AYRO, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies (Details Narrative)

v3.21.1

Commitments and Contingencies (Details Narrative) - USD ($)			1 Months Ended	12 Months Ended
	Sep. 25, 2020	Jan. 02, 2019	Jan. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Lease remaining term				6 years 2 months 30 days
Lease liabilities				$ 1,125,933
Operating cash flows from operating lease				84,747
Stock-based compensation				$ 1,827,008	$ 3,372,726
Warrants exercise price				$ 8.03	$ 7.33	$ 7.33
DropCar Operating, Inc [Member]
Settlement of multiple employment disputes		$ 232,000
Accounts payable and accrued expenses				$ 3,500
Legal fees				45,000
Plaintiff's counsel balance				45,000
Prefunded liabilities				$ 186,000
New Lease Agreement [Member]
Rent expense			$ 26,265
Incremental borrowing rate for the lease			10.41%
Lease remaining term				6 years
Lease liabilities				$ 84,747
Operating cash flows from operating lease				$ 0
Master Manufacturing Services Agreement [Member] \| Karma Automotive, LLC [Member]
Contract term	12 months
Stock-based compensation	$ 1,160,800
Payment of amount	520,000
Cash	$ 75,000
Warrant to purchase	31,348
Warrants exercise price	$ 3.19
Warrant exercisable and expires	Sep. 25, 2025
Master Manufacturing Services Agreement [Member] \| Karma Automotive, LLC [Member] \| Advisor [Member]
Payment of amount	$ 66,845

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Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares.

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Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

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