Arcimoto (FUVV) 10-Q 22 May 23 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 17, 2023
Document Information [Line Items]
Entity Central Index Key	0001558583
Entity Registrant Name	Arcimoto Inc
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-38213
Entity Incorporation, State or Country Code	OR
Entity Tax Identification Number	26-1449404
Entity Address, Address Line One	2034 West 2nd Avenue
Entity Address, City or Town	Eugene
Entity Address, State or Province	OR
Entity Address, Postal Zip Code	97402
City Area Code	541
Local Phone Number	683-6293
Title of 12(b) Security	Common stock, no par value
Trading Symbol	FUV
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		7,338,249

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 3,764,353	$ 462,753
Accounts receivable, net	66,763	262,643
Inventory	12,010,430	12,324,017
Prepaid inventory	1,424,058	1,439,060
Other current assets	1,614,352	1,594,218
Total current assets	18,879,956	16,082,691
Property and equipment, net	28,800,410	29,822,794
Intangible assets, net	8,834,190	9,045,290
Operating lease right-of-use assets	1,168,609	1,336,826
Security deposits	134,963	120,431
Total assets	57,818,128	56,408,032
Current liabilities:
Accounts payable	6,474,270	7,668,359
Accrued liabilities	1,004,325	455,808
Customer deposits	939,770	962,346
Mortgage loan	5,722,960	0
Short-term convertible note	0	5,639,231
Warrant liabilities	4,219,033	374,474
Finance lease liabilities, current	462,085	441,523
Current portion of equipment notes payable	356,622	388,940
Current portion of warranty reserve	559,517	519,889
Current portion of deferred revenue	105,431	207,556
Operating lease liabilities, current	615,703	666,542
Total current liabilities	20,459,716	17,324,668
Finance lease liabilities, long-term	1,160,851	858,488
Equipment notes payable	873,388	962,351
Convertible note issued to related party	4,070,100	4,887,690
Warranty reserve	282,667	264,748
Operating lease liabilities, long-term	621,679	744,142
Total long-term liabilities	7,008,685	7,717,419
Total liabilities	27,468,401	25,042,087
Commitments and contingencies (Note 12)
Stockholders' equity:
Common Stock, no par value, 200,000,000 shares authorized; 7,333,450 and 3,209,838 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	189,415,794	184,682,027
Additional paid-in capital	14,696,255	13,555,718
Accumulated deficit	(173,762,322)	(166,871,800)
Total stockholders' equity	30,349,727	31,365,945
Total liabilities and stockholders’ equity	57,818,128	56,408,032
Series A Preferred Stock [Member]
Stockholders' equity:
Preferred Stock	0	0
Series C Preferred Stock [Member]
Stockholders' equity:
Preferred Stock	0	0
Nondesignated Preferred Stock [Member]
Stockholders' equity:
Preferred Stock	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares $ / shares in Thousands	Mar. 31, 2023	Dec. 31, 2022
Preferred stock, authorized (in shares)	5,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	7,333,450	3,209,838
Common stock, shares outstanding (in shares)	7,333,450	3,209,838
Series A Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	1,500,000	1,500,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Series C Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	2,000,000	2,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Nondesignated Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	1,500,000	1,500,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue	$ 1,353,528	$ 650,233
Cost of goods sold	2,941,830	4,047,272
Gross loss	(1,588,302)	(3,397,039)
Operating expenses:
Research and development	1,015,773	3,906,585
Sales and marketing	1,434,542	2,926,505
General and administrative	3,212,670	2,698,953
Loss on disposal of asset	224,891	0
Total operating expenses	5,887,876	9,532,043
Loss from operations	(7,476,178)	(12,929,082)
Other (income) expense:
Interest expense	101,099	49,735
Unrealized gain on convertible note, mortgage loan and warrants	(4,685,644)	0
Other income, net	1,073,279	(25,259)
Loss on debt extinguishment	2,925,610	0
Total other (income) expense	(585,656)	24,476
Loss before income tax benefit	(6,890,522)	(12,953,558)
Income tax benefit	0	0
Net loss	$ (6,890,522)	$ (12,953,558)
Weighted average common shares - basic and diluted (in shares)	6,508,390	1,898,349
Net loss per common share - basic and diluted (in dollars per share)	$ (1.06)	$ (6.82)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Sales Agreement [Member] Common Stock [Member]	Sales Agreement [Member] Additional Paid-in Capital [Member]	Sales Agreement [Member] Retained Earnings [Member]	Sales Agreement [Member]	Purchase Agreements [Member] Common Stock [Member]	Purchase Agreements [Member] Additional Paid-in Capital [Member]	Purchase Agreements [Member] Retained Earnings [Member]	Purchase Agreements [Member]	Conversion of Convertible Notes Into Common Stock [Member] Common Stock [Member]	Conversion of Convertible Notes Into Common Stock [Member] Additional Paid-in Capital [Member]	Conversion of Convertible Notes Into Common Stock [Member] Retained Earnings [Member]	Conversion of Convertible Notes Into Common Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2021													1,882,180
Balance at Dec. 31, 2021													$ 150,502,566	$ 7,038,124	$ (103,992,402)	$ 53,548,288
Issuance of common stock for cash (in shares)	28,015
Issuance of common stock for cash	$ 3,713,650	$ 0	$ 0	$ 3,713,650
Exercise of stock options (in shares)													1,090			1,090
Exercise of stock options													$ 67,339	(14,274)	0	$ 53,065
Stock-based compensation													0	1,411,111	0	1,411,111
Net loss													$ 0	0	(12,953,558)	(12,953,558)
Balance (in shares) at Mar. 31, 2022													1,911,285
Balance at Mar. 31, 2022													$ 154,283,555	8,434,961	(116,945,960)	45,772,556
Balance (in shares) at Dec. 31, 2022													3,209,838
Balance at Dec. 31, 2022													$ 184,682,027	13,555,718	(166,871,800)	$ 31,365,945
Exercise of stock options (in shares)																0
Stock-based compensation													0	1,140,537	0	$ 1,140,537
Net loss													$ 0	0	(6,890,522)	(6,890,522)
Issuance of common stock and warrants for cash (in shares)													3,300,000
Issuance of common stock and warrants for cash, net of offering costs of $427,304					$ 3,621,197	$ 0	$ 0	$ 3,621,197
Issuance of common stock for partial payment of convertible note (in shares)									123,612
Issuance of common stock for partial payment of convertible note									$ 1,112,500		$ 0	$ 1,112,500
Exercise of warrants (in shares)													700,000
Exercise of warrants													$ 70		0	70
Balance (in shares) at Mar. 31, 2023													7,333,450
Balance at Mar. 31, 2023													$ 189,415,794	$ 14,696,255	$ (173,762,322)	$ 30,349,727

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
OPERATING ACTIVITIES
Net loss	$ (6,890,522)	$ (12,953,558)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	914,796	707,459
Non-cash operating lease costs	168,217	134,683
Interest expense paid in common stock	31,839	0
Debt issuance costs expensed - mortgage loan	600,000	0
Warrant issuance costs - expensed	505,796	0
Loss on debt extinguishment	2,925,610	0
Unrealized gain on convertible note, mortgage loan and warrants	(4,685,644)	0
Stock-based compensation	1,140,537	1,411,111
Loss on disposal of asset	224,891	0
Changes in operating assets and liabilities
Accounts receivable	195,880	3,727
Inventory	427,899	(1,130,621)
Prepaid inventory	15,002	(258,228)
Other current assets	(20,134)	(493,698)
Accounts payable	(1,194,816)	(1,328,013)
Accrued liabilities	548,517	288,628
Customer deposits	(22,576)	286,951
Operating lease liabilities	(173,302)	(136,165)
Warranty reserve	57,547	(2,496)
Deferred revenue	(102,125)	(850)
Net cash used in operating activities	(5,332,588)	(13,471,070)
INVESTING ACTIVITIES
Purchase of property and equipment	(7,939)	(1,485,565)
Refund from return of equipment	455,142	0
Security deposits	(14,532)	0
Net cash provided by (used in) investing activities	432,671	(1,485,565)
FINANCING ACTIVITIES
Proceeds from the sale of common stock and warrants	11,999,894	3,942,413
Payment of offering costs	(933,100)	(204,763)
Proceeds from the exercise of warrants	70	0
Proceeds from mortgage loan	5,500,000	0
Debt issuance costs - mortgage loan	(600,000)	0
Proceeds from the exercise of stock options	0	53,065
Payment on finance lease obligations	(144,066)	(98,189)
Payment of equipment notes	(121,281)	(119,927)
Proceeds from equipment notes	0	21,082
Payment of convertible note	(7,500,000)	0
Payment of notes payable	0	(379,950)
Net cash provided by financing activities	8,201,517	3,213,731
Net cash and cash equivalents (decrease)/increase for period	3,301,600	(11,742,904)
Cash and cash equivalents at beginning of period	462,753	16,971,320
Cash and cash equivalents at end of period	3,764,353	5,228,416
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for interest	45,305	53,948
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Accounts payable for purchase of property and equipment	727	317,630
Notes payable and accrued interest converted to common stock	1,112,500	0
Transfers from FUV Rental Fleet to Inventory	114,312	0
Equipment acquired through finance leases	$ 466,991	$ 0

Note 1 - Nature of Operations

Note 1 - Nature of Operations	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Nature of Operations [Text Block]	1: Arcimoto, Inc. (the “Company”) was incorporated in the State of Oregon on November 21, 2007. 16 one third one third two In February 2023, two February 17, 2023

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 2: 1 20 On November 11, 2022, 1 1 Going Concern The accompanying financial statements have been prepared on the basis that the Company is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company has incurred significant losses since inception and management expects losses to continue for the foreseeable future. In addition, the Company does not On January 14, 2022 October 4, 2022, January 18, 2023, one January 18, 2023, 90 50% January 18, 2023. 90 3 may 3 2023, 6 August 2023 six no May 19, 2023, 30 Management has evaluated these conditions and concluded that they raise substantial doubt about the Company’s ability to continue as a going concern for at least a period of one 1 fourth 2022 may 2 first 2023 March 2023; ( 3 4 may not no not The financial statements do not Basis of Presentation and Principles of Consolidation The accompanying unaudited consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information, and pursuant to the instructions to Form 10 not March 31, 2023, three March 31, 2023 2022 three March 31, 2023 2022. three March 31, 2023 not December 31, 2023. 10 December 31, 2022 10 April 14, 2023. The preparation of financial statements in conformity with U.S GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and its related disclosures. Actual amounts could differ materially from those estimates. The consolidated financial statements include the accounts of Arcimoto, Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated upon consolidation. Inventory Inventory is stated at the lower of cost (using the first first March 31, 2023 December 31, 2022 Raw materials $ 11,090,571 $ 11,491,555 Work in progress 125,714 — Finished goods 794,145 832,462 Total $ 12,010,430 $ 12,324,017 The Company is required to remit partial prepayments for some purchases of its inventories acquired from overseas vendors which are included in prepaid inventory. The Company is currently selling vehicles below the base cost of a finished unit. Accordingly, the Company expensed all labor and overhead as period costs and recorded an allowance to reduce certain inventories to net realizable value of approximately $1,102,000 and $1,280,000 as of March 31, 2023 December 31, 2022, three March 31, 2023 2022, Intangible Assets Intangible assets primarily consist of trade names/trademarks, proprietary technology, and customer relationships. They are amortized using the straight-line method over a period of 10 to 14 years. The Company assesses the recoverability of its finite-lived intangible assets when there are indications of potential impairment. Net Loss per Share The Company’s computation of loss per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as the loss available to common shareholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per-share basis of potential common shares (e.g., common stock warrants and common stock options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. Basic and diluted loss per common share is the same for all periods presented because all common stock warrants and common stock options outstanding were anti-dilutive. During the three March 31, 2023 2022, Three Months Ended March 31, 2023 2022 Options and other instruments under the 2012, 2015, and 2018 Plans to purchase common stock — 63,385 Conversion of convertible notes, if-converted method 56,818 — Total 56,818 63,385 Convertible Notes, Mortgage Loan and Warrants We have elected the fair value option under ASC 825 10 25 2 820, Accounting Pronouncements Recently Adopted In June 2016, No. 2016 13, 326 2016 13” not 842 2016 13 not not January 1, 2023. not

Note 3 - Property and Equipment

Note 3 - Property and Equipment	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 3: As of March 31, 2023 December 31, 2022, March 31, 2023 December 31, 2022 Land $ 4,743,526 $ 4,743,526 Buildings 8,006,474 8,006,474 Machinery and equipment 9,454,594 8,443,047 Fixed assets in process 7,598,164 8,569,163 Leasehold improvements 1,193,771 1,193,771 FUV fleet 884,367 1,089,888 FUV rental fleet 2,354,554 2,646,379 Computer equipment and software 226,915 226,915 Vehicles 748,707 748,707 Furniture and fixtures 52,007 52,007 Total property and equipment 35,263,079 35,719,877 Less: Accumulated depreciation (6,462,669 ) (5,897,083 ) Total $ 28,800,410 $ 29,822,794 Fixed assets in process are primarily comprised of building improvements that have not not Depreciation expense was approximately $704,000 and $497,000 during the three March 31, 2023 2022,

Note 4 - Intangible Assets

Note 4 - Intangible Assets	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	NOTE 4: The following table summarizes the Company’s intangible assets: March 31, 2023 Estimated Useful Life (Years) Gross Carrying Amount at March 31, 2023 Accumulated Amortization Net Book Value Tradename and trademarks 14 $ 2,052,000 $ (310,151 ) $ 1,741,849 Proprietary technology 13 $ 7,010,000 (1,161,914 ) 5,848,086 Customer relationships 10 $ 1,586,000 (341,745 ) 1,244,255 $ 10,648,000 $ (1,813,810 ) $ 8,834,190 December 31, 2022 Estimated Useful Life (Years) Gross Carrying Amount at December 31, 2022 Accumulated Amortization Net Book Value Tradename and trademarks 14 $ 2,052,000 $ (273,508 ) $ 1,778,492 Proprietary technology 13 7,010,000 (1,027,107 ) 5,982,893 Customer relationships 10 1,586,000 (302,095 ) 1,283,905 $ 10,648,000 $ (1,602,710 ) $ 9,045,290 Amortization expense was approximately $211,000 and $210,000 during the three March 31, 2023 2022,

Note 5 - Customer Deposits

Note 5 - Customer Deposits	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Customer Deposits [Text Block]	NOTE 5: The Company has received refundable customer pre-orders ranging from $100 to $500 per vehicle for purposes of securing a place in a line to order its utility vehicle. As of March 31, 2023 December 31, 2022, June 30, 2022, no March 31, 2023 December 31, 2022, The Company has also received approximately $92,000 and $112,000 of refundable deposits related to its TMW product line as of March 31, 2023 December 31, 2022, March 31, 2023 December 31, 2022, During the second 2022, March 31, 2023 December 31, 2022, As of March 31, 2023 December 31, 2022, March 31, 2023 December 31, 2022 not

Note 6 - Mortgage Loan

Note 6 - Mortgage Loan	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 6: On February 17, 2023, six six first six six 6 0% six 6 not first six 6 first six 6 no 2 820, $336,194. March 31, 2023, $5,722,960 March 31, 2023.

Note 7 - Equipment Notes Payabl

Note 7 - Equipment Notes Payable	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	NOTE 7: As of March 31, 2023, March 31, 2023 May 2023 May 2028. March 31, 2023 December 31, 2022,

Note 8 - Leases

Note 8 - Leases	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Leases, Lessee [Text Block]	NOTE 8: Operating Leases The Company has active operating lease arrangements for office space and production facilities. The Company is typically required to make fixed minimum rent payments relating to its right to use the underlying leased asset. In accordance with the adoption of ASC 842, January 1, 2022. The Company has lease agreements that contain both lease and non-lease components, which it has elected to account for as a single lease component when the payments are fixed. As such, variable lease payments not not The Company’s lease agreements do not The components of operating lease expense recorded in the condensed consolidated statements of operations were as follows: Three Months Ended March 31, 2023 2022 Operating lease cost $ 195,808 $ 172,465 Short-term lease cost 42,679 17,731 Total lease cost $ 238,487 $ 190,196 Variable lease cost for the three March 31, 2023 2022 not Right of use assets and lease liabilities for operating leases were recorded in the condensed consolidated balance sheets as follows: March 31, 2023 December 31, 2022 Operating lease right-of-use assets $ 1,168,609 $ 1,336,826 Operating lease liabilities, current $ 615,703 $ 666,542 Operating lease liabilities, long-term 621,679 744,142 Total operating lease liabilities $ 1,237,382 $ 1,410,684 The weighted-average remaining lease term for operating leases was 2.17 years and the weighted-average incremental borrowing rate was 8.7% as of March 31, 2023. Supplemental cash flow information related to the Company’s operating leases was as follows: Three Months Ended March 31, 2023 2022 Cash paid for amounts included in the measurement of operating lease liabilities $ 200,893 $ 173,509 As of March 31, 2023, 2023 (Remainder) $ 555,394 2024 511,786 2025 230,858 2026 58,433 2027 — Thereafter — Total minimum lease payments 1,356,471 Less: imputed interest (119,089 ) Total $ 1,237,382 Finance Leases As of March 31, 2023, March 31, 2023 June 2023 February 2028 March 31, 2023. March 31, 2023 December 31, 2022, Right of use assets and lease liabilities for finance leases were recorded in the condensed consolidated balance sheets as follows: March 31, 2023 December 31, 2022 Property and equipment, net $ 1,894,305 $ 2,672,177 Finance lease liabilities, current $ 462,085 $ 441,523 Finance lease liabilities, long-term 1,160,851 858,488 Total finance lease liabilities $ 1,622,936 $ 1,300,011 The weighted-average remaining lease term for finance leases was 3.66 years and the weighted-average incremental borrowing rate was 4.66% as of March 31, 2023. Supplemental cash flow information related to the Company’s finance leases was as follows: Three Months Ended March 31, 2023 2022 Operating cash flows from finance leases $ (19,306 ) $ (15,275 ) Financing cash flows from finance leases $ (144,066 ) $ (98,189 ) Amortization and interest expense information related to the Company’s finance leases was as follows: Three Months Ended March 31, 2023 2022 Amortization expense $ 56,211 $ 44,962 Interest expense $ 19,306 $ 15,275 As of March 31, 2023, 2023 (Remainder) $ 427,795 2024 463,547 2025 463,547 2026 327,444 2027 110,937 Thereafter 18,490 Total minimum lease payments $ 1,811,760 Less: imputed interest (188,824 ) Total $ 1,622,936

Note 9 - Convertible Notes

Note 9 - Convertible Notes	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Convertible Debt [Text Block]	NOTE 9: $4,500,000 "April 2022 On April 25, 2022, 2022 April 2022 five (i) The Creditor has the option to convert the promissory note at any time prior to the maturity date, in full or in part, into the number of shares of common stock ("Common Stock"), no may thirty 4.5 none x 4 x 4. 10 10 Arcimoto has elected to measure the note at fair value. In estimating the fair value of this debt, a binomial lattice model was used. The required inputs include the risk-free rate, the Company's stock volatility, stock price on valuation date, and a risk premium. The note's fair value measurement is classified as Level 2 820, three March 31, 2023. March 31, 2023 December 31, 2022, $10,000,000 "September 2022 On August 31, 2022, third 3, Under the SPA, Arcimoto authorized the issuance of one second On September 1, 2022 ( one “September 2022 September 2022 September 1, 2024. four September 2022 six 2 September 2022 The Warrants are exercisable at any time or times on or after the six one fifth The net proceeds of $9,400,000 (after discount) are bifurcated between the Warrants and the September 2022 September 2022 2 820, three March 31, 2023. January 23, 2023 September 2022 December 31, 2022. The Warrants are recorded at fair value on September 1, 2022 three March 31, 2023. March 31, 2023 December 31, 2022,

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Equity [Text Block]	NOTE 10: EQUITY Preferred Stock The Company is authorized to issue 5,000,000 shares of preferred stock, no par value, of which 1,500,000 shares were designated as Series A- 1 The Series A- 1 1 1 not 1 1 Except as otherwise required by law or expressly provided in the Company’s Second Amended and Restated Articles of Incorporation, as amended, each share of Class C Preferred Stock has one not not As of March 31, 2023 December 31, 2022, Common Stock The Company has reserved a total of 363,577 and 378,296 shares of its common stock pursuant to the equity incentive plans (see Note 11 March 31, 2023 December 31, 2022, March 31, 2023 December 31, 2022, The Company has no shares and 25,000 shares of its common stock reserved for warrants issued outside of the equity incentive plans as of March 31, 2023 December 31, 2022, Exercise of Stock Options and Warrants A total of 1,090 employee options, with exercise prices ranging from $34.20 to $50.00 per share were exercised for total proceeds to the Company of $53,065 during the three March 31, 2022. three March 31, 2023. A total of 700,000 warrants were exercised with an exercise price of $0.0001 per share for total proceeds to the Company of $70 three March 31, 2023. three March 31, 2022. Offerings of Common Stock and Warrants On January 18, 2023, The Pre-Funded Warrants are immediately exercisable subject to certain ownership limitations, have an exercise price of $0.0001 per share, and may fifth Both the Pre-Funded and Common Warrants contain provisions that regarding settlement in the event of a fundamental transaction that calculate the fair value of the warrants using a prespecified volatility assumption that was not The Pre-Funded Warrants are recorded at fair value on January 18, 2023 January 18, 2023 $4,127,057 March 31, 2023 March 31, 2023. The offering resulted in gross proceeds to the Company of approximately $12 million. The net proceeds to the Company from the offering were approximately $11 million, after deducting placement agent fees and other expenses. The Company used $7,500,000 of the net proceeds from the offering to repay the September 2022 9 On January 14, 2022, may We issued and sold 28,015 shares of common stock during the three March 31, 2022, no three March 31, 2023 one 2.

Note 11 - Stock-based Payments

Note 11 - Stock-based Payments	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 11: The Company has common stock, common stock units, and common stock purchase options and warrants reserved pursuant to the 2022 "2022 2018 “2018 2015 “2015 Stock-based compensation, including stock options, warrants and stock issued for compensation and services is included in the condensed consolidated statements of operations as follows: Three Months Ended March 31, 2023 2022 General and administrative $ 445,302 $ 405,344 Cost of goods sold 318,886 394,427 Sales and marketing 220,214 281,440 Research and development 156,135 329,900 Total $ 1,140,537 $ 1,411,111 2022 On July 29, 2022, 2022 may The 2022 not three March 31, 2023, no March 31, 2023. 2022 Stock-based compensation expense under the 2022 three March 31, 2023 2022 none, 2018 The 2018 2018 June 9, 2018. 2019 2018 April 20, 2020, June 20, 2020, June 11, 2021, The 2018 not March 31, 2023, 2018 2022 no 2018 Stock-based compensation expense under the 2018 three March 31, 2023 2022 During the first 2022, 2018 three During the first 2022, No options were granted or restricted stock issued during the first 2023 2018 Total compensation cost related to non-vested awards issued under the 2018 not March 31, 2023 July 2025 2015 The 2015 2015 2022 no 2015 March 31, 2023, Employee stock-based compensation expense for the three March 31, 2023 2022 2015 Total compensation cost related to non-vested awards not March 31, 2023 May 2023

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 12: Litigation From time to time, the Company might become involved in lawsuits, claims, investigations, proceedings, and threats of litigation relating to intellectual property, commercial arrangements and other matters arising in the ordinary course of our business. The Company has an accounting policy to record an accrual of legal costs on the basis of an estimate of future legal costs. As of March 31, 2023

Note 13 - Related Party Transac

Note 13 - Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 13: Arcimoto may, three March 31, 2023 not may first 2023, not March 31, 2023. On April 25, 2022, 9

Note 14 - Segment Reporting

Note 14 - Segment Reporting	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 14: Arcimoto has three two three The reportable segments were identified based on how the Chief Operations Decision Maker (“CODM”), which in the Company’s case, is the Chief Executive Officer (“CEO”), allocates resources to the various operations. The following tables disclose the financial information used by the CODM in allocating Arcimoto’s resources. March 31, 2023 FUV Rental TMW Total Revenues $ 1,098,252 $ 31,073 $ 224,203 $ 1,353,528 Operating loss $ (7,054,848 ) $ (272,643 ) $ (148,687 ) $ (7,476,178 ) Unrealized gain on convertible note, mortgage loan and warrants (4,685,644 ) Interest expense, net 101,099 Loss on debt extinguishment 2,925,610 Other expense, net 1,073,279 Net loss $ (6,890,522 ) March 31, 2022 FUV Rental TMW Total Revenues $ 515,317 $ 12,499 $ 122,417 $ 650,233 Operating loss $ (12,202,326 ) $ (427,366 ) $ (299,390 ) $ (12,929,082 ) Interest expense, net 49,735 Other income, net (25,259 ) Net loss $ (12,953,558 )

Note 15 - Subsequent Events

Note 15 - Subsequent Events	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 15: The Company evaluates subsequent events that have occurred after the balance sheet date but before the condensed consolidated financial statements are issued. There are two 1 2 not The Company has evaluated subsequent events through the date the condensed consolidated financial statements were issued and up to the time of filing with the Securities and Exchange Commission. The discussions that follow reflect this evaluation. On May 3, 2023 third third third not third third

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Stockholders' Equity, Policy [Policy Text Block]	1 20 On November 11, 2022, 1 1
Going Concern [Policy Text Block]	Going Concern The accompanying financial statements have been prepared on the basis that the Company is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company has incurred significant losses since inception and management expects losses to continue for the foreseeable future. In addition, the Company does not On January 14, 2022 October 4, 2022, January 18, 2023, one January 18, 2023, 90 50% January 18, 2023. 90 3 may 3 2023, 6 August 2023 six no May 19, 2023, 30 Management has evaluated these conditions and concluded that they raise substantial doubt about the Company’s ability to continue as a going concern for at least a period of one 1 fourth 2022 may 2 first 2023 March 2023; ( 3 4 may not no not The financial statements do not
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation and Principles of Consolidation The accompanying unaudited consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information, and pursuant to the instructions to Form 10 not March 31, 2023, three March 31, 2023 2022 three March 31, 2023 2022. three March 31, 2023 not December 31, 2023. 10 December 31, 2022 10 April 14, 2023. The preparation of financial statements in conformity with U.S GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and its related disclosures. Actual amounts could differ materially from those estimates. The consolidated financial statements include the accounts of Arcimoto, Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated upon consolidation.
Inventory, Policy [Policy Text Block]	Inventory Inventory is stated at the lower of cost (using the first first March 31, 2023 December 31, 2022 Raw materials $ 11,090,571 $ 11,491,555 Work in progress 125,714 — Finished goods 794,145 832,462 Total $ 12,010,430 $ 12,324,017 The Company is required to remit partial prepayments for some purchases of its inventories acquired from overseas vendors which are included in prepaid inventory. The Company is currently selling vehicles below the base cost of a finished unit. Accordingly, the Company expensed all labor and overhead as period costs and recorded an allowance to reduce certain inventories to net realizable value of approximately $1,102,000 and $1,280,000 as of March 31, 2023 December 31, 2022, three March 31, 2023 2022,
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Intangible Assets Intangible assets primarily consist of trade names/trademarks, proprietary technology, and customer relationships. They are amortized using the straight-line method over a period of 10 to 14 years. The Company assesses the recoverability of its finite-lived intangible assets when there are indications of potential impairment.
Earnings Per Share, Policy [Policy Text Block]	Net Loss per Share The Company’s computation of loss per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as the loss available to common shareholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per-share basis of potential common shares (e.g., common stock warrants and common stock options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. Basic and diluted loss per common share is the same for all periods presented because all common stock warrants and common stock options outstanding were anti-dilutive. During the three March 31, 2023 2022, Three Months Ended March 31, 2023 2022 Options and other instruments under the 2012, 2015, and 2018 Plans to purchase common stock — 63,385 Conversion of convertible notes, if-converted method 56,818 — Total 56,818 63,385
Debt, Policy [Policy Text Block]	Convertible Notes, Mortgage Loan and Warrants We have elected the fair value option under ASC 825 10 25 2 820,
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Pronouncements Recently Adopted In June 2016, No. 2016 13, 326 2016 13” not 842 2016 13 not not January 1, 2023. not

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, 2023 December 31, 2022 Raw materials $ 11,090,571 $ 11,491,555 Work in progress 125,714 — Finished goods 794,145 832,462 Total $ 12,010,430 $ 12,324,017
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended March 31, 2023 2022 Options and other instruments under the 2012, 2015, and 2018 Plans to purchase common stock — 63,385 Conversion of convertible notes, if-converted method 56,818 — Total 56,818 63,385

Note 3 - Property and Equipme_2

Note 3 - Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	March 31, 2023 December 31, 2022 Land $ 4,743,526 $ 4,743,526 Buildings 8,006,474 8,006,474 Machinery and equipment 9,454,594 8,443,047 Fixed assets in process 7,598,164 8,569,163 Leasehold improvements 1,193,771 1,193,771 FUV fleet 884,367 1,089,888 FUV rental fleet 2,354,554 2,646,379 Computer equipment and software 226,915 226,915 Vehicles 748,707 748,707 Furniture and fixtures 52,007 52,007 Total property and equipment 35,263,079 35,719,877 Less: Accumulated depreciation (6,462,669 ) (5,897,083 ) Total $ 28,800,410 $ 29,822,794

Note 4 - Intangible Assets (Tab

Note 4 - Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	March 31, 2023 Estimated Useful Life (Years) Gross Carrying Amount at March 31, 2023 Accumulated Amortization Net Book Value Tradename and trademarks 14 $ 2,052,000 $ (310,151 ) $ 1,741,849 Proprietary technology 13 $ 7,010,000 (1,161,914 ) 5,848,086 Customer relationships 10 $ 1,586,000 (341,745 ) 1,244,255 $ 10,648,000 $ (1,813,810 ) $ 8,834,190 December 31, 2022 Estimated Useful Life (Years) Gross Carrying Amount at December 31, 2022 Accumulated Amortization Net Book Value Tradename and trademarks 14 $ 2,052,000 $ (273,508 ) $ 1,778,492 Proprietary technology 13 7,010,000 (1,027,107 ) 5,982,893 Customer relationships 10 1,586,000 (302,095 ) 1,283,905 $ 10,648,000 $ (1,602,710 ) $ 9,045,290

Note 8 - Leases (Tables)

Note 8 - Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended March 31, 2023 2022 Operating lease cost $ 195,808 $ 172,465 Short-term lease cost 42,679 17,731 Total lease cost $ 238,487 $ 190,196
Operating Lease, Assets and Liabilities [Table Text Block]	March 31, 2023 December 31, 2022 Operating lease right-of-use assets $ 1,168,609 $ 1,336,826 Operating lease liabilities, current $ 615,703 $ 666,542 Operating lease liabilities, long-term 621,679 744,142 Total operating lease liabilities $ 1,237,382 $ 1,410,684
Operating Lease, Supplemental Cash Flow [Table Text Block]	Three Months Ended March 31, 2023 2022 Cash paid for amounts included in the measurement of operating lease liabilities $ 200,893 $ 173,509
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	2023 (Remainder) $ 555,394 2024 511,786 2025 230,858 2026 58,433 2027 — Thereafter — Total minimum lease payments 1,356,471 Less: imputed interest (119,089 ) Total $ 1,237,382
Finance Lease, Assets and Liabilities, Lessee [Table Text Block]	March 31, 2023 December 31, 2022 Property and equipment, net $ 1,894,305 $ 2,672,177 Finance lease liabilities, current $ 462,085 $ 441,523 Finance lease liabilities, long-term 1,160,851 858,488 Total finance lease liabilities $ 1,622,936 $ 1,300,011
Finance Lease, Supplemental Cash Flow [Table Text Block]	Three Months Ended March 31, 2023 2022 Operating cash flows from finance leases $ (19,306 ) $ (15,275 ) Financing cash flows from finance leases $ (144,066 ) $ (98,189 )
Finance Leases, Depreciation and Interest Expense [Table Text Block]	Three Months Ended March 31, 2023 2022 Amortization expense $ 56,211 $ 44,962 Interest expense $ 19,306 $ 15,275
Finance Lease, Liability, to be Paid, Maturity [Table Text Block]	2023 (Remainder) $ 427,795 2024 463,547 2025 463,547 2026 327,444 2027 110,937 Thereafter 18,490 Total minimum lease payments $ 1,811,760 Less: imputed interest (188,824 ) Total $ 1,622,936

Note 11 - Stock-based Payments

Note 11 - Stock-based Payments (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended March 31, 2023 2022 General and administrative $ 445,302 $ 405,344 Cost of goods sold 318,886 394,427 Sales and marketing 220,214 281,440 Research and development 156,135 329,900 Total $ 1,140,537 $ 1,411,111

Note 14 - Segment Reporting (Ta

Note 14 - Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	FUV Rental TMW Total Revenues $ 1,098,252 $ 31,073 $ 224,203 $ 1,353,528 Operating loss $ (7,054,848 ) $ (272,643 ) $ (148,687 ) $ (7,476,178 ) Unrealized gain on convertible note, mortgage loan and warrants (4,685,644 ) Interest expense, net 101,099 Loss on debt extinguishment 2,925,610 Other expense, net 1,073,279 Net loss $ (6,890,522 ) FUV Rental TMW Total Revenues $ 515,317 $ 12,499 $ 122,417 $ 650,233 Operating loss $ (12,202,326 ) $ (427,366 ) $ (299,390 ) $ (12,929,082 ) Interest expense, net 49,735 Other income, net (25,259 ) Net loss $ (12,953,558 )

Note 1 - Nature of Operations (

Note 1 - Nature of Operations (Details Textual)	Feb. 17, 2023 USD ($)
Secured Debt [Member] | HRE FUV Lending, LLC [Member]
Debt Instrument, Face Amount	$ 6,000,000

Note 2 - Summary of Significa_3

Note 2 - Summary of Significant Accounting Policies (Details Textual)						3 Months Ended
	Feb. 17, 2023 USD ($)	Jan. 18, 2023 USD ($)	Nov. 11, 2022	Oct. 04, 2022 USD ($)	Jan. 14, 2022 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	May 19, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 01, 2022 USD ($)	Apr. 25, 2022 USD ($)
Inventory Valuation Reserves						$ 1,102,000			$ 1,280,000
Labor and Overhead Expense						$ 1,620,000	$ 3,050,000
Senior Secured Convertible Note [Member]
Debt Instrument, Face Amount										$ 10,000,000
Debt Instrument, Unamortized Discount, Total										$ 600,000
Debt Instrument, Interest Rate, Stated Percentage										15%
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)						10 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)						14 years
Subsequent Event [Member]
Accounts Payable								$ 6,700,000
Ducera Investments LLC [Member] | Convertible Promissory Note [Member]
Debt Instrument, Face Amount											$ 4,500,000
Debt Instrument, Interest Rate, Stated Percentage											10%
Secured Debt [Member] | HRE FUV Lending, LLC [Member]
Debt Instrument, Face Amount	$ 6,000,000
Debt Instrument, Unamortized Discount, Total	$ 600,000
Debt Instrument, Interest Rate, Stated Percentage	20%
Debt Instrument, Extension Period (Month)	6 months
Debt Instrument, Fee Amount of Extension	$ 300,000
At-the-market Offering [Member]
Equity Distribution, Maximum Amount					$ 100,000,000
Equity Line of Credit [Member]
Equity Distribution, Maximum Amount				$ 50,000,000
Proceeds from Issuance of Private Placement		$ 12,000,000
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio			20

Note 2 - Summary of Significa_4

Note 2 - Summary of Significant Accounting Policies - Inventory (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Raw materials	$ 11,090,571	$ 11,491,555
Work in progress	125,714	0
Finished goods	794,145	832,462
Total	$ 12,010,430	$ 12,324,017

Note 2 - Summary of Significa_5

Note 2 - Summary of Significant Accounting Policies - Anti-dilutive Securities (Details) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive securities (in shares)	56,818	63,385
Share-Based Payment Arrangement, Option [Member]
Antidilutive securities (in shares)	0	63,385
Convertible Debt Securities [Member]
Antidilutive securities (in shares)	56,818	0

Note 3 - Property and Equipme_3

Note 3 - Property and Equipment (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Depreciation	$ 704,000	$ 497,000

Note 3 - Property and Equipme_4

Note 3 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Property and equipment, gross	$ 35,263,079	$ 35,719,877
Less: Accumulated depreciation	(6,462,669)	(5,897,083)
Total	28,800,410	29,822,794
Land [Member]
Property and equipment, gross	4,743,526	4,743,526
Building [Member]
Property and equipment, gross	8,006,474	8,006,474
Machinery and Equipment [Member]
Property and equipment, gross	9,454,594	8,443,047
Fixed Assets in Process [Member]
Property and equipment, gross	7,598,164	8,569,163
Leasehold Improvements [Member]
Property and equipment, gross	1,193,771	1,193,771
FUV Fleet [Member]
Property and equipment, gross	884,367	1,089,888
FUV Rental Fleet [MEmber]
Property and equipment, gross	2,354,554	2,646,379
Computer Equipment [Member]
Property and equipment, gross	226,915	226,915
Vehicles [Member]
Property and equipment, gross	748,707	748,707
Furniture and Fixtures [Member]
Property and equipment, gross	$ 52,007	$ 52,007

Note 4 - Intangible Assets (Det

Note 4 - Intangible Assets (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Amortization of Intangible Assets	$ 211,000	$ 210,000

Note 4 - Intangible Assets - Sc

Note 4 - Intangible Assets - Schedule of Finite Lived Intangible Assets (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Gross carrying amount	$ 10,648,000	$ 10,648,000
Accumulated amortization	(1,813,810)	(1,602,710)
Net book value	$ 8,834,190	$ 9,045,290
Trademarks and Trade Names [Member]
Estimated useful life (Year)	14 years	14 years
Gross carrying amount	$ 2,052,000	$ 2,052,000
Accumulated amortization	(310,151)	(273,508)
Net book value	$ 1,741,849	$ 1,778,492
Patented Technology [Member]
Estimated useful life (Year)	13 years	13 years
Gross carrying amount	$ 7,010,000	$ 7,010,000
Accumulated amortization	(1,161,914)	(1,027,107)
Net book value	$ 5,848,086	$ 5,982,893
Customer Relationships [Member]
Estimated useful life (Year)	10 years	10 years
Gross carrying amount	$ 1,586,000	$ 1,586,000
Accumulated amortization	(341,745)	(302,095)
Net book value	$ 1,244,255	$ 1,283,905

Note 5 - Customer Deposits (Det

Note 5 - Customer Deposits (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2023	Jun. 30, 2022	Dec. 31, 2022	Mar. 31, 2022
Customer Deposit Per Order		$ 500		$ 2,500
Contract with Customer, Liability, Customer Deposit, Current	$ 939,770		$ 962,346
Approximate [Member]
Contract with Customer, Liability, Customer Deposit, Current	939,700		962,300
TMW Product Line [Member]
Contract with Customer, Liability, Current	92,000		112,000
Contract with Customer, Liability, Customer Deposit, Current	33,600		51,400
Retail Production Vehicles [Member]
Contract with Customer, Liability, Current	405,600		410,000
Contract with Customer, Liability, Customer Deposit, Current	287,400		268,300
Mean-Lean-Machine [Member]
Customer Deposits Per Vehicle		$ 100
Contract with Customer, Liability, Customer Deposit, Current	121,100		$ 120,600
Minimum [Member] | Retail Production Vehicles [Member]
Customer Deposits Per Vehicle	100
Maximum [Member] | Retail Production Vehicles [Member]
Customer Deposits Per Vehicle	$ 500

Note 6 - Mortgage Loan (Details

Note 6 - Mortgage Loan (Details Textual) - Secured Debt [Member] - HRE FUV Lending, LLC [Member] - USD ($)	Feb. 17, 2023	Mar. 31, 2023
Debt Instrument, Face Amount	$ 6,000,000
Debt Instrument, Term (Month)	6 months
Debt Instrument, Extension Period (Month)	6 months
Debt Instrument, Interest Rate, Stated Percentage	20%
Debt Instrument, Interest Rate, If Repaid in Full Within 6 Months	10%
Debt Instrument, Interest Rate, Extension Period	0%
Debt Instrument, Fee Amount	$ 600,000
Debt Instrument, Fee Amount of Extension	300,000
Debt Instrument, Extension, Minimum Interest Paid	600,000
Debt Instrument, Extension, Minimum Interest Paid, If Repaid Within 6 Months	300,000
Debt Instrument, Holdback Amount	$ 500,000
Debt Instrument, Fair Value Disclosure		$ 113,234

Note 7 - Equipment Notes Paya_2

Note 7 - Equipment Notes Payable (Details Textual) - Equipment Financing Notes Payable [Member] - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument, Face Amount	$ 2,001,000
Debt Instrument, Periodic Payment, Total	44,600
Long-Term Debt	1,230,000	$ 1,351,000
Minimum [Member]
Debt Instrument, Periodic Payment, Total	$ 300
Debt Instrument, Term (Month)	60 months
Debt Instrument, Interest Rate, Stated Percentage	1.99%
Maximum [Member]
Debt Instrument, Periodic Payment, Total	$ 12,000
Debt Instrument, Term (Month)	72 months
Debt Instrument, Interest Rate, Stated Percentage	9.90%

Note 8 - Leases (Details Textua

Note 8 - Leases (Details Textual) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Operating Lease, Weighted Average Remaining Lease Term (Year)	2 years 2 months 1 day
Operating Lease, Weighted Average Discount Rate, Percent	8.70%
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	$ 2,999,000
Lessee, Finance Lease, Monthly Payments	61,000
Property, Plant and Equipment, Net	28,800,410	$ 29,822,794
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	6,462,669	5,897,083
Finance Lease, Liability	$ 1,622,936	$ 1,300,011
Finance Lease, Weighted Average Remaining Lease Term (Year)	3 years 7 months 28 days
Finance Lease, Weighted Average Discount Rate, Percent	4.66%
Underlying Assets To Secure Finance Lease [Member]
Property, Plant and Equipment, Net	$ 3,180,312
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	1,286,007
Minimum [Member]
Lessee, Finance Lease, Monthly Payments	$ 1,500
Lessee, Finance Lease, Term of Contract (Year)	48 years
Lessee, Finance Lease, Discount Rate	2.67%
Maximum [Member]
Lessee, Finance Lease, Monthly Payments	$ 14,000
Lessee, Finance Lease, Term of Contract (Year)	60 months
Lessee, Finance Lease, Discount Rate	8.51%

Note 8 - Leases - Lease Expense

Note 8 - Leases - Lease Expenses (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating lease cost	$ 195,808	$ 172,465
Short-term lease cost	42,679	17,731
Total lease cost	$ 238,487	$ 190,196

Note 8 - Leases - Right of Use

Note 8 - Leases - Right of Use Assets and Lease Liabilities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Operating lease right-of-use assets	$ 1,168,609	$ 1,336,826
Operating lease liabilities, current	615,703	666,542
Operating lease liabilities, long-term	621,679	744,142
Total operating lease liabilities	$ 1,237,382	$ 1,410,684

Note 8 - Leases - Supplemental

Note 8 - Leases - Supplemental Cash Flow Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash paid for amounts included in the measurement of operating lease liabilities	$ 200,893	$ 173,509

Note 8 - Leases - Minimum Lease

Note 8 - Leases - Minimum Lease Payments of Operating Lease (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
2023 (Remainder)	$ 555,394
2024	511,786
2025	230,858
2026	58,433
2027	0
Thereafter	0
Total minimum lease payments	1,356,471
Less: imputed interest	(119,089)
Total	$ 1,237,382	$ 1,410,684

Note 8 - Leases - Financing Lea

Note 8 - Leases - Financing Leases (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Finance lease liabilities, current	$ 462,085	$ 441,523
Finance lease liabilities, long-term	1,160,851	858,488
Total finance lease liabilities	1,622,936	1,300,011
Property and Equipment, Net [Member]
Property and equipment, net	$ 1,894,305	$ 2,672,177

Note 8 - Leases - Finance Lease

Note 8 - Leases - Finance Lease Supplemental Cash Flow Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating cash flows from finance leases	$ (19,306)	$ (15,275)
Financing cash flows from finance leases	$ (144,066)	$ (98,189)

Note 8 - Leases - Depreciation

Note 8 - Leases - Depreciation and Interest Expense Lease Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Amortization expense	$ 56,211	$ 44,962
Interest expense	$ 19,306	$ 15,275

Note 8 - Leases - Minimum Lea_2

Note 8 - Leases - Minimum Lease Payments of Financing Leases (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
2023 (Remainder)	$ 427,795
2024	463,547
2025	463,547
2026	327,444
2027	110,937
Thereafter	18,490
Total minimum lease payments	1,811,760
Less: imputed interest	(188,824)
Finance Lease, Liability	$ 1,622,936	$ 1,300,011

Note 9 - Convertible Notes (Det

Note 9 - Convertible Notes (Details Textual) - USD ($)				3 Months Ended
	Jan. 23, 2023	Sep. 01, 2022	Apr. 25, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Aug. 31, 2022
Fair Value, Debt Instrument, Valuation Techniques, Change in Technique, Quantification of Effect				$ 4,685,644	$ 0
Convertible Debt, Noncurrent				$ 4,070,100		$ 4,887,690
Common Stock, No Par Value (in dollars per share)				$ 0		$ 0
Gain (Loss) on Extinguishment of Debt				$ (2,925,610)	$ 0
Convertible Debt, Current				0		$ 5,639,231
Unrealized Gain on Warrants				282,498
Warrant Liabilities, Current				4,219,033		374,474
Warrants in Connection with Securities Purchase Agreement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)							500,000
Class of Warrant or Right, Issued During Period (in shares)		25,000
Warrants and Rights Outstanding, Term (Year)		5 years
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 200
Proceeds from Issuance of Debt and Warrant		$ 9,400,000
Warrants, Fair Value		598,670
Warrant Liabilities, Current				91,976		374,474
Convertible Promissory Note [Member] | Ducera Investments LLC [Member]
Debt Instrument, Face Amount			$ 4,500,000
Debt Instrument, Interest Rate, Stated Percentage			10%
Debt Instrument, Term (Month)			5 years
Debt Instrument, Convertible, Conversion Price (in dollars per share)			$ 140
Debt Instrument, Convertible, Conversion Price, Pre-reverse Split (in dollars per share)			$ 7
Debt Instrument, Consecutive Trading Period (Day)			30 days
Fair Value, Debt Instrument, Valuation Techniques, Change in Technique, Quantification of Effect				817,590
Convertible Debt, Noncurrent				$ 4,070,100		4,887,690
Convertible Promissory Note [Member] | Ducera Investments LLC [Member] | Minimum [Member]
Debt Instrument, Convertible, Conversion Price (in dollars per share)				$ 86.60
Debt Instrument, Convertible, Conversion Price, Pre-reverse Split (in dollars per share)				$ 4.33
Senior Secured Convertible Note [Member]
Debt Instrument, Face Amount		$ 10,000,000
Debt Instrument, Interest Rate, Stated Percentage		15%
Debt Instrument, Term (Month)		24 months
Debt Instrument, Convertible, Conversion Price (in dollars per share)		$ 5
Fair Value, Debt Instrument, Valuation Techniques, Change in Technique, Quantification of Effect				$ (15,820)
Debt Instrument, Authorized Amount							$ 20,000,000
Common Stock, No Par Value (in dollars per share)							$ 0
Debt Instrument, Unamortized Discount, Total		$ 600,000
Debt Instrument, Coupon Rate		6%
Debt Instrument, Discount if Paid in Common Stock		8%
Long-Term Debt, Gross		$ 8,801,330
Debt Issuance Costs, Net, Total		$ 232,669
Gain (Loss) on Extinguishment of Debt	$ (2,925,610)
Convertible Debt, Current						$ 5,639,231

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity (Details Textual) - USD ($)			3 Months Ended		12 Months Ended
	Jan. 18, 2023	Jan. 14, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Aug. 31, 2022
Preferred Stock, Shares Authorized (in shares)			5,000,000
Preferred Stock, No Par Value (in dollars per share)			$ 0
Mandatory Conversion Threshold			$ 15,000,000
Preferred Stock, Shares Issued (in shares)			0		0
Preferred Stock, Shares Outstanding, Ending Balance (in shares)			0		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)			0	1,090
Proceeds from Stock Options Exercised			$ 0	$ 53,065
Class of Warrant or Right, Exercised During Period (in shares)			700,000	0
Class of Warrant or Right, Exercised During Period, Exercise Price (in dollars per share)			$ 0.0001
Proceeds from Warrant Exercises			$ 70	$ 0
Common Stock, No Par Value (in dollars per share)			$ 0		$ 0
Senior Secured Convertible Note [Member]
Common Stock, No Par Value (in dollars per share)						$ 0
Repayments of Debt	$ 7,500,000
Pre-Funded Warrants [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 0.0001
Warrants and Rights Outstanding	$ 1,735,941		$ 7,951,393
Fair Value Adjustment of Warrants			$ (3,824,336)
Common Warrants [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 3
Warrants and Rights Outstanding, Term (Year)	5 years
Registered Direct Offering [Member]
Equity Offering, Maximum Shares (in shares)	3,300,000
Common Stock, No Par Value (in dollars per share)	$ 0
Proceeds from Issuance or Sale of Equity	$ 12,000,000
Proceeds from Issuance or Sale of Equity, Net of Fees	$ 11,000,000
Registered Direct Offering [Member] | Pre-Funded Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	700,000
Equity Offering, Unit Price (in dollars per share)	$ 3
Registered Direct Offering [Member] | Common Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	4,000,000
Equity Offering, Unit Price (in dollars per share)	$ 2.9999
Sales Agreement [Member]
Equity Offering, Maximum Offering Amount		$ 100,000,000
Stock Issued During Period, Shares, New Issues (in shares)		28,015
Proceeds from Issuance of Common Stock		$ 3,713,650
Minimum [Member]
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in dollars per share)				$ 34.20
Minimum [Member] | Sales Agreement [Member]
Shares Issued, Price Per Share (in dollars per share)		$ 136.40
Maximum [Member]
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in dollars per share)				$ 50
Maximum [Member] | Sales Agreement [Member]
Shares Issued, Price Per Share (in dollars per share)		$ 143.60
Equity Incentive Plans [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)			363,577		378,296
Share-Based Compensation Arrangement by Share-Based Payment Award, Awards Outstanding (in shares)			363,577		278,296
Outside of Equity Incentive Plans [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)			0		25,000
Series A-1 Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)			1,500,000
Series C Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)			2,000,000		2,000,000
Preferred Stock, Shares Issued (in shares)			0		0
Preferred Stock, Shares Outstanding, Ending Balance (in shares)			0		0

Note 11 - Stock-based Payment_2

Note 11 - Stock-based Payments (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2019	Jul. 29, 2022	Jun. 11, 2021	Jun. 10, 2021	Apr. 20, 2020	Jun. 09, 2018	Dec. 31, 2015
Share-Based Payment Arrangement, Expense	$ 1,140,537	$ 1,411,111
2022 Omnibus Stock Incentive Plan [member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)				100,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	0
Share-Based Payment Arrangement, Expense	$ 176,801	0
2022 Omnibus Stock Incentive Plan [member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	100,000
The 2018 Omnibus Stock Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)			100,000		300,000	200,000	200,000	50,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 7,082,233
Share-Based Payment Arrangement, Expense	$ 962,530	$ 1,392,380
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized (in shares)			50,000
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	222,339
The 2018 Omnibus Stock Incentive Plan [Member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Granted (in shares)	0	1,482
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Fair Value		$ 173,063
The 2018 Omnibus Stock Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		62,040
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Fair Value		$ 5,435,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term (Year)		6 years 1 month 6 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.70%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate		96.98%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		3 years
The 2015 Stock Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)									50,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 469
Share-Based Payment Arrangement, Expense	$ 1,206	$ 18,731
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	25,688

Note 11 - Stock-based Payment_3

Note 11 - Stock-based Payments - Stock-based Compensation (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-Based Payment Arrangement, Expense	$ 1,140,537	$ 1,411,111
General and Administrative Expense [Member]
Share-Based Payment Arrangement, Expense	445,302	405,344
Cost of Sales [Member]
Share-Based Payment Arrangement, Expense	318,886	394,427
Selling and Marketing Expense [Member]
Share-Based Payment Arrangement, Expense	220,214	281,440
Research and Development Expense [Member]
Share-Based Payment Arrangement, Expense	$ 156,135	$ 329,900

Note 12 - Commitments and Con_2

Note 12 - Commitments and Contingencies (Details Textual) $ in Thousands	Mar. 31, 2023 USD ($)
Loss Contingency Accrual	$ 0

Note 13 - Related Party Trans_2

Note 13 - Related Party Transactions (Details Textual) - USD ($)	Mar. 31, 2023	Apr. 25, 2022
Entity Owned by Chief Operating Officer [Member] | Related Party [Member]
Accounts Payable and Accrued Liabilities	$ 0
Ducera Investments LLC [Member] | Convertible Promissory Note [Member]
Debt Instrument, Face Amount		$ 4,500,000

Note 14 - Segment Reporting - S

Note 14 - Segment Reporting - Segment Reporting (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues	$ 1,353,528	$ 650,233
Operating loss	(7,476,178)	(12,929,082)
Unrealized gain on convertible note, mortgage loan and warrants	(4,685,644)	0
Interest expense, net	101,099	49,735
Loss on debt extinguishment	2,925,610	0
Other expense, net	1,073,279	(25,259)
Net loss	(6,890,522)	(12,953,558)
Other income, net	1,073,279	(25,259)
FUV [Member]
Revenues	1,098,252	515,317
Operating loss	(7,054,848)	(12,202,326)
Unrealized gain on convertible note, mortgage loan and warrants
Interest expense, net
Loss on debt extinguishment
Other expense, net
Net loss
Other income, net
Rental [Member]
Revenues	31,073	12,499
Operating loss	(272,643)	(427,366)
Unrealized gain on convertible note, mortgage loan and warrants
Interest expense, net
Loss on debt extinguishment
Other expense, net
Net loss
Other income, net
TMW [Member]
Revenues	224,203	122,417
Operating loss	(148,687)	(299,390)
Unrealized gain on convertible note, mortgage loan and warrants
Interest expense, net
Loss on debt extinguishment
Other expense, net
Net loss
Other income, net

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details Textual) - Subsequent Event [Member] - Teaming Agreement [Member]	May 03, 2023 USD ($)
Sale of Future Equity Agreement, Maximum Amount to Purchase	$ 3,000,000
Sale of Future Equity Agreement, Initial Purchase Amount	$ 100,000