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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue        
Pre-owned vehicle sales $ 13,818,116 $ 81,940 $ 21,845,796 $ 81,940
Other sales and revenue 96,418 34,582 148,942 73,471
Total Revenue 13,914,534 116,522 21,994,738 155,411
Cost of revenue 12,649,704 114,643 20,171,005 149,331
Gross profit 1,264,830 1,879 1,823,733 6,080
Selling, general and administrative 5,545,509 1,708,967 9,426,001 2,364,174
Depreciation and amortization 217,827 113,335 423,595 173,420
Operating loss (4,498,506) (1,820,423) (8,025,863) (2,531,514)
Interest expense 237,820 71,804 324,340 283,606
Net loss before provision for income taxes (4,736,326) (1,892,227) (8,350,203) (2,815,120)
Benefit for income taxes 0 0 0 0
Net loss $ (4,736,326) $ (1,892,227) $ (8,350,203) $ (2,815,120)
Weighted average number of common shares outstanding – basic and fully diluted 13,006,893 10,003,981 12,967,933 8,641,307
Net loss per share – basic and fully diluted $ (0.36) $ (0.19) $ (0.64) $ (0.33)