General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Cash Flows

v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Cash Flows From Operating Activities        
Net loss $ (6,746,768) $ (4,920,832) $ (8,244,924) $ (23,229,319)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 465,747 478,830 935,355 2,989,946
Amortization of discount on convertible debt 41,998 63,473 61,626
Change in fair value of warrant liabilities 2,194,257 (888,907) (3,262,637) (3,868,374)
Release from obligation to U.S. Department of Energy     (1,833,896) (482,611)
Provision for loss on advanced commissions     143,250
Provision for bad debt (1,066) (1,347) 19,421
Gain on sale of fixed assets, net 8,597 2,160 (81,567)
Gain on settlement of accounts payable, net (40,500) (60,597) (36,789)
Gain on settlement of other trade liabilities     (209,086)
Impairment of goodwill     4,901,261
Impairment of intangible assets     536,161
Impairment of charging stations     2,854,422
Impairment of Ecotality investment     1,200,000
Inventory obsolescence charge     1,437,553
Non-compliance penalty for delinquent regular SEC filings 476,713 653,150 1,722,217 711,517
Non-compliance penalty for SEC registration requirement 137,500 228,750 807,188
Preferred stock issuance costs     71,808
Provision for inventory shrinkage     92,998
Loss on disposal/replacement of charging stations     39,768
Convertible preferred stock 131,967 728,962 1,158,033
Common stock 104,776 768,588 1,294,132 389,406
Options 599,011 1,076,428 1,324,803 2,397,408
Warrants 6,284 288,862 288,862 1,451,937
Changes in operating assets and liabilities:        
Accounts receivable and other receivables 405,371 (256,801) (285,926) (162,740)
Inventory 190,277 231,937 288,518 (1,264,557)
Prepaid expenses and other current assets 181,680 (162,599) (338,821) (256,214)
Deposit (4,511) (4,511)
Other assets 39,965 (20) 477,491 127,454
Accounts payable and accrued expenses 781,744 37,660 798,118 1,705,734
Deferred rent (6,564) (6,564)
Deferred revenue (410,560) (115,042) (207,881) 344,846
Total Adjustments 5,312,263 998,388 2,307,687 16,192,998
Net Cash Used in Operating Activities (1,434,505) (3,922,444) (5,937,237) (7,036,321)
Cash Flows From Investing Activities        
Purchase of automobile     (137,165)
Purchase of electric charging stations (58,669) (42,487) (460,798)
Purchase of network software     (162,150)
Proceeds from sale of fixed assets     108,701
Investment in estate of Ecotality net of amount owed to Ecotality Estate Creditor's Committee (210,965) (210,965) (70,000)
Net Cash Used In Investing Activities (58,669) (253,452) (102,264) (830,113)
Cash Flows From Financing Activities        
Proceeds from issuance of notes payable and convertible notes payable 400,000
Proceeds from sale of shares of Series C Convertible Preferred stock and warrants 1,367,120 3,000,000 4,930,000 1,470,000
Payment of Series C Convertible Preferred Stock issuance costs (52,500)    
Proceeds from issuance of convertible notes payable to a related party 200,000    
Payment of notes and convertible notes payable (26,910) (171,585) (328,330) (213,843)
Net Cash Provided by Financing Activities 1,487,710 2,828,415 4,601,670 1,656,157
Net Decrease In Cash (5,464) (1,347,481) (1,437,831) (6,210,277)
Cash - Beginning 189,231 1,627,062 1,627,062 7,837,339
Cash - Ending 183,767 279,581 189,231 1,627,062
Supplemental Disclosures of Cash Flow Information:        
Interest expense 303 10,018 34,414 2,851
Non-cash investing and financing activities:        
Return and retirement of common stock in connection with settlement 45,000    
Issuance of common stock in exchange for conversion of warrants     469
Common stock issued for settlement of accounts payable     4,999
Reclassification of chargers to other assets     462,532
Issuance of common stock for services previously accrued 26,982 94,999 94,999 137,000
Extinguishment of partial derivative liability     4,355,345
Warrants issued in exchange for derivative warrant liabilities     1,385,167
Forbearance of Ecotality accounts receivable     94,035
Accrual of contractual dividends on Series C Convertible Preferred Stock     20,800
Warrants issued in connection with issuance of convertible note payable     79,983
Issuance of Series C Convertible Preferred Stock in settlement of accrued registration rights penalty and related interest 2,069,700 2,069,700
Accrual of contractual dividends on Series C Convertible Preferred Stock 683,700 414,400 950,100
Issuance of Series C Convertible Preferred Stock in satisfaction of contractual dividends (611,600) (435,200) (677,700)
Warrants issued in connection with extension of convertible note payable 23,641 42,242
Warrants reclassified to derivative liabilities 281,403 281,403 914,977
Issuance of Series B Convertible Preferred Stock to the Creditors of ECOtality     $ 825,000
Accrual of issuance costs on Series C Convertible Preferred Stock $ 159,335