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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue        
Total revenue $ 2,120,127 $ 1,301,727 $ 3,974,913 $ 3,672,760
Operating expenses        
Cost of product and service revenue 1,951,116 1,034,596 3,412,020 3,176,908
Selling, general, and administrative 6,097,336 8,136,522 12,269,360 15,762,072
Research and development 2,387,215 2,170,139 4,487,303 4,305,714
Total operating expenses 10,435,667 11,341,257 20,168,683 23,244,694
Operating loss (8,315,540) (10,039,530) (16,193,770) (19,571,934)
Other income (expense)        
Interest income, net 20,644 6,945 88,981 8,403
Change in fair value of warrants liability 143,794 4,585,000 (69,964) 9,361,000
Change in fair value of derivative liability 83,059 (32,536) 6,219 20,936
Other, net 83,946 22,020 524,332 (7,767)
Total other income, net 331,443 4,581,429 549,568 9,382,572
Loss before taxes (7,984,097) (5,458,101) (15,644,202) (10,189,362)
Income tax expense 0 0 0 0
Net loss (7,984,097) (5,458,101) (15,644,202) (10,189,362)
Less: Net income (loss) attributable to non-controlling interests 8,466 (189,945) 14,754 (290,878)
Net loss attributable to Nuvve Holding Corp. (7,992,563) (5,268,156) (15,658,956) (9,898,484)
Less: Preferred dividends on redeemable non-controlling interests 70,678 65,296 139,970 129,311
Less: Accretion on redeemable non-controlling interests preferred shares 161,466 161,466 322,932 322,932
Net loss attributable to Nuvve Holding Corp. common stockholders $ (8,224,707) $ (5,494,918) $ (16,121,858) $ (10,350,727)
Net loss per share attributable to Nuvve Holding Corp. common stockholders, basic (in Dollars per share) $ (0.30) $ (0.29) $ (0.62) $ (0.55)
Net loss per share attributable to Nuvve Holding Corp. common stockholders, diluted (in Dollars per share) $ (0.30) $ (0.29) $ (0.62) $ (0.55)
Weighted-average shares used in computing net loss per share attributable to Nuvve Holding Corp. common stockholders, basic (in Shares) 27,734,130 19,064,854 26,129,789 18,965,167
Weighted-average shares used in computing net loss per share attributable to Nuvve Holding Corp. common stockholders, diluted (in Shares) 27,734,130 19,064,854 26,129,789 18,965,167
Products and services        
Revenue        
Total revenue $ 2,049,009 $ 1,068,029 $ 3,829,394 $ 3,321,813
Grants        
Revenue        
Total revenue $ 71,118 $ 233,698 $ 145,519 $ 350,947