v3.10.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 9,264,513 $ (10,555,170)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 527,448 35,247
Amortization of capitalized loan fees & debt discount 339,555
Unrealized gain on fair value and derivative liabilities (4,088,643) 816,997
Unrealized (gain) loss from change in fair value of contingent consideration (1,422,857)
Gain on disposal of assets (14,547,640) 4,097,135
Bad debt expense 1,082,336
Stock and Options issued to employees as incentive compensation 206,218 27,375
Gain(loss) on extinguishment of debt (1,141,154) (2,911,360)
Deferred tax liability 143,776
Changes in working capital items net of acquisitions:    
Accounts receivable, net of allowance (616,258)
Prepaid expenses and other current assets (336,378) (6,540)
Other current assets (15,903) (211,624)
Other deposits 162,206
Accounts payable 1,295,985 110,001
Accrued expenses 521,932 830,191
Deferred Rent (727) 54,149
Net cash provided by (used in) operating activities (8,625,590) (7,713,510)
CASH FLOW FROM INVESTING ACTIVITIES    
Proceeds from sale of waste business 3,000,000  
Acquisition of property, plant and equipment (131,019) (356,090)
Net cash provided by (used in) investing activities 2,868,981 (356,090)
CASH FLOWS FROM FINANCING ACTIVITIES    
(Repayments) borrowings on notes due related parties (6,891) 356,891
Proceeds from loans 4,900,000 8,599,644
Proceeds from issuance of Series F Preferred Stock, net of placement fees of $248000 2,002,000
Proceeds from warrant exercise 12,153
Principal payments on notes payable (1,271,883)
Net cash provided by (used in) financing activities 5,635,379 8,956,535
Net increase (decrease) in cash (121,230) 886,125
Cash at beginning of period 400,223
Cash at end of period 278,993 886,125
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 1,815,249 1,048,009
Supplemental Non-Cash Investing and Financing Information:    
Common stock issued for consideration in an acquisition 527,500  
Common Stock C(and related derivative liability) 2,644,951
Property, plant and equipment additions financed with notes payable and capital leases 195,646
Deemed dividend related to beneficial conversion feature of Series C Preferred Stock 2,115,317
Deemed dividend related to Series A and B warrants down round provision (9,648)
Deemed dividend related to Series D and E warrants down round provision (234,912)
Deemed dividend related to extinguishment of Series D Preferred Stock (4,915,011)
Deemed dividend related to conversion of Series D Preferred Stock (212,230)
Deemed dividend related to conversion of Series E Preferred Stock (386,978)
Deemed dividend related to issuance of Series F Preferred Stock $ (4,214,073)

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