ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

SCHEDULE OF FINANCIAL LIABILITIES MEASURED ON A RECURRING BASIS

The following tables set forth, by level within the fair value hierarchy, the Company’s financial liabilities that were accounted for at fair value on a recurring basis as of December 31, 2021 and 2020 (in thousands):

	Markets for		Other		Significant		Carrying
	Identical		Observable		Unobservable		Value as of
	Assets		Inputs		Inputs		December 31,
Description	(Level 1)		(Level 2)		(Level 3)		2021
Derivative liabilities - warrant instruments	$	—	$	—	$	3,064	$	3,064
					$	3,064	$	3,064

	Markets for		Other		Significant		Carrying
	Identical		Observable		Unobservable		Value as of
	Assets		Inputs		Inputs		December 31,
Description	(Level 1)		(Level 2)		(Level 3)		2020
Derivative liabilities - warrant instruments	$	—	$	—	$	363	$	363
Earn-out payable – related party		—		—		119		119
					$	482	$	482

SUMMARY OF WARRANT INSTRUMENTS ROLLFORWARD

	Amount
Balance, December 31, 2019	$	387
Amount paid		(268)
Balance, December 31, 2020		119
Amount paid		(119)
Balance, December 31, 2021	$	—

SCHEDULE OF DISAGGREGATES REVENUE

	Year Ended		Year Ended
	December 31,		December 31,
	2021		2020
	(in thousands)		(in thousands)
Product Revenues:
Hardware	$	171,780	$	48,461
Software		4,102		2,450
Service Revenues:
Professional Services		1,419		1,300
Maintenance and Subscription Services		7,876		2,680
	$	185,177	$	54,891