Volcon ePowersports, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

STOCK-BASED COMPENSATION (Tables)

v3.22.2.2

STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of restricted stock unit activity


Outstanding January 1, 2022	350,000
Granted	35,000
Vested	(185,000	)
Canceled	(50,000	)
Outstanding June 30, 2022	150,000

Schedule of stock option activity

Schedule of stock option activity
	Common Stock Options
	Shares			Weighted Average Exercise Price		Weighted Average Remaining Life in years		Intrinsic Value
Outstanding at January 1, 2022		1,964,045		$	3.33
Granted		605,704		$	6.91
Forfeited		(369,733	)	$	3.63
Exercised		(49,769	)	$	1.00
Outstanding at June 30, 2022		2,150,247		$	4.26			$
Exercisable at June 30, 2022		278,333		$	1.00		8.91	$	233,800

Schedule of stock-based compensation expense


	Three Months Ended June 30, 2022		Three Months Ended June 30, 2021		Six Months Ended June 30, 2022		Six Months Ended June 30, 2021
Cost of Goods Sold	$	55,373	$	–	$	277,879	$	–
Sales and Marketing		188,529		5,130		461,856		52,856
Product Development		233,050		101,921		579,194		128,678
General and Administrative		147,662		96,665		880,850		13,225,060
Total	$	624,614	$	203,716	$	2,199,779	$	13,406,594

Schedule of income statement

Schedule of income statement
	Three Months Ended June 30, 2021 (as previously reported)
Cost of Goods Sold	$	–
Sales and Marketing		24,176
Product Development		50,307
General and Administrative		13,128,395
Total	$	13,202,878

- Definition

Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations.

+ References

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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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