$EVTV
Envirotech Vehicles, Inc. Stock $evtv

$evtv Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-K Financial Statement

#000143774923026704 Filed on September 25, 2023

Income Statement

Concept	2023 Q3	2022 Q4	2022
Revenue	$100.0K	$1.880M	$4.505M
YoY Change	-97.42%	178.65%	120.51%
Cost Of Revenue	$80.28K	$1.170M	$2.773M
YoY Change	-96.08%	233.82%	116.37%
Gross Profit	$19.74K	$710.0K	$1.732M
YoY Change	-98.92%	119.0%	127.48%
Gross Profit Margin	19.74%	37.77%	38.45%
Selling, General & Admin	$2.565M	$1.960M	$8.340M
YoY Change	49.73%	-64.48%	-1.04%
% of Gross Profit	12995.39%	276.06%	481.54%
Research & Development	$46.73K	$40.00K	$149.9K
YoY Change	86.94%	-31.2%	157.85%
% of Gross Profit	236.74%	5.63%	8.66%
Depreciation & Amortization	$34.19K	$40.00K	$97.24K
YoY Change	79.08%	46.79%	38.36%
% of Gross Profit	173.2%	5.63%	5.61%
Operating Expenses	$6.004M	$2.000M	$45.58M
YoY Change	245.39%	-64.13%	78297.24%
Operating Profit	-$5.985M	-$1.290M	-$43.85M
YoY Change	-6220.28%	-75.44%	-6335.14%
Interest Expense	-$2.647K	$10.00K	$45.03K
YoY Change	-108.76%	385.44%	921.0%
% of Operating Profit
Other Income/Expense, Net	-$3.886K	$10.00K	$43.26K
YoY Change	-113.42%		-1948.8%
Pretax Income	-$5.988M	-$38.37M	-$43.80M
YoY Change	-4824.63%	630.85%	489.45%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$5.988M	-$38.37M	-$43.80M
YoY Change	-4824.63%	630.85%	472.45%
Net Earnings / Revenue	-5986.99%	-2040.96%	-972.43%
Basic Earnings Per Share	-$0.40		-$2.92
Diluted Earnings Per Share	-$0.40	-$2.56	-$2.92
COMMON SHARES
Basic Shares Outstanding	15.11M	15.02M	14.99M
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q3	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$879.0K	$5.101M	$5.100M
YoY Change	-80.89%	-60.3%	-60.31%
Cash & Equivalents	$879.0K	$2.765M	$2.770M
Short-Term Investments	$0.00	$2.336M	$2.340M
Other Short-Term Assets	$162.7K	$156.5K	$5.500M
YoY Change	-97.09%	-96.8%	12.35%
Inventory	$6.882M	$5.671M	$5.670M
Prepaid Expenses	$909.8K	$446.0K
Receivables	$1.624M	$2.074M	$2.070M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$13.59M	$18.34M	$18.34M
YoY Change	-37.04%	-20.35%	-20.34%
LONG-TERM ASSETS
Property, Plant & Equipment	$356.3K	$368.5K	$370.0K
YoY Change	16.57%	35.41%	-8.82%
Goodwill	$11.29M	$14.68M
YoY Change	-78.19%	-71.64%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$183.4K	$93.37K	$90.00K
YoY Change	133.97%	-60.54%	-12.6%
Total Long-Term Assets	$11.83M	$15.14M	$15.14M
YoY Change	-77.32%	-71.03%	-71.04%
TOTAL ASSETS
Total Short-Term Assets	$13.59M	$18.34M	$18.34M
Total Long-Term Assets	$11.83M	$15.14M	$15.14M
Total Assets	$25.42M	$33.48M	$33.48M
YoY Change	-65.53%	-55.54%	-55.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$739.2K	$603.7K	$600.0K
YoY Change	357.6%	153.18%	151.61%
Accrued Expenses	$411.3K	$652.5K	$650.0K
YoY Change	-64.36%	-49.02%	-49.22%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$476.5K	$220.0K	$220.0K
YoY Change	1636.52%	592.04%	592.04%
Total Short-Term Liabilities	$1.627M	$1.472M	$1.470M
YoY Change	21.15%	-5.05%	-5.18%
LONG-TERM LIABILITIES
Long-Term Debt	$13.02K	$20.00K	$20.00K
YoY Change	-28.58%	50.94%	50.94%
Other Long-Term Liabilities		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Total Long-Term Liabilities	$13.02K	$0.00	$20.00K
YoY Change		-100.0%	27.55%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.627M	$1.472M	$1.470M
Total Long-Term Liabilities	$13.02K	$0.00	$20.00K
Total Liabilities	$1.640M	$1.489M	$1.490M
YoY Change	20.48%	-4.93%	-4.85%
SHAREHOLDERS EQUITY
Retained Earnings	-$61.44M	-$51.93M
YoY Change	432.62%	539.17%
Common Stock	$151.00	$150.00
YoY Change	0.67%	0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$23.78M	$31.99M	$31.99M
YoY Change
Total Liabilities & Shareholders Equity	$25.42M	$33.48M	$33.48M
YoY Change	-65.53%	-54.32%	-55.54%

Cashflow Statement

Concept	2023 Q3	2022 Q4	2022
OPERATING ACTIVITIES
Net Income	-$5.988M	-$38.37M	-$43.80M
YoY Change	-4824.63%	630.85%	472.45%
Depreciation, Depletion And Amortization	$34.19K	$40.00K	$97.24K
YoY Change	79.08%	46.79%	38.36%
Cash From Operating Activities	-$969.6K	$840.0K	-$7.432M
YoY Change	-41.07%	-127.82%	-42.55%
INVESTING ACTIVITIES
Capital Expenditures	-$3.670K	$80.00K	$168.6K
YoY Change	-90.27%		-702.94%
Acquisitions			$0.00
YoY Change			-100.0%
Other Investing Activities	$1.013M	-$350.0K	$5.680M
YoY Change	2686.57%	-65.79%	-222.15%
Cash From Investing Activities	$1.016M	-$430.0K	$5.508M
YoY Change	-72693.57%	-57.98%	-217.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$120.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.160K	-270.0K	-$156.7K
YoY Change	496.23%	-84.04%	-100.76%
NET CHANGE
Cash From Operating Activities	-969.6K	840.0K	-$7.432M
Cash From Investing Activities	1.016M	-430.0K	$5.508M
Cash From Financing Activities	-3.160K	-270.0K	-$156.7K
Net Change In Cash	43.57K	140.0K	-$2.081M
YoY Change	-102.64%	-102.44%	-169.92%
FREE CASH FLOW
Cash From Operating Activities	-$969.6K	$840.0K	-$7.432M
Capital Expenditures	-$3.670K	$80.00K	$168.6K
Free Cash Flow	-$965.9K	$760.0K	-$7.601M
YoY Change	-39.92%	-125.17%	-41.12%

Facts In Submission

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CY2022	dei	Document Type DocumentType	10-K
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CY2022	dei	Entity File Number EntityFileNumber	001-38078
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	46-0774222
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	1425 Ohlendorf Road
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Osceola
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	AR
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	72370
CY2022	dei	City Area Code CityAreaCode	870
CY2022	dei	Local Phone Number LocalPhoneNumber	970-3355
CY2022	dei	Security12b Title Security12bTitle	Common Stock, $0.00001 par value
CY2022	dei	Trading Symbol TradingSymbol	EVTV
CY2022	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
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CY2022	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	156457	usd
CY2021	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-0	usd
CY2022	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-143270	usd
CY2021	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-123343	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	365284	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-235306	usd
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-305065	usd
CY2021	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-10229	usd
CY2022	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-2427	usd
CY2021	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-240976	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7432087	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-12936755	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	168583	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27958	usd
CY2022	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	3942940	usd
CY2021	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	16233213	usd
CY2022	us-gaap	Proceeds From Sale Maturity And Collection Of Shortterm Investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments	9619242	usd
CY2021	us-gaap	Proceeds From Sale Maturity And Collection Of Shortterm Investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments	8210000	usd
CY2022	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-0	usd
CY2021	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-3373332	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	5507719	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4677839	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	120000	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	21107410	usd
CY2022	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	-0	usd
CY2021	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	188015	usd
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CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	60399	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	60000	usd
CY2022	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-276690	usd
CY2021	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-328408	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-156690	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	20590987	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2081058	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2976393	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4906525	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1930132	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2825467	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4906525	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	16338	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	7705	usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	2400	usd
CY2022	us-gaap	Stock Issued1 StockIssued1	322431	usd
CY2021	us-gaap	Stock Issued1 StockIssued1	0	usd
CY2022	us-gaap	Notes Assumed1 NotesAssumed1	439087	usd
CY2021	us-gaap	Notes Assumed1 NotesAssumed1	0	usd
CY2022	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	25007	usd
CY2021	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	0	usd
CY2022	us-gaap	Nature Of Operations NatureOfOperations	<p style="margin: 0pt; line-height: 1.25; font-family: Times New Roman; font-size: 10pt;"><b><em style="font: inherit;">1.</em> Organization and Operations</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">Envirotech Vehicles, Inc. (“we,” “us,” “our” or the “Company”) is a provider of purpose-built <em style="font: inherit;">zero</em>-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. The Company serves commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for light to heavy-duty electric vehicles. The Company’s vehicles address the challenges of traditional fuel price cost instability and local, state and federal regulatory compliance.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">On <em style="font: inherit;"> March 15, 2021, </em>the Company completed its acquisition of Envirotech Drive Systems, Inc., a Delaware corporation (“EVTDS”), a supplier of <em style="font: inherit;">zero</em>-emission trucks, cargo vans, chassis and other commercial vehicles. The transaction was completed in accordance with an Agreement and Plan of Merger, dated <em style="font: inherit;"> February 16, 2021 (</em>the “Merger Agreement”), by and among the Company, EVTDS and EVT Acquisition Company, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”). See Note <em style="font: inherit;">3</em> - Merger.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">The Company was formerly known as ADOMANI, Inc. On <em style="font: inherit;"> May 26, 2021, </em>the Company filed a Certificate of Amendment of Amended and Restated Certificate of Incorporation the Company with the Secretary of State of the State of Delaware to change its name from ADOMANI, Inc. to Envirotech Vehicles, Inc., effective as of <em style="font: inherit;"> May 26, 2021.</em></p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">On <em style="font: inherit;"> February 22, 2022, </em>the Company announced Osceola, Arkansas, as the site of its state-of-the-art manufacturing facility and new corporate offices. The Company has moved into an approximately 587,000 square foot facility.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">On <em style="font: inherit;"> June 28, 2022, </em>we effected a <em style="font: inherit;">1</em>-for-20 reverse stock split of our common stock with <em style="font: inherit;">no</em> change to authorized shares of common stock. All share, restricted stock unit (“RSU”), and per share or per RSU information through this Annual Report on Form <em style="font: inherit;">10</em>-K has been retroactively adjusted to reflect the stock split. The shares of common stock retain a par value of $0.00001 per share. Accordingly, an amount equal to the par value of the decreased shares resulting from the reverse stock split was reclassified from “Common stock” to “Additional paid-in capital.”</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<b><i>Use of Estimates</i></b>—The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America ("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.
CY2022Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	60399	usd
CY2021Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	60035	usd
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CY2021Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	1428030	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	usd
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CY2021Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3862970	usd
CY2021Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	12429	usd
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CY2022	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"><b><i>Concentration of Credit Risk</i></b>—The Company has credit risks related to cash and cash equivalents on deposit with a federally insured bank, as at times it exceeds the <em style="font: inherit;">$250,000</em> maximum amount insured by the Federal Deposit Insurance Corporation (“FDIC”). Additionally, the Company maintains cash and short-term securities invested at Arvest Bank, National Association (“Arvest”). Between FDIC and the Securities Investor Protection Corporation (“SIPC”) coverage, funds up to $750,000, which <em style="font: inherit;"> may </em>include cash up to $500,000, are insured. In addition, Arvest provides excess insurance acquired by them from SIPC for unlimited per customer securities up to a $1 billion cap.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">The Company’s bank requires compensating balances, which are reported as Restricted Cash on the Company's Consolidated Balance Sheets as disclosed above, for a subsidiary’s potential lease exposure and for the Company’s credit card limit, resulting in restricted cash of $60,399 and approximately $60,000 at <em style="font: inherit;"> December 31, 2022 </em>and <em style="font: inherit;">2021</em>, respectively.</p>
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CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
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CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	245157	usd
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	152572	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	368461	usd
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CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	8.40
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CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	608266
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CY2022Q4	evtv	Employment Contracts Future Minimum Payments Due EmploymentContractsFutureMinimumPaymentsDue	2500000	usd
CY2022Q4	evtv	Employment Contracts Future Minimum Payments Due Next Twelve Months EmploymentContractsFutureMinimumPaymentsDueNextTwelveMonths	500000	usd
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CY2022Q4	evtv	Lessee Operating Lease Number Of Leases LesseeOperatingLeaseNumberOfLeases	8	pure
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	usd
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	61380	usd
CY2021	us-gaap	Operating Lease Cost OperatingLeaseCost	164234	usd
CY2022	us-gaap	Short Term Lease Cost ShortTermLeaseCost	167367	usd
CY2021	us-gaap	Short Term Lease Cost ShortTermLeaseCost	88312	usd
CY2022	us-gaap	Lease Cost LeaseCost	228747	usd
CY2021	us-gaap	Lease Cost LeaseCost	252546	usd
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	45767	usd
CY2021	us-gaap	Operating Lease Payments OperatingLeasePayments	212955	usd
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P0Y7M6D
CY2021Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y10D
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.14	pure
CY2021Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.14	pure

Files In Submission

Name	View Source	Status
evtv-20221231_pre.xml	Edgar Link	unprocessable
evtv-20221231_cal.xml	Edgar Link	unprocessable
0001437749-23-026704-index-headers.html	Edgar Link	pending
0001437749-23-026704-index.html	Edgar Link	pending
0001437749-23-026704.txt	Edgar Link	pending
0001437749-23-026704-xbrl.zip	Edgar Link	pending
adom20221231_10k.htm	Edgar Link	pending
evtv-20221231.xsd	Edgar Link	pending
ex_516271.htm	Edgar Link	pending
ex_516272.htm	Edgar Link	pending
ex_516273.htm	Edgar Link	pending
ex_516274.htm	Edgar Link	pending
ex_516275.htm	Edgar Link	pending
ex_572994.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	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
evtv-20221231_def.xml	Edgar Link	unprocessable
evtv-20221231_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
adom20221231_10k_htm.xml	Edgar Link	completed
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.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

2023 Q3 Form 10-K Financial Statement

#000143774923026704 Filed on September 25, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EVTV Envirotech Vehicles, Inc. Stock $evtv

2023 Q3 Form 10-K Financial Statement

#000143774923026704 Filed on September 25, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EVTV
Envirotech Vehicles, Inc. Stock $evtv