Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND SUPPLEMENTAL DISCLOSURES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND SUPPLEMENTAL DISCLOSURES (Tables)
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
SCHEDULE OF CONTRACTUAL LIABILITIES

The following table provides information about contract liabilities from contracts with customers, including significant changes in the contract liabilities balance during the period:

 

   

March 31, 2023

    

December 31, 2022

  
             
Beginning balance   $ 1,340     $ 986  
                 
Increase due to deferral of revenue     971       3,357  
Decrease due to recognition of revenue     (866 )     (3,003 )
                 
Ending balance   $ 1,445     $ 1,340  
SCHEDULE OF CONCENTRATION RISK

 

    Three Months Ended March 31,
    2023   2022
The Company’s largest customers are presented below as a percentage of the aggregate        
         
Revenues and Accounts receivable    No customers individually over 10%   No customers individually over 10%
         
The Company’s largest vendors are presented below as a percentage of the aggregate        
         
Purchases  

One vendor that accounted for 28% of its purchases individually and in the aggregate

   One vendor that accounted for 33% of its purchases individually and in the aggregate
SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION

 

     

Three Months Ended March 31,

  
     

2023

      

2022

  
Supplemental disclosures of cash flow information:                
Supplemental disclosures of cash flow information:                
Cash paid for interest   $ 227     $ -  
Cash paid for income taxes   $ 1     $ -  
                 
Supplemental disclosure of non-cash investing and financing activities:                
Fair value of common shares issued to settle accrued expenses   $ -     $ 350  
Discount recognized from advances on future receipts     558       -  
Accrued software development costs     113       1,675  
Accrued share-based compensation    

50

       -  
Discount recognized from notes payable     -       300  
Derecognition of operating lease right-of-use assets     -       543  
Derecognition of operating lease liabilities     -       521  
Debt issuance costs in accounts payable   $ -     $ 80