Quarterly report pursuant to Section 13 or 15(d)

Other Assets

v3.10.0.1
Other Assets
6 Months Ended
Jun. 30, 2018
Other Assets [Abstract]  
Other Assets

3. OTHER ASSETS

 

During the six months ended June 30, 2018, the Company entered into purchase commitments to acquire second generation charging stations with an aggregate value of $3,156,629. The Company has an aggregate deposit of $986,031 for these charging stations, which is included within other assets on the Company’s condensed consolidated balance sheet as of June 30, 2018. As of June 30, 2018, the Company had a remaining purchase commitment of $2,170,598, which will come due upon delivery of the charging stations.