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, 2017
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.

 

    Useful Lives  
Asset   (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 Excluded from Diluted Loss Per Share Computation

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

 

    For the Years Ended  
    December 31,  
    2017     2016  
Convertible preferred stock     2,998,355       1,053,004  
Warrants     275,332       1,035,115  
Options     107,901       149,233  
Convertible notes     20,555       16,332  
Total potentially dilutive shares     3,402,143       2,253,684