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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 939,415 $ 371,497
Restricted cash 320,000 320,000
Accounts receivable, net 1,109,255 2,148,198
Inventories 4,255,117 4,591,902
Prepaid expenses 838,876 494,986
Deferred costs - current 1,034,958 417,290
Other current assets 1,055,065 931,244
Total current assets 9,552,686 9,275,117
Property and equipment, net 666,590 613,958
Intangible assets, net 1,103,048 1,062,766
Goodwill 96,000 0
Investment in equity securities 670,951 670,951
Investment in leases 98,896 101,415
Right-of-use operating lease assets 3,907,809 4,493,360
Deferred costs - noncurrent 594,558 564,558
Security deposit, long-term 64,943 15,687
Total assets 16,755,481 16,797,812
Current liabilities    
Accounts payable 2,944,507 1,882,357
Accrued expenses 5,662,373 3,393,205
Deferred revenue - current 1,152,815 506,496
Convertible notes - current 1,060,489 2,475,162
Operating lease liabilities - current 864,139 914,800
Other liabilities 124,565 6,969
Total current liabilities 12,942,623 11,351,158
Operating lease liabilities - noncurrent 3,698,514 4,254,173
Due to related party - promissory notes - noncurrent 840,500 840,500
Deferred revenue - noncurrent 574,570 771,747
Warrants/investment rights liability 409,454 699,087
Other long-term liabilities 208,297 170,794
Total liabilities 18,673,958 18,087,459
Commitments and Contingencies
Stockholders’ equity    
Preferred Class A units, zero par value, 4,900,000 shares authorized; 4,900,000 units issued and outstanding at September 30, 2025, and zero units issued and outstanding at December 31, 2024, respectively 166,698 0
Class B units, zero par value, 2,500,000 units authorized; 150,000 units issued and outstanding at September 30, 2025, and zero units issued and outstanding at December 31, 2024, respectively 150,000 0
Preferred stock, $0.0001 par value, 1,000,000 shares authorized; zero shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.0001 par value, 200,000,000 shares authorized; 22,482,750 and 904,949 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 8,565 6,408
Treasury stock, at cost, 1,680 shares outstanding at September 30, 2025 and December 31, 2024, respectively 0 (0.17)
Additional paid-in capital 188,584,935 164,285,336
Accumulated other comprehensive income 40,488 46,494
Accumulated deficit (190,358,139) (165,599,076)
Nuvve Holding Corp. stockholders’ deficit (1,407,453) (1,260,838)
Non-controlling interests (511,024) (28,809)
Total stockholders’ deficit (1,918,477) (1,289,647)
Total deficit (1,918,477) (1,289,647)
Total Liabilities and Equity 16,755,481 16,797,812
Nonrelated Party    
Current liabilities    
Current debt 549,778 1,609,928
Related Party    
Current assets    
Accounts receivable, net 0 0
Current liabilities    
Current debt $ 583,957 $ 562,241