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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Total revenue [1] $ 1,301,727 $ 981,330 $ 3,672,760 $ 1,780,362
Operating expenses        
Cost of product and service revenue [1] 1,034,596 362,658 3,176,908 489,886
Selling, general, and administrative [1] 8,136,522 5,269,791 15,762,072 9,752,531
Research and development [1] 2,170,139 1,689,245 4,305,714 2,952,195
Total operating expenses [1] 11,341,257 7,321,694 23,244,694 13,194,612
Operating loss [1] (10,039,530) (6,340,364) (19,571,934) (11,414,250)
Other income (expense)        
Interest income (expense) [1] 6,945 1,984 8,403 (595,565)
Financing costs [1] 0 (43,818,000) 0 (43,818,000)
Change in fair value of warrants liability [1] 4,585,000 (3,497,230) 9,361,000 (3,075,400)
Change in fair value of derivative liability [1] (32,536) 0 20,936 0
Other, net [1] 22,020 503,676 (7,767) 391,561
Total other (expense) income, net [1] 4,581,429 (46,809,570) 9,382,572 (47,097,404)
Loss before taxes [1] (5,458,101) (53,149,934) (10,189,362) (58,511,654)
Income tax (benefit) expense [1] 0 1,000 0 1,000
Net loss (5,458,101) [1],[2] (53,150,934) [1] (10,189,362) [1] (58,512,654) [3]
Less: Net loss attributable to non-controlling interests [1] (189,945) 0 (290,878) 0
Net loss attributable to Nuvve Holding Corp. [1] (5,268,156) (53,150,934) (9,898,484) (58,512,654)
Less: Preferred dividends on redeemable non-controlling interests [1] 65,296 0 129,311 0
Less: Accretion on redeemable non-controlling interests preferred shares [1] 161,466 0 322,932 0
Net loss attributable to Nuvve common stockholders [1] $ (5,494,918) $ (53,150,934) $ (10,350,727) $ (58,512,654)
Net loss per share attributable to Nuvve common stockholders, basic (in Dollars per share) [1] $ (0.29) $ (2.85) $ (0.55) $ (4.02)
Net loss per share attributable to Nuvve common stockholders, diluted (in Dollars per share) [1] $ (0.29) $ (2.85) $ (0.55) $ (4.02)
Weighted-average shares used in computing net loss per share attributable to Nuvve common stockholders, basic (in Shares) [1] 19,064,854 18,668,009 18,965,167 14,560,862
Weighted-average shares used in computing net loss per share attributable to Nuvve common stockholders, diluted (in Shares) [1] 19,064,854 18,668,009 18,965,167 14,560,862
Products and services        
Revenue        
Total revenue [1] $ 1,068,029 $ 766,516 $ 3,321,813 $ 1,078,419
Grants        
Revenue        
Total revenue [1] $ 233,698 $ 214,814 $ 350,947 $ 701,943
[1] Note 2.
[2] See Note 2.
[3] Note 2.