Acorn Energy (ACFN) 10-Q 14 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 09, 2019
OmniMetrix acquistion [Member]
Entity Registrant Name	ACORN ENERGY, INC.
Entity Central Index Key	0000880984
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		40,393,259
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,338	$ 973
Restricted cash	311	290
Accounts receivable, net	761	665
Inventory, net	358	261
Deferred charges	690	803
Other current assets	132	144
Total current assets	3,590	3,136
Property and equipment, net	118	73
Other assets	774	710
Total assets	4,482	3,919
Current liabilities:
Short-term credit	143
Accounts payable	253	246
Accrued expenses	198	430
Deferred revenue	2,881	2,734
Due to former Acorn director (resigned as of August 6, 2018) (Note 3)		250
Other current liabilities	94	127
Total current liabilities	3,569	3,787
Non-current liabilities:
Deferred revenue	1,484	1,327
Due to former Acorn director (resigned as of August 6, 2018) (Note 3)		33
Other non-current liabilities	13	2
Total non-current liabilities	1,497	1,362
Commitments and contingencies
Equity (deficit):
Acorn Energy, Inc. shareholders Common stock - $0.01 par value per share: Authorized - 42,000,000 shares; Issued - 40,393,259 and 30,357,706 shares at September 30, 2019 and December 31, 2018, respectively	396	304
Additional paid-in capital	101,557	100,340
Warrants	1,118	1,118
Accumulated deficit	(100,621)	(100,064)
Treasury stock, at cost - 801,920 shares at September 30, 2019 and December 31, 2018	(3,036)	(3,036)
Total Acorn Energy, Inc. shareholders' deficit	(586)	(1,338)
Non-controlling interests	2	108
Total equity(deficit)	(584)	(1,230)
Total liabilities and deficit	$ 4,482	$ 3,919

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	42,000,000	42,000,000
Common stock, shares issued	40,393,259	30,357,706
Treasury stock, shares	801,920	801,920

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue	$ 1,386	$ 1,337	$ 4,090	$ 3,776
Gross profit	922	831	2,644	2,312
Operating expenses:
Research and development expenses	137	139	420	399
Selling, general and administrative expenses	906	922	2,809	3,055
Total operating expenses	1,043	1,061	3,229	3,454
Operating loss	(121)	(230)	(585)	(1,142)
Finance expense, net		3	(1)	(76)
Loss before income taxes	(121)	(227)	(586)	(1,218)
Income tax expense
Net loss after income taxes	(121)	(227)	(586)	(1,218)
Share of income in DSIT				33
Impairment of investment in DSIT				(33)
(Loss)gain on sale of interest in DSIT, net of withholding taxes and transaction costs		222		(607)
Net loss	(121)	(5)	(586)	(1,825)
Non-controlling interest share of net loss		9	29	69
Net loss attributable to Acorn Energy, Inc. shareholders	$ (121)	$ 4	$ (557)	$ (1,756)
Basic and diluted net loss per share attributable to Acorn Energy, Inc. shareholders:	$ 0	$ 0	$ (0.02)	$ (0.06)
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders - basic	40,393,000	29,555,000	33,844,000	29,535,000
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders -diluted	40,393,000	29,555,000	33,844,000	29,535,000
Products and Services [Member]
Cost of sales - other	$ 465	$ 506	$ 1,417	$ 1,464
Other [Member]
Cost of sales - other	$ (1)		$ 29

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity (Deficit) (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]		Additional Paid-In Capital [Member]	Warrants [Member]	Accumulated Deficit [Member]	Treasury Stock [Member]	Total Acorn Energy, Inc. Shareholders' Equity (Deficit) [Member]	Non-Controlling Interests [Member]	Total
Balances at Dec. 31, 2017	$ 295		$ 99,827	$ 1,600	$ (98,215)	$ (3,036)	$ 471	$ 281	$ 752
Balances, shares at Dec. 31, 2017	29,500,000					802,000
Adjustment of retained earnings in accordance with ASC 606					152		152		152
Net loss					(1,222)		(1,222)	(27)	(1,249)
Accrued dividend in OmniMetrix preferred shares								(25)	(25)
Shares granted in lieu of director fees		[1]	4				4		4
Shares granted in lieu of director fees, shares	19,000
Stock option compensation			7				7		7
Balances at Mar. 31, 2018	$ 295		99,838	1,600	(99,285)	$ (3,036)	(588)	229	(359)
Balances, shares at Mar. 31, 2018	29,519,000					802,000
Balances at Dec. 31, 2017	$ 295		99,827	1,600	(98,215)	$ (3,036)	471	281	752
Balances, shares at Dec. 31, 2017	29,500,000					802,000
Net loss									(1,825)
Balances at Sep. 30, 2018	$ 296		99,861	1,600	(99,819)	$ (3,036)	(1,098)	145	(953)
Balances, shares at Sep. 30, 2018	29,556,000					802,000
Balances at Mar. 31, 2018	$ 295		99,838	1,600	(99,285)	$ (3,036)	(588)	229	(359)
Balances, shares at Mar. 31, 2018	29,519,000					802,000
Net loss					(538)		(538)	(33)	(571)
Accrued dividend in OmniMetrix preferred shares								(25)	(25)
Shares granted in lieu of director fees		[1]	5				5		5
Shares granted in lieu of director fees, shares	18,000
Stock option compensation			11				11		11
Balances at Jun. 30, 2018	$ 295		99,854	1,600	(99,823)	$ (3,036)	(1,110)	171	(939)
Balances, shares at Jun. 30, 2018	29,537,000					802,000
Net loss					4		4	(9)	(5)
Accrued dividend in OmniMetrix preferred shares								(17)	(17)
Shares granted in lieu of director fees	$ 1		4				5		5
Shares granted in lieu of director fees, shares	19,000
Stock option compensation			3				3		3
Balances at Sep. 30, 2018	$ 296		99,861	1,600	(99,819)	$ (3,036)	(1,098)	145	(953)
Balances, shares at Sep. 30, 2018	29,556,000					802,000
Balances at Dec. 31, 2018	$ 296		100,348	1,118	(100,064)	$ (3,036)	(1,338)	108	(1,230)
Balances, shares at Dec. 31, 2018	29,556,000					802,000
Net loss					(237)		(237)	(24)	(261)
Accrued dividend in OmniMetrix preferred shares								(20)	(20)
Stock option compensation			6				6		6
Balances at Mar. 31, 2019	$ 296		100,354	1,118	(100,301)	$ (3,036)	(1,569)	64	(1,505)
Balances, shares at Mar. 31, 2019	29,556,000					802,000
Balances at Dec. 31, 2018	$ 296		100,348	1,118	(100,064)	$ (3,036)	(1,338)	108	(1,230)
Balances, shares at Dec. 31, 2018	29,556,000					802,000
Net loss									(586)
Balances at Sep. 30, 2019	$ 396		101,557	1,118	(100,621)	$ (3,036)	(586)	2	(584)
Balances, shares at Sep. 30, 2019	39,591,000					802,000
Balances at Mar. 31, 2019	$ 296		100,354	1,118	(100,301)	$ (3,036)	(1,569)	64	(1,505)
Balances, shares at Mar. 31, 2019	29,556,000					802,000
Net loss					(199)		(199)	(5)	(204)
Accrued dividend in OmniMetrix preferred shares								(20)	(20)
Stock option compensation			6				6		6
Rights offering, proceeds net of expenses	$ 100		2,106				2,206		2,206
Rights offering, proceeds net of expenses, shares	9,975,000
Shares granted in lieu of professional fees		[1]	18				18		18
Shares granted in lieu of professional fees, shares	60,000
Balances at Jun. 30, 2019	$ 396		102,484	1,118	(100,500)	$ (3,036)	462	39	501
Balances, shares at Jun. 30, 2019	39,591,000					802,000
Net loss					(121)		(121)		(121)
Accrued dividend in OmniMetrix preferred shares								(1)	(1)
Stock option compensation			7				7		7
Rights offering, proceeds net of expenses		[1]	(20)				(20)		(20)
Rights offering, proceeds net of expenses, shares
Purchase of non-controlling interest			(914)				(914)	(36)	(950)
Balances at Sep. 30, 2019	$ 396		$ 101,557	$ 1,118	$ (100,621)	$ (3,036)	$ (586)	$ 2	$ (584)
Balances, shares at Sep. 30, 2019	39,591,000					802,000
[1]	Less than $1

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows used in operating activities:
Net loss	$ (586)	$ (1,825)
Depreciation and amortization	56	49
Loss on sale of investment in DSIT, net of income taxes and transaction costs		607
Impairment of investment in DSIT		33
Share of income in DSIT		(33)
Stock-based compensation	19	21
Professional fees paid in common stock	18
Director fees paid in common stock		14
Change in operating assets and liabilities:
Decrease (increase) in accounts receivable	(96)	316
Increase in inventory	(97)	(96)
Decrease in deferred charges	113	120
Increase in other current assets and other assets	(26)	(131)
Increase in accounts payable and accrued expenses	(270)	(110)
Increase in deferred revenue	304	323
Decrease in amounts due to DSIT and directors	(323)	(1,418)
Decrease in other current liabilities and non-current liabilities	(45)	(133)
Net cash used in operating activities	(933)	(2,263)
Cash flows provided by investing activities:
Purchases of software	(60)
Purchase of non-controlling interest in Omnimetrix	(950)
Proceeds from the sale of interests in DSIT, net of transaction costs		4,971
Net cash provided by (used in) investing activities	(1,010)	4,971
Cash flows provided by (used in) financing activities:
Short-term credit, net	143	(114)
Proceeds from rights offering, net of expenses of $208	2,186
Repayment of director loans		(1,300)
Repayments of loans from DSIT		(340)
Net cash provided by (used in) financing activities	2,329	(1,754)
Net increase in cash, cash equivalents and restricted cash	386	941
Cash, cash equivalents and restricted cash at the beginning of the year	1,263	481
Cash, cash equivalents and restricted cash at the end of the period	1,649	1,422
Cash, cash equivalents and restricted cash consist of the following: End of period
Cash and cash equivalents	1,338	1,422
Restricted cash	311
Cash and cash equivalents End of period	1,649	1,422
Cash, cash equivalents and restricted cash consist of the following: Beginning of period
Cash and cash equivalents	973	481
Restricted cash	290
Cash and cash equivalents Beginning of period	1,263	481
Cash paid during the year for:
Interest	15	46
Non-cash investing and financing activities:
Purchase of equipment under installment agreement	7
Accrued preferred dividends to former Acorn director and CEO of OmniMetrix (see Note 3)	$ 41	$ 67

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 28, 2019	Sep. 30, 2019
Statement of Cash Flows [Abstract]
Offering costs	$ 208	$ 208

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	NOTE 1— BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of Acorn Energy, Inc. and its subsidiaries (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three and nine-month periods ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. All dollar amounts in the notes to the condensed consolidated financial statements are in thousands except for per share data. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018.

Recent Authoritative Guidance

Recent Authoritative Guidance	9 Months Ended
	Sep. 30, 2019
Accounting Changes and Error Corrections [Abstract]
Recent Authoritative Guidance	NOTE 2—RECENT AUTHORITATIVE GUIDANCE Recently Issued In June 2018, the FASB issued ASU 2018-07, which simplifies the accounting for nonemployee share-based payment transactions. The amendments specify that Topic 718 applies to all share-based payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor’s own operations by issuing share-based payment awards. The standard will be effective in the first quarter of fiscal year 2020, although early adoption is permitted (but no sooner than the adoption of Topic 606). The Company is currently evaluating the effect the adoption of this ASU will have on its consolidated financial statements. Other recently issued accounting updates are not expected to have a material impact on the Company’s consolidated financial statements. Recently Adopted In February 2016, the FASB issued ASU 2016-02, Leases, which is effective for fiscal years beginning as of December 15, 2018, and interim periods within those years with early adoption permitted. Under ASU 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee’s obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee’s right to use or control the use of a specified asset for the lease term. The Company adopted this standard on January 1, 2019 and applied the transition guidance as of the date of adoption, under the current period adjustment method. As a result, the Company recognized right-of-use assets and lease liabilities associated with its leases on January 1, 2019, with a cumulative-effect adjustment to the opening balance of accumulated deficit, while the comparable prior periods in its consolidated financial statements will continue to be reported in accordance with Topic 840, including the disclosures of Topic 840. The standard includes a number of optional practical expedients under the transaction guidance. The Company has elected the package of practical expedients which allows it to not reassess prior conclusions about lease identification, lease classification, and initial direct costs. The Company also made accounting policy elections by class of underlying asset to not apply the recognition requirements of the standard to leases with terms of 12 months or less and to not separate non-lease components from lease components. Consequently, each separate lease component and the non-lease components associated with that lease component will be accounted for as a single lease component for lease classification, recognition, and measurement purposes. Upon adoption of the standard, the Company recognized a lease obligation liability of $44 recorded in other current liabilities, and a right-of-use asset of $44 recorded in property and equipment, net. An adjustment of $26 was made to reduce the right-of-use asset and deferred rent to reflect the impact of the retrospective approach on adopting this guidance. The lease obligation liability was $25 as of September 30, 2019 which includes the original lease as well as a new lease entered in to during the quarter.

Investment in Omnimetrix

Investment in Omnimetrix	9 Months Ended
	Sep. 30, 2019
Schedule of Investments [Abstract]
Investment in Omnimetrix	NOTE 3—INVESTMENT IN OMNIMETRIX In 2015, one of the Company’s then-current directors (the “Investor”) acquired a 20% interest in the Company’s OMX Holdings, Inc. subsidiary (“Holdings”) through the purchase of $1,000 of OmniMetrix Preferred Stock (“Preferred Stock”). Holdings is the holder of 100% of the membership interests of OmniMetrix, LLC through which the Company operates its Power Generation and Cathodic Protection monitoring activities. The $1,000 investment by the Investor was recorded as an increase in non-controlling interests. A dividend of 10% per annum accrued on the Preferred Stock. The dividend was payable on the first anniversary of the funding of the investment and quarterly thereafter for so long as the Preferred Stock was outstanding and had not been converted to Common Stock. Through December 31, 2016, a dividend payable of $115 was recorded with respect to the Preferred Stock. On December 31, 2016, the Investor agreed to treat the $115 of accrued dividends and all subsequent accrued and unpaid dividends as a loan to Holdings which bore interest at 8% per year. In December 2016, the Investor provided Holdings with an additional $50 loan under the same terms as the abovementioned accrued dividends. On May 14, 2018, Holdings and the Investor entered into an agreement whereby effective May 1, 2018, the dividend on the Preferred Stock was reduced to 8%. In addition, all the amounts due to the Investor (accrued dividends, loan and accrued interest) and all future dividends that would accrue on the Preferred Stock through September 30, 2020, were to be paid by Holdings pursuant to an agreed-upon payment schedule which was scheduled to end on June 30, 2020. During the six months ended June 30, 2019, the Company accrued $40 for quarterly dividends in the aggregate. At June 30, 2019, the obligation to the Investor was $323, representing unpaid accrued dividends. On July 1, 2019, in accordance with terms established in 2015 at the time of the original investment, the Company repurchased from the Investor the shares of Preferred Stock then held by the Investor for a purchase price of $1,273 in cash (which included the $323 of unpaid accrued dividends through June 30, 2019). The repurchase raised the Company’s ownership in Holdings from 80% to 99%, with the remaining 1% owned by the CEO of OmniMetrix, LLC.

Debt

Debt	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Debt	NOTE 4—DEBT In March 2019, OmniMetrix reinstated its Loan and Security Agreement providing OmniMetrix with access to accounts receivable formula-based financing of the lesser of 75% of eligible receivables or $1,000. Debt incurred under this financing arrangement bears interest at the greater of 6% and prime (5.0% at September 30, 2019) plus 1.5% per year. In addition, OmniMetrix is to pay a monthly service charge of 0.75% of the average aggregate principal amount outstanding for the prior month, for an effective rate of interest on advances of 15.5% during the nine months ended September 30, 2019. OmniMetrix also agreed to continue to maintain a minimum loan balance of $150 in its line-of-credit with the lender for a minimum of two years beginning March 1, 2019. From time to time, the balance outstanding may fall below $150 based on collections applied against the loan balance and the timing of loan draws. The monthly service charge and interest is calculated on the greater of the outstanding balance or $150. Interest expense for the three months ended September 30, 2019 and 2018 was $6 and $6, respectively. Interest expense for the nine months ended September 30, 2019 and 2018 was $15 and $46, respectively. OmniMetrix had an outstanding balance of $143 at September 30, 2019, pursuant to the Loan and Security Agreement and $251 was available to borrow.

Equity

Equity	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Equity	NOTE 5—EQUITY (a) Rights Offering On June 28, 2019, the Company completed a rights offering, raising $2,186 in proceeds, net of $208 in expenses. Pursuant to the rights offering, Acorn securityholders and parties to a backstop agreement purchased 9,975,553 shares of Acorn common stock for $0.24 per share. Under the terms of the rights offering, each right entitled securityholders as of June 3, 2019, the record date for the rights offering, to purchase 0.312 shares of Acorn common stock at a subscription price of $0.24 per whole share. No fractional shares were issued. The closing price of Acorn’s common stock on the record date of the rights offering was $0.2925. Distribution of the rights commenced on June 6, 2019 and were exercisable through June 24, 2019. In connection with the rights offering, Acorn entered into a backstop agreement with certain of its directors and Leap Tide Capital Management LLC, the sole manager of which is Acorn’s President and CEO, pursuant to which they agreed to purchase from Acorn any and all unsubscribed shares of common stock in the rights offering, subject to the terms, conditions and limitations of the backstop agreement. The backstop purchasers did not receive any compensation or other consideration for entering into or consummating the backstop agreement. See Note 3 for further discussion. On July 1, 2019, the Company utilized a portion of the rights offering proceeds to complete the planned reacquisition of a 19% interest in its OMX Holdings, Inc. subsidiary (“Holdings”) for $1,273. Holdings owns 100% of the membership interests of OmniMetrix, LLC. The purchase price was based on terms established in November 2015 at the time of the original investment. The purchase raised Acorn’s ownership in Holdings from 80% to 99%, with the remaining 1% owned by the CEO of OmniMetrix, LLC. The balance of the rights offering net proceeds provides OmniMetrix with additional sales and marketing resources to facilitate expansion into additional geographic markets and new product applications, to support next-generation product development and for general working capital purposes. (b) Summary Employee Option Information At September 30, 2019, 1,383,614 options were available for grant under the 2006 Amended and Restated Stock Incentive Plan and no options were available for grant under the 2006 Director Plan. During the nine months ended September 30, 2019, 30,000 options were granted to directors, 60,000 to officers and 137,500 to employees. The fair value of the options issued was $52. No options were exercised in the nine months ended September 30, 2019. The intrinsic value of options outstanding and of options exercisable at September 30, 2019 was $14 and $21, respectively. A summary of stock option activity for the nine months ended September 30, 2019 is as follows: Number of Options (in shares) Weighted Average Exercise Price Per Weighted Aggregate Outstanding at December 31, 2018 1,466,489 $ 3.01 1.88 years $ 13 Granted 227,500 0.31 Exercised — Forfeited or expired (192,334 ) 7.28 Outstanding at September 30, 2019 1,501,655 $ 2.05 2.0 years $ 14 Exercisable at September 30, 2019 1,282,321 $ 2.35 1.3 years $ 14 The fair value of the options granted of $58 was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions: Risk-free interest rate 2.3 % Expected term of options 4.7 years Expected annual volatility 119 % Expected dividend yield — % (c) Stock-based Compensation Expense Stock-based compensation expense included in selling, general and administrative expenses in the Company’s unaudited condensed consolidated statements of operations was $6 and $11 for the three-month periods ended September 30, 2019 and 2018, respectively, and $19 and $18 for the nine-month periods ended September 30, 2019 and 2018, respectively. The total compensation cost related to non-vested awards not yet recognized was $49 as of September 30, 2019. (d) Warrants The Company previously issued warrants at exercise prices equal to or greater than market value of the Company’s common stock at the date of issuance. A summary of warrant activity follows: Number of Warrants (in shares) Weighted Weighted Outstanding at December 31, 2018 2,392,142 $ 1.28 1.3 years Granted — — Exercised — — Forfeited or expired — — Outstanding at September 30, 2019 2,392,142 $ 1.28 .6 years (e) Shares granted in lieu of professional fees Pursuant to a contractual agreement, 60,000 shares of common stock were issued on May 31, 2019 to the Company’s investor relations consultants for professional fees rendered. The shares were valued at the market price at the time of issuance of approximately $18 in the aggregate.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Segment Reporting	NOTE 6— SEGMENT REPORTING As of September 30, 2019, the Company operates in two reportable operating segments, both of which are performed through the Company’s OmniMetrix subsidiary: ● The PG (Power Generation) segment provides wireless remote monitoring and control systems and services for critical assets as well as Internet of Things applications. ● The CP (Cathodic Protection) segment provides for remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies. The Company’s reportable segments are strategic business units, offering different products and services and are managed separately as each business requires different technology and marketing strategies. The following tables represent segmented data for the nine- and three-month periods ended September 30, 2019 and September 30, 2018: PG CP Total Nine months ended September 30, 2019: Revenues from external customers $ 3,143 $ 947 $ 4,090 Segment gross profit 2,206 438 2,644 Depreciation and amortization 43 13 56 Segment income(loss) before income taxes $ 231 $ (160 ) $ 71 Nine months ended September 30, 2018: Revenues from external customers $ 2,698 $ 1,078 $ 3,776 Segment gross profit 1,847 465 2,312 Depreciation and amortization 35 14 49 Segment income (loss) before income taxes $ 47 $ (235 ) $ (188 ) Three months ended September 30, 2019: Revenues from external customers $ 1,090 $ 296 $ 1,386 Segment gross profit 772 150 922 Depreciation and amortization 18 4 22 Segment income (loss) before income taxes $ 126 $ (26 ) $ 100 Three months ended September 30, 2018: Revenues from external customers $ 931 $ 406 $ 1,337 Segment gross profit 666 165 831 Depreciation and amortization 11 5 16 Segment income (loss) before income taxes $ 86 $ (80 ) $ 6 The gross profit of the PG segment during the nine months ended September 30, 2019 included a $29 accrual, which unfavorably impacted gross margin by approximately 1%. The accrual was for an estimated payment of approximately $29 related to a long-term purchase commitment of what is now discontinued technology that has been replaced with upgraded technology. This adjustment is recorded in cost of sales – other. The Company does not currently break out total assets by reportable segment as there is a high level of shared utilization between the segments. Further, the Chief Decision Maker (CDM) does not review the assets by segment. Reconciliation of Segment Loss to Consolidated Net Loss Before Income Taxes Nine months ended Three months ended 2019 2018 2019 2018 Total net income (loss) before income taxes for reportable segments $ 71 $ (188 ) $ 100 $ 6 Unallocated cost of corporate headquarters (657 ) (1,030 ) (221 ) (233 ) Consolidated loss before income taxes $ (586 ) $ (1,218 ) $ (121 ) $ (227 )

Revenue

Revenue	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue	NOTE 7—REVENUE The following table disaggregates the Company’s revenue for the nine- and three-month periods ended September 30, 2019 and 2018: Hardware Monitoring Total Nine months ended September 30, 2019: PG Segment $ 906 $ 2,237 $ 3,143 CP Segment 767 180 947 Total Revenue $ 1,673 $ 2,417 $ 4,090 Hardware Monitoring Total Nine months ended September 30, 2018: PG Segment $ 860 $ 1,838 $ 2,698 CP Segment 926 152 1,078 Total Revenue $ 1,786 $ 1,990 $ 3,776 Hardware Monitoring Total Three months ended September 30, 2019: PG Segment $ 305 $ 785 $ 1,090 CP Segment 234 62 296 Total Revenue $ 539 $ 847 $ 1,386 Hardware Monitoring Total Three months ended September 30, 2018: PG Segment $ 292 $ 639 $ 931 CP Segment 354 52 406 Total Revenue $ 646 $ 691 $ 1,337 Deferred revenue activity for the nine months ended September 30, 2019 can be seen in the table below: Hardware Monitoring Total Balance at December 31, 2018 $ 2,432 $ 1,629 $ 4,061 Additions during the period 1,396 2,651 4,047 Recognized as revenue (1,326 ) (2,417 ) (3,743 ) Balance at September 30, 2019 $ 2,502 $ 1,863 $ 4,365 Amounts to be recognized as revenue in the year ending: September 30, 2020 $ 1,231 $ 1,650 $ 2,881 September 30, 2021 974 209 1,183 September 30, 2022 and thereafter 297 4 301 $ 2,502 $ 1,863 $ 4,365 Other revenue of approximately $347 is related to accessories, repairs, and other miscellaneous charges that are recognized to revenue when sold and are not deferred. Deferred charges relate only to the sale of equipment. Deferred charges activity for the nine months ended September 30, 2019 can be seen in the table below: Balance at December 31, 2018 $ 1,438 Additions during the period 727 Recognized as cost of sales (777 ) Balance at September 30, 2019 $ 1,388 Amounts to be recognized as cost of sales in the year ending: September 30, 2020 $ 690 September 30, 2021 543 * September 30, 2022 and thereafter 155 * $ 1,388 * Amounts included in other assets in the Company’s unaudited condensed consolidated balance sheets at September 30, 2019. The following table provides a reconciliation of the Company’s sales commissions contract assets for the nine-month period ended September 30, 2019: Hardware Monitoring Total Balance at December 31, 2018 $ 107 $ 36 $ 143 Additions during the period 53 14 67 Amortization of sales commissions (60 ) (12 ) (72 ) Balance at September 30, 2019 $ 100 $ 38 $ 138 The capitalized sales commissions are included in other current assets ($71) and other assets ($67) in the Company’s unaudited condensed consolidated balance sheets at September 30, 2019. The capitalized sales commissions are included in other current assets ($76) and other assets ($67) in the Company’s consolidated balance sheets at December 31, 2018.

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Summary of Stock Option Activity	A summary of stock option activity for the nine months ended September 30, 2019 is as follows: Number of Options (in shares) Weighted Average Exercise Price Per Weighted Aggregate Outstanding at December 31, 2018 1,466,489 $ 3.01 1.88 years $ 13 Granted 227,500 0.31 Exercised — Forfeited or expired (192,334 ) 7.28 Outstanding at September 30, 2019 1,501,655 $ 2.05 2.0 years $ 14 Exercisable at September 30, 2019 1,282,321 $ 2.35 1.3 years $ 14
Schedule of Stock Options Fair Value Assumptions Estimated Using Black-Scholes Pricing Model	The fair value of the options granted of $58 was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions: Risk-free interest rate 2.3 % Expected term of options 4.7 years Expected annual volatility 119 % Expected dividend yield — %
Summary of Warrant Activity	The Company previously issued warrants at exercise prices equal to or greater than market value of the Company’s common stock at the date of issuance. A summary of warrant activity follows: Number of Warrants (in shares) Weighted Weighted Outstanding at December 31, 2018 2,392,142 $ 1.28 1.3 years Granted — — Exercised — — Forfeited or expired — — Outstanding at September 30, 2019 2,392,142 $ 1.28 .6 years

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Summary of Segmented Data	The following tables represent segmented data for the nine- and three-month periods ended September 30, 2019 and September 30, 2018: PG CP Total Nine months ended September 30, 2019: Revenues from external customers $ 3,143 $ 947 $ 4,090 Segment gross profit 2,206 438 2,644 Depreciation and amortization 43 13 56 Segment income(loss) before income taxes $ 231 $ (160 ) $ 71 Nine months ended September 30, 2018: Revenues from external customers $ 2,698 $ 1,078 $ 3,776 Segment gross profit 1,847 465 2,312 Depreciation and amortization 35 14 49 Segment income (loss) before income taxes $ 47 $ (235 ) $ (188 ) Three months ended September 30, 2019: Revenues from external customers $ 1,090 $ 296 $ 1,386 Segment gross profit 772 150 922 Depreciation and amortization 18 4 22 Segment income (loss) before income taxes $ 126 $ (26 ) $ 100 Three months ended September 30, 2018: Revenues from external customers $ 931 $ 406 $ 1,337 Segment gross profit 666 165 831 Depreciation and amortization 11 5 16 Segment income (loss) before income taxes $ 86 $ (80 ) $ 6
Schedule of Reconciliation of Segment Data to Consolidated Net Loss Before Income Taxes	Reconciliation of Segment Loss to Consolidated Net Loss Before Income Taxes Nine months ended Three months ended 2019 2018 2019 2018 Total net income (loss) before income taxes for reportable segments $ 71 $ (188 ) $ 100 $ 6 Unallocated cost of corporate headquarters (657 ) (1,030 ) (221 ) (233 ) Consolidated loss before income taxes $ (586 ) $ (1,218 ) $ (121 ) $ (227 )

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregates of Revenue	The following table disaggregates the Company’s revenue for the nine- and three-month periods ended September 30, 2019 and 2018: Hardware Monitoring Total Nine months ended September 30, 2019: PG Segment $ 906 $ 2,237 $ 3,143 CP Segment 767 180 947 Total Revenue $ 1,673 $ 2,417 $ 4,090 Hardware Monitoring Total Nine months ended September 30, 2018: PG Segment $ 860 $ 1,838 $ 2,698 CP Segment 926 152 1,078 Total Revenue $ 1,786 $ 1,990 $ 3,776 Hardware Monitoring Total Three months ended September 30, 2019: PG Segment $ 305 $ 785 $ 1,090 CP Segment 234 62 296 Total Revenue $ 539 $ 847 $ 1,386 Hardware Monitoring Total Three months ended September 30, 2018: PG Segment $ 292 $ 639 $ 931 CP Segment 354 52 406 Total Revenue $ 646 $ 691 $ 1,337
Schedule of Deferred Revenue Activity	Deferred revenue activity for the nine months ended September 30, 2019 can be seen in the table below: Hardware Monitoring Total Balance at December 31, 2018 $ 2,432 $ 1,629 $ 4,061 Additions during the period 1,396 2,651 4,047 Recognized as revenue (1,326 ) (2,417 ) (3,743 ) Balance at September 30, 2019 $ 2,502 $ 1,863 $ 4,365 Amounts to be recognized as revenue in the year ending: September 30, 2020 $ 1,231 $ 1,650 $ 2,881 September 30, 2021 974 209 1,183 September 30, 2022 and thereafter 297 4 301 $ 2,502 $ 1,863 $ 4,365
Schedule of Deferred Charges Activity	Deferred charges relate only to the sale of equipment. Deferred charges activity for the nine months ended September 30, 2019 can be seen in the table below: Balance at December 31, 2018 $ 1,438 Additions during the period 727 Recognized as cost of sales (777 ) Balance at September 30, 2019 $ 1,388 Amounts to be recognized as cost of sales in the year ending: September 30, 2020 $ 690 September 30, 2021 543 * September 30, 2022 and thereafter 155 * $ 1,388 * Amounts included in other assets in the Company’s unaudited condensed consolidated balance sheets at September 30, 2019.
Schedule of Sales Commissions Contract Assets	The following table provides a reconciliation of the Company’s sales commissions contract assets for the nine-month period ended September 30, 2019: Hardware Monitoring Total Balance at December 31, 2018 $ 107 $ 36 $ 143 Additions during the period 53 14 67 Amortization of sales commissions (60 ) (12 ) (72 ) Balance at September 30, 2019 $ 100 $ 38 $ 138

Recent Authoritative Guidance (

Recent Authoritative Guidance (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 02, 2019
Accounting Changes and Error Corrections [Abstract]
Lease obligation liability	$ 25	$ 44
Right-of-use asset		44
Adjustment amount to reduce right-of-asset and deferred rent		$ 26

Investment in Omnimetrix (Detai

Investment in Omnimetrix (Details Narrative) - USD ($) $ in Thousands	Jul. 02, 2019	May 14, 2018	Dec. 31, 2015	Sep. 30, 2019	Dec. 31, 2016
Payments to repurchase of preferred stock	$ 1,273
Unpaid dividend payment	$ 323
OmniMetrix, LLC [Member]
Equity ownership percentage	99.00%			80.00%
CEO [Member] | OmniMetrix, LLC [Member]
Equity ownership percentage	1.00%
Omni Metrix Holdings, Inc. [Member]
Percentage acquired by one of the company's directors			20.00%
Purchase of Omni Metrix preferred stock			$ 1,000
Percentage of ownership in Omni Metrix, LLC			100.00%
Loan bear interest rate					8.00%
Loan amount					$ 50
Preferred stock, dividend rate		8.00%
Accrued dividend payable date		Sep. 30, 2020
Agreed payment scheduled date by holdings		Jun. 30, 2020
Accrued quarterly dividends				$ 40
Due to officers				$ 323
Omni Metrix Holdings, Inc. [Member] | Preferred Stock [Member]
Percentage of dividends accrued annum				10.00%
Dividend payable					115
Dividend payable, treated as a loan					$ 115
Omni Metrix Holdings, Inc. [Member] | Investor [Member]
Investment				$ 1,000

Debt (Details Narrative)

Debt (Details Narrative) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Interest expense	$ 6		$ 6	$ 15	$ 46
Outstanding balance	143			143
Available to borrow amount	$ 251			$ 251
Omni Metrix [Member] | Loan and Security Agreement [Member]
Percentage of all eligible invoices		75.00%
Maximum financing of account receivable formula-based agreement		$ 1,000
Debt interest rate description		The greater of 6% and prime (5.0% at September 30, 2019)
Percentage of monthly service charge		0.75%
Debt effective interest rate	15.50%			15.50%
Minimum loan balance	$ 150			$ 150
Debt description		OmniMetrix also agreed to continue to maintain a minimum loan balance of $150 in its line-of-credit with the lender for a minimum of two years beginning March 1, 2019. From time to time, the balance outstanding may fall below $150 based on collections applied against the loan balance and the timing of loan draws. The monthly service charge and interest is calculated on the greater of the outstanding balance or $150.
Omni Metrix [Member] | Loan and Security Agreement [Member] | Prime Rate [Member]
Variable Interest Rate		5.00%

Equity (Details Narrative)

Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Jul. 02, 2019	Jun. 28, 2019	Jun. 03, 2019	May 31, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Proceeds from right offering		$ 2,186					$ 2,186
Offering cost during period		$ 208					$ 208
Distribution of rights commenced description			Distribution of the rights commenced on June 6, 2019 and were exercisable through June 24, 2019
Number of options granted during period							227,500
Number of options granted during period, fair value							$ 52
Intrinsic value of options outstanding					$ 14		14		$ 13
Intrinsic value of options exercisable					14		14
Stock based compensation expense					6	$ 11	19	$ 21
Compensation cost, non-vested awards not yet recognized					$ 49		$ 49
Shares granted in lieu of professional fees, shares				60,000
Shares granted in lieu of professional fees				$ 18
Director [Member]
Number of options granted during period							30,000
Officer [Member]
Number of options granted during period							60,000
2006 Amended and Restated Stock Incentive Plan [Member]
Number of options available for grant					1,383,614		1,383,614
2006 Director Plan [Member]
Number of options available for grant
Employees [Member]
Number of options granted during period							137,500
OMXHoldings, Inc [Member]
Proceeds from right offering	$ 1,273
Business acquisition interest rate percentage	19.00%
Equity ownership percentage	99.00%				80.00%		80.00%
OmniMetrix, LLC [Member]
Equity ownership percentage	99.00%				80.00%		80.00%
OmniMetrix, LLC [Member] | CEO [Member]
Equity ownership percentage	1.00%
Securityholders and Parties [Member]
Purchase of common stock during period			0.312
Common stock purchase price			$ 0.24
Closing price of rights offering price per share			$ 0.2925
Securityholders and Parties [Member] | Backstop Agreement [Member]
Purchase of common stock during period		9,975,553
Common stock purchase price		$ 0.24

Equity - Summary of Stock Optio

Equity - Summary of Stock Option Activity (Details) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)$ / sharesshares
Equity [Abstract]
Number of Options (in shares), Outstanding at beginning balance | shares	1,466,489
Number of Options (in shares), Granted | shares	227,500
Number of Options (in shares), Exercised | shares
Number of Options (in shares), Forfeited or Expired | shares	(192,334)
Number of Options (in shares), Outstanding at end balance | shares	1,501,655
Number of Options (in shares), Exercisable at end of period | shares	1,282,321
Weighted Average Exercise Price Per Share, Outstanding at beginning balance | $ / shares	$ 3.01
Weighted Average Exercise Price Per Share, Granted | $ / shares	0.31
Weighted Average Exercise Price Per Share, Exercised | $ / shares
Weighted Average Exercise Price Per Share, Forfeited or Expired | $ / shares	7.28
Weighted Average Exercise Price Per Share, Outstanding at end balance | $ / shares	2.05
Weighted Average Exercise Price Per Share, Exercisable at end of period | $ / shares	$ 2.35
Weighted Average Remaining Contractual Life, Outstanding	1 year 10 months 17 days
Weighted Average Remaining Contractual Life, Outstanding	2 years
Weighted Average Remaining Contractual Life, Exercisable	1 year 3 months 19 days
Aggregate Intrinsic Value, Outstanding at beginning balance | $	$ 13
Aggregate Intrinsic Value, Outstanding at end balance | $	14
Aggregate Intrinsic Value, Exercisable | $	$ 14

Equity - Schedule of Stock Opti

Equity - Schedule of Stock Options Fair Value Assumptions Estimated Using Black-Scholes Pricing Model (Details)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Risk-free interest rate	2.30%
Expected term of options	4 years 8 months 12 days
Expected annual volatility	119.00%
Expected dividend yield	0.00%

Equity - Summary of Warrant Act

Equity - Summary of Warrant Activity (Details) - Warrants [Member]	9 Months Ended
	Sep. 30, 2019$ / sharesshares
Number of Warrants (in Shares), Outstanding at beginning balance | shares	2,392,142
Number of Warrants (in Shares), Granted | shares
Number of Warrants (in Shares), Exercised | shares
Number of Warrants (in Shares), Forfeited or Expired | shares
Number of Warrants (in Shares), Outstanding at end balance | shares	2,392,142
Weighted Average Exercise Price Per Share, Outstanding at beginning balance | $ / shares	$ 1.28
Weighted Average Exercise Price Per Share, Granted | $ / shares
Weighted Average Exercise Price Per Share, Exercised | $ / shares
Weighted Average Exercise Price Per Share, Forfeited or Expired | $ / shares
Weighted Average Exercise Price Per Share, Outstanding at end balance | $ / shares	$ 1.28
Weighted Average Remaining Contractual Life, Outstanding	1 year 3 months 19 days
Weighted Average Remaining Contractual Life, Outstanding	7 months 6 days

Segment Reporting (Details Narr

Segment Reporting (Details Narrative) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)Segments
Segment Reporting Information [Line Items]
Number of reportable segments | Segments	2
PG [Member]
Segment Reporting Information [Line Items]
Accrual	$ 29
Unfavorable impact on gross margin, percentage	1.00%
Payment for long-term purchase commitment	$ 29

Segment Reporting - Summary of

Segment Reporting - Summary of Segmented Data (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Revenue from external customers	$ 1,386	$ 1,337	$ 4,090	$ 3,776
Segment gross profit	922	831	2,644	2,312
Omni Metrix Holdings, Inc. [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	1,386	1,337	4,090	3,776
Segment gross profit	922	831	2,644	2,312
Depreciation and amortization	22	16	56	49
Segment income (loss) before income taxes	100	6	71	(188)
PG [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	1,090	931	3,143	2,698
Segment gross profit	772	666	2,206	1,847
Depreciation and amortization	18	11	43	35
Segment income (loss) before income taxes	126	86	231	47
CP [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	296	406	947	1,078
Segment gross profit	150	165	438	465
Depreciation and amortization	4	5	13	14
Segment income (loss) before income taxes	$ (26)	$ (80)	$ (160)	$ (235)

Segment Reporting - Schedule of

Segment Reporting - Schedule of Reconciliation of Segment Data to Consolidated Net Loss Before Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting [Abstract]
Total net income (loss) before income taxes for reportable segments	$ 100	$ 6	$ 71	$ (188)
Unallocated cost of corporate headquarters	(221)	(233)	(657)	(1,030)
Consolidated loss before income taxes	$ (121)	$ (227)	$ (586)	$ (1,218)

Revenue (Details Narrative)

Revenue (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Revenue	$ 1,386	$ 1,337	$ 4,090	$ 3,776
Other current assets	132		132		$ 144
Capitalized Sales Commissions [Member]
Other current assets	71		71		76
Other assets	$ 67		67		$ 67
Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges [Member]
Revenue			$ 347

Revenue - Schedule of Disaggreg

Revenue - Schedule of Disaggregates of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue	$ 1,386	$ 1,337	$ 4,090	$ 3,776
PG [Member]
Revenue	1,090	931	3,143	2,698
CP [Member]
Revenue	296	406	947	1,078
Hardware [Member]
Revenue	539	646	1,673	1,786
Hardware [Member] | PG [Member]
Revenue	305	292	906	860
Hardware [Member] | CP [Member]
Revenue	234	354	767	926
Monitoring [Member]
Revenue	847	691	2,417	1,990
Monitoring [Member] | PG [Member]
Revenue	785	639	2,237	1,838
Monitoring [Member] | CP [Member]
Revenue	$ 62	$ 52	$ 180	$ 152

Revenue - Schedule of Deferred

Revenue - Schedule of Deferred Revenue Activity (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Deferred revenue beginning balance	$ 4,061
Additions during the period	4,047
Recognized as revenue	(3,743)
Deferred revenue ending balance	4,365
September 30, 2020 [Member]
Recognized as revenue	2,881
September 30, 2021 [Member]
Recognized as revenue	1,183
September 30, 2022 and Thereafter [Member]
Recognized as revenue	301
Hardware [Member]
Deferred revenue beginning balance	2,432
Additions during the period	1,396
Recognized as revenue	(1,326)
Deferred revenue ending balance	2,502
Hardware [Member] | September 30, 2020 [Member]
Recognized as revenue	1,231
Hardware [Member] | September 30, 2021 [Member]
Recognized as revenue	974
Hardware [Member] | September 30, 2022 and Thereafter [Member]
Recognized as revenue	297
Monitoring [Member]
Deferred revenue beginning balance	1,629
Additions during the period	2,651
Recognized as revenue	(2,417)
Deferred revenue ending balance	1,863
Monitoring [Member] | September 30, 2020 [Member]
Recognized as revenue	1,650
Monitoring [Member] | September 30, 2021 [Member]
Recognized as revenue	209
Monitoring [Member] | September 30, 2022 and Thereafter [Member]
Recognized as revenue	$ 4

Revenue - Schedule of Deferre_2

Revenue - Schedule of Deferred Charges Activity (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Deferred charges beginning balance	$ 1,438
Additions during the period	727
Recognized as cost of sales	(777)
Deferred charges ending balance	1,388
September 30, 2020 [Member]
Recognized as cost of sales	690
September 30, 2021 [Member]
Recognized as cost of sales	543	[1]
September 30, 2022 and Thereafter [Member]
Recognized as cost of sales	$ 155	[1]
[1]	Amounts included in other assets in the Company's unaudited condensed consolidated balance sheets at September 30, 2019.

Revenue - Schedule of Sales Com

Revenue - Schedule of Sales Commissions Contract Assets (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Sales commissions contract assets beginning balance	$ 143
Additions during the period	67
Amortization of sales commissions	(72)
Sales commissions contract assets ending balance	138
Hardware [Member]
Sales commissions contract assets beginning balance	107
Additions during the period	53
Amortization of sales commissions	(60)
Sales commissions contract assets ending balance	100
Monitoring [Member]
Sales commissions contract assets beginning balance	36
Additions during the period	14
Amortization of sales commissions	(12)
Sales commissions contract assets ending balance	$ 38