Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.23.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
SCHEDULE OF REVENUE RECOGNITION BY CONTRACT

The following table summarizes revenue recognized in the condensed consolidated statements of operations:

 

    2023     2022     2023     2022  
    For The Three Months Ended     For The Six Months Ended  
    June 30,     June 30,  
    2023     2022     2023     2022  
Revenues - Recognized at a Point in Time                                
Product sales   $ 24,587     $ 8,828     $ 40,976     $ 16,880  
Charging service revenue - company-owned charging stations     4,367       1,494       7,252       2,601  
Other     155       189       227       288  
Total Revenues - Recognized at a Point in Time     29,109       10,511       48,455       19,769  
                                 
Revenues - Recognized Over a Period of Time:                                
Network and other fees     2,588       571       4,609       799  
Total Revenues - Recognized Over a Period of Time     2,588       571       4,609       799  
                                 
Revenues- Other                                
Car-sharing services     957       279       1,209       518  
Grant and rebate     188       125       237       200  
Total Revenues - Other     1,145       404       1,446       718  
                                 
Total Revenue   $ 32,842     $ 11,486     $ 54,510     $ 21,286  
SCHEDULE OF REVENUE RECOGNITION BY GEOGRAPHICAL AREA

The following table summarizes our revenue recognized in the condensed consolidated statements of operations by geographical area:

 

    2023     2022     2023     2022  
    For The Three Months Ended     For The Six Months Ended  
    June 30,     June 30,  
    2023     2022     2023     2022  
Revenues by Geographical Area                                
U.S.A   $ 24,435     $ 7,323     $ 37,610     $ 13,179  
International     8,407       4,163       16,900       8,107  
Total Revenue   $ 32,842     $ 11,486     $ 54,510     $ 21,286  
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:

 

    2023     2022  
    For the Three and Six Months Ended  
    June 30,  
    2023     2022  
Warrants     1,150,152       3,255,114  
Options     946,685       1,015,787  
Total potentially dilutive shares     2,096,837       4,270,901