts. Contract liabilities consist of deferred revenue, customer deposits and customer advances, which represent consideration received from a customer prior to transferring control of goods or services to the customer under the terms of a contract. Total contract assets and contract liabilities balances as of the respective dates are as follows: SCHEDULE OF CONTRACT ASSETS AND LIABILITIES As of (In thousands) March 31, 2022 December 31, 2021 Contract Assets $ 16,005 $ 14,498 Contract Liabilities 13,183 12,201 During the quarter ended March 31, 2022, the Company recognized revenue of $ 1,403 1,470 The following table represents the average percentage of completion as of March 31, 2022 for EPC projects that the Company is constructing. The Company expects to recognize $ 16,186 SCHEDULE OF REVENUE RECOGNIZE UPON TRANSFER CONTROL OF PROJECTS Project Revenue Category Expected Years Revenue Recognition Will Be Completed Average Percentage of Revenue Recognized Various Projects EPC services 2022 - 2023 64.3 % Basic and Diluted Net (Loss) per Share Calculations (Loss) per Share dictates the calculation of basic earnings (loss) per share and diluted earnings per share. Basic earnings (loss) per share are computed by dividing income (loss) available to holders of common stock by the weighted-average number of shares of common stock outstanding. Diluted earnings per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential shares of common stock had been issued and if the additional shares of common stock were dilutive. The shares for employee options, restricted stock, warrants and convertible notes were not used in the calculation of the net loss per share. A net loss causes all outstanding common stock options and unvested restricted stock units (“RSUs”) to be anti-dilutive. As a result, the basic and diluted losses per common share are the same for the three months ended March 31, 2022 and 2021, respectively. As of March 31, 2022, the potentially dilutive securities that have been excluded from the computations of weighted average shares outstanding include 282,433 stock options and 1,226,430 unvested RSUs. As of March 31, 2021, the potentially dilutive securities that have been excluded from the computations of weighted average shares outstanding include 88,411 stock options and 210,000 unvested RSUs. Dilutive per share amounts are computed using the weighted-average number of shares of common stock outstanding and potentially dilutive securities, using the treasury stock method, if their effect would be dilutive. New Accounting Pronouncements Management reviewed currently issued pronouncements during the three months ended March 31, 2022, and believes that any recently issued, but not yet effective, accounting standards, if currently adopted, would not have a material effect on the accompanying condensed consolidated financial statements.

BUSINESS ACQUISITION

BUSINESS ACQUISITION	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
BUSINESS ACQUISITION	3. BUSINESS ACQUISITION On April 8, 2021, pursuant to the Purchase Agreement, the Company, through its operating subsidiary Sunworks United Inc., acquired all of the issued and outstanding membership interests of Solcius from the Seller. Located in Provo, Utah, Solcius is a full-service residential solar systems provider. The purchase price for Solcius consisted of $ 51,750 in cash subject to post-closing adjustments related to working capital, cash, indebtedness and transaction expenses. The Solcius Acquisition was accounted for under ASC 805 and the financial results of Solcius have been included in the Company’s condensed consolidated financial statements since the date of the Solcius Acquisition. Purchase Price Allocation Under the purchase method of accounting, the transaction was valued for accounting purposes at $ 52,111 15,600 SCHEDULE OF BUSINESS ACQUISITION LIABILITIES AND ASSETS ACQUIRED (in thousands) Base purchase price $ 51,750 Working capital shortfall (1,131 ) Cash surplus 1,492 Total purchase price paid $ 52,111 Cash $ 1,492 Accounts receivable 1,729 Inventory 3,833 Contract assets 7,336 Prepaids and other current assets 1,603 Property and equipment 143 Deposits 91 Operating lease right-of-use asset 1,885 Finance lease right-of-use assets 1,200 Other intangible assets 15,600 Identifiable assets acquired 34,912 Accounts payable and accrued liabilities (6,957 ) Contract liabilities (5,273 ) Operating and finance lease liabilities (2,757 ) Liabilities assumed (14,987 ) Net identifiable assets acquired 19,925 Goodwill 32,186 Net assets acquired $ 52,111 During the three months ended March 31, 2021, we recorded total transaction costs related to the Solcius Acquisition of $ 710 . These expenses were accounted for separately from the net assets acquired and were included in general and administrative expense for the three months ended March 31, 2021. We will continue to conduct assessments of the net assets acquired and recognized amounts for identifiable assets acquired and liabilities assumed at their estimated acquisition date fair values. We expect that our assessment will be finalized in the second quarter of 2022. Pro Forma Information (Unaudited) The results of operations for the Solcius Acquisition since the April 8, 2021 closing date have been included in our consolidated financial statements. The following unaudited pro forma financial information represents a summary of the condensed consolidated results of operations for the quarters ended March 31, 2022 and 2021, assuming the Solcius Acquisition had been completed as of January 1, 2020. The pro forma financial information includes certain non-recurring pro forma adjustments that were directly attributable to the business combination. The proforma adjustments include the elimination of Solcius Acquisition transaction expenses totaling $ 710 incurred in the first quarter of 2021, and adjustments to recognize amortization of intangible assets, retention stock-based compensation programs and retention bonus accruals in 2022 and 2021. The retention bonus expense is recognized over the first year following the Solcius Acquisition. The pro forma financial information is not necessarily indicative of the results of operations that would have been achieved if the Solcius Acquisition had been effective as of these dates, or of future results. SCHEDULE OF BUSINESS ACQUISITION PROFORMA STATEMENTS OF OPERATIONS March 31, 2022 March 31, 2021 Three Months Ended March 31, 2022 March 31, 2021 Revenue, net $ 31,196 $ 30,811 Net Loss $ (6,819 ) $ (4,132 )

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	4. REVENUE FROM CONTRACTS WITH CUSTOMERS The following table represents a disaggregation of revenue by customer type from contracts with customers for the three months ended March 31, 2022 and 2021: SCHEDULE OF DISAGGREGATION OF REVENUE 2022 2021 Three Months Ended March 31, 2022 2021 Residential $ 26,999 $ 1,530 Commercial 2,788 2,995 Public Works 1,409 1,644 Total $ 31,196 $ 6,169 Contract assets represent revenues recognized in excess of amounts invoiced on contracts in progress. Contract liabilities represent billings in excess of revenues recognized on contracts in progress. At March 31, 2022 and December 31, 2021, the contract asset balances were $ 16,005 14,498 13,183 12,201

OPERATING SEGMENTS

OPERATING SEGMENTS	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
OPERATING SEGMENTS	5. OPERATING SEGMENTS In Q1 2022 the Company assessed its operating segment disclosure based on ASC 280, Segment Reporting Residential Solar Through our Solcius operating subsidiary, we design, arrange financing, integrate, install, and manage systems, primarily for residential homeowners. We sell residential solar systems through multiple channels, through our network of sales channel partners, as well as, a growing direct sales channel strategy. We operate in several residential markets including California, Utah, Nevada, Arizona, New Mexico, Texas, Colorado, Minnesota, Wisconsin, and South Carolina. We have direct sales and/or operations personnel in California, Nevada, Utah, Arizona, New Mexico, Texas, Colorado, South Carolina, Wisconsin and Minnesota. Commercial Solar Through our Commercial Solar Energy subsidiary, we design, arrange financing, integrate, install, and manage systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems primarily for larger commercial and public works projects. Commercial installations have included installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Public works installations have included school districts, local municipalities, federal facilities and higher education institutions. Historically, the Commercial Solar Energy subsidiary participated in the California Residential solar market. Following the Solcius Acquisition, all new residential sales are managed under the Solcius brand. Due to materiality, the company will continue to report the remaining backlog of Residential projects in the Commercial Solar Energy segment, which is expected to be fulfilled within the next year. Commercial Solar primarily operates in California. Segment net revenue, segment operating expenses and segment contribution (loss) information consisted of the following for the three months ended March 31, 2022. SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT Solcius CSE Corporate Total Three Months Ended March 31, 2022 Residential Solar Commercial Solar Corporate Total Net revenue $ 26,394 $ 4,802 $ - $ 31,196 Cost of sales 13,193 3,971 - 17,164 Gross profit 13,201 831 14,032 Operating expenses Selling and marketing 11,132 851 246 12,229 General and administrative 4,397 1,468 1,572 7,437 Segment loss (2,328 ) (1,488 ) (1,818 ) (5,634 ) Stock-based compensation 705 35 544 1,284 Depreciation and amortization 1,241 42 - 1,283 Operating loss $ (4,274 ) $ (1,565 ) $ (2,362 ) $ (8,201 )

RIGHT-OF-USE OPERATING LEASES

RIGHT-OF-USE OPERATING LEASES	3 Months Ended
	Mar. 31, 2022
Right-of-use Operating Leases
RIGHT-OF-USE OPERATING LEASES	6. RIGHT-OF-USE OPERATING LEASES The Company has Right of Use (“ROU”) operating leases for offices, warehouses, vehicles, and office equipment. The Company’s leases have remaining lease terms of 1 year to 5 years, some of which include options to extend. The Company’s operating lease expense for the three months ended March 31, 2022 and 2021 amounted to $ 427 and $ 314 , respectively. Operating lease payments, which reduced operating cash flows for the three months ended March 31, 2022 and 2021 amounted to $ 427 and $ 314 , respectively. The difference between the ROU asset amortization of $ 263 and the associated lease expense of $ 427 consists of short-term leases excluded from the ROU asset calculation, basic operating lease expenses included in the lease expense for property and sales taxes, triple net and common area charges for facilities and other equipment and vehicle lease related charges. Supplemental balance sheet information related to leases is as follows: SCHEDULE OF OPERATING LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION March 31, 2022 (in thousands) Operating lease right-of-use assets $ 2,293 Operating lease liabilities—short term 947 Operating lease liabilities—long term 1,346 Total operating lease liabilities $ 2,293 As of March 31, 2022, the weighted average remaining lease term was 3.4 years and the discount rate for the Company’s leases was 3.1 %. Minimum payments for the operating leases are as follows: SCHEDULE OF MATURITIES FOR OPERATING LEASES LIABILITIES Operating Leases (in thousands) 2022 – Remainder of Year $ 777 2023 700 2024 324 2025 306 2026 281 Thereafter - Total lease payments $ 2,388 Less: imputed interest 95 Total $ 2,293

RIGHT-OF-USE FINANCE LEASES

RIGHT-OF-USE FINANCE LEASES	3 Months Ended
	Mar. 31, 2022
Right-of-use Finance Leases
RIGHT-OF-USE FINANCE LEASES	7. RIGHT-OF-USE FINANCE LEASES The Company has finance leases for vehicles. The Company’s finance leases have remaining lease terms of 1 5 Supplemental balance sheet information related to finance leases is as follows: SCHEDULE OF FINANCE LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION March 31, 2022 (in thousands) Finance lease right-of-use asset cost $ 2,152 Finance lease right-of-use accumulated amortization (639 ) Finance lease right of use asset, net $ 1,513 Finance lease obligation—short term $ 438 Finance lease obligation—long term 601 Total finance lease obligation $ 1,039 As of March 31, 2022, the weighted average remaining lease term was 2.6 4.3 Minimum finance lease payments for the remaining lease terms are as follows: SCHEDULE OF MATURITIES FOR FINANCE LEASES LIABILITIES March 31, 2022 (in thousands) Remainder of 2022 $ 382 2023 331 2024 196 2025 166 2026 28 Thereafter - Total lease payments $ 1,103 Less: imputed interest 64 Total $ 1,039

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS, NET	8. INTANGIBLE ASSETS, NET The Company’s intangible assets at March 31, 2022 consist of the following: SCHEDULE OF INTANGIBLE ASSETS Amortization Cost Accumulated amortization Net carrying value Trademarks 10 $ 5,200 $ (520 ) $ 4,680 Backlog of projects 9 2,000 (2,000 ) - Covenant not-to-compete 3 2,400 (800 ) 1,600 Software (included in property and equipment) 3 3,400 (1,133 ) 2,267 Dealer relationships 18 2,600 (1,733 ) 867 $ 15,600 $ (6,186 ) $ 9,414 Intangible assets are stated at their original estimated value at the date of acquisition. The amortization of intangible assets commences upon acquisition. The intangible assets are being amortized using the straight-line method over the intangible asset’s estimated useful life: Amortization expenses for intangible assets for the three months ended March 31, 2022 was as follows: SCHEDULE OF AMORTIZATION EXPENSES OF INTANGIBLE ASSETS For the Three Months Ended March 31, 2022 Trademarks $ 130 Covenant not-to-compete 200 Software 283 Dealer relationships 433 Amortization expenses for intangible assets $ 1,046 Estimated future amortization expense for the Company’s intangible assets as of March 31, 2022 is as follows: SCHEDULE OF FUTURE AMORTIZATION EXPENSES OF INTANGIBLE ASSETS Years ending December 31, Remainder of 2022 $ 2,707 2023 $ 2,453 2024 $ 1,004 2025 $ 520 2026 $ 520 Thereafter $ 2,210 Depreciation and amortization expense on property and equipment and intangible assets for the three months ended March 31, 2022 and 2021 was $ 1,283 65

CAPITAL STOCK

CAPITAL STOCK	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
CAPITAL STOCK	9. CAPITAL STOCK On February 10, 2021, the Company entered into a Sales Agreement (the “Roth Sales Agreement”) with Roth Capital Partners, LLC (the “Agent RCP”), pursuant to which the Company could offer and sell from time to time, through the Agent RCP, shares of the Company’s common stock, registered under the Securities Act, pursuant to the Registration Statement filed on Form S-3. On October 21, 2021, the Company filed a prospectus supplement with the SEC, pursuant to which the Company could offer and sell from time to time, through the Agent RCP, shares of the Company’s common stock, registered under the Securities Act, pursuant to the Registration Statement. In accordance with the terms of the Roth Sales Agreement, we may offer and sell shares of our common stock under this prospectus supplement having an aggregate offering price of up to $ 25,000 million (the “Placement Shares”) from time to time through or to Agent RCP, as sales agent or principal. Sales of shares pursuant to the Roth Sales Agreement are deemed to be “at the market offerings” as defined in Rule 415 promulgated under the Securities Act. The Agent RCP has agreed to act as sales agent and use commercially reasonable efforts to sell on the Company’s behalf all of the shares requested to be sold by the Company, consistent with its normal trading and sales practices, on mutually agreed terms between the Agent RCP and the Company. 2,757,830 shares of common stock were sold under the Roth Sales Agreement between March 16, 2022 and March 29, 2022. Total gross proceeds for the Placement Shares were $ 7,974 or $ 2.89 per share. Net proceeds after brokerage costs, professional, registration and other fees were $ 7,814 or $ 2.83 per share.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	10. STOCK-BASED COMPENSATION Options As of March 31, 2022, the Company has incentive stock options and non-qualified stock options outstanding to purchase 282,433 shares of common stock, per the terms set forth in the option agreements. The stock options vest at various times and are exercisable for a period of five years from the date of grant at exercise prices ranging from $ 2.52 to $ 12.15 per share, the market value of the Company’s common stock on the date of each grant. The Company determined the fair market value of these options by using the Black Scholes option valuation model. Option forfeitures are accounted for as they occur. A summary of the Company’s stock option activity and related information follows: SCHEDULE OF SHARE-BASED COMPENSATION, STOCK OPTIONS ACTIVITY March 31, 2022 Weighted Number Average of Exercise Options Price Outstanding, at December 31, 2021 290,684 $ 11.65 Granted - - Exercised - - Forfeited (8,251 ) 8.38 Expired - - Outstanding and expected to vest as of March 31, 2022 282,433 $ 11.75 Exercisable at March 31, 2022 20,899 $ 7.40 Weighted average fair value of options granted during period $ - The following summarizes the options to purchase shares of the Company’s common stock which were outstanding at March 31, 2022: SCHEDULE OF SHARE-BASED COMPENSATION, SHARES AUTHORIZED UNDER STOCK OPTION PLANS, BY EXERCISE PRICE RANGE Weighted Average Remaining Exercisable Stock Options Stock Options Contractual Prices Outstanding Exercisable Life (years) $ 10.50 5,713 5,713 0.13 $ 8.68 7,142 7,142 1.12 $ 7.63 2,142 2,142 1.16 $ 3.07 3,071 2,730 2.38 $ 2.52 4,365 3,172 2.51 $ 12.15 260,000 - 4.04 282,433 20,899 Aggregate intrinsic value of options outstanding and exercisable at March 31, 2022 and December 31, 2021 was $ 0 2 2.52 3.07 The Company recorded stock-based compensation expense for stock options of $ 671 12 Restricted Stock Units The following table summarizes the Company’s restricted stock unit activity during the three months ended March 31, 2022: SCHEDULE OF STOCK-BASED COMPENSATION, RESTRICTED STOCK UNIT ACTIVITY March 31, 2022 Weighted Average Number Of Shares Grant Date Value per Share Unvested, beginning December 31, 2021 1,185,889 $ 5.11 Granted 152,208 $ 2.48 Vested (111,667 ) $ 8.25 Forfeited - $ - Unvested at the end of March 31, 2022 1,226,430 $ 4.50 The total combined stock option, RSU compensation and restricted stock expense recognized in the condensed consolidated statements of operations during the three months ended March 31, 2022 and 2021 was $ 1,284 151

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	11. COMMITMENTS AND CONTINGENCIES Litigation From time to time, the Company is involved in routine litigation that arises in the ordinary course of business. There are no pending significant legal proceedings to which the Company is a party for which management believes the ultimate outcome would have a negative impact on the Company’s financial position.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	12. SUBSEQUENT EVENTS Between April 1, 2022 and April 7, 2022, 783,257 shares of common stock were sold, issued and trades settled under the Roth Sales Agreement. Total gross proceeds for the shares were approximately $ 2,080 or $ 2.66 per share. Net proceeds after issuance costs were approximately $ 2,038 or $ 2.60 per share.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Sunworks, Inc., and its wholly-owned operating subsidiaries: Sunworks United Inc., Commercial Solar Energy, Inc. and Solcius LLC. All material intercompany transactions have been eliminated upon consolidation of these entities.
Segment Reporting	Segment Reporting We currently operate in three segments based upon our organizational structure and the way in which our operations are managed and evaluated. The largest segment is residential operations which are projects smaller in size and shorter in duration. Our second operating segment is commercial operations which includes projects that are commonly larger in size and longer in duration serving commercial, industrial, agricultural and public works customers. Our third segment is the corporate office that is responsible for general company oversight and management. Separating the corporate costs from the residential and commercial operations simplifies the performance evaluation of the Residential and Commercial segments.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include estimates used to review the Company’s goodwill, intangibles, impairments and estimations of long-lived assets, revenue recognition on construction contracts recognized over time, fair value of assets acquired and liabilities assumed in a business combination, allowances for uncollectible accounts, finance lease right-of-use assets and liabilities, operating lease right-of-use assets and liabilities, warranty reserves, inventory valuation, valuations of non-cash capital stock issuances and the valuation allowance on deferred tax assets. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
Revenue Recognition	Revenue Recognition Revenue and related costs on construction contracts are recognized as the performance obligations for work are satisfied over time in accordance with Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers. Under ASC 606, revenue and associated profit, engineering, procurement and construction (“EPC”) projects for residential and smaller commercial systems that require us to deliver functioning solar power systems are generally completed within two to twelve months from commencement of construction. Construction on larger commercial projects may be completed within eighteen to thirty-six months, depending on the size and location. We recognize revenue from commercial EPC services over time as our performance creates or enhances an energy generation asset controlled by the customer. For residential contracts, the Company recognizes revenue upon completion of the job as determined by final inspection. We recognize revenue for systems operations and maintenance over the term of the service period. For commercial projects, we commence recognizing performance revenue when work starts on the job and continue recognizing revenue over time as work is performed based on the ratio of costs incurred, excluding modules and components, compared to the total estimated non-materials costs at completion of the performance obligations. Judgment is required to evaluate assumptions including the amount of net contract revenue and the total estimated costs to determine the Company’s progress towards contract completion and to calculate the corresponding amount of revenue to recognize. If estimated total costs on any contract are greater than the net contract revenue, the Company recognizes the entire estimated loss in the period the loss becomes known. Changes in estimates for commercial projects occur for a variety of reasons, including, but not limited to (i) construction plan accelerations or delays, (ii) product cost forecast changes, (iii) change orders, or (iv) changes in other information used to estimate costs. Changes in estimates may have a material effect in the Company’s condensed consolidated statements of operations. The table below outlines the impact on revenue of net changes in estimated transaction prices and input costs for systems related sales contracts (both increases and decreases) for the three months ended March 31, 2022 and 2021 as well as the number of projects that comprise such changes. For purposes of the following table, only projects with changes in estimates that have an impact on revenue and or cost of at least $100, calculated on a quarterly basis during the periods, were presented. Also included in the table is the net change in estimate as a percentage of the aggregate revenue for such projects. SCHEDULE OF CHANGES IN ESTIMATE AGGREGATE REVENUE Three Months (In thousands, except number of projects) March 31, 2022 March 31, 2021 Increase in revenue from net changes in transaction prices $ 457 $ 9 Increase (decrease) in revenue from net changes in input cost estimates (461 ) 3 Net increase (decrease) in revenue from net changes in estimates $ (4 ) $ 12 Number of projects 3 2 Net change in estimate as a percentage of aggregate revenue for associated projects ( 0.1 )% 0.4 %
Contract Assets and Liabilities	Contract Assets and Liabilities Contract assets consist of (i) the earned, but unbilled, portion of a project for which payment is deferred by the customer until certain contractual milestones are met; (ii) direct costs, including commissions, labor related costs and permitting fees paid prior to recording revenue, and (iii) unbilled receivables which represent revenue that has been recognized in advance of billing the customer, which is common for larger construction contracts. Contract liabilities consist of deferred revenue, customer deposits and customer advances, which represent consideration received from a customer prior to transferring control of goods or services to the customer under the terms of a contract. Total contract assets and contract liabilities balances as of the respective dates are as follows: SCHEDULE OF CONTRACT ASSETS AND LIABILITIES As of (In thousands) March 31, 2022 December 31, 2021 Contract Assets $ 16,005 $ 14,498 Contract Liabilities 13,183 12,201 During the quarter ended March 31, 2022, the Company recognized revenue of $ 1,403 1,470 The following table represents the average percentage of completion as of March 31, 2022 for EPC projects that the Company is constructing. The Company expects to recognize $ 16,186 SCHEDULE OF REVENUE RECOGNIZE UPON TRANSFER CONTROL OF PROJECTS Project Revenue Category Expected Years Revenue Recognition Will Be Completed Average Percentage of Revenue Recognized Various Projects EPC services 2022 - 2023 64.3 %
Basic and Diluted Net (Loss) per Share Calculations	Basic and Diluted Net (Loss) per Share Calculations (Loss) per Share dictates the calculation of basic earnings (loss) per share and diluted earnings per share. Basic earnings (loss) per share are computed by dividing income (loss) available to holders of common stock by the weighted-average number of shares of common stock outstanding. Diluted earnings per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential shares of common stock had been issued and if the additional shares of common stock were dilutive. The shares for employee options, restricted stock, warrants and convertible notes were not used in the calculation of the net loss per share. A net loss causes all outstanding common stock options and unvested restricted stock units (“RSUs”) to be anti-dilutive. As a result, the basic and diluted losses per common share are the same for the three months ended March 31, 2022 and 2021, respectively. As of March 31, 2022, the potentially dilutive securities that have been excluded from the computations of weighted average shares outstanding include 282,433 stock options and 1,226,430 unvested RSUs. As of March 31, 2021, the potentially dilutive securities that have been excluded from the computations of weighted average shares outstanding include 88,411 stock options and 210,000 unvested RSUs. Dilutive per share amounts are computed using the weighted-average number of shares of common stock outstanding and potentially dilutive securities, using the treasury stock method, if their effect would be dilutive.
New Accounting Pronouncements	New Accounting Pronouncements Management reviewed currently issued pronouncements during the three months ended March 31, 2022, and believes that any recently issued, but not yet effective, accounting standards, if currently adopted, would not have a material effect on the accompanying condensed consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SCHEDULE OF CHANGES IN ESTIMATE AGGREGATE REVENUE	SCHEDULE OF CHANGES IN ESTIMATE AGGREGATE REVENUE Three Months (In thousands, except number of projects) March 31, 2022 March 31, 2021 Increase in revenue from net changes in transaction prices $ 457 $ 9 Increase (decrease) in revenue from net changes in input cost estimates (461 ) 3 Net increase (decrease) in revenue from net changes in estimates $ (4 ) $ 12 Number of projects 3 2 Net change in estimate as a percentage of aggregate revenue for associated projects ( 0.1 )% 0.4 %
SCHEDULE OF CONTRACT ASSETS AND LIABILITIES	SCHEDULE OF CONTRACT ASSETS AND LIABILITIES As of (In thousands) March 31, 2022 December 31, 2021 Contract Assets $ 16,005 $ 14,498 Contract Liabilities 13,183 12,201
SCHEDULE OF REVENUE RECOGNIZE UPON TRANSFER CONTROL OF PROJECTS	SCHEDULE OF REVENUE RECOGNIZE UPON TRANSFER CONTROL OF PROJECTS Project Revenue Category Expected Years Revenue Recognition Will Be Completed Average Percentage of Revenue Recognized Various Projects EPC services 2022 - 2023 64.3 %

BUSINESS ACQUISITION (Tables)

BUSINESS ACQUISITION (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
SCHEDULE OF BUSINESS ACQUISITION LIABILITIES AND ASSETS ACQUIRED	SCHEDULE OF BUSINESS ACQUISITION LIABILITIES AND ASSETS ACQUIRED (in thousands) Base purchase price $ 51,750 Working capital shortfall (1,131 ) Cash surplus 1,492 Total purchase price paid $ 52,111 Cash $ 1,492 Accounts receivable 1,729 Inventory 3,833 Contract assets 7,336 Prepaids and other current assets 1,603 Property and equipment 143 Deposits 91 Operating lease right-of-use asset 1,885 Finance lease right-of-use assets 1,200 Other intangible assets 15,600 Identifiable assets acquired 34,912 Accounts payable and accrued liabilities (6,957 ) Contract liabilities (5,273 ) Operating and finance lease liabilities (2,757 ) Liabilities assumed (14,987 ) Net identifiable assets acquired 19,925 Goodwill 32,186 Net assets acquired $ 52,111
SCHEDULE OF BUSINESS ACQUISITION PROFORMA STATEMENTS OF OPERATIONS	SCHEDULE OF BUSINESS ACQUISITION PROFORMA STATEMENTS OF OPERATIONS March 31, 2022 March 31, 2021 Three Months Ended March 31, 2022 March 31, 2021 Revenue, net $ 31,196 $ 30,811 Net Loss $ (6,819 ) $ (4,132 )

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
SCHEDULE OF DISAGGREGATION OF REVENUE	The following table represents a disaggregation of revenue by customer type from contracts with customers for the three months ended March 31, 2022 and 2021: SCHEDULE OF DISAGGREGATION OF REVENUE 2022 2021 Three Months Ended March 31, 2022 2021 Residential $ 26,999 $ 1,530 Commercial 2,788 2,995 Public Works 1,409 1,644 Total $ 31,196 $ 6,169

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT	Segment net revenue, segment operating expenses and segment contribution (loss) information consisted of the following for the three months ended March 31, 2022. SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT Solcius CSE Corporate Total Three Months Ended March 31, 2022 Residential Solar Commercial Solar Corporate Total Net revenue $ 26,394 $ 4,802 $ - $ 31,196 Cost of sales 13,193 3,971 - 17,164 Gross profit 13,201 831 14,032 Operating expenses Selling and marketing 11,132 851 246 12,229 General and administrative 4,397 1,468 1,572 7,437 Segment loss (2,328 ) (1,488 ) (1,818 ) (5,634 ) Stock-based compensation 705 35 544 1,284 Depreciation and amortization 1,241 42 - 1,283 Operating loss $ (4,274 ) $ (1,565 ) $ (2,362 ) $ (8,201 )

RIGHT-OF-USE OPERATING LEASES (

RIGHT-OF-USE OPERATING LEASES (Tables)	3 Months Ended
	Mar. 31, 2022
Right-of-use Operating Leases
SCHEDULE OF OPERATING LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION	Supplemental balance sheet information related to leases is as follows: SCHEDULE OF OPERATING LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION March 31, 2022 (in thousands) Operating lease right-of-use assets $ 2,293 Operating lease liabilities—short term 947 Operating lease liabilities—long term 1,346 Total operating lease liabilities $ 2,293
SCHEDULE OF MATURITIES FOR OPERATING LEASES LIABILITIES	Minimum payments for the operating leases are as follows: SCHEDULE OF MATURITIES FOR OPERATING LEASES LIABILITIES Operating Leases (in thousands) 2022 – Remainder of Year $ 777 2023 700 2024 324 2025 306 2026 281 Thereafter - Total lease payments $ 2,388 Less: imputed interest 95 Total $ 2,293

RIGHT-OF-USE FINANCE LEASES (Ta

RIGHT-OF-USE FINANCE LEASES (Tables)	3 Months Ended
	Mar. 31, 2022
Right-of-use Finance Leases
SCHEDULE OF FINANCE LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION	Supplemental balance sheet information related to finance leases is as follows: SCHEDULE OF FINANCE LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION March 31, 2022 (in thousands) Finance lease right-of-use asset cost $ 2,152 Finance lease right-of-use accumulated amortization (639 ) Finance lease right of use asset, net $ 1,513 Finance lease obligation—short term $ 438 Finance lease obligation—long term 601 Total finance lease obligation $ 1,039
SCHEDULE OF MATURITIES FOR FINANCE LEASES LIABILITIES	Minimum finance lease payments for the remaining lease terms are as follows: SCHEDULE OF MATURITIES FOR FINANCE LEASES LIABILITIES March 31, 2022 (in thousands) Remainder of 2022 $ 382 2023 331 2024 196 2025 166 2026 28 Thereafter - Total lease payments $ 1,103 Less: imputed interest 64 Total $ 1,039

INTANGIBLE ASSETS, NET (Tables)

INTANGIBLE ASSETS, NET (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	The Company’s intangible assets at March 31, 2022 consist of the following: SCHEDULE OF INTANGIBLE ASSETS Amortization Cost Accumulated amortization Net carrying value Trademarks 10 $ 5,200 $ (520 ) $ 4,680 Backlog of projects 9 2,000 (2,000 ) - Covenant not-to-compete 3 2,400 (800 ) 1,600 Software (included in property and equipment) 3 3,400 (1,133 ) 2,267 Dealer relationships 18 2,600 (1,733 ) 867 $ 15,600 $ (6,186 ) $ 9,414
SCHEDULE OF AMORTIZATION EXPENSES OF INTANGIBLE ASSETS	Amortization expenses for intangible assets for the three months ended March 31, 2022 was as follows: SCHEDULE OF AMORTIZATION EXPENSES OF INTANGIBLE ASSETS For the Three Months Ended March 31, 2022 Trademarks $ 130 Covenant not-to-compete 200 Software 283 Dealer relationships 433 Amortization expenses for intangible assets $ 1,046
SCHEDULE OF FUTURE AMORTIZATION EXPENSES OF INTANGIBLE ASSETS	Estimated future amortization expense for the Company’s intangible assets as of March 31, 2022 is as follows: SCHEDULE OF FUTURE AMORTIZATION EXPENSES OF INTANGIBLE ASSETS Years ending December 31, Remainder of 2022 $ 2,707 2023 $ 2,453 2024 $ 1,004 2025 $ 520 2026 $ 520 Thereafter $ 2,210

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
SCHEDULE OF SHARE-BASED COMPENSATION, STOCK OPTIONS ACTIVITY	A summary of the Company’s stock option activity and related information follows: SCHEDULE OF SHARE-BASED COMPENSATION, STOCK OPTIONS ACTIVITY March 31, 2022 Weighted Number Average of Exercise Options Price Outstanding, at December 31, 2021 290,684 $ 11.65 Granted - - Exercised - - Forfeited (8,251 ) 8.38 Expired - - Outstanding and expected to vest as of March 31, 2022 282,433 $ 11.75 Exercisable at March 31, 2022 20,899 $ 7.40 Weighted average fair value of options granted during period $ -
SCHEDULE OF SHARE-BASED COMPENSATION, SHARES AUTHORIZED UNDER STOCK OPTION PLANS, BY EXERCISE PRICE RANGE	The following summarizes the options to purchase shares of the Company’s common stock which were outstanding at March 31, 2022: SCHEDULE OF SHARE-BASED COMPENSATION, SHARES AUTHORIZED UNDER STOCK OPTION PLANS, BY EXERCISE PRICE RANGE Weighted Average Remaining Exercisable Stock Options Stock Options Contractual Prices Outstanding Exercisable Life (years) $ 10.50 5,713 5,713 0.13 $ 8.68 7,142 7,142 1.12 $ 7.63 2,142 2,142 1.16 $ 3.07 3,071 2,730 2.38 $ 2.52 4,365 3,172 2.51 $ 12.15 260,000 - 4.04 282,433 20,899
SCHEDULE OF STOCK-BASED COMPENSATION, RESTRICTED STOCK UNIT ACTIVITY	The following table summarizes the Company’s restricted stock unit activity during the three months ended March 31, 2022: SCHEDULE OF STOCK-BASED COMPENSATION, RESTRICTED STOCK UNIT ACTIVITY March 31, 2022 Weighted Average Number Of Shares Grant Date Value per Share Unvested, beginning December 31, 2021 1,185,889 $ 5.11 Granted 152,208 $ 2.48 Vested (111,667 ) $ 8.25 Forfeited - $ - Unvested at the end of March 31, 2022 1,226,430 $ 4.50

SCHEDULE OF CHANGES IN ESTIMATE

SCHEDULE OF CHANGES IN ESTIMATE AGGREGATE REVENUE (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)Projects	Mar. 31, 2021USD ($)Projects
Accounting Policies [Abstract]
Increase in revenue from net changes in transaction prices	$ 457	$ 9
Increase (decrease) in revenue from net changes in input cost estimates	(461)	3
Net increase (decrease) in revenue from net changes in estimates	$ (4)	$ 12
Number of projects | Projects	3	2
Net change in estimate as a percentage of aggregate revenue for associated projects	0.10%	0.40%

SCHEDULE OF CONTRACT ASSETS AND

SCHEDULE OF CONTRACT ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Contract Assets	$ 16,005	$ 14,498
Contract Liabilities	$ 13,183	$ 12,201

SCHEDULE OF REVENUE RECOGNIZE U

SCHEDULE OF REVENUE RECOGNIZE UPON TRANSFER CONTROL OF PROJECTS (Details)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Project	Various Projects
Revenue Category	EPC services
Expected Year Revenue Recognition Will Be Completed	2022 - 2023
Average Percentage of Revenue Recognized	64.30%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Contract with customer liability revenue recognized	$ 1,403	$ 1,470
Revenue from contract with customer transfer of control projects	$ 16,186
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	282,433	88,411
Unvested Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,226,430	210,000

SCHEDULE OF BUSINESS ACQUISITIO

SCHEDULE OF BUSINESS ACQUISITION LIABILITIES AND ASSETS ACQUIRED (Details) - USD ($) $ in Thousands	Apr. 08, 2021	Mar. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill		$ 32,186	$ 32,186
Solcius Holdings, LLC [Member]
Business Acquisition [Line Items]
Base purchase price	$ 51,750
Working capital shortfall	(1,131)
Cash surplus	1,492
Total purchase price paid	52,111
Cash	1,492
Accounts receivable	1,729
Inventory	3,833
Contract assets	7,336
Prepaids and other current assets	1,603
Property and equipment	143
Deposits	91
Operating lease right-of-use asset	1,885
Finance lease right-of-use assets	1,200
Other intangible assets	15,600
Identifiable assets acquired	34,912
Accounts payable and accrued liabilities	(6,957)
Contract liabilities	(5,273)
Operating and finance lease liabilities	(2,757)
Liabilities assumed	(14,987)
Net identifiable assets acquired	19,925
Goodwill	32,186
Net assets acquired	$ 52,111

SCHEDULE OF BUSINESS ACQUISIT_2

SCHEDULE OF BUSINESS ACQUISITION PROFORMA STATEMENTS OF OPERATIONS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Revenue, net	$ 31,196	$ 30,811
Net Loss	$ (6,819)	$ (4,132)

BUSINESS ACQUISITION (Details N

BUSINESS ACQUISITION (Details Narrative) - Solcius Holdings, LLC [Member] - USD ($) $ in Thousands	Apr. 08, 2021	Mar. 31, 2021
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 51,750
Business combination, consideration transferred	52,111
Other intangible assets	$ 15,600
Business Acquisition, Transaction Costs		$ 710
[custom:EliminationOfBusinessCombinationTransactionCost]		$ 710

SCHEDULE OF DISAGGREGATION OF R

SCHEDULE OF DISAGGREGATION OF REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Total	$ 31,196	$ 6,169
Residential [Member]
Disaggregation of Revenue [Line Items]
Total	26,999	1,530
Commercial [Member]
Disaggregation of Revenue [Line Items]
Total	2,788	2,995
Public Works [Member]
Disaggregation of Revenue [Line Items]
Total	$ 1,409	$ 1,644

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details Narrative) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Contract assets	$ 16,005	$ 14,498
Contract liabilities	$ 13,183	$ 12,201

SCHEDULE OF SEGMENT REPORTING I

SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Net revenue	$ 31,196	$ 6,169
Cost of sales	17,164	6,078
Gross profit	14,032	91
Operating expenses
Selling and marketing	12,229	1,231
General and administrative	7,437	3,452
Segment loss	(5,634)
Stock-based compensation	1,284	151
Depreciation and amortization	1,283	65
Operating loss	(8,201)	$ (4,808)
Residential Solar [Member]
Segment Reporting Information [Line Items]
Net revenue	26,394
Cost of sales	13,193
Gross profit	13,201
Operating expenses
Selling and marketing	11,132
General and administrative	4,397
Segment loss	(2,328)
Stock-based compensation	705
Depreciation and amortization	1,241
Operating loss	(4,274)
Commercial Solar [Member]
Segment Reporting Information [Line Items]
Net revenue	4,802
Cost of sales	3,971
Gross profit	831
Operating expenses
Selling and marketing	851
General and administrative	1,468
Segment loss	(1,488)
Stock-based compensation	35
Depreciation and amortization	42
Operating loss	(1,565)
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Net revenue
Cost of sales
Operating expenses
Selling and marketing	246
General and administrative	1,572
Segment loss	(1,818)
Stock-based compensation	544
Depreciation and amortization
Operating loss	$ (2,362)

SCHEDULE OF OPERATING LEASES SU

SCHEDULE OF OPERATING LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Right-of-use Operating Leases
Operating lease right-of-use assets	$ 2,293	$ 2,502
Operating lease liabilities—short term	947	993
Operating lease liabilities—long term	1,346	$ 1,509
Total operating lease liabilities	$ 2,293

SCHEDULE OF MATURITIES FOR OPER

SCHEDULE OF MATURITIES FOR OPERATING LEASES LIABILITIES (Details) $ in Thousands	Mar. 31, 2022USD ($)
Right-of-use Operating Leases
2022 – Remainder of Year	$ 777
2023	700
2024	324
2025	306
2026	281
Thereafter
Total lease payments	2,388
Less: imputed interest	95
Total	$ 2,293

RIGHT-OF-USE OPERATING LEASES_2

RIGHT-OF-USE OPERATING LEASES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Lease, Expense	$ 427	$ 314
Operating Lease, Payments	427	$ 314
Operating Lease, Right-of-Use Asset, Amortization Expense	$ 263
Operating Lease, Weighted Average Remaining Lease Term	3 years 4 months 24 days
Operating Lease, Weighted Average Discount Rate, Percent	3.10%
Addition to Basic Operating Lease [Member]
Operating Lease, Expense	$ 427
Minimum [Member]
Lessee, Operating Lease, Term of Contract	1 year
Maximum [Member]
Lessee, Operating Lease, Term of Contract	5 years

SCHEDULE OF FINANCE LEASES SUPP

SCHEDULE OF FINANCE LEASES SUPPLEMENTAL BALANCE SHEET INFORMATION (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Right-of-use Finance Leases
Finance lease right-of-use asset cost	$ 2,152
Finance lease right-of-use accumulated amortization	(639)
Finance lease right of use asset, net	1,513	$ 1,407
Finance lease obligation—short term	438	424
Finance lease obligation—long term	601	$ 542
Total finance lease obligation	$ 1,039

SCHEDULE OF MATURITIES FOR FINA

SCHEDULE OF MATURITIES FOR FINANCE LEASES LIABILITIES (Details) $ in Thousands	Mar. 31, 2022USD ($)
Right-of-use Finance Leases
Remainder of 2022	$ 382
2023	331
2024	196
2025	166
2026	28
Thereafter
Total lease payments	1,103
Less: imputed interest	64
Total	$ 1,039

RIGHT-OF-USE FINANCE LEASES (De

RIGHT-OF-USE FINANCE LEASES (Details Narrative)	Mar. 31, 2022
Finance lease, weighted average remaining lease term	2 years 7 months 6 days
Finance lease, weighted average discount rate, percent	4.30%
Minimum [Member]
Lessee, finance lease, term of contract	1 year
Maximum [Member]
Lessee, finance lease, term of contract	5 years

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 15,600
Finite-Lived Intangible Assets, Accumulated Amortization	(6,186)
Finite-Lived Intangible Assets, Net	$ 9,414
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization periods	10 years
Finite-Lived Intangible Assets, Gross	$ 5,200
Finite-Lived Intangible Assets, Accumulated Amortization	(520)
Finite-Lived Intangible Assets, Net	$ 4,680
Backlog of projects [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization periods	9 months
Finite-Lived Intangible Assets, Gross	$ 2,000
Finite-Lived Intangible Assets, Accumulated Amortization	(2,000)
Finite-Lived Intangible Assets, Net
Covenant not-to-compete [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization periods	3 years
Finite-Lived Intangible Assets, Gross	$ 2,400
Finite-Lived Intangible Assets, Accumulated Amortization	(800)
Finite-Lived Intangible Assets, Net	$ 1,600
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization periods	3 years
Finite-Lived Intangible Assets, Gross	$ 3,400
Finite-Lived Intangible Assets, Accumulated Amortization	(1,133)
Finite-Lived Intangible Assets, Net	$ 2,267
Dealer relationship [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization periods	18 months
Finite-Lived Intangible Assets, Gross	$ 2,600
Finite-Lived Intangible Assets, Accumulated Amortization	(1,733)
Finite-Lived Intangible Assets, Net	$ 867

SCHEDULE OF AMORTIZATION EXPENS

SCHEDULE OF AMORTIZATION EXPENSES OF INTANGIBLE ASSETS (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Finite-Lived Intangible Assets [Line Items]
Amortization expenses for intangible assets	$ 1,046
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expenses for intangible assets	130
Covenant not-to-compete [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expenses for intangible assets	200
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expenses for intangible assets	283
Dealer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expenses for intangible assets	$ 433

SCHEDULE OF FUTURE AMORTIZATION

SCHEDULE OF FUTURE AMORTIZATION EXPENSES OF INTANGIBLE ASSETS (Details) $ in Thousands	Mar. 31, 2022USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2022	$ 2,707
2023	2,453
2024	1,004
2025	520
2026	520
Thereafter	$ 2,210

INTANGIBLE ASSETS, NET (Details

INTANGIBLE ASSETS, NET (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Depreciation and amortization expense	$ 1,283	$ 65

CAPITAL STOCK (Details Narrativ

CAPITAL STOCK (Details Narrative) - Roth Sales Agreement [Member] - USD ($) $ / shares in Units, $ in Thousands	Mar. 29, 2022	Oct. 21, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Offering price	$ 7,814
Sale of Stock, Number of Shares Issued in Transaction	2,757,830
Proceeds from Issuance or Sale of Equity	$ 7,974
[custom:SaleOfStockPricePerShareGross-0]	$ 2.89
Sale of Stock, Price Per Share	$ 2.83
Maximum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Offering price		$ 25,000,000

SCHEDULE OF SHARE-BASED COMPENS

SCHEDULE OF SHARE-BASED COMPENSATION, STOCK OPTIONS ACTIVITY (Details)	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Share-Based Payment Arrangement [Abstract]
Number of Options, Exercisable at the end | shares	290,684
Weighted Average Exercise Price, Outstanding, Beginning	$ 11.65
Number of Options, Granted | shares
Weighted Average Exercise Price, Granted
Number of Options, Exercised | shares
Weighted Average Exercise Price, Exercised
Number of Options, Forfeited | shares	(8,251)
Weighted Average Exercise Price, Forfeited	$ 8.38
Number of Options, Expired | shares
Weighted Average Exercise Price, Expired
Number of Options, Outstanding, Ending | shares	282,433
Weighted Average Exercise Price, Outstanding, Ending	$ 11.75
Number of Options, Exercisable at the end | shares	20,899
Weighted Average Exercise Price, Exercisable at the end	$ 7.40
Weighted Average Exercise Price,Weighted Average Grant Date Fair Value

SCHEDULE OF SHARE-BASED COMPE_2

SCHEDULE OF SHARE-BASED COMPENSATION, SHARES AUTHORIZED UNDER STOCK OPTION PLANS, BY EXERCISE PRICE RANGE (Details) - $ / shares	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 7.40
Stock Options Outstanding	282,433	290,684
Stock Options Exercisable	20,899
Exercisable Price 1 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 10.50
Stock Options Outstanding	5,713
Stock Options Exercisable	5,713
Weighted Average Remaining Contractual Life (years)	1 month 17 days
Exercisable Price 2 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 8.68
Stock Options Outstanding	7,142
Stock Options Exercisable	7,142
Weighted Average Remaining Contractual Life (years)	1 year 1 month 13 days
Exercisable Price 3 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 7.63
Stock Options Outstanding	2,142
Stock Options Exercisable	2,142
Weighted Average Remaining Contractual Life (years)	1 year 1 month 28 days
Exercisable Price 4 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 3.07
Stock Options Outstanding	3,071
Stock Options Exercisable	2,730
Weighted Average Remaining Contractual Life (years)	2 years 4 months 17 days
Exercisable Price 5 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 2.52
Stock Options Outstanding	4,365
Stock Options Exercisable	3,172
Weighted Average Remaining Contractual Life (years)	2 years 6 months 3 days
Exercisable Price 6 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercisable Prices	$ 12.15
Stock Options Outstanding	260,000
Stock Options Exercisable
Weighted Average Remaining Contractual Life (years)	4 years 14 days

SCHEDULE OF STOCK-BASED COMPENS

SCHEDULE OF STOCK-BASED COMPENSATION, RESTRICTED STOCK UNIT ACTIVITY (Details)	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Granted | shares
Weighted Average Grant Date Value, Granted | $ / shares
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Outstanding, Beginning | shares	1,185,889
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 5.11
Number of Shares, Granted | shares	152,208
Weighted Average Grant Date Value, Granted | $ / shares	$ 2.48
Number of Shares, Vested | shares	(111,667)
Weighted Average Grant Date Value, Vested | $ / shares	$ 8.25
Number of Shares, Forfeited | shares
Weighted Average Grant Date Value, Forfeited | $ / shares
Number of Shares, Outstanding, Ending | shares	1,226,430
Weighted Average Grant Date Value, Outstanding, Ending | $ / shares	$ 4.50

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	282,433		290,684
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 11.75		$ 11.65
Options aggregrate intrinsic value	$ 0		$ 2
Share price	$ 2.52		$ 3.07
Stock based compensation expenses	$ 671	$ 12
Share based compensation	$ 1,284	$ 151
Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	282,433
Share-Based Payment Arrangement, Option, Exercise Price Range, Exercisable, Weighted Average Remaining Contractual Term	5 years
Share-Based Payment Arrangement, Option [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 2.52
Share-Based Payment Arrangement, Option [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 12.15

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Apr. 07, 2022	Mar. 31, 2022	Mar. 31, 2021
Subsequent Event [Line Items]
Net proceeds from issuance of common stock		$ 7,814	$ 48,858
Subsequent Event [Member] | Roth Sales Agreement [Member]
Subsequent Event [Line Items]
Stock issued during period, shares	783,257
Gross proceeds from issuance of common stock	$ 2,080
Gross shares issued price per share	$ 2.66
Net proceeds from issuance of common stock	$ 2,038
Shares issued price per share	$ 2.60