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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of information regarding disaggregated revenue based on revenue by service | The following table provides information regarding disaggregated revenue:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Revenue recognized over time: |  |  |  |  |  |  |
Services - engineering and others (1) | $ | 220,492 |  |  | $ | 180,231 |  |  |  |  |
Grid services | 46,812 |  |  | 39,640 |  |  |  |  |
Grants | 101,449 |  |  | 83,416 |  |  |  |  |
Revenue recognized at point in time: |  |  |  |  |  |  |
Products | 565,551 |  |  | 476,469 |  |  |  |  |
Total revenue | $ | 934,304 |  |  | $ | 779,756 |  |  |  |  |
__________________ (1) Amount includes $177,332 of management fees earned related to Fresno EV infrastructure project management for the three months ended March 31, 2025.
Schedule of aggregate amount of revenue for the Company’s existing contracts with customers | The aggregate amount of revenue for the Company’s existing contracts and grants with customers as of March 31, 2025 expected to be recognized in the future, and classified as deferred revenue on the condensed consolidated balance sheet, for year ended December 31, is as follows (this disclosure does not include revenue related to contracts whose original expected duration is one year or less):
2025 (remaining nine months) | 987,576 |
2026 | 207,095 |
2027 | 185,581 |
2028 | 119,426 |
Thereafter | 98,777 |
Total (1) | $ | 1,598,455 |
__________________ (1) The revenue recognition is subject to the completion of construction and commissioning of the EV infrastructure.
Revenue from External Customers by Geographic Areas | The following table summarizes the Company’s revenues by geography:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Revenues: |  |  |  |  |  |  |
United States | $ | 862,639 |  |  | $ | 755,610 |  |  |  |  |
Denmark | 71,665 |  |  | 24,146 |  |  |  |  |
| $ | 934,304 |  |  | $ | 779,756 |  |  |  |  |

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