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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flow from operating activities    
Comprehensive income/(loss) $ (5,003,010) $ (2,370,074)
Adjustment to reconcile comprehensive income/(loss) to net cash used in operating activities    
Depreciation and amortization 1,514,757 213,013
Provision for Preference dividend 1,004,791 0
Changes in estimate of contingent consideration (400,000) 0
Stock, option, restricted stock unit and warrant expense 2,470,980 443,705
Foreign exchange translation adjustment 3,150 0
Increase (decrease) in:    
Accounts receivable (660,293) 738,512
Other current assets (365,264) (137,412)
Increase (decrease) in:    
Accounts payable and accrued expenses (266,100) 946,105
Net cash provided by (used in) operating activities (1,700,989) (166,151)
Cash flow from investing activities    
Purchase of fixed assets (7,800) (130,394)
Acquisition consideration (694,711) (3,232,168)
Investments 0 82,908
Net cash used in investing activities (702,511) (3,279,654)
Cash flow from financing activities    
Proceeds from bank loan and convertible notes 2,064,746 171,434
Additional stock issued 0 5,000,000
Non-controlling interest 0 0
Net cash provided by financing activities 2,064,746 5,171,434
Net increase (decrease) in cash and cash equivalents (338,754) 1,725,629
Cash and cash equivalents as at beginning of the period 1,379,887 1,878,034
Cash at the end of the period $ 1,041,133 $ 3,603,663