Consolidated Statements of Cash Flows (Unaudited) - USD ($)	4 Months Ended	5 Months Ended	9 Months Ended
	Apr. 25, 2014	Sep. 30, 2014	Sep. 30, 2015
Successor
Cash flows from operating activities:
Net Loss		$ (2,073,621)	$ (11,442,014)
Net loss from discontinued operations		0	6,904,208
Adjustments to reconcile net income (loss) to cash used in operating activities:
Depreciation and amortization		252,656	191,675
Amortization of debt discount		59,171	598,638
Amortization of deferred financing costs		0	152,375
Provision for (recovery of) doubtful accounts		3,774	(12,689)
Common stock issued for acquisition costs		109,000	91,260
Common stock issued for financing costs		0	116,659
Common stock issued in exchange for fees and services		84,267	12,880
Deferred taxes		0	(7,006)
Impairment charge		0	768,009
Loss on disposal of property and equipment		0	9,108
Loss on settlement of debt		0	733,414
Unrealized gain on change in fair value of contingent consideration		0	(641,000)
Changes in operating assets and liabililites:
Accounts receivable		(110,863)	802,801
Costs and earnings in excess of billings		(75,276)	(128,623)
Inventory		(225,989)	65,578
Prepaid expenses and other current assets		(21,713)	(49,907)
Other assets		(10,254)	(27,658)
Accounts payable		323,654	(246,097)
Accrued liabilities		255,721	13,459
Billings in excess of costs and earnings		0	(22,886)
Income taxes payable and other noncurrent liabilities		(4,438)	(17,594)
Net cash provided by (used in) operating activities -- continuing operations		(1,433,311)	(2,135,410)
Net cash used in operating activities -- discontinued operations		0	(769,738)
Net cash provided by (used in) operating activities		(1,433,311)	(2,905,148)
Cash flows from investing activities:
Cash consideration for acquisition of business		(3,588,844)	0
Cash acquired in acquisition of business		407,912	0
Cash forfeited in divestment of business		0	(67,053)
Cash received in divestment of business		0	950,000
Notes receivable		(150,000)	0
Purchase of fixed assets		(5,577)	(4,382)
Net cash provided by (used in) investing activities -- continuing operations		(3,336,509)	878,565
Net cash used in investing activities -- discontinued operations		0	(145,618)
Net cash provided by (used in) investing activities		(3,336,509)	732,947
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs		1,324,750	1,755,311
Proceeds from the exercise of common stock purchase warrants, net of issuance costs		315,000	936,000
Proceeds from the issuance of convertible debentures		500,000	400,000
Proceeds from loans payable		130,000	0
Proceeds from related party loans payable		75,000	0
Dividend and redemption payments on preferred stock		0	0
Repayments of senior, secured promissory notes		0	(800,000)
Net cash provided by (used in) financing activities -- continuing operations		2,344,750	2,291,311
Net cash used in financing activities -- discontinued operations		0	(32,569)
Net cash provided by (used in) financing activities		2,344,750	2,258,742
Effect of exchange rates on cash and cash equivalents		(1,537)	(4,009)
Net increase (decrease) in cash and cash equivalents		(2,426,607)	82,532
Cash and cash equivalents at beginning of period		2,937,763	598,281
Cash and cash equivalents at end of period	$ 2,937,763	511,156	853,738
Supplemental disclosure of cash flow information:
Cash paid for interest		114,819	157,297
Cash paid for income taxes		4,716	61,344
Supplemental disclosure of non-cash investing and financing activities:
Accretion of preferred stock		0	0
Common stock issued related to acquisition of business		1,647,420	0
Common stock issued related to letter of intent to acquire a business		137,000	0
Common stock issued for financing costs incurred in connection with convertible and promissory notes		0	32,150
Common stock issued to reduce convertible and promissory notes payable		0	1,000,000
Common stock issued to reduce accounts payable and other accrued liabilities		206,250	36,000
Contingent purchase consideration		1,186,000	0
Debt issued related to acquisition of a business		1,000,000	0
Discount for beneficial conversion features on convertible debentures		12,500	67,636
Discount for fair value adjustment on promissory notes		34,981	0
Reallocation of amounts prepaid towards the acquisition of a business to consideration for an intangible asset — licensing rights		0	279,500
Working capital adjustment payable related to acquisition of business		1,329,528	$ 0
Predecessor
Cash flows from operating activities:
Net Loss	(243,616)
Net loss from discontinued operations	0
Adjustments to reconcile net income (loss) to cash used in operating activities:
Depreciation and amortization	3,334
Amortization of debt discount	0
Amortization of deferred financing costs	0
Provision for (recovery of) doubtful accounts	(32,967)
Common stock issued for acquisition costs	0
Common stock issued for financing costs	0
Common stock issued in exchange for fees and services	0
Deferred taxes	0
Impairment charge	0
Loss on disposal of property and equipment	0
Loss on settlement of debt	0
Unrealized gain on change in fair value of contingent consideration	0
Changes in operating assets and liabililites:
Accounts receivable	1,275,004
Costs and earnings in excess of billings	0
Inventory	9,307
Prepaid expenses and other current assets	(42,637)
Other assets	0
Accounts payable	(487,915)
Accrued liabilities	(120,270)
Billings in excess of costs and earnings	0
Income taxes payable and other noncurrent liabilities	(5,571)
Net cash provided by (used in) operating activities -- continuing operations	354,669
Net cash used in operating activities -- discontinued operations	0
Net cash provided by (used in) operating activities	354,669
Cash flows from investing activities:
Cash consideration for acquisition of business	0
Cash acquired in acquisition of business	0
Cash forfeited in divestment of business	0
Cash received in divestment of business	0
Notes receivable	0
Purchase of fixed assets	(2,768)
Net cash provided by (used in) investing activities -- continuing operations	(2,768)
Net cash used in investing activities -- discontinued operations	0
Net cash provided by (used in) investing activities	(2,768)
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs	0
Proceeds from the exercise of common stock purchase warrants, net of issuance costs	0
Proceeds from the issuance of convertible debentures	0
Proceeds from loans payable	0
Proceeds from related party loans payable	0
Dividend and redemption payments on preferred stock	(283,000)
Repayments of senior, secured promissory notes	0
Net cash provided by (used in) financing activities -- continuing operations	(283,000)
Net cash used in financing activities -- discontinued operations	0
Net cash provided by (used in) financing activities	(283,000)
Effect of exchange rates on cash and cash equivalents	0
Net increase (decrease) in cash and cash equivalents	68,901
Cash and cash equivalents at beginning of period	339,011	$ 407,912
Cash and cash equivalents at end of period	407,912
Supplemental disclosure of cash flow information:
Cash paid for interest	0
Cash paid for income taxes	0
Supplemental disclosure of non-cash investing and financing activities:
Accretion of preferred stock	31,054
Common stock issued related to acquisition of business	0
Common stock issued related to letter of intent to acquire a business	0
Common stock issued for financing costs incurred in connection with convertible and promissory notes	0
Common stock issued to reduce convertible and promissory notes payable	0
Common stock issued to reduce accounts payable and other accrued liabilities	0
Contingent purchase consideration	0
Debt issued related to acquisition of a business	0
Discount for beneficial conversion features on convertible debentures	0
Discount for fair value adjustment on promissory notes	0
Reallocation of amounts prepaid towards the acquisition of a business to consideration for an intangible asset — licensing rights	0
Working capital adjustment payable related to acquisition of business	$ 0

ForceField Energy Inc. 10-Q