AYRO, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 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

Related Party Transactions (Details Narrative)

v3.20.2

Related Party Transactions (Details Narrative) - USD ($)				1 Months Ended			3 Months Ended		9 Months Ended
	Dec. 09, 2019	Oct. 15, 2019	Mar. 01, 2017	Dec. 31, 2019	Oct. 31, 2019	Jan. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Due to related parties				$ 15,000			$ 15,000		$ 15,000
Number of common stock shares granted									750,671
Accrued interest				$ 500,000
Stock-based compensation									$ 475,175	$ 1,360,623
General and administrative expense							$ 1,482,018	$ 1,411,376	$ 3,445,749	3,437,176
Warrant exercise price per share				$ 7.33			$ 6.17		$ 6.17
Common Stock [Member]
Warrant to purchase shares of common stock							173,091		173,091
Warrant exercise price per share							$ 2.50		$ 2.50
Sustainability Initiatives, LLC [Member]
Preferred Stock issued for Cash, shares					231,778
Royalty-Based Agreement [Member] \| Sustainability Initiatives, LLC [Member]
Debt monthly payments			$ 6,000
Reduction in royalty percentage			0.50%
Stock options shares vested			381,752
Options vesting term			6 months
Preferred Stock issued for Cash, shares		231,778
Stock-based compensation		$ 908,650
Service Agreement [Member]
Accounts payable				$ 12,150			$ 12,150		$ 12,150
Related party transaction expense							$ 0	$ 12,000	$ 0	$ 55,748
Service Agreement [Member] \| Sustainability Initiatives, LLC [Member]
Number of common stock shares granted						67,488
Stock-based compensation						$ 232,403
Consulting fees						$ 189,238
Warrant to purchase shares of common stock						177,924
General and administrative expense						$ 260,733
Warrant exercise price per share						$ 7.33
Warrant term						5 years
Board Member [Member]
Proceeds from loan					$ 500,000
Number of common stock shares granted				136,340	143,975
Term date of loan				Apr. 30, 2021
SI members [Member]
Canceled shares	477,190			434,529
SI members [Member] \| Common Stock [Member]
Stock-based compensation	$ 1,496,343

- Definition

Reduction in royalty percentage.

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