Ayro (AYRO) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Nov. 12, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	001-34643
Entity Registrant Name	AYRO, INC.
Entity Central Index Key	0001086745
Entity Tax Identification Number	98-0204758
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	900 E. Old Settlers Boulevard
Entity Address, Address Line Two	Suite 100
Entity Address, City or Town	Round Rock
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78664
City Area Code	(512)
Local Phone Number	994-4917
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	AYRO
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		36,866,956

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 77,099,134	$ 36,537,097
Accounts receivable, net	740,224	765,850
Inventory, net	2,670,282	1,173,254
Prepaid expenses and other current assets	2,450,225	1,608,762
Total current assets	82,959,865	40,084,963
Property and equipment, net	903,076	611,312
Intangible assets, net	109,110	143,845
Operating lease – right-of-use asset	1,069,883	1,098,819
Deposits and other assets	41,289	22,491
Total assets	85,083,223	41,961,430
Current liabilities:
Accounts payable	1,187,625	767,205
Accrued expenses	4,439,997	665,068
Contract liability		24,000
Current portion long-term debt, net		7,548
Current portion lease obligation – operating lease	231,867	123,139
Total current liabilities	5,589,489	1,586,960
Long-term debt, net		14,060
Lease obligation - operating lease, net of current portion	897,032	1,002,794
Total liabilities	6,756,521	2,603,814
Commitments and contingencies
Stockholders’ equity:
Preferred stock value
Common Stock, ($0.0001 par value; authorized – 100,000,000 shares; issued and outstanding – 36,432,789 and 27,088,584 shares, as of September 30, 2021 and December 31, 2020)	3,643	2,709
Additional paid-in capital	128,777,533	64,509,724
Accumulated deficit	(50,454,474)	(25,154,817)
Total stockholders’ equity	78,326,702	39,357,616
Total liabilities and stockholders’ equity	85,083,223	41,961,430
Convertible Preferred Stock Series H [Member]
Stockholders’ equity:
Preferred stock value
Convertible Preferred Stock Series H-3 [Member]
Stockholders’ equity:
Preferred stock value
Convertible Preferred Stock Series H-6 [Member]
Stockholders’ equity:
Preferred stock value

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Preferred stock, shares authorized	20,000,000	20,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares outstanding	36,432,789	27,088,584
Common stock, shares issued	36,432,789	27,088,584
Convertible Preferred Stock Series H [Member]
Preferred stock, shares authorized	8,500	8,500
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares issued	8	8
Preferred stock, shares outstanding	8	8
Convertible Preferred Stock Series H-3 [Member]
Preferred stock, shares authorized	8,461	8,461
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares issued	1,234	1,234
Preferred stock, shares outstanding	1,234	1,234
Convertible Preferred Stock Series H-6 [Member]
Preferred stock, shares authorized	50,000	50,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares issued	50	50
Preferred stock, shares outstanding	50	50

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Revenue	$ 559,370	$ 388,654	$ 1,870,306	$ 821,398
Cost of goods sold	955,466	326,671	2,030,447	645,463
Gross profit (loss)	(396,096)	61,983	(160,141)	175,935
Operating expenses:
Research and development	4,165,732	664,145	9,135,410	999,449
Sales and marketing	646,713	304,880	1,873,955	863,400
General and administrative	6,805,788	1,482,018	14,168,782	3,445,749
Total operating expenses	11,618,233	2,451,043	25,178,147	5,308,598
Loss from operations	(12,014,329)	(2,389,060)	(25,338,288)	(5,132,663)
Other income (expense):
Other income, net	12,254	17,503	40,943	17,523
Interest expense		(95,469)	(2,312)	(324,670)
Loss on extinguishment of debt		(213,700)		(566,925)
Other income (expense), net	12,254	(291,666)	38,631	(874,072)
Net loss	(12,002,075)	(2,680,726)	(25,299,657)	(6,006,735)
Deemed dividend on modification of Series H-5 warrants		(432,727)		(432,727)
Net loss Attributable to Common Stockholders	$ (12,002,075)	$ (3,113,453)	$ (25,299,657)	$ (6,439,462)
Net loss per share, basic and diluted	$ (0.33)	$ (0.13)	$ (0.73)	$ (0.54)
Basic and diluted weighted average Common Stock outstanding	36,312,478	23,599,967	34,615,858	11,896,906

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes In Stockholders' Equity (Unaudited) - USD ($)	Series H Preferred Stock [Member]Preferred Stock [Member]	Series H-3 Preferred Stock [Member]Preferred Stock [Member]	Series H-6 Preferred Stock [Member]Preferred Stock [Member]	Series Seed Preferred Stock [Member]Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2019				$ 9,025,245	$ 395	$ 5,001,947	$ (13,958,644)	$ 68,943
Balance, shares at Dec. 31, 2019				7,360,985	3,948,078
Stock Based Compensation						156,459		156,459
Net Loss							(1,795,153)	(1,795,153)
Ending balance, value at Mar. 31, 2020				$ 9,025,245	$ 395	5,158,406	(15,753,797)	(1,569,751)
Balance, shares at Mar. 31, 2020				7,360,985	3,948,078
Beginning balance, value at Dec. 31, 2019				$ 9,025,245	$ 395	5,001,947	(13,958,644)	68,943
Balance, shares at Dec. 31, 2019				7,360,985	3,948,078
Net Loss								(6,006,735)
Ending balance, value at Sep. 30, 2020					$ 2,430	51,156,135	(20,398,106)	30,760,459
Balance, shares at Sep. 30, 2020	8	2,189	50		24,298,333
Beginning balance, value at Dec. 31, 2019				$ 9,025,245	$ 395	5,001,947	(13,958,644)	68,943
Balance, shares at Dec. 31, 2019				7,360,985	3,948,078
Conversion of ayro preferred stock to common stock, shares		955
Ending balance, value at Dec. 31, 2020					$ 2,709	64,509,724	(25,154,817)	39,357,616
Balance, shares at Dec. 31, 2020	8	1,234	50		27,088,584
Beginning balance, value at Mar. 31, 2020				$ 9,025,245	$ 395	5,158,406	(15,753,797)	(1,569,751)
Balance, shares at Mar. 31, 2020				7,360,985	3,948,078
Conversion of AYRO Preferred Stock to common stock				$ (9,025,245)	$ 201	9,025,044
Conversion of ayro preferred stock to common stock, shares				(7,360,985)	2,007,193
Issuance of Series H Preferred Stock in connection with the 2020 Merger
Issuance of series h preferred stock in connection with the 2020 merger, shares	8
Issuance of Series H-3 Preferred Stock in connection with the 2020 Merger
Issuance of series h-3 preferred stock in connection with the 2020 merger, shares		2,189
Issuance of Series H-6 Preferred Stock in connection with the 2020 Merger
Issuance of series h-6 preferred stock in connection with the 2020 merger, shares			7,883
Issuance of Common Stock in connection with the 2020 Merger, net of fees					$ 493	4,451,237		4,451,730
Issuance of common stock in connection with the 2020 merger, net of fees, shares					4,939,045
Exchange of debt for common stock in connection with the 2020 Merger					$ 103	999,897		1,000,000
Exchange of debt for common stock in connection with the 2020 merger, shares					1,030,585
Issuance of common stock in connection with debt offering					$ 56	461,957		462,013
Issuance of common stock in connection with debt offering, shares					553,330
Exercise of warrants, net of fees					$ 183	515,155		515,338
Exercise of warrants, net of fees, shares					1,831,733
Stock Based Compensation						150,949		150,949
Sale of common stock, net of fees					$ 220	5,064,780		5,065,000
Sale of common stock, net of fees, shares					2,200,000
Net Loss							(1,530,856)	(1,530,856)
Ending balance, value at Jun. 30, 2020					$ 1,651	25,827,425	(17,284,653)	8,544,423
Balance, shares at Jun. 30, 2020	8	2,189	7,883		16,509,964
Exercise of warrants, net of fees					$ 254	2,467,936		2,468,190
Exercise of warrants, net of fees, shares					2,539,769
Conversion of Series H-6 Preferred Stock					$ 23	(23)
Conversion of series h-6 preferred stock, shares			(7,833)		225,590
Stock Based Compensation						119,853		119,853
Sale of common stock, net of fees					$ 500	22,260,302		22,260,802
Sale of common stock, net of fees, shares					5,007,895
Vested Restricted Stock					$ 2	47,915		47,917
Vested restricted stock, shares					15,115
Deemed Dividend on modification of H-5 warrants						432,727	(432,727)
Net Loss							(2,680,726)	(2,680,726)
Ending balance, value at Sep. 30, 2020					$ 2,430	51,156,135	(20,398,106)	30,760,459
Balance, shares at Sep. 30, 2020	8	2,189	50		24,298,333
Beginning balance, value at Dec. 31, 2020					$ 2,709	64,509,724	(25,154,817)	39,357,616
Balance, shares at Dec. 31, 2020	8	1,234	50		27,088,584
Stock Based Compensation						1,699,423		1,699,423
Sale of common stock, net of fees					$ 804	58,269,025		58,269,829
Sale of common stock, net of fees, shares					8,035,835
Exercise of Warrants					$ 1	99,999		100,000
Exercise of warrants, shares					13,642
Exercise of Options					$ 7	183,418		183,425
Exercise of options, shares					74,987
Net Loss							(5,633,833)	(5,633,833)
Ending balance, value at Mar. 31, 2021					$ 3,521	124,761,589	(30,788,650)	93,976,460
Balance, shares at Mar. 31, 2021	8	1,234	50		35,213,048
Beginning balance, value at Dec. 31, 2020					$ 2,709	64,509,724	(25,154,817)	$ 39,357,616
Balance, shares at Dec. 31, 2020	8	1,234	50		27,088,584
Exercise of options, shares								555,004
Net Loss								$ (25,299,657)
Ending balance, value at Sep. 30, 2021					$ 3,643	128,777,533	(50,454,474)	78,326,702
Balance, shares at Sep. 30, 2021	8	1,234	50		36,432,789
Beginning balance, value at Mar. 31, 2021					$ 3,521	124,761,589	(30,788,650)	93,976,460
Balance, shares at Mar. 31, 2021	8	1,234	50		35,213,048
Issuance of common stock for services					$ 2	42,298		42,300
Issuance of common stock for services, shares					15,000
Stock Based Compensation						1,638,071		1,638,071
Exercise of Options					$ 39	1,041,452		1,041,491
Exercise of options, shares					394,589
Vested Restricted Stock					$ 68	(68)		0
Vested restricted stock, shares					681,725
Net Loss							(7,663,749)	(7,663,749)
Ending balance, value at Jun. 30, 2021					$ 3,630	127,483,342	(38,452,399)	89,034,573
Balance, shares at Jun. 30, 2021	8	1,234	50		36,304,362
Stock Based Compensation						1,012,121		1,012,121
Exercise of Options					$ 9	282,074		282,083
Exercise of options, shares					85,428
Vested Restricted Stock					$ 4	(4)		0
Vested restricted stock, shares					42,999
Net Loss							(12,002,075)	(12,002,075)
Ending balance, value at Sep. 30, 2021					$ 3,643	$ 128,777,533	$ (50,454,474)	$ 78,326,702
Balance, shares at Sep. 30, 2021	8	1,234	50		36,432,789

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended					9 Months Ended		12 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (12,002,075)	$ (5,633,833)		$ (2,680,726)	$ (1,795,153)	$ (25,299,657)	$ (6,006,735)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization						384,157	343,932
Stock-based compensation						6,997,986	475,175
Amortization of debt discount							236,398
Loss on extinguishment of debt				213,700			566,925
Amortization of right-of-use asset						149,376	80,447
Provision for bad debt expense						92,176	10,131
Change in operating assets and liabilities:
Accounts receivable						(66,550)	(353,015)
Inventory						(1,568,687)	(406,239)
Prepaid expenses and other current assets						(841,465)	(1,697,474)
Deposits						(18,797)	26,265
Accounts payable						420,420	285,184
Accrued expenses						1,168,858	(168,840)
Contract liability						(24,000)	122,514
Lease obligations - operating leases						(117,474)	(57,163)
Net cash used in operating activities						(18,723,657)	(6,542,495)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment						(512,298)	(581,137)
Purchase of intangible assets						(57,227)	(11,730)
Proceeds from merger with ABC Merger Sub, Inc.							3,060,740
Net cash used in and provided by investing activities						(569,525)	2,467,873
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance debt							1,318,000
Repayments of debt						(21,609)	(1,742,884)
Proceeds from exercise of warrants						100,000	2,983,527
Proceeds from exercise of stock options						1,506,999
Proceeds from issuance of common stock, net of fees and expenses						58,269,829	28,790,995
Net cash provided by financing activities						59,855,219	31,349,638
Net change in cash						40,562,037	27,275,016
Cash, beginning of period		$ 36,537,097	$ 27,916,838		$ 641,822	36,537,097	641,822	$ 641,822
Cash, end of period	$ 77,099,134		$ 36,537,097	$ 27,916,838		77,099,134	27,916,838	$ 36,537,097
Supplemental disclosure of cash and non-cash transactions:
Cash paid for interest						1,971	78,794
Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets						120,440	1,210,680
Conversion of debt to Common Stock							1,000,000
Conversion of Preferred Stock to common stock							9,025,245
Discount on debt from issuance of Common Stock and warrants							462,013
Accrued offering costs							74,200
Deemed dividend on modification of Series H-5 warrants							432,727
Restricted Stock for service, vested not issued						$ 2,648,371

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND NATURE OF OPERATIONS	NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS AYRO, Inc. (“AYRO” or the “Company”), a Delaware corporation formerly known as DropCar, Inc. (“DropCar”), a corporation headquartered outside Austin, Texas, is the merger successor discussed below of AYRO Operating Company, Inc., which was formed under the laws of the State of Texas on May 17, 2016 as Austin PRT Vehicle, Inc. and subsequently changed its name to Austin EV, Inc. under an Amended and Restated Certificate of Formation filed with the State of Texas on March 9, 2017. On July 24, 2019, the Company changed its name to AYRO, Inc. and converted its corporate domicile to Delaware. The Company was founded on the basis of promoting resource sustainability. The Company, and its wholly-owned subsidiaries, are principally engaged in manufacturing and sales of environmentally-conscious, minimal-footprint electric vehicles. The all-electric vehicles are typically sold both directly and to dealers in the United States. Merger On May 28, 2020, pursuant to the previously announced Agreement and Plan of Merger, dated December 19, 2019 (the “Merger Agreement”), by and among AYRO, Inc., a Delaware corporation previously known as DropCar, Inc., ABC Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Company (“Merger Sub”), and AYRO Operating Company (“AYRO Operating”), a Delaware corporation previously known as AYRO, Inc., Merger Sub was merged with and into AYRO Operating, with AYRO Operating continuing after the merger as the surviving entity and a wholly owned subsidiary of the Company (the “Merger”). At the effective time of the Merger, without any action on the part of any stockholder, each issued and outstanding share of AYRO Operating’s common stock, par value $ 0.001 1.3634 1-for-10 reverse stock split 1-for-5 reverse stock split 3.06 2,337,663 79 18 3 The Merger was treated as a reverse recapitalization effected by a share exchange for financial accounting and reporting purposes because substantially all of DropCar, Inc.’s operations were disposed of as part of the consummation of the Merger and therefore no goodwill or other intangible assets were recorded by the Company as a result of the Merger. AYRO Operating was treated as the accounting acquirer as its stockholders controlled the Company after the Merger, even though DropCar, Inc. was the legal acquirer. As a result, the assets and liabilities and the historical operations that are reflected in our consolidated financial statements are those of AYRO Operating as if AYRO Operating had always been the reporting company. On December 19, 2019, DropCar entered into an asset purchase agreement (the “Asset Purchase Agreement”) with DC Partners Acquisition, LLC (“DC Partners”), Spencer Richardson and David Newman, pursuant to which DropCar agreed to sell substantially all of the assets associated with its business of providing vehicle support, fleet logistics and concierge services for both consumers and the automotive industry to an entity controlled by Messrs. Richardson and Newman, the Company’s Chief Executive Officer and Chief Business Development Officer at the time, respectively. The aggregate purchase price for the purchased assets consisted of the cancellation of certain liabilities pursuant to those certain employment agreements by and between DropCar and each of Messrs. Richardson and Newman, plus the assumption of certain liabilities relating to, or arising out of, workers’ compensation claims that occurred prior to the closing date of the Asset Purchase Agreement. On May 28, 2020, the parties to the Asset Purchase Agreement entered into Amendment No. 1 to the Asset Purchase Agreement (the “Asset Purchase Agreement Amendment”), which Asset Purchase Agreement Amendment (i) provides for the inclusion of up to $30,000 in refunds associated with certain insurance premiums as assets being purchased by DC Partners, (ii) amends the covenant associated with the funding of the DropCar business, such that DropCar provided the DropCar business with additional funding of $175,000 at the closing of the transactions contemplated by the Asset Purchase Agreement and (iii) provides for a current employee of the Company being transferred to DC Partners to provide transition services to the Company for a period of three months after the closing of the transactions contemplated by the Asset Purchase Agreement. Strategic Review Following the hiring of its new Chief Executive Officer in the third quarter of 2021, the Company initiated a strategic review of its product development strategy, as it focuses on creating value within the electric vehicle, last-mile delivery, and smart payload markets. While completing the strategic review, the Company has paused all material research and development activity and expenditures, including expenses associated with its planned next generation three-wheeled vehicle. This process may result in the Company deciding to modify or discontinue current or planned products, in reallocating time and resources among existing products, in exploring new products or in making other operational changes, including to the Company’s reliance on internal and external resources. It could also result in delays in the expected timing for the launch of new products, if the Company determines to continue their development. Any decisions on advancing, reprioritizing or eliminating any of the Company’s products will be based on an evaluation of a number of factors, including the Company’s assessment of internal and external resources, the potential market for such products, the costs and complexities of manufacturing, the potential of competing products, the likelihood of any challenges to its intellectual property, regardless of merit, the ongoing and potential effects of the COVID-19 or any future pandemics, and industry and market conditions generally, and will be subject to the approval of the strategic and budget committee of the board of directors.

LIQUIDITY AND OTHER UNCERTAINTI

LIQUIDITY AND OTHER UNCERTAINTIES	9 Months Ended
	Sep. 30, 2021
Liquidity And Other Uncertainties
LIQUIDITY AND OTHER UNCERTAINTIES	NOTE 2. LIQUIDITY AND OTHER UNCERTAINTIES Liquidity and Other Uncertainties The unaudited condensed consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”), which contemplates continuation of the Company as a going concern. The Company is subject to a number of risks similar to those of earlier stage commercial companies, including dependence on key individuals and products, the difficulties inherent in the development of a commercial market, the potential need to obtain additional capital, competition from larger companies, other technology companies and other technologies. The Company has a limited operating history and the sales and income potential of its business and market are unproven. The Company incurred net losses of $ 12,002,075 and $ 25,299,657 for the three and nine months ended September 30, 2021, respectively, and negative cash flows from operations of $ 18,723,657 for the nine months ended September 30, 2021. At September 30, 2021, the Company had cash balances totaling $ 77,099,134 . In addition, overall working capital increased by $ 38,602,374 during the nine months ended September 30, 2021. Management believes that the existing cash at September 30, 2021 will be sufficient to fund operations for at least the next twelve months following the issuance of these unaudited condensed consolidated financial statements. Since early 2020, when the World Health Organization declared the spread of the transmissible and pathogenic coronavirus a global pandemic, there have been business slowdowns and decreased demand for AYRO products. The outbreak of such a communicable disease has resulted in a widespread health crisis which has adversely affected general commercial activity and the economies and financial markets of many countries, including the United States. As the outbreak of the disease has continued through 2020 and into 2021, the measures taken by the governments of countries affected has adversely affected the Company’s business, financial condition, and results of operations. The pandemic had an adverse impact on AYRO’s sales and the demand for AYRO products in 2020 and in the first three quarters of 2021, resulting in sales that were less than expected through the first three quarters of 2021. AYRO expects the pandemic to continue to have an adverse impact on sales and demand for products throughout the remainder of 2021. The Company relies on foreign suppliers, including Cenntro, its largest supplier, for a number of raw materials, instruments and technologies that the Company purchases. The Company’s success is dependent on the ability to import or transport such products from Cenntro and other overseas vendors in a timely and cost-effective manner. The Company relies heavily on third parties, including ocean carriers and truckers, in that process. The global shipping industry is experiencing ocean shipping disruptions, trucking shortages, increased ocean shipping rates and increased trucking and fuel costs, and the Company cannot predict when these disruptions will end. There is currently a shortage of shipping capacity from China and other parts of Asia, and as a result, receipt of imported products may be disrupted or delayed. The shipping industry is also experiencing issues with port congestion and pandemic-related port closures and ship diversions. Labor disputes among freight carriers and at ports of entry are common, and The Company expects labor unrest and its effects on shipping products to be a challenge for it. A port worker strike, work slow-down or other transportation disruption in the port of Long Beach, California could significantly disrupt the Company’s business. The Company is currently experiencing such disruption at the port due to multiple factors brought about by the COVID-19 pandemic, such as supply and demand imbalance, a shortage of warehouse workers, truck drivers, transport equipment (tractors and trailers) and other causes, which have resulted in heightened congestion, bottleneck and gridlock, leading to abnormally high transportation delays. This has materially and adversely affected the Company’s business and could continue to materially and adversely affect the business and financial results for the fourth quarter of 2021. If significant disruptions along these lines continue, this could lead to further significant disruptions in the Company’s business, delays in shipments, and revenue and profitability shortfalls, which could adversely affect the business, prospects, financial condition and operating results. The global shipping industry is also experiencing unprecedented increases in shipping rates from the trans-Pacific ocean carriers due to various factors, including limited availability of shipping capacity. For example, the cost of shipping products by ocean freight has recently increased to at least three times historical levels and will have a corresponding impact on profitability. The Company may find it necessary to rely on an increasingly expensive spot market and other alternative sources to make up any shortfall in shipping needs. Additionally, if increases in fuel prices occur, transportation costs would likely further increase. Similarly, supply chain disruptions such as those described in the preceding paragraphs may lead to an increase in transportation costs. Such cost increases have adversely affected the Company’s business and could have additional adverse effects on the business, prospects, financial condition and operating results. The Company may experience increases in the cost or a sustained interruption in the supply or shortage of raw materials, including lithium-ion battery cells, semiconductors, and integrated circuits. Any such increase or supply interruption could materially negatively impact the business, prospects, financial condition and operating results. Currently, the Company is experiencing supply chain shortages, including with respect to lithium-ion battery cells, integrated circuits, vehicle control chips, and displays. Certain production-ready components may be delayed in shipment to company facilities which has and may continue to cause delays in validation and testing for these components, which would in turn create a delay in the availability of saleable vehicles. The Company uses various raw materials, including aluminum, steel, carbon fiber, non-ferrous metals (such as copper), and cobalt. The prices for these raw materials fluctuate depending on market conditions, and global demand and could adversely affect business and operating results. For instance, the Company is exposed to multiple risks relating to price fluctuations for lithium-ion cells. These risks include: ● the inability or unwillingness of current battery manufacturers to build or operate battery cell manufacturing plants to supply the numbers of lithium-ion cells required to support the growth of the electric vehicle industry as demand for such cells increases; ● disruption in the supply of cells due to quality issues or recalls by the battery cell manufacturers; and ● an increase in the cost of raw materials, such as cobalt, used in lithium-ion cells. Any disruption in the supply of lithium-ion battery cells, semiconductors, or integrated circuits could temporarily disrupt production of the Company’s vehicles until a different supplier is fully qualified. Moreover, battery cell manufacturers may refuse to supply electric vehicle manufacturers if they determine that the vehicles are not sufficiently safe. Furthermore, fluctuations or shortages in petroleum and other economic conditions may cause the Company to experience significant increases in freight charges and raw material costs. Substantial increases in the prices for our raw materials would increase operating costs and could reduce our margins if the increased costs cannot be recouped through increased electric vehicle prices. There can be no assurance that the Company will be able to recoup increasing costs of raw materials by increasing vehicle prices.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with GAAP and in conformity with the instructions on Form 10-Q and Rule 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, AYRO Operating and DropCar Operating Company, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring accruals, which are, in the opinion of management, necessary for a fair presentation of such statements. The results of operations for the three and nine months ended September 30, 2021, are not necessarily indicative of the results that may be expected for the entire year. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the accompanying notes for the fiscal year ended December 31, 2020, which are included in the Company’s Annual Report on Form 10-K, filed with the SEC on March 31, 2021, as amended on April 30, 2021. Use of Estimates The preparation of the accompanying unaudited condensed consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the accompanying unaudited condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. The Company’s most significant estimates include allowance for doubtful accounts, valuation of inventory reserve, valuation of deferred tax asset allowance, and the measurement of stock-based compensation expenses. Actual results could differ from these estimates. Reclassification Certain reclassifications have been made to the prior period financial statements to conform to the current period financial statement presentation. These reclassifications had no effect on net earnings or cash flows as previously reported. Revenue Recognition The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers To achieve this core principle, five basic criteria must be met before revenue can be recognized: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to performance obligations in the contract; and (5) recognize revenue when or as the Company satisfies a performance obligation. Nature of goods and services The following is a description of the Company’s products and services from which the Company generates revenue, as well as the nature, timing of satisfaction of performance obligations, and significant payment terms for each: Product revenue Product revenue from customer contracts is recognized on the sale of each electric vehicle as vehicles are shipped to customers. The majority of the Company’s vehicle sales orders generally have only one performance obligation: sale and delivery of complete vehicles. Ownership and risk of loss transfers to the customer based on FOB shipping point and freight charges are the responsibility of the customer. Revenue is typically recognized at the point control transfers or in accordance with payment terms customary to the business. The Company provides product warranties to assure that the product assembly complies with agreed upon specifications. The Company’s product warranty is identical to the product warranties provided by the Company’s suppliers, therefore minimizing the warranty liability to the standard labor rates associated with the defective part replacement. Customers do not have the option to purchase a warranty separately; as such, warranty is not accounted for as a separate performance obligation. The Company’s policy is to exclude taxes collected from a customer from the transaction price of automotive contracts. Shipping revenue Amounts billed to customers related to shipping and handling are classified as shipping revenue. The Company has elected to recognize the cost for freight and shipping when control over vehicles has transferred to the customer as an operating expense. The Company has reported shipping expenses of $ 98,464 29,944 208,139 60,734 Subscription revenue Subscription revenue from revenue sharing with Destination Fleet Operators (“DFO”) and other vehicle rental agreements is recorded in the month the vehicles in the Company’s fleet is rented. The Company established its rental fleet in late March 2019 which is recorded in the property and equipment section of the accompanying unaudited condensed consolidated balance sheets. For the rental fleet, the Company retains title and ownership to the vehicles and places them in DFO’s in resort communities that typically rent golf cars for use in those communities. In August 2020, the Company phased-out the production of its 311 line which were the vehicles used in the rental offering as it is working to develop a new line of vehicles. The change in production did not represent a strategic shift that will have a major effect on the Company’s operations or financial results. Services and other revenue Services and other revenue consist of non-warranty after-sales vehicle services. Revenue is typically recognized at a point in time when services and replacement parts are provided. Warrants and Preferred Shares The accounting treatment of warrants and preferred share series issued is determined pursuant to the guidance provided by ASC 470, Debt Distinguishing Liabilities from Equity Derivatives and Hedging Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718, Compensation-Stock Compensation (“ASC 718”). The Company recognizes all employee share-based compensation as an expense in the financial statements on a straight-line basis over the requisite service period, based on the terms of the awards. Equity-classified awards principally related to stock options, restricted stock awards (“RSAs”) and equity-based compensation, are measured at the grant date fair value of the award. The Company determines grant date fair value of stock option awards using the Black-Scholes option-pricing model. The fair value of RSAs is determined using the closing price of the Company’s common stock on the grant date. For service based vesting grants, expense is recognized ratably over the requisite service period based on the number of options or shares. For value-based vesting grants, expense is recognized via straight line expense over the expected period per grant as determined by outside valuation experts. Stock-based compensation is reversed for forfeitures in the period of forfeiture. We estimate the fair value of stock-based and cash unit awards containing a market condition using a Monte Carlo simulation model. Key inputs and assumptions used in the Monte Carlo simulation model include the stock price of the award on the grant date, the expected term, the risk-free interest rate over the expected term, the expected annual dividend yield and the expected stock price volatility. The expected volatility is based on a combination of the historical and implied volatility of the Company’s publicly traded, near-the-money stock options, and the valuation period is based on the vesting period of the awards. The risk-free interest rate is derived from the U.S. Treasury yield curve in effect at the time of grant and, since the Company does not currently pay or plan to pay a dividend on its common stock, the expected dividend yield was zero. In June 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting (“ASU 2018-07”). ASU 2018-07 expands the guidance in ASC 718 to include share-based payments for goods and services to non-employees and generally aligns it with the guidance for share-based payments to employees. In accordance with ASU 2018-07, these stock options and warrants issued as compensation for services provided to the Company are accounted for based upon the fair value of the underlying equity instrument. The attribution of the fair value of the equity instrument is charged directly to compensation expense over the period during which services are rendered. Basic and Diluted Loss Per Share Basic and diluted net loss per share is determined by dividing net loss by the weighted average ordinary shares outstanding during the period. For all periods presented with a net loss, the shares underlying the ordinary share options and warrants have been excluded from the calculation because their effect would be anti-dilutive. Therefore, the weighted-average shares outstanding used to calculate both basic and diluted loss per share are the same for periods with a net loss. “Penny warrants” were included in the calculation of outstanding shares for purposes of basic earnings per share. On May 28, 2020, pursuant to the previously announced Merger Agreement, dated December 19, 2019, the Company issued prefunded common stock warrants to purchase 1,193,391 The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Three Months Ended Nine Months Ended 2021 2020 2021 2020 Options to purchase common stock 1,362,765 1,781,488 1,362,765 1,781,488 Restricted Stock Unvested 493,000 421,253 493,000 421,253 Restricted stock vested – unissued 434,166 - 434,166 - Warrants outstanding 6,108,823 1,988,175 6,108,823 1,988,175 Preferred Stock outstanding 2,475 3,272 2,475 3,272 Totals 8,401,229 4,194,188 8,401,229 4,194,188

REVENUES

REVENUES	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
REVENUES	NOTE 4. REVENUES Disaggregation of Revenue Revenue by type was as follows: SCHEDULE OF DISAGGREGATION OF REVENUE 2021 2020 2021 2020 Three Months Ended Nine Months Ended 2021 2020 2021 2020 Revenue type Product revenue $ 494,011 $ 348,480 $ 1,710,579 $ 741,570 Shipping revenue 65,359 38,381 123,040 76,249 Subscription revenue - - - 1,786 Service income - 1,793 36,687 1,793 Revenue $ 559,370 $ 388,654 $ 1,870,306 $ 821,398 Contract Liabilities The Company recognizes a contract liability when a consideration is received, or if the Company has the unconditional right to receive consideration, in advance of satisfying the performance obligation. A contract liability is the Company’s obligation to transfer goods or services to a customer for which the Company has received consideration, or an amount of consideration is due from the customer. The table below details the activity in the Company’s contract liabilities as of September 30, 2021 and December 31, 2020. The balance at the end of each period is reported as contract liability in the Company’s unaudited condensed consolidated balance sheet. SCHEDULE OF CONTRACT LIABILITIES Nine Months Ended September 30, Year Ended December 31, 2021 2020 Balance, beginning of period $ 24,000 $ - Additions - 183,319 Transfer to revenue (24,000 ) (159,319 ) Balance, end of period $ - $ 24,000 Warranty Reserve The Company records a reserve for warranty repairs upon the initial delivery of vehicles to its dealer network. The Company provides a product warranty on each vehicle including powertrain, battery pack and electronics package. Such warranty matches the product warranty provided by its supply chain for warranty parts for all unaltered vehicles and is not considered a separate performance obligation. The supply chain warranty does not cover warranty-based labor needed to replace a part under warranty. Warranty reserves include management’s best estimate of the projected cost of labor to repair/replace all items under warranty. The Company reserves a percentage of all dealer-based sales to cover an industry-standard warranty fund to support dealer labor warranty repairs. Such percentage is recorded as a component of cost of revenues in the statement of operations. As of September 30, 2021 and December 31, 2020, warranty reserves were recorded within accrued expenses of $ 69,903 43,278

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
ACCOUNTS RECEIVABLE, NET	NOTE 5. ACCOUNTS RECEIVABLE, NET Accounts receivable, net, consists of amounts due from invoiced customers and product deliveries and were as follows: SCHEDULE OF ACCOUNTS RECEIVABLE September 30, December 31, 2021 2020 Trade receivables $ 906,229 $ 839,679 Less: Allowance for doubtful accounts (166,005 ) (73,829 ) Accounts receivable, net $ 740,224 $ 765,850

INVENTORY, NET

INVENTORY, NET	9 Months Ended
	Sep. 30, 2021
Inventory Disclosure [Abstract]
INVENTORY, NET	NOTE 6. INVENTORY, NET Inventory consisted of the following: SCHEDULE OF INVENTORY September 30, December 31, 2021 2020 Raw materials $ 2,507,785 $ 634,085 Work-in-progress - - Finished goods 162,497 539,169 Inventory $ 2,670,282 $ 1,173,254 Depreciation expense for fleet inventory for the three months ended September 30, 2021 and 2020 was $ 23,886 0 71,658 0 no 388,735

PREPAID EXPENSES AND OTHER CURR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	9 Months Ended
	Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	NOTE 7. PREPAID EXPENSES AND OTHER CURRENT ASSETS SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS September 30, December 31, 2021 2020 Prepaid final assembly services $ 349,220 $ 520,000 Prepayments for inventory 1,849,371 976,512 Prepaid other 251,634 112,250 Prepaid Expenses And Other Current Assets $ 2,450,225 $ 1,608,762

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 8. PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT September 30, December 31, 2021 2020 Computer and equipment $ 848,569 $ 815,704 Furniture and fixtures 171,342 127,401 Lease improvements 263,497 221,802 Prototypes 300,376 300,376 Computer software 455,875 62,077 Property and equipment 2,039,659 1,527,360 Less: Accumulated depreciation (1,136,583 ) (916,048 ) Property and equipment, net $ 903,076 $ 611,312 Depreciation expense for the three months ended September 30, 2021 and 2020 was $ 74,655 86,664 220,535 258,276

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS, NET	NOTE 9. INTANGIBLE ASSETS, NET Intangible assets consisted of the following: SCHEDULE OF INTANGIBLE ASSETS September 30, 2021 Gross Accumulated Net Weighted- Supply chain development $ 404,622 $ (366,836 ) $ 37,786 0.37 Patents and trademarks 118,290 (46,966 ) 71,324 2.41 $ 522,912 $ (413,802 ) $ 109,110 December 31, 2020 Gross Accumulated Net Weighted- Period Supply chain development $ 395,248 $ (291,937 ) $ 103,311 1.05 Patents 70,435 (29,901 ) 40,534 2.45 $ 465,683 $ (321,838 ) $ 143,845 Amortization expense for the three months ended September 30, 2021 and 2020, was $ 31,941 28,805 91,964 85,656

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 10. STOCKHOLDERS’ EQUITY Common Stock In April 2020, the Company issued 553,330 600,000 On June 17, 2020, the Company entered into a Securities Purchase Agreement with certain existing investors, pursuant to which the Company sold, in a registered public offering by the Company directly to the investors an aggregate of 2,200,000 0.0001 2.50 5,500,000 435,000 On July 6, 2020, the Company entered into a Securities Purchase Agreement with certain existing investors, pursuant to which the Company sold, in a registered public offering by the Company directly to the investors an aggregate of 3,157,895 0.0001 4.75 15,000,000 1,249,200 On July 21, 2020, the Company entered into a Securities Purchase Agreement with certain existing investors, pursuant to which the Company sold, in a registered public offering by the Company directly to the investors an aggregate of 1,850,000 0.0001 5.00 9,250,000 740,000 Each purchaser also had the right to purchase, on or before October 19, 2020, additional shares of common stock (the “Additional Shares”) equal to the full amount of 75% of the common stock it purchased at the initial closing, or an aggregate of 1,387,500 shares, at an offering price of $5.00 per share. 420,000 0.0001 5.00 2,100,000 168,000 During July 2020, the Company issued 225,590 7,833 On November 22, 2020, the Company entered into a Securities Purchase Agreement with certain institutional and accredited investors, pursuant to which such stockholders agreed to purchase an aggregate of 1,650,164 0.0001 6.06 10,000,000 847,619 During the year ended December 31, 2020, the Company issued 5,074,645 5,092,806 3,926,818 During the year ended December 31, 2020, the Company issued 1,030,585 1,000,000 During the year ended December 31, 2020, the Company issued 2,337,663 3,060,740 During the year ended December 31, 2020, the Company issued 1,573,218 0.0001 2,000,000 609,010 During the year ended December 31, 2020, the Company issued 1,037,496 In December 2020, based on its contract, the Company agreed to issue 15,000 42,300 During the year ended December 31, 2020, the Company issued 2,007,193 7,360,985 During the year ended December 31, 2020, the Company issued 6,817 16,669 During the year ended December 31, 2020, the Company issued 795 955 On January 25, 2021, AYRO entered into a Securities Purchase Agreement with certain institutional and accredited investors, pursuant to which AYRO agreed to issue and sell in a registered direct offering (the “January 2021 Offering”) an aggregate of 3,333,334 0.0001 6.00 20,000,004 1,648,608 On February 11, 2021, AYRO entered into a Securities Purchase Agreement with certain institutional and accredited investors, pursuant to which AYRO agreed to issue and sell in a registered direct offering (the “February 2021 Offering”) an aggregate of 4,400,001 0.0001 9.50 41,800,008 3,394,054 Each purchaser was also granted an option to purchase, on or before February 16, 2022, additional shares of common stock equal to the full amount of 75% of the common stock it purchased at the initial closing, or an aggregate of 3,300,001 11.50 On March 17, 2021, in connection with that certain Agreement and Plan of Merger dated December 19, 2019, whereby certain former stockholders of AYRO Operating entered into lock-up agreements (collectively, the “May Lock-Up Agreements”) pursuant to which they agreed to certain restrictions on the transfer or sale of shares of the Company’s common stock for the one-year period following the Merger, AYRO modified the May Lock-Up Agreements to allow each stockholder party to a May Lock-Up Agreement to (i) sell up to 5% of such stockholder’s holdings in the Company’s common stock on any trading day (with such 5% limitation to be measured as of the date of each sale) and (ii) allow for unlimited sales of the Company’s common stock for any sales made at $10.00 per share or greater. Pursuant to the Securities Purchase Agreement dated July 21, 2020, during the nine months ended September 30, 2021 investors purchased 302,500 of the Additional Shares of common stock of AYRO, par value $ 0.0001 5.00 1,512,500 During February 2021, the Company issued 13,642 100,000 During the nine months ended September 30, 2021, the Company issued 555,004 1,506,999 During the nine months ended September 30, 2021, the Company issued 724,724 Restricted Stock During the year ended December 31, 2020, the Company issued 1,087,618 5.27 15,115 172,000 7.66 1,158,891 434,166 2,990,493 5,827,028 2,684,371 434,166 Preferred Stock Upon closing of the Merger, the Company assumed the Series H, H-3 and H-6 preferred stock of DropCar, Inc., which respective conversion prices have been adjusted to reflect the May 2020 one-for-five reverse split. Series H Convertible Preferred Stock Under the terms of the Series H Certificate of Designation, each share of the Company’s Series H Convertible Preferred Stock (the “Series H Preferred Stock”) has a stated value of $ 154 184.80 9.99% As of September 30, 2021, such payment would be calculated as follows: SCHEDULE OF PAYMENT OF PREFERRED STOCK Number of Series H Preferred Stock outstanding as of September 30, 2021 8 Multiplied by the stated value $ 154 Equals the gross stated value $ 1,232 Divided by the conversion price $ 184.8 Equals the convertible shares of Company Common Stock 7 Multiplied by the fair market value of Company Common Stock as of September 30, 2021 $ 3.41 Equals the payment $ 24 Series H-3 Convertible Preferred Stock Pursuant to the Series H-3 Certificate of Designation (as defined below), the holders of the Company’s Series H-3 Convertible Preferred Stock (the “Series H-3 Preferred Stock”) are entitled to elect up to two members of a seven-member Board, subject to certain step downs; pursuant to the Series H-3 securities purchase agreement, the Company agreed to effectuate the appointment of the designees specified by the Series H-3 investors as directors of the Company. Under the terms of the Series H-3 Certificate of Designation, each share of the Series H-3 Preferred Stock has a stated value of $ 138 165.60 9.99% In the event of liquidation, the holders of the Series H-3 Preferred Stock are entitled, pari passu with the holders of common stock, to receive a payment in the amount the holder would receive if such holder converted the Series H-3 Preferred Stock into common stock immediately prior to the date of such payment. As of September 30, 2021, such payment would be calculated as follows: SCHEDULE OF PAYMENT OF PREFERRED STOCK Number of Series H-3 Preferred Stock outstanding as of September 30, 2021 1,234 Multiplied by the stated value $ 138 Equals the gross stated value $ 170,292 Divided by the conversion price $ 165.6 Equals the convertible shares of Company Common Stock 1,028 Multiplied by the fair market value of Company Common Stock as of September 30, 2021 $ 3.41 Equals the payment $ 3,505 Series H-6 Convertible Preferred Stock On February 5, 2020, the Company filed the Certificate of Designations, Preferences and Rights of the Series H-6 Preferred Stock (the “Series H-6 Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing and designating the rights, powers and preferences of the Series H-6 Preferred Stock. The Company designated up to 50,000 72.00 Each share of Series H-6 Preferred Stock is convertible at any time at the option of the holder thereof, into a number of shares of common stock of the Company determined by dividing the H-6 Stated Value by the initial conversion price of $ 3.60 9.99% The Series H-6 Preferred Stock also has the same voting rights as the common stock, except that in no event shall a holder of Series H-6 Preferred Stock be permitted to exercise a greater number of votes than such holder would have been entitled to cast if the Series H-6 Preferred Stock had immediately been converted into shares of common stock at a conversion price equal to $ 3.60 The holders of Series H-6 Preferred Stock are entitled to certain anti-dilution adjustments if the Company issues shares of its common stock at a lower price per share than the applicable conversion price of the Series H-6 Preferred Stock. If any such dilutive issuance occurs prior to the conversion of the Series H-6 Preferred Stock, the conversion price will be adjusted downward to a price that cannot be less than 20% of the exercise price of $3.60. In the event of liquidation, the holders of the Series H-6 Preferred Stock are entitled, pari passu with the holders of common stock, to receive a payment in the amount the holder would receive if such holder converted the Series H-6 Preferred Stock into common stock immediately prior to the date of such payment. As of September 30, 2021, such payment would be calculated as follows: SCHEDULE OF PAYMENT OF PREFERRED STOCK Number of Series H-6 Preferred Stock outstanding as of September 30, 2021 50 Multiplied by the stated value $ 72 Equals the gross stated value $ 3,600 Divided by the conversion price $ 2.5 Equals the convertible shares of Company Common Stock 1,440 Multiplied by the fair market value of Company Common Stock as of September 30, 2021 $ 3.41 Equals the payment $ 4,910 Warrants AYRO Seed Warrants Prior to the Merger, the Company issued 461,647 7.33 five 100,000 13,642 448,005 0 36,760 Series I, J, H, H-1, H-3, H-4 and H-5 warrants transferred to AYRO common stock pursuant to the Merger. Series I Warrants As a result of the Merger, 14,636 69.00 If at any time (i) the volume weighted average price (“VWAP”) of the Common Stock exceeds $ 138 14,636 Series H-3 Warrants As a result of the Merger, 2,800 165.60 5 2,800 Exercise of Series H-4 Warrants and Issuance of Series J Warrants Series H-4 Warrants As a result of the Merger, 37,453 15.60 15.60 37,453 As a result of the Merger, 52,023 Series J Warrants transferred to AYRO. The terms of the Series J Warrants are substantially identical to the terms of the Series H-4 Warrants except that (i) the exercise price is equal to $ 30.00 per share, (ii) the Series J Warrants may be exercised at all times beginning on the 6-month anniversary of the issuance date on a cash basis and also on a cashless basis, (iii) the Series J Warrants do not contain any provisions for anti-dilution adjustment and (iv) the Company has the right to require the Holders to exercise all or any portion of the Series J Warrants still unexercised for a cash exercise if the volume-weighted average price (VWAP) (as defined in the Series J Warrant) for the Company’s common stock equals or exceeds $ 45.00 If at any time (i) the VWAP of the Common Stock exceeds $9.00 for not less than the mandatory exercise measuring period; (ii) the daily average number of shares of Common Stock traded during the mandatory exercise measuring period equals or exceeds 25,000; and (iii) no equity conditions failure has occurred as of such date, then the Company shall have the right to require the holder to exercise all or any portion of the Series J Warrants still unexercised for a cash exercise. 52,023 Series H-5 Warrants As a result of the Merger, 296,389 2.50 five years The H-5 Warrants are entitled to certain anti-dilution adjustments if the Company issues shares of its common stock at a lower price per share than the applicable exercise price (subject to a floor of $0.792 per share). An anti-dilution adjustment was triggered resulting in an adjusted exercise price per share from $3.96 to $2.50, resulting in an issuance of an additional 173,091 348,476 The Company considers the change in exercise price due to the anti-dilution trigger related to the Series H-5 Warrants to be of an equity nature, as the issuance allowed the warrant holders to exercise warrants in exchange for common stock, which represents an equity for equity exchange. Therefore, the change in the fair value before and after the effect of the anti-dilution triggering event and the fair value of the Series H-5 warrants will be treated as a deemed dividend in the amount of $ 432,727 967,143 534,416 The warrants were valued using the Black-Scholes option pricing model on the date of the modification and issuance using the following assumptions: (a) fair value of common stock of $2.77 per share, (b) expected volatility of 89.96% 0% 0.24% The Series H-1, H-3, H-4, J and H-5 Warrants expire through the years 2022-2024 Other AYRO Warrants On June 19, 2020, the Company agreed to issue finder warrants (the “June Finder Warrants”) to purchase 27,273 2.75 126,000 2.875 5 126,000 27,273 On July 8, 2020, the Company agreed to issue finder warrants (the “July 8 Finder Warrants”) to purchase 71,770 5.225 5.4625 The July 8 Finder Warrants and July 8 Placement Agent Warrants terminate after a period of 5 71,770 147,368 On July 22, 2020, the Company agreed to issue warrants to Palladium (the “July 22 Placement Agent Warrants”) to purchase 129,500 5.750 5 129,500 On September 25, 2020, the Company issued a warrant (the “September Warrant”) to purchase 31,348 3.19 The September Warrant is immediately exercisable and expires on September 25, 2025. 2.13 66,845 31,348 The following assumptions were used to determine the fair value of the September Warrants: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS As of Dividend - % Risk Free Rate 0.30 % Exercise Price $ 2.90 Strike Price $ 3.19 Term 5 Volatility 102 % On November 22, 2020, the Company entered into a Securities Purchase Agreement with new and current stockholders of the Company, pursuant to which such stockholders agreed to purchase shares of AYRO’s Common Stock, Series A Warrants and Series B Warrants to purchase AYRO’s Common Stock for an aggregate purchase price of $ 9,999,997 1,237,624 825,084 8.09 8.90 825,084 On November 22, 2020, the Company agreed to issue finder warrants (the “November Finder Warrants”) to purchase 56,256 6.6660 57,756 6.9690 The November Finder Warrants and November Placement Agent Warrants terminate after a period of 5 years on November 22, 2025. 56,256 57,756 On January 25, 2021, AYRO entered into a Securities Purchase Agreement with certain institutional and accredited investors, pursuant to which AYRO agreed to issue and sell in a registered direct offering (the “January 2021 Offering”) an aggregate of 3,333,334 0.0001 6.00 20.0 Each purchaser was also granted a warrant to purchase, between July 26, 2021 and July 26, 2023, additional shares of common stock equal to the full amount of the common stock it purchased at the initial closing, or an aggregate of 3,333,334 6.93 On January 25, 2021, the Company agreed to issue warrants to Palladium, the placement agent for the January 2021 offering to purchase 233,334 6.93 On February 11, 2021, the Company agreed to issue warrants to Spartan Capital Securities, LLC and its affiliates (the “February Finder Warrants”) to purchase 15,574 10.925 35,885 10.45 255,584 10.925 5 51,459 255,584 A summary of the Company’s warrants to purchase common stock activity is as follows: SCHEDULE OF WARRANT ACTIVITY Shares Underlying Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Outstanding at December 31, 2020 3,501,014 $ 8.03 2.87 Granted 3,873,711 $ 7.24 Exercised (13,642 ) $ 7.33 Expired (1,252,260 ) $ 8.80 Outstanding at September 30, 2021 6,108,823 $ 7.37 2.56

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 11. STOCK-BASED COMPENSATION AYRO 2020 Long Term Incentive Plan On May 28, 2020, the Company’s shareholders approved the AYRO, Inc. 2020 Long Term Incentive Plan for future grants of incentive stock options, nonqualified stock, stock appreciation rights, restricted stock, restricted stock units, performance and other awards. The Company has reserved a total of 4,089,650 1,474,649 AYRO 2017 Long Term Incentive Plan Prior to the Merger, the Company granted stock options and warrants pursuant to the 2017 Long Term Incentive Plan effective January 1, 2017. As of September 30, 2021, the 2017 Long Term Incentive Plan remains active, but no additional awards may be granted. DropCar Amended and Restated 2014 Equity Incentive Plan The DropCar Amended and Restated 2014 Equity Incentive Plan was amended in 2018 to increase the number of shares of Company common stock available for issuance. Pursuant to the 2014 Equity Incentive Plan (the “2014 Plan”), 141,326 61,440 zero Stock-based compensation, including restricted stock awards, stock options and warrants is included in the unaudited condensed consolidated statement of operations as follows: SCHEDULE OF STOCK-BASED COMPENSATION Three Months Ended Nine Months Ended 2021 2020 2021 2020 Research and development $ 18,786 $ 15,873 $ 62,980 $ 47,618 Sales and marketing 60,771 28,991 184,853 101,695 General and administrative 3,580,935 122,905 6,750,153 325,862 Total $ 3,660,492 $ 167,769 $ 6,997,986 $ 475,175 Options The following table reflects the stock option activity: SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY Number of Shares Weighted Average Exercise Price Contractual Life (Years) Outstanding at December 31, 2020 1,920,269 $ 4.40 8.66 Exercised (555,004 ) $ 2.72 Forfeitures (2,500 ) $ 2.52 Outstanding at September 30, 2021 1,362,765 $ 5.09 8.31 Of the outstanding options, 904,531 328,954 The Company recognized $ 669,999 156,611 1,170,958 427,258 802,753 Determining the appropriate fair value of the stock-based awards requires the input of subjective assumptions, including the fair value of the Company’s common stock, and for stock options, the expected life of the option, and the expected stock price volatility. The Company uses the Black-Scholes option pricing model to value its stock option awards. The assumptions used in calculating the fair value of stock-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment. As a result, if factors change and management uses different assumptions, stock-based compensation expense could be materially different for future awards. The Company uses the following inputs when valuing stock-based awards. SCHEDULE OF STOCK-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS Nine Months Ended September 30, 2021 2020 Expected life (years) N/A 5 Risk-free interest rate N/A 0.24 % Expected volatility N/A 89.96 % Total grant date fair value $ N/A $ 2.30 3.63 The expected life of the employee stock options was estimated using the “simplified method,” as the Company has no historical information to develop reasonable expectations about future exercise patterns and employment duration for its stock option grants. No employee stock options were awarded in the nine months ended September 30, 2021. The simplified method is based on the average of the vesting tranches and the contractual life of each grant. The expected life of awards that vest immediately use the contractual maturity since they are vested when issued. For stock price volatility, the Company uses public company compatibles and historical private placement data as a basis for its expected volatility to calculate the fair value of option grants. The risk-free interest rate is based on U.S. Treasury notes with a term approximating the expected life of the option at the grant-date. Restricted Stock The following table reflects the restricted stock activity: SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY Number of Weighted Average Grant Price Outstanding at December 31, 2020 1,072,503 $ 5.30 Granted 622,000 $ 3.91 Vested (1,158,891 ) $ 5.64 Forfeitures (42,612 ) $ 3.17 Outstanding at September 30, 2021 493,000 $ 2.93 In September 2020, the Company issued 436,368 15,115 vest in December 2020, which was subsequently modified to vest in full in May 2021. 378,641 42,612 0 699,528 In December 2020, based on objectives achieved, the Company issued 651,250 the following vesting schedule: one-third vested on May 28, 2021, one-third was to vest on December 4, 2021 and one-third was to vest on December 4, 2022. 2,648,371 4,126,618 434,166 On February 24, 2021, pursuant to the AYRO, Inc. 2020 Long-Term Incentive Plan, the Company issued 172,000 7.66 The shares vest 50% at June 30, 2021, 25% at September 30, 2021 and 25% at December 31, 2021. 329,380 988,140 329,380 In September 2021, pursuant to the employment agreement with Thomas M. Wittenschlaeger, the Company issued 450,000 shares of restricted stock at a value of $ 2.48 per share. Vesting will occur as predetermined value-based targets are met. We estimate the fair value of stock-based and cash unit awards containing a market condition using a Monte Carlo simulation model. Key inputs and assumptions used in the Monte Carlo simulation model include the stock price of the award on the grant date, the expected term, the risk-free interest rate over the expected term, the expected annual dividend yield and the expected stock price volatility. The Company does not currently pay or plan to pay a dividend on its common stock, the expected dividend yield was zero. Volatility was determined using a three-year lookback with a 110% determination. The expected term is December 27, 2023 for the fifth and final tranche. The Company recognized $ 12,742 of expense in the three and nine months ended September 30, 2021. Total compensation cost related to non-vested restricted stock not yet recognized as of September 30, 2021 was $ 1,104,350 and will be recognized on a straight-line basis per target through the end of each vesting period through December 2023. Other Share-Based Payments The Company granted stock warrants pursuant to the 2017 Long Term Incentive Plan (“LTIP”) effective January 1, 2017. The Company measured consultant stock-based awards at grant-date fair value and recognizes contractor consulting expense for contractor warrants on a straight-line method basis over the vesting period of the award. Grants to consultants are expensed at the earlier of (i) the date at which a commitment for performance by the service provider to earn the equity instrument is reached and (ii) the date at which the service provider’s performance is complete. The Company recognized $ 0 0 36,760

CONCENTRATIONS AND CREDIT RISK

CONCENTRATIONS AND CREDIT RISK	9 Months Ended
	Sep. 30, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS AND CREDIT RISK	NOTE 12. CONCENTRATIONS AND CREDIT RISK Revenues In March 2019, the Company entered into a five-year Master Procurement Agreement, or the MPA, with Club Car for the sale of AYRO’s four-wheeled vehicle. The MPA grants Club Car the exclusive right to sell AYRO’s four-wheeled vehicle in North America, provided that Club Car orders at least 500 vehicles per year. Although Club Car did not meet the volume threshold for 2020, we currently do not intend to sell our four-wheeled vehicles other than exclusively through Club Car. The MPA has an initial term of five (5) years commencing January 1, 2019 and may be renewed by Club Car for successive one-year periods upon 60 days’ prior written notice. For the three months ended September 30, 2021 and 2020, two customers accounted for the Company’s revenues, one for 99% 84% 1% 13% 71% 84% 28% 15% Accounts Receivable As of September 30, 2021 and December 31, 2020, two customers accounted for more than 10% of the Company’s accounts receivable. One customer accounted for approximately 84% 74% 13% 11% Purchasing The Company places orders with various suppliers. During the nine months ended September 30, 2021 and 2020, two suppliers provided more than 10% of the Company’s raw materials purchases. One supplier, Cenntro, accounted for approximately 51% 68% 11% 11% 56% 16% 73% 12% Manufacturing Cenntro Automotive Group (“Cenntro”), a related party in 2020, owns the design of the AYRO 411x model and has granted the Company an exclusive license to manufacture the AYRO 411x model for sale in North America. The Company’s business is dependent on such license, and if it fails to comply with its obligations to maintain that license, the Company’s business will be substantially harmed. Under the Manufacturing License Agreement, dated April 27, 2017, between Cenntro and the Company, the Company is granted an exclusive license to manufacture and sell AYRO 411x in the United States, and the Company is required to purchase the minimum volume of product units from Cenntro, among other obligations.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 13. RELATED PARTY TRANSACTIONS Supply Chain Agreements In 2017, the Company executed a supply chain contract with Cenntro, the Company’s primary supplier, a manufacturer located in the People’s Republic of China. Prior to the Merger, Cenntro was a significant shareholder in AYRO Operating. Through the partnership, Cenntro acquired 19% 100% 0 44,594 Under a memo of understanding signed between the Company and Cenntro on March 22, 2020, the Company agreed to purchase 300 units within the following twelve months of signing the memo of understanding, and 500 and 800 in each of the following respective twelve-month periods. 1.2 100,000 1,698,915 976,512 Other The Company had received short-term expense advances from its founders. As of September 30, 2021 and December 31, 2020, the amounts outstanding were $ 15,000

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14. COMMITMENTS AND CONTINGENCIES Lease Agreements In 2019 the Company entered into a new lease agreement for office and manufacturing space. The lease commencement date was January 16, 2020. Prior to the commencement date of the new lease agreement, the Company leased other office and manufacturing space on a short-term basis. The Company determined if an arrangement is a lease at inception of the contract and whether a contract is or contains a lease by determining whether it conveys the right to control the use of identified asset for a period of time. The contact provides the right to substantially all the economic benefits from the use of the identified asset and the right to direct use of the identified asset, as such, the contract is, or contains, a lease. In connection with the adoption of ASC 842, Leases During March 2021, the Company subleased additional office space to support the Company’s expansion plan. The term is for 16 months with a total lease obligation of $ 131,408 Leases Leases were classified as an operating lease at inception. An operating lease results in the recognition of a Right-of-Use (“ROU”) assets and lease liability on the balance sheet. ROU assets and operating lease liabilities are recognized based on the present value of lease payments over the lease term as of the commencement date. Because the lease does not provide an explicit or implicit rate of return, the Company determines incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments on an individual lease basis. The incremental borrowing rate for a lease is the rate of interest the Company would have to pay on a collateralized basis to borrow an amount equal to the lease payments for the asset under similar term, which is 10.41% The Company’s leases do not contain any residual value guarantees or material restrictive covenants. Leases with a lease term of 12 months or less are not recorded on the balance sheet and lease expense is recognized on a straight-line basis over the lease term. The remaining terms for the Company’s leases as of September 30, 2021 are 5.5 0.75 During the nine months ended September 30, 2021 and 2020, cash paid for amounts included in the measurement of lease liabilities- operating cash flows from operating lease was $ 117,474 57,163 The components of lease expense consist of the following: SCHEDULE OF COMPONENTS OF LEASE EXPENSE Three Months Ended Nine Months Ended 2021 2020 2021 2020 Operating lease expense $ 126,419 $ 61,196 $ 322,677 $ 168,260 Short-term lease expense 2,788 10,763 8,277 65,801 Total lease cost $ 129,207 $ 71,959 $ 330,954 $ 234,061 Balance sheet information related to leases consists of the following: SCHEDULE OF OPERATING LEASES RIGHT OF USE ASSETS AND LIABILITIES September 30, 2021 December 31, 2020 Assets Operating lease – right-of-use asset $ 1,069,883 $ 1,098,819 Total lease assets $ 1,069,883 $ 1,098,819 Liabilities Current liabilities: Lease obligation – operating lease $ 231,867 $ 123,139 Noncurrent liabilities: Lease obligation - operating lease, net of current portion 897,032 1,002,794 Total lease liability $ 1,128,899 $ 1,125,933 The weighted-average remaining lease term and discount rate is as follows: SCHEDULE OF WEIGHTED-AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE Weighted average remaining lease term (in years) – operating lease 5.50 Weighted average discount rate – operating lease 10.41 % Cash flow information related to leases consists of the following: SCHEDULE OF CASH FLOW INFORMATION For the nine months ended September 30, 2021 September 30, 2020 Operating cash flows for operating leases $ 117,474 $ 57,163 Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets $ 120,440 $ 1,210,680 Future minimum lease payment under non-cancellable lease as of September 30, 2021 are as follows: SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES As of September 30, 2021 Operating Leases 2021, remaining $ 91,768 2022 306,691 2023 247,533 2024 254,277 2025 261,223 2026 and thereafter 313,307 Total minimum lease payments 1,474,799 Less effects of discounting (345,900 ) Present value of future minimum lease payments $ 1,128,899 Manufacturing Agreements On September 25, 2020, AYRO entered into a Master Manufacturing Services Agreement with Karma Automotive, LLC (the “Karma Agreement”). The term of the contract is for 12 1,160,800 The Company paid Karma an amount of $ 440,000 80,000 66,845 60,520 90,780 Litigation The Company is subject to various legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business, that it believes are incidental to the operation of its business. While the outcome of these claims cannot be predicted with certainty, management does not believe that the outcome of any of these legal matters will have a material adverse effect on its results of operations, financial positions or cash flows. Other On February 12, 2021, the Company entered into an agreement with Arcimoto, Inc. to settle certain patent infringement claims (the “Arcimoto Settlement”) for a de minimis amount, pursuant to which the Company agreed to cease the production, importation and sale of the AYRO 311, among other things. Accordingly, the Company would not be contractually permitted to resume production of the AYRO 311. As of January 1, 2019, DropCar Operating, Inc. (“DropCar”) had accrued approximately $ 232,000 5,603 On March 23, 2018, DropCar was made aware of an audit being conducted by the New York State Department of Labor (“DOL”) regarding a claim filed by an employee. The DOL is investigating whether DropCar properly paid overtime for which DropCar has raised several defenses. In addition, the DOL is conducting its audit to determine whether the Company owes spread of hours pay (an hour’s pay for each day an employee worked or was scheduled for a period over ten hours in a day). If the DOL determines that monies are owed, the DOL will seek a backpay order, which management believes will not, either individually or in the aggregate, have a material adverse effect on the Company’s business, consolidated financial position, results of operations or cash flows. Management believes the case has no merit. DropCar was a defendant in a class action lawsuit which resulted in a judgement entered into whereby the Company is required to pay legal fees in the amount of $ 45,000 45,000 186,000

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with GAAP and in conformity with the instructions on Form 10-Q and Rule 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, AYRO Operating and DropCar Operating Company, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements reflect all adjustments, consisting of normal recurring accruals, which are, in the opinion of management, necessary for a fair presentation of such statements. The results of operations for the three and nine months ended September 30, 2021, are not necessarily indicative of the results that may be expected for the entire year. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the accompanying notes for the fiscal year ended December 31, 2020, which are included in the Company’s Annual Report on Form 10-K, filed with the SEC on March 31, 2021, as amended on April 30, 2021.
Use of Estimates	Use of Estimates The preparation of the accompanying unaudited condensed consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the accompanying unaudited condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. The Company’s most significant estimates include allowance for doubtful accounts, valuation of inventory reserve, valuation of deferred tax asset allowance, and the measurement of stock-based compensation expenses. Actual results could differ from these estimates.
Reclassification	Reclassification Certain reclassifications have been made to the prior period financial statements to conform to the current period financial statement presentation. These reclassifications had no effect on net earnings or cash flows as previously reported.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers To achieve this core principle, five basic criteria must be met before revenue can be recognized: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to performance obligations in the contract; and (5) recognize revenue when or as the Company satisfies a performance obligation. Nature of goods and services The following is a description of the Company’s products and services from which the Company generates revenue, as well as the nature, timing of satisfaction of performance obligations, and significant payment terms for each: Product revenue Product revenue from customer contracts is recognized on the sale of each electric vehicle as vehicles are shipped to customers. The majority of the Company’s vehicle sales orders generally have only one performance obligation: sale and delivery of complete vehicles. Ownership and risk of loss transfers to the customer based on FOB shipping point and freight charges are the responsibility of the customer. Revenue is typically recognized at the point control transfers or in accordance with payment terms customary to the business. The Company provides product warranties to assure that the product assembly complies with agreed upon specifications. The Company’s product warranty is identical to the product warranties provided by the Company’s suppliers, therefore minimizing the warranty liability to the standard labor rates associated with the defective part replacement. Customers do not have the option to purchase a warranty separately; as such, warranty is not accounted for as a separate performance obligation. The Company’s policy is to exclude taxes collected from a customer from the transaction price of automotive contracts. Shipping revenue Amounts billed to customers related to shipping and handling are classified as shipping revenue. The Company has elected to recognize the cost for freight and shipping when control over vehicles has transferred to the customer as an operating expense. The Company has reported shipping expenses of $ 98,464 29,944 208,139 60,734 Subscription revenue Subscription revenue from revenue sharing with Destination Fleet Operators (“DFO”) and other vehicle rental agreements is recorded in the month the vehicles in the Company’s fleet is rented. The Company established its rental fleet in late March 2019 which is recorded in the property and equipment section of the accompanying unaudited condensed consolidated balance sheets. For the rental fleet, the Company retains title and ownership to the vehicles and places them in DFO’s in resort communities that typically rent golf cars for use in those communities. In August 2020, the Company phased-out the production of its 311 line which were the vehicles used in the rental offering as it is working to develop a new line of vehicles. The change in production did not represent a strategic shift that will have a major effect on the Company’s operations or financial results. Services and other revenue Services and other revenue consist of non-warranty after-sales vehicle services. Revenue is typically recognized at a point in time when services and replacement parts are provided.
Warrants and Preferred Shares	Warrants and Preferred Shares The accounting treatment of warrants and preferred share series issued is determined pursuant to the guidance provided by ASC 470, Debt Distinguishing Liabilities from Equity Derivatives and Hedging
Stock-Based Compensation	Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718, Compensation-Stock Compensation (“ASC 718”). The Company recognizes all employee share-based compensation as an expense in the financial statements on a straight-line basis over the requisite service period, based on the terms of the awards. Equity-classified awards principally related to stock options, restricted stock awards (“RSAs”) and equity-based compensation, are measured at the grant date fair value of the award. The Company determines grant date fair value of stock option awards using the Black-Scholes option-pricing model. The fair value of RSAs is determined using the closing price of the Company’s common stock on the grant date. For service based vesting grants, expense is recognized ratably over the requisite service period based on the number of options or shares. For value-based vesting grants, expense is recognized via straight line expense over the expected period per grant as determined by outside valuation experts. Stock-based compensation is reversed for forfeitures in the period of forfeiture. We estimate the fair value of stock-based and cash unit awards containing a market condition using a Monte Carlo simulation model. Key inputs and assumptions used in the Monte Carlo simulation model include the stock price of the award on the grant date, the expected term, the risk-free interest rate over the expected term, the expected annual dividend yield and the expected stock price volatility. The expected volatility is based on a combination of the historical and implied volatility of the Company’s publicly traded, near-the-money stock options, and the valuation period is based on the vesting period of the awards. The risk-free interest rate is derived from the U.S. Treasury yield curve in effect at the time of grant and, since the Company does not currently pay or plan to pay a dividend on its common stock, the expected dividend yield was zero. In June 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting (“ASU 2018-07”). ASU 2018-07 expands the guidance in ASC 718 to include share-based payments for goods and services to non-employees and generally aligns it with the guidance for share-based payments to employees. In accordance with ASU 2018-07, these stock options and warrants issued as compensation for services provided to the Company are accounted for based upon the fair value of the underlying equity instrument. The attribution of the fair value of the equity instrument is charged directly to compensation expense over the period during which services are rendered.
Basic and Diluted Loss Per Share	Basic and Diluted Loss Per Share Basic and diluted net loss per share is determined by dividing net loss by the weighted average ordinary shares outstanding during the period. For all periods presented with a net loss, the shares underlying the ordinary share options and warrants have been excluded from the calculation because their effect would be anti-dilutive. Therefore, the weighted-average shares outstanding used to calculate both basic and diluted loss per share are the same for periods with a net loss. “Penny warrants” were included in the calculation of outstanding shares for purposes of basic earnings per share. On May 28, 2020, pursuant to the previously announced Merger Agreement, dated December 19, 2019, the Company issued prefunded common stock warrants to purchase 1,193,391 The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Three Months Ended Nine Months Ended 2021 2020 2021 2020 Options to purchase common stock 1,362,765 1,781,488 1,362,765 1,781,488 Restricted Stock Unvested 493,000 421,253 493,000 421,253 Restricted stock vested – unissued 434,166 - 434,166 - Warrants outstanding 6,108,823 1,988,175 6,108,823 1,988,175 Preferred Stock outstanding 2,475 3,272 2,475 3,272 Totals 8,401,229 4,194,188 8,401,229 4,194,188

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE	The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Three Months Ended Nine Months Ended 2021 2020 2021 2020 Options to purchase common stock 1,362,765 1,781,488 1,362,765 1,781,488 Restricted Stock Unvested 493,000 421,253 493,000 421,253 Restricted stock vested – unissued 434,166 - 434,166 - Warrants outstanding 6,108,823 1,988,175 6,108,823 1,988,175 Preferred Stock outstanding 2,475 3,272 2,475 3,272 Totals 8,401,229 4,194,188 8,401,229 4,194,188

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
SCHEDULE OF DISAGGREGATION OF REVENUE	Revenue by type was as follows: SCHEDULE OF DISAGGREGATION OF REVENUE 2021 2020 2021 2020 Three Months Ended Nine Months Ended 2021 2020 2021 2020 Revenue type Product revenue $ 494,011 $ 348,480 $ 1,710,579 $ 741,570 Shipping revenue 65,359 38,381 123,040 76,249 Subscription revenue - - - 1,786 Service income - 1,793 36,687 1,793 Revenue $ 559,370 $ 388,654 $ 1,870,306 $ 821,398
SCHEDULE OF CONTRACT LIABILITIES	SCHEDULE OF CONTRACT LIABILITIES Nine Months Ended September 30, Year Ended December 31, 2021 2020 Balance, beginning of period $ 24,000 $ - Additions - 183,319 Transfer to revenue (24,000 ) (159,319 ) Balance, end of period $ - $ 24,000

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	Accounts receivable, net, consists of amounts due from invoiced customers and product deliveries and were as follows: SCHEDULE OF ACCOUNTS RECEIVABLE September 30, December 31, 2021 2020 Trade receivables $ 906,229 $ 839,679 Less: Allowance for doubtful accounts (166,005 ) (73,829 ) Accounts receivable, net $ 740,224 $ 765,850

INVENTORY, NET (Tables)

INVENTORY, NET (Tables)	9 Months Ended
	Sep. 30, 2021
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	Inventory consisted of the following: SCHEDULE OF INVENTORY September 30, December 31, 2021 2020 Raw materials $ 2,507,785 $ 634,085 Work-in-progress - - Finished goods 162,497 539,169 Inventory $ 2,670,282 $ 1,173,254

PREPAID EXPENSES AND OTHER CU_2

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	9 Months Ended
	Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS	SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS September 30, December 31, 2021 2020 Prepaid final assembly services $ 349,220 $ 520,000 Prepayments for inventory 1,849,371 976,512 Prepaid other 251,634 112,250 Prepaid Expenses And Other Current Assets $ 2,450,225 $ 1,608,762

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT September 30, December 31, 2021 2020 Computer and equipment $ 848,569 $ 815,704 Furniture and fixtures 171,342 127,401 Lease improvements 263,497 221,802 Prototypes 300,376 300,376 Computer software 455,875 62,077 Property and equipment 2,039,659 1,527,360 Less: Accumulated depreciation (1,136,583 ) (916,048 ) Property and equipment, net $ 903,076 $ 611,312

INTANGIBLE ASSETS, NET (Tables)

INTANGIBLE ASSETS, NET (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	Intangible assets consisted of the following: SCHEDULE OF INTANGIBLE ASSETS September 30, 2021 Gross Accumulated Net Weighted- Supply chain development $ 404,622 $ (366,836 ) $ 37,786 0.37 Patents and trademarks 118,290 (46,966 ) 71,324 2.41 $ 522,912 $ (413,802 ) $ 109,110 December 31, 2020 Gross Accumulated Net Weighted- Period Supply chain development $ 395,248 $ (291,937 ) $ 103,311 1.05 Patents 70,435 (29,901 ) 40,534 2.45 $ 465,683 $ (321,838 ) $ 143,845

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	9 Months Ended
	Sep. 30, 2021
Class of Stock [Line Items]
SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS	The following assumptions were used to determine the fair value of the September Warrants: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS As of Dividend - % Risk Free Rate 0.30 % Exercise Price $ 2.90 Strike Price $ 3.19 Term 5 Volatility 102 %
SCHEDULE OF WARRANT ACTIVITY	A summary of the Company’s warrants to purchase common stock activity is as follows: SCHEDULE OF WARRANT ACTIVITY Shares Underlying Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Outstanding at December 31, 2020 3,501,014 $ 8.03 2.87 Granted 3,873,711 $ 7.24 Exercised (13,642 ) $ 7.33 Expired (1,252,260 ) $ 8.80 Outstanding at September 30, 2021 6,108,823 $ 7.37 2.56
Convertible Preferred Stock Series H [Member]
Class of Stock [Line Items]
SCHEDULE OF PAYMENT OF PREFERRED STOCK	As of September 30, 2021, such payment would be calculated as follows: SCHEDULE OF PAYMENT OF PREFERRED STOCK Number of Series H Preferred Stock outstanding as of September 30, 2021 8 Multiplied by the stated value $ 154 Equals the gross stated value $ 1,232 Divided by the conversion price $ 184.8 Equals the convertible shares of Company Common Stock 7 Multiplied by the fair market value of Company Common Stock as of September 30, 2021 $ 3.41 Equals the payment $ 24
Convertible Preferred Stock Series H-3 [Member]
Class of Stock [Line Items]
SCHEDULE OF PAYMENT OF PREFERRED STOCK	As of September 30, 2021, such payment would be calculated as follows: SCHEDULE OF PAYMENT OF PREFERRED STOCK Number of Series H-3 Preferred Stock outstanding as of September 30, 2021 1,234 Multiplied by the stated value $ 138 Equals the gross stated value $ 170,292 Divided by the conversion price $ 165.6 Equals the convertible shares of Company Common Stock 1,028 Multiplied by the fair market value of Company Common Stock as of September 30, 2021 $ 3.41 Equals the payment $ 3,505
Convertible Preferred Stock Series H-6 [Member]
Class of Stock [Line Items]
SCHEDULE OF PAYMENT OF PREFERRED STOCK	As of September 30, 2021, such payment would be calculated as follows: SCHEDULE OF PAYMENT OF PREFERRED STOCK Number of Series H-6 Preferred Stock outstanding as of September 30, 2021 50 Multiplied by the stated value $ 72 Equals the gross stated value $ 3,600 Divided by the conversion price $ 2.5 Equals the convertible shares of Company Common Stock 1,440 Multiplied by the fair market value of Company Common Stock as of September 30, 2021 $ 3.41 Equals the payment $ 4,910

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SCHEDULE OF STOCK-BASED COMPENSATION	Stock-based compensation, including restricted stock awards, stock options and warrants is included in the unaudited condensed consolidated statement of operations as follows: SCHEDULE OF STOCK-BASED COMPENSATION Three Months Ended Nine Months Ended 2021 2020 2021 2020 Research and development $ 18,786 $ 15,873 $ 62,980 $ 47,618 Sales and marketing 60,771 28,991 184,853 101,695 General and administrative 3,580,935 122,905 6,750,153 325,862 Total $ 3,660,492 $ 167,769 $ 6,997,986 $ 475,175
SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY	The following table reflects the stock option activity: SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY Number of Shares Weighted Average Exercise Price Contractual Life (Years) Outstanding at December 31, 2020 1,920,269 $ 4.40 8.66 Exercised (555,004 ) $ 2.72 Forfeitures (2,500 ) $ 2.52 Outstanding at September 30, 2021 1,362,765 $ 5.09 8.31
SCHEDULE OF STOCK-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS	The Company uses the following inputs when valuing stock-based awards. SCHEDULE OF STOCK-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS Nine Months Ended September 30, 2021 2020 Expected life (years) N/A 5 Risk-free interest rate N/A 0.24 % Expected volatility N/A 89.96 % Total grant date fair value $ N/A $ 2.30 3.63
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY	The following table reflects the restricted stock activity: SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY Number of Weighted Average Grant Price Outstanding at December 31, 2020 1,072,503 $ 5.30 Granted 622,000 $ 3.91 Vested (1,158,891 ) $ 5.64 Forfeitures (42,612 ) $ 3.17 Outstanding at September 30, 2021 493,000 $ 2.93

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF LEASE EXPENSE	The components of lease expense consist of the following: SCHEDULE OF COMPONENTS OF LEASE EXPENSE Three Months Ended Nine Months Ended 2021 2020 2021 2020 Operating lease expense $ 126,419 $ 61,196 $ 322,677 $ 168,260 Short-term lease expense 2,788 10,763 8,277 65,801 Total lease cost $ 129,207 $ 71,959 $ 330,954 $ 234,061
SCHEDULE OF OPERATING LEASES RIGHT OF USE ASSETS AND LIABILITIES	Balance sheet information related to leases consists of the following: SCHEDULE OF OPERATING LEASES RIGHT OF USE ASSETS AND LIABILITIES September 30, 2021 December 31, 2020 Assets Operating lease – right-of-use asset $ 1,069,883 $ 1,098,819 Total lease assets $ 1,069,883 $ 1,098,819 Liabilities Current liabilities: Lease obligation – operating lease $ 231,867 $ 123,139 Noncurrent liabilities: Lease obligation - operating lease, net of current portion 897,032 1,002,794 Total lease liability $ 1,128,899 $ 1,125,933
SCHEDULE OF WEIGHTED-AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE	The weighted-average remaining lease term and discount rate is as follows: SCHEDULE OF WEIGHTED-AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE Weighted average remaining lease term (in years) – operating lease 5.50 Weighted average discount rate – operating lease 10.41 %
SCHEDULE OF CASH FLOW INFORMATION	Cash flow information related to leases consists of the following: SCHEDULE OF CASH FLOW INFORMATION For the nine months ended September 30, 2021 September 30, 2020 Operating cash flows for operating leases $ 117,474 $ 57,163 Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets $ 120,440 $ 1,210,680
SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES	Future minimum lease payment under non-cancellable lease as of September 30, 2021 are as follows: SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES As of September 30, 2021 Operating Leases 2021, remaining $ 91,768 2022 306,691 2023 247,533 2024 254,277 2025 261,223 2026 and thereafter 313,307 Total minimum lease payments 1,474,799 Less effects of discounting (345,900 ) Present value of future minimum lease payments $ 1,128,899

ORGANIZATION AND NATURE OF OP_2

ORGANIZATION AND NATURE OF OPERATIONS (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	May 28, 2020	Sep. 30, 2021	Dec. 31, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value		$ 0.0001	$ 0.0001
Stockholders reverse stock split	1-for-5 reverse stock split
Merger Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value	$ 0.001
Conversion price per share	$ 1.3634
Stockholders reverse stock split	1-for-10 reverse stock split
Cash received from merger	$ 3,060
Business acquisition, number of shares	2,337,663
Merger Agreement [Member] | Financial Advisor [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage	3.00%
Merger Agreement [Member] | Drop Car Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage	18.00%
Merger Agreement [Member] | Bridge Financing And Private Placement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage	79.00%
Asset Purchase Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Asset purchase description	On May 28, 2020, the parties to the Asset Purchase Agreement entered into Amendment No. 1 to the Asset Purchase Agreement (the “Asset Purchase Agreement Amendment”), which Asset Purchase Agreement Amendment (i) provides for the inclusion of up to $30,000 in refunds associated with certain insurance premiums as assets being purchased by DC Partners, (ii) amends the covenant associated with the funding of the DropCar business, such that DropCar provided the DropCar business with additional funding of $175,000 at the closing of the transactions contemplated by the Asset Purchase Agreement and (iii) provides for a current employee of the Company being transferred to DC Partners to provide transition services to the Company for a period of three months after the closing of the transactions contemplated by the Asset Purchase Agreement.

LIQUIDITY AND OTHER UNCERTAIN_2

LIQUIDITY AND OTHER UNCERTAINTIES (Details Narrative) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Liquidity And Other Uncertainties
Net Income (Loss) Attributable to Parent	$ 12,002,075	$ 7,663,749	$ 5,633,833	$ 2,680,726	$ 1,530,856	$ 1,795,153	$ 25,299,657	$ 6,006,735
Net Cash Provided by (Used in) Operating Activities							18,723,657	$ 6,542,495
Cash and Cash Equivalents, at Carrying Value	77,099,134						77,099,134		$ 36,537,097
Working capital	$ 38,602,374						$ 38,602,374

SCHEDULE OF ANTIDILUTIVE SECURI

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	8,401,229	4,194,188	8,401,229	4,194,188
Options to Purchase Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	1,362,765	1,781,488	1,362,765	1,781,488
Restricted Stock Unvested [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	493,000	421,253	493,000	421,253
Restricted Stock Vested Unissued [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	434,166		434,166
Warrants Outstanging [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	6,108,823	1,988,175	6,108,823	1,988,175
Preferred Stock Outstanding [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Totals	2,475	3,272	2,475	3,272

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 19, 2019
Class of Warrant or Right [Line Items]
Shipping expenses	$ 98,464	$ 29,944	$ 208,139	$ 60,734
Penny warrants [Member] | Merger Agreement [Member]
Class of Warrant or Right [Line Items]
Warrants purchase					1,193,391

SCHEDULE OF DISAGGREGATION OF R

SCHEDULE OF DISAGGREGATION OF REVENUE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 559,370	$ 388,654	$ 1,870,306	$ 821,398
Product [Member]
Disaggregation of Revenue [Line Items]
Revenue	494,011	348,480	1,710,579	741,570
Shipping Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue	65,359	38,381	123,040	76,249
Subscription Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue				1,786
Service Income [Member]
Disaggregation of Revenue [Line Items]
Revenue		$ 1,793	$ 36,687	$ 1,793

SCHEDULE OF CONTRACT LIABILITIE

SCHEDULE OF CONTRACT LIABILITIES (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Balance, beginning of period	$ 24,000
Additions		183,319
Transfer to revenue	(24,000)	(159,319)
Balance, end of period		$ 24,000

REVENUES (Details Narrative)

REVENUES (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Warranty reserves	$ 69,903	$ 43,278

SCHEDULE OF ACCOUNTS RECEIVABLE

SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Receivables [Abstract]
Trade receivables	$ 906,229	$ 839,679
Less: Allowance for doubtful accounts	(166,005)	(73,829)
Accounts receivable, net	$ 740,224	$ 765,850

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 2,507,785	$ 634,085
Work-in-progress
Finished goods	162,497	539,169
Inventory	$ 2,670,282	$ 1,173,254

INVENTORY, NET (Details Narrati

INVENTORY, NET (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Inventory [Line Items]
Depreciation expenses	$ 74,655	$ 86,664	$ 220,535	$ 258,276
Reserve for inventory obsolescence	0		0		$ 0
Inventory write down			388,735
Fleet Inventory [Member]
Inventory [Line Items]
Depreciation expenses	$ 23,886	$ 0	$ 71,658	$ 0

SCHEDULE OF PREPAID EXPENSES AN

SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid final assembly services	$ 349,220	$ 520,000
Prepayments for inventory	1,849,371	976,512
Prepaid other	251,634	112,250
Prepaid Expenses And Other Current Assets	$ 2,450,225	$ 1,608,762

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment	$ 2,039,659	$ 1,527,360
Less: Accumulated depreciation	(1,136,583)	(916,048)
Property and equipment, net	903,076	611,312
Computer And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	848,569	815,704
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	171,342	127,401
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	263,497	221,802
Prototypes [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	300,376	300,376
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 455,875	$ 62,077

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 74,655	$ 86,664	$ 220,535	$ 258,276

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Indefinite-lived Intangible Assets [Line Items]
Gross Amount	$ 522,912	$ 465,683
Accumulated Amortization	(413,802)	(321,838)
Net Carrying Amount	109,110	143,845
Supply Chain Development [Member]
Indefinite-lived Intangible Assets [Line Items]
Gross Amount	404,622	395,248
Accumulated Amortization	(366,836)	(291,937)
Net Carrying Amount	$ 37,786	$ 103,311
Weighted- Average Amortization Period	4 months 13 days	1 year 18 days
Patents And Trademarks [Member]
Indefinite-lived Intangible Assets [Line Items]
Gross Amount	$ 118,290	$ 70,435
Accumulated Amortization	(46,966)	(29,901)
Net Carrying Amount	$ 71,324	$ 40,534
Weighted- Average Amortization Period	2 years 4 months 28 days	2 years 5 months 12 days

INTANGIBLE ASSETS, NET (Details

INTANGIBLE ASSETS, NET (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 31,941	$ 28,805	$ 91,964	$ 85,656

SCHEDULE OF PAYMENT OF PREFERRE

SCHEDULE OF PAYMENT OF PREFERRED STOCK (Details)	Sep. 30, 2021USD ($)$ / sharesshares
Convertible Preferred Stock Series H [Member]
Class of Stock [Line Items]
Number of Series H-6 Preferred Stock outstanding as of September 30, 2021 | shares	8
Multiplied by the stated value	$ 154
Equals the gross stated value | $	$ 1,232
Divided by the conversion price	$ 184.8
Equals the convertible shares of Company Common Stock | shares	7
Multiplied by the fair market value of Company Common Stock as of September 30, 2021	$ 3.41
Equals the payment | $	$ 24
Convertible Preferred Stock Series H-3 [Member]
Class of Stock [Line Items]
Number of Series H-6 Preferred Stock outstanding as of September 30, 2021 | shares	1,234
Multiplied by the stated value	$ 138
Equals the gross stated value | $	$ 170,292
Divided by the conversion price	$ 165.6
Equals the convertible shares of Company Common Stock | shares	1,028
Multiplied by the fair market value of Company Common Stock as of September 30, 2021	$ 3.41
Equals the payment | $	$ 3,505
Convertible Preferred Stock Series H-6 [Member]
Class of Stock [Line Items]
Number of Series H-6 Preferred Stock outstanding as of September 30, 2021 | shares	50
Multiplied by the stated value	$ 72
Equals the gross stated value | $	$ 3,600
Divided by the conversion price	$ 2.5
Equals the convertible shares of Company Common Stock | shares	1,440
Multiplied by the fair market value of Company Common Stock as of September 30, 2021	$ 3.41
Equals the payment | $	$ 4,910

SCHEDULE OF FAIR VALUE ASSUMPTI

SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS (Details) - September Warrants [Member]	Sep. 30, 2021$ / shares
Measurement Input, Expected Dividend Rate [Member]
Class of Warrant or Right [Line Items]
Fair value assumptions
Measurement Input, Risk Free Interest Rate [Member]
Class of Warrant or Right [Line Items]
Fair value assumptions	0.0030
Measurement Input, Share Price [Member]
Class of Warrant or Right [Line Items]
Fair value assumptions	2.90
Measurement Input, Offered Price [Member]
Class of Warrant or Right [Line Items]
Fair value assumptions	3.19
Measurement Input, Expected Term [Member]
Class of Warrant or Right [Line Items]
Fair value assumptions, term	5 years
Measurement Input, Price Volatility [Member]
Class of Warrant or Right [Line Items]
Fair value assumptions	1.02

SCHEDULE OF WARRANT ACTIVITY (D

SCHEDULE OF WARRANT ACTIVITY (Details)	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Equity [Abstract]
Shares Underlying Warrants Outstanding, Beginning | shares	3,501,014
Weighted Average Exercise Price Outstanding, Beginning | $ / shares	$ 8.03
Weighted Average Remaining Contractual Life, Beginning	2 years 10 months 13 days
Shares Underlying Warrants Granted | shares	3,873,711
Weighted Average Exercise Price Granted | $ / shares	$ 7.24
Shares Underlying Warrants Exercised | shares	(13,642)
Weighted Average Exercise Price Exercised | $ / shares	$ 7.33
Shares Underlying Warrants Expired | shares	(1,252,260)
Weighted Average Exercise Price Expired | $ / shares	$ 8.80
Shares Underlying Warrants Outstanding, Ending | shares	6,108,823
Weighted Average Exercise Price Outstanding, Ending | $ / shares	$ 7.37
Weighted Average Remaining Contractual Life, Ending	2 years 6 months 21 days

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Mar. 17, 2021	Feb. 28, 2021	Feb. 24, 2021	Feb. 24, 2021	Feb. 11, 2021	Jan. 25, 2021	Nov. 22, 2020	Sep. 25, 2020	Jul. 21, 2020	Jul. 06, 2020	Feb. 05, 2020	Dec. 31, 2020	Sep. 30, 2020	Jul. 31, 2020	Apr. 30, 2020	Jun. 17, 2020	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Jul. 22, 2020	Jul. 08, 2020	Jun. 19, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, par value												$ 0.0001					$ 0.0001			$ 0.0001			$ 0.0001		$ 0.0001
Cash proceeds																							$ 58,269,829	$ 28,790,995
Shares issued during conversion
Shares issued for exercised stock options, shares																	$ 282,083	$ 1,041,491	$ 183,425
Shares issued for exercised stock options																							555,004
Share based compensation																							$ 6,997,986	$ 475,175
Warrant exercise price												$ 8.03					$ 7.37			$ 8.03			$ 7.37		$ 8.03
Preferred stock, designated												20,000,000					20,000,000			20,000,000			20,000,000		20,000,000
Exercise of warrants																					$ 2,468,190	$ 515,338
Warrant outstanding												3,501,014					6,108,823			3,501,014			6,108,823		3,501,014
Expected volatility																								89.96%
Risk-free interest rate																								0.24%
Advisors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									1,037,496
Merger Sub [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									2,337,663
Value of common stock issued																									$ 3,060,740
Restricted Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Value of common stock issued																							$ 724,724
Restricted Stock [Member] | Long-Term Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									1,087,618
Weighted average price restricted stock												$ 5.27								$ 5.27					$ 5.27
Number of shares vested																							434,166
Share based compensation																	$ 2,990,493						$ 5,827,028
Share based compensation																							$ 2,684,371
Restricted Stock [Member] | 2020 Long-Term Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares vested																							1,158,891
Restricted Stock [Member] | Core IR [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued												15,000
Restricted Stock [Member] | Core IR [Member] | General and Administrative Expense [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Offering expenses																									$ 42,300
Restricted Stock [Member] | Directors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares vested													15,115
Number of restricted stock units													436,368
Restricted Stock [Member] | Directors [Member] | 2020 Long-Term Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of restricted stock units			172,000
Offering price			$ 7.66	$ 7.66
Restricted Stock [Member] | Director [Member] | 2020 Long-Term Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of restricted stock units				172,000
Offering price			$ 7.66	$ 7.66
Restricted Stock [Member] | Chief Executive Officer [Member] | 2020 Long-Term Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares vested																							434,166
Series H-3 Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	2,800						2,800
Warrant exercise price																	$ 165.60						$ 165.60
Warrants term																	5 years						5 years
Warrant outstanding																	2,800						2,800
AYRO Seed Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Offering expenses																							$ 0	$ 36,760
Warrants to purchase common stock																	461,647						461,647
Warrant exercise price																	$ 7.33						$ 7.33
Warrants term																	5 years						5 years
Exercise of warrants																							$ 100,000
Exercise of warrants, Shares																							13,642
Warrant outstanding																	448,005						448,005
Series I Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	14,636						14,636
Warrant exercise price																	$ 69						$ 69
Warrant outstanding																	14,636						14,636
Warrants description																							If at any time (i) the volume weighted average price (“VWAP”) of the Common Stock exceeds $138.00 for not less than the mandatory exercise measuring period; (ii) the daily average number of shares of Common Stock traded during the mandatory exercise measuring period equals or exceeds 25,000; and (iii) no equity conditions failure has occurred as of such date, then the Company shall have the right to require the holder to exercise all or any portion of the Series I Warrants.
Warrant weighted average exercise price																	$ 138						$ 138
Series H-4 Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	37,453						37,453
Warrant exercise price																	$ 15.60						$ 15.60
Warrant outstanding																	37,453						37,453
Anti-dilution price protection price per share																	$ 15.60						$ 15.60
Series J Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	52,023						52,023
Warrant exercise price																	$ 30						$ 30
Warrant outstanding																	52,023						52,023
Warrants description																							If at any time (i) the VWAP of the Common Stock exceeds $9.00 for not less than the mandatory exercise measuring period; (ii) the daily average number of shares of Common Stock traded during the mandatory exercise measuring period equals or exceeds 25,000; and (iii) no equity conditions failure has occurred as of such date, then the Company shall have the right to require the holder to exercise all or any portion of the Series J Warrants still unexercised for a cash exercise.
Exceeds warrant price per share																	$ 45						$ 45
Series H-5 Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	296,389						296,389
Warrant exercise price																	$ 2.50						$ 2.50
Warrants term																	5 years						5 years
Exercise of warrants, Shares																							173,091
Warrant outstanding																	348,476						348,476
Warrants description																							The H-5 Warrants are entitled to certain anti-dilution adjustments if the Company issues shares of its common stock at a lower price per share than the applicable exercise price (subject to a floor of $0.792 per share). An anti-dilution adjustment was triggered resulting in an adjusted exercise price per share from $3.96 to $2.50, resulting in an issuance of an additional 173,091 warrants that are exercisable at $2.50 per share.
Deemed dividend																							$ 432,727
Fair value of warrants																							967,143
Fair value of modification of orinigal award																							$ 534,416
Expected volatility																							89.96%
Dividend yield																							0.00%
Risk-free interest rate																							0.24%
Series I, H-1, H-3, H-4, J and H-5 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrant expiration description																							Warrants expire through the years 2022-2024
June Finder Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	27,273						27,273					27,273
Warrant exercise price																												$ 2.75
Warrants term																												5 years
June Placement Agent Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock												126,000								126,000					126,000			126,000
Warrant exercise price																												$ 2.875
July 8 Finder Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																	71,770						71,770				71,770
Warrant exercise price																											$ 5.225
July 8 Placement Agent Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																											147,368
Warrant exercise price																											$ 5.4625
Warrants term																											5 years
July 22 Placement Agent Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock																										129,500
Warrant exercise price																										$ 5.750
Warrants term																										5 years
September Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock								31,348
Share based compensation																				$ 66,845
Warrant exercise price								$ 3.19
Warrant outstanding																	31,348						31,348
Warrant expiration description								The September Warrant is immediately exercisable and expires on September 25, 2025.
Decrease in exercise price								$ 2.13
November Finder Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock							56,256
Warrant exercise price							$ 6.6660
Warrant outstanding																	56,256						56,256
November Placement Agent Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock							57,756										57,756						57,756
Warrant exercise price							$ 6.9690
Warrants description							The November Finder Warrants and November Placement Agent Warrants terminate after a period of 5 years on November 22, 2025.
February Finder Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock					15,574												51,459						51,459
Warrant exercise price					$ 10.925
February Placement Agent Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock					255,584												255,584						255,584
Warrants term					5 years
Series H-6 Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued														225,590
Shares issued during conversion, shares														7,833
Series H-3 Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									795
Preferred stock stated value																	$ 138						$ 138
Aggregate issued and outstanding shares percentage																	9.99%						9.99%
Series H Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred stock stated value																	$ 154						$ 154
Preferred stock, conversion price																							$ 184.80
Aggregate issued and outstanding shares percentage																	9.99%						9.99%
Series H-6 Convertible Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred stock stated value											$ 72
Preferred stock, conversion price											$ 3.60												$ 3.60
Aggregate issued and outstanding shares percentage											9.99%
Preferred stock, designated											50,000
Preferred stock, conversion price description											Each share of Series H-6 Preferred Stock is convertible at any time at the option of the holder thereof, into a number of shares of common stock of the Company determined by dividing the H-6 Stated Value by the initial conversion price of $3.60 per share, which was then further reduced to $2.50 under the anti-dilution adjustment provision, subject to a 9.99% blocker provision.
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									5,074,645
Shares issued during conversion, shares																						2,007,193
Warrants to purchase common stock												5,092,806								5,092,806					5,092,806
Cash proceeds																									$ 3,926,818
Shares issued during conversion																						$ 201
Shares issued for exercised stock options, shares																	$ 9	$ 39	$ 7
Shares issued for exercised stock options																	85,428	394,589	74,987
Exercise of warrants																					$ 254	$ 183
Exercise of warrants, Shares																					2,539,769	1,831,733
Common Stock [Member] | February Finder Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock					35,885
Warrant exercise price					$ 10.45
AYRO Seed Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									2,007,193
Shares issued during conversion, shares																									7,360,985
Preferred Stock [Member] | Series H-3 Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued during conversion, shares																									955
Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued					4,400,001		1,650,164
Proceeds from sale of common stock					$ 41,800,008	$ 20,000,004	$ 10,000,000		$ 1,512,500
Offering expenses					$ 3,394,054	$ 1,648,608	847,619
Shares issued for exercised stock options, shares		$ 13,642																					$ 555,004
Shares issued for exercised stock options		100,000																					1,506,999
Warrant exercise price						$ 6.93
Warrant purchase price						$ 233,334
Securities Purchase Agreement [Member] | January 2021 Offering [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued						3,333,334
Warrant exercise price						$ 6.93
Securities Purchase Agreement [Member] | Series A Warrants and Series B [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Value of common stock issued							$ 9,999,997
Securities Purchase Agreement [Member] | Series A Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock							1,237,624
Warrant exercise price							$ 8.09
Securities Purchase Agreement [Member] | Series B Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants to purchase common stock							825,084										825,084						825,084
Warrant exercise price							$ 8.90
Securities Purchase Agreement [Member] | Additional Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									420,000
Common stock, par value					$ 0.0001	0.0001	0.0001		$ 0.0001			$ 0.0001								$ 0.0001					$ 0.0001
Offering price					$ 9.50	$ 6	$ 6.06		$ 5			5								5					$ 5
Proceeds from sale of common stock																									$ 2,100,000
Offering expenses																									168,000
Purchase of additional shares description	(i) sell up to 5% of such stockholder’s holdings in the Company’s common stock on any trading day (with such 5% limitation to be measured as of the date of each sale) and (ii) allow for unlimited sales of the Company’s common stock for any sales made at $10.00 per share or greater.				Each purchaser was also granted an option to purchase, on or before February 16, 2022, additional shares of common stock equal to the full amount of 75% of the common stock it purchased at the initial closing, or an aggregate of 3,300,001 shares, at an exercise price of $11.50 per share.				Each purchaser also had the right to purchase, on or before October 19, 2020, additional shares of common stock (the “Additional Shares”) equal to the full amount of 75% of the common stock it purchased at the initial closing, or an aggregate of 1,387,500 shares, at an offering price of $5.00 per share.
Shares issued for exercised stock options, shares																									$ 6,817
Shares issued for exercised stock options																									16,669
Stock Purchase Agreements [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued																									1,573,218
Common stock, par value												$ 0.0001								$ 0.0001					$ 0.0001
Offering expenses																									$ 609,010
Cash proceeds																									$ 2,000,000
Investor [Member] | Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued					3,300,001
Number of stock sold									1,850,000	3,157,895						2,200,000
Common stock, par value									$ 0.0001	$ 0.0001						$ 0.0001
Offering price									$ 5	$ 4.75						$ 2.50
Proceeds from sale of common stock									$ 9,250,000	$ 15,000,000						$ 5,500,000
Offering expenses									$ 740,000	$ 1,249,200						$ 435,000
Investor [Member] | Securities Purchase Agreement [Member] | Additional Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Offering price					$ 11.50
Bridge Notes [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued															553,330
Value of common stock issued															$ 600,000
Convertible Bridge Notes [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued during conversion, shares																									1,030,585
Shares issued during conversion																									$ 1,000,000

SCHEDULE OF STOCK-BASED COMPENS

SCHEDULE OF STOCK-BASED COMPENSATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	$ 3,660,492	$ 167,769	$ 6,997,986	$ 475,175
Research And Development [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	18,786	15,873	62,980	47,618
Sales And Marketing [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	60,771	28,991	184,853	101,695
General And Administrative [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	$ 3,580,935	$ 122,905	$ 6,750,153	$ 325,862

SCHEDULE OF STOCK-BASED COMPE_2

SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY (Details) - $ / shares	1 Months Ended	9 Months Ended
	May 31, 2021	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock options outstanding, Beginning		1,920,269
Weighted average exercise price outstanding, Beginning		$ 4.40
Weighted average remaining contractual life, beginning		8 years 7 months 28 days
Number of Stock options Excercised		(555,004)
Weighted average exercise price excercised		$ 2.72
Number of Stock options forfeitures		(2,500)
Weighted average exercise price forfeitures		$ 2.52
Number of Stock options outstanding, Ending		1,362,765
Weighted average exercise price outstanding, Ending		$ 5.09
Weighted average remaining contractual life, ending		8 years 3 months 21 days
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Outstanding Beginning		1,072,503
Weighted Average Grant Price, Outstanding Beginning		$ 5.30
Number of shares, Granted		622,000
Weighted Average Grant Price, Granted		$ 3.91
Number of shares, Vested	(378,641)	(1,158,891)
Weighted Average Grant Price, Vested		$ 5.64
Number of shares, Forfeited	(42,612)	(42,612)
Weighted Average Grant Price, Forfeited		$ 3.17
Number of shares, Outstanding Ending		493,000
Weighted Average Grant Price, Outstanding Ending		$ 2.93

SCHEDULE OF STOCK-BASED PAYMENT

SCHEDULE OF STOCK-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS (Details)	9 Months Ended
	Sep. 30, 2020$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (years)	5 years
Risk-free interest	0.24%
Expected volatility	89.96%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total grant date fair value	$ 2.30
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total grant date fair value	$ 3.63

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details Narrative) - USD ($)	Feb. 24, 2021	May 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation				$ 3,660,492	$ 167,769	$ 6,997,986	$ 475,175
Restricted stock shares vested but not issued						$ 2,648,371
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate							89.96%
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options vested						904,531
Aggregate intrinsic value of stock options vested and exercisable				328,954		$ 328,954
Share-based Compensation				669,999	156,611	1,170,958	$ 427,258
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount				802,753		802,753
Restricted Stock [Member] | Thomas M Wittenschlaeger [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation						12,742
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount				$ 1,104,350		$ 1,104,350
Number of restricted stock units						450,000
Share price				$ 2.48		$ 2.48
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate						110.00%
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options available for grants						622,000
Number of shares, Vested		378,641				1,158,891
Number of shares, Forfeited		42,612				42,612
Share-based Payment Arrangement [Member] | Consulting Services [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrant expenses				$ 0	$ 0	$ 0	$ 36,760
2020 Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options available for grants						1,474,649
2014 Equity Incentive Plan [Member] | Drop Car Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved				141,326		141,326
Number of stock options available for grants						61,440
Number of stock options available for grants						0
2020 Long-Term Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options vested						1,158,891
Directors [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options vested			15,115
Share-based Compensation				$ 0		$ 699,528
Number of restricted stock units			436,368
Restricted stock vesting description			vest in December 2020, which was subsequently modified to vest in full in May 2021.
Directors [Member] | 2020 Long Term Incentive Plan [Member] | Drop Car Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved				4,089,650		4,089,650
Directors [Member] | 2020 Long-Term Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation				$ 329,380		$ 988,140
Share-based payment arrangement, nonvested award, option, cost not yet recognized, amount				329,380		329,380
Number of restricted stock units	172,000
Restricted stock vesting description	The shares vest 50% at June 30, 2021, 25% at September 30, 2021 and 25% at December 31, 2021.
Share price	$ 7.66
Keller Award [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation				$ 2,648,371		$ 4,126,618
Number of restricted stock units						651,250
Restricted stock vesting description						the following vesting schedule: one-third vested on May 28, 2021, one-third was to vest on December 4, 2021 and one-third was to vest on December 4, 2022.
Restricted stock shares vested but not issued						$ 434,166

CONCENTRATIONS AND CREDIT RISK

CONCENTRATIONS AND CREDIT RISK (Details Narrative)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Cost of Goods and Service, Product and Service Benchmark [Member] | Supplier Concentration Risk [Member] | One Supplier [Member]
Concentration Risk [Line Items]
Concentration risk percentage	56.00%	73.00%	51.00%	68.00%
Cost of Goods and Service, Product and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Two Supplier [Member]
Concentration Risk [Line Items]
Concentration risk percentage	16.00%	12.00%	11.00%	11.00%
One Customer [Member] | Sales Revenue [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk percentage	99.00%	84.00%	71.00%	84.00%
One Customer [Member] | Accounts Receivable [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk percentage			84.00%		74.00%
Two Customer [Member] | Sales Revenue [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk percentage	1.00%	13.00%	28.00%	15.00%
Two Customer [Member] | Accounts Receivable [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration risk percentage			13.00%		11.00%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Jul. 09, 2020	Dec. 31, 2017	Sep. 30, 2021	Dec. 31, 2020
Accounts payable			$ 15,000	$ 15,000
Additional deposit			100,000
Prepayment deposit			1,698,915	976,512
Cenntro Automotive Group [Member]
Accounts payable			$ 0	$ 44,594
Cenntro Automotive Group [Member] | Supply Chain Agreements [Member]
Payments to acquire property and equipment percentage		100.00%
Original term of contract description		Under a memo of understanding signed between the Company and Cenntro on March 22, 2020, the Company agreed to purchase 300 units within the following twelve months of signing the memo of understanding, and 500 and 800 in each of the following respective twelve-month periods.
Prepayment for inventory	$ 1,200,000
Common Stock [Member] | Cenntro Automotive Group [Member]
Equity method investment, ownership percentage		19.00%

SCHEDULE OF COMPONENTS OF LEASE

SCHEDULE OF COMPONENTS OF LEASE EXPENSE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating lease expense	$ 126,419	$ 61,196	$ 322,677	$ 168,260
Short-term lease expense	2,788	10,763	8,277	65,801
Total lease cost	$ 129,207	$ 71,959	$ 330,954	$ 234,061

SCHEDULE OF OPERATING LEASES RI

SCHEDULE OF OPERATING LEASES RIGHT OF USE ASSETS AND LIABILITIES (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating lease – right-of-use asset	$ 1,069,883	$ 1,098,819
Total lease assets	1,069,883	1,098,819
Lease obligation – operating lease	231,867	123,139
Lease obligation - operating lease, net of current portion	897,032	1,002,794
Total lease liability	$ 1,128,899	$ 1,125,933

SCHEDULE OF WEIGHTED-AVERAGE RE

SCHEDULE OF WEIGHTED-AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE (Details)	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Weighted average remaining lease term (in years) - operating lease	5 years 6 months
Weighted average discount rate - operating lease	10.41%

SCHEDULE OF CASH FLOW INFORMATI

SCHEDULE OF CASH FLOW INFORMATION (Details) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating cash flows for operating leases	$ 117,474	$ 57,163
Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets	$ 120,440	$ 1,210,680

SCHEDULE OF FUTURE MINIMUM RENT

SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
2021, remaining	$ 91,768
2022	306,691
2023	247,533
2024	254,277
2025	261,223
2026 and thereafter	313,307
Total minimum lease payments	1,474,799
Less effects of discounting	(345,900)
Present value of future minimum lease payments	$ 1,128,899	$ 1,125,933

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	Sep. 25, 2020	Jan. 02, 2019	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease remaining term			5 years 6 months		5 years 6 months
Lease liabilities			$ 1,128,899		$ 1,128,899		$ 1,125,933
Stock-based compensation					6,997,986	$ 475,175
Karma Automotive, LLC [Member] | First Production Level Builds [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Settlement of multiple employment disputes			60,520		90,780
DropCar Operating, Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Settlement of multiple employment disputes		$ 232,000
Accounts payable and accrued expenses			5,603		5,603
Legal fees					45,000
Plaintiff's counsel balance					45,000		$ 45,000
Prefunded liabilities			$ 186,000		$ 186,000
New Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease obligations				$ 131,408
Incremental borrowing rate for the lease				10.41%
Lease remaining term			5 years 6 months		5 years 6 months	9 months
Lease liabilities			$ 117,474		$ 117,474	$ 57,163
Master Manufacturing Services Agreement [Member] | Karma Automotive, LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract term	12 months
Stock-based compensation	$ 1,160,800
Master Manufacturing Services Agreement [Member] | Karma Automotive, LLC [Member] | Advisor [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payment of amount	66,845
Master Manufacturing Services Agreement [Member] | Karma Automotive, LLC [Member] | First Production Level Builds [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payment of amount	440,000
Master Manufacturing Services Agreement [Member] | Karma Automotive, LLC [Member] | Setup Costs [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payment of amount	$ 80,000