Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total Revenues $ 4,355,152 $ 1,572,610 $ 6,587,214 $ 2,871,474
Cost of Revenues:        
Total Cost of Revenues 3,711,064 1,158,730 5,846,747 2,148,872
Gross Profit 644,088 413,880 740,467 722,602
Operating Expenses:        
Compensation 9,170,320 2,305,735 13,918,471 4,420,205
General and administrative expenses 2,532,458 670,635 4,117,445 1,316,536
Other operating expenses 1,286,575 459,418 2,436,281 1,026,618
Total Operating Expenses 12,989,353 3,435,788 20,472,197 6,763,359
Loss From Operations (12,345,265) (3,021,908) (19,731,730) (6,040,757)
Other Income (Expense):        
Interest (expense) income (5,993) 5,257 9,004 21,110
Loss on settlement (1,000,000) (1,000,000)
Loss on foreign exchange (107,669) (107,669)
Gain on settlement of accounts payable, net 19,086 19,086
Change in fair value of derivative and other accrued liabilities (289) (16,560) 6,704 (16,039)
Other income (loss) 611 (15,367) 611 25,987
Total Other (Expense) Income (1,113,340) (7,584) (1,091,350) 50,144
Net Loss $ (13,458,605) $ (3,029,492) $ (20,823,080) $ (5,990,613)
Net Loss Per Share:        
Basic $ (0.32) $ (0.11) $ (0.50) $ (0.22)
Diluted $ (0.32) $ (0.11) $ (0.50) $ (0.22)
Weighted Average Number of Common Shares Outstanding:        
Basic 42,037,492 28,327,701 41,587,793 27,584,918
Diluted 42,037,492 28,327,701 41,587,793 27,584,918
Product Sales [Member]        
Revenues:        
Total Revenues $ 3,267,143 $ 1,274,354 $ 4,937,737 $ 2,051,777
Charging Service Revenue [Member]        
Revenues:        
Total Revenues 586,173 87,250 767,771 406,874
Network Fees [Member]        
Revenues:        
Total Revenues 105,964 71,271 215,820 126,830
Warranty [Member]        
Revenues:        
Total Revenues 18,587 8,419 31,804 16,479
Grant and Rebate [Member]        
Revenues:        
Total Revenues 74,067 3,912 224,302 8,491
Ride-sharing Services [Member]        
Revenues:        
Total Revenues 189,219 234,731
Cost of Revenues:        
Total Cost of Revenues 423,960 670,077
Other [Member]        
Revenues:        
Total Revenues 113,999 127,404 175,049 261,023
Cost Of Product Sales [Member]        
Cost of Revenues:        
Total Cost of Revenues 2,364,952 922,808 3,482,867 1,391,876
Cost Of Charging Services [Member]        
Cost of Revenues:        
Total Cost of Revenues 60,395 35,874 110,167 65,488
Host Provider Fees [Member]        
Cost of Revenues:        
Total Cost of Revenues 140,286 28,086 266,707 113,515
Network Costs [Member]        
Cost of Revenues:        
Total Cost of Revenues 93,748 147,290 173,141 357,622
Warranty And Repairs And Maintenance [Member]        
Cost of Revenues:        
Total Cost of Revenues 196,118 17,734 457,269 132,643
Depreciation And Amortization [Member]        
Cost of Revenues:        
Total Cost of Revenues $ 431,605 $ 6,938 $ 686,519 $ 87,728