Eco-Stim Energy Solutions (ESESQ) 10-K 10 May 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	May 07, 2019	Jun. 30, 2018
Document And Entity Information
Entity Registrant Name	Eco-Stim Energy Solutions, Inc.
Entity Central Index Key	0001135657
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 15,299,268
Entity Common Stock, Shares Outstanding		18,869,514
Trading Symbol	ESES
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 3,741,627	$ 6,970,926
Accounts receivable, net of allowance	182,464	5,692,479
Prepaids	81,459	699,150
Other assets	69,235	254,454
Assets held for sale	25,030,359	79,050,532
Total current assets	29,105,144	92,667,541
Property, plant and equipment, net	2,050,000	11,001,273
Total assets	31,155,144	103,668,814
Current liabilities:
Accounts payable	15,181,502	11,828,201
Accrued expenses	3,760,135	1,606,922
Short-term notes payable	7,916,188
Liabilities held for sale	7,703,411	17,552,929
Total current liabilities	34,561,236	30,988,052
Commitments and contingencies
Stockholders' equity (deficit)
Preferred stock, $0.001 par value, 50,000,000 shares authorized, 30,000 designated as Series A Convertible Preferred Stock, 10,600 of Series A Preferred issued and outstanding at December 31, 2018 and none issued or outstanding at December 31, 2017	11
Common stock, $0.001 par value, 200,000,000 shares authorized, 18,849,935 issued and 18,844,472 outstanding at December 31, 2018 and 18,649,937 issued and 18,644,474 outstanding at December 31, 2017	75,400	74,578
Additional paid-in capital	155,850,502	144,071,119
Treasury stock, at cost; 5,462 common shares at December 31, 2018 and December 31, 2017	(57,469)	(57,469)
Accumulated deficit	(159,274,536)	(71,407,466)
Total stockholders' equity (deficit)	(3,406,092)	72,680,762
Total liabilities and stockholders' equity (deficit)	$ 31,155,144	$ 103,668,814

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	18,849,935	18,649,937
Common stock, shares outstanding	18,844,472	18,644,474
Treasury stock, shares	5,462	5,462
Series A Convertible Preferred Stock [Member]
Preferred stock, shares authorized	30,000	30,000
Preferred stock, shares issued	10,600
Preferred stock, shares outstanding	10,600

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Revenues	[1],[2]	$ 40,709,621	$ 24,464,164
Operating cost and expenses:
Cost of services	[2],[3]	51,578,914	28,550,114
Selling, general, and administrative expenses		11,654,363	6,890,843
Depreciation and amortization expense		14,199,357	2,760,277
Impairment of assets		28,803,756
Total operating costs and expenses		106,236,390	38,201,234
Operating loss		(65,526,769)	(13,737,070)
Other income (expense):
Interest expense		(1,685,117)	(1,695,494)
Interest forgiven			634,477
Other expense		(274,528)	(12,647)
Total other expense		(1,959,645)	(1,073,664)
Net loss from continuing operations		(67,486,414)	(14,810,734)
Loss from discontinued operations		(20,380,656)	(12,136,143)
Net loss		$ (87,867,070)	$ (26,946,877)
Basic and diluted loss per share continuing operations		$ (3.60)	$ (0.90)
Basic and diluted loss per share discontinued operations		(1.09)	(0.73)
Basic and diluted loss per share		$ (4.69)	$ (1.63)
Weighted average number of common shares outstanding-basic and diluted		18,726,628	16,516,354
[1]	The Argentina segment has been reclassified into discontinued operations.
[2]	U.S. activity began in February 2017 with start-up expenses being incurred. The Company began recognizing U.S. revenue in late May 2017. Intersegment transactions included in revenues were not significant for any of the periods presented.
[3]	Gross margin is defined as revenues less costs of services. Cost of services excludes selling, general and administrative expenses, research and development expenses and depreciation and amortization expense.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Operating Activities
Net loss	$ (87,867,070)	$ (26,946,877)
Adjustments to reconcile net loss from operations to net cash provided by operating activities:
Depreciation and amortization	14,199,357	2,760,277
Amortization of debt discount and loan origination cost	70,167	459,797
Impairment of fixed assets	28,803,756
Stock based compensation	2,977,423	1,754,706
Gain on sale of fixed assets	(1,257,273)
Changes in operating assets and liabilities:
Accounts receivable	5,510,015	(1,217,914)
Inventory	550,422	(3,699,245)
Prepaids and other assets	2,128,418	3,080,224
Accounts payable and accrued expenses	912,083	(3,447,915)
Net cash used in operating activities of continuing operations	(33,972,702)	(27,256,947)
Net cash provided by operating activities of discontinued operations	20,380,656	12,136,143
Net cash used in operating activities	(13,592,046)	(15,120,804)
Investing Activities
Purchases of equipment	(9,832,074)	(34,831,333)
Proceeds from sale of equipment	8,635,788
Net cash used in investing activities of continuing operations	(1,196,286)	(34,831,333)
Net cash used in investing activities of discontinued operations	(2,846)	(548,108)
Net cash used in investing activities	(1,199,132)	(35,379,441)
Financing Activities
Proceeds from sale of common stock, net		41,624,402
Proceeds from sale of preferred stock, net	9,702,793
Proceeds from notes payable	11,537,417	18,719,126
Payments on notes payable	(9,160,095)	(2,587,852)
Payments on capital lease	(518,236)	(789,166)
Net cash provided by financing activities	11,561,879	56,966,510
Net increase (decrease) in cash and cash equivalents	(3,229,299)	6,466,265
Cash and cash equivalents, beginning of year	6,970,926	504,661
Cash and cash equivalents, end of year	3,741,627	6,970,926
Supplemental Disclosure of Cash Flow Information
Cash paid during the year for interest	1,227,002	385,259
Cash paid during the year for income taxes	309,417	541,723
Non-cash transactions
Property, plant and equipment additions in accounts payable	1,760,514	1,669,057
Notes payable settled through recapitalization		22,000,000
Conversion of debt to equity		41,195,599
Equipment purchased with notes payable	44,503	8,807,582
Accrued but unpaid dividends	900,000
Return of capital leased assets	$ 4,617,223

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2016		$ 14,485	$ 59,556,505	$ (57,469)	$ (44,460,589)	$ 15,052,932
Balance, shares at Dec. 31, 2016		3,621,485
Sale of common stock, net		$ 30,086	42,519,083			42,549,169
Sale of common stock, net, shares		7,536,043
Common stock-based compensation		$ 468	1,754,238			1,754,706
Common stock-based compensation, shares		107,713
Stock issued upon conversion of debt, net of costs		$ 29,539	40,241,293			40,270,832
Stock issued upon conversion of debt, net of costs, shares		7,384,696
Net loss					(26,946,877)	(26,946,877)
Balance at Dec. 31, 2017		$ 74,578	144,071,119	(57,469)	(71,407,466)	72,680,762
Balance, shares at Dec. 31, 2017		18,649,937
Common stock-based compensation		$ 822	2,976,601			2,977,423
Common stock-based compensation, shares		199,998
Preferred stock based issuance, net of costs	$ 11		9,702,782			9,702,793
Preferred stock based issuance, net of costs, shares	10,600
Preferred Dividends			(900,000)			(900,000)
Net loss					(87,867,070)	(87,867,070)
Balance at Dec. 31, 2018	$ 11	$ 75,400	$ 155,850,502	$ (57,469)	$ (159,274,536)	$ (3,406,092)
Balance, shares at Dec. 31, 2018	10,600	18,849,935

Nature of Business

Nature of Business	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	1. Nature of Business Historically, Eco-Stim Energy Solutions, Inc. operated as a technology-driven independent oilfield services company that offered well stimulation, coiled tubing and field management services to the upstream oil and gas industry. In September 2018, we completed work under our pressure pumping contract with our primary U.S. customer. Given the current weakness of the U.S. well stimulation market, in September 2018 we elected to suspend our U.S. well stimulation operations and significantly reduce our U.S. workforce in alignment with potential near-term opportunities, including pump down and miscellaneous pumping services. In Argentina, we previously operated under a transition agreement with our primary customer since May 2018 through the third quarter of 2018. Subsequent to the third quarter of 2018, we have not provided any significant services to our primary customer in Argentina under the transition agreement or otherwise and have not generated any material revenue from our Argentina operations since the third quarter of 2018. During the fourth quarter of 2018, the Company completed the disposition of certain of its U.S. equipment and other operating assets to unrelated third parties in several separate transactions in exchange for aggregate cash proceeds, before commissions and selling expenses, of approximately $5.7 million. On January 24, 2019, the Company completed the disposition of certain of its U.S. equipment to an unrelated party in exchange for approximately $2.8 million of aggregate cash proceeds, before commissions and selling expenses. On February 21, 2019, the Company completed the disposition of certain of its U.S. equipment to an unrelated party in exchange for approximately $6.2 million of aggregate cash proceeds, before commissions and selling expenses. On March 14, 2019, the Company completed the disposition of certain of its U.S. equipment to an unrelated party in exchange for approximately $2.1 million of aggregate cash proceeds, before commissions and selling expenses. Net of commissions, the Company received approximately $16.8 million. In the U.S., we have sold materially all of the equipment, inventory and other operating assets relating to our U.S. operations and terminated all field level employees. On March 18, 2019, the Company signed an agreement with an unrelated third party to purchase all of our material equipment and machinery assets in Argentina. See note 18. Subsequent Events.

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	2. Basis of Presentation and Significant Accounting Policies The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The consolidated financial statements for the years ended December 31, 2018 and 2017 were prepared on the going concern basis of accounting, which contemplates realization of assets and satisfaction of liabilities in the normal course of business and were prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and include the assets, liabilities, revenues and expenses of the Company’s subsidiaries. Principles of Consolidation We consolidate all wholly-owned subsidiaries, controlled joint ventures and variable interest entities where the Company has determined it is the primary beneficiary. All material intercompany accounts and transactions have been eliminated in consolidation. Our wholly-owned subsidiaries include: Viking Rock Holding, AS (100%), Viking Rock, AS (100% owned), Cherokee Rock, Inc. (100% owned), EcoStim, Inc. (100% owned), and Eco-Stim Energy Solutions Argentina, SA (100% owned). Going Concern Under Accounting Standards Update 2014-15, Presentation of Financial Statements-Going Concern, The Company has incurred substantial net losses and losses from operations since inception. As of December 31, 2018, the Company had cash and cash equivalents of approximately $3.7 million and working capital deficit of approximately $5.5 million. The Company does not have access to a working capital facility and may not have access to other sources of external capital on reasonable terms or at all. In September 2018, the Company elected to suspend its U.S. well stimulation operations and significantly reduce its U.S. workforce in alignment with potential near-term opportunities. As a result, beginning in the fourth quarter of 2018, the Company was only conducting pump down operations in the U.S. and the Company did not generate any material revenue from its U.S. operations in the fourth quarter of 2018, and as of May 10, 2019, has not generated any material revenue from its U.S. operations. In addition, the Company does not expect that its U.S. operations will generate any material revenue in future periods. In Argentina, the Company had been operating under a transition agreement with its primary customer since May 2018. Following the third quarter of 2018, the Company has not provided any services to its primary customer in Argentina under the transition agreement or otherwise, and the Company did not generate any significant revenue from its Argentina operations during the fourth quarter of 2018. As of December 31, 2018, the outstanding aggregate principal amount of the Company’s outstanding Negotiable Demand Promissory Note was approximately $7.9 million. If the Company’s obligations under the Negotiable Demand Promissory Note are accelerated pursuant to its terms, there can be no assurance that the Company will have sufficient funds to repay such obligations or the Company’s other obligations. Management’s plans to alleviate substantial doubt include: (i) pursuing the sale of a substantial majority of the equipment, inventory and other operating assets relating to the Company’s U.S. operations; (ii) using the proceeds from asset sales to reduce the Company’s outstanding liabilities and improve its liquidity; (iii) pursuing strategic alternatives, including alternatives for the Company’s operations in Argentina which could include selling, reducing the scale of, or shutting down the Company’s operations in Argentina; (iv) significantly reducing the Company’s U.S. workforce in alignment with potential near-term opportunities, which actions have been substantially implemented; (v) pursuing new work for the Company’s operations in Argentina; and (vi) taking other steps to reduce costs and liabilities. However, there can be no assurance as to the ultimate consummation, timing or amount of proceeds generated from any such asset sales or other actions. Based on the uncertainty of achieving these items and the significance of the factors described above, there is substantial doubt as to the Company’s ability to continue as a going concern for a period of 12 months following May 10, 2019. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Estimates are used in, but are not limited to, determining the following: allowance for doubtful accounts, recoverability of long-lived assets and intangibles, useful lives used in depreciation and amortization, income taxes and stock-based compensation. The accounting estimates used in the preparation of the consolidated financial statements may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes. Cash and Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. The Company maintains deposits in several financial institutions in both Argentina and the U.S. Funds held in the U.S. may at times exceed amounts covered by insurance provided by the U.S. Federal Deposit Insurance Corporation (“FDIC”). The Company has not experienced any losses related to amounts in excess of FDIC limits. Revenue The Company adopted Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers,” which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers, effective January 1, 2018, using the modified retrospective method. As there was no material impact on the Company’s current revenue recognition processes, no retrospective adjustments were necessary. Revenue is earned at a point in time when services are rendered, which is generally on a per stage basis for our well stimulation business or fixed daily rate for the Company’s coiled tubing operations. All revenue is recognized when a contract with a customer exists, the performance obligations under the contract have been satisfied, the amount to which the Company has the right to invoice has been determined and collectability of amounts subject to invoice is probable. The Company does not incur contract acquisition and origination costs. Taxes collected from customers and remitted to governmental authorities are accounted for on a net basis and, therefore, are excluded from revenues in the consolidated statements of operations and net cash provided by operating activities in the consolidated statements of cash flows. The Company has elected the practical expedient to recognize revenue based upon the transactional value it has the right to invoice upon completion of each performance obligation per the contract terms, as the Company believes its right to consideration corresponds directly with the value transferred to the customer, and this expedient does not lend itself to the application of significant judgment. As a result of electing these practical expedients, there was no material impact on the Company’s current revenue recognition processes and no retrospective adjustments were necessary. The Company’s obligations for refunds as well as the warranties and related obligations stated in its contracts with its customers are standard to the industry and are related to the correction of any defectiveness in the execution of its performance obligations. The Company expenses sales costs and any commissions when incurred as the amortization period would have been one year or less. Well Stimulation Revenue The Company has historically provided well stimulation services based on contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. Revenue is recognized upon completion of stimulation stages and includes the components of the services and the chemicals and proppants consumed while performing the well stimulation services. For our U.S. business, our performance obligations are defined as stages. In the case of our Argentina business, our performance obligations have been defined as stages plus specific defined services noted within the contract. For both businesses, customers are invoiced upon the completion of each job, which consist of multiple stimulation stages. Under term pricing agreement arrangements, customers commit to targeted utilization levels at agreed-upon pricing, but without termination penalties or obligations to pay for services not used by the customer. In addition, the agreed-upon pricing is typically subject to periodic review. Spot market basis arrangements are based on agreed-upon spot market rates. Coiled Tubing Revenue For our coiled tubing services, performance obligations are satisfied within a day, in line with day rates established by the contract. Jobs for these services are typically short term in nature, lasting anywhere from a few hours to a few days. Revenue is recognized upon completion of each job based upon a completed field ticket. The Company charges the customer for mobilization, services performed, personnel on the job, equipment used on the job, and miscellaneous consumables at agreed-upon spot market rates. Disaggregation of Revenue Revenue activities from continuing operations during twelve months ended December 31, 2018 and 2017, respectively were as follows: Year Ended December 31, 2018 2017 Revenues by service type: Well stimulation $ 40,709,621 $ 24,464,164 Total $ 40,709,621 $ 24,464,164 See also Item 8. Notes to Consolidated Financial Statements, Note 16: Segment Reporting Contract Balances In line with industry practice, the Company bills its customers for its services in arrears, typically when the stage or well is completed or at month-end. The majority of the Company’s jobs are completed in less than 14 days. Furthermore, it is currently not standard practice for the Company to execute contracts with prepayment features. As such, the Company’s contract liabilities with its customers are immaterial to its unaudited condensed consolidated balance sheets. Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, other assets, accounts payable, accrued expenses, capital lease obligations and notes payable. The recorded values of cash and cash equivalents, accounts receivable, other assets, accounts payable, and accrued expenses approximate their fair values based on their short-term nature. The carrying value of capital lease obligations and notes payable approximate their fair value, and the interest rates approximate market rates. Functional and Reporting Currency Items included in the financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The functional currency for the Norwegian and Argentine subsidiaries is the U.S. Dollar. The consolidated financial statements are presented in U.S. Dollars, which is the Company’s reporting currency. Net Loss per Common Share For the twelve months ended December 31, 2018 and 2017, the weighted average shares outstanding excluded shares of common stock issuable upon the exercise of certain stock options and shares of common stock issuable upon the conversion of outstanding shares of Series A Preferred totaling 3,303,721 and 401,393, respectively, from the calculation of diluted earnings per share because these shares would be anti-dilutive. As of June 20, 2017, the Company’s convertible debt was converted into common stock at $1.40 per share and therefore the Company no longer has any convertible debt outstanding. Anti-dilutive warrants of 25,000 for each of the twelve months ended December 31, 2018 and 2017 were also excluded from the weighted average share outstanding calculation. Accounts Receivable Accounts receivable are stated at amounts management expects to collect from outstanding balances both billed and unbilled (unbilled accounts receivable represents amounts recognized as revenue for which invoices have not yet been sent to clients). Management provides for probable uncollectible amounts through a charge to earnings and a credit to a valuation allowance based on its assessment of the current status of individual accounts. The Company evaluated all accounts receivable and determined that an allowance for doubtful accounts was necessary at December 31, 2018, but that no allowance was needed at December 31, 2017. The allowance for doubtful accounts was deemed necessary at December 31, 2018 due to the aging of our Argentina unbilled accounts receivable of $2.1 million being greater than 120 days placing into question our ability to collect on these amounts. Prepaids and Other Assets Prepaid expenses and other assets are primarily comprised of U.S. prepaid vehicle registration fees. Property, Plant and Equipment Property, Plant and Equipment (“PPE”) is stated at historical cost less depreciation. Historical cost includes expenditures that are directly attributable to the acquisition of the items. Depreciation is computed using the straight-line method over the estimated useful lives of the assets for financial reporting purposes. Expenditures for major renewals and betterments that extend the useful lives are capitalized. Expenditures for normal maintenance and repairs are expensed as incurred. The cost of assets sold or abandoned, and the related accumulated depreciation are eliminated from the accounts and any gains or losses are reflected in the accompanying consolidated statements of operations for the respective period. The estimated useful lives of our major classes of PPE are as follows: Major Classes of PPE Estimated Useful Lives Machinery and equipment 2-7 years Vehicles 5 years Leasehold improvements 5 years (or the life of the lease) Furniture and office equipment 3-5 years In September 2018, we sold certain of our non-core U.S. equipment for $2.9 million, recognizing a gain of $0.3 million. The proceeds were used to fund the general operations of the business. During the fourth quarter of 2018, we sold approximately $5.7 million of plant and equipment and recognized a gain of approximately $0.9 million. Leases The Company leased certain equipment under lease agreements. The Company evaluates each lease to determine its appropriate classification as an operating or capital lease for financial reporting purposes. Any lease that does not meet the criteria for a capital lease is accounted for as an operating lease. The assets and liabilities under capital leases are recorded at the lower of the present value of the minimum lease payments or the fair market value of the related assets. Assets under capital leases are amortized using the straight-line method over the lease term. Amortization of assets under capital leases is included in depreciation expense. Stock-Based Compensation The Company accounts for its stock options, warrants, and restricted stock grants under the fair value recognition provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718. The Company currently uses the straight-line amortization method for recognizing stock option and restricted stock compensation costs. The measurement and recognition of compensation expense for all share-based payment awards made to our employees, directors or outside service providers are based on the estimated fair value of the awards on the grant dates. The grant date fair value is estimated using either an option-pricing model which is consistent with the terms of the award or a market observed price, if such a price exists. Such cost is recognized over the period during which an employee, director or outside service provider is required to provide service in exchange for the award, i.e., “the requisite service period” (which is usually the vesting period). The Company also estimates the number of instruments that will ultimately be earned, rather than accounting for forfeitures as they occur. For the years December 31, 2018 and 2017, the Company recorded $2,977,423 and $1,754,706, respectively, of stock-based compensation, which is included in cost of services, and selling, general and administrative expense, in the statement of operations. Total unamortized stock-based compensation expense at December 31, 2018 was $1,432,391 compared to $3,247,370 at December 31, 2017. Impairment of Long-Lived Assets The Company reviews its long-lived assets for impairment when changes in circumstances indicate that the carrying amount of an asset may not be recoverable. ASC Topic 360 requires the Company to review long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The impairment review includes a comparison of future cash flows expected to be generated by the asset or group of assets with their associated carrying value. If the carrying value of the asset or group of assets exceeds expected cash flows (undiscounted and without interest charges), an impairment loss is recognized to the extent that the carrying value exceeds the fair value. If estimated future cash flows are not achieved with respect to long-lived assets, additional write-downs may be required. During 2017, the Company evaluated its long-lived assets for impairment and determined no impairment was necessary. During the second quarter of 2018, the Company concluded it had a triggering event requiring assessment of impairment for certain of its long-lived assets in conjunction with our decision to move from providing services operating two well stimulation fleets in the U.S. to providing a single well stimulation fleet in the U.S. providing pumping services to a single customer. As a result, crew and staff reductions were taken. Further, the Company reviewed the long-lived assets for impairment and recorded a $3.7 million impairment expense. The full amount is related to our U.S. segment. The impairment was measured using the market approach utilizing an appraisal to determine fair value of the impaired assets. During the third quarter of 2018, the Company concluded it had a triggering event requiring assessment of impairment for certain of its long-lived assets in conjunction with our decision to pursue the sale of a substantial majority of our U.S. equipment and suspension of its U.S. well stimulation operations. The Company reviewed the long-lived assets for impairment and recorded a $19.7 million impairment expense. The full amount is related to our U.S. segment. The impairment was measured using the market approach utilizing current bid values being obtained for the assets. During the fourth quarter of 2018, the Company concluded it had a triggering event requiring assessment of impairment for certain of its long-lived assets in conjunction with our decision to pursue the sale of a substantial majority of our U.S. equipment and suspension of our U.S. well stimulation operations, as well as our decision in Argentina to seek opportunities for sale of our assets or business. The Company recorded a loss on impairment during the fourth quarter of 2018 of $5.5 million and $4.4 million (included in discontinued operations) in our U.S. and Argentina segments, respectively. The impairments were measured using the market approach utilizing current net realizable values received in the sale of the assets subsequent to December 31, 2018. Major Customers and Concentration of Credit Risk The majority of the Company’s business from inception through the first quarter of 2017 was conducted with major and independent oil and natural gas companies in Argentina. For the twelve months ending December 31, 2018, 78% or $40.7 million and 22% or $11.4 million of our revenue is from the U.S. and Argentina, respectively. The Company evaluates the financial strength of its customers and provides allowances for probable credit losses when deemed necessary. The Company has historically derived a large amount of revenue from a small number of national and independent oil and natural gas companies. At December 31, 2018, the Company had a concentration of receivables with two customers. For the twelve months ended December 31, 2018 and 2017, two major customers accounted for approximately 97% and 74% of our services revenue, respectively. Our accounts receivable at December 31, 2018 and 2017 were concentrated with two major customers representing 88% and 78%, respectively. The Company did not generate any material revenue from these customers following the third quarter of 2018. Income Taxes Deferred income taxes are determined using the asset and liability method in accordance with ASC Topic 740. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income taxes are measured using enacted tax rates expected to apply to taxable income in years in which such temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred income taxes is recognized in the consolidated statement of operations of the period that includes the enactment date. In addition, a valuation allowance is established to reduce any deferred tax asset for which it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized. The Company is subject to U.S. federal and foreign income taxes along with state income and franchise taxes in Texas and Oklahoma. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Recently Issued and Adopted Accounting Guidance In May 2017, the FASB issued ASU No. 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting, which clarifies when modification accounting should be applied for changes to terms or conditions of a share-based payment award. This ASU is applied prospectively and is effective for fiscal years beginning after December 15, 2017, and interim periods within those years, with early adoption permitted. We adopted ASU 2017-09 in the first quarter of 2018, with such adoption having no material impact on the accompanying condensed consolidated financial statements. In May 2014, FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which replaced most existing revenue recognition guidance in U.S. GAAP when it became effective. This new standard requires us to recognize the amount of revenue to which we expect to be entitled for the transfer of promised goods or services to customers. We adopted the new standard using the modified retrospective application in the first quarter of 2018, with such adoption having no impact on the accompanying condensed consolidated financial statements and no cumulative effect adjustment was recognized. Accounting Guidance Issued But Not Adopted as of December 31, 2018 On February 25, 2016, the FASB issued ASU 2016-02 Leases (Topic 842), which requires an entity to recognize assets and liabilities arising from a lease for both financing and operating leases. ASU 2016-02 will also require new qualitative and quantitative disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating the effect this standard will have on its future condensed consolidated financial statements and related disclosures but does not expect adoption of have a material impact.

Accounts Receivable

Accounts Receivable	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Accounts Receivable	3. Accounts Receivable Accounts receivable by category were as follows: December 31, 2018 December 31, 2017 Billed $ 116,314 $ 2,218,227 Unbilled 66,150 3,474,252 Total accounts receivable $ 182,464 $ 5,692,479 As of December 31, 2018, $66,150 unbilled accounts receivable related to the U.S., and were billed subsequent to December 31, 2018. Receivables Agreement. Under the terms of the Receivables Agreement, we were obligated to pay interest on the face amount of the outstanding and unpaid Accounts purchased by Porter Capital, less the amount of the reserve account, at an interest rate equal to the Prime Rate (as defined in the Receivables Agreement) plus 8.25%. We were obligated under the Receivables Agreement to pay certain fees, including a fee (the “Minimum Term Fee”) payable upon termination of the agreement in an amount equal to: (i) the monthly interest rate multiplied by $5 million, multiplied by the number of months in the agreement term, less the amount of actual interest paid during the term of the agreement; or (ii) following the occurrence of an Event of Default (as defined below) that has not been cured within the time periods contemplated under the agreement, $1.8 million, less the amount of actual interest paid during the term of the agreement. The Minimum Term Fee was also subject to reduction under certain circumstances if Porter Capital did not purchase certain eligible Accounts that were presented for purchase by us. All of our obligations under the Receivables Agreement were secured by liens on certain of our assets, including the accounts receivable, chattel paper, inventory relating to our U.S. operations and certain equipment used for our U.S. operations (excluding equipment subject to vendor financing) (collectively, the “Collateral”). The Receivables Agreement further provided for customary events of default (“Events of Default”), including but not limited to the failure to make payments when due; insolvency events; the failure to comply with covenant obligations arising under the agreement or other agreements with Porter Capital or its affiliates; and breaches of representations and warranties. Upon the occurrence of an Event of Default, Porter Capital could terminate the Receivables Agreement and declare all of our outstanding obligations under the Receivables Agreement to be due and payable. The Receivables Agreement had an initial term of one year and would renew for successive one-year terms unless we provided notice of cancellation in accordance with the terms of the Receivables Agreement. On October 19, 2018, the Company terminated its Recourse Receivables Purchase & Security Agreement (“Receivables Agreement”) with Porter Capital Corporation (“Porter”). The Receivables Agreement had an initial term of one-year, with the Company permitted to terminate the Receivables Agreement prior to expiration of the initial term upon written notice to Porter and payment of the Company’s outstanding obligations under the Receivables Agreement, including amounts owed as a minimum term fee calculated in accordance with the terms of the Receivables Agreement. On October 19, 2018, the Company delivered a notice to Porter of our intent to terminate the Receivables Agreement following initial term upon written notice to Porter and payment of our outstanding obligations under the Receivables Agreement, including a minimum term fee of approximately $0.2 million. As a result, the Company will no longer be able to obtain funds under the Receivables Agreement and the collateral has been released from liens that had secured the Company’s obligations under the Receivables Agreement. For sales of our receivables under this Receivables Agreement, the Company applies the guidance in ASC 860, “ Transfers and Servicing – Sales of Financial Assets

Prepaids

Prepaids	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaids	4. Prepaids Prepaid by category were as follows: December 31, 2018 December 31, 2017 Prepaid insurance $ — $ 10,866 Prepaid other vendors and vehicle registrations 81,459 688,284 Total prepaid $ 81,459 $ 699,150 A majority of the decrease in Prepaids is attributable to U.S. non-renewal of vehicle registrations associated with vehicles sold or to be sold.

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	5. Other Assets December 31, 2018 December 31, 2017 Deposits $ 50,130 $ 200,846 Other current assets 19,105 53,608 Total other current assets $ 69,235 $ 254,454 A majority of the decrease in other assets is primarily attributable to non-recurring deposits made in 2017 to equipment vendors for equipment purchases.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	6. Property, Plant and Equipment Property, plant and equipment consists of the following: December 31, 2018 December 31, 2017 Machinery & equipment $ 3,982,112 $ 11,961,470 Less accumulated depreciation (1,932,112 ) (960,197 ) Property, plant and equipment, net $ 2,050,000 $ 11,001,273 Property, plant and equipment, net decreased from December 31, 2017 to December 31, 2018 due primarily to 2018 impairment charges, sales of U.S. assets in the fourth quarter of 2018, and depreciation of $14.2 million recorded during 2018.

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Accrued Expenses	7. Accrued Expenses Accrued expenses consist of the following: December 31, 2018 December 31, 2017 Accrued salaries $ 141,573 $ 502,994 Accrued accounts payable trade expenses 2,252,171 365,866 Accrued bonuses 121,483 524,000 Accrued sales tax 37,441 — Accrued dividends 900,000 — Accrued unused paid time off 199,324 214,062 Accrued interest 108,143 — Total accrued expenses $ 3,760,135 $ 1,606,922 Accrued accounts payable trade increased from 2018 to 2017 primarily due to the accrual of contract penalties charged by a supply vendor and accruals for U.S. sales taxes owed to state tax authorities owed at December 31, 2018.

Debt

Debt	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Debt	8. Debt The carrying values of our debt obligations as of December 31, 2018 and 2017 were as follows: December 31, 2018 December 31, 2017 Short Term Long Term Short Term Long Term Demand Note $ 7,916,188 $ — $ — $ — Total $ 7,916,188 $ — $ — $ — Negotiable Demand Promissory Note On June 8, 2018, the Company executed a Negotiable Demand Promissory Note (the “Demand Note”) in the principal amount of up to $15.0 million in favor of Eco-Lender, LLC (the “Lender”), a Delaware limited liability company and an affiliate of one or more funds that are managed by Fir Tree Capital Management LP (together with its affiliated funds, “Fir Tree”) and/or its affiliates, which affiliated funds collectively hold a majority of the outstanding shares of capital stock of the Company. Pursuant to the Demand Note, on June 8, 2018, the Lender advanced approximately $5.5 million of gross proceeds and $5.1 million of net proceeds after transaction expenses to the Company (the “Initial Advance”) and on August 16, 2018 the Lender advanced an additional $3.0 million of gross proceeds and $2.97 million of net proceeds to the Company. As of December 31, 2018, the aggregate principal amount outstanding under the Demand Note was approximately $7.9 million. Interest on the unpaid principal balance of the Note accrues at an annual rate of 10%, subject to a default interest rate of 14.00% or 24.00%, depending on the payment date following the occurrence of a default. All payments of principal, interest and other amounts under the Demand Note are payable immediately upon written demand by the Lender to the Company; provided, however, the Lender cannot make any demand for payment under the Demand Note until the earlier of (A) 45 days after the date of the Demand Note, (B) the occurrence of a material adverse change as defined in the Note and determined by the Lender in its sole and absolute discretion, (C) the occurrence of any default or event of default under any material agreement of the Company or any of its subsidiaries, and (D) the date upon which the Company or any of its subsidiaries ceases operating for any reason. The Company may prepay, in whole or in part, at any time, the principal, interest and other amounts owing under the Demand Note subject to a prepayment premium of 4.00% of the aggregate amount of such prepayment (inclusive of interest and other amounts due and owing under the Demand Note), provided that the minimum amount of any such prepayment is equal to the lesser of $1 million and the then outstanding balance of the Demand Note. All of the Company’s obligations under the Demand Note are guaranteed by EcoStim, Inc., a Texas corporation and a wholly owned subsidiary of the Company (“EcoStim”), and secured by a security interest (subject to permitted liens) in substantially all of the personal property of the Company and EcoStim, including 100% of the outstanding equity of the Company’s U.S. subsidiaries (including EcoStim) and 65% of the outstanding equity of the Company’s non-U.S. subsidiaries; provided, however, that the Lender had a subordinate lien on those assets of the Company and EcoStim that were subject to the lien of Porter Capital pursuant to the Receivables Agreement. As a result of our October 19, 2018 termination of the Receivables Agreement, all collateral has been released that had been secured under the Receivables Agreement. Long-Term Notes Payable Convertible Note Facility On March 3, 2017, the Company entered into a transaction with Fir Tree pursuant to which Fir Tree purchased from ACM entities $22 million aggregate principal amount of the Company’s outstanding 14% convertible notes which were due in 2018, (“the ACM Note”) and 2,030,436 shares (pre-split) of the Company’s outstanding common stock, par value $0.001 per share. This transaction was part of a comprehensive recapitalization designed to create a path to a potential conversion to equity of substantially all the Company’s debt, subject to stockholder approval. As part of the transaction, the ACM Note was amended and restated (the “A&R Convertible Note”) and the Company issued to Fir Tree an additional $19.4 million aggregate principal amount convertible note (the “New Convertible Note”), representing an additional $17 million aggregate principal amount of convertible notes issued by the Company to Fir Tree on March 3, 2017, and approximately $2.4 million principal amount of convertible notes in payment of accrued and unpaid interest on the ACM Note. The unpaid principal amount of the A&R Convertible Note and the New Convertible Note bore an interest rate of 20% per annum and, if stockholder approval were not obtained, would have matured on May 28, 2018. After giving effect to these transactions, the Company had approximately $41.4 million of outstanding convertible notes. Fir Tree agreed to convert all the outstanding convertible notes into common stock at a conversion price of $1.40 per share, subject to receipt of stockholder approval and satisfaction of certain other conditions. On June 15, 2017, with stockholder approval, all the outstanding convertible notes were subsequently converted into common stock and the Company issued approximately 29.5 million shares of common stock to Fir Tree as a result of such conversion.

Equity

Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Equity	9. Equity Stockholders’ Equity The Company has implemented a reverse stock split to reduce the number of shareholders of record to allow the Company to deregister the common stock and reduce ongoing expenses with respect to filings under the Exchange Act. Share amounts reflected in the consolidated financial statements and this note are on a post-stock split basis and give effect to the 4:1 reverse stock split effected by the Company in February 2019, except as indicated otherwise. After the filing of this Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and the filing of a Form 15 to terminate the Company’s reporting obligations under Sections 12(b) and 12(g) of the Exchange Act and suspend the Company’s reporting obligations under Section 15(d) of the Exchange Act, the Company will no longer be subject to certain provisions of the Exchange Act. In particular, the Company’s obligations to publicly file periodic and current reports with the SEC will be suspended. The Company has 50,000,000 shares of preferred stock authorized at $0.001 par value, 30,000 of which have been designated as Series A Convertible Preferred Stock (“Series A Preferred”). At December 31, 2018 and 2017, the Company had 10,600 shares of Series A Preferred and 0 shares of preferred stock issued and outstanding and none issued or outstanding, respectively. The Company has 200,000,000 shares of Common Stock authorized at $0.001 par value per share, of which 18,849,935 shares were issued and 18,844,472 shares were outstanding as of December 31, 2018 and of which 18,649,937 shares issued and 18,644,474 shares outstanding as of December 31, 2017. As disclosed previously in Form 8-K filed February 14, 2019, the Company has implemented a reverse stock split. The reverse stock split reduced the number of shareholders of record and allows the Company to deregister the common stock and reduce ongoing expenses with respect to filings under the Exchange Act. Those shareholders who, immediately following the reverse stock split, held only a fraction of a share of the Company’s common stock were paid, in lieu thereof, an amount in cash equal to $0.08 (on a post-split basis) times such fraction of a share and are no longer shareholders of the Company. After the filing of this Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and the filing of a Form 15 to suspend the Company’s reporting obligations under Section 15(d) of the Exchange Act, the Company will no longer be subject to certain provisions of the Exchange Act. In particular, the Company’s obligations to publicly file periodic and current reports with the SEC under Section 15(d) of the Exchange Act will be suspended. Common Stock and Issuances On July 6, 2017, the Company closed a private placement of shares of the Company’s common stock providing gross proceeds of $15.0 million, and net of costs proceeds of $14.9 million. As part of the offering, the Company issued 10,000,000 shares (pre-split) of its common stock for $1.50 per share to certain existing shareholders. The proceeds from the offering were used to finance capital expenditures to support existing contracts the Company has in both Oklahoma and Argentina, for working capital and for other general corporate purposes. On August 8, 2017, the Company closed on a private placement of shares of the Company’s common stock providing gross proceeds of $28 million, with net of costs proceeds of $26.7 million. As part of the offering, the Company issued an aggregate of 19,580,420 shares (pre-split) of its common stock for $1.43 per share to two existing stockholders and several new institutional investors. The proceeds from this offering were used to finance capital expenditures to support the Company’s most recent customer contract in Oklahoma, for working capital and for other general corporate purposes. Preferred Stock and Issuance On March 29, 2018, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Fir Tree, its majority stockholder, pursuant to which Fir Tree agreed to purchase 10,000 shares of the Company’s newly-designated Series A Preferred, at a price of $1,000 per share. An initial closing was conducted on April 2, 2018 providing $10.0 million of gross proceeds and $9.7 million of net proceeds after expenses to the Company. Each share of Series A Preferred ranks senior to the Company’s common stock with respect to dividend rights and rights upon the liquidation, winding-up or dissolution of the Company and has a stated value of $1,000 per share (the “Stated Value”). In the event the Company is liquidated, wound up or dissolved, or if the Company effects any Deemed Liquidation Event (as defined below), the holders of Series A Preferred are entitled to receive in respect thereof the greater of (i) the Stated Value plus any accrued and unpaid dividends thereon, (ii) the amount the holder thereof would receive if such shares of Series A Preferred were converted into common stock immediately prior to such liquidation, dissolution, winding up or Deemed Liquidation Event or (iii) a liquidating distribution equal to 1.5 times the Stated Value. A “Deemed Liquidation Event” includes certain merger or consolidation transactions, a sale of all or substantially all of the Company’s assets, a change of control transaction or similar event. Holders of Series A Preferred are entitled to vote with holders of the Company’s common stock and are entitled to one vote per share of common stock into which a share of Series A Preferred is then-convertible on any matter on which holders of the capital stock of the Company are entitled to vote. Each share of Series A Preferred was initially and as of December 31, 2018 convertible, at the option of the holder at any time, into a number of shares of common stock determined by dividing the Stated Value plus any dividends accrued but unpaid thereon by the conversion price of $1.15 (subject to adjustment for stock splits, combinations, certain distributions or similar events). In addition, for so long as shares of Series A Preferred are outstanding, the affirmative vote or consent of holders of a majority of the outstanding shares of Series A Preferred, voting together as a separate class, is necessary before taking certain actions, including but not limited to (i) amending the articles of incorporation, the bylaws or the Certificate of Designation for the Series A Preferred in a manner that would materially and adversely or disproportionately affect the powers, preferences or rights of the Series A Preferred, (ii) liquidating, dissolving or winding up the Company or entering into a Deemed Liquidation Event, (iii) creating or issuing any class of capital stock unless it ranks junior to the Series A Preferred with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company or any Deemed Liquidation Event, payment of dividends and rights of redemption, (iv) reclassifying, altering or amending any existing security that is pari passu or junior to the Series A Preferred with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company or any Deemed Liquidation Event, payment of dividends and rights of redemption if such reclassification, alteration or amendment would render such other security senior or pari passu with the Series A Preferred in respect of any such right, preference or privilege, (v) subject to certain exceptions, purchasing or redeeming any shares of capital stock or paying any dividend or making any distribution thereon and (vi) issuing any shares of Series A Preferred to anyone other than the original holders of the Series A Preferred. Holders of Series A Preferred are entitled to cumulative dividends payable semi-annually in arrears at a rate of (i) 10% per year, if paid in cash, or (ii) 12% per year, if, at the election of the Company, paid through the issuance of additional shares of Series A Preferred. In addition to the dividend rights described above, holders of Series A Preferred are entitled to receive dividends or distributions declared or paid on common stock on an as-converted basis. Following the end of the third quarter of 2018, the Company paid the initial preferred dividend on all outstanding shares of Series A Preferred through the issuance of 600 additional shares of Series A Preferred. The Company may redeem shares of Series A Preferred at any time in cash at a price per share equal to the greater of (i) the Stated Value plus any accrued and unpaid dividends thereon and (ii) the product of 1.5 times the Stated Value. Treasury Stock On December 15, 2015, the Board authorized the Company to repurchase, from time to time during the period from December 16, 2015 through December 16, 2017, up to $5 million in shares of its outstanding common stock. As of December 31, 2017, the Company had purchased 21,850 shares at a cost of $57,469 under the buy-back program. No shares were repurchased during 2018. Warrants In the fourth quarter of 2013, the Company executed a sale-leaseback transaction with a third party that included an inducement payment of 25,000 common stock warrants. The exercise price per share of the common stock under the agreement is $7.00. The agreement expires five years after the date of issuance. The warrants can be exercised on a one for one basis starting July 1, 2014. The estimated fair value of the warrants at issuance was approximately $0.3 million and was calculated using the Black-Scholes method with the following weighted average assumptions being used. Volatility 75 % Expected lives years 2.88 Expected dividend yield — Risk free rates 0.12 %

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Employee Benefit Plan	10. Employee Benefit Plan The Company adopted a safe harbor defined contribution 401(k) plan effective January 1, 2012, covering all Company employees in the US headquarters and US operations. Under the plan, the Company contributes 5% towards the employee 401k. The contribution is fully vested at the time of contribution. The Company’s contributions for the years ended December 31, 2018 and 2017 were $284,582 and $326,683, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	11. Stock-Based Compensation The Company has two stock incentive plans, the 2013 Stock Incentive Plan (the “2013 Plan”) and the 2015 Stock Incentive Plan (the “2015 Plan”), (or collectively, “the Plans”), for the granting of stock-based incentive awards, including incentive stock options, non-qualified stock options and restricted stock, to employees, consultants and members of the Company’s Board. The 2013 Plan was adopted in 2012 and amended in 2013 and authorizes 1,000,000 shares to be issued under the 2013 Plan. The 2015 Plan, formerly known as “the 2014 Stock Incentive Plan,” was adopted in 2014 and was amended in 2015 and 2016 to authorize a total of 700,000 additional shares, resulting in a maximum of 1,700,000 shares being authorized for issue under the modified 2015 Plan. Both the 2013 Plan and the 2015 Plan have been approved by the stockholders of the Company. On June 15, 2017, at our annual meeting of stockholders (the “2017 Annual Meeting”), our stockholders approved an increase to the aggregate maximum number of shares available under the 2015 Plan by 5,000,000 shares (from 1,200,000 shares to 6,200,000 shares). On June 20, 2018, at our annual meeting of stockholders (the “2018 Annual Meeting”), our stockholders approved an increase to the aggregate maximum number of shares of common stock available under the 2015 Plan by 3,000,000 shares (from 6,200,000 shares to 9,200,000 shares). As of December 31, 2018, 256,991 shares were available for grant under the 2013 Plan and 2,075,686 shares were available for grant under the 2015 Plan. Share amounts set forth above are on a pre-stock split basis. The Black-Scholes option valuation model was developed for use in estimating the fair value of traded options, which have no vesting restrictions and are fully transferable. Option valuation models require the input of highly subjective assumptions including the expected stock price volatility. The expected life of awards granted represents the period of time that they are expected to be outstanding. The Company determined the initial expected life based on a simplified method in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 718, giving consideration to the contractual terms, vesting schedules, and pre-vesting and post-vesting forfeitures. The Company recorded $2,977,423 and $1,754,706 for 2018 and 2017, respectively, of stock-based compensation, which is included in selling, general, and administrative expense and cost of sales in the accompanying consolidated statement of operations. Total unamortized stock-based compensation expense at December 31, 2018 was $1,432,391. Stock Options Options granted vest over a period of two to four years, subject to the optionee’s continued employment or service, and may have an expiration date not longer than ten years following the date of grant. The Plans specify that the per share exercise price of an incentive stock option may not be less than 110% of the fair market value of the Company’s common stock on the date of grant, and the per share exercise price of a non-qualified stock option may not be less than the fair market value of the Company’s common stock on the date of grant. The Company’s general practice has been to grant options with a per share exercise price equal to the fair market value of the Company’s common stock on the date of grant. A summary of the Company’s stock option activity for the years ended December 31, 2018 and 2017 is presented below: Awards Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Options outstanding at December 31, 2016 239,428 $ 5.20 7.44 Granted 1,062,242 1.84 Exercised — — Forfeited (35,420 ) 5.18 Options outstanding at December 31, 2017 1,266,250 $ 2.38 8.26 Granted — — Exercised — — Forfeited (132,762 ) 1.25 Options outstanding at December 31, 2018 1,133,488 1.75 8.14 Options exercisable at December 31, 2018 934,156 2.47 7.69 As of December 31, 2018, the range of exercise prices for outstanding options was $0.33 – $7.00. There were no stock options exercised during 2018 or 2017. The intrinsic value is calculated as the total number of option shares multiplied by the excess of the closing price of our common stock on the last trading day over the exercise price of the options. This amount changes based on the fair market value of our common stock. Had all option holders exercised their options on December 31, 2018, the aggregate intrinsic value of the options would have been $1,545 on December 31, 2018. The following table presents the assumptions used in determining the fair value of option awards for the year ended December 31, 2018: 2018 Weighted average grant date fair value per share of awards granted $ 0.76 Significant fair value assumptions: Expected term (in years) 5.75 Volatility 52.54 % Risk-free interest rate 0.03 % Expected dividends — Restricted Stock A summary of award activity under the Plan for the years ended December 31, 2018 and 2017 is presented below: Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2016 54,187 Granted 276,025 1.42 Vested (83,875 ) Non-vested at December 31, 2017 246,337 Granted 600,397 0.76 Vested (220,710 ) Expired (154,844 ) Non-vested at December 31, 2018 471,180 The weighted average grant date fair value of awards of restricted stock is based on the market price of the Company’s common stock on the date of the grant.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	12. Commitments and Contingencies Capital Lease Obligations The Company leased certain equipment from a third party with certain prepayments being made securing the final six months of payments on the lease. Lease payments are $81,439 per month, with the final three months of prepaid payments being shown as other non-current assets in the consolidated balance sheets with a balance of $244,317. The minimum present value of the lease payments is $0.7 million with terms of sixty months and implied interest of 14%. During 2018, the Company leased certain other equipment through an equipment lease purchase agreement with a third party. Lease payments ranged between $261,240 per month to $1,077,615 per month based on the agreement. The minimum present value of the lease payment is $3.3 million with an initial term of six months and implied interest rate of 8%. During the fourth quarter of 2018, the Company negotiated with the third party returning the leased equipment and dissolving the lease agreement and any further commitments. Operating Leases The Company’s operating leases correspond to facilities and office space in the United States. The operating leases also correspond to operational equipment utilized by the Company’s U.S. operations. The future minimum lease payments as of December 31, 2018 are as follows: Operating Leases 2019 $ 308,928 2020 — Thereafter — Total $ 308,928 Commitments Historically, in the course of operations, we entered into certain long-term raw material supply agreements for the supply of proppant to be used in hydraulic well stimulation in our U.S. operations. As part of these agreements, we are subject to minimum tonnage purchase requirements and may pay penalties in the event of any shortfall. Additionally, we have entered into certain long-term transportation agreements for the transportation of raw material from the vendors’ point of delivery to the well site to support our U.S. operations. Per the agreements with these vendors, we are subject to certain minimum commitments under the long-term transportation agreements. In September 2018, we completed work under our pressure pumping contract with our primary U.S. customer. Given the weakness of the U.S. well stimulation market, in September 2018 we elected to suspend our U.S. well stimulation operations and significantly reduce our U.S. workforce in alignment with potential near-term opportunities, including pump down and miscellaneous pumping services. With this decision, we believe it is probable that we will not fulfill our commitments within the requirements under U.S. GAAP Contingencies (Topic 450) regarding certain of the above noted supply and transportation agreements. As such, we have recorded accruals related to what we believe to be reasonable estimates related to the future settlements of these contingencies of $2.0 million recorded in Accounts Payable and Accrued expenses in our Consolidated Financial Statements. We intend to seek to negotiate with the counterparties to these agreements and therefore, the amount of ultimate settlement may be higher or lower than what we have recorded, with the maximum aggregate potential liability estimated by us to be approximately $3.5 million, including estimated litigation expenses. Payment terms would also be established upon settlement with these counterparties. Legal Proceedings From time to time, we may be a party or otherwise subject to legal or regulatory proceedings or other claims incidental to or arising in the ordinary course of our business. While the ultimate outcome of these matters cannot be predicted at this time, we do not expect that the resolution of these matters will have a material adverse effect on our consolidated financial position, results of operations or cash flows. On May 1, 2018, a collective action lawsuit was filed against Eco-Stim Energy Solutions, Inc. and certain of its subsidiaries by a former employee in the United States District Court for the Southern District of Texas (Houston Division) alleging that we failed to pay a class of workers in compliance with the Fair Labor Standards Act and seeking recovery of such wages, attorney’s fees, costs, interest and other related damages. In September 2018, this case was stayed pending resolution through arbitration proceedings among the parties. On or about May 3, 2019, both parties agreed to a mutually acceptable settlement and release agreement, with no material adverse effect on our consolidated financial position, results of operations or cash flows. In addition, seven of our vendors have filed lawsuits against us in seven separate Texas state court actions, and two of our vendors have filed lawsuits against us and a former customer in two separate Oklahoma state court actions. All together, they are seeking to collect an aggregate of approximately $3.4 million of damages for amounts alleged to be owed by us for various goods, equipment or services alleged to have been provided by such vendors, as well as pre-judgment and post-judgment interest and attorney’s fees. In addition, certain of our vendors have threatened to file liens against certain assets of our former customers with respect to amounts alleged to be owed by us for various goods, equipment or services alleged to have been provided by such vendors in an aggregate amount of approximately $3.8 million. We intend to vigorously contest these matters or seek mutually agreeable settlements of the claimed amounts, and we may incur material expenses in connection with the resolution of these lawsuits and claims. We are currently not able to predict the outcome of these cases and whether mutually acceptable settlements and resolution can be obtained. If these matters cannot be resolved at acceptable levels, they could have a material adverse effect on our consolidated financial position, results of operations or cash flows, however we are unable to predict the effect on our consolidated financial position, results of operations or cash flows.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	13. Related Party Transactions Transactions with Fir Tree On March 3, 2017, the Company entered into a transaction with Fir Tree pursuant to which Fir Tree purchased from ACM Emerging Markets Master Fund I, L.P. $22 million aggregate principal amount of the Company’s outstanding convertible notes which were due in 2018. This transaction was part of a comprehensive recapitalization designed to create a path to a potential equalization of substantially all of the Company’s debt, subject to stockholder approval. As part of the transaction, the Company issued to Fir Tree an additional $19.4 million aggregate principal amount of convertible notes. After giving effect to these transactions, the Company had approximately $41.4 million of outstanding convertible notes. Fir Tree agreed to convert all of the outstanding convertible notes into common stock at a conversion price of $1.40 per share, subject to receipt of stockholder approval and satisfaction of certain other conditions. On June 20, 2017, the Company converted such notes into Common Stock at a price of $1.40 per share and issued 29,538,786 shares of Common Stock to Fir Tree (the “Conversion”), upon the Company receiving stockholder approval at the Annual Meeting of Stockholders of the Company on June 15, 2017. As such, all obligations under the notes have been deemed paid in full and the notes have been terminated. No termination penalty or fee was incurred in connection with the termination of the notes. The Conversion reduced the Company’s debt by approximately $41.4 million. On March 29, 2018, we entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Fir Tree, pursuant to which Fir Tree agreed to purchase 10,000 shares of our newly-designated Series A Convertible Preferred Stock, par value $0.001 per share (the “Series A Preferred”), at a price of $1,000 per share. The transaction closed on April 2, 2018 providing for our sale and issuance of 10,000 shares of Series A Preferred, providing $10.0 million of gross proceeds and $9.7 million of net proceeds after expenses to us. Holders of Series A Preferred are entitled to cumulative dividends payable semi-annually in arrears at a rate of (i) 10% per year if we elect to pay the dividend in cash, or (ii) 12% per year if we elect to pay the dividend through the issuance of additional shares of Series A Preferred. On October 1, 2018, we paid the initial dividend on the outstanding shares of Series A Preferred through the issuance of an aggregate of 600 additional shares of Series A Preferred to the holders of outstanding shares of Series A Preferred. On June 8, 2018, we executed a negotiable demand promissory note (the “Demand Note”) in the principal amount of up to $15.0 million in favor of Eco-Lender, LLC (the “Lender”), a Delaware limited liability company and an affiliate of Fir Tree. Pursuant to the Demand Note, on June 8, 2018, the Lender advanced approximately $5.5 million of gross proceeds and $5.1 million of net proceeds after expenses and on August 16, 2018 the Lender advanced an additional $3.0 million of gross proceeds and $2.97 million of net proceeds to us under the Demand Note. We do not have any right to re-borrow any amounts that have been advanced and repaid under the Demand Note. In addition, the Lender is not obligated to make any additional advances under the Note. Interest on the unpaid principal balance of the Demand Note accrues at an annual rate of 10%, subject to a default interest rate of 14.00% or 24.00% depending on the payment date following the occurrence of a default. All payments of principal, interest and other amounts under the Demand Note are payable immediately upon written demand by the Lender to us; provided, however, the Lender cannot make any demand for payment under the Demand Note until the earlier of (A) 45 days after the date of the Demand Note, (B) the occurrence of a material adverse change as defined in the Demand Note and determined by the Lender in its sole and absolute discretion, (C) the occurrence of any default or event of default under any material agreement of ours or any of our subsidiaries, and (D) the date upon which we or any of our subsidiaries ceases operating for any reason. We may prepay, in whole or in part, at any time, the principal, interest and other amounts owing under the Demand Note subject to a prepayment premium of 4.00% of the aggregate amount of such prepayment (inclusive of interest and other amounts due and owing under the Demand Note), provided that the minimum amount of any such prepayment is equal to the lesser of $1 million and the then outstanding balance of the Demand Note. All of our obligations under the Note are guaranteed by our wholly owned subsidiary, EcoStim, Inc. (“EcoStim”), and secured by a security interest (subject to permitted liens) in substantially all of our personal property, including 100% of the outstanding equity of the our U.S. subsidiaries (including EcoStim, Inc.) and 65% of the outstanding equity of our non-U.S. subsidiaries; provided, however, that the Lender had a subordinate lien on those of our assets that were subject to the lien of Porter Capital pursuant to the Receivables Agreement prior to the termination of such agreement. July 2017 and August 2017 Private Placements On July 6, 2017, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with each of the purchasers identified on the signature pages thereto, including funds affiliated with Fir Tree and Bienville (collectively, the “July Purchasers”) pursuant to which the July Purchasers agreed to purchase 10,000,000 shares of the Company’s common stock, par value $0.001 per share, at a price of $1.50 per share (the “July Private Placement”). The issuance of the Shares pursuant to the Purchase Agreement was made in reliance upon an exemption from registration provided under Section 4(a)(2) of the Securities Act. The July Private Placement closed on July 6, 2017 and resulted in approximately $15.0 million of gross proceeds and approximately $14.8 million of net proceeds (after deducting the Company’s estimated expenses). In connection with the closing of the July Private Placement, the Company and the July Purchasers entered into that certain Amended& Restated Registration Rights Agreement, dated July 6, 2017 (the “Registration Rights Agreement”). Under the Registration Rights Agreement, the Company agreed to (i) use its reasonable best efforts to file a Registration Statement (as defined in the Registration Rights Agreement) on Form S-1 or any successor form thereto (each a “Long-Form Registration” as defined in the Registration Rights Agreement) with the Securities and Exchange Commission (the “Commission”) upon the initial request of registration from the Demand Holders (as defined in the Registration Rights Agreement) within ninety (90) days after the date on which the initial request is given; and (ii) use its reasonable best efforts to file a Registration Statement on Form S-3 or any successor form thereto, if the Company is qualified for the use of Form S-3, (each a “Short-Form Registration” as defined in the Registration Rights Agreement) with the Commission upon the initial request of registration from the Demand Holders within sixty (60) days after the date on which the initial request is given. In addition, the Registration Rights Agreement provides holders of Registrable Securities (as defined in the Registration Rights Agreement) piggyback registration rights, subject to certain underwriter cutbacks and issuer blackout periods. The Company also agreed to pay all fees and expenses relating to the registration and disposition of the Registrable Securities in compliance with the Company’s obligations under the Registration Rights Agreement. In addition, in connection with the closing of the July Private Placement, the Company’s Amended and Restated Stockholders Agreement dated as of March 3, 2017 (the “Rights Agreement”) was amended to clarify certain procedures set forth in the Rights Agreement with respect to matters subject to approval by directors nominated by FT SOF VII Holdings, LLC, an affiliate of Fir Tree Partners. On August 2, 2017, the Company entered into a Common Stock Subscription Agreement (the “Subscription Agreement”) with (i) affiliates of Fir Tree, pursuant to which such Fir Tree affiliates agreed to purchase 9,456,056 shares (pre-split) of the Company’s common stock, (ii) Bienville Argentina Fund, pursuant to which Bienville agreed to purchase 1,923,077 shares (pre-split) of the Company’s common stock and (iii) certain other purchasers identified on the signature pages thereto (the “August Purchasers”) pursuant to which such other August Purchasers agreed to purchase an aggregate of 10,124,364 shares of the Company’s common stock, in each cases of clauses (i), (ii) and (iii), at a price of $1.43 per share, which was the closing market price for the Company’s Common Stock on August 1, 2017 (collectively, the “August Private Placement”). The issuance of such shares of Common Stock pursuant to the Subscription Agreement was made in reliance upon an exemption from registration provided under Section 4(a)(2) of the Securities Act. The August Private Placement closed on August 8, 2017 and resulted in approximately $28.0 million of gross proceeds and approximately $26.7 million of net proceeds (after deducting the Company’s estimated expenses). In connection with the August Private Placement, the Company, Fir Tree, Bienville Argentina Fund, and the August Purchasers entered into a new Registration Rights Agreement as of August 2, 2017 that became effective upon the closing of the August Private Placement (the “PIPE Registration Rights Agreement”). Under the PIPE Registration Rights Agreement, the Company agreed to (i) use its reasonable best efforts to file a Registration Statement (“Shelf Registration Statement” as defined in the PIPE Registration Rights Agreement) with the Commission no later than sixty (60) days following the closing date of the August Private Placement, to be effective no later than one hundred twenty (120) days following such closing date. In addition, the PIPE Registration Rights Agreement provides holders of Registrable Securities (as defined in the PIPE Registration Rights Agreement) piggyback registration rights, subject to certain underwriter cutbacks and issuer blackout periods. The Company agreed to pay all fees and expenses relating to the registration and disposition of the Registrable Securities in compliance with the Company’s obligations under the PIPE Registration Rights Agreement. In connection with the August Private Placement, the prior Restated Registration Rights Agreement, dated as of March 3, 2017 (the “Existing Registration Rights Agreement”), among the Company, Fir Tree, Bienville and the other parties thereto, was amended so as to include definitions related to the August Private Placement, to clarify certain clauses set forth in the Existing Registration Rights Agreement with respect to the Shelf Registration Statement as defined in the PIPE Registration Rights Agreement, and to clarify certain aspects of the relationship between the Company’s obligations under the Existing Registration Rights Agreement and the Company’s obligations under the PIPE Registration Rights Agreement. The Registration Rights Agreement and the PIPE Registration Rights Agreement were terminated on February 21, 2019 in contemplation of the deregistration of the Company’s common stock with the SEC.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	14. Income Taxes The components of the expense for income taxes are as follows for the years ended December 31, 2018 and 2017: For the year ended December 31, 2018 2017 Current $ $ Federal — — State — — Foreign — (633,530 ) Total $ — $ (633,530 ) Deferred $ — $ — Federal — — State — — Foreign — — Total $ — $ — Total income tax provision $ — $ (633,530 ) The effective tax rate is reconciled to the U.S. federal statutory rate as follows as of December 31, 2018 and 2017, respectively: For the year ended December 31, 2018 2017 Income tax benefit at the applicable federal rate (21% for 2018; 34% for 2017) $ (18,451,302 ) $ (9,377,343 ) Permanent difference 115,723 348,212 Change in valuation allowance 23,775,367 (3,365,898 ) Deferred true-up (3,192,297 ) 1,785,761 Remeasurement of deferred taxes for tax law change 121,471 7,813,999 Currency exchange rate change 2,342,681 2,809,109 Foreign rate differential (1,594,237 ) 3,160 Employee Retention credit (3,117,406 ) (17,000 ) Withholding tax — (633,530 ) Income tax expense (benefit) $ — $ (633,530 ) The tax effects of the temporary differences between financial statement income and taxable income are recognized as deferred tax assets and liabilities. Significant components of the deferred tax assets and liabilities as of December 31, 2018 and 2017 respectively are as follows: December 31, 2018 December 31, 2017 Deferred assets Stock-based compensation $ 816,273 $ 376,224 Accrued vacation 51,306 54,335 Accrued bonus 31,270 235,297 Interest limitation 519,149 226,664 Bad debt allowance 692,266 — Employee retention credit — 17,000 R&D credit 46,497 46,497 Other accruals 60,298 118,500 Intangible assets 1,630 1,396 Net operating loss carryforward 29,324,272 19,283,115 Total deferred tax assets $ 31,542,961 $ 20,359,028 Deferred liability Prepaids — (2,758 ) Property, plant and equipment 6,194,220 (6,394,456 ) Total deferred tax liabilities $ 6,194,220 $ (6,397,214 ) Net deferred tax asset 37,737,181 13,961,814 Valuation allowance (37,737,181 ) (13,961,814 ) Total net deferred tax assets $ — $ — The Company has established a valuation allowance to fully reserve the net deferred tax asset due to the uncertainty of the timing and amounts of future taxable income. At December 31, 2017, the Company had a federal tax loss carry forward of $68,146,909 and a foreign tax loss carry forward of $15,857,215, both of which have been fully reserved. At December 31, 2018, the Company has a federal tax loss carry forward of $91,139,261 and a foreign tax loss carry forward of $23,142,711, both of which have been fully reserved. The loss carryforwards expire as follows: Expiration year Amount 2019 $ 179,117 2020 395,023 2021 1,188,455 2022 2,546,339 2023 and forward 109,973,037 Total $ 114,281,971 The Company records accrued interest and penalties related to unrecognized tax benefits in general and administrative expense. No amounts of interest expense and penalties have been accrued or recognized related to unrecognized tax benefits since inception. We are currently subject to a three-year statute of limitations by major tax jurisdictions. On June 20, 2017, all convertible debt was converted into approximately 29.5 million shares of the Company’s Common Stock resulting in a change of ownership greater than 50%. As a result, the Company’s ability to offset its income with its U.S. net operating losses are limited by the Internal Revenue Code Section 382.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Quarterly Financial Data (Unaudited)	15. Quarterly Financial Data (unaudited) Summarized quarterly financial data for the years ended December 31, 2018 and 2017 are presented below. Quarter Ended March 2018 June 2018 September 2018 December 2018 Revenue $ 12,683,226 $ 15,015,646 $ 12,503,599 $ 507,150 Operating loss (9,746,075 ) (12,890,473 ) (30,050,053 ) (12,840,169 ) Loss before income taxes (10,188,758 ) (13,525,627 ) (32,956,848 ) (10,815,182 ) Net loss from continuing operations (10,188,758 ) (13,525,627 ) (32,953,863 ) (10,818,167 ) Basic and diluted loss per share-continued operations $ (0.14 ) $ (0.18 ) $ (0.44 ) $ (0.14 ) Net loss from discontinued operations (2,671,759 ) (3,050,835 ) (2,244,834 ) (12,413,228 ) Basic and diluted loss per share – discontinued operations $ (0.04 ) $ (0.04 ) $ (0.03 ) $ (0.16 ) Quarter Ended March 2017 June 2017 September 2017 December 2017 Revenue $ — $ 3,092,722 $ 7.369.376 $ 14,002,066 Operating loss (1,599,912 ) (3,396,262 ) (3.263.783 ) (5,477,113 ) Loss before income taxes (3,115,954 ) (2,823,964 ) (3.258.841 ) (5,611,975 ) Net loss from continuing operations (3,115,954 ) (2,823,964 ) (3.258.841 ) (5,611,975 ) Basic and diluted loss per share-continued operations $ (0.21 ) $ (0.16 ) $ (0.05 ) $ (0.08 ) Net loss from discontinued operations (1,913,072 ) (3,323,870 ) (3,381,221 ) (3,517,980 ) Basic and diluted loss per share – discontinued operations $ (0.13 ) $ (0.19 ) $ (0.05 ) $ (0.05 )

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Reporting	16. Segment Reporting As a result of the Company beginning revenue generating activities in the U.S. in the second quarter of 2017, we began reporting the results of each of our two reportable segments beginning with the second quarter of 2017 in accordance with ASC 280, Segment Reporting Our two operating segments are managed through operating segments that are aligned with our geographic operating locations of Argentina and the U.S. We also report certain corporate and other non-operating activities under the heading “Corporate and Other”, which primarily reflects corporate personnel and activities, research and development activities, incentive compensation programs and other costs. The Argentina segment, which is reported as discontinued operations, has been included in the segment information below. We account for intersegment sales at prices that we generally establish by reference to similar transactions with unaffiliated customers. Reporting segments are measured based on gross margin, which is defined as revenues reduced by total cost of services. Cost of services exclude research and development expenses and depreciation and amortization expense. Summarized financial information is shown in the following tables: Year Ended December 31, 2018 2017 Revenues (1,3) Argentina-discontinued operations $ 11,396,142 $ 19,553,584 United States 40,709,621 24,464,164 Total revenues $ 52,105,763 $ 44,017,748 Cost of services (1,2,3) Argentina-discontinued operations $ 13,932,740 24,934,757 United States 51,578,914 28,067,742 Total cost of services $ 65,511,654 $ 53,002,499 Gross margin (1,2) Argentina-discontinued operations $ (2,536,598 ) $ (5,381,173 ) United States (10,869,293 ) (3,603,578 ) Total gross margin $ (13,405,891 ) $ (8,984,751 ) Capital expenditures: Argentina-discontinued operations $ 2,846 $ 548,108 United States 9,831,034 34,805,359 Corporate and Other 1,040 25,974 Total capital expenditures $ 9,834,920 $ 35,379,441 Depreciation and amortization: Argentina-discontinued operations $ 4,909,382 $ 4,105,417 United States 14,087,347 2,593,145 Corporate and Other 1,275,564 1,330,685 Total depreciation and amortization $ 20,272,293 $ 8,029,247 Asset Impairment: Argentina-discontinued operations $ 4,427,564 $ — United States 28,803,756 — Total depreciation and amortization $ 33,231,320 $ — (1) U.S. activity began in February 2017 with start-up expenses being incurred. The Company began recognizing U.S. revenue in late May 2017. Intersegment transactions included in revenues were not significant for any of the periods presented. (2) Gross margin is defined as revenues less costs of services. Cost of services excludes selling, general and administrative expenses, research and development expenses and depreciation and amortization expense. (3) The Argentina segment has been reclassified into discontinued operations.

Assets Held for Sale-Discontinu

Assets Held for Sale-Discontinued Operations	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Assets Held for Sale-Discontinued Operations	17. Assets Held for Sale-Discontinued Operations As of December 31, 2018, the Company classified the assets and liabilities of our Argentina subsidiary as held for sale, and its operations as discontinued operations for the periods presented. This determination was based on its decision to seek buyers for the subsidiary or for the sale of its assets. The Company made the decision, having received a letter of intent during the fourth quarter of 2018 from a third party to purchase the subsidiary. The Company, as described in more detail below in Note 18 – Subsequent Events, signed an agreement with an unrelated third party to purchase significantly all of the subsidiary’s machinery and equipment assets. The Company will proceed to dissolve the subsidiary. Expected costs to dissolve the subsidiary are estimated to be approximately $900,000. As of December 31, 2018, the Company classified certain U.S. spare parts, equipment and machinery as held for sale based on the decision by the Company to seek buyers for and sell these assets. As described in more detail below in Note 18 – Subsequent Events, as of the date of this filing, has, subsequent to December 31, 2018, sold all the material equipment, inventory and other operating assets relating to our U.S. operations. Due to the classification of our Argentina subsidiary and certain assets of our U.S. operations, the Company reclassified their respective assets and liabilities from their respective financial lines on the Consolidated Balance Sheet as of December 31, 2018 to current assets and liabilities held for sale. The table below provides additional details related to the assets and liabilities of these reclassifications as of December 31, 2018 and 2017: December 31, 2018 Argentina Segment U.S. Operations Total Assets Cash and cash equivalents $ 19,166 $ — $ 19,166 Inventories, net 500,000 50,422 550,422 Prepaid expenses and other current assets 877,439 — 877,439 Property, plant and equipment 12,499,999 11,083,333 23,583,332 Total current assets held for sale $ 13,896,604 $ 11,133,755 $ 25,030,359 Liabilities Accounts payable $ 3,419,441 $ — $ 3,419,441 Accrued expenses and other current liabilities 1,274,487 — 1,274,487 Debt — 3,009,483 3,009,483 Total current liabilities held for sale $ 4,693,928 $ 3,009,483 $ 7,703,411 December 31, 2017 Argentina Segment U.S. Operations Total Assets Cash and cash equivalents $ 1,855,150 $ — $ 1,855,150 Accounts receivable, net 4,474,565 — 4,474,565 Inventories, net 2,083,030 1,616,215 3,699,245 Prepaid expenses and other current assets 4,197,306 — 4,197,306 Property, plant and equipment 20,639,500 44,184,766 64,824,266 Total current assets held for sale $ 33,249,551 $ 45,800,981 $ 79,050,532 Liabilities Accounts payable $ 5,282,490 $ — $ 5,282,490 Accrued expenses and other current liabilities 3,213,852 — 3,213,852 Debt 836,855 8,219,732 9,056,587 Total current liabilities held for sale $ 9,333,197 $ 8,219,732 $ 17,552,929 The table below provides additional details related to the discontinued operations as of December 31, 2018 and 2017: Years Ended December 31, 2018 2017 Revenues from discontinued operations $ 11,396,142 $ 19,553,584 Operating costs and expenses (29,114,064 ) (31,728,733 ) Operating loss (17,717,922 ) (12,175,149 ) Other expense (2,679,109 ) (594,523 ) Benefit for income taxes 16,375 633,529 Loss from discontinued operations $ (20,380,656 ) $ (12,136,143 )

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	18. Subsequent Events On January 24, 2019, the Company completed the disposition of certain of its U.S. equipment to an unrelated party in exchange for approximately $2.8 million of aggregate cash proceeds, before commissions and selling expenses. On February 21, 2019, the Company completed the disposition of certain of its U.S. equipment to an unrelated party in exchange for approximately $6.2 million of aggregate cash proceeds, before commissions and selling expenses. On March 14, 2019, the Company completed the disposition of certain of its U.S. equipment to an unrelated party in exchange for approximately $2.1 million of aggregate cash proceeds, before commissions and selling expenses. Net of commissions, the Company received approximately $16.8 million. In the U.S., as of the date of this filing, we have sold all the material equipment, inventory and other operating assets relating to our U.S. operations and terminated all field level employees. Following the consummation of the transactions contemplated below regarding Argentina, and upon the completion of shutting down operations in Argentina and the U.S., our intent is to shut down the Company in the foregoing months. On March 18, 2019, the Company signed an agreement with an unrelated third party to purchase significantly all of our equipment and machinery assets in Argentina. The transactions contemplated by this agreement are expected to close in phases during the second quarter of 2019. Following the consummation of the transactions contemplated by this agreement, the Company expects to shut down its operations in Argentina. On December 28, 2018, the Company received a determination letter from Nasdaq that the Company will be delisted pursuant to the Nasdaq Listing Rules. The Company determined not to appeal the determination and the quotation of the Company’s common stock moved to the “Pink Open Market” operated by the OTC Markets Group Inc. The common stock was subsequently delisted from Nasdaq due to the Company’s non-compliance with Nasdaq’s minimum bid price requirements. Specifically, the Nasdaq suspended trading in the Company’s common stock on Nasdaq, effective prior to the regular opening of the market on January 2, 2019. The Nasdaq subsequently filed a Notification of Removal from Listing and/or Registration on Form 25 with the Securities and Exchange Commission, or SEC, on February 26, 2019 to remove the common stock from listing on Nasdaq and withdraw the common stock from registration under Section 12(b) pursuant to Rule 12d2-2(b) of the Exchange Act. Pursuant to Rule 12d2-2(d)(1) of the Exchange Act, the application on Form 25 became effective with respect to the delisting of the common stock ten (10) days after the Form 25 was filed with the SEC. As disclosed previously in Form 8-K filed February 14, 2019, the Company has implemented a reverse stock split. The reverse stock split reduced the number of shareholders of record and allows the Company to deregister the common stock and reduce ongoing expenses with respect to filings under the Exchange Act. Those shareholders who, immediately following the reverse stock split, held only a fraction of a share of the Company’s common stock were paid, in lieu thereof, an amount in cash equal to $0.08 (on a post-split basis) times such fraction of a share and are no longer shareholders of the Company. The effects of this reverse stock split have been retroactively applied in this Form 10-K filing. After the filing of this Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and the filing of a Form 15 to suspend the Company’s reporting obligations under Section 15(d) of the Exchange Act, the Company will no longer be subject to certain provisions of the Exchange Act. In particular, the Company’s obligations to publicly file periodic and current reports with the SEC under Section 15(d) of the Exchange Act will be suspended.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation We consolidate all wholly-owned subsidiaries, controlled joint ventures and variable interest entities where the Company has determined it is the primary beneficiary. All material intercompany accounts and transactions have been eliminated in consolidation. Our wholly-owned subsidiaries include: Viking Rock Holding, AS (100%), Viking Rock, AS (100% owned), Cherokee Rock, Inc. (100% owned), EcoStim, Inc. (100% owned), and Eco-Stim Energy Solutions Argentina, SA (100% owned).
Going Concern	Going Concern Under Accounting Standards Update 2014-15, Presentation of Financial Statements-Going Concern, The Company has incurred substantial net losses and losses from operations since inception. As of December 31, 2018, the Company had cash and cash equivalents of approximately $3.7 million and working capital deficit of approximately $5.5 million. The Company does not have access to a working capital facility and may not have access to other sources of external capital on reasonable terms or at all. In September 2018, the Company elected to suspend its U.S. well stimulation operations and significantly reduce its U.S. workforce in alignment with potential near-term opportunities. As a result, beginning in the fourth quarter of 2018, the Company was only conducting pump down operations in the U.S. and the Company did not generate any material revenue from its U.S. operations in the fourth quarter of 2018, and as of May 10, 2019, has not generated any material revenue from its U.S. operations. In addition, the Company does not expect that its U.S. operations will generate any material revenue in future periods. In Argentina, the Company had been operating under a transition agreement with its primary customer since May 2018. Following the third quarter of 2018, the Company has not provided any services to its primary customer in Argentina under the transition agreement or otherwise, and the Company did not generate any significant revenue from its Argentina operations during the fourth quarter of 2018. As of December 31, 2018, the outstanding aggregate principal amount of the Company’s outstanding Negotiable Demand Promissory Note was approximately $7.9 million. If the Company’s obligations under the Negotiable Demand Promissory Note are accelerated pursuant to its terms, there can be no assurance that the Company will have sufficient funds to repay such obligations or the Company’s other obligations. Management’s plans to alleviate substantial doubt include: (i) pursuing the sale of a substantial majority of the equipment, inventory and other operating assets relating to the Company’s U.S. operations; (ii) using the proceeds from asset sales to reduce the Company’s outstanding liabilities and improve its liquidity; (iii) pursuing strategic alternatives, including alternatives for the Company’s operations in Argentina which could include selling, reducing the scale of, or shutting down the Company’s operations in Argentina; (iv) significantly reducing the Company’s U.S. workforce in alignment with potential near-term opportunities, which actions have been substantially implemented; (v) pursuing new work for the Company’s operations in Argentina; and (vi) taking other steps to reduce costs and liabilities. However, there can be no assurance as to the ultimate consummation, timing or amount of proceeds generated from any such asset sales or other actions. Based on the uncertainty of achieving these items and the significance of the factors described above, there is substantial doubt as to the Company’s ability to continue as a going concern for a period of 12 months following May 10, 2019.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Estimates are used in, but are not limited to, determining the following: allowance for doubtful accounts, recoverability of long-lived assets and intangibles, useful lives used in depreciation and amortization, income taxes and stock-based compensation. The accounting estimates used in the preparation of the consolidated financial statements may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. The Company maintains deposits in several financial institutions in both Argentina and the U.S. Funds held in the U.S. may at times exceed amounts covered by insurance provided by the U.S. Federal Deposit Insurance Corporation (“FDIC”). The Company has not experienced any losses related to amounts in excess of FDIC limits.
Revenue	Revenue The Company adopted Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers,” which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers, effective January 1, 2018, using the modified retrospective method. As there was no material impact on the Company’s current revenue recognition processes, no retrospective adjustments were necessary. Revenue is earned at a point in time when services are rendered, which is generally on a per stage basis for our well stimulation business or fixed daily rate for the Company’s coiled tubing operations. All revenue is recognized when a contract with a customer exists, the performance obligations under the contract have been satisfied, the amount to which the Company has the right to invoice has been determined and collectability of amounts subject to invoice is probable. The Company does not incur contract acquisition and origination costs. Taxes collected from customers and remitted to governmental authorities are accounted for on a net basis and, therefore, are excluded from revenues in the consolidated statements of operations and net cash provided by operating activities in the consolidated statements of cash flows. The Company has elected the practical expedient to recognize revenue based upon the transactional value it has the right to invoice upon completion of each performance obligation per the contract terms, as the Company believes its right to consideration corresponds directly with the value transferred to the customer, and this expedient does not lend itself to the application of significant judgment. As a result of electing these practical expedients, there was no material impact on the Company’s current revenue recognition processes and no retrospective adjustments were necessary. The Company’s obligations for refunds as well as the warranties and related obligations stated in its contracts with its customers are standard to the industry and are related to the correction of any defectiveness in the execution of its performance obligations. The Company expenses sales costs and any commissions when incurred as the amortization period would have been one year or less. Well Stimulation Revenue The Company has historically provided well stimulation services based on contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. Revenue is recognized upon completion of stimulation stages and includes the components of the services and the chemicals and proppants consumed while performing the well stimulation services. For our U.S. business, our performance obligations are defined as stages. In the case of our Argentina business, our performance obligations have been defined as stages plus specific defined services noted within the contract. For both businesses, customers are invoiced upon the completion of each job, which consist of multiple stimulation stages. Under term pricing agreement arrangements, customers commit to targeted utilization levels at agreed-upon pricing, but without termination penalties or obligations to pay for services not used by the customer. In addition, the agreed-upon pricing is typically subject to periodic review. Spot market basis arrangements are based on agreed-upon spot market rates. Coiled Tubing Revenue For our coiled tubing services, performance obligations are satisfied within a day, in line with day rates established by the contract. Jobs for these services are typically short term in nature, lasting anywhere from a few hours to a few days. Revenue is recognized upon completion of each job based upon a completed field ticket. The Company charges the customer for mobilization, services performed, personnel on the job, equipment used on the job, and miscellaneous consumables at agreed-upon spot market rates. Disaggregation of Revenue Revenue activities from continuing operations during twelve months ended December 31, 2018 and 2017, respectively were as follows: Year Ended December 31, 2018 2017 Revenues by service type: Well stimulation $ 40,709,621 $ 24,464,164 Total $ 40,709,621 $ 24,464,164 See also Item 8. Notes to Consolidated Financial Statements, Note 16: Segment Reporting Contract Balances In line with industry practice, the Company bills its customers for its services in arrears, typically when the stage or well is completed or at month-end. The majority of the Company’s jobs are completed in less than 14 days. Furthermore, it is currently not standard practice for the Company to execute contracts with prepayment features. As such, the Company’s contract liabilities with its customers are immaterial to its unaudited condensed consolidated balance sheets.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, other assets, accounts payable, accrued expenses, capital lease obligations and notes payable. The recorded values of cash and cash equivalents, accounts receivable, other assets, accounts payable, and accrued expenses approximate their fair values based on their short-term nature. The carrying value of capital lease obligations and notes payable approximate their fair value, and the interest rates approximate market rates.
Functional and Reporting Currency	Functional and Reporting Currency Items included in the financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The functional currency for the Norwegian and Argentine subsidiaries is the U.S. Dollar. The consolidated financial statements are presented in U.S. Dollars, which is the Company’s reporting currency.
Net Loss Per Common Share	Net Loss per Common Share For the twelve months ended December 31, 2018 and 2017, the weighted average shares outstanding excluded shares of common stock issuable upon the exercise of certain stock options and shares of common stock issuable upon the conversion of outstanding shares of Series A Preferred totaling 3,303,721 and 401,393, respectively, from the calculation of diluted earnings per share because these shares would be anti-dilutive. As of June 20, 2017, the Company’s convertible debt was converted into common stock at $1.40 per share and therefore the Company no longer has any convertible debt outstanding. Anti-dilutive warrants of 25,000 for each of the twelve months ended December 31, 2018 and 2017 were also excluded from the weighted average share outstanding calculation.
Accounts Receivable	Accounts Receivable Accounts receivable are stated at amounts management expects to collect from outstanding balances both billed and unbilled (unbilled accounts receivable represents amounts recognized as revenue for which invoices have not yet been sent to clients). Management provides for probable uncollectible amounts through a charge to earnings and a credit to a valuation allowance based on its assessment of the current status of individual accounts. The Company evaluated all accounts receivable and determined that an allowance for doubtful accounts was necessary at December 31, 2018, but that no allowance was needed at December 31, 2017. The allowance for doubtful accounts was deemed necessary at December 31, 2018 due to the aging of our Argentina unbilled accounts receivable of $2.1 million being greater than 120 days placing into question our ability to collect on these amounts.
Prepaids and Other Assets	Prepaids and Other Assets Prepaid expenses and other assets are primarily comprised of U.S. prepaid vehicle registration fees.
Property, Plant and Equipment	Property, Plant and Equipment Property, Plant and Equipment (“PPE”) is stated at historical cost less depreciation. Historical cost includes expenditures that are directly attributable to the acquisition of the items. Depreciation is computed using the straight-line method over the estimated useful lives of the assets for financial reporting purposes. Expenditures for major renewals and betterments that extend the useful lives are capitalized. Expenditures for normal maintenance and repairs are expensed as incurred. The cost of assets sold or abandoned, and the related accumulated depreciation are eliminated from the accounts and any gains or losses are reflected in the accompanying consolidated statements of operations for the respective period. The estimated useful lives of our major classes of PPE are as follows: Major Classes of PPE Estimated Useful Lives Machinery and equipment 2-7 years Vehicles 5 years Leasehold improvements 5 years (or the life of the lease) Furniture and office equipment 3-5 years In September 2018, we sold certain of our non-core U.S. equipment for $2.9 million, recognizing a gain of $0.3 million. The proceeds were used to fund the general operations of the business. During the fourth quarter of 2018, we sold approximately $5.7 million of plant and equipment and recognized a gain of approximately $0.9 million.
Leases	Leases The Company leased certain equipment under lease agreements. The Company evaluates each lease to determine its appropriate classification as an operating or capital lease for financial reporting purposes. Any lease that does not meet the criteria for a capital lease is accounted for as an operating lease. The assets and liabilities under capital leases are recorded at the lower of the present value of the minimum lease payments or the fair market value of the related assets. Assets under capital leases are amortized using the straight-line method over the lease term. Amortization of assets under capital leases is included in depreciation expense.
Stock-based Compensation	Stock-Based Compensation The Company accounts for its stock options, warrants, and restricted stock grants under the fair value recognition provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718. The Company currently uses the straight-line amortization method for recognizing stock option and restricted stock compensation costs. The measurement and recognition of compensation expense for all share-based payment awards made to our employees, directors or outside service providers are based on the estimated fair value of the awards on the grant dates. The grant date fair value is estimated using either an option-pricing model which is consistent with the terms of the award or a market observed price, if such a price exists. Such cost is recognized over the period during which an employee, director or outside service provider is required to provide service in exchange for the award, i.e., “the requisite service period” (which is usually the vesting period). The Company also estimates the number of instruments that will ultimately be earned, rather than accounting for forfeitures as they occur. For the years December 31, 2018 and 2017, the Company recorded $2,977,423 and $1,754,706, respectively, of stock-based compensation, which is included in cost of services, and selling, general and administrative expense, in the statement of operations. Total unamortized stock-based compensation expense at December 31, 2018 was $1,432,391 compared to $3,247,370 at December 31, 2017.
Impairment of Long-lived Assets	Impairment of Long-Lived Assets The Company reviews its long-lived assets for impairment when changes in circumstances indicate that the carrying amount of an asset may not be recoverable. ASC Topic 360 requires the Company to review long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset or group of assets may not be recoverable. The impairment review includes a comparison of future cash flows expected to be generated by the asset or group of assets with their associated carrying value. If the carrying value of the asset or group of assets exceeds expected cash flows (undiscounted and without interest charges), an impairment loss is recognized to the extent that the carrying value exceeds the fair value. If estimated future cash flows are not achieved with respect to long-lived assets, additional write-downs may be required. During 2017, the Company evaluated its long-lived assets for impairment and determined no impairment was necessary. During the second quarter of 2018, the Company concluded it had a triggering event requiring assessment of impairment for certain of its long-lived assets in conjunction with our decision to move from providing services operating two well stimulation fleets in the U.S. to providing a single well stimulation fleet in the U.S. providing pumping services to a single customer. As a result, crew and staff reductions were taken. Further, the Company reviewed the long-lived assets for impairment and recorded a $3.7 million impairment expense. The full amount is related to our U.S. segment. The impairment was measured using the market approach utilizing an appraisal to determine fair value of the impaired assets. During the third quarter of 2018, the Company concluded it had a triggering event requiring assessment of impairment for certain of its long-lived assets in conjunction with our decision to pursue the sale of a substantial majority of our U.S. equipment and suspension of its U.S. well stimulation operations. The Company reviewed the long-lived assets for impairment and recorded a $19.7 million impairment expense. The full amount is related to our U.S. segment. The impairment was measured using the market approach utilizing current bid values being obtained for the assets. During the fourth quarter of 2018, the Company concluded it had a triggering event requiring assessment of impairment for certain of its long-lived assets in conjunction with our decision to pursue the sale of a substantial majority of our U.S. equipment and suspension of our U.S. well stimulation operations, as well as our decision in Argentina to seek opportunities for sale of our assets or business. The Company recorded a loss on impairment during the fourth quarter of 2018 of $5.5 million and $4.4 million (included in discontinued operations) in our U.S. and Argentina segments, respectively. The impairments were measured using the market approach utilizing current net realizable values received in the sale of the assets subsequent to December 31, 2018.
Major Customers and Concentration of Credit Risk	Major Customers and Concentration of Credit Risk The majority of the Company’s business from inception through the first quarter of 2017 was conducted with major and independent oil and natural gas companies in Argentina. For the twelve months ending December 31, 2018, 78% or $40.7 million and 22% or $11.4 million of our revenue is from the U.S. and Argentina, respectively. The Company evaluates the financial strength of its customers and provides allowances for probable credit losses when deemed necessary. The Company has historically derived a large amount of revenue from a small number of national and independent oil and natural gas companies. At December 31, 2018, the Company had a concentration of receivables with two customers. For the twelve months ended December 31, 2018 and 2017, two major customers accounted for approximately 97% and 74% of our services revenue, respectively. Our accounts receivable at December 31, 2018 and 2017 were concentrated with two major customers representing 88% and 78%, respectively. The Company did not generate any material revenue from these customers following the third quarter of 2018.
Income Taxes	Income Taxes Deferred income taxes are determined using the asset and liability method in accordance with ASC Topic 740. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income taxes are measured using enacted tax rates expected to apply to taxable income in years in which such temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred income taxes is recognized in the consolidated statement of operations of the period that includes the enactment date. In addition, a valuation allowance is established to reduce any deferred tax asset for which it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized. The Company is subject to U.S. federal and foreign income taxes along with state income and franchise taxes in Texas and Oklahoma. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination.
Recently Issued and Adopted Accounting Guidance	Recently Issued and Adopted Accounting Guidance In May 2017, the FASB issued ASU No. 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting, which clarifies when modification accounting should be applied for changes to terms or conditions of a share-based payment award. This ASU is applied prospectively and is effective for fiscal years beginning after December 15, 2017, and interim periods within those years, with early adoption permitted. We adopted ASU 2017-09 in the first quarter of 2018, with such adoption having no material impact on the accompanying condensed consolidated financial statements. In May 2014, FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which replaced most existing revenue recognition guidance in U.S. GAAP when it became effective. This new standard requires us to recognize the amount of revenue to which we expect to be entitled for the transfer of promised goods or services to customers. We adopted the new standard using the modified retrospective application in the first quarter of 2018, with such adoption having no impact on the accompanying condensed consolidated financial statements and no cumulative effect adjustment was recognized.
Accounting Guidance Issued but Not Adopted as of December 31, 2018	Accounting Guidance Issued But Not Adopted as of December 31, 2018 On February 25, 2016, the FASB issued ASU 2016-02 Leases (Topic 842), which requires an entity to recognize assets and liabilities arising from a lease for both financing and operating leases. ASU 2016-02 will also require new qualitative and quantitative disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating the effect this standard will have on its future condensed consolidated financial statements and related disclosures but does not expect adoption of have a material impact.

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of Revenue Activities	Revenue activities from continuing operations during twelve months ended December 31, 2018 and 2017, respectively were as follows: Year Ended December 31, 2018 2017 Revenues by service type: Well stimulation $ 40,709,621 $ 24,464,164 Total $ 40,709,621 $ 24,464,164
Schedule of Estimated Useful Lives of Property, Plant and Equipment	The estimated useful lives of our major classes of PPE are as follows: Major Classes of PPE Estimated Useful Lives Machinery and equipment 2-7 years Vehicles 5 years Leasehold improvements 5 years (or the life of the lease) Furniture and office equipment 3-5 years

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable by category were as follows: December 31, 2018 December 31, 2017 Billed $ 116,314 $ 2,218,227 Unbilled 66,150 3,474,252 Total accounts receivable $ 182,464 $ 5,692,479

Prepaids (Tables)

Prepaids (Tables)	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Summary of Prepaids by Category	Prepaid by category were as follows: December 31, 2018 December 31, 2017 Prepaid insurance $ — $ 10,866 Prepaid other vendors and vehicle registrations 81,459 688,284 Total prepaid $ 81,459 $ 699,150

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	December 31, 2018 December 31, 2017 Deposits $ 50,130 $ 200,846 Other current assets 19,105 53,608 Total other current assets $ 69,235 $ 254,454

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consists of the following: December 31, 2018 December 31, 2017 Machinery & equipment $ 3,982,112 $ 11,961,470 Less accumulated depreciation (1,932,112 ) (960,197 ) Property, plant and equipment, net $ 2,050,000 $ 11,001,273

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses consist of the following: December 31, 2018 December 31, 2017 Accrued salaries $ 141,573 $ 502,994 Accrued accounts payable trade expenses 2,252,171 365,866 Accrued bonuses 121,483 524,000 Accrued sales tax 37,441 — Accrued dividends 900,000 — Accrued unused paid time off 199,324 214,062 Accrued interest 108,143 — Total accrued expenses $ 3,760,135 $ 1,606,922

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Debt Obligation	The carrying values of our debt obligations as of December 31, 2018 and 2017 were as follows: December 31, 2018 December 31, 2017 Short Term Long Term Short Term Long Term Demand Note $ 7,916,188 $ — $ — $ — Total $ 7,916,188 $ — $ — $ —

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Schedule of Fair Value Assumption of Warrants	The estimated fair value of the warrants at issuance was approximately $0.3 million and was calculated using the Black-Scholes method with the following weighted average assumptions being used. Volatility 75 % Expected lives years 2.88 Expected dividend yield — Risk free rates 0.12 %

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Option Activity	A summary of the Company’s stock option activity for the years ended December 31, 2018 and 2017 is presented below: Awards Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Options outstanding at December 31, 2016 239,428 $ 5.20 7.44 Granted 1,062,242 1.84 Exercised — — Forfeited (35,420 ) 5.18 Options outstanding at December 31, 2017 1,266,250 $ 2.38 8.26 Granted — — Exercised — — Forfeited (132,762 ) 1.25 Options outstanding at December 31, 2018 1,133,488 1.75 8.14 Options exercisable at December 31, 2018 934,156 2.47 7.69
Schedule of Fair Value of Option Award	The following table presents the assumptions used in determining the fair value of option awards for the year ended December 31, 2018: 2018 Weighted average grant date fair value per share of awards granted $ 0.76 Significant fair value assumptions: Expected term (in years) 5.75 Volatility 52.54 % Risk-free interest rate 0.03 % Expected dividends —
Summary of Award Activity Under Restricted Stock Plan	A summary of award activity under the Plan for the years ended December 31, 2018 and 2017 is presented below: Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2016 54,187 Granted 276,025 1.42 Vested (83,875 ) Non-vested at December 31, 2017 246,337 Granted 600,397 0.76 Vested (220,710 ) Expired (154,844 ) Non-vested at December 31, 2018 471,180

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Operating Leases	The Company’s operating leases correspond to facilities and office space in the United States. The operating leases also correspond to operational equipment utilized by the Company’s U.S. operations. The future minimum lease payments as of December 31, 2018 are as follows: Operating Leases 2019 $ 308,928 2020 — Thereafter — Total $ 308,928

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax (Provision)	The components of the expense for income taxes are as follows for the years ended December 31, 2018 and 2017: For the year ended December 31, 2018 2017 Current $ $ Federal — — State — — Foreign — (633,530 ) Total $ — $ (633,530 ) Deferred $ — $ — Federal — — State — — Foreign — — Total $ — $ — Total income tax provision $ — $ (633,530 )
Schedule of Effective Income Taxes Rate	The effective tax rate is reconciled to the U.S. federal statutory rate as follows as of December 31, 2018 and 2017, respectively: For the year ended December 31, 2018 2017 Income tax benefit at the applicable federal rate (21% for 2018; 34% for 2017) $ (18,451,302 ) $ (9,377,343 ) Permanent difference 115,723 348,212 Change in valuation allowance 23,775,367 (3,365,898 ) Deferred true-up (3,192,297 ) 1,785,761 Remeasurement of deferred taxes for tax law change 121,471 7,813,999 Currency exchange rate change 2,342,681 2,809,109 Foreign rate differential (1,594,237 ) 3,160 Employee Retention credit (3,117,406 ) (17,000 ) Withholding tax — (633,530 ) Income tax expense (benefit) $ — $ (633,530 )
Schedule of Deferred Income Tax Assets	The tax effects of the temporary differences between financial statement income and taxable income are recognized as deferred tax assets and liabilities. Significant components of the deferred tax assets and liabilities as of December 31, 2018 and 2017 respectively are as follows: December 31, 2018 December 31, 2017 Deferred assets Stock-based compensation $ 816,273 $ 376,224 Accrued vacation 51,306 54,335 Accrued bonus 31,270 235,297 Interest limitation 519,149 226,664 Bad debt allowance 692,266 — Employee retention credit — 17,000 R&D credit 46,497 46,497 Other accruals 60,298 118,500 Intangible assets 1,630 1,396 Net operating loss carryforward 29,324,272 19,283,115 Total deferred tax assets $ 31,542,961 $ 20,359,028 Deferred liability Prepaids — (2,758 ) Property, plant and equipment 6,194,220 (6,394,456 ) Total deferred tax liabilities $ 6,194,220 $ (6,397,214 ) Net deferred tax asset 37,737,181 13,961,814 Valuation allowance (37,737,181 ) (13,961,814 ) Total net deferred tax assets $ — $ —
Summary of Loss Carryforwards Expiration Year	The loss carryforwards expire as follows: Expiration year Amount 2019 $ 179,117 2020 395,023 2021 1,188,455 2022 2,546,339 2023 and forward 109,973,037 Total $ 114,281,971

Quarterly Financial Data (Una_2

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Quarterly Financial Data	Summarized quarterly financial data for the years ended December 31, 2018 and 2017 are presented below. Quarter Ended March 2018 June 2018 September 2018 December 2018 Revenue $ 12,683,226 $ 15,015,646 $ 12,503,599 $ 507,150 Operating loss (9,746,075 ) (12,890,473 ) (30,050,053 ) (12,840,169 ) Loss before income taxes (10,188,758 ) (13,525,627 ) (32,956,848 ) (10,815,182 ) Net loss from continuing operations (10,188,758 ) (13,525,627 ) (32,953,863 ) (10,818,167 ) Basic and diluted loss per share-continued operations $ (0.14 ) $ (0.18 ) $ (0.44 ) $ (0.14 ) Net loss from discontinued operations (2,671,759 ) (3,050,835 ) (2,244,834 ) (12,413,228 ) Basic and diluted loss per share – discontinued operations $ (0.04 ) $ (0.04 ) $ (0.03 ) $ (0.16 ) Quarter Ended March 2017 June 2017 September 2017 December 2017 Revenue $ — $ 3,092,722 $ 7.369.376 $ 14,002,066 Operating loss (1,599,912 ) (3,396,262 ) (3.263.783 ) (5,477,113 ) Loss before income taxes (3,115,954 ) (2,823,964 ) (3.258.841 ) (5,611,975 ) Net loss from continuing operations (3,115,954 ) (2,823,964 ) (3.258.841 ) (5,611,975 ) Basic and diluted loss per share-continued operations $ (0.21 ) $ (0.16 ) $ (0.05 ) $ (0.08 ) Net loss from discontinued operations (1,913,072 ) (3,323,870 ) (3,381,221 ) (3,517,980 ) Basic and diluted loss per share – discontinued operations $ (0.13 ) $ (0.19 ) $ (0.05 ) $ (0.05 )

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Revenue from Geographically Classified Segments	Summarized financial information is shown in the following tables: Year Ended December 31, 2018 2017 Revenues (1,3) Argentina-discontinued operations $ 11,396,142 $ 19,553,584 United States 40,709,621 24,464,164 Total revenues $ 52,105,763 $ 44,017,748 Cost of services (1,2,3) Argentina-discontinued operations $ 13,932,740 24,934,757 United States 51,578,914 28,067,742 Total cost of services $ 65,511,654 $ 53,002,499 Gross margin (1,2) Argentina-discontinued operations $ (2,536,598 ) $ (5,381,173 ) United States (10,869,293 ) (3,603,578 ) Total gross margin $ (13,405,891 ) $ (8,984,751 ) Capital expenditures: Argentina-discontinued operations $ 2,846 $ 548,108 United States 9,831,034 34,805,359 Corporate and Other 1,040 25,974 Total capital expenditures $ 9,834,920 $ 35,379,441 Depreciation and amortization: Argentina-discontinued operations $ 4,909,382 $ 4,105,417 United States 14,087,347 2,593,145 Corporate and Other 1,275,564 1,330,685 Total depreciation and amortization $ 20,272,293 $ 8,029,247 Asset Impairment: Argentina-discontinued operations $ 4,427,564 $ — United States 28,803,756 — Total depreciation and amortization $ 33,231,320 $ — (1) U.S. activity began in February 2017 with start-up expenses being incurred. The Company began recognizing U.S. revenue in late May 2017. Intersegment transactions included in revenues were not significant for any of the periods presented. (2) Gross margin is defined as revenues less costs of services. Cost of services excludes selling, general and administrative expenses, research and development expenses and depreciation and amortization expense. (3) The Argentina segment has been reclassified into discontinued operations.

Assets Held for Sale-Disconti_2

Assets Held for Sale-Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	The table below provides additional details related to the assets and liabilities of these reclassifications as of December 31, 2018 and 2017: December 31, 2018 Argentina Segment U.S. Operations Total Assets Cash and cash equivalents $ 19,166 $ — $ 19,166 Inventories, net 500,000 50,422 550,422 Prepaid expenses and other current assets 877,439 — 877,439 Property, plant and equipment 12,499,999 11,083,333 23,583,332 Total current assets held for sale $ 13,896,604 $ 11,133,755 $ 25,030,359 Liabilities Accounts payable $ 3,419,441 $ — $ 3,419,441 Accrued expenses and other current liabilities 1,274,487 — 1,274,487 Debt — 3,009,483 3,009,483 Total current liabilities held for sale $ 4,693,928 $ 3,009,483 $ 7,703,411 December 31, 2017 Argentina Segment U.S. Operations Total Assets Cash and cash equivalents $ 1,855,150 $ — $ 1,855,150 Accounts receivable, net 4,474,565 — 4,474,565 Inventories, net 2,083,030 1,616,215 3,699,245 Prepaid expenses and other current assets 4,197,306 — 4,197,306 Property, plant and equipment 20,639,500 44,184,766 64,824,266 Total current assets held for sale $ 33,249,551 $ 45,800,981 $ 79,050,532 Liabilities Accounts payable $ 5,282,490 $ — $ 5,282,490 Accrued expenses and other current liabilities 3,213,852 — 3,213,852 Debt 836,855 8,219,732 9,056,587 Total current liabilities held for sale $ 9,333,197 $ 8,219,732 $ 17,552,929 The table below provides additional details related to the discontinued operations as of December 31, 2018 and 2017: Years Ended December 31, 2018 2017 Revenues from discontinued operations $ 11,396,142 $ 19,553,584 Operating costs and expenses (29,114,064 ) (31,728,733 ) Operating loss (17,717,922 ) (12,175,149 ) Other expense (2,679,109 ) (594,523 ) Benefit for income taxes 16,375 633,529 Loss from discontinued operations $ (20,380,656 ) $ (12,136,143 )

Nature of Business (Details Nar

Nature of Business (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Proceeds from sale of equiment	$ 2,900,000	$ 5,700,000	$ 8,635,788
January 24, 2019 [Member]
Proceeds from sale of equiment			2,800,000
February 21, 2019 [Member]
Proceeds from sale of equiment			6,200,000
March 14, 2019 [Member]
Proceeds from sale of equiment			2,100,000
Proceeds from sale of equiment, net of commissions			$ 16,800,000

Basis of Presentation and Sig_4

Basis of Presentation and Significant Accounting Policies (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended			12 Months Ended
	Sep. 30, 2018	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Jun. 20, 2017	Dec. 31, 2016
Cash and cash equivalents		$ 3,741,627			$ 3,741,627	$ 6,970,926		$ 504,661
Working capital deficit		5,500,000			5,500,000
Debt instrument principal amount		7,900,000			7,900,000
Unbilled accounts receivable		2,100,000			2,100,000
Proceeds from sale of equipment	$ 2,900,000	5,700,000			8,635,788
Gain on sale of equipment	$ 300,000	900,000			1,257,273
Stock based compensation					2,977,423	1,754,706
Unamortized stock based compensation		1,432,391			1,432,391	3,247,370
Impairment of fixed assets			$ 19,700,000	$ 3,700,000	$ 28,803,756
Percentage on tax benefit likely of being realized upon settlement with the applicable taxing authority					more than 50%
Services Revenue [Member] | Two Major Customers [Member]
Percentage of concentration of credit risk					97.00%	74.00%
Accounts Receivable [Member] | Two Major Customers [Member]
Percentage of concentration of credit risk					88.00%	78.00%
United States [Member]
Unbilled accounts receivable		66,150			$ 66,150
Impairment of fixed assets					$ 28,803,756
Loss on impairment		5,500,000
Percentage of concentration of credit risk					78.00%
Concentration of credit risk, amount		40,700,000			$ 40,700,000
Argentina [Member]
Impairment of fixed assets					$ 4,427,564
Loss on impairment		4,400,000
Percentage of concentration of credit risk					22.00%
Concentration of credit risk, amount		$ 11,400,000			$ 11,400,000
Warrant [Member]
Anti-dilutive securities					25,000	25,000
Convertion of Series A Preferred [Member]
Anti-dilutive securities					3,303,721	401,393
Debt conversion price per share							$ 1.40
Viking Rock Holding, AS [Member]
Ownership percentage		100.00%			100.00%
Viking Rock, AS [Member]
Ownership percentage		100.00%			100.00%
Cherokee Rock, Inc. [Member]
Ownership percentage		100.00%			100.00%
EcoStim, Inc. [Member]
Ownership percentage		100.00%			100.00%
EcoStim Energy Solutions Argentina, SA [Member]
Ownership percentage		100.00%			100.00%

Basis of Presentation and Sig_5

Basis of Presentation and Significant Accounting Policies - Schedule of Revenue Activities (Details) - USD ($)

3 Months Ended

12 Months Ended

Dec. 31, 2018

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Dec. 31, 2017

Sep. 30, 2017

Jun. 30, 2017

Mar. 31, 2017

Dec. 31, 2018

Dec. 31, 2017

Total revenue

$ 507,150

$ 12,503,599

$ 15,015,646

$ 12,683,226

$ 14,002,066

$ 7,369,376

$ 3,092,722

$ 40,709,621

[1],[2]

$ 24,464,164

[1],[2]

Well Stimulation [Member]

Total revenue

$ 40,709,621

$ 24,464,164

[1]

The Argentina segment has been reclassified into discontinued operations.

[2]

U.S. activity began in February 2017 with start-up expenses being incurred. The Company began recognizing U.S. revenue in late May 2017. Intersegment transactions included in revenues were not significant for any of the periods presented.

Basis of Presentation and Sig_6

Basis of Presentation and Significant Accounting Policies - Schedule of Estimated Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2018
Machinery and Equipment [Member] | Minimum [Member]
Equipment useful live	2 years
Machinery and Equipment [Member] | Maximum [Member]
Equipment useful live	7 years
Vehicles [Member]
Equipment useful live	5 years
Leasehold Improvements [Member]
Equipment useful live	5 years
Furniture and Office Equipment [Member] | Minimum [Member]
Equipment useful live	3 years
Furniture and Office Equipment [Member] | Maximum [Member]
Equipment useful live	5 years

Accounts Receivable (Details Na

Accounts Receivable (Details Narrative) - USD ($)	Oct. 19, 2018	Feb. 08, 2018	Dec. 31, 2018
Unbilled accounts receivable			$ 2,100,000
Total face amount of outstanding			7,900,000
Recourse Receivables Purchase & Security Agreement [Member]
Percentage of face amount of applicable at time of sale accounts receivable		80.00%
Percentage of remaining face amount applicable fees and interest charges		20.00%
Total face amount of outstanding		$ 5,000,000
Debt interest rate		8.25%
Event of default amount		$ 1,800,000
Minimum term fee	$ 200,000
Recourse Receivables Purchase & Security Agreement [Member] | Maximum [Member]
Total face amount of outstanding		$ 12,500,000
United States [Member]
Unbilled accounts receivable			$ 66,150

Accounts Receivable - Schedule

Accounts Receivable - Schedule of Accounts Receivable (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Accounts receivable	$ 182,464	$ 5,692,479
Billed [Member]
Accounts receivable	116,314	2,218,227
Unbilled [Member]
Accounts receivable	$ 66,150	$ 3,474,252

Prepaids - Summary of Prepaids

Prepaids - Summary of Prepaids by Category (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid insurance		$ 10,866
Prepaid other vendors and vehicle registrations	81,459	688,284
Total prepaid	$ 81,459	$ 699,150

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deposits	$ 50,130	$ 200,846
Other current assets	19,105	53,608
Total other current assets	$ 69,235	$ 254,454

Property, Plant and Equipment_2

Property, Plant and Equipment (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)
Property, Plant and Equipment [Abstract]
Depreciation	$ 14,200,000

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Machinery & equipment	$ 3,982,112	$ 11,961,470
Less accumulated depreciation	(1,932,112)	(960,197)
Property, plant and equipment, net	$ 2,050,000	$ 11,001,273

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Accrued salaries	$ 141,573	$ 502,994
Accrued accounts payable trade expenses	2,252,171	365,866
Accrued bonuses	121,483	524,000
Accrued sales tax	37,441
Accrued dividends	900,000
Accrued unused paid time off	199,324	214,062
Accrued interest	108,143
Total accrued expenses	$ 3,760,135	$ 1,606,922

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)	Aug. 16, 2018	Jun. 08, 2018	Jun. 20, 2017	Jun. 15, 2017	Mar. 03, 2017	Dec. 31, 2018	Dec. 31, 2017
Debt face amount						$ 7,900,000
Accrued interest						$ 108,143
Common stock outstanding						18,844,472	18,644,474
Common stock, par value						$ 0.001	$ 0.001
Debt converted shares of common stock			29,500,000
Negotiable Demand Promissory Note [Member]
Debt face amount		$ 15,000,000
Proceeds from issuance of debt, gross	$ 3,000,000	5,500,000
Proceeds from issuance of debt, net	$ 2,970,000	$ 5,100,000
Debt instrument interest rate		10.00%
Debt instrument interest rate, description		Interest on the unpaid principal balance of the Note accrues at an annual rate of 10%, subject to a default interest rate of 14.00% or 24.00%, depending on the payment date following the occurrence of a default.
Percentage on prepayment premium		4.00%
Negotiable Demand Promissory Note [Member] | Maximum [Member]
Prepayment of premium on note		$ 1,000,000
ACM Note [Member]
Debt face amount					$ 2,400,000
Debt instrument interest rate					20.00%
Debt maturity date					May 28, 2018
U.S. Subsidiaries [Member]
Percentage on equity ownership						100.00%
Non-U.S. Subsidiaries [Member]
Percentage on equity ownership						65.00%
Fir Tree [Member] | Convertible Debt [Member]
Debt face amount					$ 22,000,000
Debt instrument interest rate					14.00%
Debt instrument period					2018
Common stock outstanding					2,030,436
Common stock, par value					$ 0.001
Convertible notes payable					$ 41,400,000
Debt instruments conversion price per share					$ 1.40
Debt converted shares of common stock				29,500,000
Fir Tree [Member] | New Convertible Note [Member]
Debt face amount					$ 19,400,000
Fir Tree [Member] | Convertible Note One [Member]
Debt face amount					$ 17,000,000

Debt - Schedule of Debt Obligat

Debt - Schedule of Debt Obligation (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Short term, total	$ 7,916,188
Long term, total
Demand Note [Member]
Short term, total	7,916,188
Long term, total

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)	Apr. 02, 2018	Mar. 29, 2018	Aug. 08, 2017	Jul. 06, 2017	Dec. 31, 2018	Dec. 31, 2013	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2015
Preferred stock, shares authorized					50,000,000		50,000,000	50,000,000
Preferred stock, par value					$ 0.001		$ 0.001	$ 0.001
Common stock, shares authorized					200,000,000		200,000,000	200,000,000
Common stock, par value					$ 0.001		$ 0.001	$ 0.001
Common stock, shares issued					18,849,935		18,849,935	18,649,937
Common stock, shares outstanding					18,844,472		18,844,472	18,644,474
Gross proceed from common stock issuances								$ 41,624,402
Gross proceeds from issuance of stock							$ 9,702,793
Treasury stock, shares					5,462		5,462	5,462
Treasury stock cost					$ 57,469		$ 57,469	$ 57,469
Repurchased treasury stock
Issuance of common stock warrants						25,000
Issuance common stock warrants, exercise price per share						$ 7		$ 7
Warrants expire period						5 years
Warrants exercised term						Exercised on a one for one basis starting July 1, 2014.
Fair value issuance of warrants							$ 300,000
Issuance of Additional Shares of Series A Preferred Shares [Member]
Preferred stock dividend rate percentage		12.00%
Private Placement [Member]
Gross proceed from common stock issuances			$ 28,000,000	$ 15,000,000
Net proceeds from issuance of offering			$ 26,700,000	$ 14,900,000
Issuance of common stock, shares			19,580,420	10,000,000
Shares issued price per share			$ 1.43	$ 1.50
Private Placement [Member] | Securities Purchase Agreement [Member]
Issuance of common stock, shares				10,000,000
Series A Convertible Preferred Stock [Member]
Preferred stock, shares authorized					30,000		30,000	30,000
Preferred stock, shares issued					10,600		10,600
Preferred stock, shares outstanding					10,600		10,600
Net proceeds from issuance of offering	$ 9,700,000
Gross proceeds from issuance of stock	$ 10,000,000
Preferred stock dividend rate percentage		10.00%
Number of preferred stock issued for dividend					600
Series A Convertible Preferred Stock [Member] | Securities Purchase Agreement [Member]
Preferred stock, par value		$ 1,000
Issuance of common stock, shares		10,000
Shares issued price per share		$ 1,000
Preferred stock convertible into common stock, conversion price per share		$ 1.15
Description on redemption of shares		The Company may redeem shares of Series A Preferred at any time in cash at a price per share equal to the greater of (i) the Stated Value plus any accrued and unpaid dividends thereon and (ii) the product of 1.5 times the Stated Value.
February 2019 [Member]
Reverse stock split							4:1 reverse stock split
Reverse stock split post split basis, description							Those shareholders who, immediately following the reverse stock split, held only a fraction of a share of the Company’s common stock were paid, in lieu thereof, an amount in cash equal to $0.08 (on a post-split basis) times such fraction of a share and are no longer shareholders of the Company.
December 16, 2015 through December 16, 2017 [Member]
Number of treasury common stock outstanding value									$ 5,000,000

Equity - Schedule of Fair Value

Equity - Schedule of Fair Value Assumption of Warrants (Details)	12 Months Ended
	Dec. 31, 2018USD ($)
Volatility	52.54%
Expected lives years	5 years 9 months
Expected dividend yield
Risk free rates	0.03%
Warrant [Member]
Volatility	75.00%
Expected lives years	2 years 10 months 17 days
Expected dividend yield
Risk free rates	0.12%

Employee Benefit Plan (Details

Employee Benefit Plan (Details Narrative) - USD ($)	Jan. 01, 2012	Dec. 31, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Defined contribution plan, plan name	401(k) plan
Percentage of company contribution on employee plan		5.00%
Contribution by the company		$ 284,582	$ 326,683

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jun. 20, 2018	Jun. 15, 2017
Stock-based compensation	$ 2,977,423	$ 1,754,706
Unamortized stock based compensation expense	$ 1,432,391	$ 3,247,370
Stock option expiration term	10 years
Percentage of fair market value of shares granted	110.00%
Weighted average exercise price, outstanding	$ 2.47
Stock option exercised
Stock option intrinsic value	$ 1,545
Minimum [Member]
Stock option vest term	2 years	4 years
Weighted average exercise price, outstanding	$ 0.33
Maximum [Member]
Weighted average exercise price, outstanding	$ 7
2013 Stock Incentive Plan [Member]
Number of shares authorized to be issued	1,000,000
Number of shares available for grant under the plan	256,991
2014 Stock Incentive Plan [Member]
Number of shares authorized to be issued	700,000
2015 Stock Incentive Plan [Member]
Number of shares authorized to be issued	1,700,000
Number of shares available for grant under the plan	2,075,686		3,000,000	5,000,000
2015 Stock Incentive Plan [Member] | Minimum [Member]
Number of shares available for grant under the plan			6,200,000	1,200,000
2015 Stock Incentive Plan [Member] | Maximum [Member]
Number of shares available for grant under the plan			9,200,000	6,200,000

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Options Outstanding, Beginning balance	1,266,250	239,428
Number of Options, Granted		1,062,242
Number of Options, Exercised
Number of Options, Forfeited	(132,762)	(35,420)
Number of Options Outstanding, Ending balance	1,133,488	1,266,250
Number of Options Exercisable	934,156
Weighted Average Exercise Price, Outstanding, Beginning	$ 2.38	$ 5.20
Weighted Average Exercise Price, Granted		1.84
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited	1.25	5.18
Weighted Average Exercise Price, Outstanding, Ending	1.75	$ 2.38
Weighted Average Exercise Price, Exercisable	$ 2.47
Weighted Average Remaining Contractual Terms Options outstanding, Beginning	8 years 3 months 4 days	7 years 5 months 9 days
Weighted Average Remaining Contractual Terms Options outstanding, Ending	8 years 1 month 20 days	8 years 3 months 4 days
Weighted Average Remaining Contractual Terms Options exercisable, Ending	7 years 8 months 9 days

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Fair Value of Option Award (Details)	12 Months Ended
	Dec. 31, 2018USD ($)$ / shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted average grant date fair value per share of awards granted | $ / shares	$ 0.76
Expected term (in years)	5 years 9 months
Volatility	52.54%
Risk-free interest rate	0.03%
Expected dividends | $

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Award Activity Under Restricted Stock Plan (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Number of Non-vested Options Outstanding, Beginning balance	246,337	54,187
Shares, Granted	600,397	276,025
Shares, Vested	(220,710)	(83,875)
Shares, Expired	(154,844)
Number of Non-vested Options Outstanding, Ending balance	471,180	246,337
Weighted average grant date fair value	$ 0.76	$ 1.42

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)
Payment for rent	$ 81,439
Other non-current assets	244,317
Minimum present value of the lease payments	$ 700,000
Percentage of lease payment interest	14.00%
Payment of future settlements	$ 2,000,000
Lease Purchase Agreement [Member]
Minimum present value of the lease payments	$ 3,300,000
Percentage of lease payment interest	8.00%
Lease Purchase Agreement [Member] | Four Vendors [Member]
Payment of future settlements	$ 3,800,000
Damage sought value	3,400,000
Lease Purchase Agreement [Member] | Minimum [Member]
Payment for rent	261,240
Lease Purchase Agreement [Member] | Maximum [Member]
Payment for rent	1,077,615
Estimate litigation liability	$ 3,500,000

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Future Minimum Lease Payments for Operating Leases (Details) - Operating Leases [Member]	Dec. 31, 2018USD ($)
2019	$ 308,928
2020
Thereafter
Total	$ 308,928

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Oct. 02, 2018	Aug. 16, 2018	Jun. 08, 2018	Apr. 02, 2018	Mar. 29, 2018	Mar. 29, 2018	Aug. 08, 2017	Aug. 02, 2017	Jul. 06, 2017	Jun. 20, 2017	Mar. 03, 2017	Dec. 31, 2018	Dec. 31, 2017	Aug. 01, 2017
Debt instrument principal amount												$ 7,900,000
Debt converted shares of common stock										29,500,000
Common stock par value												$ 0.001	$ 0.001
Proceeds from sale of common stock												$ 9,702,793
Private Placement [Member]
Number of common stock shares purchased							19,580,420		10,000,000
Share issued price per share							$ 1.43		$ 1.50
Securities Purchase Agreement [Member] | Private Placement [Member]
Number of common stock shares purchased									10,000,000
Proceeds of common stock, gross									$ 15,000,000
Proceeds from sale of common stock									$ 14,800,000
Securities Purchase Agreement [Member] | Series A Convertible Preferred Stock [Member]
Number of common stock shares purchased					10,000
Share issued price per share					$ 1,000	$ 1,000
Subscription Agreement [Member] | Private Placement [Member]
Proceeds of common stock, gross							$ 28,000,000
Proceeds from sale of common stock							$ 26,700,000
Subscription Agreement [Member] | August Purchaers [Member]
Number of common stock shares purchased								10,124,364
Share issued price per share														$ 1.43
Fir Tree [Member] | U.S. Subsidiaries [Member]
Ownership percentage			100.00%
Fir Tree [Member] | Non-U.S. Subsidiaries [Member]
Ownership percentage			65.00%
Fir Tree [Member] | Securities Purchase Agreement [Member] | Series A Convertible Preferred Stock [Member]
Number of common stock shares purchased	600			10,000		10,000
Common stock par value					0.001	$ 0.001
Share issued price per share					$ 1,000	$ 1,000
Proceeds of common stock, gross				$ 10,000,000
Proceeds from sale of common stock				$ 9,700,000
Dividend payable, description				Holders of Series A Preferred are entitled to cumulative dividends payable semi-annually in arrears at a rate of (i) 10% per year if we elect to pay the dividend in cash, or (ii) 12% per year if we elect to pay the dividend through the issuance of additional shares of Series A Preferred. On October 1, 2018
Fir Tree [Member] | Subscription Agreement [Member]
Number of common stock shares purchased								9,456,056
Fir Tree and Bienville [Member] | Securities Purchase Agreement [Member] | Private Placement [Member]
Common stock par value									$ 0.001
Share issued price per share									$ 1.50
Bienville Argentina Fund [Member] | Subscription Agreement [Member]
Number of common stock shares purchased								1,923,077
ACM Emerging Markets Fund I [Member] | Fir Tree [Member]
Debt instrument principal amount											$ 22,000,000
Debt instrument period											2018
Convertible Note [Member] | Fir Tree [Member]
Debt instrument principal amount											$ 19,400,000
Convertible notes payable											$ 41,400,000
Debt instruments conversion price per share										$ 1.40	$ 1.40
Debt converted shares of common stock										29,538,786
Conversion of debt reduced amount										$ 41,400,000
Negotiable Demand Promissory Note [Member]
Debt instrument principal amount			$ 15,000,000
Debt instrument, interest rate			10.00%
Percentage on prepayment premium			4.00%
Negotiable Demand Promissory Note [Member] | Fir Tree [Member] | Eco-Lender, LLC [Member]
Debt instrument principal amount			$ 15,000,000
Proceeds of common stock, gross		$ 3,000,000	5,500,000
Proceeds from sale of common stock		$ 2,970,000	$ 5,100,000
Debt instrument, interest rate			10.00%
Debt instrument, description			Interest on the unpaid principal balance of the Demand Note accrues at an annual rate of 10%, subject to a default interest rate of 14.00% or 24.00% depending on the payment date following the occurrence of a default. All payments of principal, interest and other amounts under the Demand Note are payable immediately upon written demand by the Lender to us; provided, however, the Lender cannot make any demand for payment under the Demand Note until the earlier of (A) 45 days after the date of the Demand Note, (B) the occurrence of a material adverse change as defined in the Demand Note and determined by the Lender in its sole and absolute discretion, (C) the occurrence of any default or event of default under any material agreement of ours or any of our subsidiaries, and (D) the date upon which we or any of our subsidiaries ceases operating for any reason.
Percentage on prepayment premium			4.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	Jun. 20, 2017	Dec. 31, 2018	Dec. 31, 2017
Federal net operating loss carryforwards		$ 91,139,261	$ 68,146,909
Foreign tax loss carryforwards		$ 23,142,711	$ 15,857,215
Debt converted shares of common stock	29,500,000
Minimum [Member]
Ownership interest	50.00%

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax (Provision) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Current taxes: Federal
Current taxes: State
Current taxes: Foreign	(1)	(633,530)
Total current taxes	(1)	(633,530)
Deferred taxes: Federal
Deferred taxes: State
Deferred taxes: Foreign
Total
Total income tax provision		$ (633,530)

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Taxes Rate (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax benefit at the applicable federal rate (21% for 2018; 34% for 2017)	$ (18,451,302)	$ (9,377,343)
Permanent difference	115,723	348,212
Change in valuation allowance	23,775,367	(3,365,898)
Deferred true-up	(3,192,297)	1,785,761
Remeasurement of deferred taxes for tax law change	121,471	7,813,999
Currency exchange rate change	2,342,681	2,809,109
Foreign rate differential	(1,594,237)	3,160
Employee Retention credit	(3,117,406)	(17,000)
Withholding tax		(633,530)
Income tax expense (benefit)		$ (633,530)

Income Taxes - Schedule of Ef_2

Income Taxes - Schedule of Effective Income Taxes Rate (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Federal income tax rate	21.00%	34.00%

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Income Tax Assets (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Deferred assets, Stock-based compensation	$ 816,273	$ 376,224
Deferred assets, Accrued vacation	51,306	54,335
Deferred assets, Accrued bonus	31,270	235,297
Deferred assets, Interest limitation	519,149	226,664
Deferred assets, Bad debt allowance	692,266
Deferred assets, Employee retention credit		17,000
Deferred assets, R&D credit	46,497	46,497
Deferred assets, Other accruals	60,298	118,500
Deferred assets, Intangible assets	1,630	1,396
Deferred assets, Net operating loss carryforward	29,324,272	19,283,115
Total deferred tax assets	31,542,961	20,359,028
Deferred liability, Prepaids		(2,758)
Deferred liability, Property, plant and equipment	6,194,220	(6,394,456)
Deferred liability, Total deferred tax liabilities	6,194,220	(6,397,214)
Deferred liability, Net deferred tax asset	37,737,181	13,961,814
Deferred liability, Valuation allowance	(37,737,181)	(13,961,814)
Total net deferred tax assets

Income Taxes - Summary of Loss

Income Taxes - Summary of Loss Carryforwards Expiration Year (Details)	Dec. 31, 2018USD ($)
Total	$ 114,281,971
2019 [Member]
Total	179,117
2020 [Member]
Total	395,023
2021 [Member]
Total	1,188,455
2022 [Member]
Total	2,546,339
2023 and Forward [Member]
Total	$ 109,973,037

Quarterly Financial Data (Una_3

Quarterly Financial Data (Unaudited) - Summary of Quarterly Financial Data (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revenue	$ 507,150	$ 12,503,599	$ 15,015,646	$ 12,683,226	$ 14,002,066	$ 7,369,376	$ 3,092,722		$ 40,709,621	[1],[2]	$ 24,464,164	[1],[2]
Operating loss	(12,840,169)	(30,050,053)	(12,890,473)	(9,746,075)	(5,477,113)	(3,263,783)	(3,396,262)	(1,599,912)	(65,526,769)		(13,737,070)
Loss before income taxes	(10,815,182)	(32,956,848)	(13,525,627)	(10,188,758)	(5,611,975)	(3,258,841)	(2,823,964)	(3,115,954)
Net loss from continuing operations	$ (10,818,167)	$ (32,953,863)	$ (13,525,627)	$ (10,188,758)	$ (5,611,975)	$ (3,258,841)	$ (2,823,964)	$ (3,115,954)	$ (67,486,414)		$ (14,810,734)
Basic and diluted loss per share-continued operations	$ (0.14)	$ (0.44)	$ (0.18)	$ (0.14)	$ (0.08)	$ (0.05)	$ (0.16)	$ (0.21)	$ (3.60)		$ (0.90)
Net loss from discontinued operations	$ (12,413,228)	$ (2,244,834)	$ (3,050,835)	$ (2,671,759)	$ (3,517,980)	$ (3,381,221)	$ (3,323,870)	$ (1,913,072)	$ (20,380,656)		$ (12,136,143)
Basic and diluted loss per share - discontinued operations	$ (0.16)	$ (0.03)	$ (0.04)	$ (0.04)	$ (0.05)	$ (0.05)	$ (0.19)	$ (0.13)	$ (1.09)		$ (0.73)
[1]	The Argentina segment has been reclassified into discontinued operations.
[2]	U.S. activity began in February 2017 with start-up expenses being incurred. The Company began recognizing U.S. revenue in late May 2017. Intersegment transactions included in revenues were not significant for any of the periods presented.

Segment Reporting (Details Narr

Segment Reporting (Details Narrative)	12 Months Ended
	Dec. 31, 2018Segment
Segment Reporting [Abstract]
Number of reportable segment	2

Segment Reporting - Schedule o

Segment Reporting - Schedule of Revenue from Geographically Classified Segments (Details) - USD ($)		3 Months Ended								12 Months Ended
		Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017
Revenues		$ 507,150	$ 12,503,599	$ 15,015,646	$ 12,683,226	$ 14,002,066	$ 7,369,376	$ 3,092,722		$ 40,709,621	[1],[2]	$ 24,464,164	[1],[2]
Cost of services	[2],[3]									51,578,914		28,550,114
Gross margin	[2],[3]									(13,405,891)		(8,984,751)
Capital expenditures										9,832,074		34,831,333
Depreciation and amortization										14,199,357		2,760,277
Asset Impairment			$ 19,700,000	$ 3,700,000						28,803,756
Argentina [Member]
Revenues	[1],[2]									11,396,142		19,553,584
Cost of services	[2],[3]									13,932,740		24,934,757
Gross margin	[2],[3]									(2,536,598)		(5,381,173)
Capital expenditures										2,846		548,108
Depreciation and amortization										4,909,382		4,105,417
Asset Impairment										4,427,564
United States [Member]
Revenues	[1],[2]									40,709,621		24,464,164
Cost of services	[2],[3]									51,578,914		28,067,742
Gross margin	[2],[3]									(10,869,293)		(3,603,578)
Capital expenditures										9,831,034		34,805,359
Depreciation and amortization										14,087,347		2,593,145
Asset Impairment										28,803,756
Corporate and Other [Member]
Capital expenditures										1,040		25,974
Depreciation and amortization										$ 1,275,564		$ 1,330,685
[1]	The Argentina segment has been reclassified into discontinued operations.
[2]	U.S. activity began in February 2017 with start-up expenses being incurred. The Company began recognizing U.S. revenue in late May 2017. Intersegment transactions included in revenues were not significant for any of the periods presented.
[3]	Gross margin is defined as revenues less costs of services. Cost of services excludes selling, general and administrative expenses, research and development expenses and depreciation and amortization expense.

Assets Held for Sale-Disconti_3

Assets Held for Sale-Discontinued Operations (Details Narrative)	Dec. 31, 2018USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Expected costs to dissolve subsidiary	$ 900,000

Assets Held for Sale-Disconti_4

Assets Held for Sale-Discontinued Operations - Schedule of Discontinued Operations (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Cash and cash equivalents	$ 19,166				$ 1,855,150				$ 19,166	$ 1,855,150
Inventories, net	550,422				3,699,245				550,422	3,699,245
Prepaid expenses and other current assets	877,439				4,197,306				877,439	4,197,306
Property, plant and equipment	23,583,332				64,824,266				23,583,332	64,824,266
Accounts receivable, net					4,474,565					4,474,565
Total current assets held for sale	25,030,359				79,050,532				25,030,359	79,050,532
Accounts payable	3,419,441				5,282,490				3,419,441	5,282,490
Accrued expenses and other current liabilities	1,274,487				3,213,852				1,274,487	3,213,852
Debt	3,009,483				9,056,587				3,009,483	9,056,587
Total current liabilities held for sale	7,703,411				17,552,929				7,703,411	17,552,929
Revenues from discontinued operations									11,396,142	19,553,584
Operating costs and expenses									(29,114,064)	(31,728,733)
Operating loss									(17,717,922)	(12,175,149)
Other expense									(2,679,109)	(594,523)
Benefit for income taxes									16,375	633,529
Loss from discontinued operations	(12,413,228)	$ (2,244,834)	$ (3,050,835)	$ (2,671,759)	(3,517,980)	$ (3,381,221)	$ (3,323,870)	$ (1,913,072)	(20,380,656)	(12,136,143)
Argentina [Member]
Cash and cash equivalents	19,166				1,855,150				19,166	1,855,150
Inventories, net	500,000				2,083,030				500,000	2,083,030
Prepaid expenses and other current assets	877,439				4,197,306				877,439	4,197,306
Property, plant and equipment	12,499,999				20,639,500				12,499,999	20,639,500
Accounts receivable, net					4,474,565					4,474,565
Total current assets held for sale	13,896,604				33,249,551				13,896,604	33,249,551
Accounts payable	3,419,441				5,282,490				3,419,441	5,282,490
Accrued expenses and other current liabilities	1,274,487				3,213,852				1,274,487	3,213,852
Debt					836,855					836,855
Total current liabilities held for sale	4,693,928				9,333,197				4,693,928	9,333,197
United States [Member]
Cash and cash equivalents
Inventories, net	50,422				1,616,215				50,422	1,616,215
Prepaid expenses and other current assets
Property, plant and equipment	11,083,333				44,184,766				11,083,333	44,184,766
Accounts receivable, net
Total current assets held for sale	11,133,755				45,800,981				11,133,755	45,800,981
Accounts payable
Accrued expenses and other current liabilities
Debt	3,009,483				8,219,732				3,009,483	8,219,732
Total current liabilities held for sale	$ 3,009,483				$ 8,219,732				$ 3,009,483	$ 8,219,732

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Mar. 14, 2019	Feb. 21, 2019	Feb. 14, 2019	Jan. 24, 2019	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Proceeds from sale of equiment					$ 2,900,000	$ 5,700,000	$ 8,635,788
Subsequent Event [Member]
Proceeds from sale of equiment	$ 2,100,000	$ 6,200,000		$ 2,800,000
Proceeds from sale of equiment, net of commissions	$ 16,800,000
Reverse stock split description			Shareholders who, immediately following the reverse stock split, held only a fraction of a share of the Company's common stock were paid, in lieu thereof, an amount in cash equal to $0.08 (on a post-split basis) times such fraction of a share and are no longer shareholders of the Company