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Consolidated Statements of Cash Flows (Unaudited) (USD $)
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6 Months Ended | 3 Months Ended | 9 Months Ended | |
|---|---|---|---|---|
|
Sep. 30, 2013
Successor [Member]
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Apr. 19, 2013
RMG [Member]
|
Apr. 19, 2013
Predecessor [Member]
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Oct. 31, 2012
Predecessor [Member]
|
|
| Net income (loss) | $ (11,436,761) | $ (7,216,166) | $ (2,553,556) | $ 1,849,908 |
| Change in warrant liability | 1,829,333 | 2,733,334 | ||
| Non-cash stock issuance | 2,200,000 | |||
| Cancellation of non-cash stock issuance | (1,200,000) | |||
| Stock-based compensation | 557,641 | |||
| Non-cash consulting expense | 80,000 | |||
| Interest capitalized as debt | 135,000 | |||
| Depreciation and amortization | 2,971,620 | 8,139 | 140,293 | 1,026,914 |
| Deferred tax provision (benefit) | (12,294) | 45,159 | ||
| Other non-cash expense (income), net | (2,054) | (6,885) | ||
| Accounts receivable | (2,608,668) | (335,961) | 2,846,332 | (202,262) |
| Inventory | (295,315) | (488,722) | 405,247 | |
| Other current assets | (188,155) | (38,929) | (154,529) | 41,146 |
| Other assets, net | (34,994) | 12,572 | 58,940 | |
| Accounts payable | (159,338) | 45,078 | (2,978,808) | (137,735) |
| Accrued liabilities | (1,435,808) | (358,726) | (765,937) | (813,825) |
| Deferred revenue | 378,732 | (372,579) | 23,959 | |
| Net cash provided by (used in) operating activities | (10,206,713) | (4,163,231) | (4,329,282) | 2,290,566 |
| Purchases of property and equipment | (775,055) | (86,470) | (398,379) | |
| Net cash provided by (used in) investing activities | (984,134) | (64,486,749) | (86,470) | (398,379) |
| Proceeds from Trust Account | 80,010,661 | |||
| Payment for public shares tendered | (45,512,280) | |||
| Proceeds from debt | 34,000,000 | |||
| Proceeds from stock issuance | 39,115,785 | 5,000,000 | ||
| Proceeds from sponsor notes payable | 635,000 | |||
| Payment of sponsor note payable | (295,000) | |||
| Payment of stockholder note payable | (200,000) | |||
| Loan origination fees | 249,650 | (980,000) | ||
| Repayments of debt | (10,943,590) | |||
| Net cash provided by (used in) financing activities | 28,421,845 | 72,658,381 | ||
| Effect of exchange rate changes on cash | 230,758 | (121,144) | 53,442 | |
| Net increase (decrease) in cash and cash equivalents | 17,461,756 | 4,008,401 | (4,536,896) | 1,945,629 |
| Cash and cash equivalents, beginning of period | 10,824,943 | 1,150,269 | 10,203,169 | 3,836,691 |
| Cash and cash equivalents, end of period | 28,286,699 | 5,158,670 | 5,666,273 | 5,782,320 |
| Cash paid during the year for interest | 1,247,465 | 2,053 | 25,017 | |
| Cash paid during the year for income taxes | $ 0 | $ 150,000 | $ 1,294,730 | |