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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net loss $ (5,485,553) $ (1,983,579)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Stock-based compensation expense 642,840 659,836
Depreciation and amortization 7,180,089 6,991,010
Reduction in allowance for bad debt (320,013) (299,110)
Gain on commodity derivative contracts 2,458,359 (1,062,682)
Net cash settlement on commodity derivatives (2,841,052) 369,188
Gain on sale of assets 74,111 (45,553)
Gain on disposition 0 (241,416)
Amortization of debt discount and deferred costs 573,908 584,336
Deferred federal income tax   0
Decrease in fair value of derivative liability 487,524 (763,716)
Reduction in contingent consideration (15,564) (128,116)
Impairment of goodwill 0 176,349
Changes in operating assets and liabilities:    
Accounts receivable (2,652,864) 2,143,834
Inventory 1,543,918 (1,786,555)
Prepaid expenses (257,894) (597,146)
Accounts payable (1,171,433) 1,493,324
Accrued expenses 2,480,786 42,625
Other assets (223,995) (176,342)
Net cash provided by operating activities 2,473,167 5,376,287
Cash flows from investing activities    
Internally developed software (489,093) 0
Proceeds from the sale of assets 232,020 0
Acquisitions 0 (269,826)
Purchase of fixed assets (3,369,367) (2,499,117)
Net cash used in investing activities (3,626,440) (2,768,943)
Cash flows from financing activities    
Line of credit proceeds (payments), net (568,406) (746,891)
Proceeds received from issuance of common stock and warrants 2,216,711  
Proceeds from exercise of stock options 7,075 0
Distribution VRM LA 285,534 0
Contribution received from redeemable noncontrolling interest 3,150,000 0
Payments on finance leases 165,598  
Payments on finance leases   (77,886)
Proceeds from notes payable 2,809,139 4,024,964
Payments made on notes payable (4,660,120) (4,063,487)
Net cash provided by (used in) financing activities 2,503,267 (863,300)
Net change in cash and cash equivalents and restricted cash 1,349,994 1,744,044
Cash and cash equivalents and restricted cash at beginning of the year 2,849,831 1,105,787
Cash and cash equivalents and restricted cash at end of year 4,199,825 2,849,831
SUPPLEMENTAL INFORMATION    
Cash paid for interest 2,505,852 2,722,542
Cash paid for income taxes 0  
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Initial adjustment of carrying amount of redeemable noncontrolling interest 970,809 0
Accretion of redeemable noncontrolling interest to redemption value 2,279,371 0
Equipment acquired under capital leases 621,000 450,098
Contributed assets Vertex Recovery Management LA from non-controlling interest 0 857,738
Common restricted shares for Nickco acquisition 0 93,000
Series A Preferred Stock    
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Conversion of Preferred Stock into common stock   34
Series B and B-1 Preferred Stock    
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Conversion of Preferred Stock into common stock 2,560,373 6,613,052
Dividends on Series B and B-1 Preferred Stock 1,627,956 2,687,123
Accretion of discount on Series B and B-1 Preferred Stock $ 2,489,722 $ 3,132,414