Annual report pursuant to Section 13 and 15(d)

Deferred Revenue (Tables)

v3.5.0.2
Deferred Revenue (Tables)
 12 Months Ended
Dec. 31, 2015
Deferred Revenue Disclosure [Abstract]  
Schedule Deferred Revenue

Deferred revenue consists of the following:

 

    December 31,  
    2015     2014  
             
Nissan   $ 144,072     $ 681,758  
NYSERDA     90,021       279,477  
CEC     84,274       205,140  
NV Energy Commission     17,626       32,626  
PA Turnpike     64,747       -  
Green Commuter     500,000       -  
Other     132,563       36,331  
Total deferred revenue     1,033,303       1,235,332  
Deferred revenue, non-current portion     (109,180 )     (275,370 )
Current portion of deferred revenue   $ 924,123     $ 959,962  

Schedule of Deferred Revenue Recognized

It is anticipated that deferred revenue as of December 31, 2015 will be recognized over the next four years as follows:

 

For the Year Ending      
December 31,   Revenue  
       
2016   $ 924,123  
2017     60,190  
2018     35,398  
2019     13,592  
Total   $ 1,033,303