| Segment Reporting Disclosure [Text Block] |
NOTE 4 – SEGMENT INFORMATION
Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the CODM in deciding how to allocate resources to an individual segment and in assessing performance. Our CEO and Chairman of the Board of Directors (the "Board of directors" or the "Board"), as the CODM, makes decisions about resources to be acquired, allocated and utilized to each operating segment. The Company is currently comprised of two major operating segments:
| | - | Bollinger. The Company acquired the controlling interest of Bollinger Motors Inc. in September 2022. This acquisition positions Mullen into the medium duty truck classes 4-6, along with the Sport Utility and Pick Up Trucks EV segments. |
| | - | Mullen Commercial. In November 2022, Mullen acquired from ELMS a manufacturing plant in Mishawaka Indiana and all the intellectual property needed to engineer and build Class 1 and Class 3 electric vehicles. |
All long-lived assets of the Company are located in the United States of America. All revenue presented in these condensed consolidated financial statements relates to contracts with customers located in the United States of America.
The table below represents the main financial information pertaining to the segments (there were no material differences from the last annual report regarding segmentation or measuring segment profit or loss).
| Segment reporting for the three and six months ended March 31, 2025 | | | | | | | | | | |
| | | Bollinger | | | Mullen Commercial | | | Total | |
| Revenue for the three months ended March 31, 2025 | | $ | 996,389 | | | $ | 3,953,751 | | | $ | 4,950,140 | |
| Revenue for the six months ended March 31, 2025 | | | 3,778,309 | | | | 4,092,316 | | | | 7,870,625 | |
| Segment's net loss before impairment and income taxes for the three months ended March 31, 2025 | | | (11,852,385 | ) | | | (30,021,477 | ) | | | (41,873,862 | ) |
| Segment's net loss before impairment and income taxes for the six months ended March 31, 2025 | | | (24,889,966 | ) | | | (135,781,141 | ) | | | (160,671,107 | ) |
| Segment's net loss before income taxes for the three months ended March 31, 2025 | | | (11,852,385 | ) | | | (42,027,929 | ) | | | (53,880,314 | ) |
| Segment's net loss before income taxes for the six months ended March 31, 2025 | | | (36,896,418 | ) | | | (135,781,141 | ) | | | (172,677,559 | ) |
| Total segment assets | | | 50,178,424 | | | | 99,911,076 | | | | 150,089,500 | |
| Segment reporting for the three and six months ended March 31, 2024 | | | | | | | | | | |
| | | Bollinger | | | Mullen Commercial | | | Total | |
| Revenue for the three months ended March 31, 2024 | | $ | — | | | $ | 33,335 | | | $ | 33,335 | |
| Revenue for the six months ended March 31, 2024 | | | — | | | | 33,335 | | | | 33,335 | |
| Segment's net loss before impairment and income taxes for the three months ended March 31, 2024 | | | (8,726,290 | ) | | | (59,339,513 | ) | | | (68,065,803 | ) |
| Segment's net loss before impairment and income taxes for the six months ended March 31, 2024 | | | (19,207,967 | ) | | | (114,577,453 | ) | | | (133,785,420 | ) |
| Segment's net loss before income taxes for the three months ended March 31, 2024 | | | (97,232,147 | ) | | | (76,295,163 | ) | | | (173,527,310 | ) |
| Segment's net loss before income taxes for the six months ended March 31, 2024 | | | (107,713,824 | ) | | | (131,533,103 | ) | | | (239,246,927 | ) |
| Total segment assets | | | 60,455,912 | | | | 153,663,837 | | | | 214,119,749 | |
As further disclosed in Note 19 - Contingencies and claims, on May 9, 2025, the Company entered into a legal settlement agreement with GEM to resolve outstanding legal claims. As part of the settlement, the Company agreed to transfer ownership of its Mishawaka facility to GEM in satisfaction of the related liability. The assets to be transferred to GEM are presented separately on the consolidated balance sheet as “Noncurrent assets held for sale due to settlement” and, as of March 31, 2025, remain a part of the Mullen commercial segment in the disclosures above.
In May 2025, the Company lost operating control over Bollinger Motors, Inc, following litigation initiated by the subsidiary’s founder and lender (see Note 19 - Contingencies and claims and Note 20 – Subsequent events).
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