10-Q Filing

Nuvve Holding Corp. CIK: 1836875 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001836875-22-000029`
Period End Date	20220331
Filing Date	20220513
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	nvve-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 48 Cash Flow Statement 90 Stockholders Equity 32 Comprehensive Income 18

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Temporary equity, par value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Temporary equity, shares authorized (in Shares)	`TemporaryEquitySharesAuthorized`	1.00M	shares	Point-in-time
Temporary equity, shares issued (in Shares)	`TemporaryEquitySharesIssued`	3,138.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$32.36M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$23.70M	USD	Point-in-time
Temporary equity, shares issued (in Shares)	`TemporaryEquitySharesIssued`	3,138.00	shares	Point-in-time
Temporary equity, shares outstanding (in Shares)	`TemporaryEquitySharesOutstanding`	3,138.00	shares	Point-in-time
Temporary equity, shares outstanding (in Shares)	`TemporaryEquitySharesOutstanding`	3,138.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$380.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$480.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.43M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.89M	USD	Point-in-time
Temporary equity, liquidation preference	`TemporaryEquityLiquidationPreference`	$3.26M	USD	Point-in-time
Inventories	`InventoryNet`	$11.12M	USD	Point-in-time
Inventories	`InventoryNet`	$9.33M	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.69M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.04M	USD	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$36.63M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$46.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$572.50K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$356.19K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.45M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.48M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment	`Investments`	$670.95K	USD	Point-in-time
Investment	`Investments`	$670.95K	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	18.89M	shares	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	18.86M	shares	Point-in-time
Right-of-use operating assets	`OperatingLeaseRightOfUseAsset`	$3.40M	USD	Point-in-time
Right-of-use operating assets	`OperatingLeaseRightOfUseAsset`	$3.48M	USD	Point-in-time
Deferred financing costs	`DeferredCostsCurrentAndNoncurrent`	$43.56M	USD	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	18.86M	shares	Point-in-time
Common stock, shares outstanding (in Shares)	`CommonStockSharesOutstanding`	18.89M	shares	Point-in-time
Deferred financing costs	`DeferredCostsCurrentAndNoncurrent`	$43.56M	USD	Point-in-time
Financing receivables	`NotesReceivableNet`	$138.16K	USD	Point-in-time
Financing receivables	`NotesReceivableNet`	$238.62K	USD	Point-in-time
Security deposit, long-term	`DepositsAssetsNoncurrent`	$3.06K	USD	Point-in-time
Security deposit, long-term	`DepositsAssetsNoncurrent`	$3.06K	USD	Point-in-time
Total Assets	`Assets`	$86.52M	USD	Point-in-time
Total Assets	`Assets`	$96.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.74M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.56M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.87M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$690.87K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$719.77K	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$41.51K	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$254.06K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$110.57K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$108.38K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$7.83M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$9.48M	USD	Point-in-time
Operating lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$3.44M	USD	Point-in-time
Operating lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$3.32M	USD	Point-in-time
Warrants liability	`DerivativeLiabilitiesNoncurrent`	$866.00K	USD	Point-in-time
Warrants liability	`DerivativeLiabilitiesNoncurrent`	$458.48K	USD	Point-in-time
Derivative liability - non-controlling redeemable preferred shares	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$433.00K	USD	Point-in-time
Derivative liability - non-controlling redeemable preferred shares	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$511.95K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.28K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.86K	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.06M	USD	Point-in-time
Total Liabilities	`Liabilities`	$14.32M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interests, preferred shares, zero par value, 1,000,000 shares authorized, 3,138 shares issue and outstanding at March 31, 2022 and December 31, 2021; aggregate liquidation preference of $3,264,775 at March 31, 2022	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$3.05M	USD	Point-in-time
Redeemable non-controlling interests, preferred shares, zero par value, 1,000,000 shares authorized, 3,138 shares issue and outstanding at March 31, 2022 and December 31, 2021; aggregate liquidation preference of $3,264,775 at March 31, 2022	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$2.89M	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 18,891,500 and 18,861,130 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.89K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 18,891,500 and 18,861,130 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.89K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$127.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$128.59M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$113.45K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$99.76K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.41M	USD	Point-in-time
Nuvve Stockholders Equity (Deficit)	`StockholdersEquity`	$79.84M	USD	Point-in-time
Nuvve Stockholders Equity (Deficit)	`StockholdersEquity`	$72.31M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-572.60K	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-899.02K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-880.71K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.39M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.41M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.27M	USD	Point-in-time
Total Liabilities, Mezzanine equity and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$96.48M	USD	Point-in-time
Total Liabilities, Mezzanine equity and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$86.52M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$799.03K	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.37M	USD	1 Quarter
Cost of product and service revenue	`CostOfRevenue`	$127.23K	USD	1 Quarter
Cost of product and service revenue	`CostOfRevenue`	$2.14M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$7.63M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$4.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.14M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.26M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$5.87M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$11.90M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-9.53M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-5.07M	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-597.55K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$1.46K	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$-433.00K	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$-421.83K	USD	1 Quarter
Change in fair value of derivative liability	`GainLossOnDerivativeInstrumentsNetPretax`	$53.47K	USD	1 Quarter
Change in fair value of derivative liability	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$-29.79K	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$-112.11K	USD	1 Quarter
Total other (expense) income, net	`OtherNonoperatingIncomeExpense`	$458.14K	USD	1 Quarter
Total other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-287.83K	USD	1 Quarter
Loss before taxes	`IncomeLossAttributableToParent`	$-9.07M	USD	1 Quarter
Loss before taxes	`IncomeLossAttributableToParent`	$-5.36M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.07M	USD	1 Quarter
Net loss	`ProfitLoss`	$27.20M	USD	Annual
Net loss	`ProfitLoss`	$4.70M	USD	Annual
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.93K	USD	1 Quarter
Net loss attributable to Nuvve Holding Corp.	`NetIncomeLoss`	$-5.36M	USD	1 Quarter
Net loss attributable to Nuvve Holding Corp.	`NetIncomeLoss`	$-8.97M	USD	1 Quarter
Less: Preferred dividends on redeemable non-controlling interests	`RedeemablePreferredStockDividends`	-	USD	1 Quarter
Less: Preferred dividends on redeemable non-controlling interests	`RedeemablePreferredStockDividends`	$64.02K	USD	1 Quarter
Less: Accretion on redeemable non-controlling interests preferred shares	`TemporaryEquityDividendsAdjustment`	-	USD	1 Quarter
Less: Accretion on redeemable non-controlling interests preferred shares	`TemporaryEquityDividendsAdjustment`	$161.47K	USD	1 Quarter
Net loss attributable to Nuvve common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.36M	USD	1 Quarter
Net loss attributable to Nuvve common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-9.20M	USD	1 Quarter
Net loss per share attributable to Nuvve common stockholders, basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.52	USD	1 Quarter
Net loss per share attributable to Nuvve common stockholders, basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.49	USD	1 Quarter
Net loss per share attributable to Nuvve common stockholders, diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.49	USD	1 Quarter
Net loss per share attributable to Nuvve common stockholders, diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.52	USD	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Nuvve common stockholders, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.41M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Nuvve common stockholders, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.86M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Nuvve common stockholders, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.86M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Nuvve common stockholders, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.41M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-5.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.07M	USD	1 Quarter
Net loss	`ProfitLoss`	$27.20M	USD	Annual
Net loss	`ProfitLoss`	$4.70M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$41.39K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$67.30K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.46M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$262.11K	USD	1 Quarter
Beneficial conversion feature on convertible debenture	`InterestExpenseShortTermBorrowings`	$427.80K	USD	1 Quarter
Beneficial conversion feature on convertible debenture	`InterestExpenseShortTermBorrowings`	-	USD	1 Quarter
Accretion of discount on convertible debenture	`AccretionExpense`	$116.15K	USD	1 Quarter
Accretion of discount on convertible debenture	`AccretionExpense`	-	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$-433.00K	USD	1 Quarter
Change in fair value of warrants liability	`FairValueAdjustmentOfWarrants`	$-421.83K	USD	1 Quarter
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	-	USD	1 Quarter
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$-53.47K	USD	1 Quarter
Loss on disposal of asset	`GainLossOnDispositionOfAssets1`	$-1.41K	USD	1 Quarter
Loss on disposal of asset	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain on extinguishment of PPP Loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of PPP Loan	`GainsLossesOnExtinguishmentOfDebt`	$764.00	USD	1 Quarter
Noncash lease expense	`NoncashLeaseExpense`	$-178.85K	USD	1 Quarter
Noncash lease expense	`NoncashLeaseExpense`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-454.85K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-151.20K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$1.85M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-1.79M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.66M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$915.36K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.70M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.52M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$624.72K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.72M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$233.43K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-23.48K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.45M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.63M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.11K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$250.86K	USD	1 Quarter
Net cash (used) provided in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$8.11K	USD	1 Quarter
Net cash (used) provided in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-250.86K	USD	1 Quarter
Deposit with Newborn	`PaymentOfDepositWithNewborn`	-	USD	1 Quarter
Deposit with Newborn	`PaymentOfDepositWithNewborn`	$287.50K	USD	1 Quarter
Proceeds from Newborn Escrow Account	`ProceedsFromEscrowAccount`	-	USD	1 Quarter
Proceeds from Newborn Escrow Account	`ProceedsFromEscrowAccount`	$58.47M	USD	1 Quarter
Redemption of Newborn shares	`PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock`	$18.63K	USD	1 Quarter
Redemption of Newborn shares	`PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock`	-	USD	1 Quarter
Issuance costs related to reverse recapitalization and PIPE offering	`IssuanceCostsRelatedToReverseRecapitalizationAndPIPEOffering`	-	USD	1 Quarter
Issuance costs related to reverse recapitalization and PIPE offering	`IssuanceCostsRelatedToReverseRecapitalizationAndPIPEOffering`	$3.70M	USD	1 Quarter
Proceeds from PIPE offering	`ProceedsFromIssuanceOfDebt`	-	USD	1 Quarter
Proceeds from PIPE offering	`ProceedsFromIssuanceOfDebt`	$14.25M	USD	1 Quarter
Repayment of Newborn sponsor loans	`RepaymentsOfDebt`	$487.50K	USD	1 Quarter
Repayment of Newborn sponsor loans	`RepaymentsOfDebt`	-	USD	1 Quarter
Repurchase of common stock from EDF	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock from EDF	`PaymentsForRepurchaseOfCommonStock`	$6.00M	USD	1 Quarter
Newborn cash acquired	`CashAcquired`	-	USD	1 Quarter
Newborn cash acquired	`CashAcquired`	$50.21K	USD	1 Quarter
Payment of finance lease Obligations	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Payment of finance lease Obligations	`FinanceLeasePrincipalPayments`	$2.07K	USD	1 Quarter
Net cash (used) provided in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.27M	USD	1 Quarter
Net cash (used) provided in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.07K	USD	1 Quarter
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.95K	USD	1 Quarter
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$119.54K	USD	1 Quarter
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$59.77M	USD	1 Quarter
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.56M	USD	1 Quarter
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.04M	USD	Point-in-time
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28M	USD	Point-in-time
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.74M	USD	Point-in-time
Cash and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.18M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.04M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.28M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.74M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.18M	USD	Point-in-time
Conversion of preferred stock to common stock	`ConversionOfPreferredStockToCommonStock`	$1.68K	USD	1 Quarter
Conversion of preferred stock to common stock	`ConversionOfPreferredStockToCommonStock`	-	USD	1 Quarter
Conversion of debenture and accrued interest to common shares	`ConversionOfDebentureAndAccruedInterestToCommonShares`	-	USD	1 Quarter
Conversion of debenture and accrued interest to common shares	`ConversionOfDebentureAndAccruedInterestToCommonShares`	$4.00M	USD	1 Quarter
Conversion of shares due to reverse recapitalization	`ConversionOfSharesDueToReverseRecapitalization`	$3.38K	USD	1 Quarter
Conversion of shares due to reverse recapitalization	`ConversionOfSharesDueToReverseRecapitalization`	-	USD	1 Quarter
Issuance of common stock for merger success fee	`IssuanceOfCommonStockForMergerSuccessFee`	$2.09M	USD	1 Quarter
Issuance of common stock for merger success fee	`IssuanceOfCommonStockForMergerSuccessFee`	-	USD	1 Quarter
Non-cash merger transaction costs	`NoncashMergerRelatedCosts`	-	USD	1 Quarter
Non-cash merger transaction costs	`NoncashMergerRelatedCosts`	$2.09M	USD	1 Quarter
Accrued transaction costs related to reverse recapitalization	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$189.43K	USD	1 Quarter
Accrued transaction costs related to reverse recapitalization	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	1 Quarter
Issuance of private warrants	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	1 Quarter
Issuance of private warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$1.25M	USD	1 Quarter
Transfer of Inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipment`	-	USD	1 Quarter
Transfer of Inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipment`	$87.09K	USD	1 Quarter

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Merger recapitalization, net of share redemption	`MergerRecapitalizationNetOfShareRedemption`	$18.63K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$5.98M	USD	1 Quarter
Less issuance costs	`LessIssuanceCosts`	$2.50K	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-880.71K	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.39M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.41M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.27M	USD	Point-in-time
Exercise of stock options and vesting of restricted stock	`StockIssuedDuringPeriodValueStockOptionsAndVestingOfRestrictedSharesExercised`	$3.00	USD	1 Quarter
Conversion of shares due to merger capitalization	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Balances as previously reported and effect of reverse recapitalization	`EffectOfReverseRecapitalization`	$-880.71K	USD	1 Quarter
Beneficial conversion feature - convertible debenture	`DebtInstrumentConvertibleBeneficialConversionFeature`	$427.80K	USD	1 Quarter
Conversion of convertible debenture	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$4.00M	USD	1 Quarter
Repurchase of common stock from EDF	`BuybackOfEDFShares`	$6.00M	USD	1 Quarter
Assumption of private warrant liability from Newborn	`AssumptionOfPrivateWarrantLiabilityFromNewborn`	$-1.25M	USD	1 Quarter
Merger recapitalization, net of share redemption of $18,629 and issuance costs of $5,979,675	`MergerRecapitalizationNetOfShareRedemptionOfIssuanceCosts`	$51.75M	USD	1 Quarter
Issuance of common shares	`StockIssuedDuringPeriodValueNewIssues`	$2.09M	USD	1 Quarter
PIPE offering, less issuance costs of $2,500	`StockIssuedDuringPeriodValueOther`	$14.25M	USD	1 Quarter
Notice of exercise of put option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-2.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$262.11K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.46M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.68K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$116.75K	USD	1 Quarter
Preferred dividends - non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$64.02K	USD	1 Quarter
Accretion on redeemable non-controlling interests preferred shares	`NoncontrollingInterestDecreaseFromAccretion`	$161.47K	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.07M	USD	1 Quarter
Net loss	`ProfitLoss`	$27.20M	USD	Annual
Net loss	`ProfitLoss`	$4.70M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-880.71K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.39M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.41M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.27M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-5.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.07M	USD	1 Quarter
Net loss	`ProfitLoss`	$27.20M	USD	Annual
Net loss	`ProfitLoss`	$4.70M	USD	Annual
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.68K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$116.75K	USD	1 Quarter
Total Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-5.24M	USD	1 Quarter
Total Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.09M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.93K	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to Nuvve Holding Corp.	`ComprehensiveIncomeNetOfTax`	$-5.24M	USD	1 Quarter
Comprehensive loss attributable to Nuvve Holding Corp.	`ComprehensiveIncomeNetOfTax`	$-8.99M	USD	1 Quarter
Less: Preferred dividends on redeemable non-controlling interests	`ComprehensiveIncomeLossTemporaryEquityDividendsAdjustment`	$64.02K	USD	1 Quarter
Less: Preferred dividends on redeemable non-controlling interests	`ComprehensiveIncomeLossTemporaryEquityDividendsAdjustment`	-	USD	1 Quarter
Less: Accretion on redeemable non-controlling interests preferred shares	`ComprehensiveIncomeNoncontrollingInterestAccretionAdjustment`	$161.47K	USD	1 Quarter
Less: Accretion on redeemable non-controlling interests preferred shares	`ComprehensiveIncomeNoncontrollingInterestAccretionAdjustment`	-	USD	1 Quarter
Comprehensive loss attributable to Nuvve common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-8.76M	USD	1 Quarter
Comprehensive loss attributable to Nuvve common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-5.24M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.