Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of Estimated Useful Life of Property and Equipment

Fixed assets are stated at cost, net of accumulated depreciation and amortization which is recorded commencing at the in-service date using the straight-line method over the estimated useful lives of the assets, as set forth in the following table:

 

Asset   Useful Lives
(In Years) 		 
       
Computer software and office and computer equipment     3 - 5  
Machinery and equipment, automobiles, furniture and fixtures     3 - 10  
Installed Level 2 electric vehicle charging stations     3  
Installed Level 3 (DC Fast Chargers (“DCFC”)) electric vehicle charging stations     5  

Schedule of Outstanding Diluted Shares Outstanding from Diluted Loss Per Share Computation

The following common stock equivalents are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

 

    December 31,  
    2016     2015  
Preferred stock     52,650,207       48,378,148  
Warrants     54,755,740       61,043,591  
Options     7,461,665       7,781,667  
Convertible notes     816,580       48,840  
Total potentially dilutive shares     115,684,192       117,252,246