Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
SCHEDULE OF ESTIMATED USEFUL LIFE OF PROPERTY AND EQUIPMENT

Property and equipment is 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.

    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 - 7  
Installed Level 3 (DC Fast Chargers (“DCFC”)) electric vehicle charging stations     5  
Building     39  
SCHEDULE OF REVENUE RECOGNITION BY CONTRACT

The following table summarizes our revenue recognized under ASC 606 in the consolidated statements of operations:

    2021     2020     2019  
    For The Years Ended  
    December 31,  
    2021     2020     2019  
Revenues - Recognized at a Point in Time                        
Product sales   $ 15,480     $ 4,432     $ 856  
Charging service revenue - company-owned charging stations     2,978       773       1,359  
Other     426       362       167  
Total Revenues - Recognized at a Point in Time     18,884       5,567       2,382  
                         
Revenues - Recognized Over a Period of Time:                        
Ride-sharing services     769       168       -  
Network and other fees     887       474       355  
Total Revenues - Recognized Over a Period of Time     1,656       642       355  
                         
Total Revenue Under ASC 606   $ 20,540     $ 6,209     $ 2,737  
SCHEDULE OF REVENUE RECOGNITION BY GEOGRAPHICAL AREA

The following table summarizes our revenue recognized under ASC 606 in the consolidated statements of operations by geographical area:

    2021     2020     2019  
    For The Years Ended  
    December 31,  
    2021     2020     2019  
Revenues by Geographical Area                        
U.S.A   $ 10,578     $ 3,521     $ 2,678  
International     9,962       2,688       59  
Total Revenue Under ASC 606   $ 20,540     $ 6,209     $ 2,737  
SCHEDULE OF OUTSTANDING DILUTED SHARES EXCLUDED FROM DILUTED LOSS PER SHARE COMPUTATION

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

    For the Years Ended  
    December 31,  
    2021     2020     2019  
Convertible preferred stock     -       -       1,643  
Warrants     3,274,800       3,897       6,840  
Options     983,505       573       266  
Unvested restricted common stock     50,831       -       -  
Total potentially dilutive shares     4,309,136       4,470       8,748