REVENUE DISAGGREGATION

9 Months Ended

12 Months Ended

Sep. 30, 2025

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

REVENUE DISAGGREGATION

4. REVENUE DISAGGREGATION

The Company’s disaggregated revenues consisted of the following:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2025		2024		2025		2024
Primary Geographical Markets
North America	$	1,694,000	$	1,228,000	$	4,815,000	$	3,565,000
Other		48,000		62,000		211,000		186,000
Total Revenue	$	1,742,000	$	1,290,000	$	5,026,000	$	3,751,000
Major Goods
Power supply units	$	1,504,000	$	1,238,000	$	3,990,000	$	3,468,000
EV chargers		238,000		52,000		1,036,000		283,000
Total Revenue	$	1,742,000	$	1,290,000	$	5,026,000	$	3,751,000
Timing of Revenue Recognition
Goods transferred at a point in time	$	1,723,000		1,278,000		4,970,000		3,720,000
Revenue recognized over time		19,000		12,000		56,000		31,000
Total Revenue	$	1,742,000	$	1,290,000	$	5,026,000	$	3,751,000

Customer advances

We defer revenues when cash payments are received in advance of our performance obligation required under the guidelines of ASC 606. The revenue is recognized upon completion of our related performance obligations, typically within twelve months following receipt of the customer advances.

Customer advances consisted of the following:

	Customer advances
Balance, December 31, 2024	$	125,000
Advances received		1,292,000
Revenue recognized		(822,000	)
Advances refunded		(261,000	)
Total	$	334,000

The customer advances are recorded in the Accounts payable, accrued expenses and other current liabilities line of the condensed consolidated balance sheets.

The following table provides the percentage of total revenue attributable to a single customer from which 10% or more of total revenue was derived:

	For the Three Months Ended September 30, 2025					For the Nine Months Ended September 30, 2025
	Total Revenue		Percentage of			Total Revenue		Percentage of
	by Major		Total Company			by Major		Total Company
	Customers		Revenue			Customers		Revenue
Customer A	$	351,000		20	%	$	1,325,000		26	%
Customer B	$	599,000		34	%	$	659,000		13	%
Customer C	$	96,000		6	%	$	529,000		11	%
Customer D	$	48,000		3	%	$	479,000		10	%

	For the Three Months Ended September 30, 2024					For the Nine Months Ended September 30, 2024
	Total Revenue		Percentage of			Total Revenue		Percentage of
	by Major		Total Company			by Major		Total Company
	Customers		Revenue			Customers		Revenue
Customer A	$	549,000		45	%	$	1,373,000		37	%

  4. REVENUE DISAGGREGATION

The Company’s disaggregated revenues consisted of the following:

	For the Year Ended December 31,
	2024		2023
Primary Geographical Markets
North America	$	4,839,000	$	3,771,000
Europe		49,000		29,000
Other		24,000		401,000
Total Revenue	$	4,912,000	$	4,201,000
Major Goods
Power supply units	$	4,501,000	$	3,854,000
EV chargers		411,000		347,000
Total Revenue	$	4,912,000	$	4,201,000
Timing of Revenue Recognition
Revenue recognized over time	$	47,000	$	16,000
Goods transferred at a point in time		4,865,000		4,185,000
Total Revenue	$	4,912,000	$	4,201,000

The Company’s related party sales consisted of the following:

	For the Year Ended December 31,
	2024		2023
Related Party
Subsidiaries of Hyperscale	$	28,000	$	14,000

The following table provides the percentage of total revenue attributable to a single customer from which 10% or more of total revenue is derived:

	For the Year Ended					For the Year Ended
	December 31, 2024					December 31, 2023
	Total Revenue		Percentage of Total			Total Revenue		Percentage of Total
	by Major		Company			by Major		Company
	Customers		Revenue			Customer		Revenue
Customer A	$	1,721,000		35	%	$	769,000		18	%
Customer B	$	-		-	%	$	476,000		11	%