XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue    
Pre-owned vehicle sales $ 8,027,680 $ 0
Other sales and revenue 52,525 38,889
Total Revenue 8,080,205 38,889
Expenses:    
Cost of revenue 7,521,301 34,688
Selling, general and administrative 3,880,492 655,208
Depreciation and amortization 205,767 60,085
Total expenses 11,607,560 749,981
Operating loss (3,527,355) (711,092)
Interest expense 86,521 211,803
Net loss before provision for income taxes (3,613,876) (922,895)
Benefit for income taxes
Net loss $ (3,613,876) $ (922,895)
Weighted average number of common shares outstanding – basic and fully diluted 12,928,541 7,263,492
Net loss per share – basic and fully diluted $ (0.28) $ (0.13)