Merger (Tables)

6 Months Ended

Jun. 30, 2022

Business Combinations [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The following table presents the estimated allocation of the purchase price of the assets acquired and liabilities assumed for the acquisition by EVTDS of ADOMANI, Inc. via the reverse acquisition:

Purchase Price Allocation of ADOMANI, Inc.

Accounts receivable and other current assets	$	1,680,926
Property and equipment		86,873
Right of use asset		369,987
Other assets		59,510
Goodwill		51,775,667
Accounts payable and accrued expenses		(820,389	)
Lease liability		(369,987	)
Notes payable		(417,540	)
Purchase price, net of $3,373,332 cash acquired	$	52,365,047

Unaudited Pro Forma Results

The pro forma financial information does not give effect to any anticipated integration costs related to the merged

Pro forma combined results of operations	For the three months ended						For the six months ended
	June 30						June 30
	2022			2021			2022			2021
Sales	$	2,087,700		$	188,266		$	3,196,200		$	659,059
Net loss	$	(1,010,264	)	$	(893,079	)	$	(3,537,661	)	$	(1,551,589	)