$MULN
MULLEN AUTOMOTIVE INC. Stock $muln

$muln Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000143774919010066 Filed on May 15, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$15.05M	$15.98M
YoY Change	-5.85%	17.85%
Cost Of Revenue	$12.26M	$13.62M
YoY Change	-9.98%	18.85%
Gross Profit	$2.787M	$2.360M
YoY Change	18.09%	12.28%
Gross Profit Margin	18.52%	14.77%
Selling, General & Admin	$2.385M	$2.446M
YoY Change	-2.52%	-34.06%
% of Gross Profit	85.57%	103.66%
Research & Development	$40.00K	$60.00K
YoY Change	-33.33%
% of Gross Profit	1.44%	2.54%
Depreciation & Amortization	$851.2K	$700.0K
YoY Change	21.6%	2008.24%
% of Gross Profit	30.54%	29.66%
Operating Expenses	$15.85M	$16.97M
YoY Change	-6.61%	289.26%
Operating Profit	-$803.4K	-$989.2K
YoY Change	-18.79%	-56.19%
Interest Expense	$245.1K	$243.2K
YoY Change	0.75%	427.23%
% of Operating Profit
Other Income/Expense, Net	-$86.39K	-$350.8K
YoY Change	-75.37%	3408.13%
Pretax Income	-$1.135M	-$1.583M
YoY Change	-28.33%	-37.67%
Income Tax
% Of Pretax Income
Net Earnings	-$1.121M	-$1.611M
YoY Change	-30.42%	-36.54%
Net Earnings / Revenue	-7.45%	-10.08%
Basic Earnings Per Share
Diluted Earnings Per Share	-$56.00	-$80.50
COMMON SHARES
Basic Shares Outstanding	3.865M	3.862M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$500.0K	$9.200M
YoY Change	-94.57%	1050.0%
Cash & Equivalents	$477.0K	$9.641M
Short-Term Investments
Other Short-Term Assets	$1.400M	$1.900M
YoY Change	-26.32%	11.76%
Inventory
Prepaid Expenses
Receivables	$5.135M	$5.100M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$7.038M	$16.20M
YoY Change	-56.56%	76.09%
LONG-TERM ASSETS
Property, Plant & Equipment	$21.85K	$100.0K
YoY Change	-78.15%	0.0%
Goodwill	$9.008M
YoY Change
Intangibles	$6.331M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$654.8K	$500.0K
YoY Change	30.95%	0.0%
Total Long-Term Assets	$16.49M	$13.10M
YoY Change	25.85%	-5.07%
TOTAL ASSETS
Total Short-Term Assets	$7.038M	$16.20M
Total Long-Term Assets	$16.49M	$13.10M
Total Assets	$23.52M	$29.30M
YoY Change	-19.71%	27.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.301M	$6.400M
YoY Change	-17.17%	-22.89%
Accrued Expenses	$2.753M	$3.500M
YoY Change	-21.33%	-35.19%
Deferred Revenue	$972.7K
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$330.7K	$1.500M
YoY Change	-77.95%	108.46%
Total Short-Term Liabilities	$9.721M	$12.50M
YoY Change	-22.24%	-20.38%
LONG-TERM LIABILITIES
Long-Term Debt	$5.960M	$5.000M
YoY Change	19.21%	30.07%
Other Long-Term Liabilities	$400.0K
YoY Change
Total Long-Term Liabilities	$5.960M	$5.000M
YoY Change	19.21%	30.07%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.721M	$12.50M
Total Long-Term Liabilities	$5.960M	$5.000M
Total Liabilities	$16.06M	$17.50M
YoY Change	-8.22%	-10.71%
SHAREHOLDERS EQUITY
Retained Earnings	-$173.4M
YoY Change
Common Stock	$386.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.600M	$11.70M
YoY Change
Total Liabilities & Shareholders Equity	$23.52M	$29.30M
YoY Change	-19.71%	27.39%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	-$1.121M	-$1.611M
YoY Change	-30.42%	-36.54%
Depreciation, Depletion And Amortization	$851.2K	$700.0K
YoY Change	21.6%	2008.24%
Cash From Operating Activities	-$237.8K	-$1.138M
YoY Change	-79.1%	18.52%
INVESTING ACTIVITIES
Capital Expenditures	$410.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$650.0K	-$400.0K
YoY Change	62.5%	0.0%
Cash From Investing Activities	-$1.064M	-$402.0K
YoY Change	164.81%	0.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net	$102.7K	$515.8K
YoY Change	-80.09%
Cash From Financing Activities	197.0K	-548.9K
YoY Change	-135.89%	-136.84%
NET CHANGE
Cash From Operating Activities	-237.8K	-1.138M
Cash From Investing Activities	-1.064M	-402.0K
Cash From Financing Activities	197.0K	-548.9K
Net Change In Cash	-1.118M	-2.092M
YoY Change	-46.58%	-1709.48%
FREE CASH FLOW
Cash From Operating Activities	-$237.8K	-$1.138M
Capital Expenditures	$410.0K
Free Cash Flow	-$647.8K
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	696000
CY2019Q1	us-gaap	Assets Assets	23524026
CY2018Q4	us-gaap	Assets Assets	25764014
CY2019Q1	nete	Accrued Foreign Taxes AccruedForeignTaxes	-36012
CY2018Q4	nete	Accrued Foreign Taxes AccruedForeignTaxes	-45952
CY2019Q1	nete	Accrued Pay Online Current AccruedPayOnlineCurrent	1126273
CY2018Q4	nete	Accrued Pay Online Current AccruedPayOnlineCurrent	1126273
CY2015Q2	nete	Increase Decrease In Common Stock Shares Authorized IncreaseDecreaseInCommonStockSharesAuthorized	100000000
CY2017Q4	nete	Increase Decrease In Common Stock Shares Authorized IncreaseDecreaseInCommonStockSharesAuthorized	-300000000
CY2016Q2	nete	Increase Decrease In Common Stock Shares Authorized IncreaseDecreaseInCommonStockSharesAuthorized	100000000
CY2019Q1	nete	Increase Decrease Lease Liability IncreaseDecreaseLeaseLiability	471307
CY2018Q1	nete	Increase Decrease Lease Liability IncreaseDecreaseLeaseLiability
CY2019Q1	nete	Warrants And Rights Outstanding Remaining Contractual Term WarrantsAndRightsOutstandingRemainingContractualTerm	P3Y273D
CY2018	nete	Warrants And Rights Outstanding Remaining Contractual Term WarrantsAndRightsOutstandingRemainingContractualTerm	P4Y
CY2019Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	5301425
CY2018Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	6368444
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5134505
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6290412
CY2019Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1319430
CY2018Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1157556
CY2019Q1	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	1000000
CY2018Q4	us-gaap	Accrued Bonuses Current And Noncurrent AccruedBonusesCurrentAndNoncurrent	866000
CY2019Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2753464
CY2018Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2535947
CY2019Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	62977
CY2018Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	174915
CY2019Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2246724
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2232163
CY2019Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	183261238
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	183246232
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	760000
CY2019Q1	us-gaap	Assets Current AssetsCurrent	7037708
CY2018Q4	us-gaap	Assets Current AssetsCurrent	9685114
CY2019Q1	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">NOTE <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div></div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">BASIS</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">OF</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">PRESENTATION</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:265.7pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The accompanying <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2019 </div>interim condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in the annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to those rules and regulations, but we believe the disclosures made are adequate to make the information presented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> misleading. In the opinion of management, all adjustments, consisting of normal and recurring adjustments, necessary for a fair presentation have been included in the condensed consolidated financial statements included herein. These statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K for the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2018. </div>The results of operations for the periods presented are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> necessarily indicative of results to be expected for the full fiscal year or any other periods.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The condensed consolidated unaudited financial statements contained in this report include the accounts of Net Element, Inc., and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.</div></div>
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	476989
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1645481
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1131743
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2249551
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11733271
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9640953
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1117808
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2092318
CY2019Q1	us-gaap	Cash Uninsured Amount CashUninsuredAmount	0
CY2018Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	600000
CY2018Q4	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	6.18
CY2019Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2019Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000
CY2019Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.29
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2019Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3865467
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3863019
CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3865467
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3863019
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	386
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	386
CY2019Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1135408
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1571532
CY2019Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	972650
CY2018Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1495849
CY2019Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6409569
CY2018Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6512268
CY2019Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	118459
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	132774
CY2019Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	851220
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	703538
CY2019Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	271972
CY2018Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	387814
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.42
CY2019Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-12497
CY2018Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3720
CY2019Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	15006
CY2018Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	82011
CY2019Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	12201784
CY2018Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	11404732
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	1582663
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	185338
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1495427
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1533612
CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1533612
CY2019Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	18532437
CY2018Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	17846476
CY2019Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6330652
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6441743
CY2019Q1	us-gaap	Goodwill Goodwill	9007752
CY2018Q4	us-gaap	Goodwill Goodwill	9007752
CY2018	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	636000
CY2019Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	851220
CY2018Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	703538
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1134813
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1583294
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit
CY2019Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	46932
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	41410
CY2019Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-875266
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-545305
CY2019Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1151285
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1032930
CY2019Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-523199
CY2018Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-535748
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-253634
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	308648
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6330652
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6441743
CY2019Q1	us-gaap	Interest Expense InterestExpense	245054
CY2018Q1	us-gaap	Interest Expense InterestExpense	243238
CY2019Q1	us-gaap	Interest Paid Net InterestPaidNet	230789
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	226479
CY2019Q1	us-gaap	Interest Payable Current InterestPayableCurrent	116201
CY2018Q4	us-gaap	Interest Payable Current InterestPayableCurrent	108202
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	574160
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	100478
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	172248
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	172248
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	129186
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	102853
CY2019Q1	us-gaap	Liabilities Liabilities	16061928
CY2018Q4	us-gaap	Liabilities Liabilities	17167548
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	23524026
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	25764014
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CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	11221502
CY2019Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	11100000
CY2019Q1	us-gaap	Long Term Debt LongTermDebt	6291110
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CY2018Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	433448
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	330749
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	811360
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	4154137
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	1113323
CY2019Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5960361
CY2018Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5946046
CY2019Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	5960361
CY2018Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	5946046
CY2019Q1	us-gaap	Minority Interest MinorityInterest	-139703
CY2018Q4	us-gaap	Minority Interest MinorityInterest	-125737
CY2019Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"><div style="display: inline; font-weight: bold;">NOTE <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.</div> ORGANIZATION AND OPERATIONS</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"><div style="display: inline; font-weight: bold;"> </div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Net Element, Inc. (collectively with its subsidiaries, “Net Element”, “we”, “us”, “our” or the “Company”) is a financial technology-driven group specializing in payment acceptance and value-added solutions across multiple channels in the United States and selected international markets. We are differentiated by our proprietary technology which enables us to provide a broad suite of payment products and end-to-end transaction processing services. Our transactional services business enables merchants to accept credit cards as well as other forms of payment, including debit cards, checks, gift cards, loyalty programs and alternative payment methods in traditional card-present or swipe transactions, as well as card-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div>-present transactions, such as those conducted over the phone or through the Internet or a mobile device. We operate in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> reportable business operating segments: (i) North American Transaction Solutions, and (ii) International Transaction Solutions.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">We are able to deliver our services across multiple points of access, or “multi-channel,” including brick and mortar locations, software integration, e-commerce, mobile operator billing, mobile and tablet-based solutions. In the United States, via our U.S. based subsidiaries, we generate revenues from transactional services and other payment technologies for small and medium-sized businesses. Through PayOnline, we provide transactional services, mobile payment transactions, online payment transactions and other payment technologies in emerging countries in the Eurasian Economic Community ("EAEC"), Europe and Asia.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Our transactional services business enables merchants to accept credit cards as well as other forms of payment, including debit cards, checks, gift cards, loyalty programs and alternative payment methods in traditional card-present or swipe transactions, as well as card-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div>-present transactions, such as those conducted over the phone or through the Internet or a mobile device. We market and sell our services through both independent sales groups (“ISGs”), which are non-employee, external sales organizations and other <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div>-party resellers of our products and services, and directly to merchants through electronic media, telemarketing and other programs, including utilizing partnerships with other companies that market products and services to local and international merchants. We have agreements with several banks that sponsor us for membership in the Visa <div style="display: inline; font-weight: bold;">®</div>, MasterCard <div style="display: inline; font-weight: bold;">®</div>, American Express <div style="display: inline; font-weight: bold;">®, </div>and Discover <div style="display: inline; font-weight: bold;">® </div>card associations and settle card transactions for our merchants. These sponsoring banks include Citizens Bank, Esquire Bank, N.A. and Wells Fargo Bank, N.A. From time to time, we <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>enter into agreements with additional banks. We perform core functions for merchants such as application processing, underwriting, account set-up, risk management, fraud detection, merchant assistance and support, equipment deployment and chargeback services.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Our Mobile Solutions business, PayOnline, provides relationships and contracts with mobile operators that gives us the ability to offer our clients in-app, premium SMS (short message services, which is a text messaging service), Wireless Application Protocol (WAP)-click, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> click and other carrier billing services. We also had marketed our own branded content as a separate line of business for our mobile commerce business from offices in Russia and Kazakhstan. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August 2017, </div>we substantially reorganized this business, and combined its operations into PayOnline and TOT Group Russia. We currently are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> generating revenues from new mobile content and we continue to explore partnership opportunities that can monetize our relationships and contracts with mobile operators. PayOnline provides flexible high- tech payment solutions to companies doing business on the Internet or in the mobile environment. PayOnline specializes in integration and customization of payment solutions for websites and mobile apps. In particular, PayOnline arranges payment on the website of any commercial organization, which increases the convenience of using the website and helps maximize the number of successful transactions. In addition, PayOnline is focused on providing online and mobile payment acceptance services to the travel industry through direct integration with leading Global Distribution Systems (“GDS”), which include Amadeus® and Sabre®. Key geographic regions that PayOnline serves include Eastern Europe, Central Asia, Western Europe, North America and Asia major sub regions. PayOnline offices are located in Russia and in the Republic of Cyprus.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:0pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Also part of our transactional services business, Aptito is a proprietary, cloud-based payments platform for the hospitality industry, which creates an online consumer experience in offline commerce environments via tablet, mobile and all other cloud-connected devices. Aptito’s easy to use point-of-sale (“POS”) system makes things easier by providing a comprehensive solution to the hospitality industry to help streamline management and operations. Orders placed tableside by customers directly speed up the ordering process and improve overall efficiency. Aptito's mobile POS system provides portability to the staff while performing all the same functions as a traditional POS system.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:6.25pt;margin-top:0pt;text-align:justify;"></div></div>
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	196992
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-548861
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1064497
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-401980
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-237806
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1137757
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-1120847
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-1610847
CY2019Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-13966
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	27553
CY2019Q1	us-gaap	Notes Payable Current NotesPayableCurrent	330749
CY2018Q4	us-gaap	Notes Payable Current NotesPayableCurrent	433448
CY2019Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	15850548
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	16971637
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-803366
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-989243
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	471307
CY2019Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	90321
CY2018Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent
CY2019Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	380986
CY2018Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	471307
CY2018Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.12
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y120D
CY2019Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	46000
CY2019Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	164595
CY2018Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	14953
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	654754
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	604070
CY2018Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	39315
CY2019Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-14561
CY2019Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-10013
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-86393
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-350813
CY2019Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	413132
CY2018Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets
CY2019Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	651365
CY2018Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	401980
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2019Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2019Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2019Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1426214
CY2018Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1749221
CY2019Q1	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-171615
CY2018Q1	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-33027
CY2018Q1	us-gaap	Profit Loss ProfitLoss	-1583294
CY2019Q1	us-gaap	Profit Loss ProfitLoss	-1134813
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	21853
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25335
CY2019Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	14314
CY2018Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	16759
CY2019Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	339308
CY2018Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	121274
CY2019Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	102700
CY2018Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	515834
CY2019Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	654754
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	604070
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-173413099
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-172292252
CY2019Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	15047182
CY2018Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	15982394
CY2019Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2384866
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2446480
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	15006
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	82011
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	234218
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	234218
CY2018Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	82011
CY2019Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	15006
CY2018Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	50585
CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7462098
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8596466
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13143528
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11732145
CY2019Q1	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=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; font-weight: bold;">Use of Estimates</div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The preparation of these consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the reporting period. Such estimates include, but are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> limited to, the value of purchase consideration paid and identifiable assets acquired and assumed in acquisitions, goodwill and asset impairment review, valuation reserves for accounts receivable, valuation of acquired or current merchant portfolios, incurred but <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> reported claims, revenue recognition for multiple element arrangements, loss reserves, assumptions used in the calculation of equity-based compensation and in the calculation of income taxes, and certain tax assets and liabilities, as well as, the related valuation allowances. Actual results could differ from those estimates.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Below is a summary of the Company’s critical accounting estimates for which the nature of management’s assumptions are material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change, and for which the impact of the estimates and assumptions on financial condition or operating performance is material.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;"><div style="display: inline; text-decoration: underline;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">Goodwill</div></div></div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;">The Company tests goodwill for impairment using a fair value approach at least annually, absent some triggering event that would require an interim impairment assessment.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;">Significant estimates and assumptions are used in our goodwill impairment review and include the identification of reporting units, assigning assets and liabilities to reporting units, assigning goodwill to reporting units and determining the fair value of each reporting unit. Our assessment of qualitative factors involves significant judgments about expected future business performance, general market conditions, and regulatory changes. In a quantitative assessment, the fair value of each reporting unit is determined based largely on the present value of projected future cash flows, growth assumptions regarding discount rates, estimated growth rates and our future long-term business plans. Changes in any of these estimates or assumptions could materially affect the determination of fair value and the associated goodwill impairment charge for each reporting unit.</div></div></div></div></div></div></div></div>
CY2019Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3908872
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3853130

Files In Submission

Name	View Source	Status
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0001437749-19-010066-index.html	Edgar Link	pending
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nete-20190331.xml	Edgar Link	completed
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2019 Q1 Form 10-Q Financial Statement

#000143774919010066 Filed on May 15, 2019

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$MULN MULLEN AUTOMOTIVE INC. Stock $muln

2019 Q1 Form 10-Q Financial Statement

#000143774919010066 Filed on May 15, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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MULLEN AUTOMOTIVE INC. Stock $muln