Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenues:    
Charging service revenue - company-owned charging stations $ 1,144,016 $ 1,074,163
Product sales 1,126,939 805,143
Grant and rebate revenue 332,672 1,169,149
Warranty revenue 136,375 82,508
Network fees 244,509 179,254
Other 341,510 647,578
Total Revenues 3,326,021 3,957,795
Cost of Revenues:    
Cost of charging services - company-owned charging stations 189,498 184,312
Host provider fees 458,931 326,872
Cost of equipment sales 501,729 370,926
Network costs 511,438 460,770
Warranty and repairs and maintenance 346,477 671,474
Depreciation and amortization 805,607 847,384
Total Cost of Revenues 2,813,680 2,861,738
Gross Profit 512,341 1,096,057
Operating Expenses:    
Compensation 4,879,612 8,200,246
Other operating expenses 1,451,683 1,662,748
General and administrative expenses 1,393,954 2,552,857
Total Operating Expenses 7,725,249 12,415,851
Loss From Operations (7,212,908) (11,319,794)
Other (Expense) Income:    
Interest expense (256,098) (82,565)
Amortization of discount on convertible debt (962,412) (63,473)
Gain on settlement or forgiveness of accounts payable and accrued expenses 840,625 60,597
Gain on settlement of other trade liabilities 209,086
Change in fair value of warrant liabilities 727,239 3,262,637
Loss on disposal of fixed assets (17,557)
Gain on sale of fixed assets, net 81,567
Investor warrant expense (7,295) (275,908)
Non-compliance penalty for delinquent regular SEC filings (571,543) (1,722,217)
Non-compliance penalty for SEC registration requirement (239,178) (228,750)
Release from obligation to U.S. Department of Energy 1,833,896
Total Other (Expense) Income (486,219) 3,074,870
Net Loss (7,699,127) (8,244,924)
Less: Net income attributable to the noncontrolling interests 389,600
Net Loss Attributable to Car Charging Group, Inc. (7,699,127) (8,634,524)
Dividend attributable to Series C shareholders (1,468,500) (950,100)
Net Loss Attributable to Common Shareholders $ (9,167,627) $ (9,584,624)
Net Loss Per Share    
- Basic and Diluted $ (0.11) $ (0.12)
Weighted Average Number of Common Shares Outstanding    
- Basic and Diluted 80,156,946 79,029,180