Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes In Stockholders Equity (Unaudited)

v3.20.2
Condensed Consolidated Statements of Changes In Stockholders Equity (Unaudited) - USD ($)
Series H Preferred Stock [Member]
Series H-3 Preferred Stock [Member]
Series H-6 Preferred Stock [Member]
Series Seed Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2018 $ 4,270,507 $ 289 $ 1,131,541 $ (5,293,951) $ 108,386
Balance, shares at Dec. 31, 2018 3,882,791 2,885,621      
Stock based compensation 131,443 131,443
Net Loss (1,263,089) (1,263,089)
Preferred Stock issued for Cash $ 1,656,374 1,656,374
Preferred Stock issued for Cash, shares 946,499        
Discount on Debt 69,174 69,174
Balance at Mar. 31, 2019 $ 5,926,881 $ 289 1,332,158 (6,557,040) 702,288
Balance, shares at Mar. 31, 2019 4,829,290 2,885,621      
Balance at Dec. 31, 2018 $ 4,270,507 $ 289 1,131,541 (5,293,951) 108,386
Balance, shares at Dec. 31, 2018 3,882,791 2,885,621      
Net Loss               (3,072,738)
Balance at Jun. 30, 2019 $ 7,017,944 $ 289 1,808,372 (8,366,689) 459,916
Balance, shares at Jun. 30, 2019 5,418,684 2,885,621      
Balance at Mar. 31, 2019 $ 5,926,881 $ 289 1,332,158 (6,557,040) 702,288
Balance, shares at Mar. 31, 2019 4,829,290 2,885,621      
Stock based compensation 476,214 476,214
Net Loss (1,809,649) (1,809,649)
Preferred Stock issued for Cash $ 1,091,063 1,091,063
Preferred Stock issued for Cash, shares 589,394        
Balance at Jun. 30, 2019 $ 7,017,944 $ 289 1,808,372 (8,366,689) 459,916
Balance, shares at Jun. 30, 2019 5,418,684 2,885,621      
Balance at Dec. 31, 2019 $ 9,025,245 $ 395 5,001,947 (13,958,644) 68,943
Balance, shares at Dec. 31, 2019 7,360,985 3,948,078      
Stock based compensation 156,459 156,459
Net Loss (1,795,153) (1,795,153)
Balance at Mar. 31, 2020 $ 9,025,245 $ 395 5,158,406 (15,753,797) (1,569,751)
Balance, shares at Mar. 31, 2020 7,360,985 3,948,078      
Balance at Dec. 31, 2019 $ 9,025,245 $ 395 5,001,947 (13,958,644) 68,943
Balance, shares at Dec. 31, 2019 7,360,985 3,948,078      
Net Loss               (3,326,009)
Balance at Jun. 30, 2020 $ 1,651 25,827,425 (17,284,653) 8,544,423
Balance, shares at Jun. 30, 2020 8 2,189 7,883 16,509,964      
Balance at Mar. 31, 2020 $ 9,025,245 $ 395 5,158,406 (15,753,797) (1,569,751)
Balance, shares at Mar. 31, 2020 7,360,985 3,948,078      
Stock based compensation 150,949 150,949
Net Loss (1,530,856) (1,530,857)
Conversion of AYRO Preferred Stock to common stock $ (9,025,245) $ 201 9,025,044
Conversion of AYRO Preferred Stock to common stock, shares (7,360,985) 2,007,193      
Issuance of Series Preferred Stock in connection with the 2020 Merger $ 0 $ 0 $ 0 $ 493 4,451,237 4,451,730
Issuance of Series Preferred Stock in connection with the 2020 Merger, shares 8 2,189 7,883 4,939,045      
Exchange of debt for common stock in connection with the 2020 Merger $ 103 999,897 1,000,000
Exchange of debt for common stock in connection with the 2020 Merger, shares 1,030,585      
Issuance of common stock in connection with debt offering $ 56 461,957 462,013
Issuance of common stock in connection with debt offering, shares 553,330      
Sale of common stock, net of fees $ 220 5,064,780 5,065,000
Sale of common stock, net of fees, shares 2,200,000      
Exercise of warrants, net of fees $ 183 515,155 515,338
Exercise of warrants, net of fees, shares 1,831,733      
Balance at Jun. 30, 2020 $ 1,651 $ 25,827,425 $ (17,284,653) $ 8,544,423
Balance, shares at Jun. 30, 2020 8 2,189 7,883 16,509,964