Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions and Related Transactions (Tables)

v2.4.0.8
Business Acquisitions and Related Transactions (Tables)
9 Months Ended
Sep. 30, 2013
Business Combinations [Abstract]  
Schedule of business combination
 
2013
 
2012
 
ESP
 
Ennovate
 
FAME
Cash
$
1,291,697

 
$

 
$
809,557

Accounts receivable and accounts receivable retainage
360,924

 
445,769

 
320,997

Costs and estimated earnings in excess of billings
546,608

 
110,987

 

Prepaid expenses and other current assets

 
1,710

 
107,715

Property and equipment and project assets
75,054

 
62,898

 
43,115

Goodwill
5,089,049

 
921,128

 
1,886,945

Intangible assets
3,087,509

 
610,000

 
2,099,990

Other assets

 

 
100

Accounts payable
(47,625
)
 
(313,976
)
 
(5,713
)
Accrued liabilities
(606,938
)
 

 
(617,731
)
Billings in excess of cost and estimated earnings

 
(30,431
)
 
(158,025
)
Other liabilities
(967,065
)
 

 

Purchase price
$
8,829,213

 
$
1,808,085

 
$
4,486,950

Total, net of cash received
$
7,537,516

 
$
1,808,085

 
$
3,677,393

Total fair value of consideration
$
8,829,213

 
$
1,808,085

 
$
4,486,950