2024 Q2 Form 10-Q Financial Statement
#000143774924017090 Filed on May 15, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $812.8K | $810.5K | $523.2K |
YoY Change | -61.89% | 54.91% | -52.8% |
Cost Of Revenue | $608.9K | $502.3K | $404.8K |
YoY Change | -51.44% | 24.07% | -41.46% |
Gross Profit | $203.8K | $308.2K | $118.4K |
YoY Change | -76.81% | 160.4% | -71.61% |
Gross Profit Margin | 25.08% | 38.03% | 22.62% |
Selling, General & Admin | $1.467M | $3.194M | $2.340M |
YoY Change | -29.82% | 36.51% | -20.61% |
% of Gross Profit | 719.62% | 1036.36% | 1976.97% |
Research & Development | $61.62K | $70.27K | $70.89K |
YoY Change | 6.37% | -0.88% | |
% of Gross Profit | 30.23% | 22.8% | 59.89% |
Depreciation & Amortization | $36.66K | $39.21K | $28.98K |
YoY Change | 19.95% | 35.29% | 55.33% |
% of Gross Profit | 17.99% | 12.72% | 24.49% |
Operating Expenses | $1.528M | $3.265M | $2.411M |
YoY Change | -28.76% | 35.39% | -18.2% |
Operating Profit | -$1.325M | -$2.956M | -$2.293M |
YoY Change | 4.58% | 28.93% | -9.4% |
Interest Expense | -$1.067K | -$6.143K | $32.15K |
YoY Change | -107.65% | -119.11% | 162.05% |
% of Operating Profit | |||
Other Income/Expense, Net | $569.4K | -$1.576M | $24.96K |
YoY Change | 4462.89% | -6414.87% | -378.55% |
Pretax Income | -$755.1K | -$4.532M | -$2.268M |
YoY Change | -39.79% | 99.85% | -10.27% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$755.1K | -$4.532M | -$2.268M |
YoY Change | -39.79% | 99.85% | -10.27% |
Net Earnings / Revenue | -92.9% | -559.21% | -433.47% |
Basic Earnings Per Share | -$0.05 | -$0.29 | -$0.15 |
Diluted Earnings Per Share | -$0.05 | -$0.29 | -$0.15 |
COMMON SHARES | |||
Basic Shares Outstanding | 16.20M | 15.52M | 15.02M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $437.1K | $1.049M | $2.678M |
YoY Change | -76.33% | -60.82% | -70.37% |
Cash & Equivalents | $437.1K | $1.049M | $1.669M |
Short-Term Investments | $1.009M | ||
Other Short-Term Assets | $136.7K | $136.7K | $180.0K |
YoY Change | -15.99% | -24.08% | -95.11% |
Inventory | $6.703M | $7.241M | $5.733M |
Prepaid Expenses | $426.8K | $357.2K | $284.5K |
Receivables | $1.426M | $1.025M | $1.890M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $11.99M | $12.64M | $16.00M |
YoY Change | -19.16% | -20.96% | -27.26% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $384.3K | $309.5K | $359.0K |
YoY Change | -1.58% | -13.79% | 34.97% |
Goodwill | $9.584M | $9.584M | $14.68M |
YoY Change | -34.73% | -34.73% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $160.2K | $160.2K | $93.37K |
YoY Change | 15.75% | 71.53% | 23.07% |
Total Long-Term Assets | $10.52M | $10.52M | $15.13M |
YoY Change | -30.83% | -30.49% | -70.96% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.99M | $12.64M | $16.00M |
Total Long-Term Assets | $10.52M | $10.52M | $15.13M |
Total Assets | $22.51M | $23.16M | $31.13M |
YoY Change | -25.07% | -25.59% | -57.99% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $960.8K | $960.1K | $884.0K |
YoY Change | -0.59% | 8.61% | 418.44% |
Accrued Expenses | $864.5K | $647.0K | $357.8K |
YoY Change | 122.78% | 80.8% | -52.52% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $1.027M | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.264M | $112.5K | $60.00K |
YoY Change | 12540.6% | 87.53% | 88.74% |
Total Short-Term Liabilities | $4.281M | $4.495M | $1.302M |
YoY Change | 214.62% | 245.23% | 36.17% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.290K | $8.860K | $20.00K |
YoY Change | -27.1% | -55.7% | 277.36% |
Other Long-Term Liabilities | $71.55K | $155.0K | |
YoY Change | |||
Total Long-Term Liabilities | $78.84K | $163.9K | $20.00K |
YoY Change | 688.4% | 719.4% | 277.36% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.281M | $4.495M | $1.302M |
Total Long-Term Liabilities | $78.84K | $163.9K | $20.00K |
Total Liabilities | $4.360M | $4.658M | $1.317M |
YoY Change | 217.13% | 253.71% | 36.99% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$69.90M | -$69.14M | -$54.20M |
YoY Change | 26.06% | 27.58% | |
Common Stock | $159.00 | $155.00 | $150.00 |
YoY Change | 6.0% | 3.33% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $18.15M | $18.51M | $29.81M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.51M | $23.16M | $31.13M |
YoY Change | -25.07% | -25.59% | -57.99% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$755.1K | -$4.532M | -$2.268M |
YoY Change | -39.79% | 99.85% | -10.27% |
Depreciation, Depletion And Amortization | $36.66K | $39.21K | $28.98K |
YoY Change | 19.95% | 35.29% | 55.33% |
Cash From Operating Activities | -$965.0K | -$735.6K | -$2.249M |
YoY Change | 17.68% | -67.29% | -42.42% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $135.3K | $0.00 | $19.48K |
YoY Change | 576.45% | -100.0% | -255.85% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $1.330M |
YoY Change | -100.0% | -55.67% | |
Cash From Investing Activities | -$135.3K | $0.00 | $1.310M |
YoY Change | 576.45% | -100.0% | -56.15% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 488.0K | $1.328M | -$157.3K |
YoY Change | -1075.98% | -944.22% | -240.41% |
NET CHANGE | |||
Cash From Operating Activities | -965.0K | -$735.6K | -$2.249M |
Cash From Investing Activities | -135.3K | $0.00 | $1.310M |
Cash From Financing Activities | 488.0K | $1.328M | -$157.3K |
Net Change In Cash | -612.3K | $592.6K | -$1.096M |
YoY Change | -31.2% | -154.08% | 35.98% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$965.0K | -$735.6K | -$2.249M |
Capital Expenditures | $135.3K | $0.00 | $19.48K |
Free Cash Flow | -$1.100M | -$735.6K | -$2.268M |
YoY Change | 30.99% | -67.57% | -41.74% |
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CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4532363 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2267908 | usd |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-0 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-0 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4532363 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2267908 | usd |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.29 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15375051 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15021088 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20633578 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
585499 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1818383 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4532363 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18505097 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31994980 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
87144 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2267908 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29814216 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4532363 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2267908 | usd |
CY2024Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
39212 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
28984 | usd |
CY2024Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-0 | usd |
CY2023Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-7195 | usd |
CY2024Q1 | us-gaap |
Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
|
-1569927 | usd |
CY2023Q1 | us-gaap |
Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
|
-0 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1818383 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
87144 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
333085 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-184177 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
410126 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
62095 | usd |
CY2024Q1 | evtv |
Increase Decrease In Inventory Deposits
IncreaseDecreaseInInventoryDeposits
|
-466757 | usd |
CY2023Q1 | evtv |
Increase Decrease In Inventory Deposits
IncreaseDecreaseInInventoryDeposits
|
339939 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-257086 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-161495 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-25439 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
33337 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-65010 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-0 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
171363 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
280297 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
207437 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-294676 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-80611 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-735571 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2248663 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
-0 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19481 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
1329599 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1310118 | usd |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
585499 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2024Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
901000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
CY2024Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
158290 | usd |
CY2023Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
157329 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1328209 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-157329 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
592638 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1095874 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
456719 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2825467 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1049357 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1729593 | usd |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4299 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
27977 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | usd |
CY2024Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"><tbody><tr style="vertical-align: top;"><td style="width: 27pt;"> <p style="font-family: 'Times New Roman', Times, serif;font-size: 10pt;font-variant:normal;margin:0pt;"><b><em style="font: inherit;">1.</em></b></p> </td><td style="width: auto;"> <p style="font-family: 'Times New Roman', Times, serif;font-size: 10pt;font-variant:normal;margin:0pt;"><b>Organization and Operations</b></p> </td></tr> </tbody></table> <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 0pt 0pt 27pt; 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> | |
CY2024Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1025187 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
692102 | usd |
CY2024Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
0 | usd |
CY2024Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1046090 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
20903 | usd |
CY2024Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1025187 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
713031 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
20929 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
692102 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
7253148 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
7240719 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
6843022 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
12429 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
6830593 | usd |
CY2024Q1 | evtv |
Inventory Deposits
InventoryDeposits
|
2833631 | usd |
CY2023Q4 | evtv |
Inventory Deposits
InventoryDeposits
|
3300388 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5504030 | |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1389584 | |
CY2024Q1 | evtv |
Maximum Insured Funds Fdic And Spic
MaximumInsuredFundsFdicAndSpic
|
750000 | usd |
CY2024Q1 | evtv |
Maximum Cash Insured
MaximumCashInsured
|
500000 | usd |
CY2024Q1 | evtv |
Extra Insurance By Spic Cap Unlimited Per Customer Securities
ExtraInsuranceBySpicCapUnlimitedPerCustomerSecurities
|
1000000000 | usd |
CY2024Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
9583836 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
5098784 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
9583836 | usd |
CY2024Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
70265 | usd |
CY2023Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
70888 | usd |
CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1818383 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
87144 | usd |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1207888 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.71 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y6M10D | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5504030 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.61 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
722622 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
694645 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
413170 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
373958 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
309452 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
320687 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
39212 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
28984 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
1110956 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
6252 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
4168 | usd |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
1121375 | usd |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1389584 | |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
17.43 | |
CY2024Q1 | evtv |
Class Of Warrant Or Right Exercisable Weighted Average Remaining Contractual Life
ClassOfWarrantOrRightExercisableWeightedAverageRemainingContractualLife
|
P1Y8M4D | |
evtv |
Class Of Warrants Or Rights Expired During Period
ClassOfWarrantsOrRightsExpiredDuringPeriod
|
12833 | ||
CY2024Q1 | evtv |
Class Of Warrant Or Right Intrinsic Value
ClassOfWarrantOrRightIntrinsicValue
|
0 | usd |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y11M19D | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3476252 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2355988 | usd |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
467320 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
303967 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
155015 | usd |
CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
89268 | usd |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
0 | usd |
CY2024Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
25171 | usd |
CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
58264 | usd |
CY2024Q1 | us-gaap |
Lease Cost
LeaseCost
|
114439 | usd |
CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
58264 | usd |
CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
85562 | usd |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
0 | usd |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y5M12D | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.14 | pure |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0 | pure |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
261410 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
248873 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
510283 | usd |