0001079973-23-000771 | 10-Q | XBRL Viewer

Intangible assets, net (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets
	March 31,			December 31,
	2023			2022
Government Relationships		2,400			2,400
Trade name and trademarks		900			900
Customer Relationships		—			—
Licenses		135			126
Other Intangible assets		291			87
Total Intangible assets, Gross	$	3,726		$	3,513
Less: accumulated amortization		(512	)		(246	)
Total Intangible assets, net	$	3,214		$	3,267

Related Party Transactions (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
	Mar. 13, 2023	Mar. 31, 2023	Mar. 30, 2023	Dec. 31, 2022
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Debt Instrument, Periodic Payment, Principal		$ 78
Preferred Stock, Shares Outstanding		0		0
Series B Preferred Stock [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Shares, Issued	3,000
Preferred Stock, Voting Rights	Series B has no voting rights, except that each share of Series B is entitled to 80,000 votes at a shareholder meeting on whether to enact a reverse stock split.
Share Price			$ 0.01
Preferred Stock, Shares Outstanding		0
Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Debt Conversion, Converted Instrument, Shares Issued		13,000

Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders' Deficit - USD ($) $ in Thousands	Convertible Preferred Stock Series B [Member]	Convertible Preferred Stock Series A [Member]	Class A Common Stock [Member]	Class B Common Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at January 1, 2022 (Retroactive application of the reverse split ratio 1:50) at Dec. 31, 2021			$ 101,454		$ (108,682)	$ (621)	$ (7,849)
Beginning balance, Shares at Dec. 31, 2021			325,784	284,518
ASU No. 2020-06 - modified retrospective method			$ (4,187)		816		(3,371)
Issuance of common shares – for Conversion of 2021 Convertible Notes			$ 6,810				6,810
Issuance of common shares for Conversion of 2021 Convertible Notes, shares			48,140
Issuance of common shares - for Settlement of Account Payable			$ 10				10
Issuance of common shares - for Settlement of Account Payable , shares			43
Issuance of common shares – for purchasing Intangible Assets
Issuance of common shares – for settlement of Payroll liabilities
Share based compensation			$ 1,092				1,092
Share based compensation shares			33
Changes in currency translation adjustment						(323)	(323)
Net loss					(19,397)		(19,397)
Ending balance, value at Mar. 31, 2022			$ 105,180		(127,263)	(944)	(23,027)
Ending balance, Shares at Mar. 31, 2022			374,000	284,518
Balance at January 1, 2022 (Retroactive application of the reverse split ratio 1:50) at Dec. 31, 2022		$ 945	$ 152,996		(189,942)	(2,904)	(39,850)
Beginning balance, Shares at Dec. 31, 2022			3,264,576	284,518
Issuance of common shares – for Advance Notices under SEPA			$ 18,105				18,105
Issuance of common shares - for Advance Notices under SEPA, shares			2,100,518
Issuance of common shares – for Conversion of Convertible Notes			$ 1,296				1,296
Issuance of common shares for Conversion of Convertible Notes , shares			103,689
Issuance of common stock – for Conversion of Series A Convertible Preferred Stocks		(945)	$ 945				945
Issuance of common stock - for Conversion of Series A Convertible Preferred Stocks, shares			135,645
Issuance of common shares – for purchasing Intangible Assets			$ 50				50
Issuance of common shares - for purchasing Intangible Assets, shares			6,869
Issuance of common shares – for settlement of Payroll liabilities			$ 78				78
Issuance of common shares - for settlement of Payroll liabilities, shares			13,000
Share based compensation			$ 418				418
Issuance of Series B Preferred Stock	0						0
Redemption of Series B Preferred Stock	(0)						(0)
Changes in currency translation adjustment						(247)	(247)
Net loss					(19,554)		(19,554)
Ending balance, value at Mar. 31, 2023			$ 173,889	$ 0	$ (209,496)	$ (3,151)	$ (38,758)
Ending balance, Shares at Mar. 31, 2023			5,624,297	284,518

Property, equipment and vehicle deposits, net (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Cost of revenue	$ 1,351
Depreciation expenses		$ 551

Segment and geographic information

3 Months Ended

Mar. 31, 2023

Segment And Geographic Information

Segment and geographic information

16. Segment and geographic information

The following table provides information about our segments and a reconciliation of the total segment Revenue and Cost of revenue to loss from operations.


	Three months ended March 31,
	2023			2022
Revenue
Mobility		1,578			1,577
Media		2,086			1,656
All Other		255			79
Total Revenue	$	3,919		$	3,312

Cost of revenue
Mobility		(4,608	)		(4,637	)
Media		(5,610	)		(6,276	)
All Other		(849	)		(426	)
Total Cost of revenues	$	(11,067	)	$	(11,339	)

Reconciling Items:
Research and development		(843	)		(744	)
Sales and marketing		(1,239	)		(2,598	)
General and administrative		(6,232	)		(6,681	)
Loss from operations	$	(15,463	)	$	(18,050	)

Revenue by geography is based on where the trip was completed, or media content occurred. The following table set forth revenue by geographic area for the three months ended March 31, 2023, and 2022.

Schedule of revenue by geography
	Three months ended March 31,
	2023		2022
Revenue
Italy		3,148		2,952
United States		771		360
All other countries		—		—
Total Revenue	$	3,919	$	3,312

Long-lived assets, net includes property and equipment, intangible assets, goodwill and other assets. The following table set forth long-lived assets, net by geographic area as of March 31, 2023, and December 31, 2022.


	March 31,		December 31,
Non-Current Assets	2023		2022
Italy	$	5,006	$	5,575
United States		23,387		23,669
All other countries		587		665
Total Non-Current Assets	$	28,980	$	29,909

Related Party Transactions

3 Months Ended

Mar. 31, 2023

Related Party Transactions

17. Related Party Transactions

During the period ended March 31, 2023, our majority shareholder and CEO converted a portion of his deferred salaries, totaling $78, into 13,000 Class A Common Shares.

On March 13, 2023, the Company issued 3,000 Series B Preferred Stock to the Company’s CEO for an aggregate purchase price of $0.5. Series B has no voting rights, except that each share of Series B is entitled to 80,000 votes at a shareholder meeting on whether to enact a reverse stock split. Holder of Company’s Series B was required to vote any proposal for a reverse stock split on a “mirrored” basis. This means that the Series B holder was required to cast their votes “For” and “Against” each such proposal in the same proportions as the holders of Company’s Class A Common shares eligible and voting at the Special Meeting cast their votes, in the aggregate. On March 30, 2023, the Company’s Series B Preferred Stock have been redeemed following the stockholder meeting for $0.01 per share. As of March 31, 2023, there were 0 shares of Series B Preferred Stock issued and outstanding.

Current and Non-current financial liabilities, net (Tables)

3 Months Ended

Mar. 31, 2023

Current And Non-current Financial Liabilities Net

Schedule of financial liabilities

Schedule of financial liabilities
	Weighted Average Interest Rate			Maturity Date		March 31, 2023		December 31, 2022
Convertible debts, net		9	%		2023		10,131		14,372
Secured loan, net		13	%		2023		14,306		14,224
Unsecured loans, net		7	%		Various		10,611		10,935
Warrants liabilities		N/A			—		51		84
Other financial liabilities		N/A			Various		738		802
Total Financial Liabilities, net							35,837		40,418
*Of which classified as Current Financial Liabilities, net*							*28,956*		*33,244*
*Of which classified as Non-Current Financial Liabilities, net*							*6,881*		*7,174*

Schedule of interest expense

Schedule of interest expense
	Three months Ended March 31,
	2023			2022
Convertible debts	$	(932	)	$	(1,384	)
Secured loan		(540	)		(457	)
Unsecured loans		(224	)		(140	)
Other interest (income) expenses		(5	)		—
Total Interest expenses, net	$	(1,701	)	$	(1,981	)

Segment and geographic information (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue	$ 3,919	$ 3,312
ITALY
Revenue	3,148	2,952
UNITED STATES
Revenue	771	360
All Other Countries [Member]
Revenue

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

+ References

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+ Details

Share based compensation expenses (Tables)

3 Months Ended

Mar. 31, 2023

Retirement Benefits [Abstract]

Schedule of stock-based compensation expenses


	Three Months Ended March 31,
	2023		2022
Cost of revenue		2		10
Research and development		31		64
Sales and marketing		26		182
General and administrative		518		995
SEPA financial expenses		186		—
Total Share based compensation expenses, net		762		1,252
Of which related to shares not issued for services rendered during the period, accrued as Account payables		345		160

Standby Equity Purchase Agreements (Tables)

3 Months Ended

Mar. 31, 2023

Standby Equity Purchase Agreements

Schedule of consolidated operations related

Schedule of consolidated operations related
	March 31,
	2023			2022
SEPAs transaction costs		(1,611	)		—
Other SEPA financial income (expenses), net		(597	)		—
Total SEPA financial income (expenses), net	$	(2,208	)	$	—

Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2023

Revenue Recognition

Schedule of revenue recognition

Schedule of revenue recognition
	Three months ended March 31,
	2023		2022
Mobility Revenues (ASC 842)	$	1,578	$	1,577
Pay per ride		1,203		1,205
Mobility Subscriptions		324		288
Partnerships fees		51		84
Media Revenues (ASC 606)	$	2,086		1,656
Commercialization of Media rights (B2B)		1,307		1,296
Advertising fees		94		50
Live subscriptions		685		310
Other Revenues (ASC 606)	$	255	$	79
Total Revenues	$	3,919	$	3,312

Schedule of deferred revenue

Schedule of deferred revenue
Deferred Income	January 1, 2022		FX Rate adj			Additions		Q1 2022 Revenue			March 31, 2022

Mobility	$	1,183		(19	)		347		(329	)		1,182
Media		402		(40	)		2,473		(316	)		2,519
Total	$	1,585	$	(59	)	$	2,820	$	(645	)	$	3,701

Deferred Income	January 1, 2023		FX Rate adj		Additions		Q1 2023 Revenue			March 31, 2023

Mobility	$	1,775		2		407		(423	)		1,761
Media		1,272		19		1,832		(2,086	)		1,037
Total	$	3,047	$	21	$	2,239	$	(2,509	)	$	2,798

Accrued expenses and other current liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Legal contingencies – refer to Note 11 Commitments and Contingencies	$ 2,481	$ 2,710
Payroll liabilities	2,814	2,693
Accrued expenses	2,730	2,369
Sales tax payables	640	1,113
Total accrued expenses and other current liabilities	$ 8,665	$ 8,885

Accrued expenses and other current liabilities (Tables)

3 Months Ended

Mar. 31, 2023

Payables and Accruals [Abstract]

Schedule of accrued expenses and other current liabilities


	March 31,		December 31,
	2023		2022
Legal contingencies – refer to Note 11 Commitments and Contingencies	$	2,481	$	2,710
Payroll liabilities		2,814		2,693
Accrued expenses		2,730		2,369
Sales tax payables		640		1,113
Total accrued expenses and other current liabilities	$	8,665	$	8,885

Property, equipment and vehicle deposits, net (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property equipment	$ 18,439	$ 18,298
Less: accumulated depreciation	(13,524)	(12,136)
Total property and equipment, net	4,915	6,162
Vehicle deposits	3,097	3,075
Total property, equipment and deposits, net	8,012	9,237
Sharing Electric Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property equipment	15,046	15,128
Sharing Electric Vehicles Under Finance Lease Agreements [Member]
Property, Plant and Equipment [Line Items]
Property equipment	3,288	3,260
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property equipment	1,621	1,411
Furniture And Fixtures Under Finance Lease Agreements [Member]
Property, Plant and Equipment [Line Items]
Property equipment	177	177
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property equipment	1,048	1,045
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property equipment	$ 724	$ 714

Description of Business and Basis of Presentation (Details Narrative)	3 Months Ended
	Mar. 20, 2023
Board of Directors Chairman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Reverse stock split	1:50

Standby Equity Purchase Agreements

3 Months Ended

Mar. 31, 2023

Standby Equity Purchase Agreements

Standby Equity Purchase Agreements

13. Standby Equity Purchase Agreements

During the three months ended March 31, 2023, the Company entered into two Standby Equity Purchase Agreements (“2023 SEPAs”) with an investor. The 2023 SEPAs terms and conditions represent: i) at inception - a purchased put option on the Company’s Class A common shares and, ii) upon delivery of an Advance Notice - a forward contract on the Company’s Class A common shares. Neither the purchased put option nor the forward contract qualify for equity classification.

As a result of the above classification of the 2023 SEPAs, at inception the Company expensed as SEPA’s transactions costs the legal and commitment fees that exceeded the fair value of the purchased put options. The settlement of forward contracts initiated by the Company were recorded as other SEPA financial income (expense), net.

The table below presents the impact on the condensed consolidated statement of operations related to the 2023 SEPAs for the three months ended March 31, 2023, and 2022.

Schedule of consolidated operations related
	March 31,
	2023			2022
SEPAs transaction costs		(1,611	)		—
Other SEPA financial income (expenses), net		(597	)		—
Total SEPA financial income (expenses), net	$	(2,208	)	$	—

January 2023 SEPA

On January 24, 2023, the Company entered into a Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd. Pursuant to the SEPA, the Company has the right, but not the obligation, to sell to Yorkville up to $20,000 of its shares of Class A Common Stock at any time during the 24 months. To request a purchase, the Company would submit an Advance Notice to YA II PN, Ltd. specifying the number of shares, it intends to sell. The Advance Notice would state that the shares would be purchased at either:

(i)

95.0% of the Option 1 Market Price, which is the lowest VWAP (the daily volume weighted average price of Company’s Class A common stock for the applicable date) in each of the three consecutive trading days commencing on the trading day following the Company’s submission of an Advance Notice, or

(ii)

92.0% of the Option 2 Market Price, which is the VWAP of the pricing period set out in the Advance Notice and consented to by YA II PN, Ltd.

At inception the Company did not identify any day one impact for the SEPA agreement except for $400 as Commitment fees to be paid to YA II PN, Ltd and legal fees amounted to $192. The mentioned legal and Commitment fees have been recorded as SEPA transaction costs.

During the three months ended March 31, 2023, the Company delivered multiple Advance Notices for the sale of 904,000 Class A Common Shares, resulting in cumulative gross proceeds of $7,402.

March 2023 SEPA

On March 8, 2023, the Company entered into a Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd. Pursuant to the SEPA, the Company has the right, but not the obligation, to sell to Yorkville up to $50,000 of its shares of Class A Common Stock at any time during the 24 months. To request a purchase, the Company would submit an Advance Notice to YA II PN, Ltd. specifying the number of shares, it intends to sell. The Advance Notice would state that the shares would be purchased at either:

(i)

(ii)

92.0% of the Option 2 Market Price, which is the VWAP of the pricing period set out in the Advance Notice and consented to by YA II PN, Ltd.

At inception the Company did not identify any day one impact for the SEPA agreement except for $750 as Commitment fees to be paid to YA II PN, Ltd and legal fees amounted to $269, recorded as SEPA Deferred Costs as of March 31, 2023. The mentioned legal and Commitment fees have been recorded as SEPA transaction costs.

Standby Equity Purchase Agreements (Details Narrative) - USD ($) $ in Thousands		3 Months Ended
	Mar. 08, 2023	Mar. 31, 2023
Standby Equity Purchase Agreements
Obligation amount	$ 50,000	$ 20,000
Sale of stock shares		904,000
Gross proceeds		$ 7,402
Commitment fees	750
Legal fees	$ 269

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 647	$ 429
Accounts receivables	552	1,345
Prepaid media rights	997	2,366
VAT receivables	1,873	3,054
Prepaid and other current assets	3,828	4,051
Total current assets	7,897	11,245
Goodwill	13,826	13,826
Property, equipment and deposits, net	8,012	9,237
Intangible assets, net	3,214	3,267
Right of use assets	3,211	2,872
Other assets	717	707
TOTAL ASSETS	36,877	41,154
Current liabilities:
Accounts payable	14,467	14,359
Accounts payable related to media rights	7,913	7,732
Accrued expenses and other current liabilities	8,665	8,885
Deferred revenues	2,798	3,047
Operating lease liabilities	1,379	1,463
Finance lease liabilities	1,977	2,002
Short term financial liabilities, net	28,956	33,244
Total current Liabilities	66,155	70,732
Other non-current liabilities	406	362
Operating lease liabilities	2,135	1,719
Finance lease liabilities	58	71
Non-current financial liabilities, net	6,881	7,174
TOTAL LIABILITIES	75,635	80,058
Commitments and contingencies	11
CONVERTIBLE PREFERRED STOCK
Preferred stock, $0.00001 par value; 100,000,000 shares authorized; none issued and outstanding
STOCKHOLDERS’ DEFICIT
Accumulated other comprehensive (loss) income	(3,151)	(2,904)
Accumulated deficit	(209,496)	(189,942)
Total Stockholders’ deficit	(38,758)	(39,850)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	36,877	41,154
Common Class A [Member]
STOCKHOLDERS’ DEFICIT
Common stock	173,889	152,996
Common Class B [Member]
STOCKHOLDERS’ DEFICIT
Common stock
Convertible Preferred Stock Series A [Member]
CONVERTIBLE PREFERRED STOCK
Preferred stock, $0.00001 par value; 100,000,000 shares authorized; none issued and outstanding		945
STOCKHOLDERS’ DEFICIT
Total Stockholders’ deficit		$ 945

Property, equipment and vehicle deposits, net (Tables)

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of consolidated income statement

Schedule of property and equipment
	March 31,			December 31,
	2023			2022
Sharing electric vehicles	$	15,046		$	15,128
Of which under finance lease agreements		3,288			3,260
Furniture, fixtures, and equipment		1,621			1,411
Of which under finance lease agreements		177			177
Computers and software		1,048			1,045
Leasehold improvements		724			714
Total property and equipment, gross		18,439			18,298
Less: accumulated depreciation		(13,524	)		(12,136	)
Total property and equipment, net	$	4,915		$	6,162
Vehicle deposits		3,097			3,075
Total property, equipment and deposits, net	$	8,012		$	9,237

The following table summarizes the loss on disposal and depreciation expenses recorded in the condensed consolidated statement of operations for the three months ended on March 31, 2023, and 2022.


	Three months Ended March 31,
	2023		2022
Cost of revenues	$	1,351	$	981
Research & Development		15		—
General & administrative		108		104
Total depreciation and loss on disposal expenses	$	1,474	$	1,085

Schedule of consolidated income statement


	Three months Ended March 31,
	2023		2022
Cost of revenues	$	1,351	$	981
Research & Development		15		—
General & administrative		108		104
Total depreciation and loss on disposal expenses	$	1,474	$	1,085

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating activities
Net loss	$ (19,554)	$ (19,397)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	1,784	1,296
Non-cash interest expenses and amortization of debt discount	510	1,911
Amortization of right-of-use assets	462
Share-based compensation	762	1,252
Change in fair value of warrant liabilities	(33)	(945)
Loss on disposal of assets	10	55
Changes in operating assets and liabilities:
Prepaid and other current assets	2,716	(188)
Other Assets	(10)	143
Accounts receivables	793	(849)
Accrued expenses and other current liabilities	(309)	1,908
Accounts payables	(63)	(1,801)
Other non-current liabilities	44	76
Net cash used in operating activities	(12,886)	(16,539)
Investing activities
Purchase of property, equipment, and vehicle deposits	(202)	(2,926)
Purchase of intangible assets	(154)	(111)
Net cash used in investing activities	(356)	(3,037)
Financing activities
Gross proceeds from sale of Class A common shares	18,105
Gross proceeds from issuance of financial liabilities	4,190	113
Repayment of financial liabilities	(8,671)	(556)
Payments of offering costs and underwriting discounts and commissions	(15)	275
Proceeds from issuance of financial liabilities, due to related party - Officer
Net cash provided by financing activities	13,609	(168)
Increase (decrease) in cash and cash equivalents, and restricted cash	367	(19,744)
Effect of exchange rate changes	(145)	(115)
Net increase (decrease) in cash and cash equivalents, and restricted cash	222	(19,858)
Cash and cash equivalents, and restricted cash, beginning of year	736	21,253
Cash and cash equivalents, and restricted cash, end of period	958	1,395
RECONCILIATION OF CASH, CASH EQUIVALENT AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEET
Cash and cash equivalents	648	1,115
Restricted cash, included in Current assets	310	170
Restricted cash, included in Other assets, non-current		110
Cash paid for:
Interest	1,186	69
Income taxes, net of refunds	3
Non-cash investing & financing activities
Issuance of common shares – for Conversion of Convertible Notes	1,296	6,810
Issuance of common shares – for conversion of Series A Convertible Preferred Stocks	945
Issuance of common shares – for purchasing Intangible Assets	50
Issuance of common shares - for Settlement of Payroll Liabilities	78
Recognition of new lease agreements	761
Derecognition of Beneficial conversion features (BCF) - Adoption of ASU 2020-06		3,371
Purchase of vehicles with financing agreement		2,388
Prepaid expenses related to D&O insurance, included in Account payable		$ 1,269

Net Loss Per Share - Dilutive outstanding shares (Details) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	1,179,653	522,493
Stock Option Plan 2020 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	146,652	147,097
Public Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	196,728	196,728
Convertible Debt [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	671,259	104,286
Convertible Notes Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	40,000	20,000
Common Stocks To Be Issued Outside Equity Incentive Plans [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	107,139	1,382
C E O Performance Award [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	12,000	12,000
Omnibus Plan 2021 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares	5,875	9,000
Class B Common Shares Held Escrow [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Anti-dilutive shares		32,000

Revenue Recognition

3 Months Ended

Mar. 31, 2023

Revenue Recognition

Revenue Recognition

4. Revenue Recognition

The table below shows the revenues breakdown for the three months ended on March 31, 2023, and on March 31, 2022.

Schedule of revenue recognition
	Three months ended March 31,
	2023		2022
Mobility Revenues (ASC 842)	$	1,578	$	1,577
Pay per ride		1,203		1,205
Mobility Subscriptions		324		288
Partnerships fees		51		84
Media Revenues (ASC 606)	$	2,086		1,656
Commercialization of Media rights (B2B)		1,307		1,296
Advertising fees		94		50
Live subscriptions		685		310
Other Revenues (ASC 606)	$	255	$	79
Total Revenues	$	3,919	$	3,312

The table below shows the Deferred Income roll-forward from January 1, 2022, to March 31, 2022, and from January 1, 2023, to March 31, 2023.

Schedule of deferred revenue
Deferred Income	January 1, 2022		FX Rate adj			Additions		Q1 2022 Revenue			March 31, 2022

Mobility	$	1,183		(19	)		347		(329	)		1,182
Media		402		(40	)		2,473		(316	)		2,519
Total	$	1,585	$	(59	)	$	2,820	$	(645	)	$	3,701

Deferred Income	January 1, 2023		FX Rate adj		Additions		Q1 2023 Revenue			March 31, 2023

Mobility	$	1,775		2		407		(423	)		1,761
Media		1,272		19		1,832		(2,086	)		1,037
Total	$	3,047	$	21	$	2,239	$	(2,509	)	$	2,798

Deferred income related to Mobility is for out prepaid customer wallet. It will be recorded as Mobility Revenues when riders take a ride, while deferred income related to Media will be recorded through the three months ended June 30, 2023.

Subsequent Events (Details Narrative) - USD ($) $ in Thousands		3 Months Ended
	Apr. 02, 2023	Mar. 31, 2023
Subsequent Event [Line Items]
Gross proceeds		$ 7,402
Subsequent Event [Member]
Subsequent Event [Line Items]
Sale of Stock, Number of Shares Issued in Transaction	4,945,000
Gross proceeds	$ 4,228
Repayments of Convertible Debt	$ 1,706

Standby Equity Purchase Agreements (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 08, 2023
Offsetting Assets [Line Items]
SEPAs transaction costs	$ (1,611)
Other SEPA financial income (expenses), net	(597)
Total SEPA financial income (expenses), net	$ (2,208)
Option One Market Price [Member]
Offsetting Assets [Line Items]
Weighted average price percentage	95.00%		95.00%
Option Two Market Price [Member]
Offsetting Assets [Line Items]
Weighted average price percentage	92.00%		92.00%

Commitments and Contingencies (Details Narrative) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Mar. 08, 2023	Mar. 31, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
Legal fees	$ 269
Other Current Liabilities [Member]
Loss Contingencies [Line Items]
Legal fees		$ 2,481	$ 2,710

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
Revenue Recognition (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Total Revenue	$ 3,919	$ 3,312
Mobility Revenues [Member]
Total Revenue	1,578	1,577
Pay Per Ride [Member]
Total Revenue	1,203	1,205
Mobility Subscriptions [Member]
Total Revenue	324	288
Partnerships Fees [Member]
Total Revenue	51	84
Media Revenues [Member]
Total Revenue	2,086	1,656
Commercialization Of Media Rights [Member]
Total Revenue	1,307	1,296
Advertising Fees [Member]
Total Revenue	94	50
Live Subscription [Member]
Total Revenue	685	310
Other Revenues [Member]
Total Revenue	$ 255	$ 79

Share based compensation expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	$ 11,067	$ 11,339
Research and development	843	744
Sales and marketing	1,239	2,598
General and administrative	6,232	6,681
Total Share based compensation expenses, net	762	1,252
Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenue	2	10
Research and development	31	64
Sales and marketing	26	182
General and administrative	518	995
SEPA financial expenses	186
Total Share based compensation expenses, net	762	1,252
Of which related to shares not issued for services rendered during the period, accrued as Account payables	$ 345	$ 160

- Definition

The aggregate cost of goods produced and sold and services rendered during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2)
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

+ Details

Cover - shares	3 Months Ended
Cover - shares	Mar. 31, 2023	May 22, 2023
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	001-39136
Entity Registrant Name	micromobility.com, Inc
Entity Central Index Key	0001788841
Entity Tax Identification Number	84-3015108
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	32 Old Slip
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10005
City Area Code	91
Local Phone Number	675-7157
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Class A Common Stock, $0.00001 par value
Title of 12(b) Security	Class A Common Stock, $0.00001 par value
Trading Symbol	MCOM
Security Exchange Name	NASDAQ
Redeemable warrants, each warrant exercisable for one share of Class A Common Stock
Title of 12(b) Security	Redeemable warrants, each warrant exercisable for one share of Class A Common Stock
Trading Symbol	MCOMW
Security Exchange Name	NASDAQ
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		10,829,025
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding		284,518

Current and Non-current Financial liabilities, net (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Current And Non-current Financial Liabilities Net
Convertible debts	$ (932)	$ (1,384)
Secured loan	(540)	(457)
Unsecured loans	(224)	(140)
Other interest (income) expenses	(5)
Total Interest expenses, net	$ (1,701)	$ (1,981)

Leases

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Leases

10. Leases

Operating leases

The Company has operating leases for office spaces, warehouse facilities, corporate houses, and certain company vehicles. The leases have remaining lease terms of 1one month to 5 years.

During the three months ended March 31, 2023, the Company entered into a 5-years lease agreement for a store located at 500 Broome Street, New York, NY, the cumulative lease commitment for the 5-year term is $865. At inception, the Company recorded $674 as ROU assets and the operating lease liability, using an Internal Borrowing rate of 14%.

The table below presents the impact on the condensed consolidated statement of operations related to the operating leases for the three months ended March 31, 2023, including expenses related to lease agreements with an initial term of 12 months or less. Amounts presented for the three months ended March 31, 2023, have been recorded under ASC 840.

Schedule of operating lease expense
	March 31,
	2023		2022
Cost of revenues		386		403
General and administrative		295		350
Total Operating lease expenses	$	681	$	753

Finance leases

As of March 31, 2023, the Company has in place various non-cancellable finance lease agreements for 3,750 eScooters and R&D equipment with financial institutions. As of March 31, 2023, the remaining lease terms vary between one month to two years.

The table below presents the impact on the condensed consolidated statement of operations related to the finance leases for the three months ended March 31, 2023, and 2022.

Schedule of finance lease expense
	March 31,
	2023		2022
Cost of revenues		547		129
Research & Development		15		—
Total Operating expenses related to finance leases	$	562	$	129

Interest expenses		5		—
Total Non - Operating expenses related to finance leases	$	5	$	—

Future annual minimum lease payments as of December 31, 2022, are as follows:


	Leases
Year ending December 31,	Operating		Finance
2023	$	1,161	$	1,971
2024		526		60
2025		359		15
Thereafter		403		—
Total minimum lease payments	$	2,450	$	2,046
Less: Amounts representing interest not yet incurred				(11	)
Present value of finance lease obligations				2,035
Less: Current portion				1,977
Long-term portion of finance lease obligations				58

Commitments and Contingencies

3 Months Ended

Mar. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

11. Commitments and Contingencies

Litigation

The Company is from time to time involved in legal proceedings, claims, and regulatory matters, indirect tax examinations or government inquiries and investigations that may arise in the ordinary course of business. Certain of these matters include speculative claims for substantial or indeterminate amounts of damages.

The Company records a liability when the Company believes that it is both probable that a loss has been incurred and the amount can be reasonably estimated. If the Company determines that a loss is reasonably possible and the loss or range of loss can be estimated, the Company discloses the possible loss in the consolidated financial statements. The Company reviews the developments in contingencies that could affect the amount of the provisions that have been previously recorded. The Company adjusts provisions and changes to disclosures accordingly to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and updated information. Significant judgment is required to determine both the probability and the estimated amount of any potential losses and many of the legal proceedings are early in the discovery stage and unresolved.

As of March 31, 2023, and December 31, 2022, the Company concluded that certain losses on litigations were probable and reasonable estimable; as a result, the Company recorded $2,481 and $2,710, respectively, as Accruals for legal contingencies, included in Other Current liabilities.


Accruals for litigation contingencies	January 1, 2023		FX Rate adj		Additions		Payments			March 31, 2023

micromobility.com, Inc	$	2,060		—		—		(164	)		1,896
Wheels Lab, Inc		650		—		—		(65	)		585
Total	$	2,710	$	—	$	—	$	(229	)	$	2,481

Wheels has been named in various lawsuits related to the use of Wheels’s vehicles in US cities and in certain matters involving California Labor Code violations and the classification of individuals as independent contractors rather than employees. The range of loss for the Wheels legal contingencies accrued is between $685 to $3.1 million which represents the range between the amount already settled with the counterparts and the amount claimed deducting insurance coverage.

The Company is also involved in certain claims where the losses are not considered to be reasonably estimable or possible; for these claims the range of potential loss is between 0 to $200.

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Preferred stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Class A [Member]
Common stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized	285,774,102	285,774,102
Common stock, shares issued	5,624,297	3,264,576
Common stock, shares outstanding	5,624,297	3,264,576
Common Class B [Member]
Common stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized	14,225,898	14,225,898
Common stock, shares issued	284,518	284,518
Common stock, shares outstanding	284,518	284,518
Convertible Preferred Stock Series A [Member]
Preferred stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	8,000,000	8,000,000
Preferred stock, shares issued	0	6,751,823
Preferred stock, shares outstanding	0	6,751,823

Property, equipment and vehicle deposits, net

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property, equipment and vehicle deposits, net

6. Property, equipment and vehicle deposits, net

Property and equipment consist of the following:

Schedule of property and equipment
	March 31,			December 31,
	2023			2022
Sharing electric vehicles	$	15,046		$	15,128
Of which under finance lease agreements		3,288			3,260
Furniture, fixtures, and equipment		1,621			1,411
Of which under finance lease agreements		177			177
Computers and software		1,048			1,045
Leasehold improvements		724			714
Total property and equipment, gross		18,439			18,298
Less: accumulated depreciation		(13,524	)		(12,136	)
Total property and equipment, net	$	4,915		$	6,162
Vehicle deposits		3,097			3,075
Total property, equipment and deposits, net	$	8,012		$	9,237

The following table summarizes the loss on disposal and depreciation expenses recorded in the condensed consolidated statement of operations for the three months ended on March 31, 2023, and 2022.


	Three months Ended March 31,
	2023		2022
Cost of revenues	$	1,351	$	981
Research & Development		15		—
General & administrative		108		104
Total depreciation and loss on disposal expenses	$	1,474	$	1,085

The Cost of revenues for the three months ended March 31, 2023, amounted to $1,351 which includes $551 related to depreciation expenses for sharing vehicles leased by the Company under finance lease agreements.

Current and Non-current financial liabilities, net

3 Months Ended

Mar. 31, 2023

Current And Non-current Financial Liabilities Net

Current and Non-current financial liabilities, net

9. Current and Non-current financial liabilities, net

The Company’s Financial liabilities consisted of the following:

Schedule of financial liabilities
	Weighted Average Interest Rate			Maturity Date		March 31, 2023		December 31, 2022
Convertible debts, net		9	%		2023		10,131		14,372
Secured loan, net		13	%		2023		14,306		14,224
Unsecured loans, net		7	%		Various		10,611		10,935
Warrants liabilities		N/A			—		51		84
Other financial liabilities		N/A			Various		738		802
Total Financial Liabilities, net							35,837		40,418
*Of which classified as Current Financial Liabilities, net*							*28,956*		*33,244*
*Of which classified as Non-Current Financial Liabilities, net*							*6,881*		*7,174*

The table below shows the amounts recorded as Interest expense, net on the statements of operations for the three months ended on March 31, 2023, and March 31, 2022:

Schedule of interest expense
	Three months Ended March 31,
	2023			2022
Convertible debts	$	(932	)	$	(1,384	)
Secured loan		(540	)		(457	)
Unsecured loans		(224	)		(140	)
Other interest (income) expenses		(5	)		—
Total Interest expenses, net	$	(1,701	)	$	(1,981	)

In detail, during the three months ended March 31, 2023, the Company recorded as Interest Expenses, net $457 related to amortization of debt discounts, of which $424 related to Convertible debts. During the three months ended March 31, 2022, the Company recorded as Interest Expenses, net $1,074 related to amortization of debt discounts, of which $1,042 related to Convertible debts.

As of March 31, 2023, the Company categorized as convertible debts the following instruments issued to YA II, Ltd. (the “Note Holder”): a) two convertible notes issued in 2022 (“2022 Convertible notes”) under two Securities Purchase Agreements and b) a convertible promissory note issued on March 8, 2023 under a Standby Equity Purchase Agreement (“January 2023 SEPA”) dated January 24, 2023 (“2023 SEPA Convertible note”).

2022 Convertible debts

As a result of the below conversion and repayments, on March 31, 2023, the Company had $6,141 as outstanding principal and accumulated interest, partially offset by debt discounts that amounted to $127.

Repayments

The Company partially repaid in cash the 2022 Convertible Notes for a cumulative payment of $3,701 (of which $3,215 was principal, $132 was accumulated interest, and $354 was redemption premium interest).

Conversion into Class A Common Shares

During the three months ended March 31, 2023, the Company issued 103,688 Class A Common Shares in satisfaction of conversion requests of $1,296 in principal and interest.

2023 SEPA Convertible Note

On March 8, 2023, the Company issued a Convertible Promissory Note (“2023 SEPA Convertible Note”) to the Note Holder pursuant to the SEPA dated January 24, 2023. The 2023 SEPA Convertible Note had a principal amount of $4,500 with 10% issuance discount, a maturity date of September 15, 2023, a 5% annual interest rate and a 15% annual default interest rate. The 2023 SEPA Convertible Note shall be convertible into shares of the Company’s Class A common shares at a Fixed Conversion Price of $25.

The Company has the option to repay the 2023 SEPA Convertible Note through the following or a combination of the two:

repay in cash the 2023 SEPA Convertible Note on or before the Maturity date,

repay the 2023 SEPA Convertible Note by submitting one or a series of Advance Notices under the SEPA entered in January 2023, on or before the Maturity date. If any time during while the 2023 SEPA Convertible Note is outstanding, the Company delivers an Advance Notice under the January 2023 SEPA, at least one half of the proceeds of any such Advance Notice shall be used as an Advance Repayment or for the repayment of other amounts due from the Company to the Holder.

The Company has also the option to redeem the 2023 SEPA Convertible Note (“redemption option”), provided that the trading price of the Company’s Class A Common Shares is less than the fixed Conversion Price of $25.

2022 SEPA Convertible Note

On December 1, 2022, the Company issued a Convertible Promissory Note (“2022 SEPA Convertible Note”) to the Note Holder pursuant to the SEPA dated October 31, 2022. The 2022 SEPA Convertible Note had a principal amount of $5,000 with 10% issuance discount, a maturity date of January 31, 2023, a 0% annual interest rate and a 15% annual default interest rate. The 2022 SEPA Convertible Note shall be convertible into shares of the Company’s Class A common shares at a Fixed Conversion Price of $25.

During the three months ended March 31, 2023, the Company completed the repayment initiated in 2022 by cash payments amounted to $4,210. As a result of the mentioned re-payments on March 31, 2023, the Company has no outstanding principal or accumulated interest under the 2022 SEPA Convertible Note.

Intangible assets, net (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Total Intangible assets, Gross	$ 3,726,000	$ 3,513,000
Other Intangible assets	291,000	87,000
Less: accumulated amortization	(512,000)	(246,000)
Total Intangible assets, net	3,214,000	3,267,000
Government Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Total Intangible assets, Gross	2,400,000	2,400,000
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Total Intangible assets, Gross	900,000	900,000
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Total Intangible assets, Gross
License [Member]
Finite-Lived Intangible Assets [Line Items]
Total Intangible assets, Gross	$ 135,000	$ 126,000

Leases (Details 1) - USD ($) $ in Thousands	3 Months Ended
Leases (Details 1) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Cost of revenues	$ 1,351
Finance Lease [Member]
Cost of revenues	547	$ 129
Research & Development	15
Total Operating expenses related to finance leases	562	129
Interest expenses	5
Total Non - Operating expenses related to finance leases	$ 5

Segment and geographic information (Tables)

3 Months Ended

Mar. 31, 2023

Segment And Geographic Information

Schedule of segment revenue and cost of revenue


	Three months ended March 31,
	2023			2022
Revenue
Mobility		1,578			1,577
Media		2,086			1,656
All Other		255			79
Total Revenue	$	3,919		$	3,312

Cost of revenue
Mobility		(4,608	)		(4,637	)
Media		(5,610	)		(6,276	)
All Other		(849	)		(426	)
Total Cost of revenues	$	(11,067	)	$	(11,339	)

Reconciling Items:
Research and development		(843	)		(744	)
Sales and marketing		(1,239	)		(2,598	)
General and administrative		(6,232	)		(6,681	)
Loss from operations	$	(15,463	)	$	(18,050	)

Schedule of revenue by geography

Schedule of revenue by geography
	Three months ended March 31,
	2023		2022
Revenue
Italy		3,148		2,952
United States		771		360
All other countries		—		—
Total Revenue	$	3,919	$	3,312

Schedule of intangible assets, goodwill and other assets


	March 31,		December 31,
Non-Current Assets	2023		2022
Italy	$	5,006	$	5,575
United States		23,387		23,669
All other countries		587		665
Total Non-Current Assets	$	28,980	$	29,909

Common Stock (Details Narrative) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, par value	$ 0.00001	$ 0.00001
Common Class A [Member]
Class of Stock [Line Items]
Common stock, shares authorized	285,774,102	285,774,102
Common stock, par value	$ 0.00001	$ 0.00001
Common Class B [Member]
Class of Stock [Line Items]
Common stock, shares authorized	14,225,898	14,225,898
Common stock, par value	$ 0.00001	$ 0.00001

Description of Business and Basis of Presentation

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Description of Business and Basis of Presentation

1. Description of Business and Basis of Presentation

Description of Business

micromobility.com, Inc. (formerly known as Helbiz, Inc., and, together with its subsidiaries, “micromobility.com” or the “Company”) was incorporated in the state of Delaware in October 2015 with its headquarter in New York, New York. The Company is an intra-urban transportation company that seeks to help urban areas reduce their dependence on individually owned cars by offering affordable, accessible, and sustainable forms of personal transportation, specifically addressing first and last mile transport.

Founded on proprietary technology platforms, the Company’s core business is the offering of electric vehicles in the sharing environment. Through its Mobility App, the Company offers an intra-urban transportation solution that allows users to instantly rent electric vehicles. Additionally, the Company is operating two other business lines: (i) the acquisition, commercialization and distribution of media content including live sport events, and (ii) food delivery services through a “ghost kitchen” concept.

The Company currently has a strategic footprint with offices in New York, Los Angeles, Milan, and Belgrade, with additional operational teams around the world. The Company currently has electric vehicles operating in the United States and Europe.

Recent events

On March 30, 2023, a reverse stock split of 1:50 was approved by Company’s shareholders and Board of Directors. The Company’s financial statements were adjusted to reflect the reverse stock split.

On March 30, 2023, the Company’s Board of Directors also approved a change in name from “Helbiz, Inc.” to “micromobility.com, Inc.” (the “Company Name Change”).

Basis of Presentation

These accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated.

The Company uses the U.S. dollar as the functional currency. For foreign subsidiaries where the U.S. dollar is the functional currency, gains, and losses from remeasurement of foreign currency balances into U.S. dollars are included in the condensed consolidated statements of operations. For the foreign subsidiary where the local currency is the functional currency, translation adjustments of foreign currency financial statements into U.S. dollars are recorded to a separate component of accumulated other comprehensive loss.

The condensed consolidated balance sheet as of December 31, 2022, included herein was derived from the audited financial statements as of that date. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of, and for the year ended, December 31, 2022, included in our Annual Report on Form 10-K.

The accompanying unaudited condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to state fairly the Company’s financial position, results of operations, comprehensive loss, stockholders’ equity, and cash flows, but are not necessarily indicative of the results of operations to be anticipated for any future annual or interim period.

Prepaid Media rights (Details) - USD ($) $ in Thousands	3 Months Ended
Prepaid Media rights (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Prepaid media rights, beginning	$ 2,366	$ 2,758
Prepaid Media rights additions	2,686	2,835
Prepaid Media rights cogs	(4,070)	(4,510)
Prepaid Media rights FX Rate Adjustment	16	(50)
Prepaid media rights, ending	997	1,033
Media [Member]
Disaggregation of Revenue [Line Items]
Prepaid media rights, beginning	2,366	2,758
Prepaid Media rights additions	2,686	2,835
Prepaid Media rights cogs	(4,070)	(4,510)
Prepaid Media rights FX Rate Adjustment	16	(50)
Prepaid media rights, ending	$ 997	$ 1,033

Accrued expenses and other current liabilities

3 Months Ended

Mar. 31, 2023

Payables and Accruals [Abstract]

Accrued expenses and other current liabilities

8. Accrued expenses and other current liabilities

Accrued expenses and other current liabilities consist of the following:


	March 31,		December 31,
	2023		2022
Legal contingencies – refer to Note 11 Commitments and Contingencies	$	2,481	$	2,710
Payroll liabilities		2,814		2,693
Accrued expenses		2,730		2,369
Sales tax payables		640		1,113
Total accrued expenses and other current liabilities	$	8,665	$	8,885

Payroll liabilities and Accrued expenses presented in the table above are related to the normal course of business, while Sales tax payables and Legal contingencies are mainly related to liabilities arising from prior periods by Wheels. Sales tax payables are related to settlement agreements made by Wheels with multiple US states under which the Company is required to make monthly payments within the next 6 months.

Leases (Details 2) $ in Thousands	Dec. 31, 2022 USD ($)
Amounts representing interest not yet incurred	$ (11)
Present value of finance lease obligations	2,035
Less: Current portion	1,977
Long-term portion of finance lease obligations	58
Operating Lease [Member]
2023	1,161
2024	526
2025	359
Thereafter	403
Total minimum lease payments	2,450
Finance Lease [Member]
2023	1,971
2024	60
2025	15
Thereafter
Total minimum lease payments	$ 2,046

Prepaid Media rights (Tables)

3 Months Ended

Mar. 31, 2023

Prepaid Media Rights

Schedule of prepaid media rights

Schedule of prepaid media rights
Prepaid Media rights	January 1, 2022		Additions		Q1 2022 COGS			FX Rate adj.			March 31, 2022

Media		2,758		2,835		(4,510	)		(50	)		1,033
Total	$	2,758		2,835		(4,510	)		(50	)		1,033

Prepaid Media rights	January 1, 2023		Additions		Q1 2023 COGS			FX Rate adj.		March 31, 2023

Media		2,366		2,686		(4,070	)		16		997
Total	$	2,366	$	2,686	$	(4,070	)	$	16	$	997

Current and Non-current financial liabilities, net (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended
	Mar. 08, 2023	Dec. 02, 2022	Mar. 31, 2023	Mar. 31, 2022
Short-Term Debt [Line Items]
Amortization of debt discounts			$ 457	$ 1,074
Convertible debts			424	$ 1,042
Principal amount			3,215
Cumulative			3,701
Accumulated interests			132
Redemption premium interests			354
Cash payment			4,210
S E P A Convertible Note [Member]
Short-Term Debt [Line Items]
Principal amount	$ 4,500	$ 5,000
Unamortized amount			$ 0
Maturity date	Sep. 15, 2023	Jan. 31, 2023
Debt Instrument, Interest Rate During Period	15.00%	15.00%
Debt Instrument, Convertible, Conversion Price	$ 25	$ 25
Class A Common Shares [Member]
Short-Term Debt [Line Items]
Number of shares issued for conversion			103,688
Number of value issued for conversion			$ 1,296
Debt Instrument, Convertible, Conversion Price	$ 25
Convertible Debt [Member]
Short-Term Debt [Line Items]
Principal amount			6,141
Unamortized amount			$ 127

Revenue Recognition (Details 1) - USD ($) $ in Thousands	3 Months Ended
Revenue Recognition (Details 1) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Beginning Balance	$ 3,047	$ 1,585
Deferred revenue fx rate adjustment	21	(59)
Deferred revenue additions	2,239	2,820
Deferred revenue	(2,509)	(645)
Ending Balance	2,798	3,701
Mobility [Member]
Beginning Balance	1,775	1,183
Deferred revenue fx rate adjustment	2	(19)
Deferred revenue additions	407	347
Deferred revenue	(423)	(329)
Ending Balance	1,761	1,182
Media [Member]
Beginning Balance	1,272	402
Deferred revenue fx rate adjustment	19	(40)
Deferred revenue additions	1,832	2,473
Deferred revenue	(2,086)	(316)
Ending Balance	$ 1,037	$ 2,519

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 3,919	$ 3,312
Operating expenses:
Cost of revenues	11,067	11,339
Research and development	843	744
Sales and marketing	1,239	2,598
General and administrative	6,232	6,681
Total operating expenses	19,381	21,362
Loss from operations	(15,463)	(18,050)
Non-operating income (expenses), net
Interest expense, net	(1,701)	(1,981)
SEPA financial income (expenses), net	(2,208)
Change in fair value of warrant liabilities	33	945
Other financial income (expenses), net	(212)	(307)
Total non-operating expenses, net	(4,088)	(1,343)
Income tax benefit (expense)	(3)	(4)
Net loss	$ (19,554)	$ (19,397)
Net loss attributable to common stockholders	$ (19,554)	$ (19,397)
Net loss per share attributable to common stockholders, basic and diluted	$ (3.53)	$ (32.18)
Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted	5,542,721	602,802
Net loss	$ (19,554)	$ (19,397)
Other comprehensive (loss) income, net of tax:
Changes in foreign currency translation adjustments	(247)	(323)
Net loss and comprehensive income, excluded Deemed Dividends and Deemed Dividends equivalents	$ (19,801)	$ (19,720)

Commitments and Contingencies (Details) $ in Thousands	3 Months Ended
Commitments and Contingencies (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Restructuring Cost and Reserve [Line Items]
Litigation contingencies , beginning	$ 2,710
Litigation contingencies fx rate adjustments
Litigation contingencies additions
Litigation contingencies payment	(229)
Litigation contingencies , ending	2,481
Micromobility Inc [Member]
Restructuring Cost and Reserve [Line Items]
Litigation contingencies , beginning	2,060
Litigation contingencies fx rate adjustments
Litigation contingencies additions
Litigation contingencies payment	(164)
Litigation contingencies , ending	1,896
Wheels Lab Inc [Member]
Restructuring Cost and Reserve [Line Items]
Litigation contingencies , beginning	650
Litigation contingencies fx rate adjustments
Litigation contingencies additions
Litigation contingencies payment	(65)
Litigation contingencies , ending	$ 585

Subsequent Events

3 Months Ended

Mar. 31, 2023

Subsequent Events [Abstract]

Subsequent Events

18. Subsequent Events

2023 SEPA and Convertible debts repayment

From April 1, 2023, to date, the Company delivered Advance Notices under the January 2023 SEPA, for the sale of 4,945,000 Class A Common Shares, resulting in cumulative gross proceeds of $4,228 of which $1,706 was used for repaying the Convertible debts.

Class A Common Shares issued to a Board member

On May 1, 2023, the Company agreed to issue 59,524 Class A Common Shares to Mr. Ponzellini (Company’s board member) in reference to the conversion of an outstanding amount of $90 of earned but unpaid consulting services accrued pursuant to a consulting agreement entered in March 2019 among Ponzellini and the Company.

Leases (Details) - USD ($) $ in Thousands	3 Months Ended
Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Cost of revenues	$ 11,067	$ 11,339
General and administrative	6,232	6,681
Total Operating lease expenses	19,381	21,362
Operating Leases [Member]
Cost of revenues	386	403
General and administrative	295	350
Total Operating lease expenses	$ 681	$ 753

- Definition

The aggregate cost of goods produced and sold and services rendered during the reporting period.

+ References

+ Details

Prepaid Media rights

3 Months Ended

Mar. 31, 2023

Prepaid Media Rights

Prepaid Media rights

5. Prepaid Media rights

The table below shows the Prepaid Media rights roll-forward from January 1, 2022, to March 31, 2022, and from January 1, 2023, to March 31, 2023.

Schedule of prepaid media rights
Prepaid Media rights	January 1, 2022		Additions		Q1 2022 COGS			FX Rate adj.			March 31, 2022

Media		2,758		2,835		(4,510	)		(50	)		1,033
Total	$	2,758		2,835		(4,510	)		(50	)		1,033

Prepaid Media rights	January 1, 2023		Additions		Q1 2023 COGS			FX Rate adj.		March 31, 2023

Media		2,366		2,686		(4,070	)		16		997
Total	$	2,366	$	2,686	$	(4,070	)	$	16	$	997

Segment and geographic information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Total segment revenue	$ 3,919	$ 3,312
Total Cost of revenues	(11,067)	(11,339)
Research and development	(843)	(744)
Sales and marketing	(1,239)	(2,598)
General and administrative	(6,232)	(6,681)
Loss from operations	(15,463)	(18,050)
Mobility [Member]
Total segment revenue	1,578	1,577
Total Cost of revenues	(4,608)	(4,637)
Media [Member]
Total segment revenue	2,086	1,656
Total Cost of revenues	(5,610)	(6,276)
All Other [Member]
Total segment revenue	255	79
Total Cost of revenues	$ (849)	$ (426)

- Definition

The aggregate cost of goods produced and sold and services rendered during the reporting period.

Share based compensation expenses

3 Months Ended

Mar. 31, 2023

Retirement Benefits [Abstract]

Share based compensation expenses

14. Share based compensation expenses

Stock-based compensation expense is allocated based on (i) the cost center to which the award holder belongs, for employees, and (ii) the service rendered to the Company, for third-party consultants. The following table summarizes total stock-based compensation expense by account for the three months ended March 31, 2023, and 2022.


	Three Months Ended March 31,
	2023		2022
Cost of revenue		2		10
Research and development		31		64
Sales and marketing		26		182
General and administrative		518		995
SEPA financial expenses		186		—
Total Share based compensation expenses, net		762		1,252
Of which related to shares not issued for services rendered during the period, accrued as Account payables		345		160

2023 Omnibus Incentive Plan

During the three months ended March 31, 2023, the Company adopted the 2023 Omnibus Incentive Plan (2023 Plan) under which the Company may issue equity incentives to selected employees, officers, and director of the Company. The 2023 Plan permits the grant of Incentive Stock Options, Non-statutory Stock Options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units and Performance Shares.

Under the 2023 Plan, stock options are to be granted at a price that is not less than 100% of the fair value of the underlying common stock at the date of grant. Awards for employee vest 25% on the first anniversary of the date of grant and ratably each month over the ensuing 36-month period. Awards for independent board member vest ratably each quarter over the ensuing 4-quarter period. The maximum term for stock options granted under the 2023 Plan might not exceed ten years from the date of grant.

Upon original approval, the Company reserved 1,200,000 shares of the Company’s Class A common stock for issuance under the 2023 Plan, no equity incentives have been issued as of March 31, 2023, under the 2023 Plan.

Share based compensation expenses (Details Narrative)	Mar. 31, 2023 shares
Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share reserves	1,200,000

Intangible assets, net

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets, net

7. Intangible assets, net

Intangible assets consist of the following:

Schedule of intangible assets
	March 31,			December 31,
	2023			2022
Government Relationships		2,400			2,400
Trade name and trademarks		900			900
Customer Relationships		—			—
Licenses		135			126
Other Intangible assets		291			87
Total Intangible assets, Gross	$	3,726		$	3,513
Less: accumulated amortization		(512	)		(246	)
Total Intangible assets, net	$	3,214		$	3,267

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of accruals for litigation contingencies


Accruals for litigation contingencies	January 1, 2023		FX Rate adj		Additions		Payments			March 31, 2023

micromobility.com, Inc	$	2,060		—		—		(164	)		1,896
Wheels Lab, Inc		650		—		—		(65	)		585
Total	$	2,710	$	—	$	—	$	(229	)	$	2,481

Going Concern and Management’s Plans

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern and Management’s Plans

2. Going Concern and Management’s Plans

The Company has experienced recurring operating losses and negative cash flows from operating activities since its inception. To date, these operating losses have been funded primarily from outside sources of invested capital. The Company had, and may potentially continue to have, an ongoing need to raise additional cash from outside sources to fund its expansion plan and related operations. Successful transition to attaining profitable operations depends upon achieving a level of revenues adequate to support the Company’s cost structure. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued.

The Company plans to continue to fund its operations and expansion plan through debt and equity financing. Debt or equity financing may not be available on a timely basis on terms acceptable to the Company, or at all.

The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business and, as such, the financial statements do not include any adjustments relating to the recoverability and classification of recorded amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence.

Leases (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Schedule of operating lease expense

Schedule of operating lease expense
	March 31,
	2023		2022
Cost of revenues		386		403
General and administrative		295		350
Total Operating lease expenses	$	681	$	753

Schedule of finance lease expense

Schedule of finance lease expense
	March 31,
	2023		2022
Cost of revenues		547		129
Research & Development		15		—
Total Operating expenses related to finance leases	$	562	$	129

Interest expenses		5		—
Total Non - Operating expenses related to finance leases	$	5	$	—

Schedule of future minimum lease payments


	Leases
Year ending December 31,	Operating		Finance
2023	$	1,161	$	1,971
2024		526		60
2025		359		15
Thereafter		403		—
Total minimum lease payments	$	2,450	$	2,046
Less: Amounts representing interest not yet incurred				(11	)
Present value of finance lease obligations				2,035
Less: Current portion				1,977
Long-term portion of finance lease obligations				58

Segment and geographic information (Details 2) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Revenue	$ 28,980	$ 29,909
ITALY
Revenue	5,006	5,575
UNITED STATES
Revenue	23,387	23,669
All Other Countries [Member]
Revenue	$ 587	$ 665

Net Loss Per Share - Dilutive outstanding shares

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Net Loss Per Share - Dilutive outstanding shares

15. Net Loss Per Share - Dilutive outstanding shares

The following potentially dilutive outstanding shares (considering a retroactive application of the Reverse Stock Split) were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an anti-dilutive effect, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period.


	Three months ended March 31,
	2023		2022
2020 Equity Incentive Plan		146,652		147,097
Public Warrants		196,728		196,728
Convertible Notes		671,259		104,286
Convertible Notes Warrants		40,000		20,000
Common Stocks to be issued outside equity incentive Plans		107,139		1,382
2020 CEO Performance Award		12,000		12,000
2021 Omnibus Plan		5,875		9,000
Class B Common Shares - Held in escrow for indemnification purpose		—		32,000
Total number of Common Shares not included in the EPS Basic and diluted		1,179,653		522,493

*	The number of Common Shares presented is based on the principal plus accumulated interest outstanding as of March 31, 2023 divided by the Floor Price $12.5 or the Conversion Price $25.

Summary of Significant Accounting Policies and Use of Estimates

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Summary of Significant Accounting Policies and Use of Estimates

3. Summary of Significant Accounting Policies and Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP generally requires management to make estimates and assumptions that affect the reported amount of certain assets, liabilities, revenues, and expenses, and the related disclosure of contingent assets and liabilities. Specific accounts that require management estimates include determination of fair values of private company stock, warrant and financial instruments, purchase price allocation for business combinations, useful lives of intangible assets, property and equipment and valuation allowance for deferred income taxes.

Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

Accounting Pronouncement Adopted in the Current Year

In June 2016, the FASB issued ASU 2016-13—Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU requires an entity to use a current expected credit loss methodology to measure impairments of certain financial assets and to recognize an allowance for its estimate of lifetime expected credit losses. The main objective of this update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. Effective January 1, 2023, we adopted ASU 2016-13 on a prospective basis. The impact of adoption of this standard on our condensed consolidated financial statements was not material.

Leases (Details Narrative)	3 Months Ended
Leases (Details Narrative)	Mar. 31, 2023 USD ($)
Leases [Abstract]
Remaining lease term	1 month
Operating lease term	5 years
Lease term	5 years
Cumulative lease commitment term	5 years
Lease commitment amount	$ 865,000
ROU assets	$ 674
Borrowing rate	14.00%

Current and Non-current Financial liabilities, net (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
2021 Convertible Debts, net	$ 35,837	$ 40,418
Current financial liabilities net	28,956	33,244
Non current financial liabilities net	$ 6,881	7,174
Convertible Debt [Member]
Debt Instrument [Line Items]
Interest rate	9.00%
2021 Convertible Debts, net	$ 10,131	14,372
Secured Loan Net [Member]
Debt Instrument [Line Items]
Interest rate	13.00%
2021 Convertible Debts, net	$ 14,306	14,224
Unsecured Loans Net [Member]
Debt Instrument [Line Items]
Interest rate	7.00%
2021 Convertible Debts, net	$ 10,611	10,935
Warrants Liabilities [Member]
Debt Instrument [Line Items]
2021 Convertible Debts, net	51	84
Other Financial Liabilities [Member]
Debt Instrument [Line Items]
2021 Convertible Debts, net	$ 738	$ 802

Common Stock

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Common Stock

12. Common Stock

As of March 31, 2023, the Company’s charter authorized the issuance of up to 285,774,102 of Class A common shares of common stock at $0.00001 par value per share, 14,225,898 of Class B common shares of common stock at $0.00001 par value per share, 100,000,000 shares of preferred stock at $0.00001 par value per share.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI https://asc.fasb.org/topic&trid=2208762

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008

+ Details

Net Loss Per Share - Dilutive outstanding shares (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of dilutive outstanding shares


	Three months ended March 31,
	2023		2022
2020 Equity Incentive Plan		146,652		147,097
Public Warrants		196,728		196,728
Convertible Notes		671,259		104,286
Convertible Notes Warrants		40,000		20,000
Common Stocks to be issued outside equity incentive Plans		107,139		1,382
2020 CEO Performance Award		12,000		12,000
2021 Omnibus Plan		5,875		9,000
Class B Common Shares - Held in escrow for indemnification purpose		—		32,000
Total number of Common Shares not included in the EPS Basic and diluted		1,179,653		522,493

*	The number of Common Shares presented is based on the principal plus accumulated interest outstanding as of March 31, 2023 divided by the Floor Price $12.5 or the Conversion Price $25.

Summary of Significant Accounting Policies and Use of Estimates (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Use of Estimates	*Use of Estimates* The preparation of financial statements in conformity with U.S. GAAP generally requires management to make estimates and assumptions that affect the reported amount of certain assets, liabilities, revenues, and expenses, and the related disclosure of contingent assets and liabilities. Specific accounts that require management estimates include determination of fair values of private company stock, warrant and financial instruments, purchase price allocation for business combinations, useful lives of intangible assets, property and equipment and valuation allowance for deferred income taxes. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
Accounting Pronouncement Adopted in the Current Year	Accounting Pronouncement Adopted in the Current Year In June 2016, the FASB issued ASU 2016-13—Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU requires an entity to use a current expected credit loss methodology to measure impairments of certain financial assets and to recognize an allowance for its estimate of lifetime expected credit losses. The main objective of this update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. Effective January 1, 2023, we adopted ASU 2016-13 on a prospective basis. The impact of adoption of this standard on our condensed consolidated financial statements was not material.

Property, equipment and vehicle deposits, net (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Total depreciation and loss on disposal expenses	$ 1,474	$ 1,085
Cost of Sales [Member]
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Total depreciation and loss on disposal expenses	1,351	981
Research and Development Expense [Member]
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Total depreciation and loss on disposal expenses	15
General and Administrative Expense [Member]
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Total depreciation and loss on disposal expenses	$ 108	$ 104