Quarterly report pursuant to Section 13 or 15(d)

Notes Payable

Notes Payable

9 Months Ended

Sep. 30, 2017

7. NOTES PAYABLE

	September 30, 2017		December 31, 2016
Vendors Notes (Unsecured)
Long term vendor Notes (“Vendor Notes”) issued to settle litigation bearing interest rates between 0% and 6% per annum. Terms range from 1 to 48 months.	$	5,555		1,337

Other Notes Payable

Notes refinanced in conjunction with the senior debt		-		5,094
Less deferred financing costs		-		(926	)
Total other notes payable, net		-		4,168

Notes payable bearing interest at a stated rate between 10% and 12% per annum. Terms range from 1 to 12 months.		3,110		2,000

Unsecured Notes Issued in Connection with Benchmark Acquisition
Series A Convertible Notes		12,500		-
Series B Notes		30,000		-
Series C Notes		7,500		-
Total notes issued in connection with Benchmark acquisition		50,000		-

Equipment Notes

Obligations under leases, bearing interest rates between 4.1% and 8.2% per annum, secured by equipment having a value that approximates the debt value. Terms range from 48 to 60 months.		740			961
Various Equipment notes, bearing interest rates between 2% and 41% per annum, secured by equipment having a value that approximates the debt value. Terms range from 30 to 72 months.		1,516			1,508
Total Notes payables	$	60,921		$	9,974
Less: Current portion	$	(14,022	)	$	(3,444	)
Total Notes non-current portion	$	46,899		$	6,530

During the nine months ended September 30, 2017, the Company issued in Series A convertible promissory notes, in the aggregate principal amount of $12,500 to certain stockholders of Benchmark, which mature on April 20, 2019. Interest is computed at the rate of five percent per annum on the outstanding principal. Interest expense and accrued interest expense was approximately $278 for the nine months ended September 30, 2017. This Note shall be convertible into conversion shares, at the holder’s option, upon an event of default at a conversion price per share of $11.88.

During the nine months ended September 30, 2017, the Company issued in Series B Notes in the aggregate principal amount of $30,000 to certain stockholders of Benchmark which mature on April 20, 2020. Interest is computed at the rate of three percent per annum on the outstanding principal. Interest expense and accrued interest expense was approximately $400 for the nine months ended September 30, 2017.

During the nine months ended September 30, 2017, the Company issued in Series C Notes in the aggregate principal amount of $7,500 to certain stockholders of Benchmark which mature on October 20, 2018. Interest is computed at the rate of three percent per annum on the outstanding principal. Interest expense and accrued interest expense was approximately $98 for the nine months ended September 30, 2017.

The required principal payments for all borrowings for each of the five years following the balance sheet date are as follows:

2017 (Remaining)	$	762
2018		43,769
2019		15,333
2020		532
2021		365
Thereafter		160
Total	$	60,921