EVmo (YAYO) 10-Q 22 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 22, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	001-39132
Entity Registrant Name	EVMO, INC.
Entity Central Index Key	0001691077
Entity Tax Identification Number	81-3028414
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	2301 N. Sepulveda Blvd.
Entity Address, City or Town	Manhattan Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90266
City Area Code	(310)
Local Phone Number	926-2643
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		71,302,649

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current Assets:
Cash	$ 1,280,180	$ 1,702,942
Accounts receivable	844,604	919,245
Prepaid expenses	11,733	3,704
Deferred offering costs
Total current assets	2,136,517	2,625,891
Property and equipment, net	158,310	165,781
Rental vehicles, net	20,040,352	20,701,427
Right of use asset
Other assets	2,000,161	2,439,099
TOTAL ASSETS	24,335,340	25,932,197
Current Liabilities:
Accounts payable (including $0 and $207,135 to related party)	2,407,771	1,834,808
Credit Cards	152,724	171,154
Accrued expenses	219,796	217,118
Notes payables, current	625,000	531,250
Accrued Bellridge Settlement, current	300,000
Finance lease obligations, current	4,909,003	4,829,349
Operating lease obligations, current
Total current liabilities	8,614,294	7,583,679
Advance from related parties, non-current		$ 600,000
Other Liability, Noncurrent, Related and Nonrelated Party Status [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Note payable, net of current portion (net of discount of $879,929 and $953,256)	$ 7,345,071	$ 6,459,244
Finance lease obligations, net of current portion	7,607,738	8,845,919
Accrued Bellridge Settlement, net of current portion	1,295,000
TOTAL LIABILITIES	24,862,103	23,488,842
Commitments and contingencies
Series B Preferred stock, $0.000001 par value;
STOCKHOLDERS’ EQUITY
Preferred stock, $0.000001 par value; 10,000,000 shares authorized; nil shares issued and outstanding
Common stock, $0.000001 par value; 90,000,000 shares authorized; 71,302,649 and 69,469,399 shares issued and outstanding	70	70
Additional paid-in capital	53,412,600	53,244,383
Accumulated deficit	(53,939,433)	(50,801,098)
Total stockholders’ equity	(526,763)	2,443,355
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 24,335,340	$ 25,932,197

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Accounts payable related party	$ 2,407,771	$ 1,834,808
Net of discount, notes payable	$ 879,929	$ 953,256
Preferred stock, par value	$ 0.000001	$ 0.000001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.000001	$ 0.000001
Common stock, shares authorized	90,000,000	90,000,000
Common stock, shares issued	71,302,649	69,469,399
Common stock, shares outstanding	71,302,649	69,469,399
Series B Preferred Stock [Member]
Temporary stock, par value	$ 0.000001	$ 0.000001
Preferred stock, shares outstanding	0
Related Party [Member]
Accounts payable related party	$ 0	$ 207,135

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 3,844,136	$ 2,459,709
Cost of revenue*	3,288,738	1,972,063
Gross profit	555,398	487,646
Operating expenses:
Selling and marketing expenses	94,123	64,336
Product development	44,502	19,000
General and administrative expenses	3,231,409	1,462,325
Total operating expenses	3,370,034	1,545,661
Loss from operations	(2,814,636)	(1,058,015)
Other income (expense):
Interest and financing costs	(998,773)	(452,037)
Other income	673,697
Gain on forgiveness of debt
Total other income (expense)	(325,076)	(452,037)
Net loss	$ (3,139,712)	$ (1,510,052)
Weighted average shares outstanding :
Basic	71,302,649	69,469,399
Diluted	71,302,649	69,469,399
Loss per share
Basic	$ (0.04)	$ (0.02)
Diluted	$ (0.04)	$ (0.02)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2021	$ 36	$ 39,275,591	$ (43,658,870)	$ (4,383,243)
Balance, shares at Dec. 31, 2021	35,769,524
Issuance of common stock for cash	$ 28	13,700,000		13,700,028
Issuance of common stock for cash, shares	27,400,000
Issuance of common stock for exercise of stock options	$ 1	69,996		69,997
Issuance of common stock for exercise of stock options, shares	91,500
Issuance of common stock for financing cost
Stock Option expense		26,116		26,116
Net Loss			(1,510,052)	(1,510,052)
Issuance of common stock for conversion of convertible debt	$ 2	64,063		64,065
Issuance of common stock for conversion of convertible debt, shares	6,235,675
Balance at Mar. 31, 2022	$ 67	53,135,766	(45,168,922)	7,966,911
Balance, shares at Mar. 31, 2022	69,496,699
Balance at Dec. 31, 2021	$ 36	39,275,591	(43,658,870)	(4,383,243)
Balance, shares at Dec. 31, 2021	35,769,524
Balance at Dec. 31, 2022	$ 70	53,244,383	(50,801,098)	2,443,355
Balance, shares at Dec. 31, 2022	69,802,949
Balance at Mar. 31, 2022	$ 67	53,135,766	(45,168,922)	7,966,911
Balance, shares at Mar. 31, 2022	69,496,699
Issuance of common stock for cash
Issuance of common stock for exercise of stock options		42,328		42,328
Issuance of common stock for exercise of stock options, shares	196,875
Stock Option expense		22,868		22,868
Net Loss			(1,201,757)	(1,201,757)
Balance at Jun. 30, 2022	$ 67	53,200,962	(46,370,679)	6,830,350
Balance, shares at Jun. 30, 2022	69,693,574
Issuance of common stock for cash	$ 3	2,013		2,013
Issuance of common stock for cash, shares	9,375
Stock Option expense		9,204		9,204
Net Loss			(2,924,512)	(2,924,512)
Balance at Sep. 30, 2022	$ 70	53,212,179	(49,295,191)	3,917,055
Balance, shares at Sep. 30, 2022	69,702,949
Issuance of common stock for exercise of stock options		23,000		23,000
Issuance of common stock for exercise of stock options, shares	100,000
Stock Option expense		9,204		9,204
Net Loss			(1,505,907)	(1,505,907)
Balance at Dec. 31, 2022	$ 70	53,244,383	(50,801,098)	2,443,355
Balance, shares at Dec. 31, 2022	69,802,949
Issuance of common stock for cash
Issuance of common stock for cash, shares
Issuance of common stock for exercise of stock options
Issuance of common stock for exercise of stock options, shares
Issuance of common stock for legal settlement		150,000		$ 150,000
Issuance of common stock for legal settlement, shares	1,500,000			1,500,000
Issuance of common stock for financing cost
Stock Option expense		19,594		19,594
Net Loss			(3,139,712)	(3,139,712)
Balance at Mar. 31, 2023	$ 70	$ 53,413,977	$ (53,939,433)	$ (526,763)
Balance, shares at Mar. 31, 2023	71,302,949

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,139,712)	$ (1,505,907)	$ (1,201,757)	$ (1,510,052)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	783,268			213,632
Stock option expense	19,594			26,116
Amortization of debt discounts	73,327
Common stock issued for financing costs				32
Preferred stock issued for financing costs
Common stock issued for settlement agreement
Common stock issued for litigation settlement	150,000
Gain on Forgiveness of Debt
Fair value of warrants issued for financing costs
Leased Vehicles	260,368			381,989
Changes in operating assets and liabilities:
Accounts receivable	74,641			(13,028)
Vehicle Deposits	148,562
Prepaid expenses and other assets	(117,701)			405,851
Accounts payable	572,962			(2,112,283)
Accrued expenses	1,022,633			(319,221)
Credit Cards	(18,430)
Customer deposit - related party
Operating lease liability				(39,450)
Net cash used in operating activities	(170,488)			(2,966,414)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common stock				13,834,059
Proceeds from exercise of stock options
Proceeds from advance from related parties
Repayment of advance from related parties
Proceeds from convertible note payable
Proceeds from notes payable, net	1,000,000
Repayment of notes payable*	(93,750)
Redemption of Preferred Stock				(2,303,750)
Repayment of finance lease obligations*	(1,158,524)			(330,969)
Payment of deferred offering costs				862,855
Net cash provided by (used in) financing activities	(252,274)			12,062,195
NET INCREASE (DECREASE) IN CASH	(422,762)			9,095,781
CASH, BEGINNING OF PERIOD	1,702,942		$ 10,949,709	1,853,928
CASH, END OF PERIOD	1,280,180	$ 1,702,942		10,949,709
CASH PAID FOR:
Interest	998,773			328,566
Income taxes	2,886
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES
Payment of accounts payable/accrued expenses with common stock				1,103,750
Finance lease obligations	$ 12,516,741			$ 3,658,241

Organization and Basis of Prese

Organization and Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Note 1 - Organization and Basis of Presentation Organization and Line of Business EVmo, Inc. (the “Company”) was incorporated on June 21, 2016 Delaware Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) with one exception. The lease balances are remaining principal balances of each leasing as of December 31, 2022. The disclosure above identifies the future interest payments to represent the full lease payment obligations. The current treatment is a material deviation from GAAP and ASC 842 but consistent with prior year treatment. An ASC 842 study is planned for 2023 and the Company expects to modify and adjust to comply with ASC 842 by fiscal year end 2023. ( The Accounting Standards Codification [“ASC”], maintained by the Financial Accounting Standards Board [the “FASB”], is the current single official source of GAAP.) Risks and Uncertainties In the ordinary course of our business, we are impacted by increasing interest rates. Future financing of leased vehicles cost is accelerated due the rising interest rates along with some of our vehicle leases adjust as the prime rates change. Additionally, our current note payable with Energy Impact Partners monthly interest costs accelerate as prime rates are increases. Interim financial statements The unaudited condensed financial statements are prepared by the Company, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). The information furnished herein reflects all adjustments, consisting only of normal recurring adjustments, which in the opinion of management are necessary to fairly state the Company’s financial position, the results of its operations, and cash flows for the periods presented. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with GAAP were omitted pursuant to such results and regulations. The results of operations for the three months ended March 31, 2023 are not necessarily indicative of the results expected for the year ending December 31, 2023.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned operating subsidiaries, Distinct Cars, LLC and RideShare Car Rentals, LLC. All significant intercompany transactions and balances have been eliminated. EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. It is possible that accounting estimates and assumptions may be material to the Company due to the levels of subjectivity and judgment involved. Cash Equivalents For the purpose of the statement of cash flows, cash equivalents include time deposits, certificate of deposits, and all highly liquid debt instruments with original maturities of three months or less. Property and Equipment and Rental Vehicles Property and Equipment and Rental Vehicles are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When equipment is retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of equipment and rental vehicles is provided using the straight-line method for substantially all assets with estimated lives as follows: Schedule of Estimated Lives of Equipment Computer equipment 5 Officer furniture 7 Leasehold improvements 15 years or term of lease whichever is less Vehicles 5 years Long-Lived Assets The Company applies the provisions of ASC Topic 360, Property, Plant, and Equipment Revenue Recognition The Company recognizes all of its material revenue from renting its fleet of cars to TNC drivers. Revenue is recognized generally on a weekly basis based on the rental agreements. The Company recognizes revenue in accordance with FASB ASC 606, Revenue From Contracts with Customers Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. Stock-Based Compensation The Company records stock-based compensation in accordance with FASB ASC Topic 718, Compensation – Stock Compensation 19,048,672 507,500 4,582,842 694,625 Basic and Diluted Earnings Per Share Earnings per share is calculated in accordance with ASC Topic 260, Earnings Per Share 19,556,172 and 5,287,467 potentially dilutive options and warrants outstanding at March 31, 2023 and 2022, respectively. Advertising Costs The Company expenses the cost of advertising as incurred. Advertising costs for the three months ended March 31, 2023 and 2022 were $ 94,123 64,336 Fair Value Measurements The Company applies the provisions of ASC 820-10, “Fair Value Measurements and Disclosures.” ● Level 1 inputs to the valuation methodology are quoted, unadjusted prices for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, as well as other than quoted prices for identical assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. For certain financial instruments, the carrying amounts reported in the balance sheets for cash and current liabilities, including convertible notes payable, each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) At March 31, 2023 and 2022, the Company did not identify any liabilities that are required to be presented on the balance sheet at fair value. Recent Accounting Pronouncements In December 2019, the FASB issued Accounting Standards Update (“ASU”) 2019-12, Simplifying the Accounting for Income Taxes Income Taxes In August 2020, the FASB issued ASU 2020-06 , Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. Derivatives and Hedging Derivatives and Hedging—Contracts in Entity’s Own Equity Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, we will adopt those that are applicable under the circumstances.

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 3 – Property and Equipment At March 31, 2023 and December 31, 2022 equipment consisted of the following: Schedule of Property and Equipment March 31, December 31, 2023 2022 Computer equipment $ 138,046 $ 138,046 Office furniture 17,401 17,401 Leasehold improvement 29,650 29,650 Equipment, gross 185,097 185,097 Less accumulated depreciation (26,787 ) (19,316 ) Equipment, net $ 158,310 $ 165,781 Depreciation expense for equipment for the three months ended March 31, 2023 and 2022 was $ 7,470 870

Rental Vehicles

Rental Vehicles	3 Months Ended
	Mar. 31, 2023
Rental Vehicles
Rental Vehicles	Note 4 – Rental Vehicles At March 31, 2023 and December 31, 2022 all of the Company’s rental vehicles consisted of the following: Schedule of Rental Vehicles March 31, December 31, 2023 2022 Rental vehicles $ 27,795,646 $ 27,702,758 Rental vehicles, gross 27,795,646 27,702,758 Less accumulated depreciation (7,755,294 ) (7,001,331 ) Rental vehicles, net $ 20,040,352 $ 20,701,427 The Company’s rental vehicles are depreciated over their estimated useful life of five years 1,064,331 519,533

Notes Payable

Notes Payable	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Notes Payable	Note 5 – Notes Payable Notes payable at March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Notes Payable March 31, December 31, 2023 2022 Note Payable – Terren Peizer. 0 1,600,000 600,000 Notes payable to a finance company, interest at LIBOR plus 10 0.4166 A 7,250,000 7,343,750 Total notes payable 8,850,000 7,943,750 Unamortized debt discount (879,929 ) (953,256 ) Notes payable, net discount 7,970,071 6,990,494 Less current portion (625,000 ) (531,250 ) Long-term portion $ 7,345,071 $ 6,459,244 (A) On July 9, 2021 (the “Closing Date”), the Company entered into a Term Loan, Guarantee and Security Agreement (the “Term Loan Agreement”) with EICF Agent LLC (“EICF”), as agent for the lenders, and Energy Impact Credit Fund I, LP, as lender (the “Lender”), providing for a secured term loan facility in an aggregate principal amount of up to $ 15.0 7.5 7.5 July 9, 2026 10.0 1.5 2.10 450,000 900,000 0.93 EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) In connection with the issuance of this note payable, the Company also issued a warrant to purchase 450,000 2.10 778,697 600,000 1,378,697 450,000 900,000 450,000 711,656 1.33 900,000 1,174,311 0.71 On February 16, 2023, the Company received correspondence from EICF constituting a notice of events of default and reservation of rights (the “Notice of Default”) under the Term Loan Agreement. The Notice of Default purports that certain events of default under the Term Loan Agreement have occurred and are continuing, including a failure by the Company to: (i) timely deliver a required financial report, (ii) timely deliver a required liquidity certificate, (iii) maintain the maximum net leverage ratio required under a financial covenant, and (iv) maintain the minimum liquidity required under a financial covenant. EICF has informed the Company in the Notice of Default that EICF and the lenders are now entitled to exercise any and all default-related rights and remedies, that any delay in doing so should not be construed as a consent to or waiver of any of the purported events of default, and that any outstanding amounts under the Term Loan Agreement, including the principal of $ 7.5 On February 10, 2023, Mr. Peizer, agreed to provide short-term liquidity financing to the Company in the amount of $ 1,000,000 1,600,000 600,000 0.1156 13,840,830 0.1156 A rollforward of notes payable from December 31, 2022 to March 31, 2023 is below: Schedule of Notes Payable including Debt Discount Notes payable, December 31, 2022 $ 6,990,494 Adjusted Note Payable – Terren Peizer 1,000,000 Repayments (93,750 ) Amortization of debt discounts 73,327 Notes payable, March 31, 2023 7,970,071 Future payments under note payable obligations are as follows: Schedule of Future Payments Under Note Payable Obligations Years ending December 31, 2023 $ 437,500 2024 750,000 2025 750,000 2026 5,312,500 2027 1,600,000 Thereafter 0 Notes Payable $ 8,850,000

Convertible Notes

Convertible Notes	3 Months Ended
	Mar. 31, 2023
Convertible Notes
Convertible Notes	Note 6 – Convertible Notes There are no

Financing Lease Obligations

Financing Lease Obligations	3 Months Ended
	Mar. 31, 2023
Financing Lease Obligations
Financing Lease Obligations	Note 7 – Financing Lease Obligations Lease obligations at March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Lease Obligations March 31, December 31, 2023 2022 Lease obligations $ 12,516,741 $ 13,675,268 Less current portion (4,909,003 ) (4,829,349 ) Long-term portion $ 7,607,738 $ 8,845,919 A rollforward of lease obligations from December 31, 2022 to March 31, 2023 is below: Schedule of Outstanding Lease Obligations Lease obligations, December 31, 2022 $ 13,675,268 New lease obligations 0 Disposal of leased vehicles (0 ) Lease obligation converted to note payable - Payments on lease obligations (1,158,527 ) Lease obligations, March 31, 2023 $ 12,516,741 Future payments under lease obligations are as follows: Schedule of Furture Lease Obligations Years Ending December 31, 2023 $ 5,649,828 2024 6,253,335 2025 2,845,382 2026 636,269 2027 0 Total payments 15,384,813 Amount representing interest (2,868,072 ) Lease obligation, net $ 12,516,741 The lease balances are remaining principal balances of each leasing as of March 31, 2023. The disclosure above identifies the future interest payments to represent the full lease payment obligations. The current treatment is a material deviation from GAAP and ASC 842 but consistent with prior year treatment. An ASC 842 study is planned for 2023 and the Company expects to modify and adjust to comply with ASC 842 by fiscal year end 2023.

Operating Lease Obligations

Operating Lease Obligations	3 Months Ended
	Mar. 31, 2023
Operating Lease Obligations
Operating Lease Obligations	Note 8 – Operating Lease Obligations The Company determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. When available, the Company uses the rate implicit in the lease to discount lease payments to present value; however, the Company’s leases do not provide a readily determinable implicit rate. Therefore, the Company discounts lease payments based on an estimate of its incremental borrowing rate. The Company leases its corporate office space under an operating lease that expires in 2023. The Company accounts for this lease under the provisions of ASC 842 Leases. As of December 31, 2022, EVmo has closed out the lease for the facility located at 195 S. Robertson Blvd, Beverly Hills, CA 90211 and relocated to 2301 N. Sepulveda Blvd, Manhattan Beach, CA 90266. The current lease of the facility expires within 12 months and is not subject to ASC 842 due to the short-term nature of the lease. As of March 31, 2023, there are not right of use facility lease assets or obligations under ASC 842 rules. Remaining Lease obligations at March 31, 2023 consisted of the following: Schedule of Lease Obligation Maturity Years Ending December 31, 2023 $ 144,000 2024 - Total payments 144,000 Less: imputed interest (0 ) Total obligation 144,000 Less: current portion (144,000 ) Non-current capital leases obligations $ 0 The lease expense for the three months ended March 31, 2023 was $ 64,000 64,000

Stockholders_ Equity

Stockholders’ Equity	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Stockholders’ Equity	Note 9 – Stockholders’ Equity The Company has authorized 100,000,000 90,000,000 0.000001 10,000,000 0.000001 Series B Preferred Stock There is no Common Stock During the three months ended March 31, 2023, the Company issued 1,500,000 shares of two-year restricted common stock for settlement of a legal dispute with Bellridge Capital, LP. For details, please see Note 12- “Settlements.” EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) Stock Options The following is a summary of stock option activity: Summary of Stock Option Activity Weighted Weighted Average Average Remaining Aggregate Options Exercise Contractual Intrinsic Outstanding Price Life Value Outstanding, December 31, 2021 766,750 $ 0.53 3.76 $ 98,937 Granted 218,000 0.28 4.27 0 Forfeited (104,750 ) Exercised (206,250 ) 0.215 Outstanding, December 31, 2022 507,500 $ 0.45 3.19 161,575 Exercisable, December 31, 2022 673,750 $ 0.45 3.19 $ 161,575 Granted 0 Forfeited (166,250 ) Excercised 0 Outstanding, March 31, 2023 507,500 $ 0.53 4.74 $ (41,131 ) The exercise price for options outstanding and exercisable at March 31, 2023: Schedule of Options Outstanding by Exercise Price Range Options Price Options Price Outstanding Exercisable Number of Exercise Number of Exercise Options Price Options Price 20,000 $ 0.21 20,000 $ 0.21 102,500 0.215 102,500 0.215 15,000 0.12 15,000 0.12 230,000 0.53 230,000 0.53 20,000 0.94 20,000 0.94 20,000 2.12 20,000 2.12 20,000 3.80 20,000 3.8 20,000 0.39 20,000 0.39 20,000 0.55 20,000 0.55 20,000 0.30 20,000 0.30 20,000 0.36 20,000 0.36 507,500 507,500 No options were granted during the three months ended March 31, 2023. The fair value of the outstanding stock options is being amortized to stock option expense over the vesting period. The Company recorded stock option expenses of $ 19,594 26,116 4,400 EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 202 (unaudited) Warrants The following is a summary of warrant activity: Summary of Warrant Activity Warrants Outstanding Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Outstanding, December 31, 2022 8,847,842 $ 1.44 4.21 $ - Granted 13,840,830 .12 4.87 Forfeited - Exercised - Outstanding, March 31, 2023 19,048,672 $ .69 4.21 $ - Exercisable, March 31, 2023 19,048,672 $ .69 4.23 $ - The exercise price for warrants outstanding at March 31, 2023: Schedule of Warrants Outstanding by Exercise Price Range Outstanding and Exercisable Number of Warrants Exercise Price 1,500,000 $ 4.00 65,625 5.00 65,625 5.00 187,500 3.00 93,750 3.00 93,750 3.00 711,656 1.33 93,750 3.00 93,750 3.00 93,750 3.00 1,174,311 0.71 93,750 3.00 93,750 3.00 93,750 3.00 128,125 0.50 625,000 0.40 13,840,830 0.12 19,048,672 EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited)

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 10 – Related Party Transactions During the three months ended March 31, 2023, the Company is engaged with RG Alliance Group LLC (“RGA”) to perform internal accounts payable, bookkeeping, internal financial reporting and audit support. RGA is 51 45,800 In the three months ended March 31, 2023, the Company received $ 100,000

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Note 11 – Contingencies Legal Proceedings From time to time, the Company may become involved in lawsuits and other legal proceedings that arise in the course of business. Litigation is subject to inherent uncertainties, and it is not possible to predict the outcome of litigation with total confidence. The Company is currently not aware of any legal proceedings or potential claims against it whose outcome would be likely, individually or in the aggregate, to have a material adverse effect on the Company’s business, financial condition, operating results, or cash flows, other than those described below. Anthony Davis v. YayYo, Inc., and Ramy El-Batrawi: No 20STCV09143 Robert Vanech v. YayYo, Inc., and Ramy El-Batrawi, No. 21STCV45724 These two cases raise similar claims against the Company and Ramy El-Batrawi, the founder and former chief executive officer of the Company, by two former executives who worked briefly for the Company in 2016-17. The Davis complaint was filed on March 5, 2020, in the Los Angeles Superior Court by plaintiff Anthony Davis, who was hired by the Company as its chief executive officer and director on or about December 2016. Mr. Vanech was hired as chief financial officer and director at approximately the same time. Both Messrs. Vanech’s and Davis’s employment with the Company ended after several months. As part of their compensation, Messrs. Davis and Vanech allege that they expected to receive stock options in the Company. In their respective pleadings, both Messrs. Davis and Vanech admit that each person resigned from their executive officer and director positions but assert that they did not receive certain compensation in the form of stock options. The Company denies liability and has asserted that it has paid Messrs. Davis and Vanech all amounts due to them under their respective employment agreements/settlement agreements, while also asserting that both Messrs. Davis and Vanech failed to exercise their respective stock options before they expired on December 31, 2018. The Company filed a demurrer to each plaintiff’s amended complaint, which the Superior Court granted in part and denied in part. Plaintiff Davis has since filed a second amended complaint on October 8, 2021, to which the Company has filed an answer. The Company’s position is that the lawsuits entirely lack merit, and the Company intends to defend each case vigorously. Plaintiffs have now filed a motion to consolidate the two actions-based similarity of the facts (and defenses) and that motion is pending. The cases, whether consolidated or not, are expected to go to trial later in 2023 and will be decided in two bench trials or pursuant to summary judgement. The Company’s position as to both lawsuits is that Messrs. Davis’ and Vanech’s claims entirely lack merit, and the Company intends to defend against the lawsuits vigorously. Zada v. EVMO, Inc and Rami El-Batrawi, Los Angeles Superior Court No. 21STCV43510 On November 29, 2021, a complaint was filed by Norman Zada, a Company shareholder, against EVmo and Mr.El-Batrawi alleging breach of contract and fraud in connection with the plaintiff’s purchase of 20,000 20,000 1.90 94,420

Settlements

Settlements	3 Months Ended
	Mar. 31, 2023
Settlements
Settlements	Note 12 – Settlements Ivan Rung v. YayYo, Inc., Ramy El-Batrawi, et al., 20STCV27876 and Michael Vanbecelaere v. YayYo, Inc., Ramy El-Batrawi, et al., 20STCV28066 (Vanbecelaere)(hereafter the “State Cases”) On July 22 and July 23, 2020, respectively, two actions were filed in the Los Angeles Superior Court. The allegations in the complaints underlying the State Cases are virtually identical to those included in the consolidated federal securities cases discussed below ( In re YayYo Securities Litigation In re YayYo Securities Litigation Jason Hamlin v. YayYo, Inc., Ramy El-Batrawi, et al., 20-cv-8235 (SVW) and William Koch v. YayYo, Inc., Ramy El-Batrawi, et al., 20-cv-8591 (SVW)(now consolidated as “In re YayYo Securities Litigation”) These two actions were filed on September 9, 2020 and September 18, 2020, respectively, in the United States District Court for the Central District of California. Plaintiffs Jason Hamlin and William Koch each claim to have purchased the Common Stock as part of the IPO and, like the plaintiffs in the State Cases, purport to bring a securities class action pursuant to Sections 11 and 15 of the Securities Act, as well as and Section 17(a) and 10(b)(5) of the Securities Exchange Act of 1934, as amended, on behalf of all purchasers of the Common Stock in the IPO. The first amended complaint, like the State Cases, alleges false statements and material omissions of material fact in connection with the SEC filings distributed in connection with the IPO. The defendants include directors of the Company and the underwriters of the IPO, WestPark Capital, Inc. and Aegis Capital Corp. The federal court consolidated the two matters for all practical purposes. As with the State Cases, the Company denied liability and asserted that it accurately and completely disclosed all material facts and circumstances in its SEC filings, and that the complaint’s alleged violations of securities laws are baseless. The parties to the federal court litigation announced on October 21, 2021 that they had reached a settlement, which received preliminary approval by the district court on January 13, 2022, allowing the notice of the proposed settlement to be distributed to all class members, who unless they object or drop out, will be bound by the multi-million dollar settlement. The Company’s portion of the settlement was $ 1 On July 12, 2022, the district court presiding over In re YayYo Securities Litigation Konop v. El-Batrawi, et al., 1:20-cv-1379- MN (Filed in Del. District Court) On October 12, 2020, a complaint was filed in Delaware District Court, which complaint was subsequently transferred to the U.S. District Court for the Central District of California and assigned as a related case to the judge in In re YayYo Securities Litigation In re YayYo Securities Litigation Bellridge Capital, LP, v. EVmo, Inc., 1:21-cv-07091-PGG (Filed in Southern District of New York) In the first half of 2021, a warrant holder, Bellridge Capital, LP (“Bellridge”), sought to exercise a warrant for 1,500,000 4.00 1,500,000 1,620,000

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 13 – Subsequent Events There have been no material subsequent events since March 31, 2023.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned operating subsidiaries, Distinct Cars, LLC and RideShare Car Rentals, LLC. All significant intercompany transactions and balances have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. It is possible that accounting estimates and assumptions may be material to the Company due to the levels of subjectivity and judgment involved.
Cash Equivalents	Cash Equivalents For the purpose of the statement of cash flows, cash equivalents include time deposits, certificate of deposits, and all highly liquid debt instruments with original maturities of three months or less.
Property and Equipment and Rental Vehicles	Property and Equipment and Rental Vehicles Property and Equipment and Rental Vehicles are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When equipment is retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of equipment and rental vehicles is provided using the straight-line method for substantially all assets with estimated lives as follows: Schedule of Estimated Lives of Equipment Computer equipment 5 Officer furniture 7 Leasehold improvements 15 years or term of lease whichever is less Vehicles 5 years
Long-Lived Assets	Long-Lived Assets The Company applies the provisions of ASC Topic 360, Property, Plant, and Equipment
Revenue Recognition	Revenue Recognition The Company recognizes all of its material revenue from renting its fleet of cars to TNC drivers. Revenue is recognized generally on a weekly basis based on the rental agreements. The Company recognizes revenue in accordance with FASB ASC 606, Revenue From Contracts with Customers
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded.
Stock-Based Compensation	Stock-Based Compensation The Company records stock-based compensation in accordance with FASB ASC Topic 718, Compensation – Stock Compensation 19,048,672 507,500 4,582,842 694,625
Basic and Diluted Earnings Per Share	Basic and Diluted Earnings Per Share Earnings per share is calculated in accordance with ASC Topic 260, Earnings Per Share 19,556,172 and 5,287,467 potentially dilutive options and warrants outstanding at March 31, 2023 and 2022, respectively.
Advertising Costs	Advertising Costs The Company expenses the cost of advertising as incurred. Advertising costs for the three months ended March 31, 2023 and 2022 were $ 94,123 64,336
Fair Value Measurements	Fair Value Measurements The Company applies the provisions of ASC 820-10, “Fair Value Measurements and Disclosures.” ● Level 1 inputs to the valuation methodology are quoted, unadjusted prices for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, as well as other than quoted prices for identical assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. For certain financial instruments, the carrying amounts reported in the balance sheets for cash and current liabilities, including convertible notes payable, each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. EVmo, Inc. Notes to Consolidated Financial Statements For Three Months Ended March 31, 2023 and 2022 (unaudited) At March 31, 2023 and 2022, the Company did not identify any liabilities that are required to be presented on the balance sheet at fair value.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In December 2019, the FASB issued Accounting Standards Update (“ASU”) 2019-12, Simplifying the Accounting for Income Taxes Income Taxes In August 2020, the FASB issued ASU 2020-06 , Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. Derivatives and Hedging Derivatives and Hedging—Contracts in Entity’s Own Equity Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, we will adopt those that are applicable under the circumstances.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Schedule of Estimated Lives of Equipment	Schedule of Estimated Lives of Equipment Computer equipment 5 Officer furniture 7 Leasehold improvements 15 years or term of lease whichever is less Vehicles 5 years

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	At March 31, 2023 and December 31, 2022 equipment consisted of the following: Schedule of Property and Equipment March 31, December 31, 2023 2022 Computer equipment $ 138,046 $ 138,046 Office furniture 17,401 17,401 Leasehold improvement 29,650 29,650 Equipment, gross 185,097 185,097 Less accumulated depreciation (26,787 ) (19,316 ) Equipment, net $ 158,310 $ 165,781

Rental Vehicles (Tables)

Rental Vehicles (Tables)	3 Months Ended
	Mar. 31, 2023
Rental Vehicles
Schedule of Rental Vehicles	At March 31, 2023 and December 31, 2022 all of the Company’s rental vehicles consisted of the following: Schedule of Rental Vehicles March 31, December 31, 2023 2022 Rental vehicles $ 27,795,646 $ 27,702,758 Rental vehicles, gross 27,795,646 27,702,758 Less accumulated depreciation (7,755,294 ) (7,001,331 ) Rental vehicles, net $ 20,040,352 $ 20,701,427

Notes Payable (Tables)

Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Notes Payable	Notes payable at March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Notes Payable March 31, December 31, 2023 2022 Note Payable – Terren Peizer. 0 1,600,000 600,000 Notes payable to a finance company, interest at LIBOR plus 10 0.4166 A 7,250,000 7,343,750 Total notes payable 8,850,000 7,943,750 Unamortized debt discount (879,929 ) (953,256 ) Notes payable, net discount 7,970,071 6,990,494 Less current portion (625,000 ) (531,250 ) Long-term portion $ 7,345,071 $ 6,459,244 (A) On July 9, 2021 (the “Closing Date”), the Company entered into a Term Loan, Guarantee and Security Agreement (the “Term Loan Agreement”) with EICF Agent LLC (“EICF”), as agent for the lenders, and Energy Impact Credit Fund I, LP, as lender (the “Lender”), providing for a secured term loan facility in an aggregate principal amount of up to $ 15.0 7.5 7.5 July 9, 2026 10.0 1.5 2.10 450,000 900,000 0.93
Schedule of Notes Payable including Debt Discount	A rollforward of notes payable from December 31, 2022 to March 31, 2023 is below: Schedule of Notes Payable including Debt Discount Notes payable, December 31, 2022 $ 6,990,494 Adjusted Note Payable – Terren Peizer 1,000,000 Repayments (93,750 ) Amortization of debt discounts 73,327 Notes payable, March 31, 2023 7,970,071
Schedule of Future Payments Under Note Payable Obligations	Future payments under note payable obligations are as follows: Schedule of Future Payments Under Note Payable Obligations Years ending December 31, 2023 $ 437,500 2024 750,000 2025 750,000 2026 5,312,500 2027 1,600,000 Thereafter 0 Notes Payable $ 8,850,000

Financing Lease Obligations (Ta

Financing Lease Obligations (Tables)	3 Months Ended
	Mar. 31, 2023
Financing Lease Obligations
Schedule of Lease Obligations	Lease obligations at March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Lease Obligations March 31, December 31, 2023 2022 Lease obligations $ 12,516,741 $ 13,675,268 Less current portion (4,909,003 ) (4,829,349 ) Long-term portion $ 7,607,738 $ 8,845,919
Schedule of Outstanding Lease Obligations	A rollforward of lease obligations from December 31, 2022 to March 31, 2023 is below: Schedule of Outstanding Lease Obligations Lease obligations, December 31, 2022 $ 13,675,268 New lease obligations 0 Disposal of leased vehicles (0 ) Lease obligation converted to note payable - Payments on lease obligations (1,158,527 ) Lease obligations, March 31, 2023 $ 12,516,741
Schedule of Furture Lease Obligations	Future payments under lease obligations are as follows: Schedule of Furture Lease Obligations Years Ending December 31, 2023 $ 5,649,828 2024 6,253,335 2025 2,845,382 2026 636,269 2027 0 Total payments 15,384,813 Amount representing interest (2,868,072 ) Lease obligation, net $ 12,516,741

Operating Lease Obligations (Ta

Operating Lease Obligations (Tables)	3 Months Ended
	Mar. 31, 2023
Operating Lease Obligations
Schedule of Lease Obligation Maturity	Remaining Lease obligations at March 31, 2023 consisted of the following: Schedule of Lease Obligation Maturity Years Ending December 31, 2023 $ 144,000 2024 - Total payments 144,000 Less: imputed interest (0 ) Total obligation 144,000 Less: current portion (144,000 ) Non-current capital leases obligations $ 0

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Summary of Stock Option Activity	The following is a summary of stock option activity: Summary of Stock Option Activity Weighted Weighted Average Average Remaining Aggregate Options Exercise Contractual Intrinsic Outstanding Price Life Value Outstanding, December 31, 2021 766,750 $ 0.53 3.76 $ 98,937 Granted 218,000 0.28 4.27 0 Forfeited (104,750 ) Exercised (206,250 ) 0.215 Outstanding, December 31, 2022 507,500 $ 0.45 3.19 161,575 Exercisable, December 31, 2022 673,750 $ 0.45 3.19 $ 161,575 Granted 0 Forfeited (166,250 ) Excercised 0 Outstanding, March 31, 2023 507,500 $ 0.53 4.74 $ (41,131 )
Schedule of Options Outstanding by Exercise Price Range	The exercise price for options outstanding and exercisable at March 31, 2023: Schedule of Options Outstanding by Exercise Price Range Options Price Options Price Outstanding Exercisable Number of Exercise Number of Exercise Options Price Options Price 20,000 $ 0.21 20,000 $ 0.21 102,500 0.215 102,500 0.215 15,000 0.12 15,000 0.12 230,000 0.53 230,000 0.53 20,000 0.94 20,000 0.94 20,000 2.12 20,000 2.12 20,000 3.80 20,000 3.8 20,000 0.39 20,000 0.39 20,000 0.55 20,000 0.55 20,000 0.30 20,000 0.30 20,000 0.36 20,000 0.36 507,500 507,500
Summary of Warrant Activity	The following is a summary of warrant activity: Summary of Warrant Activity Warrants Outstanding Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Outstanding, December 31, 2022 8,847,842 $ 1.44 4.21 $ - Granted 13,840,830 .12 4.87 Forfeited - Exercised - Outstanding, March 31, 2023 19,048,672 $ .69 4.21 $ - Exercisable, March 31, 2023 19,048,672 $ .69 4.23 $ -
Schedule of Warrants Outstanding by Exercise Price Range	The exercise price for warrants outstanding at March 31, 2023: Schedule of Warrants Outstanding by Exercise Price Range Outstanding and Exercisable Number of Warrants Exercise Price 1,500,000 $ 4.00 65,625 5.00 65,625 5.00 187,500 3.00 93,750 3.00 93,750 3.00 711,656 1.33 93,750 3.00 93,750 3.00 93,750 3.00 1,174,311 0.71 93,750 3.00 93,750 3.00 93,750 3.00 128,125 0.50 625,000 0.40 13,840,830 0.12 19,048,672

Organization and Basis of Pre_2

Organization and Basis of Presentation (Details Narrative)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Entity Incorporation, Date of Incorporation	Jun. 21, 2016
Entity Incorporation, State or Country Code	DE

Schedule of Estimated Lives of

Schedule of Estimated Lives of Equipment (Details)	3 Months Ended
	Mar. 31, 2023
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated lives	5 years
Office Furniture [Member]
Property, Plant and Equipment [Line Items]
Estimated lives	7 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated use of lives, description	15 years or term of lease whichever is less
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated lives	5 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Tax examination, description	with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded.
Options outstanding	507,500
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	19,556,172	5,287,467
Advertising costs	$ 94,123	$ 64,336
Warrant [Member]
Warrants outstanding	$ 19,048,672	$ 4,582,842
Options [Member]
Options outstanding	507,500	694,625

Schedule of Property and Equipm

Schedule of Property and Equipment (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Equipment, gross	$ 185,097	$ 185,097
Less accumulated depreciation	(26,787)	(19,316)
Equipment, net	158,310	165,781
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Equipment, gross	138,046	138,046
Office Furniture [Member]
Property, Plant and Equipment [Line Items]
Equipment, gross	17,401	17,401
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Equipment, gross	$ 29,650	$ 29,650

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 7,470	$ 870

Schedule of Rental Vehicles (De

Schedule of Rental Vehicles (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Rental vehicles, gross	$ 27,795,646	$ 27,702,758
Less accumulated depreciation	(7,755,294)	(7,001,331)
Rental vehicles, net	20,040,352	20,701,427
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Rental vehicles, gross	$ 27,795,646	$ 27,702,758

Rental Vehicles (Details Narrat

Rental Vehicles (Details Narrative) - Vehicles [Member] - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Depreciation	$ 1,064,331	$ 519,533

Schedule of Notes Payable (Deta

Schedule of Notes Payable (Details) - USD ($)		Mar. 31, 2023	Dec. 31, 2022
Short-Term Debt [Line Items]
Total notes payable		$ 8,850,000	$ 7,943,750
Unamortized debt discount		(879,929)	(953,256)
Notes payable, net discount		7,970,071	6,990,494
Less current portion		(625,000)	(531,250)
Long-term portion		7,345,071	6,459,244
Notes Payable One [Member]
Short-Term Debt [Line Items]
Total notes payable		1,600,000	600,000
Notes Payable Two [Member]
Short-Term Debt [Line Items]
Total notes payable	[1]	$ 7,250,000	$ 7,343,750
[1]On July 9, 2021 (the “Closing Date”), the Company entered into a Term Loan, Guarantee and Security Agreement (the “Term Loan Agreement”) with EICF Agent LLC (“EICF”), as agent for the lenders, and Energy Impact Credit Fund I, LP, as lender (the “Lender”), providing for a secured term loan facility in an aggregate principal amount of up to $ 15.0 7.5 7.5 July 9, 2026 10.0 1.5 2.10 450,000 900,000 0.93

Schedule of Notes Payable (De_2

Schedule of Notes Payable (Details) (Parenthetical) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended
	Jul. 09, 2021	Mar. 31, 2023	Oct. 31, 2021
Common Stock Purchase Warrants [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		0%
Notes Payable to Finance Company [Member]
Debt Instrument [Line Items]
Monthly principal payments percentage		0.4166%
Notes Payable to Finance Company [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		10%
Term Loan Agreement [Member] | Energy Impact Credit Fund LLP [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 15
Debt Instrument, Maturity Date	Jul. 09, 2026
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			900,000
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 0.93
[custom:WarrantSubjectToVestingSharesOfCommonStockExercisable-0]	450,000
Term Loan Agreement [Member] | Energy Impact Credit Fund LLP [Member] | Common Stock [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 2.10
Term Loan Agreement [Member] | Energy Impact Credit Fund LLP [Member] | Maximum [Member]
Debt Instrument [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	1,500,000
Term Loan Agreement [Member] | Energy Impact Credit Fund LLP [Member] | Closing Date Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 7.5
Term Loan Agreement [Member] | Energy Impact Credit Fund LLP [Member] | Delayed Draw Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 7.5
Term Loan Agreement [Member] | LIBOR [Member] | Energy Impact Credit Fund LLP [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	10%

Schedule of Notes Payable inclu

Schedule of Notes Payable including Debt Discount (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Debt Disclosure [Abstract]
Notes payable, beginning balance	$ 6,990,494
Repayments	1,000,000
Repayments	(93,750)
Amortization of debt discounts	73,327
Notes payable, ending balance	$ 7,970,071

Schedule of Future Payments Und

Schedule of Future Payments Under Note Payable Obligations (Details)	Mar. 31, 2023 USD ($)
Debt Disclosure [Abstract]
2023	$ 437,500
2024	750,000
2025	750,000
2026	5,312,500
2027	1,600,000
Thereafter	0
Notes Payable	$ 8,850,000

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Feb. 16, 2023	Feb. 10, 2023	Dec. 31, 2022	Sep. 30, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Fair value of warrants
Amortized note payable discount	73,327
Notes payable	$ 7,970,071				$ 6,990,494
Mr Peizer [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Exercisable price				$ 0.1156
Common stock purchase warrant				13,840,830
Conversion price				$ 0.1156
Notes payable				$ 1,000,000
Principal amount				$ 1,600,000		$ 600,000
Warrant One [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Exercisable price	$ 1.33
Common stock purchase warrant	450,000
Number of shares issued on conversion	711,656
Warrant Two [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock purchase warrant	900,000
Number of shares issued on conversion	1,174,311
Conversion price	$ 0.71
Term Loan Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Vesting of stock	450,000
Exercisable price	$ 2.10
Fair value of warrants	$ 778,697
Cost related to this note payable	600,000
Amortized note payable discount	$ 1,378,697
Loan payable			$ 7,500,000

Convertible Notes (Details Narr

Convertible Notes (Details Narrative)	Mar. 31, 2023 USD ($)
Convertible Notes
Convertible Notes Payable	$ 0

Schedule of Lease Obligations (

Schedule of Lease Obligations (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Financing Lease Obligations
Lease obligations	$ 12,516,741	$ 13,675,268
Less current portion	(4,909,003)	(4,829,349)
Long-term portion	$ 7,607,738	$ 8,845,919

Schedule of Outstanding Lease O

Schedule of Outstanding Lease Obligations (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Financing Lease Obligations
Lease obligations, beginning balance	$ 13,675,268
New lease obligations	0
Disposal of leased vehicles	0
Lease obligation converted to note payable
Payments on lease obligations	(1,158,527)
Lease obligations, ending balance	$ 12,516,741

Schedule of Furture Lease Oblig

Schedule of Furture Lease Obligations (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Financing Lease Obligations
2023	$ 5,649,828
2024	6,253,335
2025	2,845,382
2026	636,269
2027	0
Total payments	15,384,813
Amount representing interest	(2,868,072)
Lease obligation, net	$ 12,516,741	$ 13,675,268

Schedule of Lease Obligation Ma

Schedule of Lease Obligation Maturity (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Operating Lease Obligations
2023	$ 144,000
2023
Total payments	144,000
Imputed interest	0
Total obligation	144,000
Operating lease liability current
Non current capital leases obligations

Operating Lease Obligations (De

Operating Lease Obligations (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Lease Obligations
Operating lease, expense	$ 64,000
Cash paid		$ 64,000

Summary of Stock Option Activit

Summary of Stock Option Activity (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Offsetting Assets [Line Items]
Number of shares options, exercisable	507,500
Number of shares options outstanding, ending Balance	507,500
Equity Option [Member]
Offsetting Assets [Line Items]
Number of shares options outstanding, Beginning Balance	507,500	766,750
Weighted average exercise price outstanding, Beginning Balance	$ 0.45	$ 0.53
Weighted average remaining contractual life outstanding		3 years 9 months 3 days
Aggregate intrinsic value outstanding, Beginning Balance	$ 161,575	$ 98,937
Number of options, granted	0	218,000
Weighted average exercise price, granted		$ 0.28
Weighted average remaining contractual life granted		4 years 3 months 7 days
Aggregate intrinsic value, granted		$ 0
Number of options, forfeited	(166,250)	(104,750)
Number of options, exercised	0	(206,250)
Weighted average exercise price, exercised		$ 0.215
Weighted average remaining contractual life, Exercisable	4 years 8 months 26 days	3 years 2 months 8 days
Number of shares options, exercisable		673,750
Weighted average exercise price, exercisable		$ 0.45
Weighted average remaining contractual life, Exercisable		3 years 2 months 8 days
Aggregate intrinsic value outstanding, exercisable		$ 161,575
Number of shares options outstanding, ending Balance	507,500	507,500
Weighted average exercise price outstanding, endiing balance	$ 0.53	$ 0.45
Aggregate intrinsic value outstanding, ending balance	$ (41,131)	$ 161,575

Schedule of Options Outstanding

Schedule of Options Outstanding by Exercise Price Range (Details)	Mar. 31, 2023 $ / shares shares
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	507,500
Number of options, exercisable	507,500
Exercise Price Range One [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.21
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.21
Exercise Price Range Two [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	102,500
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.215
Number of options, exercisable	102,500
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.215
Exercise Price Range Three [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	15,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.12
Number of options, exercisable	15,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.12
Exercise Price Range Four [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	230,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.53
Number of options, exercisable	230,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.53
Exercise Price Range Five [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.94
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.94
Exercise Price Range Six [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 2.12
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 2.12
Exercise Price Range Seven [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 3.80
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 3.8
Exercise Price Range Eight [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.39
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.39
Exercise Price Range Nine [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.55
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.55
Exercise Price Range Ten [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.30
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.30
Exercise Price Range Eleven [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of options, outstanding	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares	$ 0.36
Number of options, exercisable	20,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares	$ 0.36

Summary of Warrant Activity (De

Summary of Warrant Activity (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Equity [Abstract]
Warrants Outstanding Beginning	8,847,842
Weighted Average Exercise Price, Outstanding Beginning	$ 1.44
Weighted Average Remaining Contractual Life, Warrants Outstanding Beginning		4 years 2 months 15 days
Aggregate Intrinsic Value, Warrants Outstanding Beginning
Warrants Outstanding Granted	13,840,830
Weighted Average Exercise Price, Outstanding, Granted	$ 0.12
Weighted Average Remaining Contractual Life, Warrants Outstanding, Granted	4 years 10 months 13 days
Warrants Outstanding Forfeited
Warrants Outstanding Exercised
Warrants Outstanding Ending	19,048,672	8,847,842
Weighted Average Exercise Price, Outstanding Ending	$ 0.69	$ 1.44
Weighted Average Remaining Contractual Life, Warrants Outstanding	4 years 2 months 15 days
Aggregate Intrinsic Value, Warrants Outstanding Ending
Warrants, Exercisable	19,048,672
Weighted Average Exercise Price, Exercisable	$ 0.69
Weighted Average Remaining Contractual Life, Exercisable	4 years 2 months 23 days

Schedule of Warrants Outstandin

Schedule of Warrants Outstanding by Exercise Price Range (Details)	Mar. 31, 2023 $ / shares shares
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	19,048,672
Exercise Price Range One [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	1,500,000
Exercise price | $ / shares	$ 4
Exercise Price Range Two [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	65,625
Exercise price | $ / shares	$ 5
Exercise Price Range Three [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	65,625
Exercise price | $ / shares	$ 5
Exercise Price Range Four [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	187,500
Exercise price | $ / shares	$ 3
Exercise Price Range Five [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Six [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Seven [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	711,656
Exercise price | $ / shares	$ 1.33
Exercise Price Range Eight [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Nine [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Ten [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Eleven [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	1,174,311
Exercise price | $ / shares	$ 0.71
Exercise Price Range Twelve [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Thirteen [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Fourteen [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	93,750
Exercise price | $ / shares	$ 3
Exercise Price Range Fifteen [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	128,125
Exercise price | $ / shares	$ 0.50
Exercise Price Range Sixteen [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	625,000
Exercise price | $ / shares	$ 0.40
Exercise Price Range Seventeen [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of warrants	13,840,830
Exercise price | $ / shares	$ 0.12

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Class of Stock [Line Items]
Capital stock, authorized	100,000,000
Common stock, shares authorized	90,000,000		90,000,000
Common stock, par value	$ 0.000001		$ 0.000001
Preferred stock, shares authorized	10,000,000		10,000,000
Preferred stock, par value	$ 0.000001		$ 0.000001
Preferred stock shares outstanding
Stock Issued During Period, Shares, Other	1,500,000
Stock option expense	$ 19,594	$ 26,116
Unamortized Stock Option Expense	$ 4,400
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock shares outstanding	0

Related Party Transactions (Det

Related Party Transactions (Details Narrative)	3 Months Ended
	Mar. 31, 2023 USD ($)
PDQ Pickup LLC [Member]
Related Party Transaction [Line Items]
Accounts receivable payment received	$ 100,000
RG Alliance Group LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage	51%
Professional fees	$ 45,800

Contingencies (Details Narrativ

Contingencies (Details Narrative) - ElBatrawis [Member]	1 Months Ended
	Nov. 29, 2021 USD ($) $ / shares shares
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Shares purchased	20,000
Plaintiff shares	20,000
Plaintiff stock dropped | $ / shares	$ 1.90
Damage value | $	$ 94,420

Settlements (Details Narrative)

Settlements (Details Narrative) - USD ($)			3 Months Ended	6 Months Ended
	Mar. 16, 2023	Jan. 13, 2022	Mar. 31, 2023	Jun. 30, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Litigation settlement		$ 1,000,000
Warrants exercised
Settlement Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Number of stock issued, shares	1,500,000
Cash payment in litigation	$ 1,620,000
Bellridge Capital, LP [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Warrants exercised				1,500,000
Warrant exercise price				$ 4