XML 31 R20.htm IDEA: XBRL DOCUMENT v3.19.1
13. REVENUES
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
REVENUES

13.REVENUES

 

For each of the identified periods, revenues can be categorized into the following:

 

   For the three months ended March 31, 
   2019   2018 
Product Sales  $1,187,465   $2,868,630 
Maintenance Fees   2,130    5,448 
Professional Services       1,894 
Total Revenues  $1,189,595   $2,875,972 

 

At March 31, 2019 and December 31, 2018, deferred revenue amounted to $904,107 and $835,785 respectively. At March 31, 2019, the Company has received an initial deposit to plan and manufacture two Solar Tree® units, a prepayment for the delivery two of our new DC Fast Charge EVARC units, a prepayment for one standard EVARC unit, in addition to deposits for multi-year maintenance plans for previously sold products. As of March 31, 2019, deferred revenue associated with product deposits are $862,365 and the delivery of such products are expected within the following six months, while deferred maintenance fees amounted to $41,742 and pertain to services to be provided through the second quarter of 2022.