Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS RECEIVABLE

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ACCOUNTS RECEIVABLE
 6 Months Ended
Jun. 30, 2014
Receivables [Abstract]  
ACCOUNTS RECEIVABLE
3.
ACCOUNTS RECEIVABLE
 
Accounts and other receivables consist of the following as of June 30, 2014 and December 31, 2013:
 
 
 
June 30,
2014
 
December
31,
2013
 
Pennsylvania Turnpike Authority
 
$
100,114
 
$
—
 
Due from the estate of Electric Transportation Engineering Corporation of America
 
 
145,392
 
 
143,282
 
Other accounts receivable
 
 
134,346
 
 
72,721
 
 
 
$
379,852
 
$
216,003
 
 
Pennsylvania Turnpike Authority
 
The Company entered into an agreement with the Pennsylvania Turnpike Authority (“PAT”), in July 2011, to install 20 Level -2 chargers and 40 Level 3 chargers by June 30, 2015. The delay was caused due to the parties negotiating installation terms under the agreement. Under the terms of the grant, PAT will pay 50% of equipment costs up to $1 million and $500,000 toward installation and project overhead. The Company commenced operations under the Agreement during the three months ended June 30, 2014.
 
ECOtality
 
The amount due from the estate of  ECOtality of $145,392 consists of Blink revenue received by the estate for charging services rendered after the execution of the Asset Purchase Agreement with the estate offset by expenses paid by the estate on behalf of the Company.