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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities    
Net Income/(Loss) $ (637,155) $ (48,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Non-cash financing costs 22,486 22,486
Stock compensation expense 271,401 76,624
Depreciation of property and equipment 33,344 50,672
Amortization of deferred financing costs 295,326 0
Bad debt expense 100,272 501,261
Changes in operating assets and liabilities:    
Accounts receivable (3,288,919) (1,568,171)
Prepaid and other current assets (822,494) (50,920)
Accounts payable 1,194,045 63,029
Accrued wholesale power purchased 1,806,368 639,529
Accrued transportation and distribution charges 378,572 0
Accrued expenses 276,344 (417,227)
Net cash used in operating activities (370,410) (730,717)
Cash Flows from Investing Activities    
Purchase of property and equipment (15,826) (2,563)
Net cash used in investing activities (15,826) (2,563)
Cash Flows from Financing Activity    
Deferred financing costs (5,000) 0
Proceeds from related party debt 703,000 0
Repayment of related party debt (280,000) 0
Payment on Master Revolver Note (40,000) 0
Advance from short-term note 420,000 0
Net cash provided in financing activities 798,000
Net Increase (Decrease) in Cash and Restricted Cash 411,764 (733,280)
Cash and Restricted Cash at Beginning of Period 1,992,036 3,427,906
Cash and Restricted Cash at End of Period 2,403,800 2,694,626
Supplemental Disclosure of Cash Flow Information:    
Income taxes paid 0 0
Interest paid $ 253,387 $ 121,349