Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues:    
Total Revenues $ 2,759,190 $ 2,686,237
Cost of Revenues:    
Total Cost of Revenues 2,366,779 1,783,747
Gross Profit 392,411 902,490
Operating Expenses:    
Compensation 6,750,753 9,722,799
General and administrative expenses 1,916,817 1,377,370
Other operating expenses 2,196,784 1,414,030
Total Operating Expenses 10,864,354 12,514,199
Loss From Operations (10,471,943) (11,611,709)
Other Income (Expense):    
Interest income (expense), net 73,158 (106,060)
Interest expense - related party share transfer (785,200)
Amortization of discount on convertible debt (528,929)
Gain on settlement of debt 310,000
Gain on settlement of accounts payable, net 273,667 972,637
Loss on settlement reserve (127,941)
Change in fair value of derivative and other accrued liabilities (65,104) 5,093,024
Change in fair value of investments (161,823)
Loss on settlement of liabilities for equity (2,136,860)
Gain on settlement of liabilities to JMJ for equity 5,800,175
Gain on extinguishment of derivative liabilities 24,240
Other income 231,722 147,243
Total Other Income 823,443 8,190,506
Net Loss (9,648,500) (3,421,203)
Deemed dividend (23,458,931)
Net Loss Attributable to Common Shareholders $ (9,648,500) $ (26,880,134)
Net Loss Per Share:    
Basic $ (0.37) $ (1.30)
Diluted $ (0.37) $ (1.30)
Weighted Average Number of Common Shares Outstanding:    
Basic 26,237,486 20,667,306
Diluted 26,237,486 20,667,306
Charging Service Revenue [Member]    
Revenues:    
Total Revenues $ 1,359,218 $ 1,264,719
Product Sales [Member]    
Revenues:    
Total Revenues 856,243 476,930
Network Fees [Member]    
Revenues:    
Total Revenues 301,627 241,826
Warranty [Member]    
Revenues:    
Total Revenues 52,996 109,614
Grant and Rebate [Member]    
Revenues:    
Total Revenues 22,396 74,776
Other [Member]    
Revenues:    
Total Revenues 166,710 518,372
Cost of Charging Services [Member]    
Cost of Revenues:    
Total Cost of Revenues 151,479 182,323
Host Provider Fees [Member]    
Cost of Revenues:    
Total Cost of Revenues 420,075 375,384
Cost of Product Sales [Member]    
Cost of Revenues:    
Total Cost of Revenues 961,192 426,048
Network Costs [Member]    
Cost of Revenues:    
Total Cost of Revenues 255,339 278,534
Warranty and Repairs and Maintenance [Member]    
Cost of Revenues:    
Total Cost of Revenues 450,765 261,877
Depreciation and Amortization [Member]    
Cost of Revenues:    
Total Cost of Revenues $ 127,929 $ 259,581