$EVTV
Envirotech Vehicles, Inc. Stock $evtv

$evtv Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000117184318007178 Filed on October 24, 2018

Income Statement

Concept	2018 Q3	2017 Q3
Revenue	$2.619M
YoY Change
Cost Of Revenue	$2.528M
YoY Change
Gross Profit	$91.00K
YoY Change
Gross Profit Margin	3.47%
Selling, General & Admin	$1.570M	$11.77M
YoY Change	-86.66%	100.51%
% of Gross Profit	1725.27%
Research & Development	$50.00K	$40.00K
YoY Change	25.0%	-63.64%
% of Gross Profit	54.95%
Depreciation & Amortization	$11.11K	$4.430K
YoY Change	150.7%
% of Gross Profit	12.2%
Operating Expenses	$1.616M	$11.80M
YoY Change	-86.31%	97.24%
Operating Profit	-$1.525M	-$11.80M
YoY Change	-87.08%	97.24%
Interest Expense	$43.00K	$47.00K
YoY Change	-8.51%	-82.85%
% of Operating Profit
Other Income/Expense, Net	$44.00K	-$163.0K
YoY Change	-126.99%	-42.81%
Pretax Income	-$1.481M	-$11.97M
YoY Change	-87.62%	90.88%
Income Tax		$1.000K
% Of Pretax Income
Net Earnings	-$1.481M	-$11.97M
YoY Change	-87.62%	90.89%
Net Earnings / Revenue	-56.55%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.41	-$3.52
COMMON SHARES
Basic Shares Outstanding		68.07M
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.810M	$4.480M
YoY Change	74.33%	157.47%
Cash & Equivalents	$7.811M	$4.475M
Short-Term Investments
Other Short-Term Assets	$1.546M	$195.0K
YoY Change	692.82%	-69.05%
Inventory		$704.0K
Prepaid Expenses
Receivables	$1.573M
Other Receivables	$300.0K
Total Short-Term Assets	$11.23M	$6.374M
YoY Change	76.18%	168.95%
LONG-TERM ASSETS
Property, Plant & Equipment	$145.0K	$501.0K
YoY Change	-71.06%	35.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$0.00
YoY Change		-100.0%
Other Assets	$533.0K	$130.0K
YoY Change	310.0%
Total Long-Term Assets	$678.0K	$631.0K
YoY Change	7.45%	5.17%
TOTAL ASSETS
Total Short-Term Assets	$11.23M	$6.374M
Total Long-Term Assets	$678.0K	$631.0K
Total Assets	$11.91M	$7.005M
YoY Change	69.99%	135.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.005M	$182.0K
YoY Change	452.2%	160.0%
Accrued Expenses	$706.0K	$382.0K
YoY Change	84.82%	247.27%
Deferred Revenue
YoY Change
Short-Term Debt	$1.400M	$0.00
YoY Change
Long-Term Debt Due	$0.00	$3.200M
YoY Change	-100.0%	-15.12%
Total Short-Term Liabilities	$3.111M	$3.759M
YoY Change	-17.24%	-5.08%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Other Long-Term Liabilities	$236.0K
YoY Change
Total Long-Term Liabilities	$236.0K	$0.00
YoY Change		-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.111M	$3.759M
Total Long-Term Liabilities	$236.0K	$0.00
Total Liabilities	$3.347M	$3.759M
YoY Change	-10.96%	-21.52%
SHAREHOLDERS EQUITY
Retained Earnings	-$52.72M	-$42.69M
YoY Change	23.51%
Common Stock	$1.000K	$1.000K
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$8.561M	$3.246M
YoY Change
Total Liabilities & Shareholders Equity	$11.91M	$7.005M
YoY Change	69.99%	135.86%

Cashflow Statement

Concept	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	-$1.481M	-$11.97M
YoY Change	-87.62%	90.89%
Depreciation, Depletion And Amortization	$11.11K	$4.430K
YoY Change	150.7%
Cash From Operating Activities	$230.0K	-$1.250M
YoY Change	-118.4%	177.78%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$60.00K
YoY Change	-100.0%	-80.65%
Acquisitions
YoY Change
Other Investing Activities	$300.0K	$0.00
YoY Change
Cash From Investing Activities	$300.0K	-$60.00K
YoY Change	-600.0%	-80.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-380.0K	-1.080M
YoY Change	-64.81%	1250.0%
NET CHANGE
Cash From Operating Activities	230.0K	-1.250M
Cash From Investing Activities	300.0K	-60.00K
Cash From Financing Activities	-380.0K	-1.080M
Net Change In Cash	150.0K	-2.390M
YoY Change	-106.28%	184.52%
FREE CASH FLOW
Cash From Operating Activities	$230.0K	-$1.250M
Capital Expenditures	$0.00	$60.00K
Free Cash Flow	$230.0K	-$1.310M
YoY Change	-117.56%	72.37%

Facts In Submission

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CY2018Q3	adom	Employment Contracts Future Minimum Payments Due Thereafter EmploymentContractsFutureMinimumPaymentsDueThereafter
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	us-gaap	Nature Of Operations NatureOfOperations	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-size: 10pt; margin: 0pt 0"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div> Organization and Operations</div></div> <div style=" font-size: 10pt; text-align: justify; margin: 0pt 0; color: #1F497D"> </div> <div style=" font-size: 10pt; text-align: justify; margin: 0pt 0">ADOMANI, Inc. (“we”, “us”, “our” or the “Company”) is a provider of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">zero</div>-emission electric and hybrid vehicles and replacement drivetrains that is focused on reducing the total cost of vehicle ownership. The Company’s drivetrain systems are designed to help fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price cost instability and local, state and federal environmental regulatory compliance. The Company designs and causes to be designed advanced <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">zero</div>-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles.</div></div>
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CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	386000
CY2018Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	236000
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	289000
CY2018Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-116000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	109000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-113000
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet	120000
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1121000
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1703000
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	200000
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	500000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	71000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	94000
CY2018Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2018Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2018Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	500000
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	11000000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	12550000
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	500000
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	2200000
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	99000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised
CY2018Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	196988
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	511494
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	144982
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	487067
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	11100000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	200000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	800000
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	2149000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	2560000
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-52719000
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-42977000
CY2018Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	2619000
CY2017Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	3827000
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax
	us-gaap	Share Based Compensation ShareBasedCompensation	6061000
	us-gaap	Share Based Compensation ShareBasedCompensation	15653000
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	8758138
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	0.10
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	7.05
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	5306883
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	655000
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	30375000
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	24728422
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.33
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.15
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.10
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1.31
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P3Y73D
CY2017	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P2Y328D
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	994695
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	11000000
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	99000
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	8561000
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2340000
	us-gaap	Use Of Estimates UseOfEstimates	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-size: 10pt; text-align: justify; margin: 0pt 0"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Use of Estimates</div></div>—The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</div></div></div></div></div></div></div></div></div></div></div>
CY2018Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	72607881
CY2017Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	68070930
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	72000787
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	66020773

Files In Submission

Name	View Source	Status
0001171843-18-007178-index-headers.html	Edgar Link	pending
0001171843-18-007178-index.html	Edgar Link	pending
0001171843-18-007178.txt	Edgar Link	pending
0001171843-18-007178-xbrl.zip	Edgar Link	pending
adom-20180930.xml	Edgar Link	completed
adom-20180930.xsd	Edgar Link	pending
adom-20180930_cal.xml	Edgar Link	unprocessable
adom-20180930_def.xml	Edgar Link	unprocessable
adom-20180930_lab.xml	Edgar Link	unprocessable
adom-20180930_pre.xml	Edgar Link	unprocessable
exh_311.htm	Edgar Link	pending
exh_312.htm	Edgar Link	pending
exh_321.htm	Edgar Link	pending
exh_322.htm	Edgar Link	pending
f10q_102418p.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$EVTV
Envirotech Vehicles, Inc. Stock $evtv

2018 Q3 Form 10-Q Financial Statement

#000117184318007178 Filed on October 24, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EVTV Envirotech Vehicles, Inc. Stock $evtv

2018 Q3 Form 10-Q Financial Statement

#000117184318007178 Filed on October 24, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EVTV
Envirotech Vehicles, Inc. Stock $evtv