Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	4 Months Ended	12 Months Ended		24 Months Ended
	Apr. 20, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018
Cash flows from operating activities:
Net loss		$ (46,592)	$ (92,083)	$ 138,675
Adjustments to reconcile net loss to net cash provided by operating activities:
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
(Gain) loss on sale and disposal 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 board of director fees		533
Common shares issued for convertible note modifications, amendments, redemption agreements and settlements		805	103
Common shares issued for consulting services		8,686
Convertible note issued for consulting expenses			400
Loss on issuance of convertible debt		5,319	24,262
Prepayment penalties on convertible note payments		1,078
Gain on extinguishment of debt		(35,425)	(666)
Gain on extinguishment of related party debt		(530)
Loss on merchant credit and note payable settlement, net		987
(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
Changes in operating assets and liabilities:
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 operating activities		17,854	3,960
Cash flows from investing activities:
Net cash paid for Benchmark Builders, Inc. acquisition			(14,834)
Purchase of property and equipment		(631)	(3,736)
Net cash used in investing activities		(631)	(18,570)
Cash flows from financing activities:
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
Payments on notes payable, capital leases and settlement notes		(1,981)	(1,335)
Proceeds from issuance of senior note payable, net		2,115	12,695
Proceeds from issuance of Series C notes			7,500
Payment of Series C notes		(7,541)
Payments on notes payable - related parties		(420)
Proceeds from sale of common stock		7,370	3,338
Proceeds from exercise of warrants		562
Payment of deferred financing costs		(540)	(521)
Distribution to stockholders
Net cash (used in) provided by financing activities		(20,695)	28,840
Net change in cash		(3,472)	14,230
Cash, beginning of period	$ 1,412	15,642	1,412	1,412
Cash, end of period		12,170	15,642	12,170
Supplemental disclosure of cash flow information:
Cash paid for interest		5,083	1,959
Cash paid for income taxes
Non-cash investing and financing activities:
Common shares issued for convertible note conversions		16,338	1,925
Common shares issued for convertible note inducement		2,156	347
Common shares issued to noteholder for debt discount		1,097	11
Common shares issued for note payable and other accrued debt conversions		853	1,595
Common shares issued to senior lender for note inducement			5,650
Common shares issued for services to Board members and outside consultants for accrued services			825
Common shares reclassified from temporary equity			437
Common stock issued for cashless warrant exercise		1,256	94
Debt discount and deferred financing costs from issuance of merchant credit agreements		34,602	4,221
Debt discount and deferred financing costs from issuance of convertible notes payable		2,082	658
Debt discount from warrant and conversion derivative liability		14,647	3,543
Debt discount and deferred financing costs from issuance of notes payable		741	8,093
Issuance of notes payable and capital leases for the purchase of fixed assets			561
Receivable from merchant credit agreement overdraw		885
Senior lender accrued interest converted to principal		$ 2,816
Predecessor [Member]
Cash flows from operating activities:
Net loss	(4,179)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation expense	6
Amortization of intangible assets
Amortization of debt discount and deferred financing costs
Provision for bad debts
(Gain) loss on sale and disposal of asset
Late fee on senior debt
Payment in-kind interest-debt on notes payable
Payment in-kind interest on related party notes payable
Share-based compensation
Common shares issued for board of director fees
Common shares issued for convertible note modifications, amendments, redemption agreements and settlements
Common shares issued for consulting services
Loss on issuance of convertible debt
Prepayment penalties on convertible note payments
Gain on extinguishment of debt
Gain on extinguishment of related party debt
Loss on merchant credit and note payable settlement, net
(Gain) loss on warrant derivative liabilities
(Gain) loss on convertible derivative liabilities
Accrued dividends, preferred stock
Benefit from deferred income taxes
Changes in operating assets and liabilities:
Accounts receivable	37,933
Cost and estimated earnings in excess of billings on uncompleted contracts	9,814
Other current assets	(1,061)
Accounts payable and accrued liabilities	(39,470)
Due to related party
Net cash provided by operating activities	3,043
Cash flows from investing activities:
Net cash paid for Benchmark Builders, Inc. acquisition
Purchase of property and equipment	(30)
Net cash used in investing activities	(30)
Cash flows from financing activities:
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
Payments on notes payable, capital leases and settlement notes
Proceeds from issuance of senior note payable, net
Proceeds from issuance of Series C notes
Payment of Series C notes
Payments on notes payable - related parties
Proceeds from sale of common stock
Proceeds from exercise of warrants
Payment of deferred financing costs
Distribution to stockholders	(5,349)
Net cash (used in) provided by financing activities	(5,349)
Net change in cash	(2,336)
Cash, beginning of period	4,752		$ 4,752	$ 4,752
Cash, end of period	2,416
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes	1,187
Non-cash investing and financing activities:
Common shares issued for convertible note conversions
Common shares issued for convertible note inducement
Common shares issued to noteholder for debt discount
Common shares issued for note payable and other accrued debt conversions
Common shares issued to senior lender for note inducement
Common shares issued for services to Board members and outside consultants for accrued services
Common shares reclassified from temporary equity
Common stock issued for cashless warrant exercise
Debt discount and deferred financing costs from issuance of merchant credit agreements
Debt discount and deferred financing costs from issuance of convertible notes payable
Debt discount from warrant and conversion derivative liability
Issuance of notes payable and capital leases for the purchase of fixed assets
Receivable from merchant credit agreement overdraw
Senior lender accrued interest converted to principal