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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (1,776,255) $ 420,208
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 404,143 39,498
Bad debt expense 24,000 0
Deferred taxes (1,101,582) 0
Share-based compensation 227,470 0
Deferred rent (18,588) 0
Warrant expense 67,491 0
Changes in operating assets and liabilities    
Accounts receivable (870,426) (453,985)
Inventory (1,460) 0
Deposits (105) 0
Notes receivable 51,000 (24,000)
Prepaid expenses and other current assets (50,909) 20,932
Other assets 0 (124,919)
Accounts payable (196,460) 542,077
Accrued expenses and other current liabiltities 987,522 139,724
Deferred revenue 50,007 0
Net cash used in operating activities (2,204,152) 559,535
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (52,985) (35,377)
Net cash used in investing activities (52,985) (35,377)
CASH FLOWS FROM FINANCING ACTIVITIES    
Stockholders' distributions 0 (125,615)
Deferred stock offering costs 75,655 (670,091)
Proceeds from notes payable 47,341 500,000
Loan origination costs 0 (38,285)
Acquisition of Firestorm - net of cash acquired (417,704) 0
Acquisition of Brekford - net of cash acquired 1,943,777 0
Net proceeds from issuance of preferred stock 1,745,347 0
Payment of preferred dividends (163,601) 0
Net cash provided by financing activities 3,230,815 (333,991)
Net increase in cash and cash equivalents 973,678 190,167
Cash and cash equivalents at beginning of year 2,788,587 567,866
Cash and cash equivalents at end of period $ 3,762,265 $ 758,033