Summary of Significant Accounting Policies (Tables)
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6 Months Ended |
Jun. 30, 2019 |
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| Accounting Policies [Abstract] |
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| Summary of Investments |
The
following summarizes our investments as of June 30, 2019 and December 31, 2018:
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June 30, 2019 |
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December 31, 2018 |
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| Short-term investments: |
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| Available- for-sale investments |
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$ |
3,032,386 |
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$ |
2,878,664 |
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| Schedule of Unrealized Gains on Investment |
The
following is a summary of the unrealized gains, and fair value by investment type as of June 30, 2019 and December 31, 2018:
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June 30, 2019 |
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Gross Unrealized Gains |
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Fair Value |
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| Fixed income |
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$ |
141,007 |
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$ |
3,032,386 |
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December 31, 2018 |
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Gross Unrealized Gains |
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Fair Value |
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| Fixed income |
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$ |
- |
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|
$ |
2,878,664 |
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| Schedule of Revenue Recognition by Contract |
The
following table summarizes revenue recognized under ASC 606 in the condensed consolidated statements of operations:
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For The Three Months Ended |
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For The Six Months Ended |
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June 30, |
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June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
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| Revenues - Recognized at a Point in Time: |
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| Charging service revenue - company-owned charging stations |
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$ |
294,985 |
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$ |
301,350 |
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$ |
619,880 |
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$ |
607,097 |
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| Product sales |
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282,014 |
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142,839 |
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385,218 |
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278,599 |
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| Other |
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36,661 |
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45,131 |
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88,260 |
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|
95,660 |
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| Total Revenues - Recognized at a Point in Time |
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613,660 |
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489,320 |
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1,093,358 |
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|
981,356 |
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| Revenues - Recognized Over a Period of Time: |
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| Network fees and other |
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95,643 |
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89,991 |
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186,621 |
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177,644 |
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| Total Revenues - Recognized Over a Period of Time |
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95,643 |
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89,991 |
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186,621 |
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177,644 |
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| Total Revenue Under ASC 606 |
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$ |
709,303 |
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$ |
579,311 |
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$ |
1,279,979 |
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$ |
1,159,000 |
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| 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 outstanding because their
inclusion would have been anti-dilutive:
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For the Three and Six Months Ended |
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June 30, |
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2019 |
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2018 |
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| Convertible preferred stock |
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1,642,628 |
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2,447,756 |
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| Warrants |
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6,841,049 |
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6,855,224 |
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| Options |
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135,741 |
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106,408 |
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| Total potentially dilutive shares |
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8,619,418 |
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9,409,388 |
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