General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 7,837,339 $ 13,416
Accounts receivable and other receivables net of allowance for doubtful accounts of $0 and $0, respectively 216,003   
Inventory 1,441,792   
Advanced commissions net of an allowance of $385,750 and $0, respectively 20,000 300,750
Prepaid expenses and other current assets 271,675 357,312
Total current assets 9,786,809 671,478
OTHER ASSETS:    
Property and Equipment      
EV Charging stations, net of accumulated depreciation of $2,433,487 and $363,918, respectively 7,015,237 960,234
Software, net of accumulated amortization of $65,515 and $0, respectively 260,820   
Automobiles, net of accumulated depreciation of $39,662 and $15,292, respectively 93,089 99,400
Office and computer equipment, net of accumulated depreciation of $43,383 and $26,604, respectively 55,022 36,717
Machinery and equipment, net of accumulated depreciation of $10,465 and $0 61,044   
Total property and equipment, net 7,485,212 1,096,351
DEPOSITS 42,275 42,265
INTANGIBLE ASSETS, net of accumulated amortization of $109,854 and $0, respectively 963,648   
GOODWILL 4,901,261   
OTHER ASSETS 290,887 232,727
TOTAL ASSETS 23,470,092 2,042,821
CURRENT LIABILITIES:    
Current portion of note payable 439,739 12,105
Convertible notes-related party, net of discount of $0 and $4,918, respectively    82
Convertible notes payable-net of discount of $0 and $168,567, respectively    122,433
Accounts payable 5,328,419 370,265
Accrued interest-related party    5
Accrued expenses 6,357,684 177,609
Warrants payable 1,216,000   
Derivative warrant liability 9,511,364   
Deferred revenue 212,094 19,996
Deferred rent 13,881 9,731
TOTAL CURRENT LIABILITIES 23,079,181 712,226
DEFERRED REVENUE, net of current portion 678,392 34,747
DEFERRED RENT, net of current portion 6,564 20,445
NOTES PAYABLE, net of current portion 129,202 44,836
TOTAL LIABILITIES 23,893,339 812,254
Commitments and contingencies      
STOCKHOLDERS' EQUITY:    
Common stock, par value $.001 per share; 500,000,000 shares authorized; 77,124,833 and 42,434,705 shares issued and outstanding at December 31, 2013 and 2012, respectively 77,125 42,435
Additional paid-in capital 45,399,170 20,117,559
Accumulated deficit (45,909,542) (18,940,427)
TOTAL STOCKHOLDERS' DEFICIT (423,247) 1,230,567
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 23,470,092 2,042,821
Series A
    
STOCKHOLDERS' EQUITY:    
Convertible Preferred Stock 10,000 10,000
Series B
    
STOCKHOLDERS' EQUITY:    
Convertible Preferred Stock    $ 1,000