v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total Revenues $ 1,298,864 $ 577,390
Cost of Revenues:    
Total Cost of Revenues 990,142 523,432
Gross Profit 308,722 53,958
Operating Expenses:    
Compensation 2,114,467 1,603,485
General and administrative expenses 645,883 257,136
Other operating expenses 567,200 508,825
Total Operating Expenses 3,327,550 2,369,446
Loss From Operations (3,018,828) (2,315,488)
Other Income (Expense):    
Interest income, net 15,853 16,072
Gain on settlement of debt 310,000
Gain on settlement of accounts payable, net 52,500
Change in fair value of derivative and other accrued liabilities 521 (54,742)
Other income 41,354 98,031
Total Other Income 57,728 421,861
Net Loss $ (2,961,100) $ (1,893,627)
Net Loss Per Share:    
Basic $ (0.11) $ (0.07)
Diluted $ (0.11) $ (0.07)
Weighted Average Number of Common Shares Outstanding:    
Basic 26,842,136 26,171,070
Diluted 26,842,136 26,171,070
Charging Service Revenue [Member]    
Revenues:    
Total Revenues $ 319,624 $ 324,895
Product Sales [Member]    
Revenues:    
Total Revenues 777,423 103,204
Network Fees [Member]    
Revenues:    
Total Revenues 55,559 74,470
Warranty [Member]    
Revenues:    
Total Revenues 8,060 16,508
Grant and Rebate [Member]    
Revenues:    
Total Revenues 4,579 6,714
Other [Member]    
Revenues:    
Total Revenues 133,619 51,599
Cost of Charging Services [Member]    
Cost of Revenues:    
Total Cost of Revenues 29,614 29,729
Host Provider Fees [Member]    
Cost of Revenues:    
Total Cost of Revenues 85,429 82,039
Cost of Product Sales [Member]    
Cost of Revenues:    
Total Cost of Revenues 603,998 213,320
Network Costs [Member]    
Cost of Revenues:    
Total Cost of Revenues 75,402 77,223
Warranty and Repairs and Maintenance [Member]    
Cost of Revenues:    
Total Cost of Revenues 114,909 88,872
Depreciation and Amortization [Member]    
Cost of Revenues:    
Total Cost of Revenues $ 80,790 $ 32,249

Source