Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to ________________ Commission File Number 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 (Stat ...

NASDAQ: BEEM, BEEMW BEAM Sustainable Technology Innovations for EV Charging, Energy Storage, Energy Security and Outdoor Media Beam Global Corporate Presentation March 2022 BeamForAll.com Forward Looking Statements Disclaimer Footer text (go 'Insert > Header & Footer' to edit) 2 While we have taken steps to present accurate information, there may be changes in circumstances or assumptions not captured since its composition. Except for historical information presented in this slide show, any forward-looking ...

Beam Global (NASDAQ:BEEM) Q4 2021 Earnings Conference Call March 30, 2022 4:30 PM ET CompanyParticipants Kathy McDermott - Chief Financial Officer Desmond Wheatley - President, Chairman & Chief Executive Officer Conference Call Participants Noel Parks - Tuohy Brothers Investment Research Amit Dayal - H.C. Wainwright & Co. Operator Good day and welcome to the Beam Global Year-end 2021 Financial Results and Corporate Update Conference Call. All participants will be in a listen-only mode. [Operator Instruction ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report under Section 13 or 15 (d) of Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 or ☐ Transition Report under Section 13 or 15 (d) of Securities Exchange Act of 1934 For the transition period from __________ to __________ Commission File Number 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 (State of Incorporation) (IRS E ...

Beam Global (NASDAQ:BEEM) Q3 2021 Earnings Conference Call November 11, 2021 4:30 PM ET Company Participants Kathy McDermott - CFO Desmond Wheatley - President, Chairman and CEO Conference Call Participants Tate Sullivan - Maxim Group Tyler Bailey - Needham & Company Amit Dayal - H.C. Wainwright Operator Good day, and welcome to the Beam Global Third Quarter 2021 Financial Results and Corporate Update Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the confe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to ________________ Commission File Number 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 ( ...

Beam Global (NASDAQ:BEEM) Q2 2021 Earnings Conference Call August 12, 2021 4:30 PM ET Company Participants Kathy McDermott - CFO Desmond Wheatley - President, Chairman and CEO Conference Call Participants Noel Parks - Tuohy Brothers Investment Research Greg Lewis - BTIG Tate Sullivan - Maxim Group Gabe Daoud - Cowen Vikram Bagri - Needham Operator Good afternoon, everyone, and welcome to the Beam Global Second Quarter 2021 Financial Results and Corporate Update Conference Call. All participants will be in a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to ________________ Commission File Number 000-53204 Beam Global (Exact name of Registrant as specified in its charter) Nevada 26-1342810 (State ...

Beam Global (NASDAQ:BEEM) Q1 2021 Earnings Conference Call May 24, 2021 4:30 PM ET Company Participants Kathy McDermott - Chief Financial Officer Desmond Wheatley - President, Chairman and CEO Conference Call Participants Amit Dayal - H.C. Wainwright Tate Sullivan - Maxim Group Jacob Green - BTIG Frank Hart - High Capital Funding Vikram Bagri - Needham Gabe Daoud - Cowen Operator Ladies and gentlemen, thank you for standing by. Good afternoon. And welcome to the Beam Global First Quarter 2021 Financial Resu ...

PART I FINANCIAL INFORMATION [Financial Statements (Unaudited)](index=3&type=section&id=Item%201%20Financial%20Statements%20%28Unaudited%29) Beam Global reported Q1 2021 revenues of $1.37 million, a slight increase, alongside a wider gross loss of $149,120 and a net loss of $1.25 million, with total assets rising to $34.46 million, supported by a strong cash position from financing activities [Condensed Balance Sheets](index=3&type=section&id=Condensed%20Balance%20Sheets) Condensed Balance Sheet Highlights (in USD) | Metric | March 31, 2021 (Unaudited) | December 31, 2020 | | :--- | :--- | :--- | | **Total Current Assets** | $31,492,321 | $29,903,431 | | Cash | $28,214,029 | $26,702,804 | | Inventory, net | $1,553,443 | $1,092,763 | | **Total Assets** | **$34,464,347** | **$32,902,759** | | **Total Current Liabilities** | $1,984,843 | $1,840,111 | | **Total Liabilities** | **$3,948,893** | **$3,750,468** | | **Total Stockholders' Equity** | **$30,515,454** | **$29,152,291** | [Condensed Statements of Operations](index=4&type=section&id=Condensed%20Statements%20of%20Operations) Condensed Statements of Operations (Unaudited, for the three months ended March 31) | Metric | 2021 | 2020 | | :--- | :--- | :--- | | Revenues | $1,372,392 | $1,317,052 | | Cost of revenues | $1,521,512 | $1,356,693 | | **Gross loss** | **($149,120)** | **($39,641)** | | Operating expenses | $1,102,675 | $902,000 | | **Loss from operations** | **($1,251,795)** | **($941,641)** | | **Net loss** | **($1,250,809)** | **($942,521)** | | Net loss per share - basic and diluted | ($0.14) | ($0.17) | | Weighted average shares outstanding | 8,764,959 | 5,523,174 | [Condensed Statements of Changes in Stockholders' Equity](index=5&type=section&id=Condensed%20Statements%20of%20Changes%20in%20Stockholders%27%20Equity) - Total stockholders' equity increased from **$29.15 million** at December 31, 2020, to **$30.52 million** at March 31, 2021. The increase was primarily driven by **$2.47 million** in proceeds from warrants exercised, offset by a net loss of **$1.25 million** for the quarter[8](index=8&type=chunk) [Condensed Statements of Cash Flows](index=6&type=section&id=Condensed%20Statements%20of%20Cash%20Flows) Condensed Statements of Cash Flows (Unaudited, for the three months ended March 31) | Cash Flow Activity | 2021 | 2020 | | :--- | :--- | :--- | | Net cash used in operating activities | ($855,783) | ($1,553,276) | | Net cash used in investing activities | ($55,574) | ($143,512) | | Net cash provided by financing activities | $2,422,582 | $279,632 | | **Net increase (decrease) in cash** | **$1,511,225** | **($1,417,156)** | | Cash at beginning of period | $26,702,804 | $3,849,456 | | **Cash at end of period** | **$28,214,029** | **$2,432,300** | [Condensed Notes To Condensed Financial Statements](index=7&type=section&id=Condensed%20Notes%20To%20Condensed%20Financial%20Statements) - The company develops, manufactures, and sells renewably energized infrastructure products for electric vehicle (EV) charging, outdoor media, and energy security[10](index=10&type=chunk) - For Q1 2021, sales to federal, state, and local governments represented **70% of revenues**. Three customers accounted for **32%**, **12%**, and **10% of total revenues**[19](index=19&type=chunk)[21](index=21&type=chunk) - The company had a cash balance of **$28.2 million** and working capital of **$29.5 million** as of March 31, 2021. Management believes it has sufficient cash to fund operations for at least the next twelve months[47](index=47&type=chunk) - Subsequent to the quarter end, warrants to purchase **18,233 shares** of common stock were exercised, generating proceeds of **$114,868**[77](index=77&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=16&type=section&id=Item%202%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management reported a 4% revenue increase to $1.37 million for Q1 2021, driven by diverse customer sales, but gross loss widened to $149,120 due to higher costs, while operating expenses rose 22% to $1.1 million, yet the company maintains a strong liquidity position with $28.2 million in cash and anticipates future growth and margin improvements - The company's main products are rapidly deployable, renewably energized infrastructure for EV charging, including the EV ARC™, Solar Tree® DCFC, and EV ARC™ DCFC[83](index=83&type=chunk)[84](index=84&type=chunk)[85](index=85&type=chunk) - Management views federal investment in EV infrastructure, such as President Biden's proposed **$174 billion investment**, as a significant potential source of future revenue. The company's GSA contract is expected to streamline procurement by federal agencies[89](index=89&type=chunk) Q1 2021 vs Q1 2020 Performance | Metric | Q1 2021 | Q1 2020 | Change | | :--- | :--- | :--- | :--- | | Revenues | $1,372,392 | $1,317,052 | +4% | | Gross Loss | ($149,120) | ($39,641) | Increased Loss | | Operating Expenses | $1,102,675 | $902,000 | +22% | | Net Loss | ($1,250,809) | ($942,521) | Increased Loss | - The company's cash position increased to **$28.2 million** at March 31, 2021, from **$26.7 million** at year-end 2020. Working capital also increased to **$29.5 million** from **$28.1 million**[101](index=101&type=chunk)[108](index=108&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=21&type=section&id=Item%203%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section is not applicable to the company for this reporting period - The company has indicated that Quantitative and Qualitative Disclosures About Market Risk are not applicable[113](index=113&type=chunk) [Controls and Procedures](index=21&type=section&id=Item%204%20Controls%20and%20Procedures) Management concluded that as of March 31, 2021, the company's disclosure controls and procedures were not fully effective, with a material weakness persisting due to the lack of automated manufacturing or purchasing systems, which the company plans to address by implementing a new ERP system in Q3 2021 - Management concluded that as of March 31, 2021, the company's disclosure controls and procedures were not yet sufficient to ensure timely and accurate reporting[115](index=115&type=chunk) - A material weakness was identified related to the lack of automated manufacturing or purchasing systems for inventory tracking, product costing, and labor. The company currently uses time-consuming manual processes[116](index=116&type=chunk) - The company plans to implement a new manufacturing and purchasing system (ERP) during fiscal 2021 to address the material weakness. The selection process was underway, with a decision expected in **Q3 2021**[116](index=116&type=chunk)[118](index=118&type=chunk) PART II OTHER INFORMATION [Legal Proceedings](index=23&type=section&id=Item%201.%20Legal%20Proceedings) As of the report date, the company is not involved in any ongoing or pending legal claims or proceedings that would have a material effect - There are no ongoing or pending legal claims or proceedings of which management is aware[120](index=120&type=chunk) [Risk Factors](index=23&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2020 - The company refers to the risk factors discussed in its Annual Report on Form 10-K for the year ended December 31, 2020, and notes no material changes[121](index=121&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=23&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities during the period - None reported[122](index=122&type=chunk) [Defaults Upon Senior Securities](index=23&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - None reported[122](index=122&type=chunk) [Mine Safety Disclosures](index=23&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This section is not applicable to the company - Not applicable[122](index=122&type=chunk) [Other Information](index=23&type=section&id=Item%205.%20Other%20Information) The company reported no other information - None reported[122](index=122&type=chunk) [Exhibits](index=23&type=section&id=Item%206.%20Exhibits) The report lists exhibits filed, including certifications by the CEO and CFO pursuant to the Sarbanes-Oxley Act and XBRL data files - Exhibits filed with the report include CEO and CFO certifications under Sections 302 and 906 of the Sarbanes-Oxley Act, as well as XBRL instance and schema documents[123](index=123&type=chunk)