Acorn Energy (ACFN) 10-Q 9 Nov 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2023	Nov. 07, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
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		2,484,791

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash		$ 1,749	$ 1,450
Accounts receivable, net		583	597
Inventory, net		909	789
Deferred cost of goods sold (COGS)		890	887
Other current assets		343	288
Total current assets		4,474	4,011
Property and equipment, net		610	653
Operating right-of-use assets, net		220	298
Deferred COGS		642	807
Other assets		209	215
Total assets		6,155	5,984
Current liabilities:
Accounts payable		444	243
Accrued expenses		127	171
Deferred revenue		4,270	3,984
Operating lease liabilities		121	116
Other current liabilities		25	58
Total current liabilities		4,987	4,572
Long-term liabilities:
Deferred revenue		1,941	2,187
Operating lease liabilities		129	220
Other long-term liabilities		19	16
Total long-term liabilities		2,089	2,423
Commitments and contingencies (Note 7)
Acorn Energy, Inc. stockholders
Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; issued and outstanding – 2,484,791 and 2,482,604 shares at September 30, 2023 and December 31, 2022, respectively	[1]	25	25
Additional paid-in capital	[1]	103,312	103,261
Accumulated stockholders’ deficit		(101,232)	(101,267)
Treasury stock, at cost – 50,178 and 50,178 shares at September 30, 2023 and December 31, 2022	[1]	(3,036)	(3,036)
Total Acorn Energy, Inc. stockholders’ deficit		(931)	(1,017)
Non-controlling interest		10	6
Total stockholders’ deficit		(921)	(1,011)
Total liabilities and stockholders’ deficit		$ 6,155	$ 5,984
[1]Includes effects of a 1-for-16 reverse stock split

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
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	2,484,791	2,482,604
Common stock, shares outstanding	2,484,791	2,482,604
Treasury stock, shares	50,178	50,178

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenue		$ 2,087	$ 1,783	$ 5,809	$ 5,155
COGS		537	568	1,453	1,436
Gross profit		1,550	1,215	4,356	3,719
Operating expenses:
Research and development (R&D) expense		212	227	614	637
Selling, general and administrative (SG&A) expense		1,330	1,198	3,746	3,585
Impairment of software					51
Total operating expenses		1,542	1,425	4,360	4,273
Operating (loss) income		8	(210)	(4)	(554)
Interest income (expense), net		19		46	(1)
Income (loss) before income taxes		27	(210)	42	(555)
Income tax expense
Net income (loss)		27	(210)	42	(555)
Non-controlling interest share of net income		(3)		(7)	(1)
Net income (loss) attributable to Acorn Energy, Inc. stockholders		$ 24	$ (210)	$ 35	$ (556)
Basic net income (loss) per share	[1]	$ 0.01	$ (0.08)	$ 0.01	$ (0.22)
Diluted net income (loss) per share	[1]	$ 0.01	$ (0.08)	$ 0.01	$ (0.22)
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – basic and diluted
Basic	[1]	2,485	2,481	2,484	2,481
Diluted	[1]	2,532	2,481	2,506	2,481
[1]Includes effects of a 1-for-16 reverse stock split.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($) shares in Thousands, $ in Thousands		Common Stock [Member]		Additional Paid-in Capital [Member]	[1]	Retained Earnings [Member]	Treasury Stock, Common [Member]		Parent [Member]	Noncontrolling Interest [Member]		Total
Balance at Dec. 31, 2021		$ 25	[1]	$ 103,176		$ (100,634)	$ (3,036)	[1]	$ (469)	$ 8		$ (461)
Balance, shares at Dec. 31, 2021	[1]	2,480					50
Net income (loss)			[1]			(123)		[1]	(123)	1		(122)
Accrued dividend on OmniMetrix preferred shares			[1]					[1]		(1)		(1)
Stock option compensation			[1]	31				[1]	31			31
Balance at Mar. 31, 2022		$ 25	[1]	103,207		(100,757)	$ (3,036)	[1]	(561)	8		(553)
Balance, shares at Mar. 31, 2022	[1]	2,480					50
Balance at Dec. 31, 2021		$ 25	[1]	103,176		(100,634)	$ (3,036)	[1]	(469)	8		(461)
Balance, shares at Dec. 31, 2021	[1]	2,480					50
Net income (loss)												(555)
Balance at Sep. 30, 2022		$ 25	[1]	103,250		(101,190)	$ (3,036)	[1]	(951)	6		(945)
Balance, shares at Sep. 30, 2022	[1]	2,482					50
Balance at Mar. 31, 2022		$ 25	[1]	103,207		(100,757)	$ (3,036)	[1]	(561)	8		(553)
Balance, shares at Mar. 31, 2022	[1]	2,480					50
Net income (loss)			[1]			(223)		[1]	(223)		[2]	(223)
Accrued dividend on OmniMetrix preferred shares			[1]					[1]		(1)		(1)
Stock option compensation			[1]	22				[1]	22			22
Balance at Jun. 30, 2022		$ 25	[1]	103,229		(100,980)	$ (3,036)	[1]	(762)	7		(755)
Balance, shares at Jun. 30, 2022	[1]	2,480					50
Net income (loss)			[1]			(210)		[1]	(210)			(210)
Accrued dividend on OmniMetrix preferred shares			[1]					[1]		(1)		(1)
Stock option compensation			[1]	16				[1]	16			16
Proceeds from stock option exercise			[1],[2]	5				[1]	5			5
Balance, shares	[1]	2
Balance at Sep. 30, 2022		$ 25	[1]	103,250		(101,190)	$ (3,036)	[1]	(951)	6		(945)
Balance, shares at Sep. 30, 2022	[1]	2,482					50
Balance at Dec. 31, 2022		$ 25	[1]	103,261		(101,267)	$ (3,036)	[1]	(1,017)	6		(1,011)
Balance, shares at Dec. 31, 2022	[1]	2,483					50
Net income (loss)			[1]			(85)		[1]	(85)	1		(84)
Proceeds from warrant exercise			[1],[2]	5				[1]	5			5
Balance, shares	[1]	2
Accrued dividend on OmniMetrix preferred shares			[1]					[1]		(1)		(1)
Stock option compensation			[1]	17				[1]	17			17
Balance at Mar. 31, 2023		$ 25	[1]	103,283		(101,352)	$ (3,036)	[1]	(1,080)	6		(1,074)
Balance, shares at Mar. 31, 2023	[1]	2,485					50
Balance at Dec. 31, 2022		$ 25	[1]	103,261		(101,267)	$ (3,036)	[1]	(1,017)	6		(1,011)
Balance, shares at Dec. 31, 2022	[1]	2,483					50
Net income (loss)												42
Balance at Sep. 30, 2023		$ 25	[1]	103,312		(101,232)	$ (3,036)	[1]	(931)	10		(921)
Balance, shares at Sep. 30, 2023	[1]	2,485					50
Balance at Mar. 31, 2023		$ 25	[1]	103,283		(101,352)	$ (3,036)	[1]	(1,080)	6		(1,074)
Balance, shares at Mar. 31, 2023	[1]	2,485					50
Net income (loss)			[1]			96		[1]	96	3		99
Accrued dividend on OmniMetrix preferred shares			[1]					[1]		(1)		(1)
Stock option compensation			[1]	13				[1]	13			13
Balance at Jun. 30, 2023		$ 25	[1]	103,296		(101,256)	$ (3,036)	[1]	(971)	8		(963)
Balance, shares at Jun. 30, 2023	[1]	2,485					50
Net income (loss)			[1]			24		[1]	24	3		27
Accrued dividend on OmniMetrix preferred shares			[1]					[1]		(1)		(1)
Stock option compensation			[1]	16				[1]	16			16
Balance at Sep. 30, 2023		$ 25	[1]	$ 103,312		$ (101,232)	$ (3,036)	[1]	$ (931)	$ 10		$ (921)
Balance, shares at Sep. 30, 2023	[1]	2,485					50
[1]Includes effects of a 1-for-16 reverse stock split.[2]Less than $1.

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows provided by (used in) operating activities:
Net income (loss)	$ 42	$ (555)
Depreciation and amortization	115	83
Impairment of inventory	9	31
Impairment of software		51
Non-cash lease expense	96	93
Stock-based compensation	46	69
Change in operating assets and liabilities:
Decrease (increase) in accounts receivable	14	(41)
Increase in inventory	(129)	(317)
Decrease (increase) in deferred COGS	162	(158)
Increase in other current assets and other assets	(49)	(62)
Increase (decrease) in accounts payable and accrued expenses	157	(91)
Increase in deferred revenue	40	660
Decrease in operating lease liability	(104)	(97)
(Decrease) increase in other current liabilities and non-current liabilities	(33)	23
Net cash provided by (used in) operating activities	366	(311)
Cash flows used in investing activities:
Investments in technology	(70)	(286)
Other capital investments	(2)	(6)
Net cash used in investing activities	(72)	(292)
Cash flows provided by financing activities:
Stock option exercise proceeds		5
Warrant exercise proceeds	5
Net cash provided by financing activities	5	5
Net increase (decrease) in cash	299	(598)
Cash at the beginning of the year	1,450	1,722
Cash at the end of the period	1,749	1,124
Cash paid during the period for:
Interest	2	1
Non-cash investing and financing activities:
Accrued preferred dividends to former CEO of OmniMetrix	$ 3	$ 3

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2023
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. (“Acorn”) and its subsidiaries, OmniMetrix, LLC (“OmniMetrix”) and OMX Holdings, Inc. (collectively, with Acorn and OmniMetrix, “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, 2023 and 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. 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, 2022, filed with the Securities and Exchange Commission on March 16, 2023. Reverse Stock Split On September 5, 2023, the Board of Directors of Acorn approved a Certificate of Amendment to Acorn’s Restated Certificate of Incorporation (the “Certificate of Amendment”) that provided for a 1-for-16 reverse stock split 347

ACCOUNTING POLICIES

ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2023
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 consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. As applicable to these unaudited condensed consolidated financial statements, the most significant estimates and assumptions relate to uncertainties with respect to revenue recognition and management’s projections related to the going concern analysis 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 $ 1,749,000 10 11 10 12 Inventory Inventories are comprised of components (raw materials), work-in-process and finished goods, which are measured at the lower of cost or net realizable value. Raw materials inventory is generally comprised of radios, cables, antennas, and electrical components. Finished goods inventory consists of fully assembled systems ready for final shipment to the customer. Costs are determined at cost of acquisition on a weighted average basis and include all outside production and applicable shipping costs. All inventories are periodically reviewed to identify slow-moving and obsolete inventory. Management conducted an assessment and wrote-off inventory carried at $ 9,000 1,000 Revenue Recognition On September 1, 2023, OmniMetrix launched an updated version of its products that includes new functionality in its TrueGuard, AIRGuard, Patriot and Hero products that allows its customers to have options as it relates to obtaining and utilizing the data that is provided by its hardware devices. This new functionality allows for SIM card options, configuration options regarding IP address endpoints and DNS routes, and access to OmniMetrix’s over-the-air data protocol. This product update allows customers to have the option to purchase OmniMetrix’s monitoring service, monitor the products themselves if they have the ability in-house, or choose another monitoring provider if they so desire. OmniMetrix’s prior hardware product version could not function as a distinct product from its monitoring services. This new version’s functionality results in OmniMetrix’s hardware and monitoring services being capable of being two distinct products and services. OmniMetrix recognizes revenue, COGS and commissions from the sale of the new version of its hardware products sold when the product is shipped rather than over the estimated time that the unit is in service for the customer. Monitoring revenue continues to be deferred and amortized over the period that the monitoring services are rendered. The remaining balance of deferred revenue from the prior version of these products will continue to be amortized each period until it is fully amortized. The modification to the circuit boards and embedded firmware of hardware enclosures in inventory as of August 31, 2023 were made such that only the new version of these products was sold subsequent to this date. Basic and Diluted Net Income (Loss) Per Share Basic net income (loss) per share is computed by dividing the net income (loss) attributable to Acorn Energy, Inc. by the weighted average number of shares outstanding during the period, excluding treasury stock. Diluted net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares outstanding plus the dilutive potential of common shares which would result from the exercise of stock options. The dilutive effects of stock options are excluded from the computation of diluted net income (loss) per share if doing so would be antidilutive. For the nine-month period ending September 30, 2023, the weighted average number of options that were excluded from the computation of diluted net loss, as they had an antidilutive effect, was 6,000 8.49 60,000 6.72 2,187 2.08 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 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, 2023 2022 2023 2022 Net income (loss) available to common stockholders $ 35 $ (556 ) $ 24 $ (210 ) Weighted average share outstanding: Basic 2,484 2,481 2,485 2,481 Add: Stock options 22 — 47 — Diluted 2,506 2,481 2,532 2,481 Basic and diluted net income (loss) per share $ 0.01 $ (0.22 ) $ 0.01 $ (0.08 ) Recently Adopted Accounting Standards Other than the pronouncement noted below, there have been no recent accounting pronouncements or changes in accounting standards during the nine-month period ended September 30, 2023 that would affect the Company’s condensed consolidated financial statements. On January 1, 2023, the Company adopted ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This guidance was issued to provide financial statement users with more useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. Specifically, this guidance requires entities to utilize a new “expected loss” model as it relates to trade and other receivables. The adoption of the standard impacts the way the Company estimates the allowance for doubtful accounts on its trade and other receivables. Refer to Note 4, “Allowance for Credit Losses,” for further information regarding the Company’s allowance for expected credit losses.

LIQUIDITY

LIQUIDITY	9 Months Ended
	Sep. 30, 2023
Liquidity
LIQUIDITY	NOTE 3— LIQUIDITY As of September 30, 2023, the Company had cash of $ 1,749,000 At September 30, 2023, the Company had negative working capital of $ 513,000 1,749,000 4,270,000 299,000 366,000 72,000 5,000 As of November 7, 2023, the Company had cash of $ 1,684,000

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
ALLOWANCE FOR CREDIT LOSSES	NOTE 4— ALLOWANCE FOR CREDIT LOSSES For the Company, ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” applies to its contract assets (deferred COGS and deferred sales commissions), lease receivables (sublease, see Note 6) and trade receivables. There are no expected or estimated credit losses on the Company’s contract assets or its lease receivable based on the Company’s implementation of ASU 2016-13. The Company’s trade receivables primarily arise from the sale of our products to independent residential dealers, industrial distributors and dealers, national and regional retailers, equipment distributors, and certain end users with payment terms generally ranging from 30 to 60 days. The Company evaluates the credit risk of a customer when extending credit based on a combination of various financial and qualitative factors that may affect the customer’s ability to pay. These factors include the customer’s financial condition and past payment experience. The Company maintains an allowance for credit losses, which represents an estimate of expected losses over the remaining contractual life of its receivables considering current market conditions and estimates for supportable forecasts when appropriate. The Company measures expected credit losses on its trade receivables on an entity-by-entity basis. The estimate of expected credit losses considers a historical loss experience rate that is adjusted for delinquency trends, collection experience, and/or economic risk where appropriate. Additionally, management develops a specific allowance for trade receivables known to have a high risk of expected future credit loss. The Company has historically experienced immaterial write-offs given the nature of the customers that receive credit. As of September 30, 2023, the Company had gross receivables of $ 590,000 7,000 The following is a tabular reconciliation of the Company’s allowance for credit losses: SCHEDULE OF ALLOWANCES FOR CREDIT LOSSES September 30, 2023 December 31, 2022 As of September 30, 2023 December 31, 2022 (in thousands) Balance at beginning of period $ 10 $ 6 Provision for credit losses 3 3 Net (charge-offs) credits (6 ) 1 Balance at end of period $ 7 $ 10

INVENTORY

INVENTORY	9 Months Ended
	Sep. 30, 2023
Inventory Disclosure [Abstract]
INVENTORY	NOTE 5— INVENTORY SCHEDULE OF INVENTORY September 30, 2023 December 31, 2022 As of September 30, 2023 December 31, 2022 (in thousands) Raw materials $ 859 $ 684 Finished goods 50 105 Inventory net $ 909 $ 789 At September 30, 2023 and December 31, 2022, the Company’s inventory reserve was $ 9,000 4,000 All inventories are periodically reviewed to identify slow-moving and obsolete inventory. Management conducted an assessment and wrote-off inventory carried at $ 9,000 1,000

LEASES

LEASES	9 Months Ended
	Sep. 30, 2023
Leases
LEASES	NOTE 6— LEASES OmniMetrix leases office space and office equipment under operating lease agreements. The office lease has an expiration date of September 30, 2025. The office equipment lease was entered into in April 2019 and has a sixty-month term 96,000 93,000 33,000 31,000 4.5 250,000 4.5 Supplemental cash flow information related to leases consisted of the following (in thousands): SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES For the Nine Months Ending September 30, 2023 2022 Cash paid for operating lease liabilities $ 96 $ 93 Supplemental balance sheet information related to leases consisted of the following: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES 2023 Weighted average remaining lease terms for operating leases 1.99 The table below reconciles the undiscounted future minimum lease payments under non-cancelable lease agreements having initial terms of more than one year to the total operating lease liabilities recognized on the unaudited condensed consolidated balance sheet as of September 30, 2023 (in thousands): SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Year ended September 30, 2024 $ 129 2025 132 Total undiscounted cash flows 261 Less: Imputed interest (11 ) Present value of operating lease liabilities (a) $ 250 (a) Includes current portion of $ 121,000 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 6,100 2,220 SCHEDULE OF SUB LEASES Year ended September 30, 2024 $ 28 2025 29 Total undiscounted cash flows $ 57

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7— COMMITMENTS AND CONTINGENCIES The Company has $ 250,000 15,000 603,000

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
EQUITY	NOTE 8— EQUITY (a) General Reverse Stock Split On September 5, 2023, the Board of Directors of Acorn approved a Certificate of Amendment to Acorn’s Restated Certificate of Incorporation that provided for a 1-for-16 reverse stock split 2,484,791 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, 2023, 77,540 During the nine months ended September 30, 2023, 13,436 No 3,437 2,187 6,250 1,562 no No options were exercised in the nine and three months ended September 30, 2023. The intrinsic value of options outstanding and of options exercisable at September 30, 2023 was $ 38,000 SCHEDULE OF BLACK-SCHOLES OPTION PRICING 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, 2022 58,966 $ 6.71 4.3 $ 16,000 Granted 13,436 5.24 Exercised — — Forfeited or expired (1,280 ) 6.48 Outstanding at September 30, 2023 71,122 $ 6.44 4.2 $ 46,000 Exercisable at September 30, 2023 61,786 $ 6.49 3.9 $ 38,000 The fair value of the options granted of $ 46,000 SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES Risk-free interest rate 3.9 % Expected term of options 4.1 Expected annual volatility 94.5 % Expected dividend yield — % (c) Stock-based Compensation Expense Stock-based compensation expense included in SG&A expenses in the Company’s unaudited condensed consolidated statements of operations was $ 46,000 69,000 16,000 16,000 The total compensation cost related to non-vested awards not yet recognized was $ 17,000 43,000 (d) Warrants The Company previously issued warrants at exercise prices equal to or greater than the 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, 2022 2,187 $ 2.08 2.5 Granted — — Exercised (2,187 ) 2.08 Forfeited or expired — — Outstanding at September 30, 2023 — $ — —

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 9— SEGMENT REPORTING As of September 30, 2023, the Company operates in two reportable operating segments, both of which are performed through the Company’s OmniMetrix subsidiary: ● Power Generation (“PG”). ● Cathodic Protection (“CP”). TM 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, 2023 and 2022 (in thousands): SUMMARY OF SEGMENTED DATA PG CP Total Nine months ended September 30, 2023: Revenues from external customers $ 4,994 $ 815 $ 5,809 Segment gross profit 3,876 480 4,356 Depreciation and amortization 99 16 115 Segment income (loss) before income taxes $ 891 $ (35 ) $ 856 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 Three months ended September 30, 2023: Revenues from external customers $ 1,798 $ 289 $ 2,087 Segment gross profit 1,381 169 1,550 Depreciation and amortization 36 5 41 Segment income before income taxes $ 361 $ 5 $ 366 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 * Software impairment of $ 51,000 is not related to a specific segment and, thus, is not included in the “Total net income before income taxes for reportable segments” for the nine months ended September 30, 2022 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 Income (Loss) to Consolidated Net Income (Loss) Before Income Taxes SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, 2023 2022 2023 2022 Total net income before income taxes for reportable segments $ 856 $ 237 $ 366 $ 20 Unallocated software impairment (51 ) Unallocated cost of corporate headquarters (814 ) (741 ) (339 ) (230 ) Consolidated net income (loss) before income taxes $ 42 $ (555 ) $ 27 $ (210 )

REVENUE

REVENUE	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 10— REVENUE The following table disaggregates the Company’s revenue for the nine-month and three-month periods ended September 30, 2023 and 2022 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE Hardware Monitoring Total Nine months ended September 30, 2023: PG Segment $ 2,017 $ 2,977 $ 4,994 CP Segment 620 195 815 Total Revenue $ 2,637 $ 3,172 $ 5,809 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 Three months ended September 30, 2023: PG Segment $ 780 $ 1,018 $ 1,798 CP Segment 224 65 289 Total Revenue $ 1,004 $ 1,083 $ 2,087 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 Deferred revenue activity for the nine months ended September 30, 2023 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY Hardware Monitoring Total Balance at December 31, 2022 $ 3,751 $ 2,420 $ 6,171 Additions during the period 1,597 3,436 5,033 Recognized as revenue (1,821 ) (3,172 ) (4,993 ) Balance at September 30, 2023 $ 3,527 $ 2,684 $ 6,211 Amounts to be recognized as revenue in the twelve-month-period ending: September 30, 2024 $ 2,023 $ 2,247 $ 4,270 September 30, 2025 1,179 433 1,612 September 30, 2026 and thereafter 325 4 329 $ 3,527 $ 2,684 $ 6,211 The amount of hardware revenue recognized during the nine months ended September 30, 2023 that was included in deferred revenue at the beginning of the fiscal year was $ 1,469,000 1,890,000 SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE Reconciliation of Hardware Revenue 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, Reconciliation of Hardware Revenue 2023 2022 2023 2022 Amortization of deferred revenue $ 1,821 $ 1,658 $ 629 $ 631 Sales of custom designed units and related accessories 135 — 43 — Hardware sales (new product versions) 150 — 150 — Other accessories, services, shipping and miscellaneous charges 531 583 182 194 Total hardware revenue $ 2,637 $ 2,241 $ 1,004 $ 825 Deferred charges relate only to the sale of equipment. Deferred charges activity for the nine months ended September 30, 2023 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY Balance at December 31, 2022 $ 1,694 Additions, net of adjustments, during the period 655 Recognized as COGS (817 ) Balance at September 30, 2023 $ 1,532 Amounts to be recognized as COGS in the twelve-month-period ending: September 30, 2024 $ 890 September 30, 2025 507 September 30, 2026 and thereafter 135 $ 1,532 SCHEDULE OF RECONCILIATION OF COGS EXPENSE Reconciliation of COGS Expense 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, Reconciliation of COGS Expense 2023 2022 2023 2022 Amortization of deferred COGS $ 817 $ 793 $ 277 $ 309 COGS of custom designed units and related accessories 34 — 11 — COGS of hardware sales (new product versions) 66 — 66 — Data costs for monitoring 224 250 76 93 Other COGS of accessories, services, shipping and miscellaneous charges 312 393 107 166 Total COGS expense $ 1,453 $ 1,436 $ 537 $ 568 The following table provides a reconciliation of the Company’s sales commissions contract assets for the nine-month period ended September 30, 2023 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS Hardware Monitoring Total Balance at December 31, 2022 $ 319 $ 80 $ 399 Additions during the period 148 43 191 Amortization of sales commissions (149 ) (27 ) (176 ) Balance at September 30, 2023 $ 318 96 414 The capitalized sales commissions are included in other current assets ($ 218,000 196,000 196,000 203,000 Amounts to be recognized as sales commission expense in the twelve-month-period ending: SCHEDULE OF SALES COMMISSIONS EXPENSE September 30, 2024 $ 218 September 30, 2025 138 September 30, 2026 and thereafter 58 Total $ 414 The contract assets of deferred COGS and deferred sales commissions are subject to review under ASU 2016-13, see Notes 2 and 4; however, no credit losses on contract assets are expected based on the Company’s implementation of ASU 2016-13. Commissions earned from the sales of the new hardware products will be recognized when the product is shipped.

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	NOTE 11— RELATED PARTY BALANCES AND TRANSACTIONS Officer and Director Fees The Company recorded fees to officers of $ 391,000 391,000 131,000 130,000 The Company recorded fees to directors of $ 52,000 44,000 18,000 15,000 Intercompany The intercompany balance due to Acorn from OmniMetrix for amounts loaned, accrued interest and expenses paid by Acorn on OmniMetrix’s behalf was $ 2,928,000 3,677,000 749,000 961,000 134,000 57,000 21,000 During the nine months ended September 30, 2022, the intercompany amount due to Acorn from OmniMetrix decreased by $ 447,000 780,000 134,000 57,000 142,000

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2023
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 consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. As applicable to these unaudited condensed consolidated financial statements, the most significant estimates and assumptions relate to uncertainties with respect to revenue recognition and management’s projections related to the going concern analysis
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 $ 1,749,000 10 11 10 12
Inventory	Inventory Inventories are comprised of components (raw materials), work-in-process and finished goods, which are measured at the lower of cost or net realizable value. Raw materials inventory is generally comprised of radios, cables, antennas, and electrical components. Finished goods inventory consists of fully assembled systems ready for final shipment to the customer. Costs are determined at cost of acquisition on a weighted average basis and include all outside production and applicable shipping costs. All inventories are periodically reviewed to identify slow-moving and obsolete inventory. Management conducted an assessment and wrote-off inventory carried at $ 9,000 1,000
Revenue Recognition	Revenue Recognition On September 1, 2023, OmniMetrix launched an updated version of its products that includes new functionality in its TrueGuard, AIRGuard, Patriot and Hero products that allows its customers to have options as it relates to obtaining and utilizing the data that is provided by its hardware devices. This new functionality allows for SIM card options, configuration options regarding IP address endpoints and DNS routes, and access to OmniMetrix’s over-the-air data protocol. This product update allows customers to have the option to purchase OmniMetrix’s monitoring service, monitor the products themselves if they have the ability in-house, or choose another monitoring provider if they so desire. OmniMetrix’s prior hardware product version could not function as a distinct product from its monitoring services. This new version’s functionality results in OmniMetrix’s hardware and monitoring services being capable of being two distinct products and services. OmniMetrix recognizes revenue, COGS and commissions from the sale of the new version of its hardware products sold when the product is shipped rather than over the estimated time that the unit is in service for the customer. Monitoring revenue continues to be deferred and amortized over the period that the monitoring services are rendered. The remaining balance of deferred revenue from the prior version of these products will continue to be amortized each period until it is fully amortized. The modification to the circuit boards and embedded firmware of hardware enclosures in inventory as of August 31, 2023 were made such that only the new version of these products was sold subsequent to this date.
Basic and Diluted Net Income (Loss) Per Share	Basic and Diluted Net Income (Loss) Per Share Basic net income (loss) per share is computed by dividing the net income (loss) attributable to Acorn Energy, Inc. by the weighted average number of shares outstanding during the period, excluding treasury stock. Diluted net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares outstanding plus the dilutive potential of common shares which would result from the exercise of stock options. The dilutive effects of stock options are excluded from the computation of diluted net income (loss) per share if doing so would be antidilutive. For the nine-month period ending September 30, 2023, the weighted average number of options that were excluded from the computation of diluted net loss, as they had an antidilutive effect, was 6,000 8.49 60,000 6.72 2,187 2.08 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 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, 2023 2022 2023 2022 Net income (loss) available to common stockholders $ 35 $ (556 ) $ 24 $ (210 ) Weighted average share outstanding: Basic 2,484 2,481 2,485 2,481 Add: Stock options 22 — 47 — Diluted 2,506 2,481 2,532 2,481 Basic and diluted net income (loss) per share $ 0.01 $ (0.22 ) $ 0.01 $ (0.08 )
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Other than the pronouncement noted below, there have been no recent accounting pronouncements or changes in accounting standards during the nine-month period ended September 30, 2023 that would affect the Company’s condensed consolidated financial statements. On January 1, 2023, the Company adopted ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This guidance was issued to provide financial statement users with more useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. Specifically, this guidance requires entities to utilize a new “expected loss” model as it relates to trade and other receivables. The adoption of the standard impacts the way the Company estimates the allowance for doubtful accounts on its trade and other receivables. Refer to Note 4, “Allowance for Credit Losses,” for further information regarding the Company’s allowance for expected credit losses.

ACCOUNTING POLICIES (Tables)

ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2023
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 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, 2023 2022 2023 2022 Net income (loss) available to common stockholders $ 35 $ (556 ) $ 24 $ (210 ) Weighted average share outstanding: Basic 2,484 2,481 2,485 2,481 Add: Stock options 22 — 47 — Diluted 2,506 2,481 2,532 2,481 Basic and diluted net income (loss) per share $ 0.01 $ (0.22 ) $ 0.01 $ (0.08 )

ALLOWANCE FOR CREDIT LOSSES (Ta

ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
SCHEDULE OF ALLOWANCES FOR CREDIT LOSSES	The following is a tabular reconciliation of the Company’s allowance for credit losses: SCHEDULE OF ALLOWANCES FOR CREDIT LOSSES September 30, 2023 December 31, 2022 As of September 30, 2023 December 31, 2022 (in thousands) Balance at beginning of period $ 10 $ 6 Provision for credit losses 3 3 Net (charge-offs) credits (6 ) 1 Balance at end of period $ 7 $ 10

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2023
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	SCHEDULE OF INVENTORY September 30, 2023 December 31, 2022 As of September 30, 2023 December 31, 2022 (in thousands) Raw materials $ 859 $ 684 Finished goods 50 105 Inventory net $ 909 $ 789

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2023
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 For the Nine Months Ending September 30, 2023 2022 Cash paid for operating lease liabilities $ 96 $ 93
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 2023 Weighted average remaining lease terms for operating leases 1.99
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS	The table below reconciles the undiscounted future minimum lease payments under non-cancelable lease agreements having initial terms of more than one year to the total operating lease liabilities recognized on the unaudited condensed consolidated balance sheet as of September 30, 2023 (in thousands): SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Year ended September 30, 2024 $ 129 2025 132 Total undiscounted cash flows 261 Less: Imputed interest (11 ) Present value of operating lease liabilities (a) $ 250 (a) Includes current portion of $ 121,000
SCHEDULE OF SUB LEASES	SCHEDULE OF SUB LEASES Year ended September 30, 2024 $ 28 2025 29 Total undiscounted cash flows $ 57

EQUITY (Tables)

EQUITY (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
SCHEDULE OF BLACK-SCHOLES OPTION PRICING ESTIMATE FAIR VALUE	SCHEDULE OF BLACK-SCHOLES OPTION PRICING 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, 2022 58,966 $ 6.71 4.3 $ 16,000 Granted 13,436 5.24 Exercised — — Forfeited or expired (1,280 ) 6.48 Outstanding at September 30, 2023 71,122 $ 6.44 4.2 $ 46,000 Exercisable at September 30, 2023 61,786 $ 6.49 3.9 $ 38,000
SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES	The fair value of the options granted of $ 46,000 SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES Risk-free interest rate 3.9 % Expected term of options 4.1 Expected annual volatility 94.5 % Expected dividend yield — %
SUMMARY OF WARRANT ACTIVITY	The Company previously issued warrants at exercise prices equal to or greater than the 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, 2022 2,187 $ 2.08 2.5 Granted — — Exercised (2,187 ) 2.08 Forfeited or expired — — Outstanding at September 30, 2023 — $ — —

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
SUMMARY OF SEGMENTED DATA	The following tables represent segmented data for the nine-month and three-month periods ended September 30, 2023 and 2022 (in thousands): SUMMARY OF SEGMENTED DATA PG CP Total Nine months ended September 30, 2023: Revenues from external customers $ 4,994 $ 815 $ 5,809 Segment gross profit 3,876 480 4,356 Depreciation and amortization 99 16 115 Segment income (loss) before income taxes $ 891 $ (35 ) $ 856 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 Three months ended September 30, 2023: Revenues from external customers $ 1,798 $ 289 $ 2,087 Segment gross profit 1,381 169 1,550 Depreciation and amortization 36 5 41 Segment income before income taxes $ 361 $ 5 $ 366 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 * Software impairment of $ 51,000 is not related to a specific segment and, thus, is not included in the “Total net income before income taxes for reportable segments” for the nine months ended September 30, 2022
SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS	Reconciliation of Segment Income (Loss) to Consolidated Net Income (Loss) Before Income Taxes SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, 2023 2022 2023 2022 Total net income before income taxes for reportable segments $ 856 $ 237 $ 366 $ 20 Unallocated software impairment (51 ) Unallocated cost of corporate headquarters (814 ) (741 ) (339 ) (230 ) Consolidated net income (loss) before income taxes $ 42 $ (555 ) $ 27 $ (210 )

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
SCHEDULE OF DISAGGREGATES OF REVENUE	The following table disaggregates the Company’s revenue for the nine-month and three-month periods ended September 30, 2023 and 2022 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE Hardware Monitoring Total Nine months ended September 30, 2023: PG Segment $ 2,017 $ 2,977 $ 4,994 CP Segment 620 195 815 Total Revenue $ 2,637 $ 3,172 $ 5,809 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 Three months ended September 30, 2023: PG Segment $ 780 $ 1,018 $ 1,798 CP Segment 224 65 289 Total Revenue $ 1,004 $ 1,083 $ 2,087 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
SCHEDULE OF DEFERRED REVENUE ACTIVITY	Deferred revenue activity for the nine months ended September 30, 2023 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY Hardware Monitoring Total Balance at December 31, 2022 $ 3,751 $ 2,420 $ 6,171 Additions during the period 1,597 3,436 5,033 Recognized as revenue (1,821 ) (3,172 ) (4,993 ) Balance at September 30, 2023 $ 3,527 $ 2,684 $ 6,211 Amounts to be recognized as revenue in the twelve-month-period ending: September 30, 2024 $ 2,023 $ 2,247 $ 4,270 September 30, 2025 1,179 433 1,612 September 30, 2026 and thereafter 325 4 329 $ 3,527 $ 2,684 $ 6,211
SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE	SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE Reconciliation of Hardware Revenue 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, Reconciliation of Hardware Revenue 2023 2022 2023 2022 Amortization of deferred revenue $ 1,821 $ 1,658 $ 629 $ 631 Sales of custom designed units and related accessories 135 — 43 — Hardware sales (new product versions) 150 — 150 — Other accessories, services, shipping and miscellaneous charges 531 583 182 194 Total hardware revenue $ 2,637 $ 2,241 $ 1,004 $ 825
SCHEDULE OF DEFERRED CHARGES ACTIVITY	Deferred charges relate only to the sale of equipment. Deferred charges activity for the nine months ended September 30, 2023 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY Balance at December 31, 2022 $ 1,694 Additions, net of adjustments, during the period 655 Recognized as COGS (817 ) Balance at September 30, 2023 $ 1,532 Amounts to be recognized as COGS in the twelve-month-period ending: September 30, 2024 $ 890 September 30, 2025 507 September 30, 2026 and thereafter 135 $ 1,532
SCHEDULE OF RECONCILIATION OF COGS EXPENSE	SCHEDULE OF RECONCILIATION OF COGS EXPENSE Reconciliation of COGS Expense 2023 2022 2023 2022 Nine months ended September 30, Three months ended September 30, Reconciliation of COGS Expense 2023 2022 2023 2022 Amortization of deferred COGS $ 817 $ 793 $ 277 $ 309 COGS of custom designed units and related accessories 34 — 11 — COGS of hardware sales (new product versions) 66 — 66 — Data costs for monitoring 224 250 76 93 Other COGS of accessories, services, shipping and miscellaneous charges 312 393 107 166 Total COGS expense $ 1,453 $ 1,436 $ 537 $ 568
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, 2023 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS Hardware Monitoring Total Balance at December 31, 2022 $ 319 $ 80 $ 399 Additions during the period 148 43 191 Amortization of sales commissions (149 ) (27 ) (176 ) Balance at September 30, 2023 $ 318 96 414
SCHEDULE OF SALES COMMISSIONS EXPENSE	Amounts to be recognized as sales commission expense in the twelve-month-period ending: SCHEDULE OF SALES COMMISSIONS EXPENSE September 30, 2024 $ 218 September 30, 2025 138 September 30, 2026 and thereafter 58 Total $ 414

BASIS OF PRESENTATION (Details

BASIS OF PRESENTATION (Details Narrative)	Sep. 05, 2023 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reverse stock split	1-for-16 reverse stock split
Shares repurchased	$ 347

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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Accounting Policies [Abstract]
Net income (loss) available to common stockholders		$ 24	$ (210)	$ 35	$ (556)
Weighted average share outstanding:
Basic	[1]	2,485	2,481	2,484	2,481
Add: Stock options		47	0	22	0
Diluted	[1]	2,532	2,481	2,506	2,481
Basic net income (loss) per share	[1]	$ 0.01	$ (0.08)	$ 0.01	$ (0.22)
Diluted net income (loss) per share	[1]	$ 0.01	$ (0.08)	$ 0.01	$ (0.22)
[1]Includes effects of a 1-for-16 reverse stock split.

ACCOUNTING POLICIES (Details Na

ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Product Information [Line Items]
Deposits assets	$ 1,749,000		$ 1,749,000
Inventory write-off	$ 1,000		$ 9,000
Stock Options [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount		2,187	6,000	60,000
Weighted average exercise price		2.08	8.49	6.72
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Product Information [Line Items]
Concentration risk percentage	10%		11%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Product Information [Line Items]
Concentration risk percentage					12%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Two Customer [Member]
Product Information [Line Items]
Concentration risk percentage			10%

LIQUIDITY (Details Narrative)

LIQUIDITY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Nov. 07, 2023	Dec. 31, 2022
Subsequent Event [Line Items]
Cash	$ 1,749,000
Working capital	513,000
Deferred revenue	4,270,000			$ 3,984,000
Net increase (decrease) in cash	299,000	$ (598,000)
Operating activities	366,000	(311,000)
Investing activities	72,000	292,000
Financing activities	$ 5,000	$ 5,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Cash			$ 1,684,000

SCHEDULE OF ALLOWANCES FOR CRED

SCHEDULE OF ALLOWANCES FOR CREDIT LOSSES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Receivables [Abstract]
Balance at beginning of period	$ 10	$ 6
Provision for credit losses	3	3
Net (charge-offs) credits	(6)	1
Balance at end of period	$ 7	$ 10

ALLOWANCE FOR CREDIT LOSSES (De

ALLOWANCE FOR CREDIT LOSSES (Details Narrative)	Sep. 30, 2023 USD ($)
Receivables [Abstract]
Gross receivables	$ 590,000
Allowances for credit losses	$ 7,000

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 859	$ 684
Finished goods	50	105
Inventory net	$ 909	$ 789

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 9,000	$ 9,000	$ 4,000
Inventory write off	$ 1,000	$ 9,000

SCHEDULE OF SUPPLEMENTAL CASH F

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Leases
Cash paid for operating lease liabilities	$ 96	$ 93

SCHEDULE OF SUPPLEMENTAL BALANC

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES (Details)	Sep. 30, 2023
Leases
Weighted average remaining lease terms for operating leases	1 year 11 months 26 days

SCHEDULE OF FUTURE MINIMUM LEAS

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Leases
2024	$ 129
2025	132
Total undiscounted cash flows	261
Less: Imputed interest	(11)
Present value of operating lease liabilities	$ 250	[1]
[1]Includes current portion of $ 121,000

SCHEDULE OF FUTURE MINIMUM LE_2

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Leases
Operating leases current portion	$ 121	$ 116

SCHEDULE OF SUB LEASES (Details

SCHEDULE OF SUB LEASES (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Leases
2024	$ 28
2025	29
Total undiscounted cash flows	$ 57

LEASES (Details Narrative)

LEASES (Details Narrative)			1 Months Ended	3 Months Ended		9 Months Ended
		Jul. 06, 2021 USD ($) ft²	Apr. 30, 2019	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease discount rate				4.50%		4.50%
Operating lease payments	[1]			$ 250,000		$ 250,000
Sublease payment		$ 2,375
Estimated sublease payments		6,100
Annual service cost		$ 2,220
King Industrial Reality Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Office and production space | ft²		1,900
King Industrial Realty Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Office and production space | ft²		21,000
Operating Lease Agreements [Member] | Omni Metrix Holdings, Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease description			The office equipment lease was entered into in April 2019 and has a sixty-month term
Operating lease payments				$ 33,000	$ 31,000	$ 96,000	$ 93,000
[1]Includes current portion of $ 121,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	9 Months Ended
	Sep. 30, 2023 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease obligations payable	$ 250,000	[1]
Master Services Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease obligations payable	250,000
Operating leases and contractual services	15,000
Commitment payable	$ 603,000
[1]Includes current portion of $ 121,000

SCHEDULE OF BLACK-SCHOLES OPTIO

SCHEDULE OF BLACK-SCHOLES OPTION PRICING ESTIMATE FAIR VALUE (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Equity [Abstract]
Number of Options (in shares), Outstanding at beginning of year	58,966
Weighted Average Exercise Price Per Share, Outstanding at beginning of year	$ 6.71
Weighted average remaining contractual life at end	4 years 2 months 12 days	4 years 3 months 18 days
Aggregate intrinsic value at beginning of year	$ 16,000
Number of Options (in shares), Granted	13,436
Weighted Average Exercise Price Per Share, Granted	$ 5.24
Number of Options (in shares), Exercised
Weighted Average Exercise Price Per Share, Exercised
Number of Options (in shares), Forfeited or expired	(1,280)
Weighted Average Exercise Price Per Share, Forfeited or expired	$ 6.48
Number of Options (in shares), Outstanding at end of year	71,122	58,966
Weighted Average Exercise Price Per Share, Outstanding at end of year	$ 6.44	$ 6.71
Aggregate intrinsic value at end of year	$ 46,000	$ 16,000
Number of Options (in shares), Exercisable at end of year	61,786
Weighted Average Exercise Price Per Share, Exercisable at end of year	$ 6.49
Weighted average remaining contractual life at exercisable at end of year	3 years 10 months 24 days
Aggregate intrinsic value, Exercisable at end of year	$ 38,000

SCHEDULE OF STOCK OPTIONS FAIR

SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES (Details)	9 Months Ended
	Sep. 30, 2023 USD ($)
Equity [Abstract]
Fair value of options granted	$ 46,000
Risk-free interest rate	3.90%
Expected term of options, in years	4 years 1 month 6 days
Expected annual volatility	94.50%
Expected dividend yield

SUMMARY OF WARRANT ACTIVITY (De

SUMMARY OF WARRANT ACTIVITY (Details) - Warrant [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Warrants (in Shares), Outstanding at beginning balance	2,187
Weighted Average Exercise Price Per Share, Outstanding at beginning balance	$ 2.08
Weighted average remaining contractual life at begining		2 months 15 days
Number of Warrants (in Shares), Granted
Weighted Average Exercise Price Per Share, Granted
Number of Warrants (in Shares), Exercised	(2,187)
Weighted Average Exercise Price Per Share, Exercised	$ 2.08
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		2,187
Weighted Average Exercise Price Per Share, Outstanding at end balance		$ 2.08

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)		3 Months Ended		9 Months Ended
	Sep. 05, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stockholders' equity, reverse stock split	1-for-16 reverse stock split
Common stock, shares issued		2,484,791		2,484,791		2,482,604
Common stock, shares outstanding		2,484,791		2,484,791		2,482,604
Common stock, par value		$ 0.01		$ 0.01		$ 0.01
Number of options granted during period				13,436
Intrinsic value of options outstanding		$ 46,000		$ 46,000		$ 16,000
Intrinsic value of options exercisable		38,000		38,000
Compensation cost, non-vested awards not yet recognized		17,000	$ 43,000	17,000	$ 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	$ 16,000	46,000	$ 69,000
Options Held [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Intrinsic value of options outstanding		38,000		38,000
Intrinsic value of options exercisable		$ 38,000		$ 38,000
Share-Based Payment Arrangement, Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period				1,562
Share-Based Payment Arrangement, Nonemployee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period		0		0
Non-Employee Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period		0		13,436
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period				3,437
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period				2,187
Chief Financial Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period				6,250
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		77,540		77,540

SUMMARY OF SEGMENTED DATA (Deta

SUMMARY OF SEGMENTED DATA (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Revenue from external customers	$ 2,087	$ 1,783	$ 5,809	$ 5,155
Segment gross profit	1,550	1,215	4,356	3,719
Depreciation and amortization	41	36	115	85
Segment income (loss) before income taxes	366	20	856	237	[1]
PG [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	1,798	1,510	4,994	4,335
Segment gross profit	1,381	1,092	3,876	3,256
Depreciation and amortization	36	31	99	72
Segment income (loss) before income taxes	361	78	891	340	[1]
CP [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	289	273	815	820
Segment gross profit	169	123	480	463
Depreciation and amortization	5	5	16	13
Segment income (loss) before income taxes	$ 5	$ (58)	$ (35)	$ (103)	[1]
[1]Software impairment of $ 51,000

SUMMARY OF SEGMENTED DATA (De_2

SUMMARY OF SEGMENTED DATA (Details) (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Property, Plant and Equipment [Line Items]
Asset Impairment Charges	$ 9	$ 31
Software [Member]
Property, Plant and Equipment [Line Items]
Asset Impairment Charges		$ 51,000

SCHEDULE OF RECONCILIATION OF S

SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting [Abstract]
Total net income before income taxes for reportable segments	$ 366	$ 20	$ 856	$ 237
Unallocated software impairment				(51)
Unallocated cost of corporate headquarters	(339)	(230)	(814)	(741)
Consolidated net income (loss) before income taxes	$ 27	$ (210)	$ 42	$ (555)

SCHEDULE OF DISAGGREGATES OF RE

SCHEDULE OF DISAGGREGATES OF REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenue	$ 2,087	$ 1,783	$ 5,809	$ 5,155
PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,798	1,510	4,994	4,335
CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	289	273	815	820
Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,004	825	2,637	2,241
Hardware [Member] | PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	780	608	2,017	1,610
Hardware [Member] | CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	224	217	620	631
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,083	958	3,172	2,914
Monitoring [Member] | PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,018	902	2,977	2,725
Monitoring [Member] | CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 65	$ 56	$ 195	$ 189

SCHEDULE OF DEFERRED REVENUE AC

SCHEDULE OF DEFERRED REVENUE ACTIVITY (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Disaggregation of Revenue [Line Items]
Balance at December 31, 2022	$ 6,171
Additions during the period	5,033
Recognized as revenue	(4,993)
Balance at September 30, 2023	6,211
September 30, 2024	4,270
September 30, 2025	1,612
September 30, 2026 and thereafter	329
Total	6,211
Hardware [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2022	3,751
Additions during the period	1,597
Recognized as revenue	(1,821)
Balance at September 30, 2023	3,527
September 30, 2024	2,023
September 30, 2025	1,179
September 30, 2026 and thereafter	325
Total	3,527
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2022	2,420
Additions during the period	3,436
Recognized as revenue	(3,172)
Balance at September 30, 2023	2,684
September 30, 2024	2,247
September 30, 2025	433
September 30, 2026 and thereafter	4
Total	$ 2,684

SCHEDULE OF RECONCILIATION OF H

SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 2,087	$ 1,783	$ 5,809	$ 5,155
Hardware [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,004	825	2,637	2,241
Hardware [Member] | Amortization [Member]
Disaggregation of Revenue [Line Items]
Revenue	629	631	1,821	1,658
Hardware [Member] | Sales of Custom Designed Units [Member]
Disaggregation of Revenue [Line Items]
Revenue	43		135
Hardware [Member] | Hardware Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue	150		150
Hardware [Member] | Other Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 182	$ 194	$ 531	$ 583

SCHEDULE OF DEFERRED CHARGES AC

SCHEDULE OF DEFERRED CHARGES ACTIVITY (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Balance at December 31, 2022	$ 1,694
Additions, net of adjustments, during the period	655
Recognized as COGS	(817)
Balance at September 30, 2023	1,532
September 30, 2024	890
September 30, 2025	507
September 30, 2026 and thereafter	135
Total	$ 1,532

SCHEDULE OF RECONCILIATION OF C

SCHEDULE OF RECONCILIATION OF COGS EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 2,087	$ 1,783	$ 5,809	$ 5,155
COGS [Member]
Disaggregation of Revenue [Line Items]
Revenue	537	568	1,453	1,436
COGS [Member] | Amortization [Member]
Disaggregation of Revenue [Line Items]
Revenue	277	309	817	793
COGS [Member] | COGS of Custom Designed Units [Member]
Disaggregation of Revenue [Line Items]
Revenue	11		34
COGS [Member] | COGS of Hardware Sales [Member]
Disaggregation of Revenue [Line Items]
Revenue	66		66
COGS [Member] | COGS Data Costs [Member]
Disaggregation of Revenue [Line Items]
Revenue	76	93	224	250
COGS [Member] | Other COGS Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 107	$ 166	$ 312	$ 393

SCHEDULE OF SALES COMMISSIONS C

SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Disaggregation of Revenue [Line Items]
Balance at December 31, 2022	$ 399
Additions during the period	191
Amortization of sales commissions	(176)
Balance at September 30, 2023	414
Hardware [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2022	319
Additions during the period	148
Amortization of sales commissions	(149)
Balance at September 30, 2023	318
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2022	80
Additions during the period	43
Amortization of sales commissions	(27)
Balance at September 30, 2023	$ 96

SCHEDULE OF SALES COMMISSIONS E

SCHEDULE OF SALES COMMISSIONS EXPENSE (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
September 30, 2024	$ 218
September 30, 2025	138
September 30, 2026 and thereafter	58
Total	$ 414

REVENUE (Details Narrative)

REVENUE (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Other current assets	$ 343,000	$ 288,000
Capitalized Sales Commissions [Member]
Disaggregation of Revenue [Line Items]
Other current assets	218,000	196,000
Other assets	196,000	$ 203,000
Hardware [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue recognized	1,469,000
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue recognized	$ 1,890,000

RELATED PARTY BALANCES AND TR_2

RELATED PARTY BALANCES AND TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Officer [Member]
Related Party Transaction [Line Items]
Officer and Director fees	$ 131,000	$ 130,000	$ 391,000	$ 391,000
Director [Member]
Related Party Transaction [Line Items]
Officer and Director fees	18,000	$ 15,000	52,000	44,000
Related Party [Member]
Related Party Transaction [Line Items]
Accrued interest and expenses	$ 2,928,000		2,928,000		$ 3,677,000
Related party expenses paid			21,000	142,000
OmniMetrix, LLC [Member]
Related Party Transaction [Line Items]
Decrease in related parties			749,000	447,000
Debt repayment			961,000	780,000
Interest			134,000	134,000
Dividends			$ 57,000	$ 57,000