v3.26.1
REVENUE AND PRODUCT COSTS
6 Months Ended
Jun. 30, 2026
REVENUE AND PRODUCT COSTS [Abstract]  
REVENUE AND PRODUCT COSTS

2. REVENUE AND PRODUCT COSTS

 

Revenues consist of product sales and technology-enabled services. Product sales include BolaWrap devices, cassettes, and accessories. Technology-enabled services include software subscriptions, body-worn cameras, managed services, policy and training support, and shipping revenue.

 

The table below details the activity in our contract liabilities during the six months ended June 30, 2026.

SCHEDULE OF CONTRACT LIABILITIES

       
   Customer Deposits   Deferred Revenue 
Balance at January 1, 2026 $62  $422 
Additions, net  65   409 
Transfer to revenue  (29  (446
Balance at June 30, 2026 $98  $385 
         
Current portion $98  $378 
Long-term portion $ -   $7 

 

As of June 30, 2026, the Company’s deferred revenue of $385 consisted of $8 related to BolaWrap extended warranties and services, $27 related to WRAP Ready, $323 related to Intrensic extended warranties and services, $15 related to VR, $4 related to training and $8 related to Wrap Tactics.