v3.8.0.1
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (17,165,701) $ (14,322,082)
Adjustments to reconcile net loss to net cash (used in) provided from operating activities:    
Depreciation and amortization 11,705,198 5,338,919
Interest accretion on landfill liabilities 303,093 125,809
Amortization of capitalized loan fees and debt discount 607,738 416,128
Payment in kind interest converted to debt 702,482
Unrealized (gain) loss on derivatives 554,112 (853,031)
Bad debt expense 324,089
Stock issued to vendors for services 778,985
Stock and options issued to employees as incentive compensation 97,732 8,071,045
Gain on extinguisment of derivative liability (2,654,821)
Impairment expense 221,146 1,255,267
Gain on contigent liability (1,000,000)
Equipment issued to employee as compensation 53,516
Gain on disposal of equipment 841 3,053
Changes in working capital items, net of acquisitions:    
Accounts receivable, net of allowance (1,583,143) (489,884)
Prepaid expenses and other current assets (215,877) (60,122)
Deposits (500)
Accounts payable and accrued expenses (879,889) 932,570
Deferred compensation (769,709) (218,336)
Deferred revenue 2,136,465 481,940
Deferred Rent 53,783
Deferred Tax Liability 224,518 145,000
Net cash (used in) provided from operating activities (6,284,427) 604,761
Cash flows from investing activities:    
Investment in CFS Group of Companies (3,933,276)
Landfill additions (1,805,199) (350,699)
Acquisition of property, plant and equipment (1,998,090) (5,397,521)
Proceeds (Purchases) of short-term investments 1,953,969 (1,952,805)
Proceeds from direct financing lease 11,481
Cash proceeds received from post acquisition settlement 245,222
Proceeds from sale of property, plant and equipment 46,975
Net cash (used in) investing activities (5,771,115) (7,408,828)
Cash flows from financing activities:    
(Repayments) on notes due related parties (603,000)
Proceeds from loans 1,669,212 2,150,000
Cash paid for debt issusance cost (866,951)
Proceeds from issuance of common stock, net of fees 14,251,377 2,156,250
Proceeds from issuance of series D preferred stock, net of fees of $131,600 1,273,199
Proceeds from issuance of Series C Preferred Stock, net of placement fees of $79,688 1,195,312
Principal payments on capital lease (365,668)
Principal payments on notes payable (3,463,491) (179,534)
Net cash provided from financing activities 11,894,678 5,322,028
Net change in cash (160,864) (1,482,039)
Beginning cash 824,928 2,729,795
Ending cash 664,064 1,247,756
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 5,683,551 3,050,001
Supplemental Non-Cash Investing and Financing Information:    
Note payable incurred for acquisition 34,100,000
Common stock issued for consideration in an acquisition 1,251,000
Retirement of common stock and related top off provision through the issuance of Preferred Stock C(and related derivative liability) 2,673,480
Retirement of Preferred Stock C and related top off provision through the issuance of Common Stock (and related derivative liability) 1,227,065
Property, plant and equipment additions financed with notes payable and capital leases 6,763,190
Stock for cancellation of warrants 1,232,379
Debt issuance costs for common stock to be issued 191,000
Common Stock issued to placement agent 58,250
Series C Preferred Stock    
Supplemental Non-Cash Investing and Financing Information:    
Deemed dividend related to preferred stock 2,115,317
Stock dividend related to preferred stock 135,072
Series D Preferred Stock    
Supplemental Non-Cash Investing and Financing Information:    
Deemed dividend related to preferred stock 531,692
Stock dividend related to preferred stock $ 106,874

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