Acorn Energy (ACFN) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - $ / shares	9 Months Ended
	Sep. 30, 2024	Nov. 05, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
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	770
Local Phone Number	209-0012
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		2,488,318
Entity Listing, Par Value Per Share	$ 0.01

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash	$ 2,153,000	$ 1,449,000
Accounts receivable, net	894,000	536,000
Inventory, net	659,000	962,000
Deferred cost of goods sold (COGS)	507,000	809,000
Other current assets	318,000	280,000
Total current assets	4,531,000	4,036,000
Property and equipment, net	527,000	570,000
Right-of-use assets, net	112,000	193,000
Deferred COGS	134,000	476,000
Other assets	99,000	174,000
Total assets	5,403,000	5,449,000
Current liabilities:
Accounts payable	313,000	288,000
Accrued expenses	202,000	132,000
Deferred revenue	3,572,000	4,034,000
Current operating lease liabilities	129,000	123,000
Other current liabilities	38,000	30,000
Total current liabilities	4,254,000	4,607,000
Long-term liabilities:
Deferred revenue	812,000	1,550,000
Noncurrent operating lease liabilities		98,000
Other long-term liabilities	23,000	20,000
Total liabilities	5,089,000	6,275,000
Commitments and contingencies (Note 7)
Acorn Energy, Inc. stockholders
Common stock - $0.01 par value per share: 42,000,000 shares authorized, 2,537,485 and 2,534,969 shares issued at September 30, 2024 and December 31, 2023, respectively, and 2,487,307 and 2,484,791 shares outstanding at September 30, 2024 and December 31, 2023, respectively	25,000	25,000
Additional paid-in capital	103,386,000	103,321,000
Accumulated stockholders’ deficit	(100,087,000)	(101,148,000)
Treasury stock, at cost – 50,178 shares at September 30, 2024 and December 31, 2023	(3,036,000)	(3,036,000)
Total Acorn Energy, Inc. stockholders’ equity (deficit)	288,000	(838,000)
Non-controlling interest	26,000	12,000
Total equity (deficit)	314,000	(826,000)
Total liabilities and equity (deficit)	$ 5,403,000	$ 5,449,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
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	2,537,485	2,534,969
Common stock, shares outstanding	2,487,307	2,484,791
Treasury stock, common 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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue	$ 3,050	$ 2,087	$ 7,457	$ 5,809
COGS	863	537	2,014	1,453
Gross profit	2,187	1,550	5,443	4,356
Operating expenses:
Research and development expense (R&D)	234	212	698	614
Selling, general and administrative (SG&A) expense	1,197	1,330	3,653	3,746
Total operating expenses	1,431	1,542	4,351	4,360
Operating income (loss)	756	8	1,092	(4)
Interest income, net	20	19	53	46
Income before income taxes	776	27	1,145	42
Income tax expense	42		67
Net income	734	27	1,078	42
Non-controlling interest share of income	(9)	(3)	(17)	(7)
Net income attributable to Acorn Energy, Inc. stockholders	$ 725	$ 24	$ 1,061	$ 35
Basic and diluted net income per share attributable to Acorn Energy, Inc stockholders – basic and diluted
Basic	$ 0.29	$ 0.01	$ 0.43	$ 0.01
Diluted	$ 0.29	$ 0.01	$ 0.42	$ 0.01
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – basic and diluted
Basic	2,487	2,485	2,487	2,484
Diluted	2,511	2,532	2,504	2,506

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity (Deficit) (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]		Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock, Common [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balances at Dec. 31, 2022	$ 25		$ 103,261	$ (101,267)	$ (3,036)	$ (1,017)	$ 6	$ (1,011)
Balance, shares at Dec. 31, 2022	2,483,000				50,000
Net income (loss)				(85)		(85)	1	(84)
Proceeds from warrant exercise		[1]	5			5		5
Proceeds from warrant exercise, shares	2,000
Accrued dividend in OmniMetrix preferred shares							(1)	(1)
Stock-based compensation			17			17		17
Balances at Mar. 31, 2023	$ 25		103,283	(101,352)	$ (3,036)	(1,080)	6	(1,074)
Balance, shares at Mar. 31, 2023	2,485,000				50,000
Balances at Dec. 31, 2022	$ 25		103,261	(101,267)	$ (3,036)	(1,017)	6	(1,011)
Balance, shares at Dec. 31, 2022	2,483,000				50,000
Net income (loss)								42
Balances at Sep. 30, 2023	$ 25		103,312	(101,232)	$ (3,036)	(931)	10	(921)
Balance, shares at Sep. 30, 2023	2,485,000				50,000
Balances at Mar. 31, 2023	$ 25		103,283	(101,352)	$ (3,036)	(1,080)	6	(1,074)
Balance, shares at Mar. 31, 2023	2,485,000				50,000
Net income (loss)				96		96	3	99
Accrued dividend in OmniMetrix preferred shares							(1)	(1)
Stock-based compensation			13			13		13
Balances at Jun. 30, 2023	$ 25		103,296	(101,256)	$ (3,036)	(971)	8	(963)
Balance, shares at Jun. 30, 2023	2,485,000				50,000
Net income (loss)				24		24	3	27
Accrued dividend in OmniMetrix preferred shares							(1)	(1)
Stock-based compensation			16			16		16
Balances at Sep. 30, 2023	$ 25		103,312	(101,232)	$ (3,036)	(931)	10	(921)
Balance, shares at Sep. 30, 2023	2,485,000				50,000
Balances at Dec. 31, 2023	$ 25		103,321	(101,148)	$ (3,036)	(838)	12	(826)
Balance, shares at Dec. 31, 2023	2,484,000				50,000
Net income (loss)				65		65	3	68
Proceeds from stock option exercise		[1]	13			13		13
Proceeds from stock option exercise, shares	3,000
Accrued dividend in OmniMetrix preferred shares							(1)	(1)
Stock-based compensation			27			27		27
Balances at Mar. 31, 2024	$ 25		103,361	(101,083)	$ (3,036)	(733)	14	(719)
Balance, shares at Mar. 31, 2024	2,487,000				50,000
Balances at Dec. 31, 2023	$ 25		103,321	(101,148)	$ (3,036)	(838)	12	(826)
Balance, shares at Dec. 31, 2023	2,484,000				50,000
Net income (loss)								$ 1,078
Proceeds from stock option exercise, shares								2,812
Balances at Sep. 30, 2024	$ 25		103,386	(100,087)	$ (3,036)	288	26	$ 314
Balance, shares at Sep. 30, 2024	2,487,000				50,000
Balances at Mar. 31, 2024	$ 25		103,361	(101,083)	$ (3,036)	(733)	14	(719)
Balance, shares at Mar. 31, 2024	2,487,000				50,000
Net income (loss)				271		271	5	276
Accrued dividend in OmniMetrix preferred shares							(1)	(1)
Stock-based compensation			11			11		11
Balances at Jun. 30, 2024	$ 25		103,372	(100,812)	$ (3,036)	(451)	18	(433)
Balance, shares at Jun. 30, 2024	2,487,000				50,000
Net income (loss)				725		725	9	734
Accrued dividend in OmniMetrix preferred shares							(1)	(1)
Stock-based compensation			14			14		14
Balances at Sep. 30, 2024	$ 25		$ 103,386	$ (100,087)	$ (3,036)	$ 288	$ 26	$ 314
Balance, shares at Sep. 30, 2024	2,487,000				50,000
[1]Less than $1.

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows provided by operating activities:
Net income	$ 1,078	$ 42
Depreciation and amortization	91	115
(Decrease) increase in the provision for credit loss	(7)	3
Impairment of inventory	21	9
Non-cash lease expense	97	96
Stock-based compensation	52	46
Change in operating assets and liabilities:
(Increase) decrease in accounts receivable	(351)	11
Decrease (increase) in inventory	282	(129)
Decrease in deferred COGS	644	162
Decrease (increase) in other current assets and other assets	37	(49)
(Decrease) increase in deferred revenue	(1,200)	40
Decrease in operating lease liability	(108)	(104)
Increase in accounts payable, accrued expenses, other current liabilities and non-current liabilities	103	124
Net cash provided by operating activities	739	366
Cash flows used in investing activities:
Investments in technology	(44)	(70)
Equipment purchases	(4)	(2)
Net cash used in investing activities	(48)	(72)
Cash flows provided by financing activities:
Stock option exercise proceeds	13
Warrant exercise proceeds		5
Net cash provided by financing activities	13	5
Net increase in cash	704	299
Cash at the beginning of the period	1,449	1,450
Cash at the end of the period	2,153	1,749
Cash paid during the period for:
Interest	1	2
Income Taxes	2
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, 2024
Accounting Policies [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. The December 31, 2023 consolidated balance sheet data were derived from audited financial statements but do not include all disclosures required by accounting principles generally accepted in the United States of America. 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, 2024 and 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. All dollar amounts, except per share data, 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, 2023, filed with the Securities and Exchange Commission on March 7, 2024. 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-16 347

ACCOUNTING POLICIES

ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
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. 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 $ 2,153,000 12 26 37 25 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 conducts an assessment at the end of each reporting period of the Company’s inventory reserve and writes off any inventory items that are deemed obsolete. Revenue Recognition The Company’s revenue recognition policy is consistent with applicable revenue recognition guidance and interpretations. The core principle of Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, is to recognize revenue when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASC 606 defines a five-step process to achieve this core principle, which includes: (1) identifying contracts with customers, (2) identifying performance obligations within those contracts, (3) determining the transaction price, (4) allocating the transaction price to the performance obligation in the contract, which may include an estimate of variable consideration, and (5) recognizing revenue when or as each performance obligation is satisfied. The Company assesses whether payment terms are customary or extended in accordance with normal practice relative to the market in which the sale is occurring. The Company’s sales arrangements generally include standard payment terms. These terms effectively relate to all customers, products, and arrangements regardless of customer type, product mix or arrangement size. See Note 10, Revenue, for further discussion. Revenue from sales of the hardware products that are distinct products are recorded when shipped while the revenue from sales of the hardware products (product versions sold prior to September 1, 2023) that were not separable from the Company’s monitoring services was deferred and amortized over the estimated unit life. Revenue from the prepayment of monitoring fees (generally paid twelve months in advance) is recorded as deferred revenue upon receipt of payment from the customer and then amortized to revenue over the monitoring service period. See Notes 9 and 10 for the disaggregation of the Company’s revenue for the periods presented. Any sales tax, value added tax, and other tax the Company collects concurrent with revenue producing activities are excluded from revenue. Income Taxes The Company is subject to U.S. federal income tax and income taxes imposed in the state and local jurisdictions where it operates its businesses. Deferred income taxes are determined using the balance sheet approach. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which these temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in the tax rates is recognized in income in the period that includes the enactment date. In addition, a valuation allowance is established to reduce any deferred tax asset for which it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized. The assessment of the realization of deferred tax assets is subject to significant judgement and the Company evaluates its deferred tax assets for realizability at each reporting period. The Company’s deferred tax assets consist primarily of net operating loss carryforwards which may be able to be utilized against taxable income, however the changes in ownership may limit the ability to fully utilize loss carryforwards under Internal Revenue Code Section 382. The Company intends to perform a study to determine what portion of its deferred tax assets may be subject to annual limitation due to the tax law limitations and complete this analysis in the fourth quarter of 2024. The income tax expense in the nine- and three- month periods ended September 30, 2024 represents the tax by various states on the 2023 income of OmniMetrix. The Company identifies and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is a less than more-likely-than-not probability of the position being upheld when reviewed by the relevant taxing authority. Such positions are deemed to be unrecognized tax benefits, and a corresponding liability is established on the balance sheet. The Company has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Company would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company’s tax years subject to examination based on the statute of limitations is generally three years; however, the tax authorities may examine records and other evidence from the year the net operating loss was generated when the Company utilizes net operating loss carryforwards in future periods. Basic and Diluted Net Income Per Share Basic net income per share is computed by dividing the net income attributable to Acorn Energy, Inc. by the weighted average number of shares outstanding during the period, excluding treasury stock. Diluted net income per share is computed by dividing the net 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. The dilutive effects of stock options are excluded from the computation of diluted net income per share if doing so would be antidilutive. For the nine-month period ending September 30, 2024, the weighted average number of options that were excluded from the computation of diluted net income, as they had an antidilutive effect, was 17,000 9.09 15,000 9.17 6,000 8.49 no The following table represents the amounts used in computing earnings per share and the effect on net income and the weighted average number of potential dilutive shares of common stock (as adjusted to account for the September 2023 1-for-16 reverse stock split) and is in thousands, except per share data: SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, 2024 2023 2024 2023 Net income attributable to common stockholders $ 1,061 $ 35 $ 725 $ 24 Weighted average shares outstanding: Basic 2,487 2,484 2,487 2,485 Add: Stock options 17 22 24 47 Diluted 2,504 2,506 2,511 2,532 Basic net income per share $ 0.43 $ 0.01 $ 0.29 $ 0.01 Diluted net income per share $ 0.42 $ 0.01 $ 0.29 $ 0.01 Recent Accounting Pronouncements In November 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires additional disclosures of income tax components that affect the rate reconciliation and income taxes paid, broken out by the applicable taxing jurisdictions. The Company expects to adopt this ASU for the annual period beginning on January 1, 2025, and does not expect a material impact on the consolidated financial statements.

LIQUIDITY

LIQUIDITY	9 Months Ended
	Sep. 30, 2024
Liquidity
LIQUIDITY	NOTE 3— LIQUIDITY As of September 30, 2024, the Company had $ 2,153,000 At September 30, 2024, the Company had working capital of $ 277,000 2,153,000 3,572,000 1,200,000 5,584,000 4,384,000 704,000 739,000 48,000 13,000 As of November 5, 2024, the Company had cash of $ 2,087,000

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2024
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, 2024, the Company had gross receivables of $ 900,000 6,000 The following is a tabular reconciliation of the Company’s allowance for credit losses: SCHEDULE OF ALLOWANCES FOR CREDIT LOSSES September 30, 2024 December 31, 2023 As of September 30, 2024 December 31, 2023 (in thousands) Balance at beginning of period $ 10 $ 10 Provision for credit losses adjustment (7 ) 2 Net credits (charge-offs) 3 (2 ) Balance at end of period $ 6 $ 10

INVENTORY

INVENTORY	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
INVENTORY	NOTE 5— INVENTORY SCHEDULE OF INVENTORY September 30, 2024 December 31, 2023 As of September 30, 2024 December 31, 2023 (in thousands) Raw materials $ 586 $ 904 Finished goods 73 58 Inventory net $ 659 $ 962 At September 30, 2024 and December 31, 2023, the Company’s inventory reserve was $ 11,000 8,000

LEASES

LEASES	9 Months Ended
	Sep. 30, 2024
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 97,000 96,000 33,000 33,000 4.5 129,000 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, 2024 2023 Cash paid for operating lease liabilities $ 97 $ 96 Supplemental balance sheet information related to leases consisted of the following: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES As of September 30, 2024 Weighted average remaining lease terms for operating leases 1 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, 2024 (in thousands): SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Year ended September 30, 2025 $ 132 Total undiscounted cash flows 132 Less: Imputed interest (3 ) Present value of operating lease liabilities (a) $ 129 (a) The total amount represents the current portion of $ 129,000 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 0 16,000 16,000 2,000 2,000 SCHEDULE OF SUBLEASES Total undiscounted cash flows - sublease: Year ended September 30, 2025 $ 29

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7— COMMITMENTS AND CONTINGENCIES The Company has $ 129,000 496,000 240,000 196,000 60,000 757,000 581,000

STOCKHOLDERS_ EQUITY (DEFICIT)

STOCKHOLDERS’ EQUITY (DEFICIT)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY (DEFICIT)	NOTE 8— STOCKHOLDERS’ EQUITY (DEFICIT) (a) General At September 30, 2024, Acorn had 2,537,485 2,487,307 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, 2024, 69,973 7,900 No 2,500 2,200 2,200 1,000 no During the nine- and three-month periods ended September 30, 2024, 2,812 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, 2023 71,893 $ 6.41 3.8 $ 40,000 Granted 7,900 6.08 Exercised (2,812 ) 5.12 Forfeited or expired (1,104 ) 5.67 Outstanding at September 30, 2024 75,877 $ 6.43 3.5 $ 251,000 Exercisable at September 30, 2024 69,341 $ 6.47 3.3 $ 227,000 The fair value of the options granted of $ 47,000 SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES Risk-free interest rate 3.9 % Expected term of options 4.9 Expected annual volatility 194.1 % Expected dividend yield — % (c) Stock-based Compensation Expense Stock-based compensation expense included in selling, general, and administrative expense in the Company’s unaudited condensed consolidated statements of operations was $ 52,000 46,000 14,000 16,000 The total compensation cost related to non-vested awards not yet recognized was $ 17,000 17,000

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 9— SEGMENT REPORTING As of September 30, 2024, the Company operates in two ● 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, 2024 and 2023 (in thousands): SUMMARY OF SEGMENTED DATA PG CP Total Nine months ended September 30, 2024: Revenues from external customers $ 6,681 $ 776 $ 7,457 Segment gross profit $ 4,988 $ 455 $ 5,443 Depreciation and amortization $ 81 $ 10 $ 91 Segment income before income taxes $ 1,902 $ 13 $ 1,915 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 Three months ended September 30, 2024: Revenues from external customers $ 2,826 $ 224 $ 3,050 Segment gross profit $ 2,054 $ 133 $ 2,187 Depreciation and amortization $ 30 $ 3 $ 33 Segment income before income taxes $ 966 $ 46 $ 1,012 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 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 to Consolidated Net Income Before Income Taxes SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, 2024 2023 2024 2023 Total net income before income taxes for reportable segments $ 1,915 $ 856 $ 1,012 $ 366 Unallocated cost of corporate headquarters (770 ) (814 ) (236 ) (339 ) Consolidated net income (before income taxes $ 1,145 $ 42 $ 776 $ 27

REVENUE

REVENUE	9 Months Ended
	Sep. 30, 2024
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, 2024 and 2023 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE Hardware Monitoring Total Nine months ended September 30, 2024: PG Segment $ 3,517 $ 3,164 $ 6,681 CP Segment 590 186 776 Total Revenue $ 4,107 $ 3,350 $ 7,457 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 Three months ended September 30, 2024: PG Segment $ 1,750 $ 1,076 $ 2,826 CP Segment 162 62 224 Total Revenue $ 1,912 $ 1,138 $ 3,050 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 See Concentrations of Credit Risk Deferred revenue activity for the nine months ended September 30, 2024 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY Hardware Monitoring Total Balance at December 31, 2023 $ 2,965 $ 2,619 $ 5,584 Additions during the period — 3,613 3,613 Recognized as revenue (1,463 ) (3,350 ) (4,813 ) Balance at September 30, 2024 $ 1,502 $ 2,882 $ 4,384 Amounts to be recognized as revenue in the twelve-month period ending: September 30, 2025 $ 1,178 $ 2,394 $ 3,572 September 30, 2026 324 485 809 September 30, 2027 and thereafter — 3 3 Total $ 1,502 $ 2,882 $ 4,384 The amount of hardware revenue recognized during the nine months ended September 30, 2024 that was included in deferred revenue at the beginning of the fiscal year was $ 1,463,000 2,081,000 The following table provides a reconciliation of the Company’s hardware revenue for the nine- and three-month periods ended September 30, 2024 and 2023 (in thousands): SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE Reconciliation of Hardware Revenue 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, Reconciliation of Hardware Revenue 2024 2023 2024 2023 Amortization of deferred revenue $ 1,463 $ 1,821 $ 436 $ 629 Sales of custom designed units and related accessories — 135 — 43 Hardware sales (new product versions) 2,297 150 1,342 150 Other accessories, services, shipping and miscellaneous charges 347 531 134 182 Total hardware revenue $ 4,107 $ 2,637 $ 1,912 $ 1,004 Deferred COGS relate only to the sale of equipment. Deferred COGS activity for the nine-month period ended September 30, 2024 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY Balance at December 31, 2023 $ 1,285 Additions, net of adjustments, during the period — Recognized as COGS (644 ) Balance at September 30, 2024 $ 641 Amounts to be recognized as COGS in the twelve-month-period ending: September 30, 2025 $ 507 September 30, 2026 134 September 30, 2027 and thereafter — $ 641 The following table provides a reconciliation of the Company’s COGS expense for the nine- and three-month periods ended September 30, 2024 and 2023 (in thousands): SCHEDULE OF RECONCILIATION OF COGS EXPENSE Reconciliation of COGS Expense 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, Reconciliation of COGS Expense 2024 2023 2024 2023 Amortization of deferred COGS $ 644 $ 817 $ 193 $ 277 COGS of custom designed units and related accessories — 34 — 11 COGS of hardware sales (new product versions) 960 66 530 66 Data costs for monitoring 186 224 63 76 Other COGS of accessories, services, shipping and miscellaneous charges 224 312 77 107 Total COGS expense $ 2,014 $ 1,453 $ 863 $ 537 The following table provides a reconciliation of the Company’s sales commissions contract assets for the nine-month period ended September 30, 2024 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS Hardware Monitoring Total Balance at December 31, 2023 $ 268 $ 96 $ 364 Additions during the period — 35 35 Amortization of sales commissions (130 ) (33 ) (163 ) Balance at September 30, 2024 $ 138 98 236 The capitalized sales commissions are included in other current assets ($ 150,000 86,000 202,000 162,000 Amounts to be recognized as sales commission expense in the twelve-month-period ending: SCHEDULE OF SALES COMMISSIONS EXPENSE September 30, 2025 $ 150 September 30, 2026 63 September 30, 2027 and thereafter 23 Total $ 236

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	NOTE 11— RELATED PARTY BALANCES AND TRANSACTIONS Officer and Director Fees The Company recorded consulting service fees to officers of $ 403,000 391,000 134,000 131,000 The Company recorded fees to directors of $ 56,000 52,000 19,000 18,000

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
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.
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 $ 2,153,000 12 26 37 25
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 conducts an assessment at the end of each reporting period of the Company’s inventory reserve and writes off any inventory items that are deemed obsolete.
Revenue Recognition	Revenue Recognition The Company’s revenue recognition policy is consistent with applicable revenue recognition guidance and interpretations. The core principle of Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, is to recognize revenue when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASC 606 defines a five-step process to achieve this core principle, which includes: (1) identifying contracts with customers, (2) identifying performance obligations within those contracts, (3) determining the transaction price, (4) allocating the transaction price to the performance obligation in the contract, which may include an estimate of variable consideration, and (5) recognizing revenue when or as each performance obligation is satisfied. The Company assesses whether payment terms are customary or extended in accordance with normal practice relative to the market in which the sale is occurring. The Company’s sales arrangements generally include standard payment terms. These terms effectively relate to all customers, products, and arrangements regardless of customer type, product mix or arrangement size. See Note 10, Revenue, for further discussion. Revenue from sales of the hardware products that are distinct products are recorded when shipped while the revenue from sales of the hardware products (product versions sold prior to September 1, 2023) that were not separable from the Company’s monitoring services was deferred and amortized over the estimated unit life. Revenue from the prepayment of monitoring fees (generally paid twelve months in advance) is recorded as deferred revenue upon receipt of payment from the customer and then amortized to revenue over the monitoring service period. See Notes 9 and 10 for the disaggregation of the Company’s revenue for the periods presented. Any sales tax, value added tax, and other tax the Company collects concurrent with revenue producing activities are excluded from revenue.
Income Taxes	Income Taxes The Company is subject to U.S. federal income tax and income taxes imposed in the state and local jurisdictions where it operates its businesses. Deferred income taxes are determined using the balance sheet approach. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which these temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in the tax rates is recognized in income in the period that includes the enactment date. In addition, a valuation allowance is established to reduce any deferred tax asset for which it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized. The assessment of the realization of deferred tax assets is subject to significant judgement and the Company evaluates its deferred tax assets for realizability at each reporting period. The Company’s deferred tax assets consist primarily of net operating loss carryforwards which may be able to be utilized against taxable income, however the changes in ownership may limit the ability to fully utilize loss carryforwards under Internal Revenue Code Section 382. The Company intends to perform a study to determine what portion of its deferred tax assets may be subject to annual limitation due to the tax law limitations and complete this analysis in the fourth quarter of 2024. The income tax expense in the nine- and three- month periods ended September 30, 2024 represents the tax by various states on the 2023 income of OmniMetrix. The Company identifies and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is a less than more-likely-than-not probability of the position being upheld when reviewed by the relevant taxing authority. Such positions are deemed to be unrecognized tax benefits, and a corresponding liability is established on the balance sheet. The Company has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Company would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company’s tax years subject to examination based on the statute of limitations is generally three years; however, the tax authorities may examine records and other evidence from the year the net operating loss was generated when the Company utilizes net operating loss carryforwards in future periods.
Basic and Diluted Net Income Per Share	Basic and Diluted Net Income Per Share Basic net income per share is computed by dividing the net income attributable to Acorn Energy, Inc. by the weighted average number of shares outstanding during the period, excluding treasury stock. Diluted net income per share is computed by dividing the net 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. The dilutive effects of stock options are excluded from the computation of diluted net income per share if doing so would be antidilutive. For the nine-month period ending September 30, 2024, the weighted average number of options that were excluded from the computation of diluted net income, as they had an antidilutive effect, was 17,000 9.09 15,000 9.17 6,000 8.49 no The following table represents the amounts used in computing earnings per share and the effect on net income and the weighted average number of potential dilutive shares of common stock (as adjusted to account for the September 2023 1-for-16 reverse stock split) and is in thousands, except per share data: SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, 2024 2023 2024 2023 Net income attributable to common stockholders $ 1,061 $ 35 $ 725 $ 24 Weighted average shares outstanding: Basic 2,487 2,484 2,487 2,485 Add: Stock options 17 22 24 47 Diluted 2,504 2,506 2,511 2,532 Basic net income per share $ 0.43 $ 0.01 $ 0.29 $ 0.01 Diluted net income per share $ 0.42 $ 0.01 $ 0.29 $ 0.01
Recent Accounting Pronouncements	Recent Accounting Pronouncements In November 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires additional disclosures of income tax components that affect the rate reconciliation and income taxes paid, broken out by the applicable taxing jurisdictions. The Company expects to adopt this ASU for the annual period beginning on January 1, 2025, and does not expect a material impact on the consolidated financial statements.

ACCOUNTING POLICIES (Tables)

ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES	The following table represents the amounts used in computing earnings per share and the effect on net income and the weighted average number of potential dilutive shares of common stock (as adjusted to account for the September 2023 1-for-16 reverse stock split) and is in thousands, except per share data: SCHEDULE OF EFFECT ON NET INCOME LOSS AND WEIGHTED AVERAGE NUMBER OF SHARES 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, 2024 2023 2024 2023 Net income attributable to common stockholders $ 1,061 $ 35 $ 725 $ 24 Weighted average shares outstanding: Basic 2,487 2,484 2,487 2,485 Add: Stock options 17 22 24 47 Diluted 2,504 2,506 2,511 2,532 Basic net income per share $ 0.43 $ 0.01 $ 0.29 $ 0.01 Diluted net income per share $ 0.42 $ 0.01 $ 0.29 $ 0.01

ALLOWANCE FOR CREDIT LOSSES (Ta

ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 December 31, 2023 As of September 30, 2024 December 31, 2023 (in thousands) Balance at beginning of period $ 10 $ 10 Provision for credit losses adjustment (7 ) 2 Net credits (charge-offs) 3 (2 ) Balance at end of period $ 6 $ 10

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	SCHEDULE OF INVENTORY September 30, 2024 December 31, 2023 As of September 30, 2024 December 31, 2023 (in thousands) Raw materials $ 586 $ 904 Finished goods 73 58 Inventory net $ 659 $ 962

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 2023 Cash paid for operating lease liabilities $ 97 $ 96
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 As of September 30, 2024 Weighted average remaining lease terms for operating leases 1
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, 2024 (in thousands): SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS Year ended September 30, 2025 $ 132 Total undiscounted cash flows 132 Less: Imputed interest (3 ) Present value of operating lease liabilities (a) $ 129 (a) The total amount represents the current portion of $ 129,000
SCHEDULE OF SUBLEASES	SCHEDULE OF SUBLEASES Total undiscounted cash flows - sublease: Year ended September 30, 2025 $ 29

STOCKHOLDERS_ EQUITY (DEFICIT)

STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2023 71,893 $ 6.41 3.8 $ 40,000 Granted 7,900 6.08 Exercised (2,812 ) 5.12 Forfeited or expired (1,104 ) 5.67 Outstanding at September 30, 2024 75,877 $ 6.43 3.5 $ 251,000 Exercisable at September 30, 2024 69,341 $ 6.47 3.3 $ 227,000
SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES	The fair value of the options granted of $ 47,000 SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES Risk-free interest rate 3.9 % Expected term of options 4.9 Expected annual volatility 194.1 % Expected dividend yield — %

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
SUMMARY OF SEGMENTED DATA	The following tables represent segmented data for the nine-month and three-month periods ended September 30, 2024 and 2023 (in thousands): SUMMARY OF SEGMENTED DATA PG CP Total Nine months ended September 30, 2024: Revenues from external customers $ 6,681 $ 776 $ 7,457 Segment gross profit $ 4,988 $ 455 $ 5,443 Depreciation and amortization $ 81 $ 10 $ 91 Segment income before income taxes $ 1,902 $ 13 $ 1,915 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 Three months ended September 30, 2024: Revenues from external customers $ 2,826 $ 224 $ 3,050 Segment gross profit $ 2,054 $ 133 $ 2,187 Depreciation and amortization $ 30 $ 3 $ 33 Segment income before income taxes $ 966 $ 46 $ 1,012 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
SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS	Reconciliation of Segment Income to Consolidated Net Income Before Income Taxes SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, 2024 2023 2024 2023 Total net income before income taxes for reportable segments $ 1,915 $ 856 $ 1,012 $ 366 Unallocated cost of corporate headquarters (770 ) (814 ) (236 ) (339 ) Consolidated net income (before income taxes $ 1,145 $ 42 $ 776 $ 27

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 and 2023 (in thousands): SCHEDULE OF DISAGGREGATES OF REVENUE Hardware Monitoring Total Nine months ended September 30, 2024: PG Segment $ 3,517 $ 3,164 $ 6,681 CP Segment 590 186 776 Total Revenue $ 4,107 $ 3,350 $ 7,457 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 Three months ended September 30, 2024: PG Segment $ 1,750 $ 1,076 $ 2,826 CP Segment 162 62 224 Total Revenue $ 1,912 $ 1,138 $ 3,050 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
SCHEDULE OF DEFERRED REVENUE ACTIVITY	Deferred revenue activity for the nine months ended September 30, 2024 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED REVENUE ACTIVITY Hardware Monitoring Total Balance at December 31, 2023 $ 2,965 $ 2,619 $ 5,584 Additions during the period — 3,613 3,613 Recognized as revenue (1,463 ) (3,350 ) (4,813 ) Balance at September 30, 2024 $ 1,502 $ 2,882 $ 4,384 Amounts to be recognized as revenue in the twelve-month period ending: September 30, 2025 $ 1,178 $ 2,394 $ 3,572 September 30, 2026 324 485 809 September 30, 2027 and thereafter — 3 3 Total $ 1,502 $ 2,882 $ 4,384
SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE	The following table provides a reconciliation of the Company’s hardware revenue for the nine- and three-month periods ended September 30, 2024 and 2023 (in thousands): SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE Reconciliation of Hardware Revenue 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, Reconciliation of Hardware Revenue 2024 2023 2024 2023 Amortization of deferred revenue $ 1,463 $ 1,821 $ 436 $ 629 Sales of custom designed units and related accessories — 135 — 43 Hardware sales (new product versions) 2,297 150 1,342 150 Other accessories, services, shipping and miscellaneous charges 347 531 134 182 Total hardware revenue $ 4,107 $ 2,637 $ 1,912 $ 1,004
SCHEDULE OF DEFERRED CHARGES ACTIVITY	Deferred COGS relate only to the sale of equipment. Deferred COGS activity for the nine-month period ended September 30, 2024 can be seen in the table below (in thousands): SCHEDULE OF DEFERRED CHARGES ACTIVITY Balance at December 31, 2023 $ 1,285 Additions, net of adjustments, during the period — Recognized as COGS (644 ) Balance at September 30, 2024 $ 641 Amounts to be recognized as COGS in the twelve-month-period ending: September 30, 2025 $ 507 September 30, 2026 134 September 30, 2027 and thereafter — $ 641
SCHEDULE OF RECONCILIATION OF COGS EXPENSE	The following table provides a reconciliation of the Company’s COGS expense for the nine- and three-month periods ended September 30, 2024 and 2023 (in thousands): SCHEDULE OF RECONCILIATION OF COGS EXPENSE Reconciliation of COGS Expense 2024 2023 2024 2023 Nine months ended September 30, Three months ended September 30, Reconciliation of COGS Expense 2024 2023 2024 2023 Amortization of deferred COGS $ 644 $ 817 $ 193 $ 277 COGS of custom designed units and related accessories — 34 — 11 COGS of hardware sales (new product versions) 960 66 530 66 Data costs for monitoring 186 224 63 76 Other COGS of accessories, services, shipping and miscellaneous charges 224 312 77 107 Total COGS expense $ 2,014 $ 1,453 $ 863 $ 537
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, 2024 (in thousands): SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS Hardware Monitoring Total Balance at December 31, 2023 $ 268 $ 96 $ 364 Additions during the period — 35 35 Amortization of sales commissions (130 ) (33 ) (163 ) Balance at September 30, 2024 $ 138 98 236
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, 2025 $ 150 September 30, 2026 63 September 30, 2027 and thereafter 23 Total $ 236

BASIS OF PRESENTATION (Details

BASIS OF PRESENTATION (Details Narrative)	Sep. 05, 2023 USD ($)
Accounting Policies [Abstract]
Reverse stock split	1-for-16
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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accounting Policies [Abstract]
Net income attributable to common stockholders	$ 725	$ 24	$ 1,061	$ 35
Weighted average shares outstanding:
Basic	2,487	2,485	2,487	2,484
Add: Stock options	24	47	17	22
Diluted	2,511	2,532	2,504	2,506
Basic net income per share	$ 0.29	$ 0.01	$ 0.43	$ 0.01
Diluted net income per share	$ 0.29	$ 0.01	$ 0.42	$ 0.01

ACCOUNTING POLICIES (Details Na

ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Product Information [Line Items]
Deposits assets	$ 2,153,000		$ 2,153,000
Antidilutive securities excluded from computation of earnings per share, amount	15,000	0	17,000	6,000
Weighted average exercise price	$ 9.17		$ 9.09	$ 8.49
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Product Information [Line Items]
Concentration risk percentage	26%		12%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | One Customer [Member]
Product Information [Line Items]
Concentration risk percentage			37%		25%

LIQUIDITY (Details Narrative)

LIQUIDITY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Nov. 05, 2024	Dec. 31, 2023
Cash	$ 2,153,000
Working capital	277,000
Deferred revenue	3,572,000			$ 4,034,000
Total deferred revenue decreased	(1,200,000)	$ 40,000
Increase decrease in net cash	704,000	299,000
Net cash used in operating activities	739,000	366,000
Net cash used in investing activities	48,000	72,000
Net cash used in financing activities	13,000	$ 5,000
Cash	2,153,000		$ 2,087,000	1,449,000
Maximum [Member]
Deferred revenue				$ 5,584,000
Minimum [Member]
Deferred revenue	$ 4,384,000

SCHEDULE OF ALLOWANCES FOR CRED

SCHEDULE OF ALLOWANCES FOR CREDIT LOSSES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Receivables [Abstract]
Balance at beginning of period	$ 10	$ 10
Provision for credit losses adjustment	(7)	2
Net credits (charge-offs)	3	(2)
Balance at end of period	$ 6	$ 10

ALLOWANCE FOR CREDIT LOSSES (De

ALLOWANCE FOR CREDIT LOSSES (Details Narrative) $ in Thousands	Sep. 30, 2024 USD ($)
Receivables [Abstract]
Gross receivables	$ 900
Allowances for credit losses	$ 6

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Raw materials	$ 586	$ 904
Finished goods	73	58
Inventory net	$ 659	$ 962

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Inventory reserves	$ 11,000	$ 8,000

SCHEDULE OF SUPPLEMENTAL CASH F

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Leases
Cash paid for operating lease liabilities	$ 97	$ 96

SCHEDULE OF SUPPLEMENTAL BALANC

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES (Details)	Sep. 30, 2024
Leases
Weighted average remaining lease terms for operating leases	1 year

SCHEDULE OF FUTURE MINIMUM LEAS

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details)	Sep. 30, 2024 USD ($)
Leases
2025	$ 132,000
Total undiscounted cash flows	132,000
Less: Imputed interest	(3,000)
Present value of operating lease liabilities	$ 129,000	[1]
[1]The total amount represents the current portion of $ 129,000

SCHEDULE OF FUTURE MINIMUM LE_2

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS (Details) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases
Operating leases current portion	$ 129	$ 123

SCHEDULE OF SUBLEASES (Details)

SCHEDULE OF SUBLEASES (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Leases
2025	$ 29

LEASES (Details Narrative)

LEASES (Details Narrative)			3 Months Ended		9 Months Ended
		Jul. 06, 2021 USD ($) ft²	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating lease, payments			$ 7,000	$ 0	$ 7,000	$ 0
Lessee, operating lease, discount rate			4.50%		4.50%
Operating lease, liability	[1]		$ 129,000		$ 129,000
Sublease payment		$ 2,375
Sublease profit paid					16,000
Accrued sublease profit			2,000		$ 2,000
Annual service cost		$ 2,000
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 expiration date					Sep. 30, 2025
Operating lease, payments			$ 33,000	$ 33,000	$ 97,000	$ 96,000
[1]The total amount represents the current portion of $ 129,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	9 Months Ended
	Sep. 30, 2024 USD ($)
Other Commitments [Line Items]
Operating lease obligations payable	$ 129,000	[1]
Master Services Agreement [Member]
Other Commitments [Line Items]
Operating lease obligations payable	129,000
Operating leases and contractual services	496,000
Contractual services, year one	240,000
Contractual services, year two	196,000
Contractual services, year three	60,000
Commitment payable	757,000
Master Services Agreement [Member] | One Electronics Vendor [Member]
Other Commitments [Line Items]
Commitment payable	$ 581,000
[1]The total amount represents the current portion of $ 129,000

SCHEDULE OF BLACK-SCHOLES OPTIO

SCHEDULE OF BLACK-SCHOLES OPTION PRICING ESTIMATE FAIR VALUE (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Equity [Abstract]
Number of Options (in shares), Outstanding at beginning of year	71,893
Weighted Average Exercise Price Per Share, Outstanding at beginning of year	$ 6.41
Weighted average remaining contractual life at end	3 years 6 months	3 years 9 months 18 days
Aggregate intrinsic value at beginning of year	$ 40,000
Number of Options (in shares), Granted	7,900
Weighted Average Exercise Price Per Share, Granted	$ 6.08
Number of Options (in shares), Exercised	(2,812)
Weighted Average Exercise Price Per Share, Exercised	$ 5.12
Number of Options (in shares), Forfeited or expired	(1,104)
Weighted Average Exercise Price Per Share, Forfeited or expired	$ 5.67
Number of Options (in shares), Outstanding at end of year	75,877	71,893
Weighted Average Exercise Price Per Share, Outstanding at end of year	$ 6.43	$ 6.41
Aggregate intrinsic value at end of year	$ 251,000	$ 40,000
Number of Options (in shares), Exercisable at end of year	69,341
Weighted Average Exercise Price Per Share, Exercisable at end of year	$ 6.47
Weighted average remaining contractual life at exercisable at end of year	3 years 3 months 18 days
Aggregate intrinsic value, Exercisable at end of year	$ 227,000

SCHEDULE OF STOCK OPTIONS FAIR

SCHEDULE OF STOCK OPTIONS FAIR VALUE ASSUMPTIONS ESTIMATED USING BLACK-SCHOLES (Details)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Risk-free interest rate	3.90%
Expected term of options, in years	4 years 10 months 24 days
Expected annual volatility	194.10%
Expected dividend yield

STOCKHOLDERS_ EQUITY (DEFICIT_2

STOCKHOLDERS’ EQUITY (DEFICIT) (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock, shares issued	2,537,485		2,537,485		2,534,969
Common stock, shares outstanding	2,487,307		2,487,307		2,484,791
Common stock, par value	$ 0.01		$ 0.01		$ 0.01
Number of options granted during period			7,900
Number of options exercisable	$ 227,000		$ 227,000
Fair value of options granted			47,000
Compensation cost, non-vested awards not yet recognized	17,000	$ 17,000	17,000	$ 17,000
Selling, General and Administrative Expenses [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock based compensation expense	14,000	$ 16,000	52,000	$ 46,000
Options Held [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options exercisable	$ 2,812		$ 2,812
Share-Based Payment Arrangement, Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			1,000
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		7,900
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			2,500
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			2,200
Chief Financial Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted during period			2,200
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	69,973		69,973

SUMMARY OF SEGMENTED DATA (Deta

SUMMARY OF SEGMENTED DATA (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Revenue from external customers	$ 3,050	$ 2,087	$ 7,457	$ 5,809
Segment gross profit	2,187	1,550	5,443	4,356
Depreciation and amortization	33	41	91	115
Segment income (loss) before income taxes	1,012	366	1,915	856
PG [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	2,826	1,798	6,681	4,994
Segment gross profit	2,054	1,381	4,988	3,876
Depreciation and amortization	30	36	81	99
Segment income (loss) before income taxes	966	361	1,902	891
CP [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	224	289	776	815
Segment gross profit	133	169	455	480
Depreciation and amortization	3	5	10	16
Segment income (loss) before income taxes	$ 46	$ 5	$ 13	$ (35)

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting [Abstract]
Total net income before income taxes for reportable segments	$ 1,012	$ 366	$ 1,915	$ 856
Unallocated cost of corporate headquarters	(236)	(339)	(770)	(814)
Income before income taxes	$ 776	$ 27	$ 1,145	$ 42

SEGMENT REPORTING (Details Narr

SEGMENT REPORTING (Details Narrative)	9 Months Ended
	Sep. 30, 2024 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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenue	$ 3,050	$ 2,087	$ 7,457	$ 5,809
PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	2,826	1,798	6,681	4,994
CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	224	289	776	815
Hardware [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,912	1,004	4,107	2,637
Hardware [Member] | PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,750	780	3,517	2,017
Hardware [Member] | CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	162	224	590	620
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,138	1,083	3,350	3,172
Monitoring [Member] | PG [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,076	1,018	3,164	2,977
Monitoring [Member] | CP [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 62	$ 65	$ 186	$ 195

SCHEDULE OF DEFERRED REVENUE AC

SCHEDULE OF DEFERRED REVENUE ACTIVITY (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Disaggregation of Revenue [Line Items]
Balance at December 31, 2023	$ 5,584
Additions during the period	3,613
Recognized as revenue	(4,813)
Total	4,384
September 30, 2025	3,572
September 30, 2026	809
September 30, 2027 and thereafter	3
Hardware [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2023	2,965
Additions during the period
Recognized as revenue	(1,463)
Total	1,502
September 30, 2025	1,178
September 30, 2026	324
September 30, 2027 and thereafter
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2023	2,619
Additions during the period	3,613
Recognized as revenue	(3,350)
Total	2,882
September 30, 2025	2,394
September 30, 2026	485
September 30, 2027 and thereafter	$ 3

SCHEDULE OF RECONCILIATION OF H

SCHEDULE OF RECONCILIATION OF HARDWARE REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 3,050	$ 2,087	$ 7,457	$ 5,809
Hardware [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,912	1,004	4,107	2,637
Hardware [Member] | Amortization [Member]
Disaggregation of Revenue [Line Items]
Revenue	436	629	1,463	1,821
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	1,342	150	2,297	150
Hardware [Member] | Other Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 134	$ 182	$ 347	$ 531

SCHEDULE OF DEFERRED CHARGES AC

SCHEDULE OF DEFERRED CHARGES ACTIVITY (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Revenue from Contract with Customer [Abstract]
Balance at December 31, 2023	$ 1,285
Additions, net of adjustments, during the period
Recognized as COGS	(644)
Balance at September 30, 2024	641
September 30, 2025	507
September 30, 2026	134
September 30, 2027 and thereafter
Total	$ 641

SCHEDULE OF RECONCILIATION OF C

SCHEDULE OF RECONCILIATION OF COGS EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 3,050	$ 2,087	$ 7,457	$ 5,809
COGS [Member]
Disaggregation of Revenue [Line Items]
Revenue	863	537	2,014	1,453
COGS [Member] | Amortization [Member]
Disaggregation of Revenue [Line Items]
Revenue	193	277	644	817
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	530	66	960	66
COGS [Member] | COGS Data Costs [Member]
Disaggregation of Revenue [Line Items]
Revenue	63	76	186	224
COGS [Member] | Other COGS Accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 77	$ 107	$ 224	$ 312

SCHEDULE OF SALES COMMISSIONS C

SCHEDULE OF SALES COMMISSIONS CONTRACT ASSETS (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Disaggregation of Revenue [Line Items]
Balance at December 31, 2023	$ 364
Additions during the period	35
Amortization of sales commissions	(163)
Balance at September 30, 2024	236
Hardware [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2023	268
Additions during the period
Amortization of sales commissions	(130)
Balance at September 30, 2024	138
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Balance at December 31, 2023	96
Additions during the period	35
Amortization of sales commissions	(33)
Balance at September 30, 2024	$ 98

SCHEDULE OF SALES COMMISSIONS E

SCHEDULE OF SALES COMMISSIONS EXPENSE (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Revenue from Contract with Customer [Abstract]
September 30, 2025	$ 150
September 30, 2026	63
September 30, 2027 and thereafter	23
Total	$ 236

REVENUE (Details Narrative)

REVENUE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 3,050,000	$ 2,087,000	$ 7,457,000	$ 5,809,000
Deferred revenue recognized	812,000		812,000		$ 1,550,000
Other current assets	318,000		318,000		280,000
Capitalized Sales Commissions [Member]
Disaggregation of Revenue [Line Items]
Other current assets	150,000		150,000		202,000
Other assets	86,000		86,000		$ 162,000
Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges [Member]
Disaggregation of Revenue [Line Items]
Revenue			1,463,000
Monitoring [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,138,000	$ 1,083,000	3,350,000	$ 3,172,000
Deferred revenue recognized	$ 2,081,000		$ 2,081,000

RELATED PARTY BALANCES AND TR_2

RELATED PARTY BALANCES AND TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Officer [Member]
Consulting and other fees to directors	$ 134,000	$ 131,000	$ 403,000	$ 391,000
Director [Member]
Consulting and other fees to directors	$ 19,000	$ 18,000	$ 56,000	$ 52,000