XML 42 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,363,055)us-gaap_ProfitLoss $ (3,878,392)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Provision for doubtful accounts 64,811us-gaap_ProvisionForDoubtfulAccounts 0us-gaap_ProvisionForDoubtfulAccounts
Depreciation and amortization expense 399,240us-gaap_DepreciationDepletionAndAmortization 19,164us-gaap_DepreciationDepletionAndAmortization
Gain on extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 12,949us-gaap_GainsLossesOnExtinguishmentOfDebt
Gain on sale of marketable securities (49,791)us-gaap_MarketableSecuritiesGainLoss 0us-gaap_MarketableSecuritiesGainLoss
Deferred income taxes 13,026us-gaap_DeferredIncomeTaxExpenseBenefit 0us-gaap_DeferredIncomeTaxExpenseBenefit
Stock-based compensation expense 1,132,210us-gaap_AllocatedShareBasedCompensationExpense 2,098,808us-gaap_AllocatedShareBasedCompensationExpense
Amortization of financing costs 91,960us-gaap_AdjustmentForAmortization 169,343us-gaap_AdjustmentForAmortization
Amortization of debt discount 288,583us-gaap_AmortizationOfDebtDiscountPremium 76,890us-gaap_AmortizationOfDebtDiscountPremium
Change in fair value of warrant and conversion feature liability (480,568)us-gaap_GainLossOnDerivativeInstrumentsNetPretax 0us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Changes in assets and liabilities:    
Accounts receivable (850,823)us-gaap_IncreaseDecreaseInAccountsReceivable 414,619us-gaap_IncreaseDecreaseInAccountsReceivable
Other receivables (12,431)us-gaap_IncreaseDecreaseInOtherReceivables 0us-gaap_IncreaseDecreaseInOtherReceivables
Due from affiliates 80,298us-gaap_IncreaseDecreaseDueFromAffiliates 18,006us-gaap_IncreaseDecreaseDueFromAffiliates
Prepaid expenses and advances 2,741us-gaap_IncreaseDecreaseInPrepaidExpense 8,476us-gaap_IncreaseDecreaseInPrepaidExpense
Other assets (102,690)us-gaap_IncreaseDecreaseInOtherOperatingAssets 6,125us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued liabilities 606,968us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 84,707us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Medical liabilities 831,836ameh_IncreaseDecreaseInMedicalLiabilities 114,919ameh_IncreaseDecreaseInMedicalLiabilities
Net cash provided by (used in) operating activities 652,315us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (854,386)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions, net of $660,893 of cash and cash equivalents acquired (3,076,233)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (229,500)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Proceeds from sale of marketable securities 438,884us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 0us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Property and equipment acquired (37,210)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (10,660)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (2,674,559)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (240,160)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of convertible note payable 2,000,000us-gaap_ProceedsFromConvertibleDebt 0us-gaap_ProceedsFromConvertibleDebt
Proceeds from line of credit 1,000,000us-gaap_ProceedsFromLinesOfCredit 2,292,978us-gaap_ProceedsFromLinesOfCredit
Proceeds from issuance of common stock 0us-gaap_ProceedsFromIssuanceOfCommonStock 731,753us-gaap_ProceedsFromIssuanceOfCommonStock
Principal payments on notes payable (813,582)ameh_PrincipalPaymentsOnTermNotePayable (459,765)ameh_PrincipalPaymentsOnTermNotePayable
Contributions by non-controlling interest 586,111us-gaap_ProceedsFromPaymentsToMinorityShareholders 0us-gaap_ProceedsFromPaymentsToMinorityShareholders
Distributions to non-controlling interest shareholder (600,000)us-gaap_PaymentsToMinorityShareholders (240,000)us-gaap_PaymentsToMinorityShareholders
Debt issuance costs (20,000)us-gaap_PaymentsOfDebtIssuanceCosts (303,151)us-gaap_PaymentsOfDebtIssuanceCosts
Repurchase of common stock (10,000)us-gaap_PaymentsForRepurchaseOfCommonStock 0us-gaap_PaymentsForRepurchaseOfCommonStock
Cash payments in connection with convertible note redemption 0us-gaap_RepaymentsOfOtherShortTermDebt (514,141)us-gaap_RepaymentsOfOtherShortTermDebt
Net cash provided by financing activities 2,142,529us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 1,507,674us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
NET INCREASE IN CASH & CASH EQUIVALENTS 120,285us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 413,128us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH & CASH EQUIVALENTS, BEGINNING OF PERIOD 6,831,478us-gaap_CashAndCashEquivalentsAtCarryingValue 1,094,974us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH & CASH EQUIVALENTS, END OF PERIOD 6,951,763us-gaap_CashAndCashEquivalentsAtCarryingValue 1,508,102us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTARY DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 514,222us-gaap_InterestPaid 518,509us-gaap_InterestPaid
Income taxes paid 18,588us-gaap_IncomeTaxesPaid 43,893us-gaap_IncomeTaxesPaid
Non-Cash Financing Activities:    
Acquisition related holdback liability consideration 376,236ameh_AcquisitionRelatedHoldbackLiabilityConsideration 0ameh_AcquisitionRelatedHoldbackLiabilityConsideration
Convertible note warrant 487,620ameh_ConvertibleNoteWarrant 13,316ameh_ConvertibleNoteWarrant
Convertible note conversion feature 578,155us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature 125,000us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature
Acquisition related warrant consideration 132,000us-gaap_OtherSignificantNoncashTransactionValueOfConsiderationGiven1 101,817us-gaap_OtherSignificantNoncashTransactionValueOfConsiderationGiven1
Acquisition related consideration fair value of membership interests issued by consolidated subsidiary 274,148us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance 0us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
Acquisition related deferred tax liabilities $ 172,946us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1 $ 0us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1