Quarterly report [Sections 13 or 15(d)]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO MARKETABLE SECURITIES

The following table provides supplemental information related to marketable securities:

 

    2025     2024     2025     2024  
    For the Three Months Ended     For the Nine Months Ended  
    September 30,     September 30,  
    2025     2024     2025     2024  
Net gains recognized during the period on trading securities   $ -     $ 56     $ 47     $ 155  
Less: net gains recognized during the period on trading securities sold during the period     -       (13 )     (47 )     (63 )
Unrealized gains recognized during the reporting period on trading securities still held at the reporting date   $ -     $ 43     $ -     $ 92  
SCHEDULE OF REVENUE RECOGNITION

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

 

    2025     2024     2025     2024  
    For The Three Months Ended     For The Nine Months Ended  
    September 30,     September 30,  
    2025     2024     2025     2024  
Revenues - Recognized at a Point in Time                                
Product sales   $ 13,035     $ 13,448     $ 35,924     $ 64,538  
Charging service revenue     7,758       5,254       22,229       15,217  
Warranty     512       -       1,052       -  
Other     587       598       2,053       1,176  
Total Revenues - Recognized at a Point in Time     21,892       19,300       61,258       80,931  
                                 
Revenues - Recognized Over a Period of Time:                                
Network fees     2,874       2,332       8,454       6,304  
Warranty     974       1,405       2,971       3,698  
Total Revenues - Recognized Over a Period of Time     3,848       3,737       11,425       10,002  
                                 
Revenues- Other                                
Car-sharing services     1,231       1,168       3,517       3,467  
Grant and fees rebate     59       982       251       1,617  
Total Revenues - Other     1,290       2,150       3,768       5,084  
                                 
Total Revenue   $ 27,030     $ 25,187     $ 76,451     $ 96,017  
SCHEDULE OF REVENUE RECOGNITION BY GEOGRAPHICAL AREA

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

 

    2025     2024     2025     2024  
    For The Three Months Ended     For The Nine Months Ended  
    September 30,     September 30,  
    2025     2024     2025     2024  
Revenues by Geographical Area                                
U.S.A   $ 18,605     $ 17,656     $ 48,875     $ 69,475  
International     8,425       7,531       27,576       26,542  
Total Revenue   $ 27,030     $ 25,187     $ 76,451     $ 96,017  

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 and Nine Months Ended  
    September 30,  
    2025     2024  
Warrants     5,048,329       1,150,152  
Options     569,038       905,297  
Restricted stock units     1,681,564       8,537  
Total potentially dilutive shares     7,298,931       2,063,986