Restatement of Consolidated Financial Statements - Schedule of Effect of Restatement on Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands |
1 Months Ended |
3 Months Ended |
6 Months Ended |
9 Months Ended |
12 Months Ended |
24 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2018 |
Sep. 30, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 31, 2017 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Mar. 31, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2018 |
Cash and cash equivalents |
|
$ 12,170
|
|
|
|
$ 15,642
|
|
|
|
|
|
|
|
$ 12,170
|
$ 15,642
|
$ 12,170
|
Accounts receivable, net |
|
74,048
|
|
|
|
61,699
|
|
|
|
|
|
|
|
74,048
|
61,699
|
74,048
|
Costs and estimated earnings in excess of billings on uncompleted contract |
|
5,974
|
|
|
|
5,286
|
|
|
|
|
|
|
|
5,974
|
5,286
|
5,974
|
Other current assets |
|
3,994
|
|
|
|
6,283
|
|
|
|
|
|
|
|
3,994
|
6,283
|
3,994
|
Total current assets |
|
96,186
|
|
|
|
88,910
|
|
|
|
|
|
|
|
96,186
|
88,910
|
96,186
|
Property and equipment, net |
|
3,405
|
|
|
|
7,082
|
|
|
|
|
|
|
|
3,405
|
7,082
|
3,405
|
Intangible assets, net |
|
19,692
|
|
|
|
27,696
|
|
|
|
|
|
|
|
19,692
|
27,696
|
19,692
|
Goodwill |
|
45,007
|
|
|
|
45,007
|
|
|
|
|
|
|
|
45,007
|
45,007
|
45,007
|
Total assets |
|
164,290
|
|
|
|
168,695
|
|
|
|
|
|
|
|
164,290
|
168,695
|
164,290
|
Accounts payable |
|
77,076
|
|
|
|
43,894
|
|
|
|
|
|
|
|
77,076
|
43,894
|
77,076
|
Billings in excess of costs and estimated earnings on uncompleted contracts |
|
34,690
|
|
|
|
37,531
|
|
|
|
|
|
|
|
34,690
|
37,531
|
34,690
|
Accrued expenses and other current liabilities |
|
10,350
|
|
|
|
10,188
|
|
|
|
|
|
|
|
10,350
|
10,188
|
10,350
|
Convertible notes payable, net of original issue discount and deferred financing cost |
|
4,498
|
|
|
|
2,391
|
|
|
|
|
|
|
|
4,498
|
2,391
|
4,498
|
Merchant credit agreements |
|
2,102
|
|
|
|
4,239
|
|
|
|
|
|
|
|
2,102
|
4,239
|
2,102
|
Notes payable, current portion, net of original issue discount and deferred financing costs |
|
3,260
|
|
|
|
3,669
|
|
|
|
|
|
|
|
3,260
|
3,669
|
3,260
|
Notes payable, related parties, current portion |
|
13,776
|
|
|
|
8,576
|
|
|
|
|
|
|
|
13,776
|
8,576
|
13,776
|
Debt derivative liabilities |
|
8,038
|
|
|
|
48,195
|
|
|
|
|
|
|
|
8,038
|
48,195
|
8,038
|
Warrant derivative liabilities |
|
3,558
|
|
|
|
16,492
|
|
|
|
|
|
|
|
3,558
|
16,492
|
3,558
|
Total current liabilities |
|
191,687
|
|
|
|
175,175
|
|
|
|
|
|
|
|
191,687
|
175,175
|
191,687
|
Notes payable, non-current portion |
|
1,268
|
|
|
|
1,830
|
|
|
|
|
|
|
|
1,268
|
1,830
|
1,268
|
Notes payable, related parties, non-current, net of debt discount |
|
29,153
|
|
|
|
38,530
|
|
|
|
|
|
|
|
29,153
|
38,530
|
29,153
|
Senior note payable, non-current portion, net of original issue discount and deferred financing costs |
|
|
|
|
|
23,405
|
|
|
|
|
|
|
|
|
23,405
|
|
Deferred tax liability |
|
1,641
|
|
|
|
560
|
|
|
|
|
|
|
|
1,641
|
560
|
1,641
|
Total liabilities |
|
223,749
|
|
|
|
239,500
|
|
|
|
|
|
|
|
223,749
|
239,500
|
223,749
|
Commitments and contingencies (Note18) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, $0.001 par value, 100,000,000 shares authorized and 5,620,281 shares issued and outstanding at December 31, 2017 |
|
12
|
|
|
|
6
|
|
|
|
|
|
|
|
12
|
6
|
12
|
Additional paid-in capital |
|
113,881
|
|
|
|
56,979
|
|
|
|
|
|
|
|
113,881
|
56,979
|
113,881
|
Shares to be issued |
|
1,280
|
|
|
|
250
|
|
|
|
|
|
|
|
1,280
|
250
|
1,280
|
Accumulated deficit |
|
(174,632)
|
|
|
|
(128,040)
|
|
|
|
|
|
|
|
(174,632)
|
(128,040)
|
(174,632)
|
Total stockholders' equity (deficit) |
(17,820)
|
(59,459)
|
|
|
|
(70,805)
|
|
|
|
|
|
|
|
(59,459)
|
(70,805)
|
(59,459)
|
Total liabilities and stockholders' equity (deficit) |
|
164,290
|
|
|
|
168,695
|
|
|
|
|
|
|
|
164,290
|
168,695
|
164,290
|
Revenues, net of discounts |
|
|
|
|
|
|
|
|
|
|
|
|
|
384,755
|
215,509
|
|
Cost of revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
331,868
|
185,152
|
|
Gross profit |
|
|
|
|
|
|
|
|
|
|
|
|
|
52,887
|
30,357
|
|
Compensation expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
47,155
|
23,973
|
|
Selling, general and administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
40,287
|
13,518
|
|
Amortization of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
3,751
|
2,597
|
|
Loss on sale of asset |
|
|
|
|
|
|
|
|
|
|
|
|
|
13
|
(31)
|
|
Transaction expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
701
|
|
Total operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
91,180
|
40,820
|
|
Operating loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
(38,293)
|
(10,463)
|
|
Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
(9,067)
|
(6,309)
|
|
Amortization of deferred financing costs and debt discount |
|
|
|
|
|
|
|
|
|
|
|
|
|
48,248
|
15,079
|
|
Loss on conversion derivative liability |
|
|
|
|
|
|
|
|
|
|
|
|
|
17,177
|
(35,012)
|
|
Loss on warrant derivative liability |
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,678)
|
357
|
|
Other expense, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
(80)
|
(707)
|
|
Loss on issuance of notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,391
|
24,262
|
|
Extinguishment gain |
|
|
|
|
|
|
|
|
|
|
|
|
|
35,425
|
666
|
|
Total other expenses, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
(7,213)
|
(81,060)
|
|
Loss before provision for income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
(45,506)
|
(91,523)
|
|
Provision for income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
1,086
|
560
|
|
Net loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
(46,592)
|
(92,083)
|
138,675
|
Preferred stock dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
(80)
|
(80)
|
|
Net loss attributable to common shareholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (46,672)
|
$ (92,163)
|
|
Loss per common share: Basic and diluted |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (6.07)
|
$ (19.38)
|
|
Weighted average number of common shares outstanding Basic and diluted |
|
|
|
|
|
|
|
|
|
|
|
|
|
7,688,796
|
4,756,049
|
|
Depreciation expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 934
|
$ 760
|
|
Amortization of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
8,004
|
8,976
|
|
Amortization of debt discount and deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
52,259
|
12,914
|
|
Provision for bad debts |
|
|
|
|
|
|
|
|
|
|
|
|
|
(351)
|
551
|
|
Loss (gain) on sale of asset |
|
|
|
|
|
|
|
|
|
|
|
|
|
3,310
|
(31)
|
|
Late fee on senior debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
541
|
|
Payment in-kind interest-debt on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,167
|
1,595
|
|
Payment in-kind interest on related party notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
1,730
|
1,310
|
|
Share-based compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
18,438
|
4,343
|
|
Common shares issued for convertible note modifications, amendments, redemption agreements and settlements |
|
|
|
|
|
|
|
|
|
|
|
|
|
805
|
103
|
|
Convertible note issued for consulting expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400
|
|
Loss on issuance of convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,319
|
24,262
|
|
Gain on extinguishment of debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
(35,425)
|
(666)
|
|
(Gain) loss on warrant derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,678)
|
357
|
|
(Gain) loss on convertible derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
(17,177)
|
35,012
|
|
Accrued dividends, preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
(80)
|
(80)
|
|
Benefit from deferred income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
1,591
|
560
|
|
Accounts receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,998)
|
(46,408)
|
|
Cost and estimated earnings in excess of billings on uncompleted contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,530)
|
21,060
|
|
Other current assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
3,229
|
(468)
|
|
Accounts payable and accrued liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
36,120
|
31,061
|
|
Due to related party |
|
|
|
|
|
|
|
|
|
|
|
|
|
25
|
(109)
|
|
Net cash provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
17,854
|
3,960
|
|
Net cash paid for Benchmark Builders, Inc. acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(14,834)
|
|
Purchase of property and equipment |
|
|
|
|
|
|
|
|
|
|
|
|
|
(631)
|
(3,736)
|
|
Net cash (used in) provided by investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
(631)
|
(18,570)
|
|
Proceeds from issuance of convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
15,226
|
4,095
|
|
Payments on convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,947)
|
(1,426)
|
|
Proceeds from issuance of merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
17,356
|
5,718
|
|
Payments on merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
(47,545)
|
(2,624)
|
|
Proceeds from issuance of notes payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
650
|
1,400
|
|
Proceeds from issuance of senior note payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,115
|
12,695
|
|
Proceeds from issuance of Series C notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,500
|
|
Payments on notes payable – related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
(420)
|
|
|
Proceeds from sale of common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
7,370
|
3,338
|
|
Payment of deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
(540)
|
(521)
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
(20,695)
|
28,840
|
|
Net change in cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,472)
|
14,230
|
|
Cash, beginning of period |
|
|
|
|
$ 15,642
|
|
|
|
$ 1,412
|
$ 15,642
|
$ 1,412
|
$ 15,642
|
$ 1,412
|
15,642
|
1,412
|
1,412
|
Cash, end of period |
1,412
|
12,170
|
|
|
|
15,642
|
|
|
|
|
|
|
|
12,170
|
15,642
|
12,170
|
Series A Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As Previously Reported [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
|
$ 5,722
|
$ 12,884
|
9,638
|
15,642
|
$ 3,154
|
$ 7,835
|
2
|
12,884
|
7,835
|
5,722
|
3,154
|
|
15,642
|
|
Accounts receivable, net |
|
|
75,812
|
72,693
|
78,251
|
62,199
|
51,791
|
36,707
|
9,985
|
72,693
|
36,707
|
75,812
|
51,791
|
|
62,199
|
|
Costs and estimated earnings in excess of billings on uncompleted contract |
|
|
4,362
|
2,206
|
4,552
|
11,226
|
6,773
|
5,966
|
|
2,206
|
5,966
|
4,362
|
6,773
|
|
11,226
|
|
Other current assets |
|
|
6,416
|
8,814
|
9,782
|
7,256
|
7,727
|
6,736
|
3,649
|
8,814
|
6,736
|
6,416
|
7,727
|
|
7,256
|
|
Total current assets |
|
|
92,312
|
96,597
|
102,223
|
96,323
|
69,445
|
57,244
|
13,636
|
96,597
|
57,244
|
92,312
|
69,445
|
|
96,323
|
|
Property and equipment, net |
|
|
9,956
|
9,165
|
8,121
|
7,955
|
7,101
|
5,556
|
4,300
|
9,165
|
5,556
|
9,956
|
7,101
|
|
7,955
|
|
Intangible assets, net |
|
|
20,937
|
23,190
|
25,443
|
27,696
|
26,306
|
29,320
|
|
23,190
|
29,320
|
20,937
|
26,306
|
|
27,696
|
|
Goodwill |
|
|
35,672
|
35,672
|
35,672
|
35,672
|
46,922
|
46,922
|
|
35,672
|
46,922
|
35,672
|
46,922
|
|
35,672
|
|
Total assets |
|
|
158,877
|
164,624
|
171,459
|
167,646
|
149,774
|
139,042
|
17,936
|
164,624
|
139,042
|
158,877
|
149,774
|
|
167,646
|
|
Accounts payable |
|
|
29,307
|
40,175
|
46,095
|
35,134
|
33,531
|
22,255
|
2,332
|
40,175
|
22,255
|
29,307
|
33,531
|
|
35,134
|
|
Billings in excess of costs and estimated earnings on uncompleted contracts |
|
|
27,984
|
21,754
|
18,516
|
30,304
|
7,378
|
15,380
|
|
21,754
|
15,380
|
27,984
|
7,378
|
|
30,304
|
|
Accrued expenses and other current liabilities |
|
|
9,160
|
7,141
|
7,259
|
9,973
|
9,931
|
6,609
|
3,508
|
7,141
|
6,609
|
9,160
|
9,931
|
|
9,973
|
|
Convertible notes payable, net of original issue discount and deferred financing cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes payable, current portion, net of original issue discount and deferred financing costs |
|
|
17,474
|
14,343
|
10,182
|
10,488
|
14,022
|
12,012
|
5,431
|
14,343
|
12,012
|
17,474
|
14,022
|
|
10,488
|
|
Notes payable, related parties, current portion |
|
|
18,334
|
19,173
|
7,603
|
8,526
|
791
|
791
|
791
|
19,173
|
791
|
18,334
|
791
|
|
8,526
|
|
Debt derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant derivative liabilities |
|
|
|
|
|
|
303
|
2,336
|
3,357
|
|
2,336
|
|
303
|
|
|
|
Total current liabilities |
|
|
133,437
|
131,336
|
89,683
|
94,425
|
66,299
|
59,537
|
15,609
|
131,336
|
59,537
|
133,437
|
66,299
|
|
94,425
|
|
Notes payable, non-current portion |
|
|
1,414
|
1,617
|
1,934
|
1,955
|
46,899
|
46,981
|
7,300
|
1,617
|
46,981
|
1,414
|
46,899
|
|
1,955
|
|
Notes payable, related parties, non-current, net of debt discount |
|
|
28,463
|
27,775
|
39,523
|
38,530
|
|
|
|
27,775
|
|
28,463
|
|
|
38,530
|
|
Senior note payable, non-current portion, net of original issue discount and deferred financing costs |
|
|
|
|
26,408
|
24,143
|
20,022
|
19,951
|
5,082
|
|
19,951
|
|
20,022
|
|
24,143
|
|
Deferred tax liability |
|
|
1,128
|
1,007
|
1,122
|
560
|
|
|
|
1,007
|
|
1,128
|
|
|
560
|
|
Total liabilities |
|
|
164,442
|
161,735
|
158,670
|
159,613
|
133,220
|
126,469
|
27,991
|
161,735
|
126,469
|
164,442
|
133,220
|
|
159,613
|
|
Commitments and contingencies (Note18) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, $0.001 par value, 100,000,000 shares authorized and 5,620,281 shares issued and outstanding at December 31, 2017 |
|
|
8
|
7
|
6
|
6
|
5
|
130
|
88
|
7
|
130
|
8
|
5
|
|
6
|
|
Additional paid-in capital |
|
|
71,421
|
67,677
|
57,792
|
49,381
|
45,625
|
43,011
|
17,484
|
67,677
|
43,011
|
71,421
|
45,625
|
|
49,381
|
|
Shares to be issued |
|
|
|
|
6,681
|
625
|
75
|
2,201
|
615
|
|
2,201
|
|
75
|
|
625
|
|
Subscriptions receivable |
|
|
(2,941)
|
(2,769)
|
(3,222)
|
(3,675)
|
(3,588)
|
(4,656)
|
(5,658)
|
(2,769)
|
(4,656)
|
(2,941)
|
(3,588)
|
|
(3,675)
|
|
Accumulated deficit |
|
|
(74,053)
|
(62,026)
|
(48,468)
|
(38,304)
|
(25,563)
|
(28,113)
|
(23,021)
|
(62,026)
|
(28,113)
|
(74,053)
|
(25,563)
|
|
(38,304)
|
|
Total stockholders' equity (deficit) |
|
|
(5,565)
|
2,889
|
12,789
|
8,033
|
16,554
|
12,573
|
(10,492)
|
2,889
|
12,573
|
(5,565)
|
16,554
|
|
8,033
|
|
Total liabilities and stockholders' equity (deficit) |
|
|
158,877
|
164,624
|
171,459
|
167,646
|
149,774
|
139,042
|
17,936
|
164,624
|
139,042
|
158,877
|
149,774
|
|
167,646
|
|
Revenues, net of discounts |
|
|
92,224
|
|
85,145
|
|
79,083
|
50,697
|
5,086
|
171,511
|
55,783
|
263,735
|
134,866
|
|
243,409
|
|
Cost of revenues |
|
|
76,311
|
72,415
|
73,654
|
|
63,553
|
42,377
|
2,678
|
146,069
|
45,055
|
222,380
|
108,608
|
|
206,394
|
|
Gross profit |
|
|
15,913
|
|
11,491
|
|
15,530
|
8,320
|
2,408
|
25,442
|
10,728
|
41,355
|
26,258
|
|
37,015
|
|
Compensation expense |
|
|
9,283
|
6,856
|
5,638
|
|
5,312
|
4,169
|
1,187
|
12,494
|
5,356
|
21,777
|
10,668
|
|
19,413
|
|
Selling, general and administrative expenses |
|
|
9,045
|
5,855
|
4,639
|
|
4,414
|
4,000
|
1,187
|
10,494
|
5,188
|
19,653
|
9,696
|
|
14,934
|
|
Amortization of intangible assets |
|
|
938
|
938
|
938
|
|
768
|
589
|
|
1,876
|
589
|
2,813
|
1,358
|
|
2,597
|
|
Loss on sale of asset |
|
|
|
(47)
|
33
|
|
|
429
|
|
(13)
|
472
|
|
376
|
|
31
|
|
Transaction expenses |
|
|
|
33
|
93
|
|
246
|
1,409
|
11
|
125
|
1,419
|
|
1,666
|
|
1,666
|
|
Total operating expenses |
|
|
19,266
|
13,635
|
11,341
|
|
10,740
|
10,596
|
2,385
|
24,976
|
13,024
|
44,243
|
23,764
|
|
38,641
|
|
Operating loss |
|
|
(3,353)
|
|
150
|
|
4,790
|
(2,276)
|
23
|
466
|
(2,296)
|
(2,888)
|
2,494
|
|
(1,626)
|
|
Interest expense |
|
|
(2,140)
|
(2,889)
|
(913)
|
|
(1,824)
|
(1,793)
|
(734)
|
(3,802)
|
(2,527)
|
(5,942)
|
(4,351)
|
|
(5,819)
|
|
Amortization of deferred financing costs and debt discount |
|
|
(4,318)
|
(3,458)
|
(5,912)
|
|
(1,332)
|
(1,934)
|
(397)
|
(9,370)
|
(2,331)
|
(13,688)
|
(3,663)
|
|
(6,349)
|
|
Loss on conversion derivative liability |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss on warrant derivative liability |
|
|
|
|
|
|
2,033
|
1,021
|
(2,200)
|
|
(1,179)
|
|
854
|
|
|
|
Other expense, net |
|
|
(572)
|
(1,421)
|
(597)
|
|
(7)
|
10
|
(100)
|
(1,744)
|
(46)
|
(2,316)
|
(52)
|
|
(123)
|
|
Loss on issuance of notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Extinguishment gain |
|
|
|
|
(322)
|
|
|
|
|
|
|
|
|
|
|
|
Financing costs |
|
|
(1,374)
|
(6,214)
|
(2,002)
|
|
(139)
|
|
(563)
|
(8,812)
|
(563)
|
(10,187)
|
(702)
|
|
(5,552)
|
|
Total other expenses, net |
|
|
(8,404)
|
(13,982)
|
(9,746)
|
|
(1,269)
|
(2,696)
|
(3,994)
|
(23,728)
|
(6,646)
|
(32,113)
|
(7,914)
|
|
(17,843)
|
|
Loss before provision for income taxes |
|
|
(11,757)
|
(13,665)
|
(9,596)
|
|
3,521
|
(4,972)
|
(3,971)
|
(23,262)
|
(8,942)
|
(35,021)
|
(5,420)
|
|
(19,469)
|
|
Provision for income taxes |
|
|
268
|
(107)
|
568
|
|
972
|
121
|
|
460
|
121
|
728
|
1,093
|
|
560
|
|
Net loss |
|
|
(12,025)
|
(13,558)
|
(10,164)
|
|
2,549
|
(5,093)
|
(3,971)
|
(23,722)
|
(9,063)
|
(35,749)
|
(6,513)
|
|
(20,029)
|
|
Preferred stock dividends |
|
|
(20)
|
(20)
|
(20)
|
|
(20)
|
(20)
|
(20)
|
(40)
|
(40)
|
(60)
|
(60)
|
|
(80)
|
|
Net loss attributable to common shareholders |
|
|
$ (12,045)
|
$ (13,578)
|
$ (10,184)
|
|
$ 2,529
|
$ (5,113)
|
$ (3,991)
|
(23,762)
|
$ (9,103)
|
$ (35,809)
|
$ (6,573)
|
|
$ (20,109)
|
|
Loss per common share: Basic and diluted |
|
|
$ (1.89)
|
$ (2.26)
|
$ (2.09)
|
|
$ 0.47
|
$ (1.02)
|
$ (1.09)
|
|
$ (2.11)
|
$ (6.36)
|
$ (1.40)
|
|
$ (4.23)
|
|
Weighted average number of common shares outstanding Basic and diluted |
|
|
6,372,775
|
5,997,856
|
4,876,131
|
|
5,367,208
|
4,989,451
|
3,677,614
|
|
4,305,814
|
5,630,556
|
4,699,369
|
|
4,748,563
|
|
Depreciation expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 870
|
|
Amortization of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,976
|
|
Amortization of debt discount and deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,010
|
|
Provision for bad debts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
551
|
|
Loss (gain) on sale of asset |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31
|
|
Late fee on senior debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
541
|
|
Payment in-kind interest-debt on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
934
|
|
Payment in-kind interest on related party notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,310
|
|
Share-based compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,681
|
|
Common shares issued for convertible note modifications, amendments, redemption agreements and settlements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Convertible note issued for consulting expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss on issuance of convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gain on extinguishment of debt |
|
|
|
|
$ 322
|
|
|
|
|
|
|
|
|
|
|
|
(Gain) loss on warrant derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Gain) loss on convertible derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt financing expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
531
|
|
Accrued dividends, preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefit from deferred income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(599)
|
|
Accounts receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(41,106)
|
|
Cost and estimated earnings in excess of billings on uncompleted contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19,078
|
|
Other current assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,888
|
|
Accounts payable and accrued liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,463
|
|
Due to related party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,130
|
|
Net cash paid for Benchmark Builders, Inc. acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(14,834)
|
|
Purchase of property and equipment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,208)
|
|
Net cash (used in) provided by investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(20,042)
|
|
Proceeds from issuance of convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments on convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments on merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of notes payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,158
|
|
Payments on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,342)
|
|
Proceeds from issuance of senior note payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,210
|
|
Proceeds from issuance of Series C notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,500
|
|
Payments on notes payable – related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(112)
|
|
Proceeds from sale of common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,338
|
|
Payment of deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(610)
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30,142
|
|
Net change in cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,230
|
|
Cash, beginning of period |
|
|
|
|
15,642
|
|
|
|
$ 1,412
|
15,642
|
1,412
|
15,642
|
1,412
|
15,642
|
1,412
|
1,412
|
Cash, end of period |
1,412
|
|
|
|
|
15,642
|
|
|
|
|
|
|
|
|
15,642
|
|
As Previously Reported [Member] | Series A Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As Previously Reported [Member] | Series A-1 Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
|
2
|
2
|
24
|
|
|
|
|
2
|
|
2
|
|
|
|
|
Accounts receivable, net |
|
|
(10,179)
|
(12,779)
|
(17,166)
|
(500)
|
212
|
(1,705)
|
(5,446)
|
(12,779)
|
(1,705)
|
(10,179)
|
212
|
|
(500)
|
|
Costs and estimated earnings in excess of billings on uncompleted contract |
|
|
(1,434)
|
1,023
|
(1,107)
|
(5,940)
|
1,035
|
(1,313)
|
|
1,023
|
(1,313)
|
(1,434)
|
1,035
|
|
(5,940)
|
|
Other current assets |
|
|
(173)
|
(1,796)
|
(273)
|
(973)
|
(1,270)
|
(1,224)
|
(1,443)
|
(1,796)
|
(1,224)
|
(173)
|
(1,270)
|
|
(973)
|
|
Total current assets |
|
|
(11,784)
|
(13,550)
|
(18,522)
|
(7,413)
|
(23)
|
(4,242)
|
(6,889)
|
(13,550)
|
(4,242)
|
(11,784)
|
(23)
|
|
(7,413)
|
|
Property and equipment, net |
|
|
(3,353)
|
(2,367)
|
(1,466)
|
(873)
|
(130)
|
(106)
|
(25)
|
(2,367)
|
(106)
|
(3,353)
|
(130)
|
|
(873)
|
|
Intangible assets, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill |
|
|
9,335
|
9,335
|
9,335
|
9,335
|
9,790
|
9,790
|
|
9,335
|
9,790
|
9,335
|
9,790
|
|
9,335
|
|
Total assets |
|
|
(5,802)
|
(6,582)
|
(10,653)
|
1,049
|
9,637
|
5,442
|
(6,914)
|
(6,582)
|
5,442
|
(5,802)
|
9,637
|
|
1,049
|
|
Accounts payable |
|
|
(389)
|
(477)
|
(366)
|
8,760
|
6,103
|
4,005
|
(148)
|
(477)
|
4,005
|
(389)
|
6,103
|
|
8,760
|
|
Billings in excess of costs and estimated earnings on uncompleted contracts |
|
|
7,881
|
10,498
|
8,588
|
7,227
|
512
|
7,209
|
|
10,498
|
7,209
|
7,881
|
512
|
|
7,227
|
|
Accrued expenses and other current liabilities |
|
|
778
|
1,651
|
282
|
215
|
704
|
750
|
784
|
1,651
|
750
|
778
|
704
|
|
215
|
|
Convertible notes payable, net of original issue discount and deferred financing cost |
|
|
8,186
|
4,591
|
3,548
|
2,391
|
1,818
|
813
|
175
|
4,591
|
813
|
8,186
|
1,818
|
|
2,391
|
|
Merchant credit agreements |
|
|
4,821
|
2,668
|
2,369
|
4,239
|
482
|
57
|
36
|
2,668
|
57
|
4,821
|
482
|
|
4,239
|
|
Notes payable, current portion, net of original issue discount and deferred financing costs |
|
|
(14,347)
|
(11,466)
|
(6,910)
|
(6,819)
|
(9,713)
|
(7,753)
|
3,754
|
(11,466)
|
(7,753)
|
(14,347)
|
(9,713)
|
|
(6,819)
|
|
Notes payable, related parties, current portion |
|
|
|
(850)
|
|
50
|
5,087
|
7,293
|
35
|
(850)
|
7,293
|
|
5,087
|
|
50
|
|
Debt derivative liabilities |
|
|
11,885
|
8,416
|
22,077
|
48,195
|
36,482
|
13,467
|
2,773
|
8,416
|
13,467
|
11,885
|
36,482
|
|
48,195
|
|
Warrant derivative liabilities |
|
|
11,522
|
26,793
|
29,897
|
16,492
|
14,543
|
24,874
|
5,060
|
26,793
|
24,874
|
11,522
|
14,543
|
|
16,492
|
|
Total current liabilities |
|
|
30,073
|
41,373
|
85,292
|
80,750
|
55,764
|
50,672
|
12,434
|
41,373
|
50,672
|
30,073
|
55,764
|
|
80,750
|
|
Notes payable, non-current portion |
|
|
|
|
(125)
|
(125)
|
(45,013)
|
(44,959)
|
(5,171)
|
|
(44,959)
|
|
(45,013)
|
|
(125)
|
|
Notes payable, related parties, non-current, net of debt discount |
|
|
|
|
|
|
42,500
|
42,500
|
|
|
42,500
|
|
42,500
|
|
|
|
Senior note payable, non-current portion, net of original issue discount and deferred financing costs |
|
|
|
|
(26,408)
|
(738)
|
3,539
|
(238)
|
(1,113)
|
|
(238)
|
|
3,539
|
|
(738)
|
|
Deferred tax liability |
|
|
513
|
|
(39)
|
|
|
|
|
|
|
513
|
|
|
|
|
Total liabilities |
|
|
30,586
|
41,373
|
58,720
|
79,887
|
56,790
|
47,975
|
6,150
|
41,373
|
47,975
|
30,586
|
56,790
|
|
79,887
|
|
Commitments and contingencies (Note18) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, $0.001 par value, 100,000,000 shares authorized and 5,620,281 shares issued and outstanding at December 31, 2017 |
|
|
|
|
|
|
|
(115)
|
(85)
|
|
(115)
|
|
|
|
|
|
Additional paid-in capital |
|
|
21,231
|
8,876
|
8,436
|
7,598
|
8,101
|
7,104
|
6,648
|
8,876
|
7,104
|
21,231
|
8,101
|
|
7,598
|
|
Shares to be issued |
|
|
|
|
(375)
|
(375)
|
175
|
550
|
|
|
550
|
|
175
|
|
(375)
|
|
Subscriptions receivable |
|
|
2,941
|
2,769
|
3,222
|
3,675
|
3,588
|
4,656
|
5,658
|
2,769
|
4,656
|
2,941
|
3,588
|
|
3,675
|
|
Accumulated deficit |
|
|
(60,560)
|
(59,600)
|
(80,656)
|
(89,736)
|
(59,017)
|
(54,728)
|
(25,285)
|
(59,600)
|
(54,728)
|
(60,560)
|
(59,017)
|
|
(89,736)
|
|
Total stockholders' equity (deficit) |
|
|
(36,388)
|
(47,955)
|
(69,373)
|
(78,838)
|
(47,153)
|
(42,533)
|
(13,064)
|
(47,955)
|
(42,533)
|
(36,388)
|
(47,153)
|
|
(78,838)
|
|
Total liabilities and stockholders' equity (deficit) |
|
|
(5,802)
|
(6,582)
|
(10,653)
|
1,049
|
9,637
|
5,442
|
(6,914)
|
(6,582)
|
5,442
|
(5,802)
|
9,637
|
|
1,049
|
|
Revenues, net of discounts |
|
|
(3,387)
|
|
5,308
|
|
17,744
|
(8,116)
|
357
|
2,467
|
(7,759)
|
(920)
|
9,985
|
|
(27,900)
|
|
Cost of revenues |
|
|
(6,170)
|
(1,966)
|
4,569
|
|
9,498
|
(9,051)
|
15
|
2,603
|
(9,036)
|
(3,567)
|
462
|
|
(21,242)
|
|
Gross profit |
|
|
2,783
|
|
739
|
|
8,246
|
935
|
342
|
(136)
|
1,277
|
2,647
|
9,523
|
|
(6,658)
|
|
Compensation expense |
|
|
11,038
|
757
|
224
|
|
716
|
380
|
3,040
|
981
|
3,420
|
12,019
|
4,136
|
|
4,560
|
|
Selling, general and administrative expenses |
|
|
656
|
1,075
|
907
|
|
(1,605)
|
14
|
(198)
|
1,982
|
(185)
|
2,524
|
(1,884)
|
|
(1,416)
|
|
Amortization of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
Loss on sale of asset |
|
|
|
|
|
|
(236)
|
(801)
|
(8)
|
(1)
|
(852)
|
(14)
|
(992)
|
|
|
|
Transaction expenses |
|
|
|
(33)
|
(93)
|
|
|
(1,154)
|
189
|
(125)
|
(964)
|
|
(965)
|
|
(965)
|
|
Total operating expenses |
|
|
11,694
|
1,799
|
1,038
|
|
(1,125)
|
(1,561)
|
3,023
|
2,837
|
1,419
|
14,530
|
295
|
|
2,179
|
|
Operating loss |
|
|
(8,911)
|
|
(299)
|
|
9,371
|
2,496
|
(2,681)
|
(2,973)
|
(142)
|
(11,883)
|
9,228
|
|
(8,837)
|
|
Interest expense |
|
|
(74)
|
(71)
|
(122)
|
|
(82)
|
(131)
|
(123)
|
(193)
|
(254)
|
(267)
|
(335)
|
|
(490)
|
|
Amortization of deferred financing costs and debt discount |
|
|
(4,059)
|
(3,685)
|
(2,215)
|
|
(1,569)
|
(1,743)
|
(857)
|
(5,900)
|
(2,600)
|
(9,959)
|
(4,169)
|
|
(8,730)
|
|
Loss on conversion derivative liability |
|
|
(2,627)
|
6,313
|
11,759
|
|
(22,133)
|
498
|
97
|
18,072
|
595
|
15,445
|
(21,539)
|
|
(35,012)
|
|
Loss on warrant derivative liability |
|
|
14,787
|
2,748
|
(13,821)
|
|
10,398
|
(8,684)
|
(2,450)
|
(11,073)
|
(11,134)
|
3,714
|
(736)
|
|
(357)
|
|
Other expense, net |
|
|
602
|
2,191
|
(190)
|
|
301
|
(1,390)
|
156
|
1,727
|
(1,278)
|
2,329
|
(977)
|
|
(584)
|
|
Loss on issuance of notes |
|
|
(203)
|
(1,591)
|
(2,860)
|
|
(911)
|
(23,350)
|
(3,085)
|
(4,451)
|
(23,350)
|
(4,654)
|
(24,262)
|
|
(24,262)
|
|
Extinguishment gain |
|
|
(1,485)
|
11,607
|
14,823
|
|
190
|
2,873
|
|
26,108
|
(212)
|
24,623
|
(21)
|
|
666
|
|
Financing costs |
|
|
1,374
|
6,214
|
2,002
|
|
139
|
|
563
|
8,812
|
563
|
10,187
|
702
|
|
5,552
|
|
Total other expenses, net |
|
|
8,315
|
23,726
|
9,376
|
|
(13,667)
|
(31,927)
|
(5,699)
|
33,102
|
(37,670)
|
41,418
|
(51,337)
|
|
(63,217)
|
|
Loss before provision for income taxes |
|
|
(596)
|
21,051
|
9,077
|
|
(4,296)
|
(29,431)
|
(8,380)
|
30,129
|
(37,812)
|
29,535
|
(42,109)
|
|
(72,054)
|
|
Provision for income taxes |
|
|
366
|
(8)
|
|
|
1
|
|
|
(7)
|
|
359
|
1
|
|
|
|
Net loss |
|
|
(962)
|
12,759
|
4,677
|
|
(4,297)
|
(29,431)
|
(8,380)
|
30,136
|
(38,812)
|
29,176
|
(42,110)
|
|
(72,054)
|
|
Preferred stock dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss attributable to common shareholders |
|
|
$ (962)
|
$ 12,759
|
$ 9,077
|
|
$ (4,297)
|
$ (29,431)
|
$ (8,380)
|
30,136
|
$ (38,812)
|
$ 29,176
|
$ (42,110)
|
|
$ (72,054)
|
|
Loss per common share: Basic and diluted |
|
|
$ (0.12)
|
$ 1.93
|
$ 1.55
|
|
$ (0.80)
|
$ (6.15)
|
$ (2.53)
|
|
$ (9.33)
|
$ 4.33
|
$ (9.36)
|
|
$ (15.15)
|
|
Weighted average number of common shares outstanding Basic and diluted |
|
|
7,745,537
|
6,601,685
|
5,851,288
|
|
5,367,966
|
4,787,556
|
3,312,373
|
|
4,054,039
|
6,739,775
|
4,496,828
|
|
4,756,049
|
|
Depreciation expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (110)
|
|
Amortization of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of debt discount and deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,904
|
|
Provision for bad debts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss (gain) on sale of asset |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(62)
|
|
Late fee on senior debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment in-kind interest-debt on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
661
|
|
Payment in-kind interest on related party notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,662
|
|
Common shares issued for convertible note modifications, amendments, redemption agreements and settlements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
103
|
|
Convertible note issued for consulting expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400
|
|
Loss on issuance of convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24,262
|
|
Gain on extinguishment of debt |
|
|
$ 1,485
|
$ (11,607)
|
$ (14,823)
|
|
$ (190)
|
$ (2,873)
|
|
(26,108)
|
$ 212
|
$ (24,623)
|
$ 21
|
|
(666)
|
|
(Gain) loss on warrant derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
357
|
|
(Gain) loss on convertible derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35,012
|
|
Debt financing expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(531)
|
|
Accrued dividends, preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(80)
|
|
Benefit from deferred income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,159
|
|
Accounts receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,302)
|
|
Cost and estimated earnings in excess of billings on uncompleted contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,982
|
|
Other current assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,356)
|
|
Accounts payable and accrued liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,598
|
|
Due to related party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(109)
|
|
Net cash provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(170)
|
|
Net cash paid for Benchmark Builders, Inc. acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase of property and equipment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,472
|
|
Net cash (used in) provided by investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,472
|
|
Proceeds from issuance of convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,095
|
|
Payments on convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,426)
|
|
Proceeds from issuance of merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,718
|
|
Payments on merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,624)
|
|
Proceeds from issuance of notes payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,758)
|
|
Payments on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,007
|
|
Proceeds from issuance of senior note payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(515)
|
|
Proceeds from issuance of Series C notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments on notes payable – related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
112
|
|
Proceeds from sale of common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment of deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
89
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,302)
|
|
Net change in cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash, beginning of period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash, end of period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments [Member] | Series A Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments [Member] | Series A-1 Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments [Member] | Series G Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As Restated [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
|
5,724
|
12,886
|
9,662
|
15,642
|
3,154
|
7,835
|
2
|
12,886
|
7,835
|
5,724
|
3,154
|
|
15,642
|
|
Accounts receivable, net |
|
|
65,633
|
59,914
|
61,085
|
61,699
|
52,003
|
35,002
|
4,539
|
59,914
|
35,002
|
65,633
|
52,003
|
|
61,699
|
|
Costs and estimated earnings in excess of billings on uncompleted contract |
|
|
2,928
|
3,229
|
3,445
|
5,286
|
7,808
|
4,653
|
|
3,229
|
4,653
|
2,928
|
7,808
|
|
5,286
|
|
Other current assets |
|
|
6,243
|
7,018
|
9,509
|
6,283
|
6,457
|
5,512
|
2,206
|
7,018
|
5,512
|
6,243
|
6,457
|
|
6,283
|
|
Total current assets |
|
|
80,528
|
83,047
|
83,701
|
88,910
|
69,422
|
53,002
|
6,747
|
83,047
|
53,002
|
80,528
|
69,422
|
|
88,910
|
|
Property and equipment, net |
|
|
6,603
|
6,798
|
6,655
|
7,082
|
6,971
|
5,450
|
4,275
|
6,798
|
5,450
|
6,603
|
6,971
|
|
7,082
|
|
Intangible assets, net |
|
|
20,937
|
23,190
|
25,443
|
27,696
|
26,306
|
29,320
|
|
23,190
|
29,320
|
20,937
|
26,306
|
|
27,696
|
|
Goodwill |
|
|
45,007
|
45,007
|
45,007
|
45,007
|
56,712
|
56,712
|
|
45,007
|
56,712
|
45,007
|
56,712
|
|
45,007
|
|
Total assets |
|
|
153,075
|
158,042
|
160,806
|
168,695
|
159,411
|
144,484
|
11,022
|
158,042
|
144,484
|
153,075
|
159,411
|
|
168,695
|
|
Accounts payable |
|
|
28,918
|
39,698
|
45,729
|
43,894
|
39,634
|
26,260
|
2,184
|
39,698
|
26,260
|
28,918
|
39,634
|
|
43,894
|
|
Billings in excess of costs and estimated earnings on uncompleted contracts |
|
|
35,865
|
32,252
|
27,104
|
37,531
|
7,890
|
22,589
|
|
32,252
|
22,589
|
35,865
|
7,890
|
|
37,531
|
|
Accrued expenses and other current liabilities |
|
|
9,938
|
8,792
|
7,541
|
10,188
|
10,635
|
7,359
|
4,292
|
8,792
|
7,359
|
9,938
|
10,635
|
|
10,188
|
|
Convertible notes payable, net of original issue discount and deferred financing cost |
|
|
8,186
|
4,591
|
3,548
|
2,391
|
1,818
|
813
|
175
|
4,591
|
813
|
8,186
|
1,818
|
|
2,391
|
|
Merchant credit agreements |
|
|
4,821
|
2,668
|
2,369
|
4,239
|
482
|
57
|
36
|
2,668
|
57
|
4,821
|
482
|
|
4,239
|
|
Notes payable, current portion, net of original issue discount and deferred financing costs |
|
|
3,127
|
2,877
|
3,272
|
3,669
|
4,309
|
4,259
|
9,185
|
2,877
|
4,259
|
3,127
|
4,309
|
|
3,669
|
|
Notes payable, related parties, current portion |
|
|
18,334
|
18,323
|
7,603
|
8,576
|
5,878
|
8,084
|
826
|
18,323
|
8,084
|
18,334
|
5,878
|
|
8,576
|
|
Debt derivative liabilities |
|
|
11,885
|
8,416
|
22,077
|
48,195
|
36,482
|
13,467
|
2,773
|
8,416
|
13,467
|
11,885
|
36,482
|
|
48,195
|
|
Warrant derivative liabilities |
|
|
11,522
|
26,793
|
29,897
|
16,492
|
14,846
|
27,210
|
8,417
|
26,793
|
27,210
|
11,522
|
14,846
|
|
16,492
|
|
Total current liabilities |
|
|
163,510
|
172,709
|
174,975
|
175,175
|
122,063
|
110,209
|
28,043
|
172,709
|
110,209
|
163,510
|
122,063
|
|
175,175
|
|
Notes payable, non-current portion |
|
|
1,414
|
1,617
|
1,809
|
1,830
|
1,886
|
2,022
|
2,129
|
1,617
|
2,022
|
1,414
|
1,886
|
|
1,830
|
|
Notes payable, related parties, non-current, net of debt discount |
|
|
28,463
|
27,775
|
39,523
|
38,530
|
42,500
|
42,500
|
|
27,775
|
42,500
|
28,463
|
42,500
|
|
38,530
|
|
Senior note payable, non-current portion, net of original issue discount and deferred financing costs |
|
|
|
|
|
23,405
|
23,561
|
19,713
|
3,969
|
|
19,713
|
|
23,561
|
|
23,405
|
|
Deferred tax liability |
|
|
1,641
|
1,007
|
1,083
|
560
|
|
|
|
1,007
|
|
1,641
|
|
|
560
|
|
Total liabilities |
|
|
195,028
|
203,108
|
217,390
|
239,500
|
190,010
|
174,444
|
34,141
|
203,108
|
174,444
|
195,028
|
190,010
|
|
239,500
|
|
Commitments and contingencies (Note18) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, $0.001 par value, 100,000,000 shares authorized and 5,620,281 shares issued and outstanding at December 31, 2017 |
|
|
8
|
7
|
6
|
6
|
5
|
15
|
3
|
7
|
15
|
8
|
5
|
|
6
|
|
Additional paid-in capital |
|
|
92,652
|
76,553
|
66,228
|
56,979
|
53,726
|
50,115
|
24,132
|
76,553
|
50,115
|
92,652
|
53,726
|
|
56,979
|
|
Shares to be issued |
|
|
|
|
6,306
|
250
|
250
|
2,751
|
615
|
|
2,751
|
|
250
|
|
250
|
|
Subscriptions receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated deficit |
|
|
(134,613)
|
(121,626)
|
(129,124)
|
(128,040)
|
(84,580)
|
(82,841)
|
(48,306)
|
(121,626)
|
(82,841)
|
(134,613)
|
(84,580)
|
|
(128,040)
|
|
Total stockholders' equity (deficit) |
|
|
(41,953)
|
(45,066)
|
(56,584)
|
(70,805)
|
(30,599)
|
(29,960)
|
(23,556)
|
(45,066)
|
(29,960)
|
(41,953)
|
(30,599)
|
|
(70,805)
|
|
Total liabilities and stockholders' equity (deficit) |
|
|
153,075
|
158,042
|
160,806
|
168,695
|
159,411
|
144,484
|
11,022
|
158,042
|
144,484
|
153,075
|
159,411
|
|
168,695
|
|
Revenues, net of discounts |
|
121,940
|
88,837
|
83,525
|
90,453
|
70,658
|
96,827
|
42,581
|
5,443
|
173,978
|
48,024
|
262,815
|
144,851
|
|
215,509
|
|
Cost of revenues |
|
|
70,141
|
70,449
|
78,223
|
|
73,051
|
33,326
|
2,693
|
148,672
|
36,019
|
218,813
|
109,070
|
|
185,152
|
|
Gross profit |
|
8,885
|
18,696
|
13,076
|
12,230
|
(5,424)
|
23,776
|
9,255
|
2,750
|
25,306
|
12,005
|
44,002
|
35,781
|
|
30,357
|
|
Compensation expense |
|
|
20,321
|
7,613
|
5,862
|
|
6,028
|
4,549
|
4,227
|
13,475
|
8,776
|
33,796
|
14,804
|
|
23,973
|
|
Selling, general and administrative expenses |
|
|
9,701
|
6,930
|
5,546
|
|
2,809
|
4,014
|
989
|
12,476
|
5,003
|
22,177
|
7,812
|
|
13,518
|
|
Amortization of intangible assets |
|
|
938
|
938
|
938
|
|
768
|
589
|
|
1,876
|
589
|
2,814
|
1,358
|
|
2,597
|
|
Loss on sale of asset |
|
|
|
(47)
|
33
|
|
(236)
|
(372)
|
(8)
|
(14)
|
(380)
|
(14)
|
(616)
|
|
31
|
|
Transaction expenses |
|
|
|
|
|
|
246
|
255
|
200
|
|
455
|
|
701
|
|
701
|
|
Total operating expenses |
|
|
30,960
|
15,434
|
12,379
|
|
9,615
|
9,035
|
5,408
|
27,813
|
14,443
|
58,773
|
24,059
|
|
40,820
|
|
Operating loss |
|
(23,522)
|
(12,264)
|
(2,358)
|
(149)
|
(22,185)
|
14,161
|
220
|
(2,658)
|
(2,507)
|
(2,438)
|
(14,771)
|
11,722
|
|
(10,463)
|
|
Interest expense |
|
|
(2,214)
|
(2,960)
|
(1,035)
|
|
(1,906)
|
(1,924)
|
(857)
|
(3,995)
|
(2,781)
|
(6,209)
|
(4,686)
|
|
(6,309)
|
|
Amortization of deferred financing costs and debt discount |
|
|
(8,377)
|
(7,143)
|
(8,127)
|
|
(2,901)
|
(3,677)
|
(1,254)
|
(15,270)
|
(4,931)
|
(23,647)
|
(7,832)
|
|
15,079
|
|
Loss on conversion derivative liability |
|
|
(2,627)
|
6,313
|
11,759
|
|
(22,133)
|
498
|
97
|
18,072
|
595
|
15,445
|
(21,539)
|
|
(35,012)
|
|
Loss on warrant derivative liability |
|
|
14,787
|
2,748
|
(13,821)
|
|
12,431
|
(7,663)
|
(4,650)
|
(11,073)
|
(12,313)
|
3,714
|
118
|
|
357
|
|
Other expense, net |
|
|
30
|
770
|
(787)
|
|
294
|
(1,380)
|
56
|
(17)
|
(1,324)
|
13
|
(1,029)
|
|
(707)
|
|
Loss on issuance of notes |
|
|
(203)
|
11,607
|
(2,860)
|
|
(911)
|
(23,350)
|
(3,085)
|
(4,451)
|
(23,350)
|
(4,654)
|
(24,262)
|
|
(24,262)
|
|
Extinguishment gain |
|
|
(1,485)
|
(1,591)
|
14,501
|
|
190
|
|
|
26,108
|
(212)
|
24,623
|
(21)
|
|
666
|
|
Financing costs |
|
|
|
|
|
|
|
2,873
|
|
|
|
|
|
|
|
|
Total other expenses, net |
|
|
(89)
|
9,744
|
(370)
|
|
(14,936)
|
(34,623)
|
(9,693)
|
9,374
|
(44,316)
|
9,285
|
(59,251)
|
|
(81,060)
|
|
Loss before provision for income taxes |
|
|
(12,353)
|
7,386
|
(519)
|
|
(775)
|
(34,403)
|
(12,351)
|
6,867
|
(46,754)
|
5,486
|
(47,529)
|
|
(91,523)
|
|
Provision for income taxes |
|
|
634
|
(115)
|
568
|
|
973
|
121
|
|
453
|
121
|
1,087
|
1,094
|
|
560
|
|
Net loss |
|
(40,019)
|
(12,987)
|
(7,501)
|
(1,087)
|
(42,960)
|
(1,748)
|
(34,524)
|
(12,351)
|
6,414
|
(46,875)
|
(6,573)
|
(48,623)
|
|
(92,163)
|
|
Preferred stock dividends |
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(40)
|
(40)
|
(60)
|
(60)
|
|
(80)
|
|
Net loss attributable to common shareholders |
|
$ (40,039)
|
(13,007)
|
7,481
|
(1,107)
|
$ (43,480)
|
$ (1,768)
|
$ (34,544)
|
$ (12,371)
|
6,374
|
$ (46,915)
|
$ (6,633)
|
$ (48,683)
|
|
$ (92,163)
|
|
Loss per common share: Basic and diluted |
|
|
|
|
|
$ (7.83)
|
$ (0.33)
|
$ (7.22)
|
$ (3.37)
|
|
$ (11.57)
|
$ (0.98)
|
$ (10.83)
|
|
$ (19.38)
|
|
Weighted average number of common shares outstanding Basic and diluted |
|
|
|
|
|
5,552,429
|
5,367,966
|
4,787,556
|
3,312,373
|
|
4,054,039
|
6,739,775
|
4,496,828
|
|
4,756,049
|
|
Depreciation expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 760
|
|
Amortization of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,976
|
|
Amortization of debt discount and deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,914
|
|
Provision for bad debts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
551
|
|
Loss (gain) on sale of asset |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(31)
|
|
Late fee on senior debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
541
|
|
Payment in-kind interest-debt on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,595
|
|
Payment in-kind interest on related party notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,310
|
|
Share-based compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,343
|
|
Common shares issued for convertible note modifications, amendments, redemption agreements and settlements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
103
|
|
Convertible note issued for consulting expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400
|
|
Loss on issuance of convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24,262
|
|
Gain on extinguishment of debt |
|
|
1,485
|
1,591
|
(14,501)
|
|
$ (190)
|
|
|
(26,108)
|
$ 212
|
$ (24,623)
|
$ 21
|
|
(666)
|
|
(Gain) loss on warrant derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
357
|
|
(Gain) loss on convertible derivative liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35,012
|
|
Debt financing expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued dividends, preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(80)
|
|
Benefit from deferred income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
560
|
|
Accounts receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(46,408)
|
|
Cost and estimated earnings in excess of billings on uncompleted contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,060
|
|
Other current assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(468)
|
|
Accounts payable and accrued liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31,061
|
|
Due to related party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(109)
|
|
Net cash provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,960
|
|
Net cash paid for Benchmark Builders, Inc. acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(14,834)
|
|
Purchase of property and equipment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,736)
|
|
Net cash (used in) provided by investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(18,570)
|
|
Proceeds from issuance of convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,095
|
|
Payments on convertible notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,426)
|
|
Proceeds from issuance of merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,718
|
|
Payments on merchant credit agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,624)
|
|
Proceeds from issuance of notes payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,400
|
|
Payments on notes payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,335)
|
|
Proceeds from issuance of senior note payable, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,695
|
|
Proceeds from issuance of Series C notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,500
|
|
Payments on notes payable – related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from sale of common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,338
|
|
Payment of deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(521)
|
|
Net cash provided by (used in) financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28,840
|
|
Net change in cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,230
|
|
Cash, beginning of period |
|
|
|
|
15,642
|
|
|
|
$ 1,412
|
15,642
|
1,412
|
15,642
|
1,412
|
$ 15,642
|
1,412
|
$ 1,412
|
Cash, end of period |
$ 1,412
|
|
|
|
|
$ 15,642
|
|
|
|
|
|
|
|
|
15,642
|
|
As Restated [Member] | Series A Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As Restated [Member] | Series A-1 Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As Restated [Member] | Series G Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|