Quarterly report pursuant to Section 13 or 15(d)

6. Supplemental Disclosure of Cash Flow Information

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6. Supplemental Disclosure of Cash Flow Information
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
6. Supplemental Disclosure of Cash Flow Information

Supplemental cash flow information for the six months ended June 30, 2017 and 2016 is as follows:

 

    Six Months Ended June 30,  
Supplemental Cash Flow Information   2017     2016  
   Cash paid for interest   $ 4,139,659     $ 2,750,175  
   Cash paid for income taxes   $ -     $ -  
                 
Supplemental Non-Cash Investing and Financing Activities                
   Property and equipment acquired under capital leases or equipment financing obligations   $ 457,475     $ 141,240  
Conversion of preferred stock into common stock   $ 2,958,000     $ -  
   Dividend on Series B-2 preferred stock paid with the issuance of Fusion common stock   $ 323,701     $ 415,574  
   Obligations under asset purchase agreements   $ 1,350,000     $ 1,011,606