iSun (ISUNQ) 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	001-37707
Entity Registrant Name	iSUN, INC.
Entity Central Index Key	0001634447
Entity Tax Identification Number	47-2150172
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	400 Avenue D
Entity Address, Address Line Two	Suite 10
Entity Address, City or Town	Williston
Entity Address, State or Province	VT
Entity Address, Postal Zip Code	05495
City Area Code	(802)
Local Phone Number	658-3378
Title of 12(b) Security	Common Stock, $0.0001 par value
Trading Symbol	ISUN
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	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		14,048,192

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash	$ 1,344	$ 2,242
Accounts receivable, net of allowance	13,754	14,337
Costs and estimated earnings in excess of billings	3,527	4,004
Inventory	2,950	2,480
Other current assets	1,304	1,071
Total current assets	22,879	24,134
Property and equipment:
Building and improvements	336	967
Vehicles	2,942	2,908
Tools and equipment	2,405	3,127
Software	234	234
Construction in process	14	3
Solar arrays	6,708	6,859
Property, Plant and Equipment, Gross	12,639	14,098
Less accumulated depreciation	(3,341)	(3,056)
Property and equipment, net of accumulated depreciation	9,298	11,042
Other Assets:
Captive insurance investment	270	270
Goodwill	36,907	36,907
Intangible assets	17,651	18,907
Investments	12,320	12,420
Other assets	48	48
Total other assets	67,196	68,552
Total assets	99,373	103,728
Current Liabilities:
Accounts payable	9,712	13,188
Accrued expenses	6,256	7,628
Billings in excess of costs and estimated earnings on uncompleted contracts	3,221	2,389
Line of credit	5,433	4,468
Current portion of deferred compensation	31	31
Current portion of long-term debt	562	6,694
Total current liabilities	25,215	34,398
Long-term liabilities:
Deferred compensation, net of current portion	21	28
Deferred tax liability		772
Warrant liability	85	148
Other liabilities	3,328	3,375
Long-term debt, net of current portion	2,127	5,149
Total liabilities	30,776	43,870
Commitments and Contingencies (Note 8)
Stockholders’ equity:
Common stock – 0.0001 par value 49,000,000 shares authorized, 13,739,154 and 11,825,878 issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	1	1
Additional paid-in capital	72,507	60,863
Accumulated deficit	(3,911)	(1,006)
Total Stockholders’ equity	68,597	59,858
Total liabilities and stockholders’ equity	$ 99,373	$ 103,728

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	49,000,000	49,000,000
Common stock, shares issued	13,739,154	11,825,878
Common stock, shares outstanding	13,739,154	11,825,878

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Earned revenue	$ 15,087,000	$ 7,261,000
Cost of earned revenue	11,917,000	7,142,000
Gross profit	3,170,000	119,000
Warehousing and other operating expenses	607,000	184,000
General and administrative expenses	7,022,000	1,465,000
Stock based compensation – general and   administrative	1,244,000	1,071,000
Total operating expenses	8,873,000	2,719,000
Operating loss	(5,703,000)	(2,601,000)
Other income (expenses)
Gain on forgiveness of PPP Loan	2,592,000
Change in fair value of the warrant liability	63,000	(262,000)
Interest expense, net	(629,000)	(36,000)
Loss before income taxes	(3,677,000)	(2,899,000)
(Benefit) provision for income taxes	(772,000)	214,000
Net loss	(2,905,000)	(3,113,000)
Net income applicable to preferred shareholders		(70)
Net loss available to shares of common stockholders	$ (2,905,000)	$ (3,183,000)
Net loss per share of Common Stock - Basic and diluted	$ (0.23)	$ (0.41)
Weighted average shares of Common Stock - Basic and diluted	12,646,446	7,695,279

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Changes in Stockholders' Equity - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2020	$ 1,000	$ 1,000	$ 2,577,000	$ 5,304,000	$ 7,883,000
Balance (in shares) at Dec. 31, 2020	200,000	5,313,268
Issuance under equity incentive plan			1,071		1,071
Issuance under equity incentive plan (in shares)		126,083
Net loss				(3,113,000)	(3,113,000)
Registered Direct Offering			9,585		9,585
Registered Direct Offering (in shares)		840,000
Acquisition of iSun Energy, LLC			2,922		2,922
Acquisition of iSun Energy, LLC (in shares)		300,000
Exercise of Unit Purchase Option
Exercise of Unit Purchase Option (in shares)		133,684
Redemption of common stock			(673)		(673)
Redemption of common stock (in shares)		(34,190)
Conversion of preferred shares	$ (1)				(1)
Conversion of Preferred shares (in shares)	(200,000)	(370,370)
Stock Issued During Period, Shares, Conversion of Convertible Securities	200,000	370,370
Dividends payable on preferred shares				(70)	(70)
Conversion of Solar Project Partners, LLC warrant
Conversion of Solar Project Partners, LLC warrant (in shares)		117,376
Exercise of options			150		150
Exercise of options (in shares)		100,667
Exercise of warrants			17,444		17,444
Exercise of warrants (in shares)		1,516,938
Balance at Mar. 31, 2021		$ 1,000	33,076,000	2,121,000	35,198,000
Balance (in shares) at Mar. 31, 2021		8,784,196
Balance at Dec. 31, 2021		$ 1,000	60,863,000	(1,006,000)	59,858,000
Balance (in shares) at Dec. 31, 2021		11,825,878
Issuance under equity incentive plan			1,244		1,244
Issuance under equity incentive plan (in shares)		164,067
Sale of common stock			10,400,000		10,400,000
Sale of common stock (in shares)		1,749,209
Net loss				(2,905,000)	(2,905,000)
Conversion of Solar Project Partners, LLC warrant (in shares)		117,376
Balance at Mar. 31, 2022		$ 1,000	$ 72,507,000	$ (3,911,000)	$ 68,597,000
Balance (in shares) at Mar. 31, 2022		13,739,154

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Cash flows from operating activities
Net loss	$ (2,905,000)	$ (3,113,000)
Adjustments to reconcile net loss to net cash (used in)   operating activities:
Depreciation	548,000	136,000
Amortization expense	1,205,000
Gain on forgiveness of PPP loan	(2,592,000)
Change in fair value of warrant liability	(63,000)	262,000
Stock based compensation	1,244,000	1,071,000
Deferred finance charge amortization		1,000
Provision for deferred income taxes	(772,000)	213,000
Changes in operating assets and liabilities:
Accounts receivable	583,000	(1,227,000)
Other current assets	(233,000)	4,000
Costs and estimated earnings in excess of billings	477,000	(1,247,000)
Accounts payable	(3,476,000)	(329,000)
Accrued expenses	(1,372,000)	(38,000)
Billings in excess of costs and estimated earnings on uncompleted contracts	832,000	422,000
Inventory	(470,000)	(1,535,000)
Other liabilities	(47,000)
Deferred compensation	(7,000)	(8,000)
Net cash (used in) provided by operating activities	(7,048,000)	(5,388,000)
Cash flows from investing activities  :
Purchase of solar arrays and equipment		(131,000)
Proceeds from sale of fixed assets	1,247,000
Acquisition of iSun Energy, LLC		(85,000)
Dividend receivable	100,000
Minority investments		(2,500,000)
Investment in captive insurance		(35,000)
Net cash provided by (used in) investing activities	1,347,000	(2,751,000)
Cash flows from financing activities:
Proceeds from line of credit	8,807,000	9,441,000
Payments to line of credit	(7,842,000)	(8,240,000)
Equity incentive program		150,000
Payments of long-term debt	(6,562,000)	(88,000)
Due to stockholders		28,000
Proceeds from warrant exercise		17,444,000
Redemption of shares		(673,000)
Proceeds from sales of common stock, gross proceeds of $10,722 less issuance cost of $322	10,400,000
Registered direct offering		9,585,000
Net cash provided by financing activities	4,803,000	27,647,000
Net (decrease) increase in cash	(898,000)	19,508,000
Cash, beginning of period	2,242	699	$ 699
Cash, end of period	1,344	20,207	$ 2,242
Cash paid during the year for:
Interest	629,000	36,000
Income taxes

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Statement of Cash Flows [Abstract]
Gross proceeds	$ 10,722
Issuance costs	$ 322

SUMMARY OF OPERATIONS AND SIGNI

SUMMARY OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUMMARY OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES a)  Organization iSun, Inc. is a solar engineering, construction and procurement contractor for commercial, industrial, residential and utility customers. The Company also provides electrical contracting services and data and communication services. The work is performed under fixed-price and modified fixed-price contracts and time and materials contracts. The Company is incorporated in the State of Delaware and has its corporate headquarters in Williston, Vermont. On September 8, 2021, iSun, Inc. entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, iSun Residential Merger Sub, Inc., a Vermont corporation (the “Merger Sub”) and wholly-owned subsidiary of iSun Residential, Inc., a Delaware corporation (“iSun Residential”) and wholly-owned subsidiary of the Company, SolarCommunities, Inc., a Vermont benefit corporation (“SunCommon”), and Jeffrey Irish, James Moore, and Duane Peterson as a “Shareholder Representative Group” of the holders of SunCommon’s capital stock (the “SunCommon Shareholders”), pursuant to which the Merger Sub merged with and into SunCommon (the “Merger”) with SunCommon as the surviving company in the Merger and SunCommon became a wholly-owned subsidiary of iSun Residential. The Merger was effective on October 1, 2021. Effective January 19, 2021, the Company changed its corporate name from The Peck Company Holdings, Inc. to iSun, Inc. (the “Name Change”). The Name Change was affected through a parent/subsidiary short-form merger of iSun, Inc., our wholly-owned Delaware subsidiary formed solely for the purpose of the name change, with and into us. We were the surviving entity. To effectuate the short-form merger, we filed a Certificate of Merger with the Secretary of State of the State of Delaware on January 19, 2021. The merger became effective on January 19, 2021 with the State of Delaware and, for purposes of the quotation of our Common Stock on the Nasdaq Capital Market (“Nasdaq”), effective at the open of the market on January 20, 2021. On April 6, 2021, iSun Utility, LLC (“iSun Utility”), a Delaware limited liability company and wholly-owned subsidiary of iSun, Inc., a Delaware corporation (the “Company”), Adani Solar USA, Inc., a Delaware corporation (Adani”), and Oakwood Construction Services, Inc., a Delaware corporation (“Oakwood”) entered into an Assignment Agreement (the “Assignment”), pursuant to which iSun Utility acquired all rights to the intellectual property of Oakwood and its affiliates (the “Project IP”). Oakwood is a utility-scale solar EPC company and a wholly-owned subsidiary of Adani. The Project IP includes all of the intellectual property, project references, templates, client lists, agreements, forms and processes of Adani’s U.S. solar business. The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022 or any other period. The accompanying financial statements should be read in conjunction with the Company’s audited financial statements and related notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. b) Principles of Consolidation The accompanying consolidated financial statements include the accounts of iSun, Inc. and its direct and indirect wholly owned operating subsidiaries, iSun Residential, Inc., SolarCommunities, Inc., iSun Industrial, LLC, Peck Electric Co., Liberty Electric, Inc., iSun Utility, LLC, iSun Corporate, LLC and iSun Energy, LLC. All material intercompany transactions have been eliminated upon consolidation of these entities. c) Revenue Recognition The majority of the Company’s revenue arrangements generally consist of a single performance obligation to transfer promised goods or services. 1) Revenue Recognition Policy Solar Power Systems Sales and Engineering, Procurement, and Construction Services The Company recognizes revenue from the sale of solar power systems, Engineering, Procurement and Construction (“EPC”) services, and other construction-type contracts over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Construction contracts, such as the sale of a solar power system combined with EPC services, are generally accounted for as a single unit of account (a single performance obligation) and are not segmented between types of services. Our contracts often require significant services to integrate complex activities and equipment into a single deliverable, and are therefore generally accounted for as a single performance obligation, even when delivering multiple distinct services. For such services, the Company recognizes revenue using the cost to cost method, based primarily on contract cost incurred to date compared to total estimated contract cost. The cost to cost method (an input method) is the most faithful depiction of the Company’s performance because it directly measures the value of the services transferred to the customer. Cost of revenue includes an allocation of indirect costs including depreciation and amortization. Subcontractor materials, labor and equipment, are included in revenue and cost of revenue when management believes that the Company is acting as a principal rather than as an agent (i.e., the Company integrates the materials, labor and equipment into the deliverables promised to the customer). Changes to total estimated contract cost or losses, if any, are recognized in the period in which they are determined as assessed at the contract level. Pre-contract costs are expensed as incurred unless they are expected to be recovered from the customer. As of March 31, 2022 and December 31, 2021, the Company had $ 0 30 45 For sales of solar power systems in which the Company sells a controlling interest in the project to a customer, revenue is recognized for the consideration received when control of the underlying project is transferred to the customer. Revenue may also be recognized for the sale of a solar power system after it has been completed due to the timing of when a sales contract has been entered into with the customer. Energy Generation Revenue from net metering credits is recorded as electricity is generated from the solar arrays and billed to customers (PPA off-taker) at the price rate stated in the applicable power purchase agreement (PPA). Operation and Maintenance and Other Miscellaneous Services Revenue for time and materials contracts is recognized as the service is provided. 2) Disaggregation of Revenue from Contracts with Customers The following table disaggregates the Company’s revenue based on the timing of satisfaction of performance obligations for the three months ended March 31, 2022 and March 31, 2021: (In thousands) SCHEDULE OF DISAGGREGATION OF REVENUE 2022 2021 Solar Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 13,608 $ 6,093 Total $ 13,608 $ 6,093 Electric Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 1,267 $ 889 Total $ 1,267 $ 889 Data and Network Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 212 $ 279 Total $ 212 $ 279 Total Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 15,087 $ 7,261 Total $ 15,087 $ 7,261 The following table disaggregates the Company’s Solar Operations revenue based operational segment for the three months ended March 31, 2022 and March 31, 2021: (In thousands) SCHEDULE OF REVENUE BASED OPERATIONAL SEGMENT 2022 2021 Solar Operations Residential $ 6,397 $ - Commercial and Industrial 5,682 6,093 Utility 1,529 - Total $ 13,608 $ 6,093 3) Variable Consideration The nature of the Company’s contracts gives rise to several types of variable consideration, including claims and unpriced change orders; award and incentive fees; and liquidated damages and penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value (i.e., the sum of a probability-weighted amount) or the most likely amount method, whichever is expected to better predict the amount. Factors considered in determining whether revenue associated with claims (including change orders in dispute and unapproved change orders in regard to both scope and price) should be recognized include the following: (a) the contract or other evidence provides a legal basis for the claim, (b) additional costs were caused by circumstances that were unforeseen at the contract date and not the result of deficiencies in the Company’s performance, (c) claim-related costs are identifiable and considered reasonable in view of the work performed, and (d) evidence supporting the claim is objective and verifiable. If the requirements for recognizing revenue for claims or unapproved change orders are met, revenue is recorded only when the costs associated with the claims or unapproved change orders have been incurred. Back charges to suppliers or subcontractors are recognized as a reduction of cost when it is determined that recovery of such cost is probable and the amounts can be reliably estimated. Disputed back charges are recognized when the same requirements described above for claims accounting have been satisfied. 4) Remaining Performance Obligation Remaining performance obligations, or backlog, represents the aggregate amount of the transaction price allocated to the remaining obligations that the Company has not performed under its customer contracts. The Company has elected to use the optional exemption in ASC 606-10-50-14, which exempts an entity from such disclosures if a performance obligation is part of a contract with an original expected duration of one year or less. 5) Warranties The Company generally provides limited workmanship warranties up to five years d) Accounts Receivable Accounts receivable are recorded when invoices are issued and presented on the balance sheet net of the allowance for doubtful accounts. The allowance, which was $ 84,000 84,000 e) Concentration and Credit Risks (In thousands) The Company occasionally has cash balances in a single financial institution during the year in excess of the Federal Deposit Insurance Corporation (FDIC) limits. The differences between book and bank balances are outstanding checks and deposits in transit. At March 31, 2022, the uninsured balances were approximately $ 1,893 f) Use of Estimates The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates their estimates, including those related to inputs used to recognize revenue over time, estimates in recording the business combinations, goodwill, intangibles, investments, impairment on investments, warranty liability and valuation of deferred tax assets. Actual results could differ from those estimates. g) Recently Issued Accounting Pronouncements In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): On May 03, 2021, the FASB issued Accounting Standards Update (ASU) 2021-04, Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) On May 03, 2021, the FASB issued Accounting Standards Update (ASU) 2021-04, Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options h) Fair Value of Financial Instruments The Company’s financial instruments include cash and cash equivalents, accounts receivable, cash collateral deposited with insurance carriers, deferred compensation plan liabilities, accounts payable and other current liabilities, and debt obligations. Fair value is the price that would be received to sell an asset or the amount paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value guidance establishes a valuation hierarchy, which requires maximizing the use of observable inputs when measuring fair value. The three levels of inputs that may be used are: (i) Level 1 - quoted market prices in active markets for identical assets or liabilities; (ii) Level 2 - observable market-based inputs or other observable inputs; and (iii) Level 3 - significant unobservable inputs that cannot be corroborated by observable market data, which are generally determined using valuation models incorporating management estimates of market participant assumptions. In instances in which the inputs used to measure fair value fall into different levels of the fair value hierarchy, the fair value measurement classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Management’s assessment of the significance of a particular item to the fair value measurement in its entirety requires judgment, including the consideration of inputs specific to the asset or liability. Fair values of financial instruments are estimated using public market prices, quotes from financial institutions and other available information. Due to their short-term maturity, the carrying amounts of cash, accounts receivable, accounts payable and other current liabilities approximate their fair values. Management believes the carrying values of notes and other receivables, cash collateral deposited with insurance carriers, and outstanding balances on its line of credit and long-term debt approximate their fair values as these amounts are estimated using public market prices, quotes from financial institutions and other available information. i) Debt Extinguishment Under ASC 470, debt should be derecognized when the debt is extinguished, in accordance with the guidance in ASC 405-20, Liabilities: Extinguishments of Liabilities. 2,000,000 2,591,500 j) Inventory Inventory is valued at lower of cost or net realizable value determined by the first-in, first-out method. Inventory primarily consists of solar panels and other materials. The Company reviews the cost of inventories against their estimated net realizable value and records write-downs if any inventories have costs in excess of their net realizable values. Inventory is presented net of an allowance of $ 0 k) Warrant liability The Company accounts for warrants to acquire shares of Common Stock as liabilities held at fair value on the consolidated balance sheets. The warrants are subject to remeasurement at each balance sheet date and any change in fair value is recognized as a change in fair value of warrant liabilities in the Company’s consolidated statements of operations. The Company will continue to adjust the liability for changes in fair value until the earlier of the exercise or expiration of the warrants. At that time, the warrant liability will be reclassified to additional paid-in capital. l) Segment Information Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision-making group, in deciding the method to allocate resources and assess performance. The Company currently has one m) Legal contingencies The Company accounts for liabilities resulting from legal proceedings when it is possible to evaluate the likelihood of an unfavorable outcome in order to provide an estimate for the contingent liability. At March 31, 2022 and 2021, there are no material contingent liabilities arising from pending litigation.

BUSINESS ACQUISITIONS

BUSINESS ACQUISITIONS	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
BUSINESS ACQUISITIONS	2. BUSINESS ACQUISITIONS Business Combination On September 8, 2021, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, iSun Residential Merger Sub, Inc., a Vermont corporation (the “Merger Sub”) and wholly-owned subsidiary of iSun Residential, Inc., a Delaware corporation (“iSun Residential”) and wholly-owned subsidiary of the Company, SolarCommunities, Inc., a Vermont benefit corporation (“SunCommon”), and Jeffrey Irish, James Moore, and Duane Peterson as a “Shareholder Representative Group” of the holders of SunCommon’s capital stock (the “SunCommon Shareholders”), pursuant to which the Merger Sub merged with and into SunCommon (the “Merger”) with SunCommon as the surviving company in the Merger and SunCommon became a wholly-owned subsidiary of iSun Residential. In connection with Merger, the SunCommon Shareholders received merger consideration totaling $ 48,300,000 25,534,621 15,965,027 8.816 10,000,000 6.8 3.5 3.3 The Company will report begin reporting in segments in the future as we do not currently allocate labor amongst the operating divisions. The purchase price for SolarCommunities, Inc. consisted of approximately $ 48,300,000 Purchase Price Allocation Under the purchase method of accounting, the transaction was valued for accounting purposes at approximately $ 48,300,000 SCHEDULE OF BUSINESS ACQUISITIONS Purchase price (in thousands): $ 15,965 Fair value of iSun’s shares of Common Stock issued ( 1,810,955 8.816 $ 15,965 Cash paid 25,535 Earnout provision 6,800 Total consideration transferred $ 48,300 Fair value of identifiable assets acquired: Cash and cash equivalents $ 581 Accounts receivable 3,409 Inventory 2,653 Contract assets 610 Premises and equipment 4,447 Trademark and brand 11,980 Backlog 3,220 Other current assets 762 Total identifiable assets $ 27,662 Fair value of identifiable liabilities assumed: Accounts payable and accrued liabilities $ 5,562 Contract liabilities 1,103 Customer deposits 355 Deferred tax liabilities 2,070 Loans payable 6,282 Other liabilities 17 Total identifiable liabilities $ 15,389 Net assets acquired including identifiable intangible assets 12,273 Goodwill $ 36,027 During the year ended December 31, 2021, we recorded non-recurring total transaction costs related to the Acquisition of $ 1.235 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 it may take into the second quarter of 2022 until all post-closing assessments and adjustments are finalized. Business Combination On November 18, 2021, John Stark Electric, Inc., a New Hampshire corporation (“JSI”) and wholly-owned subsidiary of iSun, Inc., a Delaware corporation (the “Company”), Liberty Electric, Inc., a New Hampshire Corporation (“Liberty”) and John P. Comeau (“Comeau”) after obtaining required consents released signature pages and closed an Asset Purchase Agreement (the “Asset Purchase Agreement”), pursuant to which JSI acquired all of the assets of Liberty for a purchase price of $ 1.4 1.2 250,000 8.4035 300,000 The purchase price for Liberty Electric, Inc. consisted of $ 1.4 Purchase Price Allocation Under the purchase method of accounting, the transaction was valued for accounting purposes at $ 1.4 SCHEDULE OF BUSINESS ACQUISITIONS Purchase price (in thousands): $ 250 Fair value of iSun’s shares of Common Stock issued ( 29,749 8.4035 $ 250 Cash paid 1,195 Earnout provision - Total consideration transferred $ 1,445 Fair value of identifiable assets acquired: Accounts receivable $ 562 Inventory 90 Contract assets 97 Premises and equipment 38 Other current assets 2 Total identifiable assets $ 789 Fair value of identifiable liabilities assumed: Accounts payable and accrued liabilities $ 219 Contract liabilities 5 Total identifiable liabilities $ 224 Net assets acquired including identifiable intangible assets 565 Goodwill $ 880 (1) The earnout provision has been deemed unlikely to be achieved and has not been included in the allocation of the purchase price. Pro Forma Information (Unaudited) The results of operations for the Acquisitions of SolarCommunities, Inc. and Liberty Electric, Inc. since the October 1, 2021 and November 1, 2021 closing dates, respectively, have been included in our December 31, 2021 consolidated financial statements and include approximately $ 12.5 0.7 1.235 SCHEDULE OF PRO FORMA INFORMATION For the three months ending March 31, (in thousands) 2021 Revenue, net $ 14,249 Net loss $ (4,090 ) Weighted average shares of common stock outstanding, basic and diluted 9,535,943 Net loss per share, basic and diluted $ (0.43 )

LIQUIDITY AND FINANCIAL CONDITI

LIQUIDITY AND FINANCIAL CONDITION	3 Months Ended
	Mar. 31, 2022
Liquidity And Financial Condition
LIQUIDITY AND FINANCIAL CONDITION	3. LIQUIDITY AND FINANCIAL CONDITION In the three months ended March 31, 2022, the Company experienced a net operating loss and negative cash flow from operations. At March 31, 2022, the Company had cash on hand of approximately $ 1.3 2.3 7.0 To date, the Company has relied predominantly on operating cash flow to fund its operations, borrowings from its credit facilities, sales of Common Stock and exercise of public warrants. The availability of financing and the cash flow from operations mitigates the potential for substantial doubt. The demand for solar and electric vehicle infrastructure continues to increase across all customer groups. Our residential division has customer orders of approximately $ 26.2 three five months 10.8 six eight months 91.3 twelve eighteen months 550 As of March 31, 2022, the Company had approximately $ 21.2 The Company believes its current cash on hand, proceeds generated from the registered direct offering and additional sales of Common Stock, the availability under the equity line of credits, the collectability of its accounts receivable and project backlog are sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
ACCOUNTS RECEIVABLE	4. ACCOUNTS RECEIVABLE Accounts receivable consist of: (In thousands) SCHEDULE OF ACCOUNTS RECEIVABLE March 31, 2022 December 31, 2021 Accounts receivable - contracts in progress $ 13,332 $ 13,886 Accounts receivable - retainage 506 535 Accounts receivable 13,838 14,421 Allowance for doubtful accounts (84 ) (84 ) Total $ 13,754 $ 14,337 Bad debt expense was $ 0 Contract assets represent revenue recognized in excess of amounts billed, unbilled receivables, and retainage. Unbilled receivables represent an unconditional right to payment subject only to the passage of time, which are reclassified to accounts receivable when they are billed under the terms of the contract. Contract assets were as follows at March 31, 2022 and 2021: SCHEDULE OF CONTRACT ASSETS AND LIABILITIES (In thousands) March 31, 2022 December 31, 2021 Costs in excess of billings $ 2,205 $ 3,452 Unbilled receivables, included in costs in excess of billings 1,322 552 Costs and estimated earnings in excess of billings 3,527 4,004 Retainage 506 535 Total $ 4,033 $ 4,539 Contract liabilities represent amounts billed to clients in excess of revenue recognized to date, billings in excess of costs, and retainage. The Company anticipates that substantially all incurred cost associated with contract assets as of March 31, 2022 will be billed and collected within one year. Contract liabilities were as follows at March 31, 2022 and December 31, 2021: (In thousands) March 31, 2022 December 31, 2021 Billings in excess of costs $ 3,221 $ 2,389

CONTRACTS IN PROGRESS

CONTRACTS IN PROGRESS	3 Months Ended
	Mar. 31, 2022
Contracts In Progress
CONTRACTS IN PROGRESS	5. CONTRACTS IN PROGRESS Information with respect to contracts in progress are as follows: SCHEDULE OF CONTRACTS IN PROGRESS (In thousands) March 31, 2022 December 31, 2021 Expenditures to date on uncompleted contracts $ 14,465 $ 13,716 Estimated earnings thereon 2,664 2,784 Contract costs 17,129 16,500 Less billings to date (18,763 ) (15,436 ) Contract costs, net of billings (1,634 ) 1,063 Plus under billings remaining on contracts 100% complete 1,940 552 Total $ 306 $ 1,615 Included in accompany balance sheets under the following captions: (In thousands) March 31, 2022 December 31, 2021 Cost and estimated earnings in excess of billings $ 3,527 $ 4,004 Billings in excess of costs and estimated earnings on uncompleted contracts (3,221 ) (2,389 ) Total $ 306 $ 1,615

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	6. LONG-TERM DEBT A summary of long-term debt is as follows: SUMMARY OF LONG-TERM DEBT (In thousands) March 31, 2022 December 31, 2021 $ 630 $ 641 NBT Bank, National Association, 4.25% monthly 5,869 $ 630 $ 641 NBT Bank, National Association, 4.20 monthly 3,293 - 216 NBT Bank, National Association, 4.15 monthly 3,677 165 174 NBT Bank, National Association, 4.20 monthly 5,598 363 377 NBT Bank, National Association, 4.85 monthly 2,932 40 48 Various vehicle loans, interest ranging from 0 10.09 monthly 34,878 1,098 1,147 National Bank of Middlebury, 3.95% 5 10 2.75 3.95 monthly 2,388 41 48 B. Riley Commercial Capital, LLC, 8.0 - 6,046 Unsecured note payable in connection with the PPP, established by the federal government Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which bears interest at 1 - 2,592 March 31, 2021 December 31, 2021 CSA 5: Payable in monthly 2,414 5.5 - 119 CSA 17: Payable in monthly 2,414 5.5 - 133 CSA 36: Payable in monthly 2,414 5.5 132 137 CSA 5: Payable in monthly 1,104 552 monthly 2,485 monthly 20,142 11.25% - 118 CSA 17: Payable in monthly 1,104 552 monthly 2,485 monthly 20,142 11.25% - 118 CSA 36: Payable in monthly 1,104 552 monthly 2,485 monthly 20,142 11.25% 118 118 Equipment loans 86 94 Easement liabilities 29 31 2,702 12,157 Less current portion (562 ) (6,694 ) 2,140 5,463 Less debt issuance costs (13 ) (314 ) Long-term debt $ 2,127 $ 5,149 Maturities of long-term debt are as follows: (In thousands) SCHEDULE OF MATURITIES OF LONG-TERM DEBT Year ending December 31: Amount Remainder of 2022 $ 461 2023 497 2024 449 2025 354 2026 753 2027 and thereafter 188 Total $ 2,702 On September 30, 2021, the Company entered into a Loan and Security Agreement with B. Riley Commercial Capital, LLC, as Lender. The proceeds of the Loan Agreement are expected to be used for acquisition finance, general corporate purposes and working capital. The Loan Agreement provides for a $ 10,000,000 October 15, 2022 8.0

LINE OF CREDIT

LINE OF CREDIT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
LINE OF CREDIT	7. LINE OF CREDIT The Company’s wholly owned subsidiary, Peck Electric Co., has a working capital line of credit with NBT Bank with a limit of $ 6 3.5 5.4 4.5 80 1.20 1.00

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	8. COMMITMENTS AND CONTINGENCIES (All dollar amounts in thousands) In 2020, the Company entered into a ten 6,250 6,500 108 2 The Company leases an office and warehouse facilities in Waterbury, Vermont under agreements expiring in May 2028 and August 2026, respectively. Monthly base rent for the office and warehouse facilities currently approximates $ 28 3 The Company leases an office and warehouse facility in Rhinebeck, New York from a stockholder. Monthly base rent currently approximates $ 7 The Company leases a vehicle under a non-cancelable operating lease. In addition, the Company occasionally pays rent for storage on a month-to-month basis. Total rent expense for all of the non-cancelable leases above were $ 195 62 The Company leases vehicles and office equipment under various agreements expiring through June 2026. As of March 31, 2021, aggregate monthly payments required under these leases approximates $ 25 The Company also rents equipment to be used on jobs under varying terms not exceeding one year. Total rent expense under short term rental agreements was $ 210 98 On January 27, 2022, the Company became aware of pending litigation in the U.S. District Court for the District of Vermont entitled Sassoon Peress and Renewz Sustainable Solutions, Inc. v. iSun, Inc. alleging various claims including breach of contract, defamation, and unjust enrichment arising out of the acquisition of iSun Energy, LLC, the sole owner of which was Mr. Peress. The litigation seeks legal and equitable remedies. The Company was granted an extension to plead to Plaintiffs’ Amended Complaint until April 29, 2022. On April 29, 2022, the Company filed an Answer and Counter-Claims. The Company plans to vigorously contest the litigation. It is not possible to evaluate the likelihood of an unfavorable outcome or provide an estimate or range of potential loss. Future minimum lease payments required under all of the non-cancelable operating leases are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Years ending December 31: Amount Remainder of 2022 $ 612 2023 815 2024 799 2025 796 2026 625 Thereafter 1,256 Total future minimum lease payments $ 4,903

WARRANTS

WARRANTS	3 Months Ended
	Mar. 31, 2022
Warrants
WARRANTS	9. WARRANTS On March 9, 2021, the Company announced its intention to redeem all of its outstanding public warrants to purchase shares of the Company’s Common Stock that were issued under the Warrant Agreement. On April 12, 2021, the Company redeemed approximately 453,764 no . As of March 31, 2022, the Company received notification that 3,641,018 1,820,509 20,906,015 SCHEDULE OF WARRANTS March 31, 2022 December 31, 2021 Beginning balance 69,144 4,163,926 Granted - - Exercised - (3,641,018 ) Redeemed - (453,764 ) Ending balance 69,144 69,144

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	10. FAIR VALUE MEASUREMENTS The Public Warrants were traded under the symbol ISUNW and the fair values were based upon the closing price of the Public Warrants at each measurement date. The Private Warrants were valued using a Black-Scholes model, pursuant to the inputs provided in the table below: SCHEDULE OF FAIR VALUE MEASUREMENT INPUTS Input Mark-to-Market Measurement at March 31, 2022 Mark-to-Market Measurement at December 31, 2021 Risk-free rate 2.28 % 0.06 % Remaining term in years 2.22 2.47 Expected volatility 151.05 % 152.90 % Exercise price $ 11.50 $ 11.50 Fair value of common stock $ 4.10 $ 5.96 The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy: SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS Fair Value Measurement as of March 31, 2022 Total Level 1 Level 2 Level 3 Liabilities: Public Warrants $ - $ $ $ - Private Warrants 85 - - 85 Fair Value Measurement as of December 31, 2021 Total Level 1 Level 2 Level 3 Liabilities: Public Warrants $ - $ $ $ - Private Warrants 148 - - 148 The following is a roll forward of the Company’s Level 3 instruments: SCHEDULE OF ROLL FORWARD OF LEVEL 3 INSTRUMENTS March 31, 2022 December 31, 2021 Beginning balance $ 148 $ 350 Fair value adjustment – Warrant liability (63 ) (202 ) Ending balance $ 85 $ 148

UNION ASSESSMENTS

UNION ASSESSMENTS	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
UNION ASSESSMENTS	11. UNION ASSESSMENTS The Company employs members of the International Brotherhood of Electrical Workers Local 300 (IBEW). The union fee assessments payable are both withholdings from employees and employer assessments. Union fees are for monthly dues, defined contribution pension, health and welfare funds as part of multi-employer plans. All union assessments are based on the number of hours worked or a percentage of gross wages as stipulated in the agreement with the Union. The Company has an agreement with the IBEW in respect to rates of pay, hours, benefits, and other employment conditions that expires May 31, 2022. During the three months ended March 31, 2022 and 2021, the Company incurred the following union assessments. SCHEDULE OF UNION ASSESSMENTS (In thousands) Three Months Ended March 31, 2022 2021 Pension fund $ 162 $ 118 Welfare fund 322 343 National employees benefit fund 28 34 Joint apprenticeship and training committee 15 20 401(k) matching 49 21 Total $ 576 $ 536

PROVISION FOR INCOME TAXES

PROVISION FOR INCOME TAXES	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
PROVISION FOR INCOME TAXES	12. PROVISION FOR INCOME TAXES The provision for income taxes for March 31, 2022 and 2021 consists of the following: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT) 2022 2021 (In thousands) Three Months Ended March 31, 2022 2021 Current Federal $ - $ - State - 1 Total Current - 1 Deferred Federal (1,270 ) 162 State (406 ) 51 Change in valuation allowance 904 - Total Deferred (772 ) 213 (Benefit) provision from Income Taxes $ (772 ) $ 214 The Company’s total deferred tax assets and liabilities at March 31, 2022 and December 31, 2021 are as follows: SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES (In thousands) March 31, 2022 December 31, 2021 Deferred tax assets (liabilities) Accruals and reserves $ 150 $ 170 Tax credits 514 514 Stock-based compensation 29 - Net operating loss 7,131 6,182 Less valuation allowance (904 ) - Net deferred tax assets 6,920 6,866 Property and equipment (2,274 ) (3,466 ) Intangibles (4,646 ) (3,857 ) Stock-based compensation - (315 ) Total deferred tax liabilities (6,920 ) (7,638 ) Net deferred tax asset (liabilities) $ - $ (772 ) The Company uses a more-likely-than-not measurement for all tax positions taken or expected to be taken on a tax return in order for those tax positions to be recognized in the financial statements. There were no no three Reconciliation between the effective tax on income from operations and the statutory tax rate is as follows: SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION 2022 2021 (In thousands) Three Months Ended March 31, 2022 2021 Income tax (benefit) expense at federal statutory rate $ (773 ) $ (609 ) Paycheck Protection Program tax exempt loan forgiveness (544 ) - Permanent tax differences - 184 Permanent differences for change in fair value of warrants (13 ) - Non-deductible goodwill and other intangible - 833 Valuation allowance 904 State and local taxes net of federal benefit (346 ) (194 ) Total $ (772 ) $ 214 The Company received a loan under the CARES Act Payroll Protection Program (“PPP”) of $ 1,487,624 2,591,500 2,000,000 2,000,000 2,591,500 The Company has federal net operating losses of approximately $ 27,000,000 2,200,000 24,800,000 514,000 no

CAPTIVE INSURANCE

CAPTIVE INSURANCE	3 Months Ended
	Mar. 31, 2022
Investments, All Other Investments [Abstract]
CAPTIVE INSURANCE	13. CAPTIVE INSURANCE The Company and other companies are members of an offshore heterogeneous group captive insurance holding company entitled Navigator Casualty, LTD. (NCL). NCL is located in the Cayman Islands and insures claims relating to workers’ compensation, general liability, and auto liability coverage. Premiums are developed through the use of an actuarially determined loss forecast. Premiums paid totaled $ 74 248 for the three months ending and the year ended December 31, 2021, respectively 100,000 300,000 Each shareholder has equal ownership and invests a one-time cash capitalization of $ 36,000 35,900 100 Summary financial information on NCL as of September 30, 2021 is: (In thousands) SUMMARY OF FINANCIAL INFORMATION Total assets $ 133,377 Total liabilities $ 63,743 Comprehensive income $ 12,496 NCL’s fiscal year end is September 30, 2021. (In thousands) March 31, 2022 December 31, 2021 Investment in NCL Capital $ 36 $ 36 Cash security 194 194 Investment income in excess of losses (incurred and reserves) 40 40 Totals $ 270 $ 270

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	14. RELATED PARTY TRANSACTIONS (All dollar amounts in thousands) In 2014, the minority stockholders of Peck Electric Co., who sold the building that the Company formerly occupied, lent the proceeds to the majority stockholders of Peck Electric Co. who contributed $ 400 8 21 In May 2018, stockholders of the Company bought out a minority stockholder of Peck Electric Co. The Company advanced $ 250,000 9 39 In 2019, the Company’s majority stockholders lent proceeds to the Company to help with cash flow needs. At March 31, 2022 and December 31, 2021, the amounts owed of $ 17 60

DEFERRED COMPENSATION PLAN

DEFERRED COMPENSATION PLAN	3 Months Ended
	Mar. 31, 2022
Compensation Related Costs [Abstract]
DEFERRED COMPENSATION PLAN	15. DEFERRED COMPENSATION PLAN (All dollar amounts in thousands) In 2018, the Company entered into a deferred compensation agreement with a former minority stockholder. The agreement provides for deferred income benefits and is payable over the post-retirement period. The Company accrues the present value of the estimated future benefit payments over the period from the date of the agreement to the retirement date. The minimum commitment for future compensation under the agreement is $ 155 59 24.5

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	16. EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of Common Stock outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into Common Stock. SCHEDULE OF POTENTIAL SHARE ISSUANCES EXCLUDED FROM COMPUTATION OF EARNINGS (LOSS) PER SHARE Three Months Ended March 31, 2022 2021 Option to purchase Common Stock, from Jensyn’s IPO 429,000 429,000 Warrants to purchase Common Stock, from Jensyn’s IPO 34,572 565,025 Warrants to purchase Common Stock, from Solar Project Partners, LLC. Exchange and Subscription Agreement - - Conversion of Preferred Stock to Common Stock from GreenSeed Investors, LLC Exchange and Subscription Agreement - - Unvested restricted stock awards 205,335 161,470 Unvested options to purchase Common Stock 350,668 - Totals 1,019,575 1,155,495 The Company has contingent share arrangements and warrants with the potential issuance of additional shares of Common Stock from these arrangements were excluded from the diluted EPS calculation because the prevailing market and operating conditions at the present time do not indicate that any additional shares of Common Stock will be issued. These instruments could result in dilution in future periods.

RESTRICTED STOCK AND STOCK OPTI

RESTRICTED STOCK AND STOCK OPTIONS	3 Months Ended
	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
RESTRICTED STOCK AND STOCK OPTIONS	17. RESTRICTED STOCK AND STOCK OPTIONS Options As of March 31, 2022, the Company has 201,334 201,334 five years 1.49 1.7 187.94 2 0.13 0 As of March 31, 2022, the Company has 375,000 375,000 five years 5.04 1.2 125.96 2 0.06 0 SCHEDULE OF SHARE BASED PAYMENT ARRANGEMENT, OPTION, ACTIVITY Three Months Ended March 31, 2022 Number of Options Weighted average exercise price Outstanding, beginning January 1, 2022 201,334 $ 1.49 Granted 375,000 $ 5.04 Exercised - $ 1.49 Outstanding, ending March 31, 2022 576,334 $ 3.80 Exercisable at March 31, 2022 225,666 $ 3.46 The above table does not include the 429,000 Aggregate intrinsic value of options outstanding at March 31, 2022 was $ 0.5 4.10 During the three months ended March 31, 2022 and 2021, the Company charged a total of $ 0.6 0.1 1.1 576,334 three years The stock options were exercised for 100,667 0.1 Restricted Stock Grant to Executives With an effective date of January 4, 2021, subject to the iSun, Inc. 2020 Equity Incentive Plan, (the “2020 Plan”), the Company entered into a restricted stock grant agreement with our Chief Executive Officer Jeffrey Peck, Chief Financial Officer John Sullivan, Executive Vice President Fredrick Myrick, and Chief Strategy Officer Michael dAmato in January 2021 (the January 2021 RSGAs). All shares issuable under the January 2021 RSGA are valued as of the grant date at $ 6.15 241,000 80,333 80,333 80,334 With an effective date of January 24, 2022, subject to the iSun, Inc. 2020 Equity Incentive Plan, (the “2020 Plan”), the Company entered into a restricted stock grant agreement with our Chief Executive Officer Jeffrey Peck, Chief Financial Officer John Sullivan, Executive Vice President Fredrick Myrick, and Chief Strategy Officer Michael dAmato in January 2022 (the January 2022 RSGAs). All shares issuable under the January 2022 RSGA are valued as of the grant date at $ 5.04 187,500 62,500 62,500 62,500 In the three months ended March 31, 2022 and 2021, stock-based compensation expense of $ 0.5 0.1 Stock-based compensation, excluding the January 2022 and 2021 RSGA, related to employee and director options totaled $ 0.1 0.0 On December 17, 2021, the stockholders approved an amendment to the 2020 Equity Incentive Plan increasing the available shares of Common Stock to 3,000,000

INVESTMENTS

INVESTMENTS	3 Months Ended
	Mar. 31, 2022
Investments, All Other Investments [Abstract]
INVESTMENTS	18. INVESTMENTS Investments consist of: (In thousands) SCHEDULE OF INVESTMENT March 31, 2022 December 31, 2021 GreenSeed Investors, LLC $ 4,224 $ 4,324 Investment in Solar Project Partners, LLC 96 96 Investment in Gemini Electric Mobility Co. 2,000 2,000 Investment in NAD Grid Corp. d/b/a AmpUp 1,000 1,000 Investment in Encore Renewables 5,000 5,000 Total $ 12,320 $ 12,420 GreenSeed Investors, LLC and Solar Project Partners, LLC The Company entered into an Exchange and Subscription Agreement (the “Exchange Agreement”) dated April 22, 2020 with GreenSeed Investors, LLC, a Delaware limited liability company (“GSI”), and Solar Project Partners, LLC, a Delaware limited liability company (“SPP”). The primary purpose of GSI is to facilitate the green bond platform and provide capital for the acquisition of solar projects by SPP. The investment in GSI provides access to early stage financing to support the Company’s EPC operations while establishing a large pipeline of projects. The investment in SPP provides the Company with the opportunity to retain a long-term ownership in the completed solar projects. As such, the Company recorded the investments as long-term other assets. Pursuant to the Exchange Agreement, the Company subscribed for 500,000 200,000 10.00 500,000 5.0 100,000 275,000 15.00 117,376 The Exchange Agreement provides that as long as the dividend payment on the Preferred Shares in each calendar quarter is equal to the aggregate distribution with respect to the GSI Units, such payments and distributions shall be offset and neither GSI nor the Company need to make any cash payments to the other. For the three months ended March 31, 2022, the Company received a return of capital from GSI in the amount of $ 100,000 100,000 The Company granted to GSI the right to repurchase up to 400,000 50,000 10.00 4.0 The Company granted to GSI registration rights with respect to the Preferred Shares, the Warrant, and the Common Stock underlying the Warrant. The GSI and SPP investments are measured at cost, less impairment, if any, plus or minus changes resulting from observable price changes in ordinary transactions for the identical or similar investment of the same issuer. As the Company does not have significant influence over operating or financial policies of GSI and SPP, the cost method of accounting for the investment was determined to be appropriate. Changes in the fair value of the investment are recorded as net appreciation in fair value of investment in the Consolidated Statements of Operations. No Gemini and AmpUp On March 18, 2021, the Company made a minority investment of $ 1.5 On May 6, 2021, the Company made an additional minority investment of $ 0.5 On March 18, 2021, the Company made a minority investment of $ 1.0 The Gemini and AmpUp investments are measured at cost, less impairment, if any, plus or minus changes resulting from observable price changes in ordinary transactions for the identical or similar investment of the same issuer. These investments are minority investments intended to support electric vehicle infrastructure development. The Company has no control in these entities. Changes in the fair value of the investment are recorded as net appreciation in fair value of investment in the Consolidated Statements of Operations. At March 31, 2022, the equity investment for Gemini and AmpUp was $ 2.0 1.0 No Encore Renewables On November 24, 2021, the Company entered into a Membership Unit Purchase Agreement pursuant to which the Company invested $ 5.0 9.1 The Encore investment is measured at cost, less impairment, if any, plus or minus changes resulting from observable price changes in ordinary transactions for the identical or similar investment of the same issuer. As the Company does not have significant influence over operating or financial policies of Encore, the cost method of accounting for the investment was determined to be appropriate. Changes in the fair value of the investment are recorded as net appreciation in fair value of investment in the Consolidated Statements of Operations. No

STOCK REDEMPTION

STOCK REDEMPTION	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
STOCK REDEMPTION	19. STOCK REDEMPTION On January 25, 2021, the Company purchased 34,190 19.68 five 673,000

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	20. SUBSEQUENT EVENTS 2020 Equity Incentive Plan With an effective date of April 18, 2022, subject to the iSun, Inc. 2020 Equity Incentive Plan, (the “2020 Plan”), the Company entered into a Restricted Stock Grant Agreements with our Chief Executive Officer Jeffrey Peck, Chief Financial Officer John Sullivan, Executive Vice President Fredrick Myrick, and Chief Strategy Officer Michael dAmato in January 2022 (the April 2022 RSGAs). All shares issuable under the April 2022 RSGAs are valued as of the grant date at $ 5.04 337,033 112,345 112,345 112,343 Sale of Common Stock pursuant to S-3 Registration Statement Subsequent to March 31, 2022, 309,038 1.28 4.14 1.24 4.01

SUMMARY OF OPERATIONS AND SIG_2

SUMMARY OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	a)  Organization iSun, Inc. is a solar engineering, construction and procurement contractor for commercial, industrial, residential and utility customers. The Company also provides electrical contracting services and data and communication services. The work is performed under fixed-price and modified fixed-price contracts and time and materials contracts. The Company is incorporated in the State of Delaware and has its corporate headquarters in Williston, Vermont. On September 8, 2021, iSun, Inc. entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, iSun Residential Merger Sub, Inc., a Vermont corporation (the “Merger Sub”) and wholly-owned subsidiary of iSun Residential, Inc., a Delaware corporation (“iSun Residential”) and wholly-owned subsidiary of the Company, SolarCommunities, Inc., a Vermont benefit corporation (“SunCommon”), and Jeffrey Irish, James Moore, and Duane Peterson as a “Shareholder Representative Group” of the holders of SunCommon’s capital stock (the “SunCommon Shareholders”), pursuant to which the Merger Sub merged with and into SunCommon (the “Merger”) with SunCommon as the surviving company in the Merger and SunCommon became a wholly-owned subsidiary of iSun Residential. The Merger was effective on October 1, 2021. Effective January 19, 2021, the Company changed its corporate name from The Peck Company Holdings, Inc. to iSun, Inc. (the “Name Change”). The Name Change was affected through a parent/subsidiary short-form merger of iSun, Inc., our wholly-owned Delaware subsidiary formed solely for the purpose of the name change, with and into us. We were the surviving entity. To effectuate the short-form merger, we filed a Certificate of Merger with the Secretary of State of the State of Delaware on January 19, 2021. The merger became effective on January 19, 2021 with the State of Delaware and, for purposes of the quotation of our Common Stock on the Nasdaq Capital Market (“Nasdaq”), effective at the open of the market on January 20, 2021. On April 6, 2021, iSun Utility, LLC (“iSun Utility”), a Delaware limited liability company and wholly-owned subsidiary of iSun, Inc., a Delaware corporation (the “Company”), Adani Solar USA, Inc., a Delaware corporation (Adani”), and Oakwood Construction Services, Inc., a Delaware corporation (“Oakwood”) entered into an Assignment Agreement (the “Assignment”), pursuant to which iSun Utility acquired all rights to the intellectual property of Oakwood and its affiliates (the “Project IP”). Oakwood is a utility-scale solar EPC company and a wholly-owned subsidiary of Adani. The Project IP includes all of the intellectual property, project references, templates, client lists, agreements, forms and processes of Adani’s U.S. solar business. The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022 or any other period. The accompanying financial statements should be read in conjunction with the Company’s audited financial statements and related notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.
Principles of Consolidation	b) Principles of Consolidation The accompanying consolidated financial statements include the accounts of iSun, Inc. and its direct and indirect wholly owned operating subsidiaries, iSun Residential, Inc., SolarCommunities, Inc., iSun Industrial, LLC, Peck Electric Co., Liberty Electric, Inc., iSun Utility, LLC, iSun Corporate, LLC and iSun Energy, LLC. All material intercompany transactions have been eliminated upon consolidation of these entities.
Revenue Recognition	c) Revenue Recognition The majority of the Company’s revenue arrangements generally consist of a single performance obligation to transfer promised goods or services. 1) Revenue Recognition Policy Solar Power Systems Sales and Engineering, Procurement, and Construction Services The Company recognizes revenue from the sale of solar power systems, Engineering, Procurement and Construction (“EPC”) services, and other construction-type contracts over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Construction contracts, such as the sale of a solar power system combined with EPC services, are generally accounted for as a single unit of account (a single performance obligation) and are not segmented between types of services. Our contracts often require significant services to integrate complex activities and equipment into a single deliverable, and are therefore generally accounted for as a single performance obligation, even when delivering multiple distinct services. For such services, the Company recognizes revenue using the cost to cost method, based primarily on contract cost incurred to date compared to total estimated contract cost. The cost to cost method (an input method) is the most faithful depiction of the Company’s performance because it directly measures the value of the services transferred to the customer. Cost of revenue includes an allocation of indirect costs including depreciation and amortization. Subcontractor materials, labor and equipment, are included in revenue and cost of revenue when management believes that the Company is acting as a principal rather than as an agent (i.e., the Company integrates the materials, labor and equipment into the deliverables promised to the customer). Changes to total estimated contract cost or losses, if any, are recognized in the period in which they are determined as assessed at the contract level. Pre-contract costs are expensed as incurred unless they are expected to be recovered from the customer. As of March 31, 2022 and December 31, 2021, the Company had $ 0 30 45 For sales of solar power systems in which the Company sells a controlling interest in the project to a customer, revenue is recognized for the consideration received when control of the underlying project is transferred to the customer. Revenue may also be recognized for the sale of a solar power system after it has been completed due to the timing of when a sales contract has been entered into with the customer. Energy Generation Revenue from net metering credits is recorded as electricity is generated from the solar arrays and billed to customers (PPA off-taker) at the price rate stated in the applicable power purchase agreement (PPA). Operation and Maintenance and Other Miscellaneous Services Revenue for time and materials contracts is recognized as the service is provided. 2) Disaggregation of Revenue from Contracts with Customers The following table disaggregates the Company’s revenue based on the timing of satisfaction of performance obligations for the three months ended March 31, 2022 and March 31, 2021: (In thousands) SCHEDULE OF DISAGGREGATION OF REVENUE 2022 2021 Solar Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 13,608 $ 6,093 Total $ 13,608 $ 6,093 Electric Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 1,267 $ 889 Total $ 1,267 $ 889 Data and Network Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 212 $ 279 Total $ 212 $ 279 Total Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 15,087 $ 7,261 Total $ 15,087 $ 7,261 The following table disaggregates the Company’s Solar Operations revenue based operational segment for the three months ended March 31, 2022 and March 31, 2021: (In thousands) SCHEDULE OF REVENUE BASED OPERATIONAL SEGMENT 2022 2021 Solar Operations Residential $ 6,397 $ - Commercial and Industrial 5,682 6,093 Utility 1,529 - Total $ 13,608 $ 6,093 3) Variable Consideration The nature of the Company’s contracts gives rise to several types of variable consideration, including claims and unpriced change orders; award and incentive fees; and liquidated damages and penalties. The Company recognizes revenue for variable consideration when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company estimates the amount of revenue to be recognized on variable consideration using the expected value (i.e., the sum of a probability-weighted amount) or the most likely amount method, whichever is expected to better predict the amount. Factors considered in determining whether revenue associated with claims (including change orders in dispute and unapproved change orders in regard to both scope and price) should be recognized include the following: (a) the contract or other evidence provides a legal basis for the claim, (b) additional costs were caused by circumstances that were unforeseen at the contract date and not the result of deficiencies in the Company’s performance, (c) claim-related costs are identifiable and considered reasonable in view of the work performed, and (d) evidence supporting the claim is objective and verifiable. If the requirements for recognizing revenue for claims or unapproved change orders are met, revenue is recorded only when the costs associated with the claims or unapproved change orders have been incurred. Back charges to suppliers or subcontractors are recognized as a reduction of cost when it is determined that recovery of such cost is probable and the amounts can be reliably estimated. Disputed back charges are recognized when the same requirements described above for claims accounting have been satisfied. 4) Remaining Performance Obligation Remaining performance obligations, or backlog, represents the aggregate amount of the transaction price allocated to the remaining obligations that the Company has not performed under its customer contracts. The Company has elected to use the optional exemption in ASC 606-10-50-14, which exempts an entity from such disclosures if a performance obligation is part of a contract with an original expected duration of one year or less. 5) Warranties The Company generally provides limited workmanship warranties up to five years
Accounts Receivable	d) Accounts Receivable Accounts receivable are recorded when invoices are issued and presented on the balance sheet net of the allowance for doubtful accounts. The allowance, which was $ 84,000 84,000
Concentration and Credit Risks	e) Concentration and Credit Risks (In thousands) The Company occasionally has cash balances in a single financial institution during the year in excess of the Federal Deposit Insurance Corporation (FDIC) limits. The differences between book and bank balances are outstanding checks and deposits in transit. At March 31, 2022, the uninsured balances were approximately $ 1,893
Use of Estimates	f) Use of Estimates The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates their estimates, including those related to inputs used to recognize revenue over time, estimates in recording the business combinations, goodwill, intangibles, investments, impairment on investments, warranty liability and valuation of deferred tax assets. Actual results could differ from those estimates.
Recently Issued Accounting Pronouncements	g) Recently Issued Accounting Pronouncements In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): On May 03, 2021, the FASB issued Accounting Standards Update (ASU) 2021-04, Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) On May 03, 2021, the FASB issued Accounting Standards Update (ASU) 2021-04, Earnings Per Share (Topic 260), Debt— Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options
Fair Value of Financial Instruments	h) Fair Value of Financial Instruments The Company’s financial instruments include cash and cash equivalents, accounts receivable, cash collateral deposited with insurance carriers, deferred compensation plan liabilities, accounts payable and other current liabilities, and debt obligations. Fair value is the price that would be received to sell an asset or the amount paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value guidance establishes a valuation hierarchy, which requires maximizing the use of observable inputs when measuring fair value. The three levels of inputs that may be used are: (i) Level 1 - quoted market prices in active markets for identical assets or liabilities; (ii) Level 2 - observable market-based inputs or other observable inputs; and (iii) Level 3 - significant unobservable inputs that cannot be corroborated by observable market data, which are generally determined using valuation models incorporating management estimates of market participant assumptions. In instances in which the inputs used to measure fair value fall into different levels of the fair value hierarchy, the fair value measurement classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Management’s assessment of the significance of a particular item to the fair value measurement in its entirety requires judgment, including the consideration of inputs specific to the asset or liability. Fair values of financial instruments are estimated using public market prices, quotes from financial institutions and other available information. Due to their short-term maturity, the carrying amounts of cash, accounts receivable, accounts payable and other current liabilities approximate their fair values. Management believes the carrying values of notes and other receivables, cash collateral deposited with insurance carriers, and outstanding balances on its line of credit and long-term debt approximate their fair values as these amounts are estimated using public market prices, quotes from financial institutions and other available information.
Debt Extinguishment	i) Debt Extinguishment Under ASC 470, debt should be derecognized when the debt is extinguished, in accordance with the guidance in ASC 405-20, Liabilities: Extinguishments of Liabilities. 2,000,000 2,591,500
Inventory	j) Inventory Inventory is valued at lower of cost or net realizable value determined by the first-in, first-out method. Inventory primarily consists of solar panels and other materials. The Company reviews the cost of inventories against their estimated net realizable value and records write-downs if any inventories have costs in excess of their net realizable values. Inventory is presented net of an allowance of $ 0
Warrant liability	k) Warrant liability The Company accounts for warrants to acquire shares of Common Stock as liabilities held at fair value on the consolidated balance sheets. The warrants are subject to remeasurement at each balance sheet date and any change in fair value is recognized as a change in fair value of warrant liabilities in the Company’s consolidated statements of operations. The Company will continue to adjust the liability for changes in fair value until the earlier of the exercise or expiration of the warrants. At that time, the warrant liability will be reclassified to additional paid-in capital.
Segment Information	l) Segment Information Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision-making group, in deciding the method to allocate resources and assess performance. The Company currently has one
Legal contingencies	m) Legal contingencies The Company accounts for liabilities resulting from legal proceedings when it is possible to evaluate the likelihood of an unfavorable outcome in order to provide an estimate for the contingent liability. At March 31, 2022 and 2021, there are no material contingent liabilities arising from pending litigation.

SUMMARY OF OPERATIONS AND SIG_3

SUMMARY OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF DISAGGREGATION OF REVENUE	The following table disaggregates the Company’s revenue based on the timing of satisfaction of performance obligations for the three months ended March 31, 2022 and March 31, 2021: (In thousands) SCHEDULE OF DISAGGREGATION OF REVENUE 2022 2021 Solar Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 13,608 $ 6,093 Total $ 13,608 $ 6,093 Electric Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 1,267 $ 889 Total $ 1,267 $ 889 Data and Network Operations Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 212 $ 279 Total $ 212 $ 279 Total Performance obligations satisfied at a point in time $ - $ - Performance obligations satisfied over time $ 15,087 $ 7,261 Total $ 15,087 $ 7,261

BUSINESS ACQUISITIONS (Tables)

BUSINESS ACQUISITIONS (Tables)	3 Months Ended
	Mar. 31, 2022
Business Acquisition [Line Items]
SCHEDULE OF PRO FORMA INFORMATION	SCHEDULE OF PRO FORMA INFORMATION For the three months ending March 31, (in thousands) 2021 Revenue, net $ 14,249 Net loss $ (4,090 ) Weighted average shares of common stock outstanding, basic and diluted 9,535,943 Net loss per share, basic and diluted $ (0.43 )
Solar Communities, Inc. [Member]
Business Acquisition [Line Items]
SCHEDULE OF BUSINESS ACQUISITIONS	SCHEDULE OF BUSINESS ACQUISITIONS Purchase price (in thousands): $ 15,965 Fair value of iSun’s shares of Common Stock issued ( 1,810,955 8.816 $ 15,965 Cash paid 25,535 Earnout provision 6,800 Total consideration transferred $ 48,300 Fair value of identifiable assets acquired: Cash and cash equivalents $ 581 Accounts receivable 3,409 Inventory 2,653 Contract assets 610 Premises and equipment 4,447 Trademark and brand 11,980 Backlog 3,220 Other current assets 762 Total identifiable assets $ 27,662 Fair value of identifiable liabilities assumed: Accounts payable and accrued liabilities $ 5,562 Contract liabilities 1,103 Customer deposits 355 Deferred tax liabilities 2,070 Loans payable 6,282 Other liabilities 17 Total identifiable liabilities $ 15,389 Net assets acquired including identifiable intangible assets 12,273 Goodwill $ 36,027
Liberty Electric, Inc. [Member]
Business Acquisition [Line Items]
SCHEDULE OF BUSINESS ACQUISITIONS	SCHEDULE OF BUSINESS ACQUISITIONS Purchase price (in thousands): $ 250 Fair value of iSun’s shares of Common Stock issued ( 29,749 8.4035 $ 250 Cash paid 1,195 Earnout provision - Total consideration transferred $ 1,445 Fair value of identifiable assets acquired: Accounts receivable $ 562 Inventory 90 Contract assets 97 Premises and equipment 38 Other current assets 2 Total identifiable assets $ 789 Fair value of identifiable liabilities assumed: Accounts payable and accrued liabilities $ 219 Contract liabilities 5 Total identifiable liabilities $ 224 Net assets acquired including identifiable intangible assets 565 Goodwill $ 880 (1) The earnout provision has been deemed unlikely to be achieved and has not been included in the allocation of the purchase price.

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	Accounts receivable consist of: (In thousands) SCHEDULE OF ACCOUNTS RECEIVABLE March 31, 2022 December 31, 2021 Accounts receivable - contracts in progress $ 13,332 $ 13,886 Accounts receivable - retainage 506 535 Accounts receivable 13,838 14,421 Allowance for doubtful accounts (84 ) (84 ) Total $ 13,754 $ 14,337
SCHEDULE OF CONTRACT ASSETS AND LIABILITIES	Contract assets represent revenue recognized in excess of amounts billed, unbilled receivables, and retainage. Unbilled receivables represent an unconditional right to payment subject only to the passage of time, which are reclassified to accounts receivable when they are billed under the terms of the contract. Contract assets were as follows at March 31, 2022 and 2021: SCHEDULE OF CONTRACT ASSETS AND LIABILITIES (In thousands) March 31, 2022 December 31, 2021 Costs in excess of billings $ 2,205 $ 3,452 Unbilled receivables, included in costs in excess of billings 1,322 552 Costs and estimated earnings in excess of billings 3,527 4,004 Retainage 506 535 Total $ 4,033 $ 4,539 Contract liabilities represent amounts billed to clients in excess of revenue recognized to date, billings in excess of costs, and retainage. The Company anticipates that substantially all incurred cost associated with contract assets as of March 31, 2022 will be billed and collected within one year. Contract liabilities were as follows at March 31, 2022 and December 31, 2021: (In thousands) March 31, 2022 December 31, 2021 Billings in excess of costs $ 3,221 $ 2,389

CONTRACTS IN PROGRESS (Tables)

CONTRACTS IN PROGRESS (Tables)	3 Months Ended
	Mar. 31, 2022
Contracts In Progress
SCHEDULE OF CONTRACTS IN PROGRESS	Information with respect to contracts in progress are as follows: SCHEDULE OF CONTRACTS IN PROGRESS (In thousands) March 31, 2022 December 31, 2021 Expenditures to date on uncompleted contracts $ 14,465 $ 13,716 Estimated earnings thereon 2,664 2,784 Contract costs 17,129 16,500 Less billings to date (18,763 ) (15,436 ) Contract costs, net of billings (1,634 ) 1,063 Plus under billings remaining on contracts 100% complete 1,940 552 Total $ 306 $ 1,615 Included in accompany balance sheets under the following captions: (In thousands) March 31, 2022 December 31, 2021 Cost and estimated earnings in excess of billings $ 3,527 $ 4,004 Billings in excess of costs and estimated earnings on uncompleted contracts (3,221 ) (2,389 ) Total $ 306 $ 1,615

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
SUMMARY OF LONG-TERM DEBT	A summary of long-term debt is as follows: SUMMARY OF LONG-TERM DEBT (In thousands) March 31, 2022 December 31, 2021 $ 630 $ 641 NBT Bank, National Association, 4.25% monthly 5,869 $ 630 $ 641 NBT Bank, National Association, 4.20 monthly 3,293 - 216 NBT Bank, National Association, 4.15 monthly 3,677 165 174 NBT Bank, National Association, 4.20 monthly 5,598 363 377 NBT Bank, National Association, 4.85 monthly 2,932 40 48 Various vehicle loans, interest ranging from 0 10.09 monthly 34,878 1,098 1,147 National Bank of Middlebury, 3.95% 5 10 2.75 3.95 monthly 2,388 41 48 B. Riley Commercial Capital, LLC, 8.0 - 6,046 Unsecured note payable in connection with the PPP, established by the federal government Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which bears interest at 1 - 2,592 March 31, 2021 December 31, 2021 CSA 5: Payable in monthly 2,414 5.5 - 119 CSA 17: Payable in monthly 2,414 5.5 - 133 CSA 36: Payable in monthly 2,414 5.5 132 137 CSA 5: Payable in monthly 1,104 552 monthly 2,485 monthly 20,142 11.25% - 118 CSA 17: Payable in monthly 1,104 552 monthly 2,485 monthly 20,142 11.25% - 118 CSA 36: Payable in monthly 1,104 552 monthly 2,485 monthly 20,142 11.25% 118 118 Equipment loans 86 94 Easement liabilities 29 31 2,702 12,157 Less current portion (562 ) (6,694 ) 2,140 5,463 Less debt issuance costs (13 ) (314 ) Long-term debt $ 2,127 $ 5,149
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	Maturities of long-term debt are as follows: (In thousands) SCHEDULE OF MATURITIES OF LONG-TERM DEBT Year ending December 31: Amount Remainder of 2022 $ 461 2023 497 2024 449 2025 354 2026 753 2027 and thereafter 188 Total $ 2,702

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS	Future minimum lease payments required under all of the non-cancelable operating leases are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Years ending December 31: Amount Remainder of 2022 $ 612 2023 815 2024 799 2025 796 2026 625 Thereafter 1,256 Total future minimum lease payments $ 4,903

WARRANTS (Tables)

WARRANTS (Tables)	3 Months Ended
	Mar. 31, 2022
Warrants
SCHEDULE OF WARRANTS	SCHEDULE OF WARRANTS March 31, 2022 December 31, 2021 Beginning balance 69,144 4,163,926 Granted - - Exercised - (3,641,018 ) Redeemed - (453,764 ) Ending balance 69,144 69,144

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
SCHEDULE OF FAIR VALUE MEASUREMENT INPUTS	SCHEDULE OF FAIR VALUE MEASUREMENT INPUTS Input Mark-to-Market Measurement at March 31, 2022 Mark-to-Market Measurement at December 31, 2021 Risk-free rate 2.28 % 0.06 % Remaining term in years 2.22 2.47 Expected volatility 151.05 % 152.90 % Exercise price $ 11.50 $ 11.50 Fair value of common stock $ 4.10 $ 5.96
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS	The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy: SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS Fair Value Measurement as of March 31, 2022 Total Level 1 Level 2 Level 3 Liabilities: Public Warrants $ - $ $ $ - Private Warrants 85 - - 85 Fair Value Measurement as of December 31, 2021 Total Level 1 Level 2 Level 3 Liabilities: Public Warrants $ - $ $ $ - Private Warrants 148 - - 148
SCHEDULE OF ROLL FORWARD OF LEVEL 3 INSTRUMENTS	The following is a roll forward of the Company’s Level 3 instruments: SCHEDULE OF ROLL FORWARD OF LEVEL 3 INSTRUMENTS March 31, 2022 December 31, 2021 Beginning balance $ 148 $ 350 Fair value adjustment – Warrant liability (63 ) (202 ) Ending balance $ 85 $ 148

UNION ASSESSMENTS (Tables)

UNION ASSESSMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
SCHEDULE OF UNION ASSESSMENTS	The Company has an agreement with the IBEW in respect to rates of pay, hours, benefits, and other employment conditions that expires May 31, 2022. During the three months ended March 31, 2022 and 2021, the Company incurred the following union assessments. SCHEDULE OF UNION ASSESSMENTS (In thousands) Three Months Ended March 31, 2022 2021 Pension fund $ 162 $ 118 Welfare fund 322 343 National employees benefit fund 28 34 Joint apprenticeship and training committee 15 20 401(k) matching 49 21 Total $ 576 $ 536

PROVISION FOR INCOME TAXES (Tab

PROVISION FOR INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT)	The provision for income taxes for March 31, 2022 and 2021 consists of the following: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT) 2022 2021 (In thousands) Three Months Ended March 31, 2022 2021 Current Federal $ - $ - State - 1 Total Current - 1 Deferred Federal (1,270 ) 162 State (406 ) 51 Change in valuation allowance 904 - Total Deferred (772 ) 213 (Benefit) provision from Income Taxes $ (772 ) $ 214
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES	The Company’s total deferred tax assets and liabilities at March 31, 2022 and December 31, 2021 are as follows: SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES (In thousands) March 31, 2022 December 31, 2021 Deferred tax assets (liabilities) Accruals and reserves $ 150 $ 170 Tax credits 514 514 Stock-based compensation 29 - Net operating loss 7,131 6,182 Less valuation allowance (904 ) - Net deferred tax assets 6,920 6,866 Property and equipment (2,274 ) (3,466 ) Intangibles (4,646 ) (3,857 ) Stock-based compensation - (315 ) Total deferred tax liabilities (6,920 ) (7,638 ) Net deferred tax asset (liabilities) $ - $ (772 )
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION	Reconciliation between the effective tax on income from operations and the statutory tax rate is as follows: SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION 2022 2021 (In thousands) Three Months Ended March 31, 2022 2021 Income tax (benefit) expense at federal statutory rate $ (773 ) $ (609 ) Paycheck Protection Program tax exempt loan forgiveness (544 ) - Permanent tax differences - 184 Permanent differences for change in fair value of warrants (13 ) - Non-deductible goodwill and other intangible - 833 Valuation allowance 904 State and local taxes net of federal benefit (346 ) (194 ) Total $ (772 ) $ 214

CAPTIVE INSURANCE (Tables)

CAPTIVE INSURANCE (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, All Other Investments [Abstract]
SUMMARY OF FINANCIAL INFORMATION	Summary financial information on NCL as of September 30, 2021 is: (In thousands) SUMMARY OF FINANCIAL INFORMATION Total assets $ 133,377 Total liabilities $ 63,743 Comprehensive income $ 12,496 NCL’s fiscal year end is September 30, 2021. (In thousands) March 31, 2022 December 31, 2021 Investment in NCL Capital $ 36 $ 36 Cash security 194 194 Investment income in excess of losses (incurred and reserves) 40 40 Totals $ 270 $ 270

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
SCHEDULE OF POTENTIAL SHARE ISSUANCES EXCLUDED FROM COMPUTATION OF EARNINGS (LOSS) PER SHARE	SCHEDULE OF POTENTIAL SHARE ISSUANCES EXCLUDED FROM COMPUTATION OF EARNINGS (LOSS) PER SHARE Three Months Ended March 31, 2022 2021 Option to purchase Common Stock, from Jensyn’s IPO 429,000 429,000 Warrants to purchase Common Stock, from Jensyn’s IPO 34,572 565,025 Warrants to purchase Common Stock, from Solar Project Partners, LLC. Exchange and Subscription Agreement - - Conversion of Preferred Stock to Common Stock from GreenSeed Investors, LLC Exchange and Subscription Agreement - - Unvested restricted stock awards 205,335 161,470 Unvested options to purchase Common Stock 350,668 - Totals 1,019,575 1,155,495

RESTRICTED STOCK AND STOCK OP_2

RESTRICTED STOCK AND STOCK OPTIONS (Tables)	3 Months Ended
	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
SCHEDULE OF SHARE BASED PAYMENT ARRANGEMENT, OPTION, ACTIVITY	SCHEDULE OF SHARE BASED PAYMENT ARRANGEMENT, OPTION, ACTIVITY Three Months Ended March 31, 2022 Number of Options Weighted average exercise price Outstanding, beginning January 1, 2022 201,334 $ 1.49 Granted 375,000 $ 5.04 Exercised - $ 1.49 Outstanding, ending March 31, 2022 576,334 $ 3.80 Exercisable at March 31, 2022 225,666 $ 3.46

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, All Other Investments [Abstract]
SCHEDULE OF INVESTMENT	Investments consist of: (In thousands) SCHEDULE OF INVESTMENT March 31, 2022 December 31, 2021 GreenSeed Investors, LLC $ 4,224 $ 4,324 Investment in Solar Project Partners, LLC 96 96 Investment in Gemini Electric Mobility Co. 2,000 2,000 Investment in NAD Grid Corp. d/b/a AmpUp 1,000 1,000 Investment in Encore Renewables 5,000 5,000 Total $ 12,320 $ 12,420

SCHEDULE OF DISAGGREGATION OF R

SCHEDULE OF DISAGGREGATION OF REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue	$ 15,087	$ 7,261
Transferred at Point in Time [Member]
Revenue
Transferred over Time [Member]
Revenue	15,087	7,261
Solar Operations [Member]
Revenue	13,608	6,093
Solar Operations [Member] | Transferred at Point in Time [Member]
Revenue
Solar Operations [Member] | Transferred over Time [Member]
Revenue	13,608	6,093
Electric Operations [Member]
Revenue	1,267	889
Electric Operations [Member] | Transferred at Point in Time [Member]
Revenue
Electric Operations [Member] | Transferred over Time [Member]
Revenue	1,267	889
Data and Network Operations [Member]
Revenue	212	279
Data and Network Operations [Member] | Transferred at Point in Time [Member]
Revenue
Data and Network Operations [Member] | Transferred over Time [Member]
Revenue	$ 212	$ 279

SCHEDULE OF REVENUE BASED OPERA

SCHEDULE OF REVENUE BASED OPERATIONAL SEGMENT (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue	$ 15,087	$ 7,261
Solar Operations [Member]
Revenue	13,608	6,093
Residential [Member] | Solar Operations [Member]
Revenue	6,397
Commercial and Industrial [Member] | Solar Operations [Member]
Revenue	5,682	6,093
Utility [Member] | Solar Operations [Member]
Revenue	$ 1,529

SUMMARY OF OPERATIONS AND SIG_4

SUMMARY OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended		12 Months Ended
	Mar. 31, 2022USD ($)Segment	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Pre-Contract Costs, Current	$ 0		$ 0
Allowance for doubtful accounts	84,000		84,000
Uninsured cash balances	1,893,000
Gain on forgiveness of PPP loan	2,592,000
Inventory allowance	$ 0		0
Number of reportable segments | Segment	1
PPP [Member]
Gain on forgiveness of PPP loan	$ 2,591,500
PPP [Member]
Gain on forgiveness of PPP loan			$ 2,000,000
Minimum [Member]
Payment period on construction contracts	30 days
Maximum [Member]
Payment period on construction contracts	45 days
Workmanship warranties period	5 years

SCHEDULE OF BUSINESS ACQUISITIO

SCHEDULE OF BUSINESS ACQUISITIONS (Details) - USD ($)	Nov. 18, 2021	Sep. 08, 2021	Mar. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill			$ 36,907,000	$ 36,907,000
Solar Communities, Inc. [Member]
Business Acquisition [Line Items]
Fair value of iSun's shares of Common Stock issued (29,749 shares), at $8.4035 per share		$ 15,965,027
Cash paid		25,534,621
Earnout provision		6,800,000
Total consideration transferred		48,300,000
Cash and cash equivalents		581,000
Accounts receivable		3,409,000
Inventory		2,653,000
Contract assets		610,000
Premises and equipment		4,447,000
Other current assets		762,000
Total identifiable assets		27,662,000
Accounts payable and accrued liabilities		5,562,000
Contract liabilities		1,103,000
Customer deposits		355,000
Deferred tax liabilities		2,070,000
Loans payable		6,282,000
Other liabilities		17,000
Total identifiable liabilities		15,389,000
Net assets acquired including identifiable intangible assets		12,273,000
Goodwill		36,027,000
Solar Communities, Inc. [Member] | Trademarks and Trade Names [Member]
Business Acquisition [Line Items]
Intangible assets		11,980,000
Solar Communities, Inc. [Member] | Order or Production Backlog [Member]
Business Acquisition [Line Items]
Intangible assets		$ 3,220,000
Liberty Electric, Inc. [Member]
Business Acquisition [Line Items]
Fair value of iSun's shares of Common Stock issued (29,749 shares), at $8.4035 per share	$ 250,000
Cash paid	1,195,000
Earnout provision
Total consideration transferred	1,445,000
Accounts receivable	562,000
Inventory	90,000
Contract assets	97,000
Premises and equipment	38,000
Other current assets	2,000
Total identifiable assets	789,000
Accounts payable and accrued liabilities	219,000
Contract liabilities	5,000
Total identifiable liabilities	224,000
Net assets acquired including identifiable intangible assets	565,000
Goodwill	$ 880,000

SCHEDULE OF BUSINESS ACQUISIT_2

SCHEDULE OF BUSINESS ACQUISITIONS (Details) (Parenthetical) - $ / shares	Nov. 18, 2021	Sep. 08, 2021
Solar Communities, Inc. [Member]
Business Acquisition [Line Items]
Shares issued (in shares)		1,810,955
Business acquisition, share price		$ 8.816
Liberty Electric, Inc. [Member]
Business Acquisition [Line Items]
Shares issued (in shares)	29,749
Business acquisition, share price	$ 8.4035

SCHEDULE OF PRO FORMA INFORMATI

SCHEDULE OF PRO FORMA INFORMATION (Details) - Solar Communities, Inc. and Liberty Electric Inc. [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Revenue, net	$ 14,249
Net loss	$ (4,090)
Weighted average shares of common stock outstanding, basic	9,535,943
Net loss per share, basic		$ (0.43)

BUSINESS ACQUISITIONS (Details

BUSINESS ACQUISITIONS (Details Narrative) - USD ($)	Nov. 18, 2021	Sep. 08, 2021	Dec. 31, 2021	Dec. 31, 2021
Solar Communities, Inc. [Member]
Business Acquisition [Line Items]
Consideration transferred		$ 48,300,000
Cash consideration		25,534,621
Value of common stock to be issued or issued in connection with Merger		$ 15,965,027
Business acquisition, share price		$ 8.816
Earnout provision		$ 6,800,000
Acquisition costs				$ 1,235,000
Revenue since acquisition date			$ 12,500,000
Solar Communities, Inc. [Member] | Accrued Liabilities, Current [Member]
Business Acquisition [Line Items]
Earn out provision current liability		3,500,000
Solar Communities, Inc. [Member] | Other Noncurrent Liabilities [Member]
Business Acquisition [Line Items]
Earn out provision long-term liability		3,300,000
Solar Communities, Inc. [Member] | Maximum [Member]
Business Acquisition [Line Items]
Earnout provision		$ 10,000,000
Liberty Electric, Inc. [Member]
Business Acquisition [Line Items]
Consideration transferred	$ 1,445,000
Cash consideration	1,195,000
Value of common stock to be issued or issued in connection with Merger	$ 250,000
Business acquisition, share price	$ 8.4035
Earnout provision
Revenue since acquisition date			$ 700,000
Liberty Electric, Inc. [Member] | Maximum [Member]
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	$ 300,000

LIQUIDITY AND FINANCIAL CONDI_2

LIQUIDITY AND FINANCIAL CONDITION (Details Narrative) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)MW	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Cash	$ 1,344		$ 2,242
Working capital deficit	2,300
Operating cash flow utilized	7,048	$ 5,388
Proceeds from issuance or sale of equity	10,400
Scenario, Plan [Member]
Proceeds from issuance or sale of equity	21,200
Residential [Member]
Customer orders	$ 26,200
Residential [Member] | Minimum [Member]
Completion period	3 months
Residential [Member] | Maximum [Member]
Completion period	5 months
Commercial [Member]
Contracted backlog	$ 10,800
Commercial [Member] | Minimum [Member]
Completion period	6 months
Commercial [Member] | Maximum [Member]
Completion period	8 months
Industrial [Member]
Contracted backlog	$ 91,300
Industrial [Member] | Minimum [Member]
Completion period	12 months
Industrial [Member] | Maximum [Member]
Completion period	18 months
Utility [Member]
Projects under development | MW	550

SCHEDULE OF ACCOUNTS RECEIVABLE

SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$ 13,838	$ 14,421
Allowance for doubtful accounts	(84)	(84)
Total	13,754	14,337
Contracts in Progress [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	13,332	13,886
Retainage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$ 506	$ 535

SCHEDULE OF CONTRACT ASSETS AND

SCHEDULE OF CONTRACT ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Costs in excess of billings	$ 2,205	$ 3,452
Unbilled receivables, included in costs in excess of billings	1,322	552
Costs and estimated earnings in excess of billings	3,527	4,004
Retainage	506	535
Total	4,033	4,539
Billings in excess of costs	$ 3,221	$ 2,389

ACCOUNTS RECEIVABLE (Details Na

ACCOUNTS RECEIVABLE (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Receivables [Abstract]
Bad debt expense	$ 0	$ 0

SCHEDULE OF CONTRACTS IN PROGRE

SCHEDULE OF CONTRACTS IN PROGRESS (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Capitalized Contract Cost [Line Items]
Contract costs	$ 17,129	$ 16,500
Less billings to date	(18,763)	(15,436)
Contract costs, net of billings	(1,634)	1,063
Plus under billings remaining on contracts 100% complete	1,940	552
Total	306	1,615
Cost and estimated earnings in excess of billings	3,527	4,004
Billings in excess of costs and estimated earnings on uncompleted contracts	(3,221)	(2,389)
Expenditures on Uncompleted Contracts [Member]
Capitalized Contract Cost [Line Items]
Contract costs	14,465	13,716
Earnings on Uncompleted Contracts [Member]
Capitalized Contract Cost [Line Items]
Contract costs	$ 2,664	$ 2,784

SUMMARY OF LONG-TERM DEBT (Deta

SUMMARY OF LONG-TERM DEBT (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Short-Term Debt [Line Items]
Long-term debt	$ 2,702	$ 12,157
Less current portion	(562)	(6,694)
Long-term debt, including debt issuance costs	2,140	5,463
Less debt issuance costs	(13)	(314)
Long-term debt	2,127	5,149
NBT Bank, National Association, Secured Debt, 4.25 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 630	641
Interest rate	4.25%
Frequency of payment	monthly
Installment payment	$ 5,869
NBT Bank, National Association, Secured Debt, Building, 4.20 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt		216
Interest rate	4.20%
Frequency of payment	monthly
Installment payment	$ 3,293
NBT Bank, National Association, Secured Debt, 4.15 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 165	174
Interest rate	4.15%
Frequency of payment	monthly
Installment payment	$ 3,677
NBT Bank, National Association, Secured Debt, Business Assets, 4.20 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 363	377
Interest rate	4.20%
Frequency of payment	monthly
Installment payment	$ 5,598
NBT Bank, National Association, Secured Debt, 4.85 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 40	48
Interest rate	4.85%
Frequency of payment	monthly
Installment payment	$ 2,932
Vehicle Loans [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 1,098	1,147
Frequency of payment	monthly
Installment payment	$ 34,878
National Bank of Middlebury, Secured Debt [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 41	48
Interest rate	3.95%
Debt Instrument, Term of Fixed Interest Rate	5 years
Debt Instrument, Term of Variable Interest Rate	10 years
Frequency of payment	monthly
Installment payment	$ 2,388
Loan and Security Agreement [Member]
Short-Term Debt [Line Items]
Long-term debt		6,046
Interest rate	8.00%		8.00%
Unsecured Note Payable in Connection with Payroll Protection Program [Member]
Short-Term Debt [Line Items]
Long-term debt		2,592
Interest rate	1.00%
CSA 5, Secured Debt, Interest Rate 5.5 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt		119
Interest rate	5.50%
Frequency of payment	monthly
Installment payment	$ 2,414
CSA 17, Secured Debt, Interest Rate 5.5 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt		133
Interest rate	5.50%
Frequency of payment	monthly
Installment payment	$ 2,414
CSA 36, Secured Debt, Interest Rate 5.5 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 132	137
Interest rate	5.50%
Frequency of payment	monthly
Installment payment	$ 2,414
CSA 5, Secured Debt, Interest Rate 11.25 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt		118
Interest rate	11.25%
Frequency of payment	monthly
Interest only payment	$ 1,104
Half of interest only payment	552
Installment payment	2,485
Balloon payment	20,142
CSA 17, Secured Debt, Interest Rate 11.25 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt		118
Interest rate	11.25%
Frequency of payment	monthly
Interest only payment	$ 1,104
Half of interest only payment	552
Installment payment	2,485
Balloon payment	20,142
CSA 36, Secured Debt, Interest Rate 11.25 Percent [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 118	118
Interest rate	11.25%
Frequency of payment	monthly
Interest only payment	$ 1,104
Half of interest only payment	552
Installment payment	2,485
Balloon payment	20,142
Equipment Loan [Member]
Short-Term Debt [Line Items]
Long-term debt	86	94
Easement Liabilities [Member]
Short-Term Debt [Line Items]
Long-term debt	$ 29	$ 31

SUMMARY OF LONG-TERM DEBT (De_2

SUMMARY OF LONG-TERM DEBT (Details) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Sep. 30, 2021
NBT Bank, National Association, Secured Debt, 4.25 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 5,869
Interest rate	4.25%
NBT Bank, National Association, Secured Debt, Building, 4.20 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 3,293
Interest rate	4.20%
NBT Bank, National Association, Secured Debt, 4.15 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 3,677
Interest rate	4.15%
NBT Bank, National Association, Secured Debt, Business Assets, 4.20 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 5,598
Interest rate	4.20%
NBT Bank, National Association, Secured Debt, 4.85 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 2,932
Interest rate	4.85%
Vehicle Loans [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 34,878
Vehicle Loans [Member] | Minimum [Member]
Short-Term Debt [Line Items]
Interest rate	0.00%
Vehicle Loans [Member] | Maximum [Member]
Short-Term Debt [Line Items]
Interest rate	10.09%
National Bank of Middlebury, Secured Debt [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 2,388
Interest rate	3.95%
Basis spread on variable rate	2.75%
Floor interest rate	3.95%
Loan and Security Agreement [Member]
Short-Term Debt [Line Items]
Interest rate	8.00%	8.00%
Unsecured Note Payable in Connection with Payroll Protection Program [Member]
Short-Term Debt [Line Items]
Interest rate	1.00%
CSA 5, Secured Debt, Interest Rate 5.5 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 2,414
Interest rate	5.50%
CSA 17, Secured Debt, Interest Rate 5.5 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 2,414
Interest rate	5.50%
CSA 36, Secured Debt, Interest Rate 5.5 Percent [Member]
Short-Term Debt [Line Items]
Frequency of payment	monthly
Installment payment	$ 2,414
Interest rate	5.50%

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Remainder of 2022	$ 461
2023	497
2024	449
2025	354
2026	753
2027 and thereafter	188
Total	$ 2,702	$ 12,157

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - Loan and Security Agreement [Member] - USD ($)	1 Months Ended
	Sep. 30, 2021	Mar. 31, 2022
Short-Term Debt [Line Items]
Face amount	$ 10,000,000
Maturity date	Oct. 15, 2022
Interest rate	8.00%	8.00%

LINE OF CREDIT (Details Narrati

LINE OF CREDIT (Details Narrative) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Debt Instrument [Line Items]
Line of credit	$ 5,433	$ 4,468
NBT Bank, Working Capital Line of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	6,000
Line of credit	$ 5,400	$ 4,500
Eligible accounts receivable on which borrowings are based	80.00%
NBT Bank, Working Capital Line of Credit [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt service coverage ratio	1.20
NBT Bank, Working Capital Line of Credit [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt service coverage ratio	1
NBT Bank, Working Capital Line of Credit [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Interest rate	3.50%

SCHEDULE OF FUTURE MINIMUM LEAS

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details) $ in Thousands	Mar. 31, 2022USD ($)
Commitments and Contingencies Disclosure [Abstract]
Remainder of 2022	$ 612
2023	815
2024	799
2025	796
2026	625
Thereafter	1,256
Total future minimum lease payments	$ 4,903

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details Narrative) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)ft²
Product Liability Contingency [Line Items]
Payments for rent	$ 195	$ 62
Short Term Rental Agreements [Member]
Product Liability Contingency [Line Items]
Payments for rent	210	$ 98
Vehicles and Office Equipment [Member]
Product Liability Contingency [Line Items]
Payments for rent	$ 25
Ten-Year Lease, 2020 [Member] | Building [Member]
Product Liability Contingency [Line Items]
Operating lease annual increase percentage	2.00%
Williston [Member]
Product Liability Contingency [Line Items]
Term of operating lease			10 years
Payments for rent			$ 108
Williston [Member] | Office Building [Member]
Product Liability Contingency [Line Items]
Area under lease | ft²			6,250
Williston [Member] | Warehouse [Member]
Product Liability Contingency [Line Items]
Area under lease | ft²			6,500
Waterbury [Member]
Product Liability Contingency [Line Items]
Payments for rent	$ 28
Operating lease annual increase percentage	3.00%
Rhinebeck [Member]
Product Liability Contingency [Line Items]
Payments for rent	$ 7

SCHEDULE OF WARRANTS (Details)

SCHEDULE OF WARRANTS (Details) - shares	Apr. 12, 2021	Mar. 31, 2022	Dec. 31, 2021
Warrants
Beginning balance		69,144	4,163,926
Granted
Exercised			(3,641,018)
Redeemed	453,764		(453,764)
Ending balance	0	69,144	69,144

WARRANTS (Details Narrative)

WARRANTS (Details Narrative) - USD ($)	Apr. 12, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Subsidiary, Sale of Stock [Line Items]
Warrants redeemed	453,764			(453,764)
Number of warrants or rights outstanding	0	69,144		69,144	4,163,926
Proceeds from exercise of warrants			$ 17,444,000
Common Stock [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant exercised		1,820,509
Proceeds from exercise of warrants		$ 20,906,015
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Warrant exercised		3,641,018

SCHEDULE OF FAIR VALUE MEASUREM

SCHEDULE OF FAIR VALUE MEASUREMENT INPUTS (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Jan. 25, 2021
Class of Warrant or Right [Line Items]
Fair value of common stock			$ 19.68
Private Warrants [Member]
Class of Warrant or Right [Line Items]
Risk-free rate	2.28%	0.06%
Remaining term in years	2 years 2 months 19 days	2 years 5 months 19 days
Expected volatility	151.05%	152.90%
Exercise price	$ 11.50	$ 11.50
Fair value of common stock	$ 4.10	$ 5.96

SCHEDULE OF ASSETS AND LIABILIT

SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Public Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities
Public Warrants [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities
Public Warrants [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities
Public Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities
Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities	85	148
Private Warrants [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities
Private Warrants [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities
Private Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant Liabilities	$ 85	$ 148

SCHEDULE OF ROLL FORWARD OF LEV

SCHEDULE OF ROLL FORWARD OF LEVEL 3 INSTRUMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustment – Warrant liability	$ 63	$ (262)
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning balance	148	$ 350	$ 350
Fair value adjustment – Warrant liability	(63)		(202)
Ending balance	$ 85		$ 148

SCHEDULE OF UNION ASSESSMENTS (

SCHEDULE OF UNION ASSESSMENTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Union assessments incurred	$ 576	$ 536
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Union assessments incurred	162	118
Welfare Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Union assessments incurred	322	343
National Employees Benefit Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Union assessments incurred	28	34
Joint Apprenticeship and Training Committee [Member]
Defined Benefit Plan Disclosure [Line Items]
Union assessments incurred	15	20
Matching 401(k) Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Union assessments incurred	$ 49	$ 21

SCHEDULE OF COMPONENTS OF INCOM

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Current
Federal
State		1
Total Current		1
Deferred
Federal	(1,270)	162
State	(406)	51
Change in valuation allowance	904
Total Deferred	(772)	213
(Benefit) provision from Income Taxes	$ (772)	$ 214

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Deferred tax assets (liabilities)
Accruals and reserves	$ 150	$ 170
Tax credits	514	514
Stock-based compensation	29
Net operating loss	7,131	6,182
Less valuation allowance	(904)
Net deferred tax assets	6,920	6,866
Property and equipment	(2,274)	(3,466)
Intangibles	(4,646)	(3,857)
Stock-based compensation		(315)
Total deferred tax liabilities	(6,920)	(7,638)
Net deferred tax asset (liabilities)		$ (772)

SCHEDULE OF EFFECTIVE INCOME TA

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income tax (benefit) expense at federal statutory rate	$ (773)	$ (609)
Paycheck Protection Program tax exempt loan forgiveness	(544)
Permanent tax differences		184
Permanent differences for change in fair value of warrants	(13)
Non-deductible goodwill and other intangible		833
Valuation allowance	904
State and local taxes net of federal benefit	(346)	(194)
(Benefit) provision from Income Taxes	$ (772)	$ 214

PROVISION FOR INCOME TAXES (Det

PROVISION FOR INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Uncertain tax positions	$ 0	$ 0
Interest and penalties related to income taxes	$ 0	0
Time period tax years previously filed remain subject to examination	3 years
Debt current	$ 562,000	6,694,000
Tax credit carryforwards	514,000
Valuation allowance	0
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating losses	27,000,000
Net operating losses subject to expiration	2,200,000
Net operating losses not subject to expiration		24,800,000
Payroll Protection Program Loan [Member]
Operating Loss Carryforwards [Line Items]
Face amount	1,487,624
Payroll Protection Program Loan [Member] | Loan One [Member]
Operating Loss Carryforwards [Line Items]
Debt current	2,591,500
Loan forgiven	2,591,500
Payroll Protection Program Loan [Member] | Loan Two [Member]
Operating Loss Carryforwards [Line Items]
Debt current	$ 2,000,000
Loan forgiven		$ 2,000,000

SUMMARY OF FINANCIAL INFORMATIO

SUMMARY OF FINANCIAL INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Total assets	$ 99,373	$ 103,728
Total liabilities	30,776	43,870
Investment in NCL
Totals	270	270
Navigator Casualty, LTD. [Member]
Total assets	133,377
Total liabilities	63,743
Comprehensive income	12,496
Investment in NCL
Capital	36	36
Cash security	194	194
Investment income in excess of losses (incurred and reserves)	40	40
Totals	$ 270	$ 270

CAPTIVE INSURANCE (Details Narr

CAPTIVE INSURANCE (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Net Investment Income [Line Items]
Premiums paid	$ 74,000	$ 248,000
Navigator Casualty, LTD. [Member]
Net Investment Income [Line Items]
Capital investment	36,000
Redeemable preference shares	35,900
Common shares	100
Fund A [Member] | Navigator Casualty, LTD. [Member]
Net Investment Income [Line Items]
Loss layer	100,000
Fund B [Member] | Navigator Casualty, LTD. [Member]
Net Investment Income [Line Items]
Loss layer	$ 300,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	May 31, 2018	Dec. 31, 2014	Mar. 31, 2022	Dec. 31, 2021
Majority Shareholder [Member]
Related Party Transaction [Line Items]
Proceeds from related party		$ 400
Majority Shareholder [Member] | Advance for Stock Purchase [Member]
Related Party Transaction [Line Items]
Related party transaction amount	$ 250,000
Majority Shareholder [Member] | Loan to Help with Cash Flow Needs [Member]
Related Party Transaction [Line Items]
Due to stockholders			$ 17	$ 60
Investor [Member] | Sale of Building [Member]
Related Party Transaction [Line Items]
Due to stockholders			8	21
Stockholders [Member] | Buyout of Minority Stockholder [Member]
Related Party Transaction [Line Items]
Due to stockholders			$ 9	$ 39

DEFERRED COMPENSATION PLAN (Det

DEFERRED COMPENSATION PLAN (Details Narrative) - Investor [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Minimum commitment for future compensation	$ 155
Net present value of future compensation	$ 59
Solar management fee	24.50%

SCHEDULE OF POTENTIAL SHARE ISS

SCHEDULE OF POTENTIAL SHARE ISSUANCES EXCLUDED FROM COMPUTATION OF EARNINGS (LOSS) PER SHARE (Details) - shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	1,019,575	1,155,495
Payroll Protection Program [Member] | Jensyn Acquisition Corp. [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	429,000	429,000
Warrant [Member] | Jensyn Acquisition Corp. [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	34,572	565,025
Warrants to Purchase Common Stock from Solar Project Partners, LLC Exchange and Subscription Agreement [Member] | Solar Project Partners, LLC [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals
Conversion of Preferred Stock to Common Stock from Green Seed Investors LLC Exchange and Subscription Agreement [Member] | Green Seed Investors, LLC [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	205,335	161,470
Unvested Options To Purchase Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	350,668

SCHEDULE OF SHARE BASED PAYMENT

SCHEDULE OF SHARE BASED PAYMENT ARRANGEMENT, OPTION, ACTIVITY (Details) - Share-Based Payment Arrangement, Option [Member] - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding beginning balance	201,334
Outstanding per share	$ 1.49
Granted	375,000
Granted per share	$ 5.04
Exercised
Exercised per share	$ 1.49
Outstanding ending balance	576,334	201,334
Outstanding per share	$ 3.80
Exercisable	225,666
Exercisable per share	$ 3.46

RESTRICTED STOCK AND STOCK OP_3

RESTRICTED STOCK AND STOCK OPTIONS (Details Narrative) - USD ($)	Jan. 22, 2022	Jan. 04, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 17, 2021	Jan. 25, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Option to purchase Common Stock, from Jensyn's IPO (in shares)			429,000
Share price (in dollars per share)						$ 19.68
Proceeds from options exercised				$ 150,000
Equity Incentive Plan 2020 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Available shares of common stock					3,000,000
Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares available			576,334	201,334
Available shares of common stock				201,334
Period to exercise from date of grant				5 years
Exercised				$ 1.49
Fair value				$ 1,700,000
Volatility				187.94%
Term				2 years
Risk free rate				0.13%
Dividend yield				0.00%
Aggregate intrinsic value of options outstanding			$ 500,000
Share price (in dollars per share)			$ 4.10
Stock-based compensation expense			$ 600,000	$ 100,000
Unrecognized stock-based compensation expense			$ 1,100,000
Unrecognized share based compensation, shares			576,334
Exercised			100,667
Proceeds from options exercised			$ 100,000
Share-Based Payment Arrangement, Option [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Period for recognition			3 years
Non-Qualified Stock Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares available			375,000
Available shares of common stock			375,000
Period to exercise from date of grant			5 years
Exercised			$ 5.04
Fair value			$ 1,200,000
Volatility			125.96%
Term			2 years
Risk free rate			0.06%
Dividend yield			0.00%
Restricted Stock [Member] | Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Grant date per share	$ 5.04	$ 6.15
Shares granted	187,500	241,000
Stock based compensation expense			$ 500,000	100,000
Restricted Stock [Member] | Officer [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted	62,500	80,333
Restricted Stock [Member] | Officer [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted	62,500	80,333
Restricted Stock [Member] | Officer [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares granted	62,500	80,334
Restricted Stock [Member] | Share-Based Payment Arrangement, Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock based compensation expense			$ 100	$ 0

SCHEDULE OF INVESTMENT (Details

SCHEDULE OF INVESTMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Net Investment Income [Line Items]
Investment	$ 12,320	$ 12,420
Green Seed Investors, LLC [Member]
Net Investment Income [Line Items]
Investment	4,224	4,324
Solar Project Partners, LLC [Member]
Net Investment Income [Line Items]
Investment	96	96
Gemini Electric Mobility Co [Member]
Net Investment Income [Line Items]
Investment	2,000	2,000
NAD Grid Corp. [Member]
Net Investment Income [Line Items]
Investment	1,000	1,000
Encore Renewables [Member]
Net Investment Income [Line Items]
Investment	$ 5,000	$ 5,000

INVESTMENTS (Details Narrative)

INVESTMENTS (Details Narrative) - USD ($)	Nov. 24, 2021	May 06, 2021	Mar. 18, 2021	Apr. 22, 2020	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Net appreciation (depreciation) in fair value of investments					$ 0
Minority investments						$ 2,500,000
Investment					$ 12,320,000		$ 12,420,000
Common Stock [Member]
Warrant converted to common stock					117,376	117,376
Convertible Preferred Stock [Member]
Shares issued pursuant to exchange agreement				200,000
Green Seed Investors, LLC [Member]
Number of units subscribed				500,000
Fair value of investment				$ 5,000,000
Warrants exercise price				$ 15
Investment					$ 4,224,000		4,324,000
Green Seed Investors, LLC [Member] | Other Current Assets [Member]
Dividends receivable					$ 100,000,000
Green Seed Investors, LLC [Member] | Minimum [Member]
Number of Units that can be repurchased					50,000
Green Seed Investors, LLC [Member] | Class B Preferred Membership Units [Member]
Number of units subscribed				500,000
Unit price				$ 10	$ 10
Units that can be repurchased					$ 4,000,000
Green Seed Investors, LLC [Member] | Class B Preferred Membership Units [Member] | Maximum [Member]
Return of capital					$ 100,000
Number of Units that can be repurchased					400,000
Solar Project Partners, LLC [Member]
Number of units subscribed				100,000
Number of shares issued upon exercise of warrants				275,000
Investment					$ 96,000		96,000
Gemini Electric Mobility Co [Member]
Minority investments		$ 500,000	$ 1,500,000
Investment					2,000,000		2,000,000
NAD Grid Corp. [Member]
Minority investments			$ 1,000,000
Investment					1,000,000		1,000,000
Encore Renewables [Member]
Net appreciation (depreciation) in fair value of investments							0
Minority investments	$ 5,000,000
Investment					$ 5,000,000		$ 5,000,000
Cost method investment, ownership percentage	9.10%

STOCK REDEMPTION (Details Narra

STOCK REDEMPTION (Details Narrative)	Jan. 25, 2021USD ($)$ / sharesshares
Equity [Abstract]
Redemption of shares of common stock | shares	34,190
Share price | $ / shares	$ 19.68
Term used to average closing prices of common stock	5 days
Redemption of shares of common stock | $	$ 673,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Apr. 18, 2022	May 11, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Jan. 25, 2021
Subsequent Event [Line Items]
Share price								$ 19.68
Gross proceeds			$ 10,722
Proceeds from sales of common stock			$ 10,400
Subsequent Event [Member]
Subsequent Event [Line Items]
Share price		$ 4.01
Proceeds from sales of common stock		$ 1,240
Subsequent Event [Member] | B Riley Sales Agreement [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Share price		$ 4.14
Shares issued, shares		309,038
Gross proceeds		$ 1,280
Subsequent Event [Member] | Equity Incentive Plan 2020 [Member] | Restricted Stock Grant Agreements [Member]
Subsequent Event [Line Items]
Share price	$ 5.04
Shares issued, shares	337,033
Shares vested					112,343	112,345	112,345