Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net (loss) income	$ (10,164)	$ (3,970)
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Amortization of deferred financing costs	2,584	960
Depreciation	407	138
Amortization of original issue discount	5,107	46
Amortization of intangible assets	2,253
Payment in kind interest - senior debt	303
Payment in kind interest - note payable	297	84
Payment in kind interest - related party	435
Share-based compensation	468	214
Change in fair value of warrant derivative liability		2,200
Recovery of bad debts		(34)
Deferred tax income taxes	563
Changes in operating assets and liabilities:
Accounts receivable	(11,922)	(2,931)
Cost and estimated earnings in excess of billings on uncompleted contracts	6,673
Other current assets	376	(484)
Due to related party	(211)	90
Accounts payable and accrued liabilities	9,326	274
Billings in excess of costs and estimated earnings on uncompleted contracts	(11,788)
Net cash used in operating activities	(5,293)	(3,414)
Cash flows from investing activities:
Purchase of property and equipment	(541)	(972)
Net cash used in investing activities	(541)	(972)
Cash flows from financing activities:
Proceeds from issuance of notes payable, net	6,406	2,947
Payments on notes payable	(11,431)	(345)
Proceeds from issuance of notes payable – senior notes	23
Payments on notes payable - related parties	(725)
Payment of deferred financing costs	(80)	(260)
Proceeds for shares to be issued	5,437	615
Net proceeds from sale of common stock	200	19
Net cash (used in) provided by financing activities	(170)	2,976
Net change in cash	(6,004)	(1,409)
Cash, beginning of period	15,642	1,411
Cash, end of period	9,638	2
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest	867	734
Cash paid for income taxes
Non-cash investing and financing activities:
Common stock shares issued to settle legal matter	300	13
Common stock shares issued for notes payable and other debt	5,660	39
Common shares issued to senior lender		2,568
Common Shares Issued to Board members	447
Accrued dividends, preferred stock	20	20
Common shares issued to employees under employment agreement for future services		3,044
Common shares issued to consultants for services to be rendered	$ 2,455	332
Predecessor [Member]
Cash flows from operating activities:
Net (loss) income		786
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Amortization of deferred financing costs
Depreciation		5
Amortization of original issue discount
Amortization of intangible assets
Payment in kind interest - senior debt
Payment in kind interest - note payable
Payment in kind interest - related party
Share-based compensation
Change in fair value of warrant derivative liability
Recovery of bad debts
Deferred tax income taxes
Changes in operating assets and liabilities:
Accounts receivable		24,038
Cost and estimated earnings in excess of billings on uncompleted contracts
Other current assets		(1,061)
Due to related party
Accounts payable and accrued liabilities		(36,999)
Billings in excess of costs and estimated earnings on uncompleted contracts		10,545
Net cash used in operating activities		(2,685)
Cash flows from investing activities:
Purchase of property and equipment		(29)
Net cash used in investing activities		(29)
Cash flows from financing activities:
Proceeds from issuance of notes payable, net
Payments on notes payable
Proceeds from issuance of notes payable – senior notes
Payments on notes payable - related parties
Payment of deferred financing costs
Proceeds for shares to be issued
Net proceeds from sale of common stock
Net cash (used in) provided by financing activities
Net change in cash		(2,714)
Cash, beginning of period		4,753
Cash, end of period		2,039
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for income taxes		3
Non-cash investing and financing activities:
Common stock shares issued to settle legal matter
Common stock shares issued for notes payable and other debt
Common shares issued to senior lender
Common Shares Issued to Board members
Accrued dividends, preferred stock
Common shares issued to employees under employment agreement for future services
Common shares issued to consultants for services to be rendered