|
The supplemental cash flow information
for the six months ended June 30, 2017 and 2016 (unaudited) is as follows:
| |
|
Six Months Ended June 30, |
|
| |
|
2017 |
|
|
2016 |
|
| Cash paid for interest |
|
$ |
976,984 |
|
|
$ |
858,741 |
|
| Cash paid for income taxes |
|
$ |
401,313 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
| Exchange of preferred stock for convertible debentures and warrants |
|
$ |
4,490,760 |
|
|
$ |
- |
|
| Exchange of convertible debentures for convertible debentures and warrants |
|
$ |
2,464,500 |
|
|
$ |
- |
|
| Notes payable settled through issuance of common stock |
|
$ |
440,000 |
|
|
$ |
- |
|
| Exchange of Series H Preferred Stock for debentures |
|
$ |
2,174,000 |
|
|
$ |
- |
|
| Debentures converted into common stock |
|
$ |
2,651,236 |
|
|
$ |
- |
|
| Deemed dividend for trigger of down round provision feature |
|
$ |
51,061,339 |
|
|
$ |
- |
|
| Conversions of preferred stock into common stock |
|
$ |
7,785,000 |
|
|
$ |
- |
|
|