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          "text": "Three Months Ended March 31,\n2023\n2022\nRevenue\nProducts and services\n$ 1,780,385 $ 2,253,784\nGrants\n74,401\n117,249\nTotal revenue\n1,854,786\n2,371,033\nOperating expenses\nCost of product and service revenue\n1,460,904\n2,142,312\nSelling, general, and administrative\n6,172,024\n7,625,550\nResearch and development\n2,100,088\n2,135,575\nTotal operating expenses\n9,733,016\n11,903,437\nOperating loss\n(7,878,230)\n(9,532,404)\nOther income (expense)\nInterest income\n68,337\n1,458\nChange in fair value of warrants liability\n(213,758)\n4,776,000\nChange in fair value of derivative liability\n(76,840)\n53,472\nOther, net\n440,386\n(29,787)\nTotal other income, net\n218,125\n4,801,143\nLoss before taxes\n(7,660,105)\n(4,731,261)\nIncome tax expense\nNet loss\n$ (7,660,105) $ (4,731,261)\nLess: Net income (loss) attributable to non-controlling interests\n6,288\n(100,933)\nNet loss attributable to Nuvve Holding Corp.\n$ (7,666,393) $ (4,630,328)\nLess: Preferred dividends on redeemable non-controlling interests\n69,292\n64,015\nLess: Accretion on redeemable non-controlling interests preferred shares\n161,466\n161,466\nNet loss attributable to Nuvve Holding Corp. common stockholders\n$ (7,897,151) $ (4,855,809)\nNet loss per share attributable to Nuvve Holding Corp. common stockholders, basic and diluted\n$ (0.32) $ (0.26)\nWeighted-average shares used in computing net loss per share attributable to Nuvve Holding\nCorp. common stockholders, basic and diluted\n24,596,181\n18,864,374",
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