Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Charging service revenue - company-owned charging stations $ 267,874 $ 292,743
Product sales 153,587 290,205
Grant and rebate revenue 32,810 99,780
Warranty revenue 34,849 20,025
Network fees 49,238 43,119
Other 57,262 94,265
Total Revenues 595,620 840,137
Cost of Revenues:    
Cost of charging services - company-owned charging stations 26,563 51,978
Host provider fees 54,447 111,790
Cost of product sales 78,512 153,786
Network costs 141,584 156,001
Warranty and repairs and maintenance 19,148 71,116
Depreciation and amortization 112,153 202,104
Total Cost of Revenues 432,407 746,775
Gross Profit 163,213 93,362
Operating Expenses:    
Compensation 997,357 1,463,779
Other operating expenses 242,941 344,803
General and administrative expenses 313,708 268,904
Lease termination costs 300,000
Total Operating Expenses 1,854,006 2,077,486
Loss From Operations (1,690,793) (1,984,124)
Other (Expense) Income:    
Interest expense (140,661) (35,238)
Amortization of discount on convertible debt (614,901)
Gain on settlement of accounts payable 23,928
Loss on legal settlement (175,000)
Change in fair value of warrant liabilities (464,289) (2,014,408)
Loss on disposal of fixed assets (2,831)
Investor warrant expense (5,827)
Non-compliance penalty for delinquent regular SEC filings (220,864)
Non-compliance penalty for SEC registration requirement (36,016) (137,500)
Total Other Expense (1,406,939) (2,416,668)
Net Loss (3,097,732) (4,400,792)
Dividend attributable to Series C shareholders (754,900) (318,400)
Net Loss Attributable to Common Shareholders $ (3,852,632) $ (4,719,192)
Net Loss Per Share    
- Basic and Diluted $ (0.05) $ (0.06)
Weighted Average Number of Common Shares Outstanding    
- Basic and Diluted 80,476,508 79,584,537