Acorn Energy (ACFN) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Nov. 09, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-33886
Entity Registrant Name	ACORN ENERGY, INC.
Entity Central Index Key	0000880984
Entity Tax Identification Number	22-2786081
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1000 N West Street
Entity Address, Address Line Two	Suite 1200
Entity Address, City or Town	Wilmington
Entity Address, State or Province	DE
Entity Address, Postal Zip Code	19801
City Area Code	410
Local Phone Number	654-3315
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		39,712,589

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash	$ 1,124	$ 1,722
Accounts receivable, net	917	876
Inventory, net	903	617
Deferred cost of goods sold	862	799
Other current assets	258	229
Total current assets	4,064	4,243
Property and equipment, net	675	517
Right-of-use assets, net	324	399
Deferred cost of goods sold	809	714
Other assets	202	169
Total assets	6,074	6,042
Current liabilities:
Accounts payable	373	457
Accrued expenses	157	164
Deferred revenue	3,903	3,541
Current operating lease liabilities	114	107
Other current liabilities	57	34
Total current liabilities	4,604	4,303
Long-term liabilities:
Deferred revenue	2,150	1,852
Long-term operating lease liabilities	250	336
Other long-term liabilities	15	12
Total long-term liabilities	2,415	2,200
Commitments and contingencies (Note 5)
Acorn Energy, Inc. shareholders
Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; Issued – 39,712,589 shares at September 30, 2022 and 39,687,589 shares at December 31, 2021	397	397
Additional paid-in capital	102,878	102,804
Accumulated deficit	(101,190)	(100,634)
Treasury stock, at cost – 801,920 shares at September 30, 2022 and December 31, 2021	(3,036)	(3,036)
Total Acorn Energy, Inc. shareholders’ deficit	(951)	(469)
Non-controlling interests	6	8
Total deficit	(945)	(461)
Total liabilities and deficit	$ 6,074	$ 6,042

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
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	39,712,589	39,687,589
Treasury stock, shares	801,920	801,920

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Revenue	$ 1,783	$ 1,706	$ 5,155	$ 5,022
Cost of sales	568	464	1,436	1,348
Gross profit	1,215	1,242	3,719	3,674
Operating expenses:
Research and development expense	227	179	637	532
Selling, general and administrative expense	1,198	1,038	3,585	3,086
Impairment of software			51
Total operating expenses	1,425	1,217	4,273	3,618
Operating (loss) income	(210)	25	(554)	56
Finance expense, net			(1)	(5)
(Loss) income before income taxes	(210)	25	(555)	51
Income tax expense
Net (loss) income	(210)	25	(555)	51
Non-controlling interest share of net income		(2)	(1)	(6)
Net (loss) income attributable to Acorn Energy, Inc. shareholders	$ (210)	$ 23	$ (556)	$ 45
Basic and diluted net (loss) income per share attributable to Acorn Energy, Inc. shareholders:	$ (0.01)	$ 0	$ (0.01)	$ 0
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders – basic and diluted
Basic	39,700	39,687	39,692	39,687
Diluted	39,700	39,959	39,692	39,922

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Deficit (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]		Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Parent [Member]	Noncontrolling Interest [Member]
Beginning balance at Dec. 31, 2020	$ (519)	$ 397		$ 102,729	$ (100,613)	$ (3,036)	$ (523)	$ 4
Beginning balance, shares at Dec. 31, 2020		39,687,000				802,000
Net Income (Loss)	22				20		20	2
Accrued dividend in OmniMetrix preferred shares	(1)							(1)
Stock option compensation	15			15			15
Ending balance at Mar. 31, 2021	(483)	$ 397		102,744	(100,593)	$ (3,036)	(488)	5
Ending balance, shares at Mar. 31, 2021		39,687,000				802,000
Beginning balance at Dec. 31, 2020	(519)	$ 397		102,729	(100,613)	$ (3,036)	(523)	4
Beginning balance, shares at Dec. 31, 2020		39,687,000				802,000
Net Income (Loss)	51
Proceeds from stock option exercise
Ending balance at Sep. 30, 2021	(413)	$ 397		102,787	(100,568)	$ (3,036)	(420)	7
Ending balance, shares at Sep. 30, 2021		39,687,000				802,000
Beginning balance at Mar. 31, 2021	(483)	$ 397		102,744	(100,593)	$ (3,036)	(488)	5
Beginning balance, shares at Mar. 31, 2021		39,687,000				802,000
Net Income (Loss)	4				2		2	2
Accrued dividend in OmniMetrix preferred shares	(1)							(1)
Stock option compensation	21			21			21
Ending balance at Jun. 30, 2021	(459)	$ 397		102,765	(100,591)	$ (3,036)	(465)	6
Ending balance, shares at Jun. 30, 2021		39,687,000				802,000
Net Income (Loss)	25				23		23	2
Accrued dividend in OmniMetrix preferred shares	(1)							(1)
Stock option compensation	22			22			22
Ending balance at Sep. 30, 2021	(413)	$ 397		102,787	(100,568)	$ (3,036)	(420)	7
Ending balance, shares at Sep. 30, 2021		39,687,000				802,000
Beginning balance at Dec. 31, 2021	(461)	$ 397		102,804	(100,634)	$ (3,036)	(469)	8
Beginning balance, shares at Dec. 31, 2021		39,688,000				802,000
Net Income (Loss)	(122)				(123)		(123)	1
Accrued dividend in OmniMetrix preferred shares	(1)							(1)
Stock option compensation	31			31			31
Ending balance at Mar. 31, 2022	(553)	$ 397		102,835	(100,757)	$ (3,036)	(561)	8
Ending balance, shares at Mar. 31, 2022		39,688,000				802,000
Beginning balance at Dec. 31, 2021	(461)	$ 397		102,804	(100,634)	$ (3,036)	(469)	8
Beginning balance, shares at Dec. 31, 2021		39,688,000				802,000
Net Income (Loss)	(555)
Proceeds from stock option exercise	$ 5
Proceeds from stock option exercise, Shares	25,000
Ending balance at Sep. 30, 2022	$ (945)	$ 397		102,878	(101,190)	$ (3,036)	(951)	6
Ending balance, shares at Sep. 30, 2022		39,713,000				802,000
Beginning balance at Mar. 31, 2022	(553)	$ 397		102,835	(100,757)	$ (3,036)	(561)	8
Beginning balance, shares at Mar. 31, 2022		39,688,000				802,000
Net Income (Loss)	(223)				(223)		(223)		[1]
Accrued dividend in OmniMetrix preferred shares	(1)							(1)
Stock option compensation	22			22			22
Ending balance at Jun. 30, 2022	(755)	$ 397		102,857	(100,980)	$ (3,036)	(762)	7
Ending balance, shares at Jun. 30, 2022		39,688,000				802,000
Net Income (Loss)	(210)				(210)		(210)
Accrued dividend in OmniMetrix preferred shares	(1)							(1)
Stock option compensation	16			16			16
Proceeds from stock option exercise	5		[1]	5			5
Proceeds from stock option exercise, Shares		25,000
Ending balance at Sep. 30, 2022	$ (945)	$ 397		$ 102,878	$ (101,190)	$ (3,036)	$ (951)	$ 6
Ending balance, shares at Sep. 30, 2022		39,713,000				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, 2022	Sep. 30, 2021
Cash flows (used in) provided by operating activities:
Net (loss) income	$ (555)	$ 51
Depreciation and amortization	83	56
Impairment of software	51
Impairment of inventory	31
Non-cash lease expense	93	71
Stock-based compensation	69	58
Change in operating assets and liabilities:
Increase in accounts receivable	(41)	(184)
Increase in inventory	(317)	(241)
Increase in deferred cost of goods sold	(158)	(137)
Increase in other current assets and other assets	(62)	(48)
Increase (decrease) in accounts payable and accrued expenses	(91)	212
Increase in deferred revenue	660	557
Decrease in operating lease liability	(97)	(71)
Increase (decrease) in other current liabilities and non-current liabilities	23	(1)
Net cash (used in) provided by operating activities	(311)	323
Cash flows used in investing activities:
Investments in technology	(286)	(214)
Other capital investments	(6)	(7)
Net cash used in investing activities	(292)	(221)
Cash flows provided by (used in) financing activities:
Short-term credit, net		(149)
Stock option exercise proceeds	5
Net cash provided by (used in) financing activities	5	(149)
Net decrease in cash	(598)	(47)
Cash at the beginning of the year	1,722	2,063
Cash at the end of the period	1,124	2,016
Cash paid during the year for:
Interest	1	5
Non-cash investing and financing activities:
Accrued preferred dividends to former Acorn director and/or former OmniMetrix CEO	$ 3	$ 3

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	NOTE 1— BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of Acorn Energy, Inc. and its subsidiaries, OmniMetrix, LLC and OMX Holdings, Inc. (collectively, “Acorn” or “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 nine- and three-month periods ended September 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. All dollar amounts are rounded to the nearest thousand and, thus, are approximate. 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, 2021, filed with the Securities and Exchange Commission on March 31, 2022.

ACCOUNTING POLICIES

ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
ACCOUNTING POLICIES	NOTE 2— ACCOUNTING POLICIES Use of Estimates in Preparation of Financial Statements The preparation of unaudited condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the unaudited condensed unaudited consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. As applicable to these unaudited condensed consolidated financial statements, the most significant estimates and assumptions relate to uncertainties with respect to income taxes, inventories, account receivable allowances, contingencies, revenue recognition, management’s projections and analyses of the possible impairments. Concentrations of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and trade accounts receivable. The Company’s cash was deposited with a U.S. bank and amounted to $ 1,124,000 at September 30, 2022. The Company does not believe there is significant risk of non-performance by these counterparties. For the three-month period ended September 30, 2022, there was one customer that represented 22% of total invoice sales. For the nine-month period ended September 30, 2022, the Company did not have any customers that represented greater than 10% of the Company’s total invoiced sales. One customer represented 39 % of the Company’s accounts receivable at September 30, 2022. This was due to a large volume of equipment purchases from one commercial/industrial customer during the month of September. Credit risk with respect to the balance of trade receivables is generally diversified due to the number of entities comprising the Company’s customer base. Basic and Diluted Net (Loss) Income Per Share Basic net (loss) income per share is computed by dividing the net (loss) income attributable to Acorn Energy, Inc. by the weighted average number of shares outstanding during the year, excluding treasury stock. Diluted net (loss) income per share is computed by dividing the net (loss) income by the weighted average number of shares outstanding plus the dilutive potential of common shares which would result from the exercise of stock options and warrants. The dilutive effects of stock options and warrants are excluded from the computation of diluted net (loss) income per share if doing so would be antidilutive. For both the nine- and three-month periods ending September 30, 2022, the number of options that were excluded from the computation of diluted net loss, as they had an antidilutive effect, was 954,000 0.42 35,000 0.13 291,000 0.56 181,000 0.66 The following data represents the amounts used in computing EPS and the effect on net income (loss) and the weighted average number of shares of dilutive potential common stock (in thousands): SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES 2022 2021 2022 2021 Nine months ended Three months ended 2022 2021 2022 2021 Net income (loss) available to common stockholders $ (556 ) $ 45 $ (210 ) $ 23 Weighted average share outstanding: Basic 39,692 39,687 39,700 39,687 Add: Warrants — 28 — 28 Add: Stock options — 207 — 244 Diluted 39,692 39,922 39,700 39,959 Basic and diluted net (loss) income per share $ (0.01 ) $ 0.00 $ (0.01 ) $ 0.00 Recently Issued Accounting Standards There have been no recent accounting standards or changes in accounting standards during the nine- and three-month periods ended September 30, 2022, that are of material significance, or have potential material significance, to the Company.

LIQUIDITY

LIQUIDITY	9 Months Ended
	Sep. 30, 2022
Liquidity
LIQUIDITY	NOTE 3— LIQUIDITY At September 30, 2022, the Company had negative working capital of $ 540,000 1,124,000 3,903,000 598,000 311,000 292,000 5,000 During the first nine months of 2022, the Company’s OmniMetrix, LLC subsidiary provided $ 516,000 827,000 As of November 8, 2022, the Company had cash of $ 967,000 1,334,000

LEASES

LEASES	9 Months Ended
	Sep. 30, 2022
Leases
LEASES	NOTE 4— LEASES OmniMetrix leases office space and office equipment under operating lease agreements. The office lease expires on September 30, 2025 The office equipment lease commenced in April 2019 and has a sixty-month term 93,000 90,000 31,000 30,000 4.5% 364,000 Supplemental cash flow information related to leases consisted of the following (in thousands): SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES September 30, 2022 2021 Cash paid for operating lease liabilities $ 93 $ 90 Supplemental balance sheet information related to leases consisted of the following: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES 2022 Weighted average remaining lease terms for operating leases 2.98 The table below reconciles the undiscounted future minimum lease payments under non-cancelable lease agreements having initial terms in excess of one year to the total operating lease liabilities recognized on the unaudited condensed consolidated balance sheet as of September 30, 2022 (in thousands): SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Twelve-month period ended September 30, 2023 $ 127 2024 129 2025 132 Total undiscounted cash flows 388 Less: Imputed interest (24 ) Present value of operating lease liabilities (a) (a) $ 364 (a) Includes current portion of $ 114,000 On July 6, 2021, the Company entered into an agreement with King Industrial Realty, Inc., to sublease from the Company 1,900 21,000 2,375 7,000 6,700

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 5— COMMITMENTS AND CONTINGENCIES On August 19, 2019, OmniMetrix entered into an agreement with a software development partner to create and license to OmniMetrix a new software platform and application. Pursuant to this agreement, OmniMetrix paid this partner equal monthly payments over the first seven months of the term of the agreement equal to $ 200,000 OmniMetrix will also pay the partner (i) a per-sensor monitoring fee for each sensor connected to the developed technology, or (ii) a percentage of any revenue received above a specified amount per sensor monitored per month in gas applications only. Commencing on January 1, 2021, OmniMetrix paid the partner a quarterly licensing fee of $ 12,500 4,450 1,500 In addition to the above, the Company has $ 388,000 20,000 786,000

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
EQUITY	NOTE 6— EQUITY (a) General At September 30, 2022 the Company had issued and outstanding 39,712,589 0.01 The Company is not authorized to issue preferred stock. Accordingly, no preferred stock is issued or outstanding. (b) Summary Employee Option Information The Company’s stock option plans provide for the grant to officers, directors and employees of options to purchase shares of common stock. The purchase price may be paid in cash or, if the option is “in-the-money” at the end of the option term, it is automatically exercised “net”. In a net exercise of an option, the Company does not require a payment of the exercise price of the option from the optionee but reduces the number of shares of common stock issued upon the exercise of the option by the smallest number of whole shares that has an aggregate fair market value equal to or in excess of the aggregate exercise price for the option shares covered by the option exercised. Each option is exercisable for one share of the Company’s common stock. Most options expire within five to ten years from the date of the grant, and generally vest over a three-year period from the date of the grant. At September 30, 2022, 1,434,850 During the three months ended September 30, 2022, no 30,000 35,000 50,000 30,770 no 54,000 In the nine and three months ended September 30, 2022, 25,000 0.20 3,000 68,000 66,000 The Company utilized the Black-Scholes option-pricing model to estimate fair value, utilizing the following assumptions for the respective years (all in weighted averages): SUMMARY OF BLACK-SCHOLES OPTION PRICING TO ESTIMATE FAIR VALUE Number of Options (in shares) Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Outstanding at December 31, 2021 833,020 $ 0.39 4.7 $ 291,000 Granted 145,770 0.55 Exercised 25,000 0.20 6,250 Forfeited or expired — — Outstanding at September 30, 2022 953,790 $ 0.42 4.5 $ 68,000 Exercisable at September 30, 2022 800,251 $ 0.40 4.2 $ 66,000 The fair value of the options granted of $54,000 was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions: SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES PRICING MODEL Risk-free interest rate 1.8 % Expected term of options 3.9 Expected annual volatility 93.6 % 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 $ 69,000 58,000 16,000 22,000 The total compensation cost related to non-vested awards not yet recognized was $ 43,000 (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: SUMMARY OF WARRANT ACTIVITY Number of Warrants (in shares) Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Outstanding at December 31, 2021 35,000 $ 0.13 14.5 Granted — — Exercised — — Forfeited or expired — — Outstanding at September 30, 2022 35,000 $ 0.13 5.5

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 7— SEGMENT REPORTING As of September 30, 2022, the Company operates in two ● The Power Generation (“PG”) segment provides wireless remote monitoring and control systems and services for critical assets as well as Internet of Things applications. The PG segment includes OmniMetrix’s monitoring device for industrial air compressors and dryers, and a line of annunciators. ● The Cathodic Protection (“CP”) segment provides 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-month and three-month periods ended September 30, 2022 and 2021 (in thousands): SUMMARY OF SEGMENTED DATA PG CP Total Nine months ended September 30, 2022: Revenues from external customers $ 4,335 $ 820 $ 5,155 Segment gross profit 3,256 463 3,719 Depreciation and amortization 72 13 85 Segment income (loss) before income taxes $ 340 $ (103 ) $ 237 Nine months ended September 30, 2021: Revenues from external customers $ 4,283 $ 739 $ 5,022 Segment gross profit 3,241 433 3,674 Depreciation and amortization 48 8 21 Segment income (loss) before income taxes $ 774 $ (15 ) $ 759 Three months ended September 30, 2022: Revenues from external customers $ 1,510 $ 273 $ 1,783 Segment gross profit 1,092 123 1,215 Depreciation and amortization 31 5 36 Segment income (loss) before income taxes $ 78 $ (58 ) $ 20 Three months ended September 30, 2021: Revenues from external customers $ 1,446 $ 260 $ 1,706 Segment gross profit 1,091 151 1,242 Depreciation and amortization 16 3 19 Segment income before income taxes $ 264 $ 2 $ 266 * The software impairment of $ 51,000 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 does not review the assets by segment. Reconciliation of Segment (Loss) Income to Consolidated Net Income (Loss) Before Income Taxes SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED NET INCOME LOSS BEFORE INCOME TAXES 2022 2021 2022 2021 Nine months ended Three months ended 2022 2021 2022 2021 Total net income before income taxes for reportable segments $ 237 $ 759 $ 20 $ 266 Unallocated cost of corporate headquarters (741 ) (708 ) (230 ) (241 ) Consolidated net (loss) income before income taxes $ (504 ) $ 51 $ (210 ) $ 25 * The software impairment of $ 51,000

REVENUE

REVENUE	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 8— REVENUE The following table disaggregates the Company’s revenue for the three-and-nine-month periods ended September 30, 2022 and 2021 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE Hardware Monitoring Total Nine months ended September 30, 2022: PG Segment $ 1,610 $ 2,725 $ 4,335 CP Segment 631 189 820 Total Revenue $ 2,241 $ 2,914 $ 5,155 Hardware Monitoring Total Nine months ended September 30, 2021: PG Segment $ 1,449 $ 2,834 $ 4,283 CP Segment 543 196 739 Total Revenue $ 1,992 $ 3,030 $ 5,022 Hardware Monitoring Total Three months ended September 30, 2022: PG Segment $ 608 $ 902 $ 1,510 CP Segment 217 56 273 Total Revenue $ 825 $ 958 $ 1,783 Hardware Monitoring Total Three months ended September 30, 2021: PG Segment $ 507 $ 939 $ 1,446 CP Segment 194 66 260 Total Revenue $ 701 $ 1,005 $ 1,706 Deferred revenue activity for the nine months ended September 30, 2022 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY Hardware Monitoring Total Balance at December 31, 2021 $ 3,268 $ 2,125 $ 5,393 Additions during the period 2,088 3,144 5,232 Recognized as revenue (1,658 ) (2,914 ) (4,572 ) Balance at September 30, 2022 $ 3,698 $ 2,355 $ 6,053 Amounts to be recognized as revenue in the twelve-month-period ending: September 30, 2023 $ 1,904 $ 1,999 $ 3,903 September 30, 2024 1,350 353 1,703 September 30, 2025 and thereafter 444 3 447 Total $ 3,698 $ 2,355 $ 6,053 Other revenue of $ 583,000 Deferred cost of goods sold relate only to the sale of equipment. Deferred cost of goods sold activity for the nine months ended September 30, 2022 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY Balance at December 31, 2021 $ 1,513 Additions, net of adjustments, during the period 951 Recognized as cost of sales (793 ) Balance at September 30, 2022 $ 1,671 Amounts to be recognized as cost of sales in the twelve-month-period ending: September 30, 2023 $ 862 September 30, 2024 611 September 30, 2025 and thereafter 198 $ 1,671 Other cost of goods sold (COGS) recognized of $ 393,000 250,000 The following table provides a reconciliation of the Company’s sales commissions contract assets for the nine-month period ended September 30, 2022 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS Hardware Monitoring Total Balance at December 31, 2021 $ 242 $ 53 $ 295 Additions during the period 167 38 205 Amortization of sales commissions (111 ) (20 ) (131 ) Balance at September 30, 2022 $ 298 $ 71 $ 369 The capitalized sales commissions are included in other current assets ($ 179,000 190,000 138,000 157,000

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	NOTE 9— RELATED PARTY BALANCES AND TRANSACTIONS Officer and Director Fees The Company recorded fees to officers of $ 391,000 386,000 130,000 The Company recorded fees to directors of $ 44,000 15,000 Intercompany The related party balance due to Acorn from OmniMetrix for amounts loaned, accrued interest and expenses paid by Acorn on OmniMetrix’s behalf was $ 3,770,000 as of September 30, 2022 as compared to $ 4,217,000 as of December 31, 2021. This balance is eliminated in consolidation. During the nine months ended September 30, 2022, the intercompany amount due to Acorn from OmniMetrix decreased by $ 447,000 . This included repayments of $ 780,000 offset by interest of $ 134,000 , dividends of $ 57,000 due to Acorn and $ 142,000 in shared expenses paid by Acorn. During the nine months ended September 30, 2021, the intercompany amount due to Acorn from OmniMetrix decreased by $ 272,000 . This included repayments of $ 523,000 offset by interest of $ 149,000 , dividends of $ 57,000 due to Acorn and $ 45,000 in shared expenses paid by Acorn.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10— SUBSEQUENT EVENTS The Company evaluated subsequent events after September 30, 2022, in accordance with FASB ASC 855 Subsequent Events

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Use of Estimates in Preparation of Financial Statements	Use of Estimates in Preparation of Financial Statements The preparation of unaudited condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the unaudited condensed unaudited consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. As applicable to these unaudited condensed consolidated financial statements, the most significant estimates and assumptions relate to uncertainties with respect to income taxes, inventories, account receivable allowances, contingencies, revenue recognition, management’s projections and analyses of the possible impairments.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and trade accounts receivable. The Company’s cash was deposited with a U.S. bank and amounted to $ 1,124,000 at September 30, 2022. The Company does not believe there is significant risk of non-performance by these counterparties. For the three-month period ended September 30, 2022, there was one customer that represented 22% of total invoice sales. For the nine-month period ended September 30, 2022, the Company did not have any customers that represented greater than 10% of the Company’s total invoiced sales. One customer represented 39 % of the Company’s accounts receivable at September 30, 2022. This was due to a large volume of equipment purchases from one commercial/industrial customer during the month of September. Credit risk with respect to the balance of trade receivables is generally diversified due to the number of entities comprising the Company’s customer base.
Basic and Diluted Net (Loss) Income Per Share	Basic and Diluted Net (Loss) Income Per Share Basic net (loss) income per share is computed by dividing the net (loss) income attributable to Acorn Energy, Inc. by the weighted average number of shares outstanding during the year, excluding treasury stock. Diluted net (loss) income per share is computed by dividing the net (loss) income by the weighted average number of shares outstanding plus the dilutive potential of common shares which would result from the exercise of stock options and warrants. The dilutive effects of stock options and warrants are excluded from the computation of diluted net (loss) income per share if doing so would be antidilutive. For both the nine- and three-month periods ending September 30, 2022, the number of options that were excluded from the computation of diluted net loss, as they had an antidilutive effect, was 954,000 0.42 35,000 0.13 291,000 0.56 181,000 0.66 The following data represents the amounts used in computing EPS and the effect on net income (loss) and the weighted average number of shares of dilutive potential common stock (in thousands): SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES 2022 2021 2022 2021 Nine months ended Three months ended 2022 2021 2022 2021 Net income (loss) available to common stockholders $ (556 ) $ 45 $ (210 ) $ 23 Weighted average share outstanding: Basic 39,692 39,687 39,700 39,687 Add: Warrants — 28 — 28 Add: Stock options — 207 — 244 Diluted 39,692 39,922 39,700 39,959 Basic and diluted net (loss) income per share $ (0.01 ) $ 0.00 $ (0.01 ) $ 0.00
Recently Issued Accounting Standards	Recently Issued Accounting Standards There have been no recent accounting standards or changes in accounting standards during the nine- and three-month periods ended September 30, 2022, that are of material significance, or have potential material significance, to the Company.

ACCOUNTING POLICIES (Tables)

ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES	The following data represents the amounts used in computing EPS and the effect on net income (loss) and the weighted average number of shares of dilutive potential common stock (in thousands): SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES 2022 2021 2022 2021 Nine months ended Three months ended 2022 2021 2022 2021 Net income (loss) available to common stockholders $ (556 ) $ 45 $ (210 ) $ 23 Weighted average share outstanding: Basic 39,692 39,687 39,700 39,687 Add: Warrants — 28 — 28 Add: Stock options — 207 — 244 Diluted 39,692 39,922 39,700 39,959 Basic and diluted net (loss) income per share $ (0.01 ) $ 0.00 $ (0.01 ) $ 0.00

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2022
Leases
SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES	Supplemental cash flow information related to leases consisted of the following (in thousands): SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES September 30, 2022 2021 Cash paid for operating lease liabilities $ 93 $ 90
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES	Supplemental balance sheet information related to leases consisted of the following: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES 2022 Weighted average remaining lease terms for operating leases 2.98
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS	The table below reconciles the undiscounted future minimum lease payments under non-cancelable lease agreements having initial terms in excess of one year to the total operating lease liabilities recognized on the unaudited condensed consolidated balance sheet as of September 30, 2022 (in thousands): SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Twelve-month period ended September 30, 2023 $ 127 2024 129 2025 132 Total undiscounted cash flows 388 Less: Imputed interest (24 ) Present value of operating lease liabilities (a) (a) $ 364 (a) Includes current portion of $ 114,000

EQUITY (Tables)

EQUITY (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
SUMMARY OF BLACK-SCHOLES OPTION PRICING TO ESTIMATE FAIR VALUE	SUMMARY OF BLACK-SCHOLES OPTION PRICING TO ESTIMATE FAIR VALUE Number of Options (in shares) Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Outstanding at December 31, 2021 833,020 $ 0.39 4.7 $ 291,000 Granted 145,770 0.55 Exercised 25,000 0.20 6,250 Forfeited or expired — — Outstanding at September 30, 2022 953,790 $ 0.42 4.5 $ 68,000 Exercisable at September 30, 2022 800,251 $ 0.40 4.2 $ 66,000
SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES PRICING MODEL	The fair value of the options granted of $54,000 was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions: SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES PRICING MODEL Risk-free interest rate 1.8 % Expected term of options 3.9 Expected annual volatility 93.6 % 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: SUMMARY OF WARRANT ACTIVITY Number of Warrants (in shares) Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Outstanding at December 31, 2021 35,000 $ 0.13 14.5 Granted — — Exercised — — Forfeited or expired — — Outstanding at September 30, 2022 35,000 $ 0.13 5.5

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
SUMMARY OF SEGMENTED DATA	The following tables represent segmented data for the nine-month and three-month periods ended September 30, 2022 and 2021 (in thousands): SUMMARY OF SEGMENTED DATA PG CP Total Nine months ended September 30, 2022: Revenues from external customers $ 4,335 $ 820 $ 5,155 Segment gross profit 3,256 463 3,719 Depreciation and amortization 72 13 85 Segment income (loss) before income taxes $ 340 $ (103 ) $ 237 Nine months ended September 30, 2021: Revenues from external customers $ 4,283 $ 739 $ 5,022 Segment gross profit 3,241 433 3,674 Depreciation and amortization 48 8 21 Segment income (loss) before income taxes $ 774 $ (15 ) $ 759 Three months ended September 30, 2022: Revenues from external customers $ 1,510 $ 273 $ 1,783 Segment gross profit 1,092 123 1,215 Depreciation and amortization 31 5 36 Segment income (loss) before income taxes $ 78 $ (58 ) $ 20 Three months ended September 30, 2021: Revenues from external customers $ 1,446 $ 260 $ 1,706 Segment gross profit 1,091 151 1,242 Depreciation and amortization 16 3 19 Segment income before income taxes $ 264 $ 2 $ 266
SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED NET INCOME LOSS BEFORE INCOME TAXES	Reconciliation of Segment (Loss) Income to Consolidated Net Income (Loss) Before Income Taxes SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED NET INCOME LOSS BEFORE INCOME TAXES 2022 2021 2022 2021 Nine months ended Three months ended 2022 2021 2022 2021 Total net income before income taxes for reportable segments $ 237 $ 759 $ 20 $ 266 Unallocated cost of corporate headquarters (741 ) (708 ) (230 ) (241 ) Consolidated net (loss) income before income taxes $ (504 ) $ 51 $ (210 ) $ 25

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
SCHEDULE OF DISAGGREGATES OF REVENUE	The following table disaggregates the Company’s revenue for the three-and-nine-month periods ended September 30, 2022 and 2021 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE Hardware Monitoring Total Nine months ended September 30, 2022: PG Segment $ 1,610 $ 2,725 $ 4,335 CP Segment 631 189 820 Total Revenue $ 2,241 $ 2,914 $ 5,155 Hardware Monitoring Total Nine months ended September 30, 2021: PG Segment $ 1,449 $ 2,834 $ 4,283 CP Segment 543 196 739 Total Revenue $ 1,992 $ 3,030 $ 5,022 Hardware Monitoring Total Three months ended September 30, 2022: PG Segment $ 608 $ 902 $ 1,510 CP Segment 217 56 273 Total Revenue $ 825 $ 958 $ 1,783 Hardware Monitoring Total Three months ended September 30, 2021: PG Segment $ 507 $ 939 $ 1,446 CP Segment 194 66 260 Total Revenue $ 701 $ 1,005 $ 1,706
SCHEDULE OF DEFERRED REVENUE ACTIVITY	Deferred revenue activity for the nine months ended September 30, 2022 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY Hardware Monitoring Total Balance at December 31, 2021 $ 3,268 $ 2,125 $ 5,393 Additions during the period 2,088 3,144 5,232 Recognized as revenue (1,658 ) (2,914 ) (4,572 ) Balance at September 30, 2022 $ 3,698 $ 2,355 $ 6,053 Amounts to be recognized as revenue in the twelve-month-period ending: September 30, 2023 $ 1,904 $ 1,999 $ 3,903 September 30, 2024 1,350 353 1,703 September 30, 2025 and thereafter 444 3 447 Total $ 3,698 $ 2,355 $ 6,053
SCHEDULE OF DEFERRED CHARGES ACTIVITY	Deferred cost of goods sold relate only to the sale of equipment. Deferred cost of goods sold activity for the nine months ended September 30, 2022 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY Balance at December 31, 2021 $ 1,513 Additions, net of adjustments, during the period 951 Recognized as cost of sales (793 ) Balance at September 30, 2022 $ 1,671 Amounts to be recognized as cost of sales in the twelve-month-period ending: September 30, 2023 $ 862 September 30, 2024 611 September 30, 2025 and thereafter 198 $ 1,671
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, 2022 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS Hardware Monitoring Total Balance at December 31, 2021 $ 242 $ 53 $ 295 Additions during the period 167 38 205 Amortization of sales commissions (111 ) (20 ) (131 ) Balance at September 30, 2022 $ 298 $ 71 $ 369

SCHEDULE OF EFFECT ON NET INCOM

SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accounting Policies [Abstract]
Net income (loss) available to common stockholders	$ (210)	$ 23	$ (556)	$ 45
Weighted average share outstanding:
Basic	39,700	39,687	39,692	39,687
Add: Warrants		28		28
Add: Stock options		244		207
Diluted	39,700	39,959	39,692	39,922
Basic and diluted net (loss) income per share	$ (0.01)	$ 0	$ (0.01)	$ 0

ACCOUNTING POLICIES (Details Na

ACCOUNTING POLICIES (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Product Information [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 1,124		$ 1,124		$ 1,722
Stock Options [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	954,000	181,000	954,000	291,000
Weighted average exercise price of options and warrants	$ 0.42	$ 0.66	$ 0.42	$ 0.56
Warrant [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	35,000		35,000
Weighted average exercise price of options and warrants	$ 0.13		$ 0.13
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Product Information [Line Items]
Concentration Risk, Percentage	22%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Product Information [Line Items]
Concentration Risk, Percentage			39%

LIQUIDITY (Details Narrative)

LIQUIDITY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Nov. 08, 2022	Dec. 31, 2021
Working capital	$ 540,000
Cash and cash equivalents, at carrying value	1,124,000			$ 1,722,000
Deferred revenue, current	3,903,000			$ 3,541,000
Net increase (decrease) in cash	598,000	$ 47,000
Net cash provided by (used in) investing activities	292,000	221,000
Net cash provided by (used in) financing activities	5,000	$ (149,000)
Income loss from subsidiary operations	827,000
Subsequent Event [Member]
Cash			$ 967,000
Account receivables			$ 1,334,000
Subsidiaries [Member]
Subsidiary operations	516,000
OmniMetrix, LLC [Member]
Income (loss) from continuing operations, net of tax, attributable to parent	$ 311,000

SCHEDULE OF SUPPLEMENTAL CASH F

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Leases
Cash paid for operating lease liabilities	$ 93	$ 90

SCHEDULE OF SUPPLEMENTAL BALANC

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES (Details)	Sep. 30, 2022
Leases
Weighted average remaining lease terms for operating leases	2 years 11 months 23 days

SCHEDULE OF FUTURE MINIMUM LEAS

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details)	Sep. 30, 2022 USD ($)
Leases
2023	$ 127,000
2024	129,000
2025	132,000
Total undiscounted cash flows	388,000
Less: Imputed interest	(24,000)
Present value of operating lease liabilities (a)	$ 364,000	[1]
[1]Includes current portion of $ 114,000

SCHEDULE OF FUTURE MINIMUM LE_2

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases
Current operating lease	$ 114	$ 107

LEASES (Details Narrative)

LEASES (Details Narrative)			1 Months Ended	3 Months Ended		9 Months Ended
		Jul. 06, 2021 USD ($) ft²	Apr. 30, 2019	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lessee, operating lease, discount rate				4.50%		4.50%
Operating lease, liability	[1]			$ 364,000		$ 364,000
Sublease payments		$ 2,375
Leasehold Improvements, Gross		7,000
Estimated Sublease Payments		$ 6,700
King Industrial Reality, Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Area of Land | ft²		1,900
King Industrial Realty Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Area of Land | ft²		21,000
Operating Lease Agreements [Member] | Omni Metrix Holdings, Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease expiration date			Sep. 30, 2025
Lessee, operating lease, description			The office equipment lease commenced in April 2019 and has a sixty-month term
Operating lease, payments				$ 31,000	$ 30,000	$ 93,000	$ 90,000
[1]Includes current portion of $ 114,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)		9 Months Ended
	Aug. 19, 2019	Sep. 30, 2022
Master Services Agreement [Member]
Operating lease obligations payable		$ 388,000
Operating leases and contractual services		20,000
Commitment payable		$ 786,000
OmniMetrix, LLC [Member]
Monthly payments	$ 200,000
Partner sensor transaction description	OmniMetrix will also pay the partner (i) a per-sensor monitoring fee for each sensor connected to the developed technology, or (ii) a percentage of any revenue received above a specified amount per sensor monitored per month in gas applications only. Commencing on January 1, 2021, OmniMetrix paid the partner a quarterly licensing fee of $12,500 which was renegotiated to $4,450 effective October 1, 2021. The per-sensor monitoring fees have not yet commenced
Quarterly licensing fee	$ 12,500
Quarterly increments	4,450
Monthly licensing fee	$ 1,500

SUMMARY OF BLACK-SCHOLES OPTION

SUMMARY OF BLACK-SCHOLES OPTION PRICING TO ESTIMATE FAIR VALUE (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Equity [Abstract]
Number of Options (in shares), Outstanding at beginning of year	833,020
Weighted Average Exercise Price Per Share, Outstanding at beginning of year	$ 0.39
Weighted average remaining contractual life at end	4 years 6 months	4 years 8 months 12 days
Aggregate intrinsic value at beginning of year	$ 291,000
Number of Options (in shares), Granted at market price	145,770
Weighted Average Exercise Price Per Share, Granted	$ 0.55
Number of Options (in shares), Exercised	25,000
Weighted Average Exercise Price Per Share, Exercised	$ 0.20
Aggregate intrinsic value, Exercised	$ 6,250
Number of Options (in shares), Forfeited or expired
Weighted Average Exercise Price Per Share, Forfeited or expired
Number of Options (in shares), Outstanding at end of year	953,790	833,020
Weighted Average Exercise Price Per Share, Outstanding at end of year	$ 0.42	$ 0.39
Aggregate intrinsic value at end of year	$ 68,000	$ 291,000
Number of Options (in shares), Exercisable at end of year	800,251
Weighted Average Exercise Price Per Share, Exercisable at end of year	$ 0.40
Weighted average remaining contractual life at exercisable at end of year	4 years 2 months 12 days
Aggregate intrinsic value, Exercisable at end of year	$ 66,000

SCHEDULE OF STOCK OPTIONS FAIR

SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES PRICING MODEL (Details)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Risk-free interest rate	1.80%
Expected term of options, in years	3 years 10 months 24 days
Expected annual volatility	93.60%
Expected dividend yield

SUMMARY OF WARRANT ACTIVITY (De

SUMMARY OF WARRANT ACTIVITY (Details) - Warrant [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Warrants (in Shares), Outstanding at beginning balance	35,000
Weighted Average Exercise Price Per Share, Outstanding at beginning balance	$ 0.13
Weighted average remaining contractual life at end	5 months 15 days	14 months 15 days
Number of Warrants (in Shares), Granted
Weighted Average Exercise Price Per Share, Granted
Number of Warrants (in Shares), Exercised
Weighted Average Exercise Price Per Share, Exercised
Number of Warrants (in Shares), Forfeited or expired
Weighted Average Exercise Price Per Share, Forfeited or expired
Number of Warrants (in Shares), Outstanding at end balance	35,000	35,000
Weighted Average Exercise Price Per Share, Outstanding at end balance	$ 0.13	$ 0.13

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock, shares outstanding	39,712,589		39,712,589
Common stock par value	$ 0.01		$ 0.01		$ 0.01
Number of options granted during period			145,770
Fair value of options granted during period			$ 54,000
Number of options exercised			25,000
Options exercise price	$ 0.20		$ 0.20
Proceeds from stock options exercised			$ 3,000
Intrinsic value of options outstanding	$ 68,000		68,000		$ 291,000
Intrinsic value of options exercisable	66,000		66,000
Compensation cost, non-vested awards not yet recognized	43,000		43,000
Selling, General and Administrative Expenses [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock based compensation expense	$ 16,000	$ 22,000	$ 69,000	$ 58,000
Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period	0
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			30,000
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			35,000
Chief Financial Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			50,000
Other Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			30,770
Non-employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period	0		0
Amended and Restated 2006 Stock Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options available for grant	1,434,850		1,434,850

SUMMARY OF SEGMENTED DATA (Deta

SUMMARY OF SEGMENTED DATA (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Revenues from external customers	$ 1,783	$ 1,706	$ 5,155	$ 5,022
Segment gross profit	1,215	1,242	3,719	3,674
Depreciation and amortization	36	19	85	21
Segment income before income taxes	20	266	237	759
PG [Member]
Segment Reporting Information [Line Items]
Revenues from external customers	1,510	1,446	4,335	4,283
Segment gross profit	1,092	1,091	3,256	3,241
Depreciation and amortization	31	16	72	48
Segment income before income taxes	78	264	340	774
CP [Member]
Segment Reporting Information [Line Items]
Revenues from external customers	273	260	820	739
Segment gross profit	123	151	463	433
Depreciation and amortization	5	3	13	8
Segment income before income taxes	$ (58)	$ 2	$ (103)	$ (15)

SUMMARY OF SEGMENTED DATA (De_2

SUMMARY OF SEGMENTED DATA (Details) (Parenthetical) $ in Thousands	3 Months Ended
	Sep. 30, 2022 USD ($)
Segment Reporting [Abstract]
Segment income before income taxes	$ 51,000

SCHEDULE OF RECONCILIATION OF S

SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED NET INCOME LOSS BEFORE INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting [Abstract]
Total net income before income taxes for reportable segments	$ 20	$ 266	$ 237	$ 759
Unallocated cost of corporate headquarters	(230)	(241)	(741)	(708)
Consolidated net (loss) income before income taxes	$ (210)	$ 25	$ (504)	$ 51

SCHEDULE OF RECONCILIATION OF_2

SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED NET INCOME LOSS BEFORE INCOME TAXES (Details) (Parenthetical) $ in Thousands	3 Months Ended
	Sep. 30, 2022 USD ($)
Segment Reporting [Abstract]
Segment income before income taxes	$ 51,000

SEGMENT REPORTING (Details Narr

SEGMENT REPORTING (Details Narrative)	9 Months Ended
	Sep. 30, 2022 Segments
Segment Reporting [Abstract]
Number of reportable segments	2

SCHEDULE OF DISAGGREGATES OF RE

SCHEDULE OF DISAGGREGATES OF REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Total Revenue	$ 1,783	$ 1,706	$ 5,155	$ 5,022
Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	825	701	2,241	1,992
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	958	1,005	2,914	3,030
PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,510	1,446	4,335	4,283
PG [Member] | Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	608	507	1,610	1,449
PG [Member] | Monitoring [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	902	939	2,725	2,834
CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	273	260	820	739
CP [Member] | Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	217	194	631	543
CP [Member] | Monitoring [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 56	$ 66	$ 189	$ 196

SCHEDULE OF DEFERRED REVENUE AC

SCHEDULE OF DEFERRED REVENUE ACTIVITY (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Disaggregation of Revenue [Line Items]
Balance at December 31, 2021	$ 5,393
Additions during the period	5,232
Recognized as revenue	(4,572)
Balance at September 30, 2022	6,053
September 30, 2023	3,903
September 30, 2024	1,703
September 30, 2025 and thereafter	447
Total	6,053
Hardware [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2021	3,268
Additions during the period	2,088
Recognized as revenue	(1,658)
Balance at September 30, 2022	3,698
September 30, 2023	1,904
September 30, 2024	1,350
September 30, 2025 and thereafter	444
Total	3,698
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2021	2,125
Additions during the period	3,144
Recognized as revenue	(2,914)
Balance at September 30, 2022	2,355
September 30, 2023	1,999
September 30, 2024	353
September 30, 2025 and thereafter	3
Total	$ 2,355

SCHEDULE OF DEFERRED CHARGES AC

SCHEDULE OF DEFERRED CHARGES ACTIVITY (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Revenue from Contract with Customer [Abstract]
Balance at December 31, 2021	$ 1,513
Additions, net of adjustments, during the period	951
Recognized as cost of sales	(793)
Balance at September 30, 2022	1,671
September 30, 2023	862
September 30, 2024	611
September 30, 2025 and thereafter	198
Total	$ 1,671

SCHEDULE OF SALES COMMISSIONS C

SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Disaggregation of Revenue [Line Items]
Balance at December 31, 2021	$ 295
Additions during the period	205
Amortization of sales commissions	(131)
Balance at September 30, 2022	369
Hardware [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2021	242
Additions during the period	167
Amortization of sales commissions	(111)
Balance at September 30, 2022	298
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2021	53
Additions during the period	38
Amortization of sales commissions	(20)
Balance at September 30, 2022	$ 71

REVENUE (Details Narrative)

REVENUE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 1,783,000	$ 1,706,000	$ 5,155,000	$ 5,022,000
Cost of Goods and Services Sold	568,000	$ 464,000	1,436,000	$ 1,348,000
Other assets, current	258,000		258,000		$ 229,000
Capitalized Sales Commissions [Member]
Disaggregation of Revenue [Line Items]
Other assets, current	179,000		179,000		138,000
Other Assets	$ 190,000		190,000		$ 157,000
Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges [Member]
Disaggregation of Revenue [Line Items]
Revenue			583,000
Other COGS and Miscellaneous Charges [Member]
Disaggregation of Revenue [Line Items]
Cost of Goods and Services Sold			393,000
Monitoring Services [Member]
Disaggregation of Revenue [Line Items]
Cost of Goods and Services Sold			$ 250,000

RELATED PARTY BALANCES AND TR_2

RELATED PARTY BALANCES AND TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party			$ 142,000
OmniMetrix, LLC [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Current	$ 3,770,000		3,770,000		$ 4,217,000
Increase (Decrease) in Due to Related Parties			447,000	$ 272,000
Repayments of Related Party Debt			780,000	523,000
Interest and Debt Expense			134,000	149,000
Dividends			57,000	57,000
Related Party Transaction, Expenses from Transactions with Related Party				45,000
Officer [Member]
Related Party Transaction [Line Items]
Consulting and other fees to officer	130,000	$ 130,000	391,000	386,000
Director [Member]
Related Party Transaction [Line Items]
Consulting and other fees to directors	$ 15,000	$ 15,000	$ 44,000	$ 44,000