Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Charging service revenue $ 384,470 $ 389,785
Grant and rebate revenue 99,780 646,185
Equipment sales 290,205 220,807
Other 89,085 34,524
Total Revenues 863,540 1,291,301
Cost of Revenues:    
Cost of charging services 416,673 673,884
Depreciation and amortization 202,104 214,475
Cost of equipment sales 151,401 170,779
Total Cost of Revenues 770,178 1,059,138
Gross Profit 93,362 232,163
Operating Expenses:    
Compensation 1,463,779 2,784,654
Other operating expenses 344,803 316,570
General and administrative expenses 268,904 712,080
Total Operating Expenses 2,077,486 3,813,304
Loss From Operations (1,984,124) (3,581,141)
Other (Expense) Income:    
Interest expense, net (35,238) (9,059)
Amortization of discount on convertible debt (41,998)
Gain on settlement of accounts payable, net 40,500
Gain on settlement of other trade liabilities 51,064
Change in fair value of warrant liabilities (2,014,408) 598,009
Loss on disposal of fixed assets (2,831)
Investor warrant expense (5,827) (275,908)
Non-compliance penalty for delinquent regular SEC filings (220,864) (463,500)
Non-compliance penalty for SEC registration requirement (137,500)
Total Other Expense (2,416,668) (100,892)
Net Loss (4,400,792) (3,682,033)
Less: Net income attributable to noncontrolling interest 53,737
Net Loss Attributable to Car Charging Group, Inc. (4,400,792) (3,735,770)
Dividend attributable to Series C shareholders (318,400) (202,000)
Net Loss Attributable to Common Shareholders $ (4,719,192) $ (3,937,770)
Net Loss Per Share - Basic and Diluted $ (0.06) $ (0.05)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 79,584,537 77,832,505