Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash $ 159 $ 376
Accounts receivable, net of allowances of $11 370 647
Notes receivable, net of reserves of $0 and $924, respectively 7,143 3,617
Other current assets 1,005 2,724
Current assets of discontinued operations 5,933
Total current assets 8,677 13,297
Property and equipment, net 104 38
Customer lists, net 825 991
Tradenames, net 314 314
Cost method investment 340
Other assets 8 108
Non-current assets of discontinued operations 1,368
Total assets 9,928 16,456
Current Liabilities:    
Accounts payable 3,856 4,524
Accrued expenses 5,209 5,676
Deferred revenue 867 3,209
Income taxes payable 59 15
Bank debt, current portion 216 114
Notes payable, related parties 368 75
Derivative financial instruments 2,144 3,379
Term loans, current portion, net of debt discount 7,572 11,013
Current liabilities of discontinued operations 3,284 5,798
Total current liabilities 23,575 33,803
Long-term Liabilities:    
Deferred income taxes 56 239
Term loans, net of current portion, net of debt discount 1,058
Derivative financial instruments 17,131 16,651
Total long-term liabilities 17,187 20,969
Total Liabilities 40,762 54,772
Commitments and Contingencies
Total temporary equity 856 887
Stockholders' Deficit:    
Common stock; $0.0001 par value; 1,000,000,000 shares authorized; 214,379,677 and 9,338,286 issued and 214,379,339 and 9,337,948 outstanding as of September 30, 2018 and December 31, 2017, respectively 21 2
Common stock warrants, no par 37 37
Treasury stock, at cost - 338 shares as of September 30, 2018 and December 31, 2017 (2) (2)
Additional paid-in capital 160,711 154,628
Accumulated deficit (191,812) (193,319)
Total InterCloud Systems, Inc. stockholders' deficit (31,045) (38,654)
Non-controlling interest (645) (549)
Total stockholders' deficit (31,690) (39,203)
Total liabilities and stockholders' deficit 9,928 16,456
Series M Preferred stock    
Long-term Liabilities:    
Total temporary equity
Stockholders' Deficit:    
Preferred Stock 3,021
Series K Preferred Stock    
Long-term Liabilities:    
Total temporary equity 735 735
Series L Preferred Stock    
Long-term Liabilities:    
Total temporary equity 121 152
Series J Preferred Stock    
Stockholders' Deficit:    
Preferred Stock