Accounts Receivable
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3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2014
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Accounts Receivable [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||
ACCOUNTS RECEIVABLE |
Accounts and other receivables consist of the following as of March 31, 2014 and December 31, 2013:
New York State Energy and Resource Development Authority
As of the acquisition date of Beam, Beam had a contract with the
New York State Energy and Resource Development Authority (“NYSERDA”) to receive up to $399,110 for the installation of 28 electric vehicle charging stations in New York State. As of March 31, 2014, the remaining 22 stations had been installed and the related receivable at March 31, 2014 was paid by NYSERDA in full in April 2014.
ECOtality
The amount due from the estate of Electric Transportation Engineering Corporation of America of $145,392 consists of Blink Network LLC revenue received by the estate for charging services rendered after the execution of the APA offset by expenses paid by the estate on behalf of the Company.
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