PowerFleet (AIOT) 10-Q 10 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Aug. 06, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	001-39080
Entity Registrant Name	POWERFLEET, INC.
Entity Central Index Key	0001774170
Entity Tax Identification Number	83-4366463
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	123 Tice Boulevard
Entity Address, City or Town	Woodcliff Lake
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07677
City Area Code	(201)
Local Phone Number	996-9000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	PWFL
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		35,968,423

Condensed Balance Sheets

Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 39,861	$ 18,127
Restricted cash	308	308
Accounts receivable, net of allowance for doubtful accounts of $2,364 and $2,754 in 2020 and 2021, respectively	29,656	24,147
Inventory, net	13,472	12,873
Deferred costs - current	2,800	3,128
Prepaid expenses and other current assets	6,909	6,184
Total current assets	93,006	64,767
Deferred costs - less current portion	1,163	2,233
Fixed assets, net	8,866	8,804
Goodwill	83,344	83,344
Intangible assets, net	28,678	31,276
Right of use asset	9,451	9,700
Severance payable fund	4,062	4,056
Deferred tax asset	1,005	1,506
Other assets	3,177	3,115
Total assets	232,752	208,801
Current liabilities:
Short-term bank debt and current maturities of long-term debt	5,918	5,579
Accounts payable and accrued expenses	23,563	20,225
Deferred revenue - current	8,048	7,339
Lease liability - current	2,190	2,755
Total current liabilities	39,719	35,898
Long-term debt, less current maturities	20,015	23,179
Deferred revenue - less current portion	5,421	6,006
Lease liability - less current portion	7,416	7,050
Accrued severance payable	4,672	4,714
Other long-term liabilities	739	674
Total liabilities	77,982	77,521
MEZZANINE EQUITY
Convertible redeemable preferred stock: Series A – 100 shares authorized, $0.01 par value; 55 and 55 shares issued and outstanding at December 31, 2020 and June 30, 2021	52,327	51,992
Preferred stock; authorized 50,000 shares, $0.01 par value;
Common stock; authorized 75,000 shares, $0.01 par value; 32,280 and 37,278 shares issued at December 31, 2020 and June 30, 2021, respectively; shares outstanding, 31,101 and 35,982 at December 31, 2020 and June 30, 2021, respectively	373	323
Additional paid-in capital	234,165	206,499
Accumulated deficit	(124,375)	(121,150)
Accumulated other comprehensive gain (loss)	68	399
Treasury stock; 1,179 and 1,296 common shares at cost at December 31, 2020 and June 30, 2021, respectively	(7,867)	(6,858)
Total Powerfleet, Inc. stockholders’ equity	102,364	79,213
Non-controlling interest	79	75
Total equity	102,443	79,288
Total liabilities and stockholders’ equity	$ 232,752	$ 208,801

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Accounts Receivable, Allowance for Credit Loss, Current	$ 2,754	$ 2,364
Temporary Equity, Shares Authorized	100
Temporary Equity, Par or Stated Value Per Share	$ 0.01
Temporary Equity, Shares Outstanding	55	55
Preferred Stock, Shares Authorized	50,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Common Stock, Shares Authorized	75,000
Common Stock, Par or Stated Value Per Share	$ 0.01
Common Stock, Shares, Issued	37,278	32,280
Common Stock, Shares, Outstanding	35,982	31,101
Treasury Stock, Shares	1,296	1,179

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenues:
Total revenues	$ 33,548	$ 25,765	$ 62,539	$ 56,564
Cost of Revenues:
Total Cost of revenues	17,503	11,722	32,024	27,655
Gross profit	16,045	14,043	30,515	28,909
Operating expenses:
Selling, general and administrative expenses	13,421	12,166	27,029	27,269
Research and development expenses	2,779	2,582	5,524	5,754
Total Operating expenses	16,200	14,748	32,553	33,023
Loss from operations	(155)	(705)	(2,038)	(4,114)
Interest income	12	17	24	31
Interest expense	(1,226)	(1,484)	(669)	(1,339)
Other (expense) income, net	(2)	5	(2)	7
Net loss before income taxes	(1,371)	(2,167)	(2,685)	(5,415)
Income tax benefit (expense)	(67)	(460)	(540)	(653)
Net loss before non-controlling interest	(1,438)	(2,627)	(3,225)	(6,068)
Non-controlling interest	1	1	1	16
Net loss	(1,437)	(2,626)	(3,224)	(6,052)
Accretion of preferred stock	(168)	(168)	(336)	(336)
Preferred stock dividend	(1,028)	(972)	(2,056)	(1,927)
Net loss attributable to common stockholders	$ (2,633)	$ (3,766)	$ (5,616)	$ (8,315)
Net loss per share attributable to common stockholders - basic and diluted	$ (0.08)	$ (0.13)	$ (0.16)	$ (0.28)
Weighted average common shares outstanding - basic and diluted	34,898	29,399	34,083	29,216
Product [Member]
Revenues:
Total revenues	$ 15,466	$ 9,394	$ 26,886	$ 22,602
Cost of Revenues:
Total Cost of revenues	10,862	6,023	19,014	15,325
Service [Member]
Revenues:
Total revenues	18,082	16,371	35,653	33,962
Cost of Revenues:
Total Cost of revenues	$ 6,641	$ 5,699	$ 13,010	$ 12,330

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income Statement [Abstract]
Net loss attributable to common stockholders	$ (2,633)	$ (3,766)	$ (5,616)	$ (8,315)
Other comprehensive (loss) income, net:
Foreign currency translation adjustment	1,003	406	(331)	(1,920)
Total other comprehensive income (loss)	1,003	406	(331)	(1,920)
Comprehensive loss	$ (1,630)	$ (3,360)	$ (5,947)	$ (10,235)

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 308	$ 201,813	$ (112,143)	$ 265	$ (6,053)	$ (10)	$ 84,180
Balance, shares at Dec. 31, 2019	30,804
Net loss attributable to common stockholders		(1,123)	(3,426)				(4,549)
Foreign currency translation adjustment				(2,326)		(20)	(2,346)
Issuance of restricted shares
Issuance of restricted shares, shares	40
Forfeiture of restricted shares
Forfeiture of restricted shares, shares	(32)
Vesting of restricted stock units	$ 1	(1)
Vesting of restricted stock units, shares	110
Shares issued pursuant to exercise of stock options	$ 1	$ 382					$ 383
Shares issued pursuant to exercise of stock options, shares	90
Shares withheld pursuant to vesting of restricted stock					(232)		(232)
Other		$ 62					$ 62
Net loss attributable to non-controlling interest						(15)	(15)
Shares withheld pursuant to exercise of stock options					(256)		(256)
Stock based compensation		1,155					1,155
Ending balance, value at Mar. 31, 2020	$ 310	202,288	(115,569)	(2,061)	(6,541)	(45)	78,382
Balance, shares at Mar. 31, 2020	31,012
Beginning balance, value at Dec. 31, 2019	$ 308	201,813	(112,143)	265	(6,053)	(10)	84,180
Balance, shares at Dec. 31, 2019	30,804
Net loss attributable to common stockholders							(8,315)
Net loss attributable to non-controlling interest							(16)
Ending balance, value at Jun. 30, 2020	$ 322	206,405	(118,195)	(1,655)	(6,557)	(44)	80,276
Balance, shares at Jun. 30, 2020	32,153
Beginning balance, value at Mar. 31, 2020	$ 310	202,288	(115,569)	(2,061)	(6,541)	(45)	78,382
Balance, shares at Mar. 31, 2020	31,012
Net loss attributable to common stockholders		(1,140)	(2,626)				(3,766)
Foreign currency translation adjustment				406		2	408
Issuance of restricted shares	$ 3	(3)
Issuance of restricted shares, shares	276
Forfeiture of restricted shares
Forfeiture of restricted shares, shares	(12)
Vesting of restricted stock units
Vesting of restricted stock units, shares	17
Shares issued pursuant to exercise of stock options	$ 1	$ 215					$ 216
Shares issued pursuant to exercise of stock options, shares	50
Shares withheld pursuant to vesting of restricted stock					(16)		(16)
Net loss attributable to non-controlling interest						$ (1)	$ (1)
Common shares issued under the 2020 ATM	$ 8	4,033					4,041
Common shares issued under the 2020 ATM, shares	810
Stock based compensation		1,012					1,012
Ending balance, value at Jun. 30, 2020	$ 322	206,405	(118,195)	(1,655)	(6,557)	(44)	80,276
Balance, shares at Jun. 30, 2020	32,153
Beginning balance, value at Dec. 31, 2020	$ 323	206,499	(121,150)	399	(6,858)	75	79,288
Balance, shares at Dec. 31, 2020	32,280
Net loss attributable to common stockholders		(1,196)	(1,787)				(2,983)
Foreign currency translation adjustment				(1,334)		(2)	(1,336)
Issuance of restricted shares	$ 4	(4)
Issuance of restricted shares, shares	415
Forfeiture of restricted shares
Forfeiture of restricted shares, shares	(6)
Vesting of restricted stock units
Vesting of restricted stock units, shares	34
Shares issued pursuant to exercise of stock options	$ 1	$ 716					$ 717
Shares issued pursuant to exercise of stock options, shares	129
Shares withheld pursuant to vesting of restricted stock					(347)		(347)
Shares withheld pursuant to exercise of stock options					$ (647)		$ (647)
Stock based compensation		1,357					1,357
Common shares issued, net of issuance costs	$ 44	26,822					26,866
Common shares issued, net of issuance costs, shares	4,428
Ending balance, value at Mar. 31, 2021	$ 372	234,194	(122,937)	(935)	(7,852)	73	102,915
Balance, shares at Mar. 31, 2021	37,280
Beginning balance, value at Dec. 31, 2020	$ 323	206,499	(121,150)	399	(6,858)	75	79,288
Balance, shares at Dec. 31, 2020	32,280
Net loss attributable to common stockholders							(5,616)
Net loss attributable to non-controlling interest							(1)
Ending balance, value at Jun. 30, 2021	$ 373	234,165	(124,375)	68	(7,867)	79	102,443
Balance, shares at Jun. 30, 2021	37,278
Beginning balance, value at Mar. 31, 2021	$ 372	234,194	(122,937)	(935)	(7,852)	73	102,915
Balance, shares at Mar. 31, 2021	37,280
Net loss attributable to common stockholders		(1,195)	(1,438)				(2,633)
Foreign currency translation adjustment				1,003		7	1,010
Forfeiture of restricted shares
Forfeiture of restricted shares, shares	(14)
Vesting of restricted stock units
Vesting of restricted stock units, shares
Shares issued pursuant to exercise of stock options	$ 1	$ 71					$ 72
Shares issued pursuant to exercise of stock options, shares	12
Shares withheld pursuant to vesting of restricted stock					(15)		(15)
Net loss attributable to non-controlling interest						$ (1)	$ (1)
Stock based compensation		1,095					1,095
Ending balance, value at Jun. 30, 2021	$ 373	$ 234,165	$ (124,375)	$ 68	$ (7,867)	$ 79	$ 102,443
Balance, shares at Jun. 30, 2021	37,278

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities
Net loss	$ (3,224)	$ (6,052)
Adjustments to reconcile net loss to cash (used in) provided by operating activities:
Non-controlling interest	(1)	(16)
Inventory reserve	135	126
Stock based compensation expense	2,452	2,167
Depreciation and amortization	4,231	4,050
Right-of-use assets, non-cash lease expense	1,503	1,437
Bad debt expense	531	543
Deferred income taxes	540	653
Other non-cash items	160	(35)
Changes in:
Accounts receivable	(6,355)	2,846
Inventory	(797)	1,111
Prepaid expenses and other assets	485	2,333
Deferred costs	1,397	1,624
Deferred revenue	962	(2,311)
Accounts payable and accrued expenses	2,637	(2,683)
Lease liabilities	(1,453)	(1,496)
Accrued severance payable, net		118
Net cash provided by operating activities	3,203	4,415
Cash flows from investing activities:
Proceeds from sale of property and equipment		35
Capital expenditures	(1,454)	(822)
Net cash (used in) investing activities	(1,454)	(787)
Cash flows from financing activities:
Net proceeds from stock offering	26,867	4,041
Payment of preferred stock dividends	(2,056)
Repayment of long-term debt	(2,671)	(991)
Short-term bank debt, net	93	(357)
Proceeds from exercise of stock options, net	142	342
Purchase of treasury stock upon vesting of restricted stock	(362)	(248)
Net cash provided by financing activities	22,013	2,787
Effect of foreign exchange rate changes on cash and cash equivalents	(2,028)	(1,341)
Net (decrease) increase in cash, cash equivalents and restricted cash	21,734	5,074
Cash, cash equivalents and restricted cash - beginning of period	18,435	16,703
Cash, cash equivalents and restricted cash - end of period	40,169	21,777
Reconciliation of cash, cash equivalents, and restricted cash, beginning of period
Cash and cash equivalents	18,127	16,395
Restricted cash	308	308
Cash, cash equivalents, and restricted cash, beginning of period	18,435	16,703
Cash and cash equivalents	39,861	21,469
Restricted cash	308	308
Cash, cash equivalents, and restricted cash, end of period	40,169	21,777
Cash paid for:
Taxes	48	38
Interest	757	934
Noncash investing and financing activities:
Value of shares withheld pursuant to exercise of stock options	$ 647	$ 256

DESCRIPTION OF THE COMPANY AND

DESCRIPTION OF THE COMPANY AND BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
DESCRIPTION OF THE COMPANY AND BASIS OF PRESENTATION	NOTE 1 - DESCRIPTION OF THE COMPANY AND BASIS OF PRESENTATION Description of the Company On October 3, 2019, PowerFleet, Inc. (together with its subsidiaries, “PowerFleet,” the “Company,” “we,” “our” or “us”) completed the acquisition of Pointer Telocation Ltd. (the “Transactions”), as a result of which I.D. Systems, Inc. (“I.D. Systems”) and PowerFleet Israel Ltd. (“PowerFleet Israel”) each became direct, wholly-owned subsidiaries of the Company and Pointer Telocation Ltd. (“Pointer”) became an indirect, wholly-owned subsidiary of the Company. Prior to the Transactions, PowerFleet had no material assets, did not operate any business and did not conduct any activities, other than those incidental to its formation and the Transactions. I.D. Systems was determined to be the accounting acquirer in the Transactions. As a result, the historical financial statements of I.D. Systems for the periods prior to the Transactions are considered to be the historical financial statements of PowerFleet and the results of Pointer have been included in the Company’s consolidated financial statements from the date of the Transactions. The Company is a global leader and provider of subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. Impact of COVID-19 The global outbreak of a novel strain of coronavirus, COVID-19, and mitigation efforts by governments to attempt to control its spread, has resulted in significant economic disruption and continues to adversely impact the broader global economy. The extent of the impact on the Company’s business and financial results will depend largely on future developments that cannot be accurately predicted at this time, including the duration of the spread of the outbreak, the extent and effectiveness of containment actions and the impact of these and other factors on capital and financial markets and the related impact on the financial circumstances of our employees, customers and suppliers. As of the date of these unaudited consolidated financial statements, the full extent to which the COVID-19 pandemic may materially impact the Company’s business, results of operations and financial condition is uncertain. Basis of presentation The unaudited interim condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated 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 the instructions to Form 10-Q. 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, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the consolidated financial position of the Company as of June 30, 2021, the consolidated results of its operations for the three- and six-month periods ended June 30, 2020 and 2021, the consolidated change in stockholders’ equity for the three-month periods ended March 31 and June 30, 2020 and 2021 and the consolidated cash flows for the six-month periods ended June 30, 2020 and 2021. The results of operations for the three- and six-month periods ended June 30, 2021 are not necessarily indicative of the operating results for the full year. These financial statements should be read in conjunction with the audited consolidated financial statements and related disclosures for the year ended December 31, 2020 included in the Company’s Annual Report on Form 10-K for the year then ended. Reclassifications Certain prior amounts have been reclassified to conform with the current year presentation for comparative purposes. These reclassifications had no effect on the previously reported results of operations. Liquidity As of June 30, 2021, the Company had cash and cash equivalents of $ 39,861 and working capital of $ 53,287 . The Company’s primary sources of cash are cash flows from operating activities, its holdings of cash, cash equivalents and investments from the sale of its capital stock and borrowings under its credit facility. To date, the Company has not generated sufficient cash flows solely from operating activities to fund its operations. In addition, PowerFleet Israel and Pointer are party to a Credit Agreement (the “Credit Agreement”) with Bank Hapoalim B.M. (“Hapoalim”), pursuant to which Hapoalim agreed to provide PowerFleet Israel with two senior secured term loan facilities in an aggregate principal amount of $ 30,000 20,000 10,000 five 10,000 The Company has on file a shelf registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission (the “SEC”) on November 27, 2019. Pursuant to the shelf registration statement, the Company may offer to the public from time to time, in one or more offerings, up to $ 60,000 On May 14, 2020, the Company entered into an equity distribution agreement for an “at-the-market offering” program (the “ATM Offering”) with Canaccord Genuity LLC (“Canaccord”) as sales agent, pursuant to which we issued and sold an aggregate of 810 4,200 On February 1, 2021, the Company closed an underwritten public offering (the “Underwritten Public Offering”) of 4,428 28,800 Because of the recent outbreak of COVID-19, there is significant uncertainty surrounding the potential impact on our results of operations and cash flows. During 2020 we proactively took steps to increase available cash on hand including, but not limited to, targeted reductions in discretionary operating expenses and capital expenditures. The Company believes that its available working capital, anticipated level of future revenues, expected cash flows from operations and available borrowings under its revolving credit facility with Hapoalim will provide sufficient funds to cover capital requirements through at least August 10, 2022.

USE OF ESTIMATES

USE OF ESTIMATES	6 Months Ended
	Jun. 30, 2021
Use Of Estimates
USE OF ESTIMATES	NOTE 2 – USE OF ESTIMATES The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company continually evaluates estimates used in the preparation of the financial statements for reasonableness. The most significant estimates relate to measurements of fair value of assets acquired and liabilities assumed, realization of deferred tax assets, the impairment of tangible and intangible assets, the assessment of the Company’s incremental borrowing rate used to determine its right-of-use asset and lease liability, deferred revenue and stock-based compensation costs. Actual results could differ from those estimates. As of June 30, 2021, the impact of the outbreak of COVID-19 continues to unfold. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, our estimates may change materially in future periods.

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS	6 Months Ended
	Jun. 30, 2021
Cash and Cash Equivalents [Abstract]
CASH AND CASH EQUIVALENTS	NOTE 3 – CASH AND CASH EQUIVALENTS The Company considers all highly liquid debt instruments with an original maturity of three months or less when purchased to be cash equivalents unless they are legally or contractually restricted. The Company’s cash and cash equivalent balances exceed Federal Deposit Insurance Corporation (FDIC) and other local jurisdictional limits. Restricted cash at December 31, 2020 and June 30, 2021 consists of cash held in escrow for purchases from a vendor.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	NOTE 4 - REVENUE RECOGNITION The Company and its subsidiaries generate revenue from sales of systems and products and from customer SaaS and hosting infrastructure fees. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Sales, value add, and other taxes the Company collects concurrently with revenue-producing activities are excluded from revenue. Incidental items that are immaterial in the context of the contract are recognized as expense. The expected costs associated with the Company’s base warranties continue to be recognized as expense when the products are sold (see Note 12). Revenue is recognized when performance obligations under the terms of a contract with our customer are satisfied. Product sales are recognized at a point in time when title transfers, when the products are shipped, or when control of the system is transferred to the customer, which usually is upon delivery of the system and when contractual performance obligations have been satisfied. For products which do not have stand-alone value to the customer separate from the SaaS services provided, the Company considers both hardware and SaaS services a bundled performance obligation. Under the applicable accounting guidance, all of the Company’s billings for equipment and the related cost for these systems are deferred, recorded, and classified as a current and long-term liability and a current and long-term asset, respectively. The deferred revenue and cost are recognized over the service contract life, ranging from one to five years, beginning at the time that a customer acknowledges acceptance of the equipment and service. The Company recognizes revenue for remotely hosted SaaS agreements and post-contract maintenance and support agreements beyond our standard warranties over the life of the contract. Revenue is recognized ratably over the service periods and the cost of providing these services is expensed as incurred. Amounts invoiced to customers which are not recognized as revenue are classified as deferred revenue and classified as short-term or long-term based upon the terms of future services to be delivered. Deferred revenue also includes prepayment of extended maintenance, hosting and support contracts. The Company earns other service revenues from installation services, training and technical support services which are short-term in nature and revenue for these services are recognized at the time of performance when the service is provided. The Company recognizes revenue on non-recurring engineering services over time, on an input-cost method performance basis, as determined by the relationship of actual labor and material costs incurred to date compared to the estimated total project costs. Estimates of total project costs are reviewed and revised during the term of the project. Revisions to project costs estimates, where applicable, are recorded in the period in which the facts that give rise to such changes become known. The Company also derives revenue from leasing arrangements. Such arrangements provide for monthly payments covering product or system sale, maintenance, support and interest. These arrangements meet the criteria to be accounted for as sales-type leases. Accordingly, an asset is established for the “sales-type lease receivable” at the present value of the expected lease payments and revenue is deferred and recognized over the service contract, as described above. Maintenance revenues and interest income are recognized monthly over the lease term. The Company’s contracts with customers may include multiple performance obligations. For such arrangements, the Company allocates revenue to each performance obligation based on its relative standalone selling price. The Company generally determines standalone selling prices based on observable prices charged to customers or adjusted market assessment or using expected cost-plus margin when one is available. The adjusted market assessment price is determined based on overall pricing objectives taking into consideration market conditions and entity specific factors. The Company recognizes an asset for the incremental costs of obtaining the contract arising from the sales commissions to employees because the Company expects to recover those costs through future fees from the customers. The Company amortizes the asset over one to five years because the asset relates to the services transferred to the customer during the contract term of one to five years. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed. Deferred product costs consist of logistics visibility solutions equipment costs deferred in accordance with our revenue recognition policy. The Company evaluates the realizability of the carrying amount of the deferred contract costs. To the extent the carrying value of the deferred contract costs exceed the contract revenue, an impairment loss will be recognized. The following table presents the Company’s revenues disaggregated by revenue source for the three- and six-months ended June 30, 2020 and 2021: SCHEDULE OF REVENUE DISAGGREGATED BY REVENUE SOURCE Three Months Ended June 30 Six Months Ended June 30, 2020 2021 2020 2021 Products $ 9,394 $ 15,466 $ 22,602 $ 26,886 Services 16,371 18,082 33,962 35,653 $ 25,765 $ 33,548 $ 56,564 $ 62,539 The balances of contract assets, and contract liabilities from contracts with customers are as follows as of December 31, 2020 and June 30, 2021: SCHEDULE OF DEFERRED REVENUE December 31, 2020 June 30, 2021 (unaudited) Assets: Deferred contract costs $ 2,157 $ 2,325 Deferred costs $ 5,361 $ 3,963 Liabilities: Deferred revenue- services (1) $ 6,578 $ 8,525 Deferred revenue - products (1) 6,767 4,944 13,345 13,469 Less: Deferred revenue and contract liabilities - current portion (7,339 ) (8,048 ) Deferred revenue and contract liabilities - less current portion $ 6,006 $ 5,421 (1) The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance. For the three- and six-month periods ended June 30, 2020 and 2021, the Company recognized revenue of $ 2,426 and $ 4,600 , respectively, and $ 2,502 5,220 that was included in the deferred revenue balance at the beginning of each reporting period. The Company expects to recognize as revenue these deferred revenue balances before the year 2026, when the services are performed and, therefore, satisfies its performance obligation to the customers.

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	6 Months Ended
	Jun. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	NOTE 5 – PREPAID EXPENSES AND OTHER ASSETS Prepaid expenses and other current assets consist of the following: SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS December 31, 2020 June 30, 2021 (Unaudited) Finance receivables, current $ 692 $ 648 Prepaid expenses 2,979 3,455 Contract assets 767 901 Other current assets 1,746 1,905 Prepaid expenses and other current assets $ 6,184 $ 6,909

INVENTORY

INVENTORY	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
INVENTORY	NOTE 6 - INVENTORY Inventory, which primarily consists of finished goods and components used in the Company’s products, is stated at the lower of cost or net realizable value using the “moving average” cost method or the first-in first-out (FIFO) method. Inventory is shown net of a valuation reserve of $ 515 at December 31, 2020, and $ 607 at June 30, 2021. Inventories consist of the following: SCHEDULE OF INVENTORIES December 31, 2020 June 30, 2021 (Unaudited) Components $ 7,697 $ 6,693 Work in process 237 348 Finished goods, net 4,939 6,431 Inventory, Net $ 12,873 $ 13,472

FIXED ASSETS

FIXED ASSETS	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
FIXED ASSETS	NOTE 7 - FIXED ASSETS Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows: SCHEDULE OF FIXED ASSETS December 31, 2020 June 30, 2021 (Unaudited) Installed products $ 4,174 $ 5,715 Computer software 5,882 6,201 Computer and electronic equipment 5,273 5,534 Furniture and fixtures 1,828 1,877 Leasehold improvements 1,353 1,362 18,510 20,689 Accumulated depreciation and amortization (9,706 ) (11,823 ) $ 8,804 $ 8,866 Depreciation and amortization expense of fixed assets for the three- and six-month periods ended June 30, 2020 was $ 651 , and $ 1,386 , respectively, and for the three- and six-month periods ended June 30, 2021 was $ 788 and $ 1,633 , respectively. This includes amortization of costs associated with computer software for the three- and six-month periods ended June 30, 2020 of $ 130 and $ 261 , respectively, and for the three- and six- month periods ended June 30, 2021 of $ 103 and $ 210 , respectively.

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS AND GOODWILL	NOTE 8 - INTANGIBLE ASSETS AND GOODWILL The following table summarizes identifiable intangible assets of the Company as of December 31, 2020 and June 30, 2021: SCHEDULE OF INTANGIBLE ASSETS June 30, 2021 (Unaudited) Useful Lives (In Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortized: Customer relationships 9 12 $ 19,264 $ (3,545 ) $ 15,719 Trademark and tradename 3 15 7,553 (1,693 ) 5,860 Patents 7 11 2,117 (1,706 ) 411 Technology 7 10,911 (4,441 ) 6,470 Favorable contract interest 4 388 (380 ) 8 Covenant not to compete 5 208 (163 ) 45 40,441 (11,928 ) 28,513 Unamortized: Customer List 104 - 104 Trademark and tradename 61 - 61 165 - 165 Total $ 40,606 $ (11,928 ) $ 28,678 Covenant Not to Complete [Member] December 31, 2020 Useful Lives (In Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortized: Customer relationships 9 12 $ 19,264 $ (2,732 ) $ 16,532 Trademark and tradename 3 15 7,553 (1,292 ) 6,261 Patents 7 11 2,117 (1,661 ) 456 Technology 7 10,911 (3,172 ) 7,739 Favorable contract interest 4 388 (331 ) 57 Covenant not to compete 5 208 (142 ) 66 40,441 (9,330 ) 31,111 Unamortized: Customer List 104 - 104 Trademark and tradename 61 - 61 165 - 165 Total $ 40,606 $ (9,330 ) $ 31,276 At June 30, 2021, the weighted-average amortization period for the intangible assets was 9.2 11.9 9.6 9.8 4.3 4.0 5.0 Amortization expense for the three- and six-month periods ended June 30, 2020 was $ 1,333 and $ 2,665 respectively, and for the three- and six-month periods ended June 30, 2021 was $ 1,298 and $ 2,597 , respectively. Estimated future amortization expense for each of the five succeeding fiscal years for these intangible assets is as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE Year ending December 31: 2021 (remaining) $ 2,557 2022 5,080 2023 5,035 2024 2,622 2025 2,495 2026 2,413 Thereafter 8,311 Finite-Lived Intangible Assets, Net, Total $ 28,513 There have been no changes in the carrying amount of goodwill from January 1, 2020 to June 30, 2021. For the six-month period ended June 30, 2021, the Company did not identify any indicators of impairment.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 9 - STOCK-BASED COMPENSATION Stock Option Plans [A] Stock options: The following table summarizes the activity relating to the Company’s stock options for the six-month period ended June 30, 2021: SCHEDULE OF STOCK OPTIONS ACTIVITY Options Weighted- Average Exercise Price Weighted-Average Remaining Contractual Terms Aggregate Intrinsic Value Outstanding at beginning of year 3,624 $ 5.85 Granted 120 7.77 Exercised (141 ) 5.58 Forfeited or expired (62 ) 6.04 Outstanding at end of period 3,541 $ 5.92 7.8 $ 2,584 Exercisable at end of period 1,276 $ 5.66 6.4 $ 1,218 The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions: SCHEDULE OF FAIR VALUE STOCK OPTION ASSUMPTIONS June 30, 2020 2021 Expected volatility 44.7 % 50.2 % Expected life of options (in years) 6 7 Risk free interest rate 1.17 % 0.69 % Dividend yield 0 % 0 % Weighted-average fair value of options granted during year $ 2.58 $ 3.81 Expected volatility is based on historical volatility of the Company’s common stock and the expected life of options is based on historical data with respect to employee exercise periods. The Company recorded stock-based compensation expense of $ 411 843 339 716 The fair value of options vested during the six-month periods ended June 30, 2020 and 2021 was $ 1,012 and $ 438 , respectively. The total intrinsic value of options exercised during the six-month periods ended June 30, 2020 and 2021 was $ 225 and $ 465 , respectively. As of June 30, 2021, there was approximately $ 3,480 3.84 The Company estimates forfeitures at the time of valuation and reduces expense ratably over the vesting period. This estimate is adjusted periodically based on the extent to which actual forfeitures differ, or are expected to differ, from the previous estimate. [B] Restricted Stock Awards: The Company grants restricted stock to employees, whereby the employees are contractually restricted from transferring the shares until they are vested. The stock is unvested at the time of grant and, upon vesting, there are no legal restrictions on the stock. The fair value of each share is based on the Company’s closing stock price on the date of the grant. A summary of all non-vested restricted stock for the six-month period ended June 30, 2021 is as follows: SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY Number of Non-Vested Shares Weighted-Average Grant Date Fair Value Restricted stock, non-vested, beginning of year 806 $ 5.54 Granted 416 7.67 Vested (129 ) 6.94 Forfeited or expired (23 ) 5.40 Restricted stock, non-vested, end of period 1,070 $ 6.20 The Company recorded stock-based compensation expense of $ 449 and $ 1,048 , respectively, for the three- and six-month periods ended June 30, 2020, and $ 710 and $ 1,375 , respectively, for the three- and six-month periods ended June 30, 2021, in connection with restricted stock grants. As of June 30, 2021, there was $ 4,275 of total unrecognized compensation cost related to non-vested shares. That cost is expected to be recognized over a weighted-average period of 2.8 years. [C] Restricted Stock Units: The Company also grants restricted stock units (RSUs) to employees. The following table summarizes the activity relating to the Company’s restricted stock units for the six-month period ended June 30, 2021: SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY Number of Restricted Stock Units Weighted-Average Grant Date Fair Value Restricted stock units, non-vested, beginning of year 75 $ 5.60 Granted - - Vested (34 ) 5.60 Forfeited (4 ) 5.60 Restricted stock units, non-vested, end of period 37 $ 5.60 The Company recorded stock-based compensation expense of $ 67 195 46 101 146 0.8

NET LOSS PER SHARE

NET LOSS PER SHARE	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
NET LOSS PER SHARE	NOTE 10 - NET LOSS PER SHARE Net loss per share for the three- and six-month periods ended June 30, 2020 and 2021 are as follows: SCHEDULE OF NET LOSS PER SHARE BASIC AND DILUTED Three Months Ended Six Months Ended June 30, June 30, 2020 2021 2020 2021 Basic and diluted loss per share Net loss attributable to common stockholders $ (3,766 ) $ (2,633 ) $ (8,315 ) $ (5,616 ) Weighted-average common share outstanding - basic and diluted 29,399 34,898 29,216 34,083 Net loss attributable to common stockholders - basic and diluted $ (0.13 ) $ (0.08 ) $ (0.28 ) $ (0.16 ) Basic loss per share is calculated by dividing net loss attributable to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution assuming common shares were issued upon the exercise of outstanding options and the proceeds thereof were used to purchase outstanding common shares. Dilutive potential common shares include outstanding stock options, warrants and restricted stock and performance share awards. We include participating securities (unvested share-based payment awards and equivalents that contain non-forfeitable rights to dividends or dividend equivalents) in the computation of earnings per share pursuant to the two-class method. Our participating securities consist solely of preferred stock, which have contractual participation rights equivalent to those of stockholders of unrestricted common stock. The two-class method of computing earnings per share is an allocation method that calculates earnings per share for common stock and participating securities. During periods of net loss, no effect is given to the participating securities because they do not share in the losses of the Company. For the six-month periods ended June 30, 2020 and June 30, 2021, the basic and diluted weighted-average shares outstanding are the same, since the effect from the potential exercise of outstanding stock options, conversion of preferred stock, and vesting of restricted stock and restricted stock units totaling 12,027 and 12,141 respectively, would have been anti-dilutive due to the loss.

SHORT-TERM BANK DEBT AND LONG-T

SHORT-TERM BANK DEBT AND LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
SHORT-TERM BANK DEBT AND LONG-TERM DEBT	NOTE 11 - SHORT-TERM BANK DEBT AND LONG-TERM DEBT SCHEDULE OF LONG TERM DEBT December 31, 2020 June 30, 2021 (Unaudited) Short-term bank debt $ 280 $ 391 Short-term bank debt $ 280 $ 391 Current maturities of long-term debt $ 5,299 $ 5,527 Long term debt - less current maturities $ 23,179 $ 20,015 Short-term bank debt consists of bank revolving credit/overdraft accounts bearing interest at 12.7% 16% per annum Long-term debt In connection with the Transactions, PowerFleet Israel incurred $ 30,000 30,000 20,000 10,000 five-year 10,000 3,000 The Credit Facilities will mature on the date that is five years from the Closing Date. The indicative interest rate provided for the Term Facilities in the Credit Agreement is approximately 4.73 5.89 The interest rate for the Revolving Facility is, with respect to NIS-denominated loans, Hapoalim’s prime rate + 2.5%, and with respect to US dollar-denominated loans, LIBOR + 4.6%. In addition, the Company pays a 1% commitment fee on the unutilized and uncancelled availability under the Revolving Facility The Company has been in discussions with Hapoalim regarding an amendment to the Credit Agreement with respect to a reduction in the interest rates from approximately 4.73 5.89 3.65 4.5 3,000 3,000 3.65 4.5 In connection with the Credit Facilities, the Company incurred debt issuance costs of $ 742 . For the three- and six-month periods ended June 30, 2021, amortization of the debt issuance costs was $ 72 and $ 155 , respectively The Company recorded charges of $ 383 and $ 743 for the three- and six-month periods ended June 30, 2020, respectively, and $ 276 and $ 553 for the three- and six-month periods ended June 30, 2021, respectively, to interest expense on its consolidated statements of operations related to interest expense and amortization of debt issuance costs associated with the Credit Facilities. Scheduled maturities of the Term A Facility and the Term B Facility as of June 30, 2021 are as follows: SCHEDULE OF MATURITIES OF LONG TERM DEBT Year ending December 31: 2022 $ 5,527 2023 5,740 2024 14,275 Long term debt 25,542 Less: Current Portion 5,527 Total $ 20,015 The Term B Facility is not subject to amortization over the life of the loan and instead the original principal amount is due in one installment on the fifth anniversary of the date of the consummation of the Transactions.

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	NOTE 12 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses consist of the following: SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES 1 2 December 31, 2020 June 30, 2021 (Unaudited) Accounts payable $ 9,877 $ 13,331 Accrued warranty 705 880 Accrued compensation 5,581 5,492 Government authorities 3,047 3,035 Other current liabilities 1,015 825 Accounts payable and accrued expenses $ 20,225 $ 23,563 The Company’s products are warranted against defects in materials and workmanship for a period of one to three years from the date of acceptance of the product by the customer. 60 The following table summarizes warranty activity for the six-month periods ended June 30, 2020 and 2021: SCHEDULE OF PRODUCT WARRANTY LIABILITY Six Months Ended June 30, 2020 2021 Accrued warranty reserve, beginning of year $ 775 $ 807 Accrual for product warranties issued 368 680 Product replacements and other warranty expenditures (355 ) (220 ) Expiration of warranties (18 ) (216 ) Accrued warranty reserve, end of period (a) $ 770 $ 1,051 (a) Includes non-current accrued warranty included in other long-term liabilities at December 31, 2020 and June 30, 2021 of $ 102 171

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 13 - STOCKHOLDERS’ EQUITY [A] Public Offering: On February 1, 2021, the Company closed an underwritten public offering of 4,428 28,800 [B] Redeemable preferred stock The Company is authorized to issue 150 0.01 100 50 Series A Preferred Stock In connection with the completion of the Transactions, on October 3, 2019, the Company issued 50 1 0 Liquidation The Series A Preferred Stock has a liquidation preference equal to the greater of (i) the original issuance price of $ 1,000.00 Dividends Holders of Series A Preferred Stock are entitled to receive cumulative dividends at a minimum rate of 7.5 % per annum (calculated on the basis of the Series A Issue Price), quarterly in arrears. The dividends are payable at the Company’s election, in kind, through the issuance of additional shares of Series A Preferred Stock, or in cash, provided no dividend payment failure has occurred and is continuing and that there has not previously occurred two or more dividend payment failures. Commencing on the 66-month anniversary of the date on which any shares of Series A Preferred Stock are first issued (the “Original Issuance Date”), and on each monthly anniversary thereafter, the dividend rate will increase by 100 basis points, until the dividend rate reaches 17.5 % per annum, subject to the Company’s right to defer the increase for up to three consecutive months on terms set forth in the Company’s Amended and Restated Certificate of Incorporation (the “Charter”). During the six-month period ended June 30, 2021, the Company paid dividends in the amounts of $ 2,057 to the holders of the Series A Preferred Stock. As of June 30, 2021, dividends in arrears were $- 0 -. Voting; Consent Rights The holders of Series A Preferred Stock will be given notice by the Company of any meeting of stockholders or action to be taken by written consent in lieu of a meeting of stockholders as to which the holders of common stock are given notice at the same time as provided in, and in accordance with, the Company’s Amended and Restated Bylaws. Except as required by applicable law or as otherwise specifically set forth in the Charter, the holders of Series A Preferred Stock are not entitled to vote on any matter presented to the Company’s stockholders unless and until any holder of Series A Preferred Stock provides written notification to the Company that such holder is electing, on behalf of all holders of Series A Preferred Stock, to activate their voting rights and in doing so rendering the Series A Preferred Stock voting capital stock of the Company (such notice, a “Series A Voting Activation Notice”). From and after the delivery of a Series A Voting Activation Notice, all holders of the Series A Preferred Stock will be entitled to vote with the holders of common stock as a single class on an as-converted basis (provided, however, that any holder of Series A Preferred Stock shall not be entitled to cast votes for the number of shares of common stock issuable upon conversion of such shares of Series A Preferred Stock held by such holder that exceeds the quotient of (1) the aggregate Series A Issue Price for such shares of Series A Preferred Stock divided by (2) $5.57 (subject to adjustment for stock splits, stock dividends, combinations, reclassifications and similar events, as applicable)). So long as shares of Series A Preferred Stock are outstanding and convertible into shares of common stock that represent at least 10% of the voting power of the common stock, or the Investors or their affiliates continue to hold at least 33% of the aggregate amount of Series A Preferred Stock issued to the Investors on the Original Issuance Date, the consent of the holders of at least a majority of the outstanding shares of Series A Preferred Stock will be necessary for the Company to, among other things, (i) liquidate the Company or any operating subsidiary or effect any deemed liquidation event (as such term is defined in the Charter), except for a deemed liquidation event in which the holders of Series A Preferred Stock receive an amount in cash not less than the Redemption Price (as defined below), (ii) amend the Company’s organizational documents in a manner that adversely affects the Series A Preferred Stock, (iii) issue any securities that are senior to, or equal in priority with, the Series A Preferred Stock or issue additional shares of Series A Preferred Stock to any person other than the Investors or their affiliates, (iv) incur indebtedness above the agreed-upon threshold, (v) change the size of the Company’s board of directors to a number other than seven, or (vi) enter into certain affiliated arrangements or transactions. Redemption At any time, each holder of Series A Preferred Stock may elect to convert each share of such holder’s then-outstanding Series A Preferred Stock into the number of shares of the Company’s common stock equal to the quotient of (x) the Series A Issue Price, plus any accrued and unpaid dividends, divided by (y) the Series A Conversion Price in effect at the time of conversion. The Series A Conversion Price is initially equal to $ 7.319 At any time after the third anniversary of the Original Issuance Date, subject to certain conditions, the Company may redeem the Series A Preferred Stock for an amount per share, equal to the greater of (i) the product of (x) 1.5 multiplied by (y) the sum of the Series A Issue Price, plus all accrued and unpaid dividends and (ii) the product of (x) the number of shares of common stock issuable upon conversion of such Series A Preferred Stock multiplied by (y) the volume weighted average price of the common stock during the 30 consecutive trading day period ending on the trading date immediately prior to the date of such redemption notice or, if calculated in connection with a deemed liquidation event, the value ascribed to a share of common stock in such deemed liquidation event (the “Redemption Price”). Further, at any time (i) after the 66-month anniversary of the Original Issuance Date, (ii) following delivery of a mandatory conversion notice by us, or (iii) upon a deemed liquidation event, subject to Delaware law governing distributions to stockholders, the holders of the Series A Preferred Stock may elect to require us to redeem all or any portion of the outstanding shares of Series A Preferred Stock for an amount per share equal to the Redemption Price. On June 9, 2021, we entered into a preferred stock redemption right agreement (the “Redemption Right Agreement”) with the Investors, pursuant to which we have the right to redeem 10 shares of Series A Preferred Stock at a price of $1,450 per share plus all accrued and unpaid dividends, to be paid in cash

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	6 Months Ended
	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	NOTE 14 - ACCUMULATED OTHER COMPREHENSIVE LOSS Comprehensive income (loss) includes net loss and foreign currency translation gains and losses. The accumulated balances for each classification of other comprehensive loss for the six-month period ended June 30, 2021 are as follows: SCHEDULE OF ACCUMULATED OTHER COMPREHENSIVE LOSS Foreign currency translation adjustment Accumulated other comprehensive income Balance at January 1, 2021 $ 399 $ 399 Net current period change (331 ) (331 ) Balance at June 30, 2021 $ 68 $ 68 The accumulated balances for each classification of other comprehensive loss for the six-month period ended June 30, 2020 are as follows: Foreign currency translation adjustment Accumulated other comprehensive income Balance at January 1, 2020 $ 265 $ 265 Net current period change (1,920 ) (1,920 ) Balance at June 30, 2020 $ (1,655 ) $ (1,655 ) The Company’s reporting currency is the U.S dollar (USD). For businesses where the majority of the revenues are generated in USD or linked to the USD and a substantial portion of the costs are incurred in USD, the Company’s management believes that the USD is the primary currency of the economic environment and thus their functional currency. Due to the fact that Argentina has been determined to be highly inflationary, the financial statements of our subsidiary in Argentina have been remeasured as if its functional currency was the USD. The Company also has foreign operations where the functional currency is the local currency. For these operations, assets and liabilities are translated using the end-of-period exchange rates and revenues, expenses and cash flows are translated using average rates of exchange for the period. Equity is translated at the rate of exchange at the date of the equity transaction. Translation adjustments are recognized in stockholders’ equity as a component of accumulated other comprehensive income (loss). Net translation losses from the translation of foreign currency financial statements of $ (1,920) and $ (331) at June 30, 2020 and 2021, respectively, are included in comprehensive loss in the Consolidated Statement of Changes in Stockholders’ Equity. Foreign currency translation gains and losses related to operational expenses denominated in a currency other than the functional currency are included in determining net income or loss. Foreign currency translation (losses) gains for the three- and six-month periods ended June 30, 2020 of $ 112 and $ (141) , respectively, and for the three- and six-month periods ended June 30, 2021 of $ 56 and $ 206 respectively, are included in selling, general and administrative expenses in the Consolidated Statement of Operations. Foreign currency translation gains (losses) related to long-term debt of $ (615) and $ 412 , respectively, for the three- and six-month periods ended June 30, 2021 are included in interest expense in the Consolidated Statement of Operations.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 15 – SEGMENT INFORMATION The Company operates in one SCHEDULE OF REVENUES AND LONG LIVED ASSETS BY GEOGRAPHICAL REGION Three Months Ended June 30, Six Months Ended June 30, 2020 2021 2020 2021 United States $ 10,845 $ 13,622 $ 23,953 $ 25,210 Israel 9,135 11,641 18,875 22,688 Other 5,785 8,285 13,736 14,641 $ 25,765 $ 33,548 $ 56,564 $ 62,539 December 31, 2020 June 30, 2021 (Unaudited) Long lived assets by geographic region: United States $ 1,425 $ 1,252 Israel 3,282 3,428 Other 4,097 4,186 $ 8,804 $ 8,866

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 16 - INCOME TAXES The Company records its interim tax provision based upon a projection of the Company’s annual effective tax rate (“AETR”). This AETR is applied to the year-to-date consolidated pre-tax income to determine the interim provision for income taxes before discrete items. The Company updates the AETR on a quarterly basis as the pre-tax income projections are revised and tax laws are enacted. The effective tax rate (“ETR”) each period is impacted by a number of factors, including the relative mix of domestic and foreign earnings and adjustments to recorded valuation allowances. The currently forecasted ETR may vary from the actual year-end due to the changes in these factors. The Company’s global ETR for the six months ended June 30, 2020 and 2021 was (12)% and (20)% On March 27, 2020, the President of the United States signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) into law providing certain relief as a result of the COVID-19 pandemic. The CARES Act, among other things, includes provisions relating to the net operating loss carryback periods, alternative minimum tax credit refunds, modification to the net interest deduction limitations and technical corrections to tax depreciation methods for qualified improvement property. The CARES Act did not have a material impact on the Company’s consolidated financial statements. On March 11, 2021, the President of the United States signed the American Rescue Plan Act (the “ARPA”) into law as a continuing response to the COVID-19 pandemic. The ARPA implemented new entity taxation provisions as well as extended unemployment benefits and related incentives to provide further economic relief to US businesses. The passage of the ARPA did not have a material impact to the Company nor its calculated AETR for the year.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
LEASES	NOTE 17 - LEASES The Company has operating leases for office space and office equipment. The Company’s leases have remaining lease terms of one year seven years up to five years The Company has lease arrangements which are classified as short-term in nature. These leases meet the criteria for operating lease classification. Lease costs associated with the short-term leases are included in selling, general and administrative expenses on the Company’s condensed consolidated statements of operations during the three- and six- months ended June 30, 2020 and 2021. Components of lease expense are as follows: SCHEDULE OF COMPONENTS OF LEASE EXPENSE Three Months Ended June 30, Six Months Ended June 30, 2020 2021 2020 2021 Short term lease cost: $ 164 $ 177 $ 293 $ 355 Supplemental cash flow information and non-cash activity related to our operating leases are as follows: SCHEDULE OF CASH FLOW INFORMATION AND NON-CASH ACTIVITY OF OPERATING LEASES Six Months Ended June 30, 2020 2021 Non-cash activity: Right-of-use assets obtained in exchange for lease obligations $ 2,259 $ 1,111 Weighted-average remaining lease term and discount rate for our operating leases are as follows: SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE June 30, 2021 Weighted-average remaining lease term (in years) 3.8 Weighted-average discount rate 4.4 % Scheduled maturities of operating lease liabilities outstanding as of June 30, 2021 are as follows: SCHEDULED MATURITIES OF OPERATING LEASE LIABILITIES 1 Year ending December 31: July - December 2021 $ 1,409 2022 2,493 2023 2,147 2024 1,659 2025 1,640 Thereafter 1,518 Total lease payments 10,866 Less: Imputed interest (1,260 ) Present value of lease liabilities $ 9,606

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 18 - FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s cash and cash equivalents are carried at fair value. The carrying value of financing receivables approximates fair value due to the interest rate implicit in the instruments approximating current market rates. The carrying value of accounts receivables, accounts payable and accrued liabilities and short term bank debt approximates their fair values due to the short period to maturity of these instruments. The fair value of the Company’s long term debt is based on observable relevant market information and future cash flows discounted at current rates, which are Level 2 measurements. SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS June 30, 2021 Carrying Amount Fair Value Long term debt $ 25,542 $ 25,542

CONCENTRATION OF CUSTOMERS

CONCENTRATION OF CUSTOMERS	6 Months Ended
	Jun. 30, 2021
Risks and Uncertainties [Abstract]
CONCENTRATION OF CUSTOMERS	NOTE 19 - CONCENTRATION OF CUSTOMERS For the six-month periods ended June 30, 2020 and 2021, there were no customers who generated revenues greater than 10% of the Company’s consolidated total revenues or generated greater than 10% of the Company’s consolidated accounts receivable.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 20 - COMMITMENTS AND CONTINGENCIES Except for normal operating leases, the Company is not currently subject to any material commitments. From time to time, the Company is involved in various litigation matters involving claims incidental to its business and acquisitions, including employment matters, acquisition related claims, patent infringement and contractual matters, among other issues. While the outcome of any such litigation matters cannot be predicted with certainty, management currently believes that the outcome of these proceedings, including the matters described below, either individually or in the aggregate, will not have a material adverse effect on its business, results of operations or financial condition. The Company records reserves related to legal matters when losses related to such litigation or contingencies are both probable and reasonably estimable. In August 2014, Pointer do Brasil Comercial Ltda. (“Pointer Brazil”) received a notification of lack of payment of VAT tax (Brazilian ICMS tax) in the amount of $ 209 1,443 1,652 In July 2015, Pointer Brazil received a tax deficiency notice alleging that the services provided by Pointer Brazil should be classified as “telecommunication services” and therefore Pointer Brazil should be subject to the state value-added tax. The aggregate amount claimed to be owed under the notice was approximately $ 11,095 as of June 30, 2021. On August 14, 2018, the lower chamber of the State Tax Administrative Court in São Paulo rendered a decision that was favorable to Pointer Brazil in relation to the ICMS demands, but adverse in regards to the clerical obligation of keeping in good order a set of ICMS books and related tax receipts. The remaining claim after this administrative decision is $ 189 . The state has the opportunity to appeal to the higher chamber of the State Tax Administrative Court. The Company’s legal counsel is of the opinion that it is probable that the Company will prevail, and that no material costs will arise in respect to these claims. For this reason, the Company has not made any provision.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2021
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 21 - RECENT ACCOUNTING PRONOUNCEMENTS In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Simplifying the Accounting for Income Taxes which removes certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period, the recognition of deferred tax liabilities for outside basis differences and clarifies the accounting for transactions that result in a step-up in the tax basis of goodwill. The guidance is generally effective as of January 1, 2021, with early adoption permitted. The adoption of this standard did not have an impact on the Company’s consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments,” which amends the guidance on measuring credit losses on financial assets held at amortized cost. The amendment is intended to address the issue that the previous “incurred loss” methodology was restrictive for an entity’s ability to record credit losses based on not yet meeting the “probable” threshold. The new language will require these assets to be valued at amortized cost presented at the net amount expected to be collected with a valuation provision. This updated standard is effective for fiscal years beginning after December 15, 2021. The Company is currently evaluating the impact of this ASU on the consolidated financial statements.

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
SCHEDULE OF REVENUE DISAGGREGATED BY REVENUE SOURCE	The following table presents the Company’s revenues disaggregated by revenue source for the three- and six-months ended June 30, 2020 and 2021: SCHEDULE OF REVENUE DISAGGREGATED BY REVENUE SOURCE Three Months Ended June 30 Six Months Ended June 30, 2020 2021 2020 2021 Products $ 9,394 $ 15,466 $ 22,602 $ 26,886 Services 16,371 18,082 33,962 35,653 $ 25,765 $ 33,548 $ 56,564 $ 62,539
SCHEDULE OF DEFERRED REVENUE	The balances of contract assets, and contract liabilities from contracts with customers are as follows as of December 31, 2020 and June 30, 2021: SCHEDULE OF DEFERRED REVENUE December 31, 2020 June 30, 2021 (unaudited) Assets: Deferred contract costs $ 2,157 $ 2,325 Deferred costs $ 5,361 $ 3,963 Liabilities: Deferred revenue- services (1) $ 6,578 $ 8,525 Deferred revenue - products (1) 6,767 4,944 13,345 13,469 Less: Deferred revenue and contract liabilities - current portion (7,339 ) (8,048 ) Deferred revenue and contract liabilities - less current portion $ 6,006 $ 5,421 (1) The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance. For the three- and six-month periods ended June 30, 2020 and 2021, the Company recognized revenue of $ 2,426 and $ 4,600 , respectively, and $ 2,502 5,220 that was included in the deferred revenue balance at the beginning of each reporting period. The Company expects to recognize as revenue these deferred revenue balances before the year 2026, when the services are performed and, therefore, satisfies its performance obligation to the customers.

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	6 Months Ended
	Jun. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS	Prepaid expenses and other current assets consist of the following: SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS December 31, 2020 June 30, 2021 (Unaudited) Finance receivables, current $ 692 $ 648 Prepaid expenses 2,979 3,455 Contract assets 767 901 Other current assets 1,746 1,905 Prepaid expenses and other current assets $ 6,184 $ 6,909

INVENTORY (Tables)

INVENTORY (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORIES	Inventories consist of the following: SCHEDULE OF INVENTORIES December 31, 2020 June 30, 2021 (Unaudited) Components $ 7,697 $ 6,693 Work in process 237 348 Finished goods, net 4,939 6,431 Inventory, Net $ 12,873 $ 13,472

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF FIXED ASSETS	Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows: SCHEDULE OF FIXED ASSETS December 31, 2020 June 30, 2021 (Unaudited) Installed products $ 4,174 $ 5,715 Computer software 5,882 6,201 Computer and electronic equipment 5,273 5,534 Furniture and fixtures 1,828 1,877 Leasehold improvements 1,353 1,362 18,510 20,689 Accumulated depreciation and amortization (9,706 ) (11,823 ) $ 8,804 $ 8,866

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	The following table summarizes identifiable intangible assets of the Company as of December 31, 2020 and June 30, 2021: SCHEDULE OF INTANGIBLE ASSETS June 30, 2021 (Unaudited) Useful Lives (In Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortized: Customer relationships 9 12 $ 19,264 $ (3,545 ) $ 15,719 Trademark and tradename 3 15 7,553 (1,693 ) 5,860 Patents 7 11 2,117 (1,706 ) 411 Technology 7 10,911 (4,441 ) 6,470 Favorable contract interest 4 388 (380 ) 8 Covenant not to compete 5 208 (163 ) 45 40,441 (11,928 ) 28,513 Unamortized: Customer List 104 - 104 Trademark and tradename 61 - 61 165 - 165 Total $ 40,606 $ (11,928 ) $ 28,678 Covenant Not to Complete [Member] December 31, 2020 Useful Lives (In Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortized: Customer relationships 9 12 $ 19,264 $ (2,732 ) $ 16,532 Trademark and tradename 3 15 7,553 (1,292 ) 6,261 Patents 7 11 2,117 (1,661 ) 456 Technology 7 10,911 (3,172 ) 7,739 Favorable contract interest 4 388 (331 ) 57 Covenant not to compete 5 208 (142 ) 66 40,441 (9,330 ) 31,111 Unamortized: Customer List 104 - 104 Trademark and tradename 61 - 61 165 - 165 Total $ 40,606 $ (9,330 ) $ 31,276
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE	SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE Year ending December 31: 2021 (remaining) $ 2,557 2022 5,080 2023 5,035 2024 2,622 2025 2,495 2026 2,413 Thereafter 8,311 Finite-Lived Intangible Assets, Net, Total $ 28,513

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SCHEDULE OF STOCK OPTIONS ACTIVITY	The following table summarizes the activity relating to the Company’s stock options for the six-month period ended June 30, 2021: SCHEDULE OF STOCK OPTIONS ACTIVITY Options Weighted- Average Exercise Price Weighted-Average Remaining Contractual Terms Aggregate Intrinsic Value Outstanding at beginning of year 3,624 $ 5.85 Granted 120 7.77 Exercised (141 ) 5.58 Forfeited or expired (62 ) 6.04 Outstanding at end of period 3,541 $ 5.92 7.8 $ 2,584 Exercisable at end of period 1,276 $ 5.66 6.4 $ 1,218
SCHEDULE OF FAIR VALUE STOCK OPTION ASSUMPTIONS	The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions: SCHEDULE OF FAIR VALUE STOCK OPTION ASSUMPTIONS June 30, 2020 2021 Expected volatility 44.7 % 50.2 % Expected life of options (in years) 6 7 Risk free interest rate 1.17 % 0.69 % Dividend yield 0 % 0 % Weighted-average fair value of options granted during year $ 2.58 $ 3.81
SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY	The Company grants restricted stock to employees, whereby the employees are contractually restricted from transferring the shares until they are vested. The stock is unvested at the time of grant and, upon vesting, there are no legal restrictions on the stock. The fair value of each share is based on the Company’s closing stock price on the date of the grant. A summary of all non-vested restricted stock for the six-month period ended June 30, 2021 is as follows: SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY Number of Non-Vested Shares Weighted-Average Grant Date Fair Value Restricted stock, non-vested, beginning of year 806 $ 5.54 Granted 416 7.67 Vested (129 ) 6.94 Forfeited or expired (23 ) 5.40 Restricted stock, non-vested, end of period 1,070 $ 6.20
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY	The Company also grants restricted stock units (RSUs) to employees. The following table summarizes the activity relating to the Company’s restricted stock units for the six-month period ended June 30, 2021: SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY Number of Restricted Stock Units Weighted-Average Grant Date Fair Value Restricted stock units, non-vested, beginning of year 75 $ 5.60 Granted - - Vested (34 ) 5.60 Forfeited (4 ) 5.60 Restricted stock units, non-vested, end of period 37 $ 5.60

NET LOSS PER SHARE (Tables)

NET LOSS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
SCHEDULE OF NET LOSS PER SHARE BASIC AND DILUTED	Net loss per share for the three- and six-month periods ended June 30, 2020 and 2021 are as follows: SCHEDULE OF NET LOSS PER SHARE BASIC AND DILUTED Three Months Ended Six Months Ended June 30, June 30, 2020 2021 2020 2021 Basic and diluted loss per share Net loss attributable to common stockholders $ (3,766 ) $ (2,633 ) $ (8,315 ) $ (5,616 ) Weighted-average common share outstanding - basic and diluted 29,399 34,898 29,216 34,083 Net loss attributable to common stockholders - basic and diluted $ (0.13 ) $ (0.08 ) $ (0.28 ) $ (0.16 )

SHORT-TERM BANK DEBT AND LONG_2

SHORT-TERM BANK DEBT AND LONG-TERM DEBT (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
SCHEDULE OF LONG TERM DEBT	SCHEDULE OF LONG TERM DEBT December 31, 2020 June 30, 2021 (Unaudited) Short-term bank debt $ 280 $ 391 Short-term bank debt $ 280 $ 391 Current maturities of long-term debt $ 5,299 $ 5,527 Long term debt - less current maturities $ 23,179 $ 20,015
SCHEDULE OF MATURITIES OF LONG TERM DEBT	Scheduled maturities of the Term A Facility and the Term B Facility as of June 30, 2021 are as follows: SCHEDULE OF MATURITIES OF LONG TERM DEBT Year ending December 31: 2022 $ 5,527 2023 5,740 2024 14,275 Long term debt 25,542 Less: Current Portion 5,527 Total $ 20,015

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	Accounts payable and accrued expenses consist of the following: SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES 1 2 December 31, 2020 June 30, 2021 (Unaudited) Accounts payable $ 9,877 $ 13,331 Accrued warranty 705 880 Accrued compensation 5,581 5,492 Government authorities 3,047 3,035 Other current liabilities 1,015 825 Accounts payable and accrued expenses $ 20,225 $ 23,563
SCHEDULE OF PRODUCT WARRANTY LIABILITY	The following table summarizes warranty activity for the six-month periods ended June 30, 2020 and 2021: SCHEDULE OF PRODUCT WARRANTY LIABILITY Six Months Ended June 30, 2020 2021 Accrued warranty reserve, beginning of year $ 775 $ 807 Accrual for product warranties issued 368 680 Product replacements and other warranty expenditures (355 ) (220 ) Expiration of warranties (18 ) (216 ) Accrued warranty reserve, end of period (a) $ 770 $ 1,051 (a) Includes non-current accrued warranty included in other long-term liabilities at December 31, 2020 and June 30, 2021 of $ 102 171

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	6 Months Ended
	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
SCHEDULE OF ACCUMULATED OTHER COMPREHENSIVE LOSS	The accumulated balances for each classification of other comprehensive loss for the six-month period ended June 30, 2021 are as follows: SCHEDULE OF ACCUMULATED OTHER COMPREHENSIVE LOSS Foreign currency translation adjustment Accumulated other comprehensive income Balance at January 1, 2021 $ 399 $ 399 Net current period change (331 ) (331 ) Balance at June 30, 2021 $ 68 $ 68 The accumulated balances for each classification of other comprehensive loss for the six-month period ended June 30, 2020 are as follows: Foreign currency translation adjustment Accumulated other comprehensive income Balance at January 1, 2020 $ 265 $ 265 Net current period change (1,920 ) (1,920 ) Balance at June 30, 2020 $ (1,655 ) $ (1,655 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
SCHEDULE OF REVENUES AND LONG LIVED ASSETS BY GEOGRAPHICAL REGION	SCHEDULE OF REVENUES AND LONG LIVED ASSETS BY GEOGRAPHICAL REGION Three Months Ended June 30, Six Months Ended June 30, 2020 2021 2020 2021 United States $ 10,845 $ 13,622 $ 23,953 $ 25,210 Israel 9,135 11,641 18,875 22,688 Other 5,785 8,285 13,736 14,641 $ 25,765 $ 33,548 $ 56,564 $ 62,539 December 31, 2020 June 30, 2021 (Unaudited) Long lived assets by geographic region: United States $ 1,425 $ 1,252 Israel 3,282 3,428 Other 4,097 4,186 $ 8,804 $ 8,866

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
SCHEDULE OF COMPONENTS OF LEASE EXPENSE	Components of lease expense are as follows: SCHEDULE OF COMPONENTS OF LEASE EXPENSE Three Months Ended June 30, Six Months Ended June 30, 2020 2021 2020 2021 Short term lease cost: $ 164 $ 177 $ 293 $ 355
SCHEDULE OF CASH FLOW INFORMATION AND NON-CASH ACTIVITY OF OPERATING LEASES	Supplemental cash flow information and non-cash activity related to our operating leases are as follows: SCHEDULE OF CASH FLOW INFORMATION AND NON-CASH ACTIVITY OF OPERATING LEASES Six Months Ended June 30, 2020 2021 Non-cash activity: Right-of-use assets obtained in exchange for lease obligations $ 2,259 $ 1,111
SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE	Weighted-average remaining lease term and discount rate for our operating leases are as follows: SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE June 30, 2021 Weighted-average remaining lease term (in years) 3.8 Weighted-average discount rate 4.4 %
SCHEDULED MATURITIES OF OPERATING LEASE LIABILITIES	Scheduled maturities of operating lease liabilities outstanding as of June 30, 2021 are as follows: SCHEDULED MATURITIES OF OPERATING LEASE LIABILITIES 1 Year ending December 31: July - December 2021 $ 1,409 2022 2,493 2023 2,147 2024 1,659 2025 1,640 Thereafter 1,518 Total lease payments 10,866 Less: Imputed interest (1,260 ) Present value of lease liabilities $ 9,606

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS	SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS June 30, 2021 Carrying Amount Fair Value Long term debt $ 25,542 $ 25,542

DESCRIPTION OF THE COMPANY AN_2

DESCRIPTION OF THE COMPANY AND BASIS OF PRESENTATION (Details Narrative) - USD ($) shares in Thousands, $ in Thousands	Feb. 01, 2021	May 14, 2020	Nov. 27, 2019	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Schedule of Capitalization, Long-term Debt [Line Items]
Cash and Cash Equivalents, at Carrying Value				$ 39,861	$ 21,469	$ 18,127	$ 16,395
Working capital				53,287
Proceeds from offering price				$ 26,867	$ 4,041
Common Stock, Preferred Stock, Warrants, Debt Securities, and Units, or Any Combination [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Sale of stock, description of transaction			The Company has on file a shelf registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission (the “SEC”) on November 27, 2019. Pursuant to the shelf registration statement, the Company may offer to the public from time to time, in one or more offerings, up to $60,000 of our common stock, preferred stock, warrants, debt securities, and units, or any combination of the foregoing, at prices and on terms to be determined at the time of any such offering. The specific terms of any future offering will be determined at the time of the offering and described in a prospectus supplement that will be filed with the SEC in connection with such offering.
Common stock having an aggregate offering price			$ 60,000
IPO [Member] | Equity Distribution Agreement [Member] | Canaccord Genuity LLC [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Number of common stocks issued		810
Proceeds from issuance of common stock		$ 4,200
Underwritten Public Offering [Member] | Underwriting Agreement [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Number of common stocks issued	4,428
Proceeds from offering price	$ 28,800
Revolving Credit Facility [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Line of credit facility, expiration period				five
Line of credit, principal amount				$ 10,000
Two Senior Secured Term Loan [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt instrument, face amount				30,000
Facilities One [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt instrument, face amount				20,000
Facilities Two [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt instrument, face amount				$ 10,000

SCHEDULE OF REVENUE DISAGGREGAT

SCHEDULE OF REVENUE DISAGGREGATED BY REVENUE SOURCE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Total Revenue	$ 33,548	$ 25,765	$ 62,539	$ 56,564
Product [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	15,466	9,394	26,886	22,602
Service [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 18,082	$ 16,371	$ 35,653	$ 33,962

SCHEDULE OF DEFERRED REVENUE (D

SCHEDULE OF DEFERRED REVENUE (Details) - USD ($) $ in Thousands		Jun. 30, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Deferred costs		$ 3,963	$ 5,361
Deferred revenue		13,469	13,345
Less: Deferred revenue and contract liabilities - current portion		(8,048)	(7,339)
Deferred revenue and contract liabilities - less current portion		5,421	6,006
Service [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue	[1]	8,525	6,578
Product [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue	[1]	4,944	6,767
Deferred Contract Costs [Member]
Disaggregation of Revenue [Line Items]
Deferred costs		$ 2,325	$ 2,157
[1]	The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance. For the three- and six-month periods ended June 30, 2020 and 2021, the Company recognized revenue of $

SCHEDULE OF DEFERRED REVENUE _2

SCHEDULE OF DEFERRED REVENUE (Details) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 2,502	$ 2,426	$ 5,220	$ 4,600

SCHEDULE OF PREPAID EXPENSES AN

SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Finance receivables, current	$ 648	$ 692
Prepaid expenses	3,455	2,979
Contract assets	901	767
Other current assets	1,905	1,746
Prepaid expenses and other current assets	$ 6,909	$ 6,184

SCHEDULE OF INVENTORIES (Detail

SCHEDULE OF INVENTORIES (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Components	$ 6,693	$ 7,697
Work in process	348	237
Finished goods, net	6,431	4,939
Inventory, Net	$ 13,472	$ 12,873

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Inventory Valuation Reserves	$ 607	$ 515

SCHEDULE OF FIXED ASSETS (Detai

SCHEDULE OF FIXED ASSETS (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 20,689	$ 18,510
Accumulated depreciation and amortization	(11,823)	(9,706)
Property, plant and equipment, net	8,866	8,804
Installed Products [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,715	4,174
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	6,201	5,882
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,534	5,273
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,877	1,828
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,362	$ 1,353

FIXED ASSETS (Details Narrative

FIXED ASSETS (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	$ 788	$ 651	$ 1,633	$ 1,386
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment [Line Items]
Capitalized Computer Software, Amortization	$ 103	$ 130	$ 210	$ 261

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross Carrying Amount	$ 40,441	$ 40,441
Finite-Lived Intangible Assets, Accumulated Amortization	(11,928)	(9,330)
Finite-Lived Intangible Assets, Net, Total	28,513	31,111
Indefinite-Lived Intangible Assets (Excluding Goodwill), Gross	165	165
Indefinite-Lived Intangible Assets (Excluding Goodwill)	165	165
Intangible Assets Gross	40,606	40,606
Intangible Assets, Accumulated Amortization	(11,928)	(9,330)
Total	28,678	31,276
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross Carrying Amount	7,553	7,553
Finite-Lived Intangible Assets, Accumulated Amortization	(1,693)	(1,292)
Finite-Lived Intangible Assets, Net, Total	5,860	6,261
Indefinite-Lived Intangible Assets (Excluding Goodwill), Gross	61	61
Indefinite-Lived Intangible Assets (Excluding Goodwill)	61	61
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill), Gross	104	104
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 104	$ 104
Minimum [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	3 years	3 years
Maximum [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	15 years	15 years
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross Carrying Amount	$ 19,264	$ 19,264
Finite-Lived Intangible Assets, Accumulated Amortization	(3,545)	(2,732)
Finite-Lived Intangible Assets, Net, Total	$ 15,719	$ 16,532
Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	9 years	9 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	12 years	12 years
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross Carrying Amount	$ 2,117	$ 2,117
Finite-Lived Intangible Assets, Accumulated Amortization	(1,706)	(1,661)
Finite-Lived Intangible Assets, Net, Total	$ 411	$ 456
Patents [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	7 years	7 years
Patents [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	11 years	11 years
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	7 years	7 years
Finite-Lived Intangible Assets, Gross Carrying Amount	$ 10,911	$ 10,911
Finite-Lived Intangible Assets, Accumulated Amortization	(4,441)	(3,172)
Finite-Lived Intangible Assets, Net, Total	$ 6,470	$ 7,739
Favorable Contract Interest [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	4 years	4 years
Finite-Lived Intangible Assets, Gross Carrying Amount	$ 388	$ 388
Finite-Lived Intangible Assets, Accumulated Amortization	(380)	(331)
Finite-Lived Intangible Assets, Net, Total	$ 8	$ 57
Covenant Not to Complete [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Lives (In Years)	5 years	5 years
Finite-Lived Intangible Assets, Gross Carrying Amount	$ 208	$ 208
Finite-Lived Intangible Assets, Accumulated Amortization	(163)	(142)
Finite-Lived Intangible Assets, Net, Total	$ 45	$ 66

SCHEDULE OF FINITE-LIVED INTANG

SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2021 (remaining)	$ 2,557
2022	5,080
2023	5,035
2024	2,622
2025	2,495
2026	2,413
Thereafter	8,311
Finite-Lived Intangible Assets, Net, Total	$ 28,513	$ 31,111

INTANGIBLE ASSETS AND GOODWIL_2

INTANGIBLE ASSETS AND GOODWILL (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			9 years 2 months 12 days
Amortization of Intangible Assets	$ 1,298	$ 1,333	$ 2,597	$ 2,665
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			11 years 10 months 24 days
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			9 years 7 months 6 days
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			9 years 9 months 18 days
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			4 years 3 months 18 days
Favorable Contract Interest [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			4 years
Covenant Not To Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted amortization period for intangible assets			5 years

SCHEDULE OF STOCK OPTIONS ACTIV

SCHEDULE OF STOCK OPTIONS ACTIVITY (Details) - Share-based Payment Arrangement, Option [Member] $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2021USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding at beginning of year | shares	3,624
Weighted-average Exercise Price, Outstanding at beginning of year | $ / shares	$ 5.85
Options, Granted | shares	120
Weighted-average Exercise Price, Granted | $ / shares	$ 7.77
Options, Exercised | shares	(141)
Weighted-average Exercise Price, Exercised | $ / shares	$ 5.58
Options, Forfeited or expired | shares	(62)
Weighted-average Exercise Price, Forfeited or expired | $ / shares	$ 6.04
Options, Outstanding at end of period | shares	3,541
Weighted-average Exercise Price, Outstanding at end of period | $ / shares	$ 5.92
Weighted-Average Remaining Contractual Terms	7 years 9 months 18 days
Aggregate Intrinsic Value, Ending | $	$ 2,584
Options, Exercisable at end of period | shares	1,276
Weighted-average Exercise Price, Exercisable at end of period | $ / shares	$ 5.66
Weighted-Average Remaining Contractual Terms, Exercisable	6 years 4 months 24 days
Aggregate Intrinsic Value, Exercisable | $	$ 1,218

SCHEDULE OF FAIR VALUE STOCK OP

SCHEDULE OF FAIR VALUE STOCK OPTION ASSUMPTIONS (Details) - $ / shares	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Expected volatility	50.20%	44.70%
Expected life of options (in years)	7 years	6 years
Risk free interest rate	0.69%	1.17%
Dividend yield	0.00%	0.00%
Weighted-average fair value of options granted during year	$ 3.81	$ 2.58

SCHEDULE OF NON-VESTED RESTRICT

SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Non-vested Shares, Restricted stock, non-vested, beginning of year | shares	806
Weighted- Average Grant Date Fair Value, Restricted stock, non-vested, beginning of year | $ / shares	$ 5.54
Number of Non-vested Shares, Granted | shares	416
Weighted- Average Grant Date Fair Value, Granted | $ / shares	$ 7.67
Number of Non-vested Shares, Vested | shares	(129)
Weighted- Average Grant Date Fair Value, Vested | $ / shares	$ 6.94
Number of Non-vested Shares, Forfeited | shares	(23)
Weighted- Average Grant Date Fair Value, Forfeited | $ / shares	$ 5.40
Number of Non-vested Shares | shares	1,070
Weighted- Average Grant Date Fair Value, Restricted stock, non-vested, end of period | $ / shares	$ 6.20
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Non-vested Shares, Restricted stock, non-vested, beginning of year | shares	75
Weighted- Average Grant Date Fair Value, Restricted stock, non-vested, beginning of year | $ / shares	$ 5.60
Number of Non-vested Shares, Granted | shares
Weighted- Average Grant Date Fair Value, Granted | $ / shares
Number of Non-vested Shares, Vested | shares	(34)
Weighted- Average Grant Date Fair Value, Vested | $ / shares	$ 5.60
Number of Non-vested Shares, Forfeited | shares	(4)
Weighted- Average Grant Date Fair Value, Forfeited | $ / shares	$ 5.60
Number of Non-vested Shares | shares	37
Weighted- Average Grant Date Fair Value, Restricted stock, non-vested, end of period | $ / shares	$ 5.60

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$ 339	$ 411	$ 716	$ 843
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value			438	1,012
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			465	225
Share-based compensation, nonvested awards, not yet recognized	3,480		$ 3,480
Share-based compensation, nonvested awards, not yet recognized, period for recognition			3 years 10 months 2 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	710	449	$ 1,375	1,048
Share-based compensation, nonvested awards, not yet recognized	4,275		$ 4,275
Share-based compensation, nonvested awards, not yet recognized, period for recognition			2 years 9 months 18 days
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	46	$ 67	$ 101	$ 195
Share-based compensation, nonvested awards, not yet recognized	$ 146		$ 146
Share-based compensation, nonvested awards, not yet recognized, period for recognition			9 months 18 days

SCHEDULE OF NET LOSS PER SHARE

SCHEDULE OF NET LOSS PER SHARE BASIC AND DILUTED (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Net loss attributable to common stockholders	$ (2,633)	$ (2,983)	$ (3,766)	$ (4,549)	$ (5,616)	$ (8,315)
Weighted-average common share outstanding - basic and diluted	34,898		29,399		34,083	29,216
Net loss attributable to common stockholders - basic and diluted	$ (0.08)		$ (0.13)		$ (0.16)	$ (0.28)

NET LOSS PER SHARE (Details Nar

NET LOSS PER SHARE (Details Narrative) - shares shares in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	12,141	12,027

SCHEDULE OF LONG TERM DEBT (Det

SCHEDULE OF LONG TERM DEBT (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Short-term bank debt	$ 391	$ 280
Current maturities of long-term debt	5,527	5,299
Long term debt - less current maturities	$ 20,015	$ 23,179

SCHEDULE OF MATURITIES OF LONG

SCHEDULE OF MATURITIES OF LONG TERM DEBT (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
2022	$ 5,527
2023	5,740
2024	14,275
Long term debt	25,542
Less: Current Portion	5,527	$ 5,299
Total	$ 20,015	$ 23,179

SHORT-TERM BANK DEBT AND LONG_3

SHORT-TERM BANK DEBT AND LONG-TERM DEBT (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Nov. 30, 2020
Credit Agreement [Member]
Line of Credit Facility [Line Items]
Proceeds from long term debt			$ 30,000
Restricted deposit amount	$ 3,000		3,000
Debt Issuance Costs, Net	742		742
Amortization of Debt Issuance Costs	72		155
Interest Expense, Debt	276	$ 383	553	$ 743
Credit Agreement [Member] | Bank Hapoalim [Member]
Line of Credit Facility [Line Items]
Restricted deposit amount	3,000		3,000
Escrow deposit						$ 3,000
Credit Agreement [Member] | Two Loan Facilities [Member]
Line of Credit Facility [Line Items]
Debt, principal amount	$ 30,000		$ 30,000
Credit Agreement [Member] | Term A Facility [Member]
Line of Credit Facility [Line Items]
Debt interest rate	4.73%		4.73%			3.65%
Debt, principal amount	$ 20,000		$ 20,000
Credit Agreement [Member] | Term A Facility [Member] | Bank Hapoalim [Member]
Line of Credit Facility [Line Items]
Debt interest rate	4.73%		4.73%
Credit Agreement [Member] | Term A Facility [Member] | Bank Hapoalim [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt interest rate	3.65%		3.65%
Credit Agreement [Member] | Term B Facility [Member]
Line of Credit Facility [Line Items]
Debt interest rate	5.89%		5.89%			4.50%
Debt, principal amount	$ 10,000		$ 10,000
Credit Agreement [Member] | Term B Facility [Member] | Bank Hapoalim [Member]
Line of Credit Facility [Line Items]
Debt interest rate	4.50%		4.50%
Credit Agreement [Member] | Term B Facility [Member] | Bank Hapoalim [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Debt interest rate	5.89%		5.89%
Credit Agreement [Member] | Revolving Facility [Member]
Line of Credit Facility [Line Items]
Debt, principal amount	$ 10,000		$ 10,000
Debt term			five-year
Debt interest rate description			The interest rate for the Revolving Facility is, with respect to NIS-denominated loans, Hapoalim’s prime rate + 2.5%, and with respect to US dollar-denominated loans, LIBOR + 4.6%. In addition, the Company pays a 1% commitment fee on the unutilized and uncancelled availability under the Revolving Facility
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt interest rate	12.70%		12.70%		16.00%

SCHEDULE OF ACCOUNTS PAYABLE AN

SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accounts payable	$ 13,331	$ 9,877
Accrued warranty	880	705
Accrued compensation	5,492	5,581
Government authorities	3,035	3,047
Other current liabilities	825	1,015
Accounts payable and accrued expenses	$ 23,563	$ 20,225

SCHEDULE OF PRODUCT WARRANTY LI

SCHEDULE OF PRODUCT WARRANTY LIABILITY (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2021	Jun. 30, 2020
Payables and Accruals [Abstract]
Accrued warranty reserve, beginning of year		$ 807	$ 775
Accrual for product warranties issued		680	368
Product replacements and other warranty expenditures		(220)	(355)
Expiration of warranties		(216)	(18)
Accrued warranty reserve, end of period	[1]	$ 1,051	$ 770
[1]	Includes non-current accrued warranty included in other long-term liabilities at December 31, 2020 and June 30, 2021 of $ 102 171

SCHEDULE OF PRODUCT WARRANTY _2

SCHEDULE OF PRODUCT WARRANTY LIABILITY (Details) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Other Noncurrent Liabilities [Member]
Customer Securities for which Entity has Right to Sell or Repledge (Including Securities Sold or Repledged) [Line Items]
Product Warranty Accrual, Noncurrent	$ 171	$ 102

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details Narrative)	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
Warranty term description	The Company’s products are warranted against defects in materials and workmanship for a period of one to three years from the date of acceptance of the product by the customer.
Extended warranty coverage term	60 months

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Feb. 01, 2021	Jun. 30, 2021	Jun. 30, 2020	Oct. 03, 2019
Class of Stock [Line Items]
Proceeds from offering price		$ 26,867	$ 4,041
Preferred stock, shares authorized		50,000
Preferred stock, par value		$ 0.01
Financial instruments subject to mandatory redemption, settlement rerms, description		On June 9, 2021, we entered into a preferred stock redemption right agreement (the “Redemption Right Agreement”) with the Investors, pursuant to which we have the right to redeem 10 shares of Series A Preferred Stock at a price of $1,450 per share plus all accrued and unpaid dividends, to be paid in cash
Undesignated [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized		50
Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized		150
Preferred stock, par value		$ 0.01
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Number of common stock issued		0	1
Preferred stock, shares authorized		100
Preferred stock, liquidation preference description		The Series A Preferred Stock has a liquidation preference equal to the greater of (i) the original issuance price of $1,000.00 per share, subject to certain adjustments (the “Series A Issue Price”), plus all accrued and unpaid dividends thereon (except in the case of a deemed liquidation event, then 150% of such amount) and (ii) the amount such holder would have received if the Series A Preferred Stock had converted into common stock immediately prior to such liquidation.
Preferred stock, liquidation price per share		$ 1,000
Dividends paid		$ 2,057
Preferred Stock, Amount of Preferred Dividends in Arrears		$ 0
Preferred stock, voting rights		From and after the delivery of a Series A Voting Activation Notice, all holders of the Series A Preferred Stock will be entitled to vote with the holders of common stock as a single class on an as-converted basis (provided, however, that any holder of Series A Preferred Stock shall not be entitled to cast votes for the number of shares of common stock issuable upon conversion of such shares of Series A Preferred Stock held by such holder that exceeds the quotient of (1) the aggregate Series A Issue Price for such shares of Series A Preferred Stock divided by (2) $5.57 (subject to adjustment for stock splits, stock dividends, combinations, reclassifications and similar events, as applicable)). So long as shares of Series A Preferred Stock are outstanding and convertible into shares of common stock that represent at least 10% of the voting power of the common stock, or the Investors or their affiliates continue to hold at least 33% of the aggregate amount of Series A Preferred Stock issued to the Investors on the Original Issuance Date, the consent of the holders of at least a majority of the outstanding shares of Series A Preferred Stock will be necessary for the Company to, among other things, (i) liquidate the Company or any operating subsidiary or effect any deemed liquidation event (as such term is defined in the Charter), except for a deemed liquidation event in which the holders of Series A Preferred Stock receive an amount in cash not less than the Redemption Price (as defined below), (ii) amend the Company’s organizational documents in a manner that adversely affects the Series A Preferred Stock, (iii) issue any securities that are senior to, or equal in priority with, the Series A Preferred Stock or issue additional shares of Series A Preferred Stock to any person other than the Investors or their affiliates, (iv) incur indebtedness above the agreed-upon threshold, (v) change the size of the Company’s board of directors to a number other than seven, or (vi) enter into certain affiliated arrangements or transactions.
Conversion price per share		$ 7.319
Redemption, description		At any time after the third anniversary of the Original Issuance Date, subject to certain conditions, the Company may redeem the Series A Preferred Stock for an amount per share, equal to the greater of (i) the product of (x) 1.5 multiplied by (y) the sum of the Series A Issue Price, plus all accrued and unpaid dividends and (ii) the product of (x) the number of shares of common stock issuable upon conversion of such Series A Preferred Stock multiplied by (y) the volume weighted average price of the common stock during the 30 consecutive trading day period ending on the trading date immediately prior to the date of such redemption notice or, if calculated in connection with a deemed liquidation event, the value ascribed to a share of common stock in such deemed liquidation event (the “Redemption Price”).
Series A Preferred Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Percentage		7.50%
Series A Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Percentage		17.50%
Series A Preferred Stock [Member] | Investor [Member]
Class of Stock [Line Items]
Preferred stock, shares issued				50
Underwritten Agreement [Member] | Canaccord Genuity LLC [Member]
Class of Stock [Line Items]
Number of common stock issued	4,428
Proceeds from offering price	$ 28,800

SCHEDULE OF ACCUMULATED OTHER C

SCHEDULE OF ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign currency translation adjustment, Balance at Beginning			$ 399	$ 265
Accumulated other comprehensive income, Balance at Beginning			399	265
Foreign currency translation adjustment, Net current period change			(331)	(1,920)
Accumulated other comprehensive income, Net current period change	$ 1,003	$ 406	(331)	(1,920)
Foreign currency translation adjustment, Balance at End	68	(1,655)	68	(1,655)
Accumulated other comprehensive income, Balance at End	$ 68	$ (1,655)	$ 68	$ (1,655)

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax			$ (331)	$ (1,920)
Long-term Debt [Member]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	$ (615)		412
Selling, General and Administrative Expenses [Member]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	$ 56	$ 112	$ 206	$ (141)

SCHEDULE OF REVENUES AND LONG L

SCHEDULE OF REVENUES AND LONG LIVED ASSETS BY GEOGRAPHICAL REGION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenue	$ 33,548	$ 25,765	$ 62,539	$ 56,564
Long lived assets	8,866		8,866		$ 8,804
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenue	13,622	10,845	25,210	23,953
Long lived assets	1,252		1,252		1,425
ISRAEL
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenue	11,641	9,135	22,688	18,875
Long lived assets	3,428		3,428		3,282
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenue	8,285	$ 5,785	14,641	$ 13,736
Long lived assets	$ 4,186		$ 4,186		$ 4,097

SEGMENT INFORMATION (Details Na

SEGMENT INFORMATION (Details Narrative)	6 Months Ended
	Jun. 30, 2021Segments
Segment Reporting [Abstract]
Number of Reportable Segments	1

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Interest percentage	(20.00%)	(12.00%)

SCHEDULE OF COMPONENTS OF LEASE

SCHEDULE OF COMPONENTS OF LEASE EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Short term lease cost	$ 177	$ 164	$ 355	$ 293

SCHEDULE OF CASH FLOW INFORMATI

SCHEDULE OF CASH FLOW INFORMATION AND NON-CASH ACTIVITY OF OPERATING LEASES (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Right-of-use assets obtained in exchange for lease obligations	$ 1,111	$ 2,259

SCHEDULE OF WEIGHTED AVERAGE RE

SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE (Details)	Jun. 30, 2021
Leases [Abstract]
Weighted-average remaining lease term (in years)	3 years 9 months 18 days
Weighted-average discount rate	4.40%

SCHEDULED MATURITIES OF OPERATI

SCHEDULED MATURITIES OF OPERATING LEASE LIABILITIES (Details) $ in Thousands	Jun. 30, 2021USD ($)
Leases [Abstract]
July - December 2021	$ 1,409
2022	2,493
2023	2,147
2024	1,659
2025	1,640
Thereafter	1,518
Total lease payments	10,866
Less: Imputed interest	(1,260)
Present value of lease liabilities	$ 9,606

LEASES (Details Narrative)

LEASES (Details Narrative)	6 Months Ended
	Jun. 30, 2021
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Line Items]
Options to extend lease term	up to five years
Minimum [Member]
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Line Items]
Operating lease, remaining lease term	1 year
Maximum [Member]
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Line Items]
Operating lease, remaining lease term	7 years

SCHEDULE OF FAIR VALUE OF FINAN

SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - Fair Value, Inputs, Level 2 [Member] $ in Thousands	Jun. 30, 2021USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long term debt, carrying amount	$ 25,542
Long term debt, fair value	$ 25,542

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands	Aug. 14, 2018	Aug. 31, 2014	Jun. 30, 2021
Brasil Commercial Ltda [Member]
Entity Listings [Line Items]
Loss Contingency, Damages Sought, Value			$ 11,095
Brasil Commercial Ltda [Member] | Remaining Claim After Administrative Decisions [Member]
Entity Listings [Line Items]
Loss Contingency, Damages Sought, Value	$ 189
Short-term Bank Debt [Member]
Entity Listings [Line Items]
Total value		$ 1,652
Brazilian ICMS Tax [Member]
Entity Listings [Line Items]
Interest expense		209
Penalty expense		$ 1,443