Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total Revenues $ 624,418 $ 532,974 $ 1,220,338 $ 1,128,594
Cost of Revenues:        
Total Cost of Revenues 453,643 390,049 877,742 822,456
Gross Profit 170,775 142,925 342,596 306,138
Operating Expenses:        
Compensation 1,131,179 2,013,680 4,819,815 3,011,037
Other operating expenses 493,037 210,762 676,992 453,703
General and administrative expenses 381,350 238,375 482,519 552,083
Lease termination costs 300,000
Total Operating Expenses 2,005,566 2,462,817 5,979,326 4,316,823
Loss From Operations (1,834,791) (2,319,892) (5,636,730) (4,010,685)
Other Income (Expense)        
Interest expense (8,533) (218,288) (113,513) (358,949)
Interest expense - related party share transfer (see Note 8) (785,200)
Amortization of discount on convertible debt (1,097,777) (528,929) (1,712,678)
Loss on disposal of property and equipment (12,698) (12,698)
Gain on settlement of accounts payable, net 920,352 23,928
Loss on settlement reserve (350,588) (127,941) (525,588)
Change in fair value of derivative and other accrued liabilities 623,237 (316,504) 3,647,835 (780,793)
Loss on settlement of liabilities for equity (2,192,045)
Loss on deconsolidation of 350 Green (97,152) (97,152)
Gain on settlement of liabilities to JMJ for equity 5,800,175
Non-compliance penalty for SEC registration requirement (15,966) (51,982)
Total Other Income (Expense) 602,006 (2,096,275) 6,608,033 (3,503,214)
Net (Loss) Income (1,232,785) (4,416,167) 971,303 (7,513,899)
Dividend attributable to Series C shareholders (790,900) (607,800) (1,545,800)
Deemed dividend (23,458,931)
Net Loss Attributable to Common Shareholders $ (1,232,785) $ (5,207,067) $ (23,095,428) $ (9,059,699)
Net Loss Per Share - Basic and Diluted $ (0.05) $ (3.21) $ (1.45) $ (5.61)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 23,229,166 1,621,858 15,891,388 1,615,728
Charging Service Revenue [Member]        
Revenues:        
Total Revenues $ 301,350 $ 244,931 $ 607,097 $ 512,805
Product Sales [Member]        
Revenues:        
Total Revenues 142,839 56,957 278,599 210,544
Grant and Rebate Revenue [Member]        
Revenues:        
Total Revenues 45,107 84,331 61,338 117,141
Warranty Revenue [Member]        
Revenues:        
Total Revenues 33,957 31,855 64,359 66,704
Network Fees [Member]        
Revenues:        
Total Revenues 56,034 59,492 113,285 108,730
Other [Member]        
Revenues:        
Total Revenues 45,131 55,408 95,660 112,670
Cost of Charging Services [Member]        
Cost of Revenues:        
Total Cost of Revenues 79,060 38,115 122,821 64,678
Host Provider Fees [Member]        
Cost of Revenues:        
Total Cost of Revenues 97,327 92,938 205,732 147,385
Cost of Product Sales [Member]        
Cost of Revenues:        
Total Cost of Revenues 39,287 162,659 102,820 241,171
Network Costs [Member]        
Cost of Revenues:        
Total Cost of Revenues 77,297 73,310 144,225 214,894
Warranty and Repairs and Maintenance [Member]        
Cost of Revenues:        
Total Cost of Revenues 86,001 (76,244) 149,729 (57,096)
Depreciation and Amortization [Member]        
Cost of Revenues:        
Total Cost of Revenues $ 74,671 $ 99,271 $ 152,415 $ 211,424