Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.5.0.2
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Estimated Useful Life of Property and Equipment

Fixed assets are stated at cost, net of accumulated depreciation and amortization which is recorded commencing at the in-service date using the straight-line method over the estimated useful lives of the assets, as set forth in the following table:

 

    Useful Lives
Asset   (In Years)
     
Computer software and office and computer equipment   3 - 5
Machinery and equipment, automobiles, furniture and fixtures   3 - 10
Installed Level 2 electric vehicle charging stations   3
Installed Level 3 (DC Fast Chargers (“DCFC”)) electric vehicle charging stations   5
Schedule of Outstanding Diluted Shares Outstanding from Diluted Loss Per Share Computation

The following common stock equivalents are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

 

    December 31,  
    2015     2014  
             
Preferred stock     48,378,148       33,607,143  
Warrants     61,043,591       54,088,323  
Options     7,781,667       7,690,665  
Convertible note     48,840       190,476  
Total potentially dilutive shares     117,252,246       95,576,607