| SCHEDULE OF REVENUE RECOGNITION BY CONTRACT |
The
following table summarizes revenue recognized in the condensed consolidated statements of operations:
SCHEDULE OF REVENUE RECOGNITION BY CONTRACT
|
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
|
|
For The Three Months Ended |
|
|
For The Nine Months Ended |
|
|
|
September 30, |
|
|
September 30, |
|
|
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Revenues - Recognized at a Point in Time |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Product sales |
|
$ |
13,448 |
|
|
$ |
35,059 |
|
|
$ |
64,538 |
|
|
$ |
76,035 |
|
| Charging service revenue - company-owned charging stations |
|
|
5,254 |
|
|
|
3,859 |
|
|
|
15,217 |
|
|
|
11,111 |
|
| Other |
|
|
598 |
|
|
|
687 |
|
|
|
1,176 |
|
|
|
914 |
|
| Total Revenues - Recognized at a Point in Time |
|
|
19,300 |
|
|
|
39,605 |
|
|
|
80,931 |
|
|
|
88,060 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues - Recognized Over a Period of Time: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Network fees |
|
|
2,332 |
|
|
|
1,973 |
|
|
|
6,304 |
|
|
|
5,268 |
|
| Warranty |
|
|
1,405 |
|
|
|
849 |
|
|
|
3,698 |
|
|
|
2,163 |
|
| Total Revenues - Recognized Over a Period of Time |
|
|
3,737 |
|
|
|
2,822 |
|
|
|
10,002 |
|
|
|
7,431 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues- Other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Car-sharing services |
|
|
1,168 |
|
|
|
903 |
|
|
|
3,467 |
|
|
|
2,112 |
|
| Grant and rebate |
|
|
982 |
|
|
|
47 |
|
|
|
1,617 |
|
|
|
284 |
|
| Total Revenues - Other |
|
|
2,150 |
|
|
|
950 |
|
|
|
5,084 |
|
|
|
2,396 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Revenue |
|
$ |
25,187 |
|
|
$ |
43,377 |
|
|
$ |
96,017 |
|
|
$ |
97,887 |
|
|
| SCHEDULE OF REVENUE RECOGNITION BY GEOGRAPHICAL AREA |
The
following table summarizes our revenue recognized in the condensed consolidated statements of operations by geographical area:
SCHEDULE OF REVENUE RECOGNITION BY GEOGRAPHICAL AREA
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| |
|
For The Three Months Ended |
|
|
For The Nine Months Ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Revenues by Geographical Area |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S.A |
|
$ |
17,656 |
|
|
$ |
34,126 |
|
|
$ |
69,475 |
|
|
$ |
71,736 |
|
| International |
|
|
7,531 |
|
|
|
9,251 |
|
|
|
26,542 |
|
|
|
26,151 |
|
| Total Revenue |
|
$ |
25,187 |
|
|
$ |
43,377 |
|
|
$ |
96,017 |
|
|
$ |
97,887 |
|
|
| 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:
SCHEDULE OF OUTSTANDING DILUTED SHARES EXCLUDED FROM DILUTED LOSS PER SHARE COMPUTATION
| |
|
2024 |
|
|
2023 |
|
| |
|
For the Three and Nine Months Ended |
|
| |
|
September 30, |
|
| |
|
2024 |
|
|
2023 |
|
| Warrants |
|
|
1,150,152 |
|
|
|
1,150,152 |
|
| Restricted stock units |
|
|
8,537 |
|
|
|
- |
|
| Options |
|
|
905,297 |
|
|
|
1,035,867 |
|
| Total potentially dilutive shares |
|
|
2,063,986 |
|
|
|
2,186,019 |
|
|