Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Principles (Tables)

v3.8.0.1
Summary of Significant Accounting Principles (Tables)
9 Months Ended
Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of future lease receivable

  2017   $ 18,069  
  2018   $ 57,060  
  2019   $ 57,060  
  2020   $ 57,060  
  2021   $ 57,060  
  Thereafter   $ 38,092  
      $ 284,401  

Schedule of estimated useful lives of property, plant and equipment

Buildings: 15 - 30 years

Leasehold improvements: 7 years

Software: 3 - 6 years

Equipment: 5 years

Vehicles and prototypes: 3 - 5 years

Schedule of income taxes
  Approximate net operating loss
($ millions)
  Carryover to be used against taxable income generated through year
       
  3.6   2030
  6.7   2031
  3.9   2032
  4.7   2033
  6.1   2034
  9   2035
  18.7   2036
  28.7   2037