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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash $ 624,450 $ 313,757
Restricted cash 1,779,350 1,678,279
Accounts receivable, net 30,319,483 27,130,836
Prepaid and other current assets 1,737,856 915,362
Total current assets 34,461,139 30,038,234
Property and equipment, net 138,848 156,366
Deferred financing cost, net 27,486 44,972
Intangible asset, net 3,051,702 3,347,028
Total assets 37,679,175 33,586,600
Current liabilities    
Accounts payable 1,799,163 605,118
Accrued wholesale power purchased 10,750,643 8,944,275
Accrued transportation and distribution charges 6,321,029 5,942,457
Accrued expenses 3,536,518 3,260,174
Short-term related party debt 1,190,677 767,677
Short-term debt, net of debt discount 2,920,000 2,540,000
Total current liabilities 26,518,030 22,059,701
Total liabilities 26,518,030 22,059,701
Commitments and Contingencies 0 0
Stockholders' Equity    
Common Stock - $.001 par value, 100,000,000 shares authorized, 25,055,833 shares issued and outstanding at March 31, 2018 and December 31, 2017 25,055 25,055
Subscription receivable (52,000) (52,000)
Additional paid in capital 19,162,653 18,891,252
Accumulated deficit (7,974,563) (7,337,408)
Total stockholders' equity 11,161,145 11,526,899
Total liabilities and stockholders' equity $ 37,679,175 $ 33,586,600