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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash flow from operating activities          
Net Income (loss) $ (1,380,943) $ (1,396,667) $ (3,327,905) $ (3,496,046)  
Adjustment to reconcile comprehensive income/(loss) to net cash used in operating activities          
Depreciation and amortization 562,570 809,282 1,123,587 1,630,018  
Impairment on goodwill and Intangible assets 0 0 0 0  
Provision for Preference dividend     211,939 661,553  
Changes in fair value of warrants (388,552) 0 61,715 0  
Changes in estimate of contingent consideration 0 134,619 0 134,619  
Stock, option, restricted stock unit and warrant expense     490,175 574,769  
Foreign exchange translation adjustment     573 (2,519)  
Provision for Income taxes ( net of deferred income taxes) 16,590 0 (14,622) 0  
Loss on sale of fixed assets     0 0  
Increase (decrease) in:          
Accounts receivable     (673,381) 901,880  
Other current assets     (1,388) 172,549  
Increase (decrease) in:          
Accounts payable and accrued expenses     655,151 (856,177)  
Net cash provided by (used in) operating activities     (1,474,156) (279,354)  
Cash flow from investing activities          
Purchase of fixed assets     (27,698) (13,875)  
Acquisition consideration     (200,000) (1,069,260)  
Investments     0 0  
Net cash used in investing activities     (227,698) (1,083,135)  
Cash flow from financing activities          
Proceeds from bank loan and convertible notes, net     (191,762) (2,257,324)  
Non Controlling Interest - Net Income     0 0  
Contingent consideration for acquisitions     0 (975,438)  
Proceeds from issuance of common shares, net     2,123,425 628,281  
Net cash provided by financing activities     1,931,663 (2,604,481)  
Net increase (decrease) in cash and cash equivalents     229,809 (3,966,970)  
Cash and cash equivalents as at beginning of the period     1,371,331 4,882,084 $ 4,882,084
Cash at the end of the period $ 1,601,140 $ 915,114 $ 1,601,140 $ 915,114 $ 1,371,331