| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||
Net income (loss) | |||||||||
-5,485 | -1,983 | -8,138 | -3,950 | - | -5,871 | 8,311 | 3,658 | - | - |
Net loss | |||||||||
- | - | - | - | -22,516 | - | - | - | 5,753 | 1,228 |
Adjustments to reconcile net loss to cash provided by (used in) operating activities | |||||||||
Stock based compensation expense | |||||||||
642 | 659 | 606 | 527 | 423 | 332 | 175 | 178 | 138 | 182 |
Depreciation and amortization | |||||||||
7,180 | 6,991 | 6,643 | 6,277 | 6,636 | 4,277 | 2,320 | 711 | 161 | 145 |
Inventory impairment charge | |||||||||
- | - | - | - | - | 467 | 0 | 0 | - | - |
Decrease in fair value of derivative liability | |||||||||
- | - | - | 49 | 5,479 | 0 | - | - | - | - |
Gain on sale of assets | |||||||||
- | - | 0 | - | - | - | - | - | - | - |
Accounts receivable- related parties | |||||||||
- | - | - | - | - | - | - | -2 | -2 | 0 |
Bad debt and reduction in allowance for bad debt | |||||||||
- | - | - | - | 654 | 2,013 | 0 | 0 | - | - |
Reduction in allowance for bad debt | |||||||||
320 | 299 | 0 | - | - | - | - | - | - | - |
Net cash settlements on commodity derivatives | |||||||||
-2,458 | 1,062 | 0 | - | - | - | - | - | - | - |
Net cash settlement on commodity derivatives | |||||||||
2,841 | -369 | - | - | - | - | - | - | - | - |
Gain on sale of assets | |||||||||
-74 | 45 | - | - | - | - | - | - | - | - |
Net cash settlements on commodity derivatives | |||||||||
- | - | 0 | - | - | - | - | - | - | - |
Gain on disposition | |||||||||
0 | 241 | 0 | - | - | - | - | - | - | - |
Amortization of debt discount and deferred costs | |||||||||
573 | 584 | 715 | - | - | - | - | - | - | - |
Rent paid by common stock | |||||||||
- | - | - | 244 | 0 | - | - | - | - | - |
Gain on sale of assets | |||||||||
- | - | - | 9,631 | 0 | - | - | - | - | - |
Deferred financing costs write off | |||||||||
- | - | - | 1,390 | 0 | - | - | - | - | - |
Gain on acquisition | |||||||||
- | - | - | - | - | 6,948 | 0 | 0 | - | - |
Deferred federal income tax | |||||||||
- | 0 | -274 | 0 | 5,306 | 0 | -1,944 | -1,432 | -1,930 | 0 |
Decrease in fair value of derivative liability | |||||||||
487 | -763 | -2,120 | - | - | - | - | - | - | - |
Common shares issued as payment | |||||||||
- | - | - | 244 | 200 | 0 | - | - | - | - |
Reduction in contingent consideration | |||||||||
-15 | -128 | 0 | 0 | -6,069 | -5,248 | -2,238 | 0 | - | - |
Impairment of goodwill | |||||||||
0 | 176 | 0 | - | 4,922 | 0 | - | - | - | - |
Changes in operating assets and liabilities | |||||||||
Accounts receivable | |||||||||
2,652 | -2,143 | 336 | 4,636 | -1,929 | -714 | 3,468 | -128 | -3,953 | 705 |
Inventory | |||||||||
-1,543 | 1,786 | 1,910 | 809 | -9,072 | -1,891 | 2,670 | -551 | -2,506 | -922 |
Prepaid expenses | |||||||||
257 | 597 | -897 | 1,250 | -48 | 12 | 571 | 247 | -51 | - |
Costs in excess of billings | |||||||||
- | - | - | - | -779 | 779 | 0 | 0 | - | - |
Accounts payable | |||||||||
-1,171 | 1,493 | 487 | -1,893 | -8,539 | 7,255 | 4,220 | 304 | 1,870 | - |
Accrued expenses | |||||||||
2,480 | 42 | 390 | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
- | - | - | -323 | -139 | 463 | 0 | 0 | - | - |
Other assets | |||||||||
223 | 176 | -77 | 38 | - | 81 | - | - | - | - |
Prepaid expenses and other current assets | |||||||||
- | - | - | - | - | - | - | - | - | 15 |
Accounts payable and accrued expenses | |||||||||
- | - | - | - | - | - | - | - | - | -459 |
Accounts payable-related parties | |||||||||
- | - | - | - | - | - | - | -620 | 213 | -120 |
Other deposits | |||||||||
- | - | - | - | - | - | 256 | -235 | 235 | - |
Other deposits | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net cash provided by (used in) operating activities | |||||||||
2,473 | 5,376 | -2,963 | -14,145 | -12,970 | -1,525 | 4,392 | 3,000 | -70 | 774 |
Cash flows from investing activities | |||||||||
Internally developed software | |||||||||
489 | 0 | - | - | - | - | - | - | - | - |
Acquisitions | |||||||||
0 | 269 | 1,999 | 0 | - | - | - | - | - | - |
Note receivable | |||||||||
- | - | - | - | -2,495 | 3,150 | - | - | - | - |
Payments on capital leases | |||||||||
- | - | - | - | 172 | 0 | - | - | - | - |
Purchase of intangible assets | |||||||||
- | - | - | - | - | - | - | - | 241 | 288 |
Refund of asset acquisition | |||||||||
- | - | - | - | - | - | -675 | 0 | - | - |
Acquisitions | |||||||||
- | - | - | - | 1,082 | 31,114 | 539 | 2,013 | 0 | - |
Purchase of fixed assets | |||||||||
3,369 | 2,499 | 2,125 | 1,628 | 1,811 | 5,940 | 2,603 | 1,134 | 63 | 17 |
Proceeds from sale of Bango assets | |||||||||
- | - | - | 29,788 | 0 | - | - | - | - | - |
Costs related to sale of Bango assets | |||||||||
- | - | - | 10,792 | 0 | - | - | - | - | - |
Establish escrow account - restricted cash | |||||||||
- | - | - | - | 0 | - | - | - | - | - |
Proceeds from sale of fixed assets | |||||||||
232 | 0 | 327 | 20 | 92 | 0 | - | - | - | - |
Net cash used in investing activities | |||||||||
-3,626 | -2,768 | -3,797 | 17,387 | -479 | -40,205 | -2,467 | -3,148 | -304 | -305 |
Cash flows from financing activities | |||||||||
Payments on finance leases | |||||||||
165 | - | - | - | - | - | - | - | - | - |
Proceeds received from issuance of common stock and warrants | |||||||||
2,216 | - | - | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
7 | 0 | - | - | - | - | - | - | - | - |
Distribution VRM LA | |||||||||
285 | 0 | - | - | - | - | - | - | - | - |
Contributions received from redeemable noncontrolling interest | |||||||||
3,150 | 0 | - | - | - | - | - | - | - | - |
Line of credit (payments) proceeds, net | |||||||||
-568 | -746 | 1,865 | 981 | 1,744 | - | -6,750 | 750 | - | - |
Payments on finance leases | |||||||||
- | 77 | 0 | - | - | - | - | - | - | - |
Proceeds from exercise of common stock options and warrants | |||||||||
- | - | - | - | 11 | 370 | 60 | 112 | - | - |
Proceeds from Preferred A stock to common stock conversion | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Proceeds from sale of Series C Preferred Stock | |||||||||
- | - | - | 4,000 | 0 | 17,315 | - | - | - | - |
Purchase/buy back/sale/conversion Series B and B-1 Preferred Stock | |||||||||
- | - | - | 11,189 | 0 | - | - | - | - | - |
Proceeds from issuance of Series B and B-1 Preferred Stock | |||||||||
- | - | - | 19,349 | 23,557 | 0 | - | - | - | 600 |
Issuance costs of Series B and B-1 Preferred Stock | |||||||||
- | - | - | 607 | 0 | - | - | - | - | - |
Payment of debt issuance costs | |||||||||
- | - | 1,718 | 0 | - | 2,452 | - | - | - | - |
Proceeds from primary stock offering | |||||||||
- | - | - | - | - | - | 8,628 | - | - | - |
Payments on contingent consideration | |||||||||
- | - | - | - | - | 136 | - | - | - | - |
Proceeds from note payable | |||||||||
2,809 | 4,024 | 17,570 | 7,650 | 2,305 | 41,309 | - | - | - | - |
Payments on note payable | |||||||||
4,660 | 4,063 | - | - | - | - | - | - | - | - |
Proceeds from revolving note | |||||||||
- | - | - | - | - | 0 | - | - | 0 | - |
Payments on revolving note | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Payments made on notes payable | |||||||||
- | - | -13,057 | -20,986 | -19,419 | -11,337 | -1,994 | -581 | 0 | - |
Proceeds from exercise of common stock warrants | |||||||||
- | - | - | - | - | - | - | - | 306 | 2 |
Payments on due to related party balance | |||||||||
- | - | - | - | - | - | - | - | - | 841 |
Net cash provided by financing activities | |||||||||
2,503 | -863 | 4,660 | -801 | 8,198 | 45,068 | -54 | 280 | 306 | -239 |
Net change in cash, cash equivalents and restricted cash | |||||||||
1,349 | 1,744 | - | - | - | - | - | - | - | - |
Net change in cash and cash equivalents and restricted cash | |||||||||
- | - | -2,100 | 2,440 | - | - | - | - | - | - |
Net change in cash and cash equivalents | |||||||||
- | - | - | - | -5,251 | 3,338 | 1,870 | 132 | -69 | 230 |
SUPPLEMENTAL INFORMATION | |||||||||
Cash paid for interest | |||||||||
2,505 | 2,722 | 1,952 | - | - | - | - | - | - | - |
Cash paid for interest | |||||||||
- | - | - | 1,688 | 3,563 | 2,636 | 396 | 128 | 80 | 95 |
Cash paid for income taxes | |||||||||
0 | - | - | - | - | 122 | 136 | 23 | 107 | 10 |
NON-CASH INVESTING AND FINANCING TRANSACTIONS | |||||||||
Conversion of Series B1 Preferred Stock into common stock | |||||||||
- | - | - | - | - | - | 0 | 2 | 0 | 0 |
Initial adjustment of carrying amount redeemable noncontrolling interest | |||||||||
970 | 0 | - | - | - | - | - | - | - | - |
Return of common shares for sale escrow | |||||||||
- | - | 1 | 0 | - | - | - | - | - | - |
Accretion of redeemable noncontrolling interest to redemption value | |||||||||
2,279 | 0 | - | - | - | - | - | - | - | - |
Equipment acquired under capital leases | |||||||||
621 | 450 | 0 | - | - | - | - | - | - | - |
Contributed assets Vertex Recovery Management LA from non-controlling interest | |||||||||
0 | 857 | 0 | - | - | - | - | - | - | - |
Contingent consideration | |||||||||
-15 | -128 | 0 | - | - | - | - | - | - | - |
Stock Issued During Period, Value, Acquisitions | |||||||||
0 | 93 | 474 | 0 | - | - | - | - | - | - |
Return of common shares for sale escrow | |||||||||
- | - | 1 | 0 | - | - | - | - | - | - |
Conversion of Series B Preferred Stock into common stock | |||||||||
- | - | - | - | - | - | - | - | 600 | - |
Conversion of Series B Preferred Stock into common shares | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Nickco Recycling, LLC | |||||||||
Contingent consideration | |||||||||
- | - | 236 | - | - | - | - | - | - | - |
Contingent consideration | |||||||||
- | - | 236 | - | - | - | - | - | - | - |
Series A Preferred Stock [Member] | |||||||||
Conversion of Preferred Stock into common stock | |||||||||
- | 0 | 0 | - | - | - | - | - | - | - |
Series B and B-1 Preferred Stock | |||||||||
Conversion of Preferred Stock into common stock | |||||||||
2,560 | 6,613 | 119 | - | - | - | - | - | - | - |
Dividends on Series B and B-1 Preferred Stock | |||||||||
1,627 | 2,687 | 1,677 | - | - | - | - | - | - | - |
Accretion of discount on Series B and B-1 Preferred Stock | |||||||||
2,489 | 3,132 | 1,713 | - | - | - | - | - | - | - |