Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 584 $ 5,898
Accounts receivable and other receivables, net 212,158 128,315
Inventory, net 256,766 394,825
Prepaid expenses and other current assets 100,804 84,631
Total Current Assets 570,312 613,669
Fixed assets, net 505,829 755,682
Intangible assets, net 111,324 116,482
Deferred public offering costs 728,270 335,475
Other assets 64,152 89,573
Total Assets 1,979,887 1,910,881
Current Liabilities:    
Accounts payable 4,039,773 3,500,267
Accounts payable [1] 3,728,193
Accrued expenses 9,912,216 7,955,976
Accrued expenses [1] 5,969
Accrued public information fee 3,005,277
Derivative liabilities 2,904,867 1,583,103
Convertible notes payable, net of debt discount of $232,163 and $501,981 as of June 30, 2017 and December 31, 2016, respectively 2,464,665 581,274
Convertible notes payable - related party, net of debt discount of $3,202 and $0 as of June 30, 2017 and December 31, 2016, respectively 589,365 495,000
Notes payable 337,966 342,781
Current portion of deferred revenue 457,661 600,700
Total Current Liabilities 20,706,513 21,798,540
Deferred revenue, net of current portion 71,261 99,495
Total Liabilities 20,777,774 21,898,035
Series B Convertible Preferred Stock, 10,000 shares designated, 8,250 shares issued and outstanding as of June 30, 2017 and December 31, 2016 825,000 825,000
Commitments and contingencies
Stockholders’ Deficiency:    
Common stock, $0.001 par value, 500,000,000 shares authorized, 81,534,822 and 80,476,508 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 81,535 80,477
Additional paid-in capital 68,870,047 63,999,315
Accumulated deficit (88,585,681) (81,071,782)
Total Car Charging Group, Inc. - Stockholders’ Deficiency (19,622,887) (16,980,840)
Non-controlling interest [1] (3,831,314)
Total Stockholder’s Deficiency (19,622,887) (20,812,154)
Total Liabilities and Stockholders’ Deficiency (19,622,887) 1,910,881
Series A Convertible Preferred Stock [Member]    
Stockholders’ Deficiency:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized; 11,000 11,000
Series C Convertible Preferred Stock [Member]    
Stockholders’ Deficiency:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized; $ 212 $ 150
[1] Related to 350 Green, which, as of May 18, 2017, is no longer a variable interest entity of the Company and, accordingly, 350 Green's was deconsolidated as of June 30, 2017.