Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.5.0.2
Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2016
Long-Term Debt [Abstract]  
Schedule of long-term debt

      September 30, 2016     December 31, 
2015
 
      (Unaudited)        
  Secured debenture payable to Workhorse Custom Chassis, LLC, due March 2016 plus interest at 10%. The debenture is secured by the real estate and related assets of the plant located in Union City, Indiana. Note was paid on February 2016.   $ -     $ 2,722,500  
                   
  Note payable to the City of Loveland, due in annual installments of $10,241 including interest with the final payment due October 2016. Interest rate amended to 8.00%. The note is unsecured and contains restrictions on the use of proceeds.     50,000       50,000  
                   
        50,000       2,772,500  
  Less current portion     50,000       2,772,500  
  Long term debt   $ -     $ -