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          "text": "Three Months Ended June 30, 2023 2022 Six Months Ended June 30, 2023 2022 Revenue Products and services $ 2,049,009 $ 1,068,029 $ 3,829,394 $ 3,321,813 Grants 71,118 233,698 145,519 350,947 Total revenue 2,120,127 1,301,727 3,974,913 3,672,760 Operating expenses Cost of product and service revenue 1,951,116 1,034,596 3,412,020 3,176,908 Selling, general, and administrative 6,097,336 8,136,522 12,269,360 15,762,072 Research and development 2,387,215 2,170,139 4,487,303 4,305,714 Total operating expenses 10,435,667 11,341,257 20,168,683 23,244,694 Operating loss (8,315,540) (10,039,530) (16,193,770) (19,571,934) Other income (expense) Interest income, net 20,644 6,945 88,981 8,403 Change in fair value of warrants liability 143,794 4,585,000 (69,964) 9,361,000 Change in fair value of derivative liability 83,059 (32,536) 6,219 20,936 Other, net 83,946 22,020 524,332 (7,767) Total other income, net 331,443 4,581,429 549,568 9,382,572 Loss before taxes (7,984,097) (5,458,101) (15,644,202) (10,189,362) Income tax expense Net loss $ (7,984,097) $ (5,458,101) $ (15,644,202) $ (10,189,362) Less: Net income (loss) attributable to non-controlling interests 8,466 (189,945) 14,754 (290,878) Net loss attributable to Nuvve Holding Corp. $ (7,992,563) $ (5,268,156) $ (15,658,956) $ (9,898,484) Less: Preferred dividends on redeemable non-controlling interests 70,678 65,296 139,970 129,311 Less: Accretion on redeemable non-controlling interests preferred shares 161,466 161,466 322,932 322,932 Net loss attributable to Nuvve Holding Corp. common stockholders $ (8,224,707) $ (5,494,918) $ (16,121,858) $ (10,350,727) Net loss per share attributable to Nuvve Holding Corp. common stockholders, basic and diluted $ (0.30) $ (0.29) $ (0.62) $ (0.55) Weighted-average shares used in computing net loss per share attributable to Nuvve Holding Corp. common stockholders, basic and diluted 27,734,130 19,064,854 26,129,789 18,965,167 Net loss $ (7,984,097) $ (5,458,101) $ (15,644,202) $ (10,189,362) Other comprehensive (loss) income, net of taxes Foreign currency translation adjustments, net of taxes $ 1,299 $ (26,314) $ 10,233 $ (39,998) Total Comprehensive loss $ (7,982,798) $ (5,484,415) $ (15,633,969) $ (10,229,360) Less: Comprehensive income (loss) attributable to non-controlling interests $ 8,466 $ (189,945) $ 14,754 $ (290,878) Comprehensive loss attributable to Nuvve Holding Corp. $ (7,991,264) $ (5,294,470) $ (15,648,723) $ (9,938,482) Less: Preferred dividends on redeemable non-controlling interests $ (70,678) $ (65,296) $ (139,970) $ (129,311) Less: Accretion on redeemable non-controlling interests preferred shares (161,466) (161,466) (322,932) (322,932) Comprehensive loss attributable to Nuvve Holding Corp. common stockholders $ (7,759,120) $ (5,067,708) $ (15,185,821) $ (9,486,239)",
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