TurnOnGreen (TOGI) 10-Q14 May 242024 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Mar. 31, 2024	May 13, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	000-52140
Entity Registrant Name	TURNONGREEN, INC.
Entity Central Index Key	0001349706
Entity Tax Identification Number	20-5648820
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	1421 McCarthy Blvd
Entity Address, City or Town	Milpitas
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95035
City Area Code	(510)
Local Phone Number	657-2635
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		208,897,792

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 103,000	$ 21,000
Accounts receivable	718,000	966,000
Inventories	1,105,000	1,339,000
Prepaid expenses	699,000	630,000
TOTAL CURRENT ASSETS	2,625,000	2,956,000
Property and equipment, net	341,000	358,000
Right-of-use assets	994,000	1,133,000
Other noncurrent assets	270,000	270,000
TOTAL ASSETS	4,230,000	4,717,000
CURRENT LIABILITIES
Accounts payable, accrued expenses and other current liabilities	1,055,000	1,583,000
Dividends payable	3,167,000	2,667,000
Accrued legal contingencies	1,066,000	1,066,000
Operating lease liability, current	608,000	619,000
Related party notes and advances payable	3,365,000	2,472,000
TOTAL CURRENT LIABILITIES	9,261,000	8,407,000
LONG TERM LIABILITIES
Operating lease liability, non-current	494,000	631,000
Other long term liabilities	136,000	105,000
TOTAL LIABILITIES	9,891,000	9,143,000
REDEEMABLE CONVERTIBLE PREFERRED STOCK
Preferred stock series A subject to possible redemption, 50,000,000 shares authorized: 25,000 issued and outstanding at stated redemption value of $1,000 per share as of March 31, 2024, and December 31, 2023, respectively	25,000,000	25,000,000
SHAREHOLDERS’ DEFICIT:
Common Stock, par value $0.001 a share; 2,000,000,000 shares authorized as of March 31, 2024, and December 31, 2023: 183,943,622 shares issued and outstanding on March 31, 2024, and 183,941,422 as of December 31, 2023, respectively	184,000	184,000
Additional paid-in capital	13,504,000	13,504,000
Accumulated deficit	(44,349,000)	(43,114,000)
TOTAL SHAREHOLDERS’ DEFICIT	(30,661,000)	(29,426,000)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ DEFICIT	$ 4,230,000	$ 4,717,000

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	25,000	25,000
Preferred stock, shares outstanding	25,000	25,000
Preferred stock, redemption	$ 1,000	$ 1,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	183,943,622	183,941,422
Common stock, shares outstanding	183,943,622	183,941,422

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 1,225,000	$ 876,000
Cost of revenue	667,000	517,000
Gross profit	558,000	359,000
Operating expenses:
General and administrative	752,000	857,000
Selling and marketing	361,000	392,000
Research and development	111,000	119,000
Total operating expenses	1,224,000	1,368,000
Operating loss	(666,000)	(1,009,000)
Other expense:
Interest expense, related party	69,000	2,000
Total other expense	69,000	2,000
Net loss	(735,000)	(1,011,000)
Preferred Dividends	(500,000)	(500,000)
Net loss available to common shareholders	$ (1,235,000)	$ (1,511,000)
Net loss per common share basic	$ (0.01)	$ (0.01)
Net loss per common share diluted	$ (0.01)	$ (0.01)
Weighted average common shares, basic	183,942,274	172,694,837
Weighted average common shares, diluted	183,942,274	172,694,837

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 173,000	$ 12,691,000	$ (36,252,000)	$ (23,388,000)
Beginning balance, shares at Dec. 31, 2022	172,694,837
Contribution from Parent		730,000		730,000
Preferred dividends			(500,000)	(500,000)
Net loss			(1,011,000)	(1,011,000)
Ending balance, value at Mar. 31, 2023	$ 173,000	13,421,000	(37,763,000)	(24,169,000)
Ending balance, shares at Mar. 31, 2023	172,694,837
Beginning balance, value at Dec. 31, 2023	$ 184,000	13,504,000	(43,114,000)	(29,426,000)
Beginning balance, shares at Dec. 31, 2023	183,941,422
Common stock issued upon exercise of warrants, shares	2,200
Preferred dividends			(500,000)	(500,000)
Net loss			(735,000)	(735,000)
Ending balance, value at Mar. 31, 2024	$ 184,000	$ 13,504,000	$ (44,349,000)	$ (30,661,000)
Ending balance, shares at Mar. 31, 2024	183,943,622

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net loss	$ (1,235,000)	$ (1,511,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	24,000	22,000
Amortization of right-of-use assets	140,000	128,000
Inventory adjustment	41,000
Allocation of parent company overhead		153,000
Changes in operating assets and liabilities
Accounts receivable	248,000	306,000
Prepaid expenses and other assets	(70,000)	(95,000)
Inventory	193,000	134,000
Accounts payable	(465,000)	(81,000)
Accrued expenses and other current liabilities	(63,000)	395,000
Dividends payable	500,000
Operating lease liabilities	(117,000)	(119,000)
Net cash used in operating activities	(804,000)	(668,000)
Cash flows from investing activities:
Purchase of property and equipment	(7,000)	(7,000)
Cash used in investing activities	(7,000)	(7,000)
Cash flows from financing activities:
Proceeds from related party advances, net of payments	893,000	24,000
Proceeds from contribution from parent		577,000
Net cash provided by financing activities	893,000	601,000
Net decrease in cash and cash equivalents	82,000	(74,000)
Cash at beginning of period	21,000	95,000
Cash at end of period	$ 103,000	$ 21,000

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	3 Months Ended
DESCRIPTION OF BUSINESS	Mar. 31, 2024
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS	1. DESCRIPTION OF BUSINESS Overview TurnOnGreen, Inc. (formerly known as Imperalis Holding Corp.), a Nevada Corporation (“TOG”), through its wholly owned subsidiaries Digital Power Corporation (“Digital Power”) and TOG Technologies (“TOGT,” or collectively, the “Company”), is an emerging electric vehicle (“EV”) electrification infrastructure solutions and premium custom power products company. The Company designs, develops, manufactures and sells highly engineered, feature-rich, high-grade power conversion systems and power system solutions for mission-critical applications and processes electronic products as well as EV charging solutions to diverse industries, markets and sectors including e-Mobility, medical, military, telecommunications, and industrial. TOG was incorporated in Nevada on April 5, 2005

LIQUIDITY AND GOING CONCERN

LIQUIDITY AND GOING CONCERN	3 Months Ended
LIQUIDITY AND GOING CONCERN	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
LIQUIDITY AND GOING CONCERN	2. LIQUIDITY AND GOING CONCERN The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has incurred recurring operating and net losses that have not provided sufficient cash flows. Management believes that the Company will continue to incur operating and net losses each quarter until at least the time it begins significant deliveries of its products. The Company’s inability to continue as a going concern could have a negative impact on the Company, including its ability to obtain needed financing. In view of these matters, there is substantial doubt about the Company’s ability to continue as a going concern. The Company intends to finance its future development activities and its working capital needs largely through the sale of equity securities with some additional funding from other sources, including term notes until such time as funds provided by operations are sufficient to fund working capital requirements. Although management believes that such capital sources will be available, there can be no assurances that financing will be available to the Company when needed in order to allow the Company to continue its operations, or if available, on terms acceptable to the Company. The condensed consolidated financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

BASIS OF PRESENTATION AND SIGNI

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	Mar. 31, 2024
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	3. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”), the instructions to Form 10-Q and Regulation S-X and do not include all the information and disclosures required by GAAP. The actual results experienced by the Company may differ materially from the Company’s estimates. These condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K Significant Accounting Policies There have been no material changes to the Company’s significant accounting policies previously disclosed in the Company’s Annual Report on Form 10-K The Company does not expect that any recently issued accounting guidance will have a significant effect on its condensed consolidated financial statements.

REVENUE DISAGGREGATION

REVENUE DISAGGREGATION	3 Months Ended
REVENUE DISAGGREGATION	Mar. 31, 2024
Revenue Disaggregation
REVENUE DISAGGREGATION	4. REVENUE DISAGGREGATION The Company’s disaggregated revenues consisted of the following: Schedule of disaggregated revenues For the Three Months Ended March 31, 2024 2023 Primary Geographical Markets North America $ 1,157,000 $ 784,000 Europe 4,000 - Other 64,000 92,000 Total Revenue $ 1,225,000 $ 876,000 Major Goods Power supply units $ 1,141,000 $ 825,000 EV chargers 84,000 51,000 Total Revenue $ 1,225,000 $ 876,000 Timing of Revenue Recognition Revenue recognized over time $ 9,000 $ 3,000 Goods transferred at a point in time 1,126,000 873,000 Total Revenue $ 1,225,000 $ 876,000 The following table provides the percentage of total revenue attributable to a single customer from which 10% or more of total revenue was derived: Schedule of concentration For the Three Months Ended For the Three Months Ended Total Revenue Percentage of Total Revenue Percentage of by Major Total Company by Major Total Company Customers Revenue Customers Revenue Customer A $ 410,000 33 % $ 142,000 16 % Customer B $ 120,000 10 % $ 97,000 11 %

TRADE RECEIVABLES

TRADE RECEIVABLES	3 Months Ended
TRADE RECEIVABLES	Mar. 31, 2024
Trade Receivables
TRADE RECEIVABLES	5. TRADE RECEIVABLES As of March 31, 2024, and December 31, 2023, the Company had related party receivables of $ 1,000 0 The following table provides the percentage of total trade receivables attributable to a single customer that accounted for 10% or more of the Company’s outstanding receivables: Schedule percentage of total trade receivables As of As of March 31, 2024 December 31, 2023 Customer A 33 % 35 % Customer C - % 18 %

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	3 Months Ended
PROPERTY AND EQUIPMENT, NET	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	6. PROPERTY AND EQUIPMENT, NET As of March 31, 2024, and December 31, 2023, property and equipment consisted of the following: Schedule of property and equipment March 31, 2024 December 31, 2023 Machinery and equipment $ 649,000 $ 649,000 Leasehold improvements, furniture and equipment 220,000 217,000 EV chargers 145,000 141,000 Gross property and equipment 1,014,000 1,007,000 Less: accumulated depreciation and amortization (673,000 ) (649,000 ) Property and equipment, net $ 341,000 $ 358,000 Depreciation and amortization expense related to property and equipment was $ 24,000 22,000

INVENTORIES

INVENTORIES	3 Months Ended
INVENTORIES	Mar. 31, 2024
Inventory Disclosure [Abstract]
INVENTORIES	7. INVENTORIES As of March 31, 2024, and December 31, 2023, inventories consisted of: Schedule of inventories March 31, 2024 December 31, 2023 Raw materials, parts and supplies $ 422,000 $ 878,000 Finished products 683,000 461,000 Total inventories $ 1,105,000 $ 1,339,000

LEASES

LEASES	3 Months Ended
LEASES	Mar. 31, 2024
Leases
LEASES	8. LEASES Office and Warehouse Leases and Sublease During the three months ended March 31, 2024, and 2023 the Company was a lessee as well as a sublessor for a certain office space lease. No residual value guarantees have been provided by the sublessee and the Company recognized $25,000 and $11,000 of income related to the sublease for the three months ended March 31, 2024, and 2023, respectively. Fixed sublease payments received are recognized on a straight-line basis over the sublease term and netted against operating lease expenses. The components of net operating lease expenses, recorded within operating expenses on the Company's condensed consolidated statements of operations for the three months ended March 31, 2024, and 2023, were as follows: Schedule of lease cost Three Months Ended Three Months Ended Operating lease cost $ 162,000 $ 162,000 Less: Sublease income (25,000 ) (11,000 ) Total $ 137,000 $ 151,000

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
RELATED PARTY TRANSACTIONS	Mar. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	9. RELATED PARTY TRANSACTIONS The Company is a subsidiary of Ault, and as a result Ault is deemed a related party. Allocation of General Corporate Expenses Ault provides human resources, accounting and other services to the Company, which are included as allocations of these expenses. The allocation method calculates an appropriate share of overhead costs by using Company revenue as a percentage of total revenue. This method is reasonable and consistently applied. Costs incurred in connection with the allocation of these costs are reflected in selling, general and administrative of $ 103,000 153,000 103,000 153,000 Ault has made capital contributions to the Company of $ 0 577,000 0 730,000 Related Party Sales and Receivables As of March 31, 2024, and December 31, 2023, the Company had related party receivables of $ 1,000 0 Related Party Notes and Advances Payable Related party notes and advances payable were used for working capital purposes and on March 31, 2024, and December 31, 2023, were comprised of the following: Schedule of related party notes payable Interest Due date March 31, December 31, Ault advance payable 10% - $ 3,298,000 $ 2,407,000 Chief Executive Officer 14% Default 51,000 51,000 Non-officer June and September 2023 advance payable - - 16,000 14,000 Total related party notes and advances payable $ 3,365,000 $ 2,472,000 The related party note payable accrues interest of 10%, has no fixed terms of repayment and is recorded as related party notes and advances payable. The Company recorded related party interest expense of $ 69,000 0

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
COMMITMENTS AND CONTINGENCIES	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	10. COMMITMENTS AND CONTINGENCIES Litigation Matters The Company is involved in litigation arising from other matters in the ordinary course of business. The Company is regularly subject to claims, suits, regulatory and government investigations, and other proceedings involving labor and employment, commercial disputes, and other matters. Such claims, suits, regulatory and government investigations, and other proceedings could result in fines, civil penalties, or other adverse consequences. Certain of these outstanding matters include speculative, substantial or indeterminate monetary amounts. The Company records an undiscounted liability for contingent losses, including future legal costs, settlements and judgments, when we consider it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. If the Company determines that a loss is reasonably possible and the loss or range of loss can be estimated, the Company discloses the reasonably possible loss. The Company evaluates developments in its legal matters that could affect the amount of liability that has been previously accrued, and the matters and related reasonably possible losses disclosed, and makes adjustments as additional information becomes available. Significant judgment is required to determine both the likelihood of there being a loss, and the estimated amount of a loss related to such matters. With respect to the Company’s outstanding litigation matters, based on the Company’s current knowledge, the Company believes that the amount or range of reasonably possible loss will not, either individually or in aggregate, have a material adverse effect on the Company’s business, consolidated financial position, results of operations, or cash flows. However, the outcome of such matters is inherently unpredictable and subject to significant uncertainties. Non-cancelable Obligations In the normal course of business, the Company enters non-cancelable obligations with certain parties to purchase services, such as technology equipment and subscription-based cloud service arrangements. As of March 31, 2024 and December 31, 2023, the Company had outstanding non-cancelable purchase obligations with terms of one year or longer aggregating $ 36,000

LOSS PER SHARE

LOSS PER SHARE	3 Months Ended
LOSS PER SHARE	Mar. 31, 2024
Earnings Per Share [Abstract]
LOSS PER SHARE	11. LOSS PER SHARE In accordance with ASC 260, Earnings Per Share The Company excluded the potential common stock equivalents outstanding from the calculation of diluted weighted average net loss per share for the three months ended March 31, 2024, and 2023, which would be anti-dilutive due to the net loss from continuing operations in those periods. Anti-dilutive securities, which are convertible into or exercisable for the Company’s common stock, consisted of the following at March 31, 2024 and 2023: Schedule of anti dilutive securities excluded from computation of earnings per share March 31, 2024 2023 Warrants 116,007,860 - Convertible notes - 10,961,000 Convertible preferred stock 1,250,000,000 563,063,063 Total 1,366,007,860 574,024,063

SHAREHOLDERS_ DEFICIT

SHAREHOLDERS’ DEFICIT	3 Months Ended
SHAREHOLDERS’ DEFICIT	Mar. 31, 2024
Equity [Abstract]
SHAREHOLDERS’ DEFICIT	12. SHAREHOLDERS’ DEFICIT Authorized Capital The Company is authorized to issue 2 billion (2,000,000,000) shares of common stock, par value $0.001 per share and fifty million (50,000,000) shares of preferred stock, par value $0.001 per share, of which twenty-five thousand shares (25,000) have been designated as Series A Convertible Redeemable Preferred Stock, par value $0.001 per share Common Stock The holders of the Company’s common stock have equal ratable rights to dividends from funds legally available therefore, when, and if declared by the Company’s board of directors. Holders of common stock are also entitled to share ratably in all of the Company’s assets available for distribution to holders of common stock upon liquidation, dissolution or winding up of the Company’s affairs. Except as otherwise required by law or as may be provided by the resolutions of the Board of Directors authorizing the issuance of common stock, all rights to vote and all voting power shall be vested in the holders of common stock. Each share of common stock shall entitle the holder thereof to one vote. Upon any liquidation, dissolution or winding-up of the corporation, whether voluntary or involuntary, the remaining net assets of the Company shall be distributed pro rata to the holders of the common stock.

REDEEMABLE SERIES A PREFERRED S

REDEEMABLE SERIES A PREFERRED STOCK	3 Months Ended
REDEEMABLE SERIES A PREFERRED STOCK	Mar. 31, 2024
Redeemable Series Preferred Stock
REDEEMABLE SERIES A PREFERRED STOCK	13. REDEEMABLE SERIES A PREFERRED STOCK There are 25,000 1,000 25 On April 22, 2024, the Company amended its articles of incorporation. Pursuant to the Series A Amendment, the conversion price, for purposes of determining the number of votes the holder of Series A Preferred Stock is entitled to cast, shall not be lower than $0.072. Further, the price at which the Series A Preferred Stock shall become convertible into shares of common stock of the Company shall be equal to the greater of (i) $0.02 per share or (ii) eighty (80%) percent of the Market Price as at the Conversion Date.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Mar. 31, 2024
Subsequent Events
SUBSEQUENT EVENTS	14. SUBSEQUENT EVENTS On April 29, 2024, the Company issued 24,954,170 Each warrant entitles the holder to purchase one share of common stock at a price of $.10 per share. 7,082

BASIS OF PRESENTATION AND SIG_2

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”), the instructions to Form 10-Q and Regulation S-X and do not include all the information and disclosures required by GAAP. The actual results experienced by the Company may differ materially from the Company’s estimates. These condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K
Significant Accounting Policies	Significant Accounting Policies There have been no material changes to the Company’s significant accounting policies previously disclosed in the Company’s Annual Report on Form 10-K The Company does not expect that any recently issued accounting guidance will have a significant effect on its condensed consolidated financial statements.

REVENUE DISAGGREGATION (Tables)

REVENUE DISAGGREGATION (Tables)	3 Months Ended
REVENUE DISAGGREGATION (Tables)	Mar. 31, 2024
Revenue Disaggregation
Schedule of disaggregated revenues	Schedule of disaggregated revenues For the Three Months Ended March 31, 2024 2023 Primary Geographical Markets North America $ 1,157,000 $ 784,000 Europe 4,000 - Other 64,000 92,000 Total Revenue $ 1,225,000 $ 876,000 Major Goods Power supply units $ 1,141,000 $ 825,000 EV chargers 84,000 51,000 Total Revenue $ 1,225,000 $ 876,000 Timing of Revenue Recognition Revenue recognized over time $ 9,000 $ 3,000 Goods transferred at a point in time 1,126,000 873,000 Total Revenue $ 1,225,000 $ 876,000
Schedule of concentration	Schedule of concentration For the Three Months Ended For the Three Months Ended Total Revenue Percentage of Total Revenue Percentage of by Major Total Company by Major Total Company Customers Revenue Customers Revenue Customer A $ 410,000 33 % $ 142,000 16 % Customer B $ 120,000 10 % $ 97,000 11 %

TRADE RECEIVABLES (Tables)

TRADE RECEIVABLES (Tables)	3 Months Ended
TRADE RECEIVABLES (Tables)	Mar. 31, 2024
Trade Receivables
Schedule percentage of total trade receivables	Schedule percentage of total trade receivables As of As of March 31, 2024 December 31, 2023 Customer A 33 % 35 % Customer C - % 18 %

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	3 Months Ended
PROPERTY AND EQUIPMENT, NET (Tables)	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Schedule of property and equipment March 31, 2024 December 31, 2023 Machinery and equipment $ 649,000 $ 649,000 Leasehold improvements, furniture and equipment 220,000 217,000 EV chargers 145,000 141,000 Gross property and equipment 1,014,000 1,007,000 Less: accumulated depreciation and amortization (673,000 ) (649,000 ) Property and equipment, net $ 341,000 $ 358,000

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
INVENTORIES (Tables)	Mar. 31, 2024
Inventory Disclosure [Abstract]
Schedule of inventories	Schedule of inventories March 31, 2024 December 31, 2023 Raw materials, parts and supplies $ 422,000 $ 878,000 Finished products 683,000 461,000 Total inventories $ 1,105,000 $ 1,339,000

LEASES (Tables)

LEASES (Tables)	3 Months Ended
LEASES (Tables)	Mar. 31, 2024
Leases
Schedule of lease cost	Schedule of lease cost Three Months Ended Three Months Ended Operating lease cost $ 162,000 $ 162,000 Less: Sublease income (25,000 ) (11,000 ) Total $ 137,000 $ 151,000

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Mar. 31, 2024
Related Party Transactions [Abstract]
Schedule of related party notes payable	Schedule of related party notes payable Interest Due date March 31, December 31, Ault advance payable 10% - $ 3,298,000 $ 2,407,000 Chief Executive Officer 14% Default 51,000 51,000 Non-officer June and September 2023 advance payable - - 16,000 14,000 Total related party notes and advances payable $ 3,365,000 $ 2,472,000

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	3 Months Ended
LOSS PER SHARE (Tables)	Mar. 31, 2024
Earnings Per Share [Abstract]
Schedule of anti dilutive securities excluded from computation of earnings per share	Schedule of anti dilutive securities excluded from computation of earnings per share March 31, 2024 2023 Warrants 116,007,860 - Convertible notes - 10,961,000 Convertible preferred stock 1,250,000,000 563,063,063 Total 1,366,007,860 574,024,063

DESCRIPTION OF BUSINESS (Detail

DESCRIPTION OF BUSINESS (Details Narrative)	3 Months Ended
DESCRIPTION OF BUSINESS (Details Narrative)	Mar. 31, 2024
Accounting Policies [Abstract]
Entity Incorporation, Date of Incorporation	Apr. 05, 2005

REVENUE DISAGGREGATION (Details

REVENUE DISAGGREGATION (Details) - USD ($)	3 Months Ended
REVENUE DISAGGREGATION (Details) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Total Revenue	$ 1,225,000	$ 876,000
Transferred at Point in Time [Member]
Total Revenue	9,000	3,000
Transferred over Time [Member]
Total Revenue	1,126,000	873,000
Power Supply Units [Member]
Total Revenue	1,141,000	825,000
EV Chargers [Member]
Total Revenue	84,000	51,000
North America [Member]
Total Revenue	1,157,000	784,000
Europe [Member]
Total Revenue	4,000
Other [Member]
Total Revenue	$ 64,000	$ 92,000

REVENUE DISAGGREGATION (Detai_2

REVENUE DISAGGREGATION (Details 1) - USD ($)	3 Months Ended
REVENUE DISAGGREGATION (Details 1) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Product Information [Line Items]
Revenues	$ 1,225,000	$ 876,000
Customer A [Member]
Product Information [Line Items]
Revenues	$ 410,000	$ 142,000
Customer A [Member] \| Revenue Benchmark [Member] \| Customer Concentration Risk [Member]
Product Information [Line Items]
Concentration risk, percentage	33%	16%
Customer B [Member]
Product Information [Line Items]
Revenues	$ 120,000	$ 97,000
Customer B [Member] \| Revenue Benchmark [Member] \| Customer Concentration Risk [Member]
Product Information [Line Items]
Concentration risk, percentage	10%	11%

TRADE RECEIVABLES (Details)

TRADE RECEIVABLES (Details)	Mar. 31, 2024	Dec. 31, 2023
Customer A [Member]
Total trade receivables percent	33%	35%
Customer C [Member]
Total trade receivables percent	(0.00%)	18%

TRADE RECEIVABLES (Details Narr

TRADE RECEIVABLES (Details Narrative) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Trade Receivables
Related party receivables	$ 1,000	$ 0

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,014,000	$ 1,007,000
Less: accumulated depreciation and amortization	(673,000)	(649,000)
Property and equipment, net	341,000	358,000
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	649,000	649,000
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	220,000	217,000
EV Chargers [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 145,000	$ 141,000

PROPERTY AND EQUIPMENT, NET (_2

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	3 Months Ended
PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 24,000	$ 22,000

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Raw materials, parts and supplies	$ 422,000	$ 878,000
Finished products	683,000	461,000
Total inventories	$ 1,105,000	$ 1,339,000

LEASES (Details)

LEASES (Details) - USD ($)	3 Months Ended
LEASES (Details) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Leases
Operating lease cost	$ 162,000	$ 162,000
Less: Sublease income	(25,000)	(11,000)
Total	$ 137,000	$ 151,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended
RELATED PARTY TRANSACTIONS (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Total related party notes and advances payable	$ 3,365,000	$ 2,472,000
Ault Advance Payable [Member]
Related Party Transaction [Line Items]
Interest rate	10%
Total related party notes and advances payable	$ 3,298,000	2,407,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Interest rate	14%
Total related party notes and advances payable	$ 51,000	51,000
Non Officer June And September 2023 Advance Payable [Member]
Related Party Transaction [Line Items]
Total related party notes and advances payable	$ 16,000	$ 14,000

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Allocation of general corporate expenses	$ 752,000	$ 857,000
Contributions from Parent	0	730,000
Related party receivables	1,000		$ 0
Interest expense, related party	69,000	0
Ault [Member]
Related Party Transaction [Line Items]
Capital contributions	0	577,000
Ault [Member]
Related Party Transaction [Line Items]
Allocation of general corporate expenses	103,000	153,000
Related party notes and advances payable	$ 103,000
Additional paid in capital		$ 153,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Non-cancelable purchase obligations	$ 36,000	$ 36,000

LOSS PER SHARE (Details)

LOSS PER SHARE (Details) - shares	3 Months Ended
LOSS PER SHARE (Details) - shares	Mar. 31, 2024	Mar. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	1,366,007,860	574,024,063
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	116,007,860
Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total		10,961,000
Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	1,250,000,000	563,063,063

SHAREHOLDERS_ DEFICIT (Details

SHAREHOLDERS’ DEFICIT (Details Narrative)	3 Months Ended
SHAREHOLDERS’ DEFICIT (Details Narrative)	Mar. 31, 2024
Equity [Abstract]
Authorized capital, description	The Company is authorized to issue 2 billion (2,000,000,000) shares of common stock, par value $0.001 per share and fifty million (50,000,000) shares of preferred stock, par value $0.001 per share, of which twenty-five thousand shares (25,000) have been designated as Series A Convertible Redeemable Preferred Stock, par value $0.001 per share

REDEEMABLE SERIES A PREFERRED_2

REDEEMABLE SERIES A PREFERRED STOCK (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Preferred stock, shares issued	25,000	25,000
Preferred stock, shares outstanding	25,000	25,000
Series A Preferred Stock [Member]
Preferred stock, shares issued	25,000
Preferred stock, shares outstanding	25,000
Preferred stock, stated value	$ 1,000
Preferred stock, aggregate value	$ 25,000,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)	1 Months Ended
SUBSEQUENT EVENTS (Details Narrative)	Apr. 29, 2024 USD ($) shares
Defined Benefit Plan Disclosure [Line Items]
Warrant issued \| shares	24,954,170
Common stock, conversion basis	Each warrant entitles the holder to purchase one share of common stock at a price of $.10 per share.
Related Parties [Member]
Defined Benefit Plan Disclosure [Line Items]
Proceeds from warrants distributed \| $	$ 7,082