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REVENUE, CONTRACT ASSETS AND CONTRACT LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF REVENUE FROM CONTRACT WITH CUSTOMERS

For the three months ended March 31, 2022 and 2021, the components of revenue from contracts with customers and the related timing of revenue recognition is set forth in the table below (in thousands):

  

   Three Months Ended March 31, 
   2022   2021 
         
Product revenue:          
Appliance sales to VIPs  $1,536(1)  $1,295(1)
Center revenue   186    92 
Total product revenue   1,722    1,387 
           
Service revenue          
VIP   1,237    1,753 
Billing intelligence services   216(2)   203(2)
Management service revenue (includes MID)   24    59 
Sponsorship/seminar/other   261    46 
Total service revenue   1,738    2,061 
           
Total revenue  $3,460   $3,448 

 

  (1) Revenue from the sale of products is typically fixed at inception of the contract and is recognized at the point in time when shipment of the related products occurs.
  (2) Revenue from maintenance and subscription contracts is typically fixed at inception of the contract and is recognized ratably over time as the services are performed and the performance obligations completed.
SCHEDULE OF CONTRACT LIABILITY

The key components of changes in contract liabilities for the three months ended March 31, 2022 and 2021 are as follows (in thousands):

 

   March 31, 
   2022   2021 
         
Balance at beginning of year  $2,399   $2,938 
New contracts, net of cancellations   1,182    1,617 
Revenue recognized   (1,237)   (1,753)
           
Balance at end of year  $2,344   $2,802