ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| SCHEDULE OF DISAGGREGATED NET SALES |
The
following table shows the Company’s disaggregated net sales by product type:
SCHEDULE OF DISAGGREGATED NET SALES
| | |
2026 | | |
2025 | |
| | |
Three months ended June 30, | |
| | |
2026 (Unaudited) | | |
2025 (Unaudited) | |
| DC power systems | |
$ | 748 | | |
$ | 1,989 | |
| Engineering & Tech Support Services | |
| 21 | | |
| 135 | |
| Accessories | |
| 250 | | |
| 584 | |
| Total net sales | |
$ | 1,019 | | |
$ | 2,708 | |
| | |
2026 | | |
2025 | |
| | |
Six months ended June 30, | |
| | |
2026 (Unaudited) | | |
2025 (Unaudited) | |
| DC power systems | |
$ | 2,259 | | |
$ | 3,219 | |
| Engineering & Tech Support Services | |
| 44 | | |
| 134 | |
| Accessories | |
| 444 | | |
| 1,078 | |
| Total net sales | |
$ | 2,747 | | |
$ | 4,431 | |
The
following table shows the Company’s disaggregated net sales by customer type:
| | |
2026 | | |
2025 | |
| | |
Three months ended June 30, | |
| | |
2026 (Unaudited) | | |
2025 (Unaudited) | |
| Telecom | |
$ | 899 | | |
$ | 2,481 | |
| Government/Military | |
| 33 | | |
| 154 | |
| Marine | |
| 60 | | |
| 38 | |
| Other (backup DC power to various industries) | |
| 27 | | |
| 35 | |
| Total net sales | |
$ | 1,019 | | |
$ | 2,708 | |
| | |
2026 | | |
2025 | |
| | |
Six months ended June 30, | |
| | |
2026 (Unaudited) | | |
2025 (Unaudited) | |
| Telecommunications | |
$ | 2,558 | | |
$ | 3,900 | |
| Government/Military | |
| 82 | | |
| 448 | |
| Marine | |
| 62 | | |
| 45 | |
| Other (backup DC power to various industries) | |
| 45 | | |
| 38 | |
| Total net sales | |
$ | 2,747 | | |
$ | 4,431 | |
|
| SCHEDULE OF NET SALES BY GEOGRAPHICAL REGIONS |
The
following tables shows the Company’s net sales by the respective geographical regions of our customers:
SCHEDULE OF NET SALES BY GEOGRAPHICAL REGIONS
| | |
2026 | | |
2025 | |
| | |
Three months ended | |
| | |
June 30, | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| United States | |
$ | 755 | | |
$ | 2,624 | |
| Canada | |
| — | | |
| 32 | |
| South Pacific Islands | |
| 11 | | |
| 49 | |
| Europe and Middle East | |
| 186 | | |
| — | |
| South America | |
| 67 | | |
| — | |
| Japan | |
| — | | |
| 3 | |
| Total net sales | |
$ | 1,019 | | |
$ | 2,708 | |
| | |
2026 | | |
2025 | |
| | |
Six months ended | |
| | |
June 30, | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| United States | |
$ | 2,405 | | |
$ | 4,045 | |
| Canada | |
| 3 | | |
| 33 | |
| South Pacific Islands | |
| 72 | | |
| 55 | |
| Japan | |
| — | | |
| 3 | |
| Europe and Middle East | |
| 200 | | |
| 295 | |
| South America | |
| 67 | | |
| — | |
| Total net sales | |
$ | 2,747 | | |
$ | 4,431 | |
|
| SCHEDULE OF INVENTORIES NET |
As
of June 30, 2026 and December 31, 2025, inventories consisted of the following:
SCHEDULE OF INVENTORIES NET
| | |
June 30, 2026 (unaudited) | | |
December 31, 2025 | |
| | |
| | |
| |
| Raw materials | |
$ | 8,361 | | |
$ | 8,704 | |
| Finished goods | |
| 871 | | |
| 721 | |
| Total Inventories | |
$ | 9,232 | | |
$ | 9,425 | |
|
| SCHEDULE OF RECONCILIATION OF THE PRODUCT WARRANT LIABILITY |
SCHEDULE OF RECONCILIATION OF THE PRODUCT WARRANT LIABILITY
| Changes in estimates for warranties | |
June 30, 2026 (unaudited) | | |
December 31, 2025 | |
| Balance at beginning of the period | |
$ | 600 | | |
$ | 600 | |
| Payments | |
| (41 | ) | |
| (67 | ) |
| Provision for warranties | |
| 41 | | |
| 67 | |
| Changes in warranty reserve | |
| (450 | ) | |
| - | |
| Balance at end of the period | |
$ | 150 | | |
$ | 600 | |
|
| SCHEDULE OF DILUTED EARNINGS PER SHARE |
The
following potentially dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would
be anti-dilutive:
SCHEDULE OF DILUTED EARNINGS PER SHARE
| | |
June 30, 2026 | | |
June 30, 2025 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Options | |
| 12,858 | | |
| 12,858 | |
|