| Summary of revenues and net loss of Car Charging Group, Inc. |
| |
|
Car Charging
Group, Inc.
|
|
|
Beam
Charging LLC
|
|
|
350
Green LLC
|
|
|
Blink
Network LLC
|
|
|
Total
|
|
|
Revenue
|
|
$
|
14,542
|
|
|
$
|
2,307
|
|
|
$
|
111,033
|
|
|
$
|
12,427,000
|
|
|
$
|
12,554,882
|
|
|
Net loss
|
|
$
|
(2,194,751
|
)
|
|
$
|
(64,986
|
)
|
|
$
|
(451,422
|
)
|
|
$
|
(649,000
|
)
|
|
$
|
(3,360,159
|
)
|
|
| Summary of fair value of assets and liabilities |
| |
|
March 31,
2014
|
|
|
December 31,
2013
|
|
|
Cash
|
|
$ |
112 |
|
|
$ |
2,189 |
|
|
Accounts receivable
|
|
|
2,350 |
|
|
|
11,459 |
|
|
Inventory
|
|
|
68,668 |
|
|
|
78,043 |
|
Fixed assets, net of accumulated depreciation of $1,072,975 and $934,543, respectively
|
|
|
1,155,723 |
|
|
|
1,404,722 |
|
|
Goodwill
|
|
|
3,299,379 |
|
|
|
3,299,379 |
|
|
Total assets
|
|
|
4,526,232 |
|
|
|
4,795,792 |
|
| |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued expenses
|
|
|
(4,475,797 |
) |
|
|
(4,578,112 |
) |
|
Notes payable
|
|
|
(111,140 |
) |
|
|
(136,140 |
) |
|
Deferred revenue
|
|
|
(14,272 |
) |
|
|
(15,631 |
) |
|
Total liabilities
|
|
|
(4,601,209 |
) |
|
|
(4,729,883 |
) |
|
Net assets/(liabilities)
|
|
$ |
(74,977 |
) |
|
$ |
65,909 |
|
|
| Schedule of consolidated statements of operations |
|
Revenue
|
|
$ |
18,604 |
|
| |
|
|
|
|
|
Cost of revenue-non depreciation
|
|
|
25,496 |
|
|
Cost of revenue-depreciation
|
|
|
248,636 |
|
|
Gross (loss)
|
|
|
(255,528 |
) |
|
Operating expenses
|
|
|
9,063 |
|
|
Operating (loss)
|
|
|
(264,591 |
) |
|
Other expense
|
|
|
17,988 |
|
|
Net (loss)
|
|
$ |
(282,579 |
) |
|