Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow (Unaudited)

v2.4.1.9
Consolidated Statements of Cash Flow (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net loss $ (2,059,359)us-gaap_NetIncomeLoss $ (1,207,103)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss from operations to cash used by operations:    
Depreciation 93,830us-gaap_DepreciationDepletionAndAmortization 101,494us-gaap_DepreciationDepletionAndAmortization
Stock based compensation 99,117us-gaap_ShareBasedCompensation 194,967us-gaap_ShareBasedCompensation
Interest expense on convertible debentures 26,110wkhs_InterestExpenseOnConvertibleDebentures 13,269wkhs_InterestExpenseOnConvertibleDebentures
Legal, consulting and investment services 154,623wkhs_LegalConsultingAndInvestmentServices 420,534wkhs_LegalConsultingAndInvestmentServices
Interest expense paid in kind 247,500us-gaap_PaidInKindInterest 225,000us-gaap_PaidInKindInterest
Inventory reserve 61,756wkhs_InventoryReserve   
Effects of changes in operating assets and liabilities:    
Prepaid expenses and deposits (6,907)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (4,269)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable (121,945)us-gaap_IncreaseDecreaseInAccountsPayable (299,497)us-gaap_IncreaseDecreaseInAccountsPayable
Accounts payable, related parties 11,640us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties (716)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties
Net cash used by operations (1,493,635)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (556,321)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Capital expenditures (26,248)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment   
Net cash used by investing activities (26,248)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations   
Cash flows from financing activities:    
Proceeds from notes payable 200,000us-gaap_ProceedsFromNotesPayable   
Payments on long-term debt (2,265)us-gaap_RepaymentsOfLongTermDebt (150,748)us-gaap_RepaymentsOfLongTermDebt
Conversion of note payable 392,000us-gaap_DebtConversionConvertedInstrumentAmount1   
Shareholder advances, net of repayments 47,849wkhs_ProceedsFromShareholderAdvancesNetOfRepayments 2,206,820wkhs_ProceedsFromShareholderAdvancesNetOfRepayments
Issuance of common and preferred stock 727,108us-gaap_ProceedsFromIssuanceOrSaleOfEquity 1,200,000us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Net cash provided by financing activities 1,364,692us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 3,256,072us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Change in cash and cash equivalents (155,191)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 2,699,751us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash at the beginning of the period 442,257us-gaap_CashAndCashEquivalentsAtCarryingValue 7,019us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash at the end of the period $ 287,066us-gaap_CashAndCashEquivalentsAtCarryingValue $ 2,706,770us-gaap_CashAndCashEquivalentsAtCarryingValue