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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net income (loss) $ (17,411,650) $ 7,537,848
Adjustments to reconcile net income to cash provided by (used in) operating activities    
Stock based compensation expense 176,426 101,378
Depreciation and amortization 3,118,296 1,800,950
Gain on acquisition 0 (6,481,051)
Loss on asset sale 63,410 0
Net decrease in fair value of derivative liability (1,816,982) 0
Deferred federal income tax 5,306,000 0
Changes in operating assets and liabilities    
Accounts receivable (3,096,566) (2,237,992)
Accounts receivable - other 0 950,000
Allowance for doubtful accounts 2,650,000 0
Notes receivable-related party 0 (1,027,321)
Inventory 3,532,326 (3,679,989)
Prepaid expenses (327,343) (2,717,571)
Costs in excess of billings 779,285 0
Accounts payable (640,352) 9,464,956
Deferred revenue 61,713 0
Other assets 0 (79,806)
Net cash provided by (used in) operating activities (7,605,437) 3,631,402
Cash flows from investing activities    
Acquisition of Omega 0 (28,764,099)
Purchase of fixed assets (1,196,240) (2,635,882)
Proceeds from asset sales 4,500 0
Notes receivable (500,000) 0
Net cash used in investing activities (1,691,740) (31,399,981)
Cash flows from financing activities    
Line of credit payments, net 0 304,000
Proceeds from sale of stock 23,557,552 15,803,000
Payments on notes payable (16,375,703) (9,634,029)
Proceeds from note payable 0 40,509,906
Proceeds from revolving note 1,815,795  
Debt issue cost 0 (2,452,157)
Proceeds from exercise of common stock options and warrants 0 211,062
Net cash provided by (used in) financing activities 8,997,644 44,741,782
Net change in cash and cash equivalents (299,533) 16,973,203
Cash and cash equivalents at beginning of the period 6,017,076 2,678,628
Cash and cash equivalents at end of period 5,717,543 19,651,831
SUPPLEMENTAL INFORMATION    
Cash paid for interest 2,071,299 733,046
Cash paid for income taxes 0 0
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Conversion of Series A Preferred Stock into common stock 17 644
Shares issued as payment 200,000 0
Beneficial conversion feature for Series B Preferred stock 5,725,819 0
Fair value of warrants issued with series B Preferred stock 7,028,067 0
E-Source Holdings, LLC    
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Note payable for acquisition of E-Source interest 0 854,050
Additional paid in capital for acquisition of E-Source interest $ 0 $ 231,260