Quarterly report pursuant to sections 13 or 15(d)

Beam Acqusition (Tables)

v2.4.0.6
Beam Acqusition (Tables)
 3 Months Ended
Mar. 31, 2013
Beam Acquisition [Abstract]  
Summary the preliminary fair value of assets acquired and liabilities assumed
 
   
February 26, 2013
  
Cash
  
$
69
  
Fixed assets, net
    
489,155
  
Amortizable intangible assets
    
1,467,000
  
Current liabilities
    
(631,945
)
 Net identifiable assets
    
1,324,279
  
Goodwill
    
1,271,871
  
Total consideration given
  
$
2,596,150
  
 
Schedule of fair value of intangible assets pending finalization of a third party valuation
   
March 31, 2013
  
Provider agreements for locations awaiting installation of EV charging stations
   $ 829,000  
Awarded government grants for installation of EV charging stations
     638,000  
    $ 1,467,000  
Less: Accumulated amortization
     (6,906 )
Balance at March 31, 2013
   $ 1,460,094  
 
Summary of revenue and net loss attributable to beam combined acquisition
For the period February 26, 2013 through March 31, 2013:
 
   
Car Charging
 Group, Inc.
    
 Beam
    
 Combined
  
Revenue
   $ 14,542     $ 1,033     $ 15,575  
Net Loss
   $ 2,194,751     $
28,310
     $
2,223,061
  
 
For the period of January 1, 2013 through March 31, 2013:
 
   
Car Charging
 Group, Inc.
    
 Beam
    
 Combined
  
Revenue
   $ 14,542     $
1,733
     $
16,275
  
Net Loss
   $ 2,194,751     $
65,221
     $
2,259,972
  
 
For the period of January 1, 2012 through March 31, 2012:
 
   
Car Charging
 Group, Inc.
    
Beam
    
Combined
  
Revenue
  
$
2,605
    
$
844
    
$
3,449
  
Net Loss
  
$
1,532,806
    
$
67,570
    
$
1,600,376