Quarterly report pursuant to Section 13 or 15(d)

7. Supplemental Disclosure of Cash Flow Information

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7. Supplemental Disclosure of Cash Flow Information
9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
7. Supplemental Disclosure of Cash Flow Information

The following table summarizes the Company’s supplemental cash flows information:

 

    Nine Months Ended September 30,  
Supplemental Cash Flow Information   2016     2015  
   Cash paid for interest   $ 4,233,527     $ 3,961,498  
                 
Supplemental Non-Cash Investing and Financing Activities                
   Property and equipment acquired under capital leases     188,497       1,440,816  
   Dividends on Series B-2 preferred stock paid with the issuance of common stock     599,491       884,955  
   Due to Seller of RootAxcess     -       700,000  
   Equipment received in exchange for settlement of accounts receivable     -       105,570  
   Exercise of lenders warrants     -       364,167  
   Assets acquired under earn-out liability   $ 961,606     $ -