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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Disaggregation of revenue

Net sales by type

 

2022

 

 

2021

 

(in thousands)

 

 

 

 

 

 

Equipment Sales

 

$13,803

 

 

$14,989

 

Adapter Sales

 

 

7,336

 

 

 

7,818

 

Software and Maintenance Sales *

 

 

3,078

 

 

 

3,028

 

Total

 

$24,217

 

 

$25,835

 

 

 

 

 

 

 

 

 

 

* includes an insignificant amount of service and part sales

 

 

 

 

 

 

 

 

Schedule of consolidated accounts receivable

Percentage of Consolidated Accounts Receivable

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Number of customers

 

 

3

 

 

 

3

 

 

 

 

 

 

 

 

 

 

Approximate percentage of consolidated accounts receivable balance

 

 

39%

 

 

36%

 

 

 

 

 

 

 

 

 

Percentage of each

 

 

15%

 

 

13%

Percentage of each

 

 

13%

 

 

12%

Percentage of each

 

 

11%

 

 

11%
Schedule of Diversification of net sales

Percentage of Net Sales

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Number of customers

 

 

1

 

 

 

1

 

 

 

 

 

 

 

 

 

 

Approximate percentage of net sales

 

 

23%

 

 

14%