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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES        
Net income (loss) $ (2,357,824) $ (1,648,191) $ (5,814,044) $ (370,822)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation and amortization 1,602,901 1,489,352 4,968,493 4,252,124
(Gain) loss on disposal of equipment (233,473) 1,071
Deferred income taxes (1,264,375) (1,178,098) (3,073,082) (368,933)
Stock-based compensation 175,954 170,972 493,458 442,243
Stock issued for services 1,714
Amortization of debt issuance costs 39,123 32,265 113,816 90,048
Bad debt expense 58,953 8,205 145,902 21,050
Changes in operating assets and liabilities        
Accounts receivable (726,901) 657,071 3,520,841 11,446,199
Inventories (4,451) (19,733) (54,285) 65,503
Prepaid expense and other current assets 190,956 (263,144) 155,926 278,560
Income taxes receivable (62,091) (1,400) (191,697)
Other assets 26,249 14,849 26,249 14,849
Accounts payable and accrued liabilities 624,521 958,066 (245,737) (2,806,459)
Net cash provided by (used in) operating activities (1,634,894) 159,523 4,378 12,873,736
INVESTING ACTIVITIES        
Purchases of property and equipment (232,010) (429,623) (4,804,328) (3,574,725)
Proceeds from disposal of equipment 321,725 5,000
Net cash provided by (used in) investing activities (232,010) (429,623) (4,482,603) (3,569,725)
FINANCING ACTIVITIES        
Net line of credit borrowings (payments) 2,117,214 376,522 4,612,343 (9,704,621)
Repayment on long-term debt (36,221) (34,703) (107,580) (202,562)
Payment of debt issuance costs (100,000) (50,000) (100,000)
Proceeds from exercise of warrants 77,100
Proceeds from exercise of stock options 12,250 198,285
Excess tax benefits from exercise of options and warrants 3,109 221,229
Net cash provided by (used in) financing activities 2,080,993 257,178 4,454,763 (9,510,569)
Net Increase (Decrease) in Cash and Cash Equivalents 214,089 (12,922) (23,462) (206,558)
Cash and Cash Equivalents, Beginning of Period 567,186 760,422 804,737 954,058
Cash and Cash Equivalents, End of Period 781,275 747,500 781,275 747,500
Supplemental cash flow information:        
Cash paid for interest 574,076 219,192 1,194,908 841,252
Cash paid for taxes 13,074 2,362 14,474 9,236
Supplemental Disclosure of Non-cash Investing and Financing Activities:        
Cashless exercise of stock options and warrants $ 2,751