This is a multifunction switch.
The > input and > output mark the signal flow through the module. When the switch is off, no signal is passed.
The t input allows you to chain together switches, controlling as many switches as you want from just one button.
The t output is the on (1) and off (0) state of the switch.
A -t output is provided for convenience.
The k output sends a number set by the two knobs on the module. The top knob is A (on) and the bottom knob is B (off).
To change the switch’s function to momentary, enter the module, right click/tap on the switch and deselect “toggle.”