SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2021

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

Note 19 SUBSEQUENT EVENTS

On March 3, 2022, the Company sold certain assets related to its security monitoring services for $225,575. As of December 31,2021, the carrying value of assets to be sold amounted to less than $100,000.

In March 2022, the decision was made to transfer certain development activities from its Engeni, S.A. subsidiary to other sites. As a result, the Company incurred approximately $350,000 in severance and related costs to be recorded as a charge to operating expenses in 2022.

The results of the operations described above are included in the Company’s other operating segments in 2021.