Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.3.1.900
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Charging service revenue $ 389,785 $ 255,659
Grant and rebate revenue 646,185 62,633
Equipment sales 220,807 $ 37,393
Other 34,524
Total Revenues 1,291,301 $ 355,685
Cost of Revenues:    
Cost of charging services 622,820 535,608
Depreciation and amortization 214,475 745,877
Cost of equipment sales 170,779 30,716
Total Cost of Revenues 1,008,074 1,312,201
Gross Profit (Loss) 283,227 (956,516)
Operating Expenses:    
Compensation 2,784,654 1,820,727
Other operating expenses 316,570 402,863
General and administrative expenses 712,080 965,634
Total Operating Expenses 3,813,304 3,189,224
Loss From Operations (3,530,077) (4,145,740)
Other (Expense) Income:    
Interest expense, net (9,059) $ (34,331)
Amortization of discount on convertible debt (41,998)
Gain on settlement of accounts payable 40,500 $ 36,789
Change in fair value of warrant liabilities 598,009 $ 284,365
Investor warrant expense (275,908)
Non-compliance penalty for delinquent regular SEC filings (463,500)
Total Other (Expense) Income (151,956) $ 286,823
Net Loss (3,682,033) $ (3,858,917)
Less: Net income attributable to noncontrolling interest 53,737
Net Loss Attributable to Car Charging Group, Inc. (3,735,770) $ (3,858,917)
Dividend attributable to Series C shareholders (202,000)
Net Loss Attributable to Common Shareholders $ (3,937,770) $ (3,858,917)
Net Loss Per Share - Basic and Diluted $ (0.05) $ (0.05)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 77,832,505 77,568,104