Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions and Related Transactions (Tables)

v2.4.0.6
Business Acquisitions and Related Transactions (Tables)
 3 Months Ended
Mar. 31, 2013
Business Combinations [Abstract]  
Schedule of business combination
 
2013
 
2012
 
Ennovate
 
FAME
Cash
$
—

 
$
809,557

Accounts receivable and accounts receivable retainage
445,769

 
320,997

Costs and estimated earnings in excess of billings
110,987

 
—

Prepaid expenses and other current assets
1,710

 
107,715

Property and equipment and project assets
62,898

 
43,115

Goodwill
921,128

 
1,886,945

Intangible assets
610,000

 
2,099,990

Other assets
—

 
100

Accounts payable
(313,976
)
 
(5,713
)
Accrued liabilities
—

 
(617,731
)
Billings in excess of cost and estimated earnings
(30,431
)
 
(158,025
)
Purchase price
$
1,808,085

 
$
4,486,950

Total, net of cash received
$
1,808,085

 
$
3,677,393

Total fair value of consideration
$
1,808,085

 
$
4,486,950