SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Table 16: Results of Operations by Business Segment
	For the Three Months Ended				For the Nine Months Ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
	(in thousands)
Revenues
Security Solutions	$	18,332	$	19,795	$	54,839	$	56,764
Secure Networks	5,451		16,391		27,061		47,555
Total revenue	23,783		36,186		81,900		104,319
Cost of sales (excluding impairment loss, depreciation and amortization)
Security Solutions	9,201		8,498		26,505		25,304
Secure Networks	4,616		12,730		21,444		37,870
Total cost of sales (excluding impairment loss, depreciation and amortization)	13,817		21,228		47,949		63,174
Impairment loss on intangible assets
Security Solutions	5,333		—		5,333		—
Secure Networks	—		—		—		—
Total impairment loss on intangible assets	5,333		—		5,333		—
Depreciation and amortization
Security Solutions	1,488		1,943		4,800		2,281
Secure Networks	2		2		7		10
Total depreciation and amortization	1,490		1,945		4,807		2,291
Gross profit
Security Solutions	2,310		9,354		18,201		29,179
Secure Networks	833		3,659		5,610		9,675
Total gross profit	3,143		13,013		23,811		38,854
Operating expenses (1)	32,007		22,706		69,757		70,984
Operating loss	(28,864)		(9,693)		(45,946)		(32,130)
Other income	983		1,222		3,299		5,367
Interest expense	(157)		(178)		(492)		(611)
Loss before income taxes	(28,038)		(8,649)		(43,139)		(27,374)
Provision for income taxes	(17)		(23)		(51)		(68)
Net loss	$	(28,055)	$	(8,672)	$	(43,190)	$	(27,442)

(1) This includes an impairment loss of $6.4 million for the three and nine months ended September 30, 2024, and $0.3 million for the three and nine months ended September 30, 2023.