XML 41 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows from Operating Activities    
Net Income/(Loss) $ 350,843us-gaap_ProfitLoss $ (1,037,901)us-gaap_ProfitLoss
Adjustments to reconcile net income/(loss) to net cash provided by (used) in operating activities:    
Common stock for services 11,373us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 11,932us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Common stock for financing cost 237,915fil_CommonStockForFinancingCosts  
Interest earned on restricted certificate of deposit (15)us-gaap_InterestIncomeOther (19)us-gaap_InterestIncomeOther
Depreciation of property and equipment 70,583us-gaap_Depreciation 50,885us-gaap_Depreciation
Amortization of debt discount 24,480us-gaap_AmortizationOfDebtDiscountPremium 88,901us-gaap_AmortizationOfDebtDiscountPremium
Bad debt expense 334,410us-gaap_ProvisionForDoubtfulAccounts 143,512us-gaap_ProvisionForDoubtfulAccounts
Changes in operating assets and liabilities:    
Accounts receivable (1,909,323)us-gaap_IncreaseDecreaseInAccountsReceivable 426,596us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid and other current assets 172,422us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (186,691)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable 83,467us-gaap_IncreaseDecreaseInAccountsPayable 137,273us-gaap_IncreaseDecreaseInAccountsPayable
Accrued wholesale power purchases (2,837,131)fil_SumeIncreaseDecreaseInAccruedWholesalePowerPurchases (1,612,829)fil_SumeIncreaseDecreaseInAccruedWholesalePowerPurchases
Accrued expenses 474,921us-gaap_IncreaseDecreaseInAccruedLiabilities (57,510)us-gaap_IncreaseDecreaseInAccruedLiabilities
Advances related party   219,000us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent
Net cash used in operating activities (2,986,055)us-gaap_NetCashProvidedByUsedInOperatingActivities (1,816,851)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows from Investing Activities    
Sale (Purchase) of restricted cash (27,188)us-gaap_IncreaseDecreaseInRestrictedCash 22,053us-gaap_IncreaseDecreaseInRestrictedCash
Purchase of property and equipment (10,175)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (61,152)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (37,363)us-gaap_NetCashProvidedByUsedInInvestingActivities (39,099)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows from Financing    
Proceeds from note payable 3,075,550us-gaap_ProceedsFromNotesPayable  
Repayment on note payable (25,000)us-gaap_RepaymentsOfNotesPayable  
Dividends on Series A preferred stock   (24,440)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Dividends on Series B preferred stock (47,343)us-gaap_PaymentsOfDividends (20,996)us-gaap_PaymentsOfDividends
Proceeds from issuance of Series B preferred stock   1,799,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Proceeds from issuance of common shares in a private placement 100,000us-gaap_ProceedsFromIssuanceOfCommonStock  
Net cash provided by financing activity 3,103,207us-gaap_NetCashProvidedByUsedInFinancingActivities 1,753,564us-gaap_NetCashProvidedByUsedInFinancingActivities
Net Change in Cash 79,789us-gaap_CashPeriodIncreaseDecrease (102,386)us-gaap_CashPeriodIncreaseDecrease
Cash at Beginning of Period 550,342us-gaap_Cash 739,966us-gaap_Cash
Cash at End of Period 630,131us-gaap_Cash 637,580us-gaap_Cash
Supplemental Disclosure of Cash Flow Information:    
Income taxes paid      
Interest paid 134,023us-gaap_InterestPaid 76,207us-gaap_InterestPaid
Non-Cash Transactions:    
Issuance of common stock for dividend payable on Series A preferred stock   45,894us-gaap_StockIssued1
Issuance of common stock for dividend payable on Series B preferred stock $ 8,878fil_IssuanceOfCommonStockForDividendPayableOnSeriesBPreferredStock