Income Statement

v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total Revenues $ 2,232,062 $ 1,298,864
Cost of Revenues:    
Total Cost of Revenues 2,135,683 990,142
Gross Profit 96,379 308,722
Operating Expenses:    
Compensation 4,748,151 2,114,467
General and administrative expenses 1,584,987 645,883
Other operating expenses 1,149,706 567,200
Total Operating Expenses 7,482,844 3,327,550
Loss From Operations (7,386,465) (3,018,828)
Other Income:    
Interest income 14,997 15,853
Change in fair value of derivative and other accrued liabilities 6,993 521
Other income 41,354
Total Other Income 21,990 57,728
Net Loss $ (7,364,475) $ (2,961,100)
Net Loss Per Share:    
Basic $ (0.18) $ (0.11)
Diluted $ (0.18) $ (0.11)
Weighted Average Number of Common Shares Outstanding:    
Basic 41,138,095 26,842,136
Diluted 41,138,095 26,842,136
Product Sales [Member]    
Revenues:    
Total Revenues $ 1,670,594 $ 777,423
Charging Service Revenue [Member]    
Revenues:    
Total Revenues 181,598 319,624
Network Fees [Member]    
Revenues:    
Total Revenues 109,856 55,559
Warranty [Member]    
Revenues:    
Total Revenues 13,217 8,060
Grant and Rebate [Member]    
Revenues:    
Total Revenues 150,235 4,579
Ride-sharing Services [Member]    
Revenues:    
Total Revenues 45,512
Cost of Revenues:    
Total Cost of Revenues 246,117
Other [Member]    
Revenues:    
Total Revenues 61,050 133,619
Cost of Product Sales [Member]    
Cost of Revenues:    
Total Cost of Revenues 1,117,915 603,998
Cost of Charging Services [Member]    
Cost of Revenues:    
Total Cost of Revenues 49,772 29,614
Host Provider Fees [Member]    
Cost of Revenues:    
Total Cost of Revenues 126,421 85,429
Network Costs [Member]    
Cost of Revenues:    
Total Cost of Revenues 79,393 75,402
Warranty and Repairs and Maintenance [Member]    
Cost of Revenues:    
Total Cost of Revenues 261,151 114,909
Depreciation and Amortization [Member]    
Cost of Revenues:    
Total Cost of Revenues $ 254,914 $ 80,790

Source