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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
SCHEDULE OF DISAGGREGATION OF REVENUE

In the following tables, revenue is disaggregated by product and service and the timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue.

 

   2021   2020 
   For the Years Ended December 31, 
   2021   2020 
Products and services          
Software as a Service (SaaS)  $12,970   $9,373 
Other subscription and support services   35    199 
Equipment   3,056    1,045 
Non-recurring services   114    78 
Extended warranties on equipment   8    21 
Other   210    19 
Revenues  $16,393   $10,735 
Timing of revenue recognition          
Products transferred at a point in time  $3,266   $1,064 
Services transferred over time   13,127    9,671 
Revenues  $16,393   $10,735 
SCHEDULE OF REVENUE PERFORMANCE OBLIGATION

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period:

 

   2022   2023   2024   Total 
                 
Software as a Service (SaaS)  $1,256   $3   $-   $1,259 
Other subscription and support services   8    3    1    12 
Extended warranties on equipment   2    1    -    3 
   $1,266   $7   $1   $1,274 
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED

 

   2021   2020 
   Years Ended 
   December 31, 
   2021   2020 
Numerator:          
Net (Loss) Income  $(4,146)  $558 
           
Denominator:          
Weighted average common shares –           
Basic   18,676,965    17,324,150 
Dilutive effect of equity compensation plans   -    696,716 
Weighted average common shares –           
Diluted   18,676,965    18,020,866 
           
Net (Loss) Income per share –          
Basic  $(0.22)  $0.03 
Diluted  $(0.22)  $0.03 
SUMMARY OF COMMON STOCK EQUIVALENTS EXCLUDED FROM LOSS PER DILUTED SHARE

The following table summarizes the common stock equivalents excluded from the 2021 loss per diluted share because their effect would be anti-dilutive:

 

   2021   2020 
         
Stock options   496,424    - 
Restricted stock   408,376    - 
Performance stock units   228,498    - 
Total   1,133,298    -