Summary of Significant Accounting Policies (Tables)
|
3 Months Ended |
Mar. 31, 2021 |
|---|
| Accounting Policies [Abstract] |
|
| Summary of Investments |
The following summarizes the Company’s investments
as of March 31, 2021 and December 31, 2020:
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|
March 31, 2021 |
|
|
December 31, 2020 |
|
| |
|
|
|
|
|
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| Short-term investments: |
|
|
|
|
|
|
|
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| Available- for-sale investments |
|
$ |
36,506,174 |
|
|
$ |
- |
|
|
| Schedule of Unrealized Gains, Losses on Investment |
The following is a summary of the unrealized gains,
losses, and fair value by investment type as of March 31, 2021:
| |
|
March 31, 2021 |
|
| |
|
Amortized Cost |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
| Fixed income |
|
$ |
36,562,212 |
|
|
$ |
- |
|
|
$ |
(56,038 |
) |
|
$ |
36,506,174 |
|
|
| Schedule of Revenue Recognition by Contract |
The following table summarizes revenue recognized under ASC 606 in the
condensed consolidated statements of operations:
| |
|
For The Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2021 |
|
|
2020 |
|
| |
|
|
|
|
|
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| Revenues - Recognized at a Point in Time: |
|
|
|
|
|
|
|
|
| Charging service revenue - company-owned charging stations |
|
$ |
181,598 |
|
|
$ |
319,624 |
|
| Product sales |
|
|
1,670,594 |
|
|
|
777,423 |
|
| Other |
|
|
61,050 |
|
|
|
133,619 |
|
| Total Revenues - Recognized at a Point in Time |
|
|
1,913,242 |
|
|
|
1,230,666 |
|
| |
|
|
|
|
|
|
|
|
| Revenues - Recognized Over a Period of Time: |
|
|
|
|
|
|
|
|
| Ride-sharing services |
|
|
45,512 |
|
|
|
- |
|
| Network and other fees |
|
|
123,073 |
|
|
|
63,619 |
|
| Total Revenues - Recognized Over a Period of Time |
|
|
168,585 |
|
|
|
63,619 |
|
| |
|
|
|
|
|
|
|
|
| Total Revenue Under ASC 606 |
|
$ |
2,081,827 |
|
|
$ |
1,294,285 |
|
|
| 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:
| |
|
For the Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2021 |
|
|
2020 |
|
| Warrants |
|
|
3,510,129 |
|
|
|
6,840,049 |
|
| Options |
|
|
644,987 |
|
|
|
382,844 |
|
| Unvested restricted common stock |
|
|
48,819 |
|
|
|
110,160 |
|
| Total potentially dilutive shares |
|
|
4,203,935 |
|
|
|
7,333,053 |
|
|