ForceField Energy (FNRG) 10-K 15 Apr 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Apr. 06, 2015	Jun. 30, 2014
Document And Entity Information
Entity Registrant Name	ForceField Energy Inc.
Entity Central Index Key	1407268
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		18,902,053
Entity Public Float			$59,300,622
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2014

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Property and equipment, net	$167,831	$11,636
Goodwill	12,388,431
Intangible assets, net	7,976,980
LIABILITIES AND EQUITY
Convertible debentures, net of loan discounts	2,949,666
Other noncurrent liabilities	492,712
Equity:
Total equity	9,329,884
Class A
Equity:
Common stock, $0.001 par value. 37,500,000 shares authorized; 19,200,005 shares issued and 17,737,908 shares outstanding as of December 31, 2014		949
Class B
Equity:
Common stock, $0.001 par value. 37,500,000 shares authorized; 19,200,005 shares issued and 17,737,908 shares outstanding as of December 31, 2014		303
Successor
ASSETS
Cash and cash equivalents	771,206
Accounts receivable, net	4,519,589
Costs and estimated earnings in excess of billings on uncompleted contracts	652,007
Inventory, net	431,585
Prepaid expenses and other current assets	487,396
Deferred tax assets, net
Total current assets	6,861,783
Accounts receivable, net -- noncurrent	33,093
Property and equipment, net	167,831
Goodwill	12,388,431
Intangible assets, net	7,976,980
Deferred tax assets, net -- noncurrent
Other assets	185,902
Total assets	27,614,020
LIABILITIES AND EQUITY
Accounts payable	2,017,698
Accrued liabilities	1,517,258
Billings in excess of costs and estimated earnings on uncompleted contracts	1,045,687
Convertible debentures, net - current	50,000
Loans payable -- current	142,644
Senior secured promissory notes, net -- current	2,243,358
Related party payables	507,500
Income taxes payable	27,902
Total current liabilities	7,552,047
Convertible debentures, net of loan discounts	2,949,666
Loans payable	10,384
Senior secured promissory notes, net of loan discounts	1,998,479
Mandatorily redeemable preferred stock
Deferred tax liabilities, net - noncurrent	1,954,848
Contingent purchase consideration	3,326,000
Other noncurrent liabilities	492,712
Total liabilities	18,284,136
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value. 12,500,000 shares authorized; zero shares issued and outstanding
Common stock, $0.001 par value. 37,500,000 shares authorized; 19,200,005 shares issued and 17,737,908 shares outstanding as of December 31, 2014	19,200
Common stock held in treasury, at cost, 1,462,097 shares held at December 31, 2014	-1,166,071
Additional paid-in capital	27,132,299
Accumulated earnings -deficit	-16,767,876
Accumulated other comprehensive income	12,573
Total ForceField Energy Inc. stockholders' equity	9,230,125
Noncontrolling interests	99,759
Total equity	9,329,884
Total liabilities and equity	27,614,020
Predecessor
ASSETS
Cash and cash equivalents		339,011
Accounts receivable, net		2,955,758
Inventory, net		212,789
Prepaid expenses and other current assets		73,611
Deferred tax assets, net		91,654
Total current assets		3,672,823
Accounts receivable, net -- noncurrent		4,921
Property and equipment, net		11,636
Goodwill
Intangible assets, net
Deferred tax assets, net -- noncurrent		766,137
Other assets
Total assets		4,455,517
LIABILITIES AND EQUITY
Accounts payable		713,824
Accrued liabilities		281,013
Convertible debentures, net - current
Loans payable -- current
Senior secured promissory notes, net -- current
Related party payables
Income taxes payable		9,018
Total current liabilities		1,003,855
Convertible debentures, net of loan discounts
Loans payable
Senior secured promissory notes, net of loan discounts
Mandatorily redeemable preferred stock		1,209,891
Deferred tax liabilities, net - noncurrent
Other noncurrent liabilities
Total liabilities		2,213,746
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value. 12,500,000 shares authorized; zero shares issued and outstanding
Common stock, $0.001 par value. 37,500,000 shares authorized; 19,200,005 shares issued and 17,737,908 shares outstanding as of December 31, 2014
Common stock held in treasury, at cost, 1,462,097 shares held at December 31, 2014
Additional paid-in capital		791,837
Accumulated earnings -deficit		1,448,682
Accumulated other comprehensive income
Total ForceField Energy Inc. stockholders' equity		2,241,771
Noncontrolling interests
Total equity		2,241,771
Total liabilities and equity		$4,455,517

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Equity:
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized shares	12,500,000	12,500,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value	$0.00	$0.00
Common stock, authorized shares	37,500,000	37,500,000
Common stock, issued shares		17,033,531
Common stock, outstanding shares		17,033,531
Class A
Equity:
Common stock, par value	$0.00	$0.00
Common stock, authorized shares	1,500,000	1,500,000
Common stock, issued shares	949,373	949,373
Common stock, outstanding shares	949,373	949,373
Class B
Equity:
Common stock, par value	$0.00	$0.00
Common stock, authorized shares	500,000	500,000
Common stock, issued shares	303,030	303,030
Common stock, outstanding shares	303,030	303,030
Successor
Equity:
Preferred stock, par value	$0.00
Preferred stock, authorized shares	12,500,000
Preferred stock, issued shares	0
Preferred stock, outstanding shares	0
Common stock, par value	$0.00
Common stock, authorized shares	37,500,000
Common stock, issued shares	19,200,005
Common stock, outstanding shares	17,737,908
Treasury stock held at cost	1,462,097
Predecessor
Equity:
Preferred stock, par value		$0.00
Preferred stock, authorized shares		12,500,000
Preferred stock, issued shares		0
Preferred stock, outstanding shares		0
Common stock, par value		$0.00
Common stock, authorized shares		37,500,000
Common stock, issued shares		19,200,005
Common stock, outstanding shares		17,737,908
Treasury stock held at cost		1,462,097

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Loss (USD $)	8 Months Ended	12 Months Ended	4 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Apr. 25, 2014
Sales		$7,123,458
Cost of goods sold		4,197,958
Gross margin		2,925,500
Operating expenses:
Depreciation and amortization		10,207
Selling and marketing		735,071
General and administrative		1,590,610
Professional fees		26,365
Total operating expenses		2,362,253
Income (loss) from operations		563,247
Other income (expense)
Interest expense, net		10,893
Other gains (losses)
Total other income (expense)		10,893
Income (loss) before income taxes		574,140
Provision for income taxes (benefit)		237,134
Net income (loss)		337,006
Less: Accretion of preferred stock		139,436
Less: Net income attributable to noncontrolling interests
Net income (loss) attributable to ForceField Energy Inc. stockholders		197,570
Basic earnings (loss) per common share attributable to ForceField Energy Inc. common stockholders:		$0.16
Diluted earnings (loss) per common share attributable to ForceField Energy Inc. common stockholders:		$0.16
Weighted-average number of common shares outstanding:
Basic		1,252,403
Diluted		1,252,403
Comprehensive loss:
Net income (loss)		337,006
Foreign curreny translation adjustment	7,725
Comprehensive income (loss)		337,006
Comprehensive income (loss) attributable to noncontrolling interests
Comprehensive income (loss) attributable to ForceField Energy Inc. common stockholders		337,006
Successor
Sales	7,519,803
Cost of goods sold	5,146,001
Gross margin	2,373,802
Operating expenses:
Depreciation and amortization	559,871
Selling and marketing	733,495
General and administrative	3,236,270
Professional fees	908,132
Total operating expenses	5,437,768
Income (loss) from operations	-3,063,966
Other income (expense)
Interest expense, net	-463,934
Other gains (losses)	545,000
Total other income (expense)	81,066
Income (loss) before income taxes	-2,982,900
Provision for income taxes (benefit)	-339,106
Net income (loss)	-2,643,794
Less: Accretion of preferred stock
Less: Net income attributable to noncontrolling interests	-1,747
Net income (loss) attributable to ForceField Energy Inc. stockholders	-2,645,541
Basic earnings (loss) per common share attributable to ForceField Energy Inc. common stockholders:	($0.16)
Diluted earnings (loss) per common share attributable to ForceField Energy Inc. common stockholders:	($0.16)
Weighted-average number of common shares outstanding:
Basic	16,605,021
Diluted	16,605,021
Comprehensive loss:
Net income (loss)	-2,643,794
Foreign curreny translation adjustment	-7,725
Comprehensive income (loss)	-2,651,519
Comprehensive income (loss) attributable to noncontrolling interests	-1,747
Comprehensive income (loss) attributable to ForceField Energy Inc. common stockholders	-2,653,266
Predecessor
Sales			1,611,213
Cost of goods sold			1,138,827
Gross margin			472,386
Operating expenses:
Depreciation and amortization			3,334
Selling and marketing			193,148
General and administrative			485,670
Professional fees			37,317
Total operating expenses			719,469
Income (loss) from operations			-247,083
Other income (expense)
Interest expense, net			5,567
Other gains (losses)
Total other income (expense)			5,567
Income (loss) before income taxes			-241,516
Provision for income taxes (benefit)		-221,381	2,100
Net income (loss)			-243,616
Less: Accretion of preferred stock			31,054
Less: Net income attributable to noncontrolling interests
Net income (loss) attributable to ForceField Energy Inc. stockholders			-274,670
Basic earnings (loss) per common share attributable to ForceField Energy Inc. common stockholders:			($0.22)
Diluted earnings (loss) per common share attributable to ForceField Energy Inc. common stockholders:			($0.22)
Weighted-average number of common shares outstanding:
Basic			1,252,403
Diluted			1,252,403
Comprehensive loss:
Net income (loss)			-243,616
Foreign curreny translation adjustment
Comprehensive income (loss)			-243,616
Comprehensive income (loss) attributable to noncontrolling interests
Comprehensive income (loss) attributable to ForceField Energy Inc. common stockholders			($243,616)

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (USD $)	Common Stock, Class A	Common Stock, Class B	Preferred Stock	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income	Total Stockholders' Equity	Noncontrolling Interest	Total
Beginning Balance - Amount at Dec. 31, 2012	$949	$303				$791,837	$1,251,112		$2,044,201
Beginning Balance - Shares at Dec. 31, 2012	949,373	303,030
Net income (loss)							337,006		337,006
Accretion of preferred stock							-139,436		-139,436
Change in foreign currency translation
Ending Balance, Amount at Dec. 31, 2013	949	303				791,837	1,448,682		2,241,771
Ending Balance, Shares at Dec. 31, 2013	949,373	303,030
Net income (loss)							-243,616		-243,616
Accretion of preferred stock							-31,054		-31,054
Ending Balance, Amount at Apr. 25, 2014	949	303		17,234	-1,166,071	17,709,543	-14,122,335	20,298	2,458,669	98,012	2,556,681
Ending Balance, Shares at Apr. 25, 2014	949,373	303,030		17,234,418
Net income (loss)							-2,645,541		-2,645,541	-1,747	-2,643,794
Change in foreign currency translation								-7,725	-7,725		-7,725
Issuance of common stock in connection with sales made under private offerings, Shares				540,722
Issuance of common stock in connection with sales made under private offerings, Amount				541		2,691,959			2,692,500		2,692,500
Cost of common stock issuances in connection with sales made under private offerings						-220,750			-220,750		-220,750
Issuance of common stock in connection with the exercise of common stock purchase warrants, Amount				544		2,174,456			2,175,000		2,175,000
Issuance of common stock in connection with the exercise of common stock purchase warrants, Shares				543,750
Cost of common stock issuances in connection with the exercise of common stock purchase of warrants						-217,500			-217,500		-217,500
Issuance of common stock in exchange for consulting, professional and other services, Shares				22,621
Issuance of common stock in exchange for consulting, professional and other services, Amount				23		134,634			134,657		134,657
Issuance of common stock in lieu of cash for loans payable and other accrued obligations, Shares				44,420
Issuance of common stock in lieu of cash for loans payable and other accrued obligations, Amount				44		208,456			208,500		208,500
Issuance of common stock in connection with the issuance of convertible debenture(s), Shares				15,000
Issuance of common stock in connection with the issuance of convertible debenture(s), Amount				15		95,085			95,100		95,100
Issuance of common stock in connection with a letter of intent to acquire a business, Shares				45,000
Issuance of common stock in connection with a letter of intent to acquire a business, Amount				45		246,555			246,600		246,600
Issuance of common stock in connection with the acquisition of a business, Shares				744,074
Issuance of common stock in connection with the acquisition of a business, Amount				744		4,151,707			4,152,451		4,152,451
Conversion of convertible debenture(s) into common stock, Shares				10,000
Conversion of convertible debenture(s) into common stock, Amount				10		49,990			50,000		50,000
Recognition of beneficial conversion features related to convertible debentures						108,164			108,164		108,164
Ending Balance, Amount at Dec. 31, 2014				$19,200	($1,166,071)	$27,132,299	($16,767,876)	$12,573	$230,125	$99,759	$9,329,884
Ending Balance, Shares at Dec. 31, 2014				19,200,005

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended	8 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
Cash flows from operating activities of continuing operations:
Net income (loss)	$337,006
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	10,207
Amortization of debt discount
Amortization of deferred financing costs
Provision for (recovery of) doubtful accounts	-60,082
Common stock issued for acquisition costs
Common stock issued in exchange for fees and services
Deferred taxes	221,381
Unrealized (gain) loss on change in fair value of contingent consideration
Changes in operating assets and liabilities:
Accounts receivable	2,006,374
Inventory	88,291
Prepaid expenses and other current assets	-1,755
Other assets
Accounts payable	-23,307
Accrued liabilities	-400,988
Income taxes payable and other noncurrent liabilities
Net cash provided by (used in) operating activities	2,177,127
Cash flows from investing activities:
Cash consideration for acquisition of business
Cash acquired in acquisition of business
Purchase of fixed assets	-4,845
Purchase of intangible assets
Net cash provided by (used in) investing activities	-4,845
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs
Proceeds from exercise of common stock purchase warrants, net of issuance costs
Proceeds from issuance of convertible debentures
Proceeds from loans payable
Proceeds from issuance of senior, secured promissory notes
Proceeds from related party payables
Dividend and redemption payments on preferred stock	-2,050,000
Repayments of convertible debentures
Repayments of loans payable
Repayments of senior, secured promissory notes
Repayments of related party payables
Net cash provided by (used in) financing activities	-2,050,000
Effect of exchange rates on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents	122,282
Cash and cash equivalents at beginning of period	216,729
Cash and cash equivalents at end of period	339,011
Supplemental disclosure of cash flow information:
Cash paid for interest	150
Cash paid for income taxes	351,069
Supplemental disclosure of non-cash investing and financing activities:
Common stock issued related to acquisition of business
Common stock issued with letter of intent to acquire a business
Common stock issued for financing costs in connection with convertible debentures
Common stock issued to reduce accounts payable and other accrued liabilities
Conversion of convertible debentures into common stock
Debt issued related to acquisition of a business
Working capital adjustment payable related to acquisition of business
Contingent purchase consideration
Other accrued consideration related to acquisition of a business
Accrued issuance costs related to common shares sold in private placements
Deferred financing costs accrued in relation to the issuance of debt
Discount for beneficial conversion features on convertible debentures
Discount for fair value adjustment on promissory notes
Accretion of preferred stock	139,436
Successor
Cash flows from operating activities of continuing operations:
Net income (loss)		-2,643,794
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization		559,871
Amortization of debt discount		105,393
Amortization of deferred financing costs		30,521
Provision for (recovery of) doubtful accounts		14,837
Common stock issued for acquisition costs		109,600
Common stock issued in exchange for fees and services		134,657
Deferred taxes		-351,884
Unrealized (gain) loss on change in fair value of contingent consideration		-545,000
Changes in operating assets and liabilities:
Accounts receivable		66,144
Costs and estimated earnings in excess of billings on uncompleted contracts		73,500
Inventory		-31,000
Prepaid expenses and other current assets		-768
Other assets		-531
Accounts payable		212,315
Accrued liabilities		530,141
Billings in excess of costs and estimated earnings on uncompleted contracts		-247,194
Income taxes payable and other noncurrent liabilities		14,521
Net cash provided by (used in) operating activities		-2,100,959
Cash flows from investing activities:
Cash consideration for acquisition of business		-6,309,883
Cash acquired in acquisition of business		473,910
Purchase of fixed assets		-5,575
Purchase of intangible assets		-175,000
Net cash provided by (used in) investing activities		-6,016,548
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs		2,471,750
Proceeds from exercise of common stock purchase warrants, net of issuance costs		1,957,500
Proceeds from issuance of convertible debentures		1,210,000
Proceeds from loans payable		130,000
Proceeds from issuance of senior, secured promissory notes		2,000,000
Proceeds from related party payables		122,500
Dividend and redemption payments on preferred stock
Repayments of convertible debentures		-100,000
Repayments of loans payable		-2,767
Repayments of senior, secured promissory notes		-1,819,645
Repayments of related party payables		-15,000
Net cash provided by (used in) financing activities		5,954,338
Effect of exchange rates on cash and cash equivalents		-3,388
Net increase (decrease) in cash and cash equivalents		-2,166,557
Cash and cash equivalents at beginning of period		2,937,763
Cash and cash equivalents at end of period		771,206
Supplemental disclosure of cash flow information:
Cash paid for interest		109,959
Cash paid for income taxes		4,716
Supplemental disclosure of non-cash investing and financing activities:
Common stock issued related to acquisition of business		4,152,451
Common stock issued with letter of intent to acquire a business		137,000
Common stock issued for financing costs in connection with convertible debentures		95,100
Common stock issued to reduce accounts payable and other accrued liabilities		208,500
Conversion of convertible debentures into common stock		50,000
Debt issued related to acquisition of a business		4,150,000
Working capital adjustment payable related to acquisition of business		1,329,528
Contingent purchase consideration		3,871,000
Other accrued consideration related to acquisition of a business		850,000
Accrued issuance costs related to common shares sold in private placements		261,500
Deferred financing costs accrued in relation to the issuance of debt		110,000
Discount for beneficial conversion features on convertible debentures		108,164
Discount for fair value adjustment on promissory notes		120,442
Accretion of preferred stock

1_NATURE_OF_OPERATIONS

1. NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	ForceField Energy Inc. and its subsidiaries (“ForceField” or the “Company”) collectively form an international, contracting organization that offers lighting products and solutions focused on improving energy efficiency. ForceField is a distributor and installer of light emitting diode (“LED”) products and efficient lighting alternatives. The Company has successfully completed numerous commercial installations for organizations of all sizes and industry through its wholly-owned subsidiaries including 17th Street ALD Management Corp (“American Lighting” or “ALD”), based in San Diego, California; ESCO Energy Services Co. (“ESCO”), based in Lenox, Massachusetts; ForceField Energy USA Inc. (“FFE USA”), which includes the assets of Catalyst LED’s LLC; and ForceField Energy SA (“FFE SA”), based in San Jose, Costa Rica.

2_SUMMARY_OF_SIGNIFICANT_ACCOU

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Policies
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Presentation and Principles of Consolidation
	The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in United States dollars. The consolidated financial statements include the accounts of the Company; its wholly-owned subsidiaries SunSi Energies Hong Kong Limited (“SE Hong Kong”), FFE USA, FFE Costa Rica, ESCO, and American Lighting; and TransPacific Energy, Inc. (“TPE”), in which the Company maintains a 50.3% equity interest. All intercompany accounts and transactions are eliminated in consolidation.
	Acquisition of American Lighting
	On April 25, 2014, the Company acquired American Lighting, a leading commercial lighting specialist based, in San Diego, California (see Note 8 – Business Combinations).
	Predecessor and Successor Reporting
	The American Lighting transaction was accounted for under the acquisition method of accounting in accordance with generally accepted accounting principles. For the purpose of financial reporting, ALD w deemed to be the predecessor company and ForceField is deemed to be the successor company in accordance with the rules and regulations issued by the Securities and Exchange Commission (“SEC”). The assets and liabilities of ALD were recorded at their respective fair values as of the acquisition date. Fair value adjustments related to the transaction are reflected in the books of ForceField, resulting in assets and liabilities of the Company being recorded at fair value at April 25, 2014. Therefore the Company’s financial information prior to the transaction is not comparable to its financial information subsequent to the transaction.
	As a result of the impact of pushdown accounting, the financial statements and certain note presentations separate the Company’s presentations into two distinct periods, the period before the consummation of the transaction (labeled “Predecessor”) and the period after that date (labeled “Successor”), to indicate the application of a different basis of accounting between the periods presented. Predecessor account balances and results of operations for the current period are effective through April 30, 2014, as the impact of transactions recorded from April 26, 2014 through April 30, 2014 was not material.  All intercompany accounts and transactions are eliminated through consolidation.
	Use of Estimates
	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to revenue recognition, valuation of accounts receivable and inventories, purchase price allocation of acquired businesses, impairment of long lived assets and goodwill, valuation of financial instruments, income taxes, and contingencies. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.
	Change in Accounting Policy
	During the year ended December 31, 2014, the Company changed its accounting policy related to revenue recognition from the completed contracts method to the percentage-of-completion method. Under the new policy, revenue is measured by evaluating the percentage of total costs incurred to date against the estimated total costs for each contract.
	The impact of the change in accounting policy on the current and prior period financial statements was not material.
	Revenue Recognition
	The Company recognizes revenue on the percentage-of-completion method, measured by the percentage of total costs incurred to date against the estimated total costs for each contract. Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and depreciation costs. General and administrative costs are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions and estimated profitability, including those arising from contract penalty provisions, and final contract settlements may result in revisions to costs and income and are recognized in the period in which the revisions are determined. Profit incentives are included in revenue when their realization is reasonably assured. An amount equal to contract costs attributable to claims is included in revenue when realization is probable and the amount can be reliably estimated.
	The asset, Costs and estimated earnings in excess of billings on uncompleted contracts, represents revenue recognized in excess of amounts billed. The liability, Billings in excess of costs and estimated earnings on uncompleted contracts, represents billings in excess of revenue recognized.
	Revenue from rebates from utilities may be recognized on eligible energy-efficient lighting retrofit projects. These rebates are simultaneously credited against the quoted contract price and assigned to the Company by the customer. The Company is responsible for the application of the rebate, and bears the risk of any loss from the verification and collection of the rebate. During the successor period of April 26, 2014 through December 31, 2014, revenue from rebates from utilities totaled $1,097,081. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, revenue from rebates from utilities totaled $786,519 and $2,630,815, respectively.
	Certain rebates from utility companies are subject to refund rights in the event that specified energy savings are not met. The Company assesses each retrofit project subject to refund rights to determine if the estimated energy savings are likely to be met. As of December 31, 2014 and 2013, there were no retrofit projects subject to this refund right that were not expected to meet the specified energy savings.
	The utilities providing the retrofit rebate, at their discretion, can audit the Company's customer installations prior to payment. These audits often result in an adjustment to the rebate, which is netted against revenues. A reserve for adjustments was recorded based upon current period sales and the Company’s historical experience factor in recording such rebate adjustments. During the successor period of April 26, 2014 through December 31, 2014, adjustments to rebates from utilities totaled ($23,191).  During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, adjustments to rebates from utilities totaled $50,409 and $45,648, respectively. These amounts are netted in the Company’s accounts receivable and revenue.
	Fair Value Measurements
	The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures” (“ASC 820”) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:
	Level 1 - Quoted prices in active markets for identical assets or liabilities.
	Level 2 - Inputs other than quoted prices included within Level 1 that are either directly or indirectly observable.
	Level 3 - Unobservable inputs that are supported by little or no market activity, therefore requiring an entity to develop its own assumptions about the assumptions that market participants would use in pricing.
	Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2014. The Company uses the market approach to measure fair value for its Level 1 financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The respective carrying value of certain balance sheet financial instruments approximates its fair value. These financial instruments include cash, trade receivables, related party payables, accounts payable, accrued liabilities and short-term borrowings. Fair values were estimated to approximate carrying values for these financial instruments since they are short term in nature and they are receivable or payable on demand.
	The estimated fair value of assets and liabilities acquired in business combinations and reporting units and long-lived assets used in the related asset impairment tests utilize inputs classified as Level 3 in the fair value hierarchy.
	The Company determines the fair value of contingent consideration based on a probability-weighted discounted cash flow analysis. The fair value remeasurement is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in the fair value hierarchy. In each period, the Company reassesses its current estimates of performance relative to the stated targets and adjusts the liability to fair value. Any such adjustments are included as a component of Other Income (Expense) in the Consolidated Statements of Operations and Comprehensive Loss.
	The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014:
		Level 1		Level 2		Level 3
	Earnout liability	—		—		$	3,326,000
	The following table summarizes the change in the Company’s financial assets and liabilities measured at fair value as of December 31, 2014:
			2014
	Fair value, January 1		$	-
	Fair value of contingent consideration issued during the period			3,871,000
	Change in fair value			(545,000	)
	Fair value, December 31		$	3,326,000
	Derivative Financial Instruments
	The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risk. Terms of convertible promissory notes are reviewed to determine whether or not they contain embedded derivative instruments that are required to be accounted for separately from the host contract, and recorded on the balance sheet at fair value. The fair value of derivative liabilities is required to be revalued at each reporting date, with corresponding changes in fair value recorded in current period operating results.
	Beneficial Conversion Features
	In accordance with FASB ASC 470-20, “Debt with Conversion and Other Options” the Company records a beneficial conversion feature (“BCF”) related to the issuance of convertible debt or preferred stock instruments that have conversion features at fixed rates that are in-the-money when issued. The BCF for the convertible instruments is recognized and measured by allocating a portion of the proceeds equal to the intrinsic value of that feature to additional paid-in capital. The intrinsic value is generally calculated at the commitment date as the difference between the conversion price and the fair value of the common stock or other securities into which the security is convertible, multiplied by the number of shares into which the security is convertible. If certain other securities are issued with the convertible security, the proceeds are allocated among the different components. The portion of the proceeds allocated to the convertible security is divided by the contractual number of the conversion shares to determine the effective conversion price, which is used to measure the BCF. The effective conversion price is used to compute the intrinsic value. The value of the BCF is limited to the basis that is initially allocated to the convertible security.
	Stock Purchase Warrants
	The Company accounts for warrants issued to purchase shares of its common stock as equity in accordance with FASB ASC 480, Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock, Distinguishing Liabilities from Equity.
	Cash and cash equivalents
	The Company considers temporary cash investments with an original maturity of three months or less to be cash equivalents. The Company maintains its cash balances with a high-credit-quality financial institution. At times, such cash may be in excess of the Federal Deposit Insurance Corporation’s insured limit of $250,000. The Company has not experienced any losses in such accounts, and management believes the Company is not exposed to any significant credit risk on its cash and cash equivalents.
	Accounts receivable
	Accounts receivable are customer obligations due under normal trade terms. The Company performs periodic credit evaluations of its customers’ financial condition. The Company records an allowance for doubtful accounts based upon factors surrounding the credit risk of certain customers and specifically identified amounts that it believes to be uncollectible. Recovery of bad debt amounts previously written off is recorded as a reduction of bad debt expense in the period the payment is collected. If the Company’s actual collection experience changes, revisions to its allowance may be required. After all attempts to collect a receivable have failed, the receivable is written off against the allowance.
	Accounts receivable balances consist of amounts due from customers and are recorded net of allowances for doubtful accounts, a reserve for sales adjustments and deferred payment plan discounts.
	The Company has a non-interest-bearing payment plan for accounts receivable under which participating customers make installment payments of equal amounts over predetermined terms, usually a two-year period. In accordance with FASB ASC 310, Receivables, the Company estimates the present value of the payment plan for accounts receivable using imputed interest at the Company's borrowing rate at the end of the year (6.25% as of December 31, 2014 and December 31, 2013).
	The Company's long-term receivables are considered financing receivables. The credit quality of these customers is evaluated on an ongoing basis and the allowance for doubtful accounts is adjusted for any changes in assessed risk. During the successor period of April 26, 2014 through December 31, 2014, the Company recorded a decrease of $3,026 in the provision and recorded $0 in write offs. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, the Company recorded a decrease of $32,967 and $77,874, respectively and $11,811 and $17,792, respectively in write-offs for both periods.
	The difference between the present value and face value is recorded as unamortized discounts, which will be amortized over the term of the payment plan. The allowance for discounts on deferred payment plan accounts receivable was $10,640 and $12,016 as of December 31, 2014 and 2013, respectively. The Company recorded $2,327 of interest income from deferred payment plan accounts receivable during the successor period of April 26, 2014 through December 31, 2014. The Company recorded $5,561 of interest income from deferred payment plan accounts receivable during the predecessor period of January 1, 2014 through April 25, 2014. The Company recorded $6,001 of interest income from deferred payment plan accounts receivable during the year ended December 31, 2013.
	For rebate receivables from utilities, the Company typically is entitled to receive a portion of such amounts upon completion of the project, and the remaining portion after specified conditions are proven to have been met.
	Inventory
	Inventory consists of finished goods and is stated at the lower of cost or market value. Cost is determined on a first-in, first-out ("FIFO") basis. Inventory is reviewed periodically for slow-moving and obsolete items. The Company believes that no reserve for obsolete inventory is necessary as of December 31, 2014 and December 31, 2013.
	Property and equipment
	Property and equipment are stated at cost or fair value if acquired as part of a business combination. Depreciation is computed by the straight-line method and is charged to operations over the estimated useful lives of the assets. Maintenance and repairs are charged to expense as incurred. The carrying amount and accumulated depreciation of assets sold or retired are removed from the accounts in the year of disposal and any resulting gain or loss is included in results of operations. The estimated useful lives of property and equipment are as follows:
	Computers and equipment	3 – 7 years
	Furniture and fixtures	5 – 10 years
	Leasehold improvements	Lesser of lease term or estimated useful life
	Vehicles	5 years
	Goodwill and Intangible Assets
	Goodwill represents the future economic benefit arising from other assets acquired that could not be individually identified and separately recognized. The goodwill arising from the Company’s acquisitions is attributable to the value of the potential expanded market opportunity with new customers. Intangible assets have either an identifiable or indefinite useful life. Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, whichever is shorter. The Company’s amortizable intangible assets consist of customer relationships, distribution and licensing agreements, non-compete agreements and technology. Their useful lives range from 0.5 to 15 years. The Company’s indefinite-lived intangible assets consist of trade names.
	Goodwill and indefinite-lived assets are not amortized, but are subject to annual impairment testing unless circumstances dictate more frequent assessments. The Company performs an annual impairment assessment for goodwill during the fourth quarter of each year and more frequently whenever events or changes in circumstances indicate that the fair value of the asset may be less than the carrying amount. Goodwill impairment testing is a two-step process performed at the reporting unit level. Step one compares the fair value of the reporting unit to its carrying amount. The fair value of the reporting unit is determined by considering both the income approach and market approaches. The fair values calculated under the income approach and market approaches are weighted based on circumstances surrounding the reporting unit. Under the income approach, the Company determines fair value based on estimated future cash flows of the reporting unit, which are discounted to the present value using discount factors that consider the timing and risk of cash flows. For the discount rate, the Company relies on the capital asset pricing model approach, which includes an assessment of the risk-free interest rate, the rate of return from publicly traded stocks, the Company’s risk relative to the overall market, the Company’s size and industry and other Company specific risks. Other significant assumptions used in the income approach include the terminal value, growth rates, future capital expenditures and changes in future working capital requirements. The market approaches use key multiples from guideline businesses that are comparable and are traded on a public market. If the fair value of the reporting unit is greater than its carrying amount, there is no impairment. If the reporting unit’s carrying amount exceeds its fair value, then the second step must be completed to measure the amount of impairment, if any. Step two calculates the implied fair value of goodwill by deducting the fair value of all tangible and intangible net assets of the reporting unit from the fair value of the reporting unit as calculated in step one. In this step, the fair value of the reporting unit is allocated to all of the reporting unit’s assets and liabilities in a hypothetical purchase price allocation as if the reporting unit had been acquired on that date. If the carrying amount of goodwill exceeds the implied fair value of goodwill, an impairment loss is recognized in an amount equal to the excess.
	Determining the fair value of a reporting unit is judgmental in nature and requires the use of significant estimates and assumptions, including revenue growth rates, strategic plans and future market conditions, among others. There can be no assurance that the Company’s estimates and assumptions made for purposes of the goodwill impairment testing will prove to be accurate predictions of the future. Changes in assumptions and estimates could cause the Company to perform impairment test prior to scheduled annual impairment tests scheduled in the fourth quarter.
	Long-Lived Assets
	The Company evaluates the recoverability of its long-lived assets whenever events or changes in circumstances have indicated that an asset may not be recoverable. The long-lived asset is grouped with other assets at the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. If the sum of the projected undiscounted cash flows is less than the carrying value of the assets, the assets are written down to the estimated fair value.
Income taxes
The Company accounts for income taxes under FASB ASC 740, “Accounting for Income Taxes”. Under FASB ASC 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 tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under FASB ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. FASB ASC 740-10-05, “Accounting for Uncertainty in Income Taxes” prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities.
The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. We assess the validity of our conclusions regarding uncertain tax positions on a quarterly basis to determine if facts or circumstances have arisen that might cause us to change our judgment regarding the likelihood of a tax position’s sustainability under audit.
Foreign Currency Translation
The functional and reporting currency of ForceField Energy S.A. is the Costa Rican Colon. Management has adopted ASC 830 “Foreign Currency Matters” for transactions that occur in foreign currencies. Monetary assets denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Average monthly rates are used to translate revenues and expenses.
Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Exchange gains or losses arising from foreign currency transactions are included in the determination of net income for the respective periods.
Assets and liabilities of the Company’s operations are translated into the reporting currency, United States dollars, at the exchange rate in effect at the balance sheet dates. Revenue and expenses are translated at average rates in effect during the reporting periods. Equity transactions are recorded at the historical rate when the transaction occurred. The resulting translation adjustment is reflected as accumulated other comprehensive income, a separate component of stockholders' equity in the statement of stockholders' equity.
Comprehensive Gain or Loss
ASC 220 “Comprehensive Income,” establishes standards for the reporting and display of comprehensive income and its components in the financial statements. As of December 31, 2014 and December 31, 2013, the Company determined that it had items that represented components of comprehensive income and, therefore, has included a statement of comprehensive income in the financial statements.
Advertising expenses
Advertising costs are expensed as incurred and included in selling and marketing expenses.
Shipping and handling costs
Shipping and handling costs related to the acquisition of goods from vendors are included in cost of sales.
Basic and Diluted Net Income (Loss) Per Share
The Company computes net income (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common stockholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
Reclassifications
Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position.
Recent accounting pronouncements
The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

3_ACCOUNTS_RECEIVABLE

3. ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2014
Accounts Receivable
ACCOUNTS RECEIVABLE	The following table sets forth the components of the Company’s accounts receivable at December 31, 2014 and December 31, 2013:
		Successor			Predecessor
		December 31,			December 31,
		2014			2013
	Accounts and contracts receivable	$	3,755,498		$	3,113,976
	Retainage		894,892			-
	Allowance for doubtful accounts		(97,708	)		(153,297	)
	Total accounts receivable, net		4,552,682			2,960,679
	Less: Noncurrent portion of accounts receivable, net		(33,093	)		(4,921	)
	Current portion of accounts receivable, net	$	4,519,589		$	2,955,758
	During the successor period of April 26, 2014 through December 31, 2014, the Company had one customer that accounted for 15.6% of revenues and another three customers that accounted for 38.7% of accounts receivable. During the predecessor period of January 1, 2014 through April 25, 2014, the Company had one customer that accounted for 21.6% of revenues and another two customers that accounted for 25.1% of accounts receivable. During the predecessor year ended December 31, 2013, the Company had one customer that accounted for 15.2% of revenues and another customer accounted for 12% of accounts receivable.

4_COSTS_AND_ESTIMATED_EARNINGS

4. COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
4. COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS	The following table sets forth the components of the Company’s costs and estimated earnings on uncompleted contracts at December 31, 2014 and December 31, 2013:
		Successor			Predecessor
		December 31,			December 31,
		2014			2013
	Costs incurred on uncompleted contracts	$	7,990,846		$	-
	Estimated earnings		2,261,871			-
	Subtotal		10,252,717			-
	Less: Billings to date		(10,646,397	)		-
	Total costs and estimated earnings on uncompleted contracts	$	(393,680	)	$	-
	The above amounts are included in the accompanying balance sheets under the following captions at December 31, 2014 and December 31, 2013:
		Successor			Predecessor
		December 31,			December 31,
		2014			2013
	Costs and estimated earnings in excess of billings on uncompleted contracts	$	652,007		$	-
	Billings in excess of costs and estimated earnings on uncompleted contracts		(1,045,687	)		-
	Total	$	(393,680	)	$	-

5_INVENTORY

5. INVENTORY	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
INVENTORY	The following table sets forth the components of the Company’s inventory at December 31, 2014 and December 31, 2013:
		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Work in process	$	15,307	$	-
	Finished goods		416,278		212,789
	Allowance for excess and obsolete inventory		-		-
	Total	$	431,585	$	212,789
	No reserve for obsolete inventory was recorded as of December 31, 2014 and December 31, 2013.

6_PREPAID_EXPENSES_AND_OTHER_C

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	The following table sets forth the components of the Company’s prepaid expenses and other current assets at December 31, 2014 and 2013:
		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Advance payments to employees and representatives	$	41,110	$	1,423
	Advance payments to suppliers		47,946		-
	Other prepaid expenses and current assets		55,310		72,188
	Payments on letter of intent to acquire a business		279,500		-
	Prepaid income taxes and other tax receivables		20,476		-
	Prepaid insurance and surety bonds		43,054		-
	Total	$	487,396	$	73,611
	Payments on a letter of intent to acquire a business represent payments of $142,500 made in cash and the issuance of $137,000 in restricted stock pursuant to the terms of a non-binding letter of intent signed on July 26, 2014 with Noveda Technologies Inc.

7_PROPERTY_AND_EQUIPMENT

7. PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	The following table sets forth the components of the Company’s property and equipment at December 31, 2014 and December 31, 2013:
		Successor							Predecessor
		31-Dec-14							31-Dec-14
		Cost		Accumulated Depreciation			Net Book Value		Cost		Accumulated Depreciation			Net Book Value
	Computers and equipment	$	48,767	$	(8,556	)	$	40,211	$	87,996	$	(77,022	)	$	10,974
	Furniture and fixtures		22,584		(3,241	)		19,343		25,780		(25,118	)		662
	Leasehold improvements		18,471		(638	)		17,833		46,685		(46,685	)		-
	Vehicles		55,465		(3,462	)		52,003		-		-			-
	Construction in process		38,441		-			38,441		-		-			-
	Total	$	183,728	$	(15,897	)	$	167,831	$	160,461	$	(148,825	)	$	11,636
	The Company recorded depreciation expense of $15,137 during the successor period of April 26, 2014 through December 31, 2014 and $3,334 during the predecessor period of January 1, 2014 through April 25, 2014. For the year ended December 31, 2013, the Company recorded depreciation expense of $10,207.
	Differences may arise in the amount of depreciation expense reported in the Company's operating results as compared to the corresponding change in accumulated depreciation due to foreign currency translation. These translation adjustments are reflected in accumulated other comprehensive income, a separate component of the Company's stockholders' equity.

8_BUSINESS_COMBINATIONS

8. BUSINESS COMBINATIONS	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
BUSINESS COMBINATIONS	Acquisition of Catalyst LED’s LLC
	On February 2, 2014, the Company completed its purchase of certain assets of Catalyst LED’s LLC. Under the terms of the asset purchase agreement, ForceField paid $200,000 in cash consideration and issued 5,000 shares of its common stock valued at $29,850, or $5.97 per share. In connection with acquisition, the Company entered into an employment agreement with Catalyst’s owner under he may achieve commission payments if certain milestones are attained. The transaction was deemed to be an acquisition of a business and was accounted for under the acquisition method of accounting in accordance with generally accepted accounting principles.
	Fair Value of Consideration Transferred and Recording of Assets Acquired
	The following table summarizes the acquisition date fair value of the consideration paid, identifiable assets acquired, and liabilities assumed including an amount for goodwill:
	Consideration Paid:
	Cash and cash equivalents		$	200,000
	Common stock, 5,000 shares of ForceField common stock			29,850
	Fair value of total consideration		$	229,850
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Total identifiable net assets			-
	Goodwill			229,850
			$	229,850
	The Company followed the guidance in ASC 805 and considered the fair value of all acquired assets, including intangible assets relating to contractual or legal rights of the assets we acquired from Catalyst.  Management’s analysis considered working capital, fixed assets, customer contracts, customer lists and relationships, trade names, internet domain name and website. Due the nature of Catalyst’s operations, limited history and lack of profitability, the Company did not assign any value to the identifiable intangible assets and there was limited to no value to the existing inventory and other physical assets that it acquired.
	Goodwill represents the future economic benefit arising from other assets acquired that could not be individually identified and separately recognized. The goodwill arising from the acquisition is attributable to the value of the potential expanded market opportunity with new customers. The goodwill is not expected to be deductible for tax purposes.
	Acquisition of 17th Street ALD Management Corp
	On April 25, 2014, the Company completed its acquisition of American Lighting. Under the terms of the stock purchase agreement, ForceField paid $5.1 million in consideration including $2.5 million in cash, the issuance of $1.6 million of its common stock and the issuance of $1.0 million in 5% senior, secured promissory notes in exchange for all of the equity of American Lighting. The 289,529 shares of ForceField’s common stock issued are subject to an initial twelve month restrictive period and are then released in equal monthly installments over the following six months.
	The sellers were also entitled to receive $1,329,528 in post-closing cash payments for the excess working capital, as defined by the agreement, on ALD’s closing balance sheet. These amounts were subject to certain adjustments, and are payable from time to time upon collection of certain accounts receivables identified as of the transaction closing date. As of December 31, 2014, the excess working capital obligation was fully satisfied.
	Additionally, the former stockholders will have the opportunity for contingent, earn-out payments of up to $2.0 million if certain revenue and EBITDA thresholds are achieved over the three-year post-closing period. The earn-out payments, if made, shall be equally allocated between cash and restricted common stock.
	Fair Value of Consideration Transferred and Recording of Assets Acquired
	The following table summarizes the acquisition date fair value of the consideration paid, identifiable assets acquired, and liabilities assumed including an amount for goodwill:
	Consideration Paid:
	Cash and cash equivalents		$	2,500,000
	Common stock, 289,529 shares of ForceField common stock, net of put cost of $178,466			1,468,954
	Senior, secured promissory notes, net of discount of $34,981			965,019
	Working capital adjustment payable to sellers			1,329,528
	Contingent purchase consideration			1,186,000
	Fair value of total consideration		$	7,449,501
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Financial assets:
	Cash and cash equivalents		$	407,912
	Accounts receivables			1,708,411
	Inventory			213,712
	Prepaid and other assets			117,616
	Property and equipment			11,071
	Deferred tax assets			54,874
	Identifiable intangible assets:
	Production backlog			108,000
	Non-compete agreements			265,000
	Trade name			1,385,000
	Financial liabilities:
	Accounts payable and accrued liabilities			(322,184	)
	Total identifiable net assets			3,949,412
	Goodwill			3,500,089
			$	7,449,501
	In determining the fair value of the common stock issued, the Company considered, among other factors, the discount to the market price of the shares that a market participant would most likely take due to the minimum six month holding period. In order to estimate a discount from the traded price, the Company calculated the cost of a hypothetical put option. A put option grants the owner the right, but not the obligation to sell a specified number of shares at a specified price within a specified time. It constructed the hypothetical put with the strike price equal to the traded price at the measurement date so that it would act as price protection for the unregistered shares. Using the Black-Scholes Model, the Company calculated the cost of a hypothetical put option at $.6164 per share, based on the following inputs: a current share and strike price of $5.72; a term of 0.5 years; a risk free rate of 0.04%; and volatility 38.4%. The Company reduced the fair value of the common shares by $178,466 based on the hypothetical cost of a put to account for the volatility of the stock and the six month minimum holding period.
	In determining the fair value of the promissory notes issued, the Company considered, among other factors, the market yields on debt securities depending on the time horizon and level of perceived risk of the specific investment. The Company arrived at an estimated market rate of 9% and calculated the present value of the $1.0 million promissory note and its related interest to be $965,019. As a result, the Company recorded a discount against the promissory notes of $34,981. The discount is being amortized using the effective interest method over the life of the notes. For the year ended December 31, 2014, the Company recorded $22,984 in interest expense related to the note discount. The remaining discount balance at December 31, 2014 was $11,997.
	Goodwill represents the future economic benefit arising from other assets acquired that could not be individually identified and separately recognized. The goodwill arising from the acquisition is attributable to the value of the potential expanded market opportunity with new customers. The goodwill is not expected to be deductible for tax purposes.
	In determining the purchase price allocation, the Company considered, among other factors, how a market participant would likely use the acquired assets. The estimated fair value of intangible assets was based on the income approach. The income approach requires a projection of the cash flow that the asset is expected to generate in the future. The projected cash flow is discounted to its present value using a rate of return, or discount rate, which accounts for the time value of money and the degree of risk inherent in the asset. The expected future cash flow that is projected should include all of the economic benefits attributable to the asset, including the tax savings associated with the amortization of the intangible asset value over the tax life of the asset. The income approach may take the form of a “relief-from-royalty” methodology, a cost savings methodology, a “with and without” methodology, or excess earnings methodology, depending on the specific asset under consideration.
	The “relief-from-royalty” method was used to value the trade names acquired from American Lighting. The “relief-from-royalty” method estimates the cost savings that accrue to the owner of an intangible asset that would otherwise be required to pay royalties or license fees on revenues earned through the use of the asset. The royalty rate used is based on an analysis of empirical, market-derived royalty rates for guideline intangible assets. Typically, revenue is projected over the expected remaining useful life of the intangible asset. The key assumptions in the prospective cash flows include a15% compound annual sales growth rate over the five years period subsequent to the acquisition. The royalty rate is then applied to estimate the royalty savings. The key assumptions used in valuing the existing trade names acquired were as follows: royalty rate of 2.0%, discount rate of 17.5%, and a tax rate of 40.0%. The trade names are expected to be used indefinitely and the value includes a terminal value, based on a long-term sustainable growth rate of 3.5%, of the after-tax royalty savings determined using a form of the Gordon Growth model.
	The “with and without” method was used to value the non-compete agreement which will be amortized over three years.
	Acquisition of ESCO Energy Services Company
	On October 17, 2014, the Company completed its acquisition of ESCO Energy Services Company. Under the terms of the stock purchase agreement, ForceField paid $7.7 million in consideration in exchange for all of the equity of ESCO Energy Services. The purchase consideration was comprised of the following:
	●	A cash payment of $1,000,000 to the seller;
	●	The issuance of 366,845 shares of the Company’s restricted common stock to the seller and 87,700 the Company’s restricted common stock to certain employees of ESCO valued at $2.7 million, net of put costs;
	●	The issuance of two secured promissory notes to the seller by the Company consisting of a $2.075 million note bearing interest at 6.02% per annum due in April 2016 and a $1.075 million note due on November 16, 2014. In addition, the Company recorded a liability to the ESCO employees that received restricted common stock in the aggregate amount of $850,000 (of which $425,000 is payable upon the maturity of the $2.075 million note and the remaining $425,000 is payable upon the maturity of the $1.075 million note).
	The $2.075 million note is secured by 687,500 shares of restricted common stock, pursuant to a stock pledge agreement between the Company and the seller. The $1.075 million note is secured by all of the assets of ESCO. All of the promissory notes and employee liabilities may be repaid before maturity without any prepayment penalty to the Company. On the date of closing, the Company paid approximately $1.5 million in cash to retire all of the bank debt on ESCO’s balance sheet.
	Pursuant to the stock purchase agreement, the seller will have the opportunity to earn up to $5.0 million in additional purchase consideration if certain EBITDA thresholds are achieved over rolling, three-year post-closing period. The earn-out payments, if made, shall be equally allocated between cash and restricted common stock.
	Fair Value of Consideration Transferred and Recording of Assets Acquired
	The following table summarizes the acquisition date fair value of the consideration paid, identifiable assets acquired, and liabilities assumed including an amount for goodwill:
	Consideration Paid:
	Cash and cash equivalents		$	1,000,000
	Common stock, 454,545 shares of ForceField common stock, net of put cost of $189,227			2,683,497
	Senior, secured promissory notes, net of discount of $85,461			3,064,539
	Accrued consideration allocated to employees			850,000
Line of credit payoff			1,480,355
Contingent purchase consideration			2,685,000
Fair value of total consideration		$	11,763,391
Recognized amount of identifiable assets acquired and liabilities assumed:
Financial assets:
Cash and cash equivalents		$	65,998
Accounts and retainage receivables			2,395,769
Prepaid and other assets			48,635
Property and equipment			142,573
Identifiable intangible assets:
Production backlog			292,000
Customer relationships			1,515,000
Trade name			2,859,000
Financial liabilities:
Accounts payable and accrued liabilities			(1,202,704	)
Contracts in process			(567,375	)
Notes payable			(25,795	)
Related party payable, noncurrent			(475,000	)
Deferred tax liabilities			(1,943,202	)
Total identifiable net assets			3,104,899
Goodwill			8,658,492
		$	11,763,391
In determining the fair value of the common stock issued, the Company considered, among other factors, the discount to the market price of the shares that a market participant would most likely take due to the minimum six month holding period. In order to estimate a discount from the traded price, the Company calculated the cost of a hypothetical put option. A put option grants the owner the right, but not the obligation to sell a specified number of shares at a specified price within a specified time. It constructed the hypothetical put with the strike price equal to the traded price at the measurement date so that it would act as price protection for the unregistered shares. Using the Black-Scholes Model, the Company calculated the cost of a hypothetical put option at $.4163 per share, based on the following inputs: a current share and strike price of $6.33; a term of 0.5 years; a risk free rate of 0.5%; and volatility 23.4%. The Company reduced the fair value of the common shares by $189,227 based on the hypothetical cost of a put to account for the volatility of the stock and the six month minimum holding period.
In determining the fair value of the promissory notes issued, the Company considered, among other factors, the market yields on debt securities depending on the time horizon and level of perceived risk of the specific investment. The Company arrived at an estimated market rate of 9% and calculated the present value of the $2,075,000 promissory note and its related interest to be $1,989,539. As a result, the Company recorded a discount against the promissory notes of $85,461. The discount is being amortized using the effective interest method over the life of the notes. For the year ended December 31, 2014, the Company recorded $8,940 in interest expense related to the note discount. The remaining discount balance at December 31, 2014 was $76,521.
Goodwill represents the future economic benefit arising from other assets acquired that could not be individually identified and separately recognized. The goodwill arising from the acquisition is attributable to the value of the potential expanded market opportunity with new customers. The goodwill is not expected to be deductible for tax purposes.
In determining the purchase price allocation, the Company considered, among other factors, how a market participant would likely use the acquired assets. The estimated fair value of intangible assets was based on the income approach. The income approach requires a projection of the cash flow that the asset is expected to generate in the future. The projected cash flow is discounted to its present value using a rate of return, or discount rate, which accounts for the time value of money and the degree of risk inherent in the asset. The expected future cash flow that is projected should include all of the economic benefits attributable to the asset, including the tax savings associated with the amortization of the intangible asset value over the tax life of the asset. The income approach may take the form of a “relief-from-royalty” methodology, a cost savings methodology, a “with and without” methodology, or excess earnings methodology, depending on the specific asset under consideration.
The “relief-from-royalty” method was used to value the trade names acquired from ESCO. The “relief-from-royalty” method estimates the cost savings that accrue to the owner of an intangible asset that would otherwise be required to pay royalties or license fees on revenues earned through the use of the asset. The royalty rate used is based on an analysis of empirical, market-derived royalty rates for guideline intangible assets. Typically, revenue is projected over the expected remaining useful life of the intangible asset. The key assumptions in the prospective cash flows include a 29% compound annual sales growth rate over the five year period subsequent to the acquisition. The royalty rate is then applied to estimate the royalty savings. The key assumptions used in valuing the existing trade names acquired were as follows: royalty rate of 2.0%, discount rate of 16.6%, and a tax rate of 40.0%. The trade names are expected to be used indefinitely and the value includes a terminal value, based on a long-term sustainable growth rate of 3.5%, of the after-tax royalty savings determined using a form of the Gordon Growth model.
Pro Forma Information
The following unaudited supplemental pro forma information assumes the 2014 and 2013 acquisitions referred to above had been completed as of January 1, 2013 and is not indicative of the results of operations that would have been achieved had the transactions been consummated on such date or of results that might be achieved in the future.
		Year Ended December 31, 2014			Year Ended December 31, 2013
Revenues		$	15,653,930		$	13,754,351
Income (loss) from operations		$	(4,338,088	)	$	838,757
Net income (loss)		$	(3,964,933	)	$	578,367

9_GOODWILL_AND_INTANGIBLE_ASSE

9. GOODWILL AND INTANGIBLE ASSETS, NET	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS, NET	The following table sets forth the changes in the carrying amount of the Company’s goodwill for the years ended December 31, 2014:
		2014
	Balance, January 1	$	-
	Acquisition of Catalyst LED's LLC		229,850
	Acquisition of 17th Street ALD Management Corp.		3,500,089
	Acquisition of ESCO Energy Services Company		8,658,492
	Balance, December 31	$	12,388,431
	The following table sets forth the components of the Company’s intangible assets at December 31, 2014:
		Amortization Period (Years)		Cost		Accumulated Amortization			Net Book Value
	Intangible assets subject to amortization:
	Customer relationships		4	$	1,515,000	$	(78,906	)	$	1,436,094
	Distribution and license rights		5		955,000		(366,917	)		588,083
	Production backlog		0.5		400,000		(229,666	)		170,332
	Non-compete agreements		3		265,000		(58,889	)		206,111
	Technology		15		1,583,000		(250,642	)		1,332,358
	Subtotal				4,718,000		(985,020	)		3,732,980
	Intangible assets not subject to amortization:
	Trade names		-		4,244,000		-			4,244,000
	Total			$	8,962,000	$	(985,020	)	$	7,976,980
	On December 7, 2014, we signed a five year exclusive licensing agreement with Bridgewater, New Jersey based Noveda Technologies Inc., a leader in cloud-based, real-time energy and water management systems for Noveda’s Intelligent Lighting Management Technology incorporating integrated measurement and verification for use in all LED applications. Under the terms of licensing agreement we paid $175,000 to retain exclusive rights for the use of Noveda’s IntelliNET™ Luminaire Management System (LMS) in LED lighting applications.  The license right are being amortized over the five year term of the agreement
	The Company recorded amortization expense for intangible assets subject to amortization of $544,734 during the successor period of April 26, 2014 through December 31, 2014. No amortization expense was recorded during the predecessor periods in 2014 and 2013.
	The following table provides information regarding estimated amortization expense for intangible assets subject to amortization for each of the following years ending December 31:
	2015	$	933,950
	2016		763,617
	2017		652,727
	2018		440,377
	2019		137,617
	Thereafter		804,692
		$	3,732,980

10_OTHER_ASSETS

10. OTHER ASSETS	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	The following table sets forth the components of the Company’s other assets at December 31, 2014 and 2013:
		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Deferred Financing Costs	$	174,375	$	-
	Deposits		11,527		-
	Total	$	185,902	$	-

11_ACCRUED_LIABILITIES

11. ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2014
Accrued Liabilities
ACCRUED LIABILITIES	The following table sets forth the components of the Company’s accrued liabilities at December 31, 2014 and 2013:
		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Accrued compensation and payroll related costs	$	325,906	$	217,858
	Accrued finder's fees and other financing costs		371,500		-
	Accrued interest expense		224,566		-
	Current portion of purchase consideration related to ESCO acquisition		425,000		-
	Customer advances and deferred revenue		32,400		-
	Other accrued expenses and liabilities		90,045		63,155
	Reserve for losses on contracts in process		47,841		-
	Total	$	1,517,258	$	281,013

12_RELATED_PARTY_PAYABLES

12. RELATED PARTY PAYABLES	12 Months Ended
	Dec. 31, 2014
Related Party Payables
RELATED PARTY PAYABLES	During 2014, the Company’s subsidiary ESCO Energy Services received loan proceeds totaling $507,500 from its chief executive officer. All of the loans proceeds, with the exception of $32,500, were made prior to the Company’s acquisition of ESCO. The loans are unsecured and were made for an undefined term and on an interest free basis.

13_OTHER_NONCURRENT_LIABILITIE

13. OTHER NONCURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2014
Other Noncurrent Liabilities
OTHER NONCURRENT LIABILITIES	The following table sets forth the components of the Company’s other noncurrent liabilities at December 31, 2014:
		31-Dec-14
	Noncurrent portion of purchase consideration related to ESCO acquisition	$	425,000
	Unrecognized tax benefits		67,712
	Total	$	492,712

14_INCOME_TAXES

14. INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	The following table sets forth the components of the Company’s income tax expense (benefit) for the years ended December 31, 2014 and 2013.
			Successor				Predecessor
			December 31,				December 31,
			2014				2013
	Current:
	Federal		$	-			$	7,754
	State and local			12,778				7,999
	Foreign			-				-
	Total current			12,778				15,753
	Deferred:
	Federal			(300,508	)			171,111
	State and local			(51,376	)			50,270
	Foreign			-				-
	Total deferred			(351,884	)			221,381
	Total		$	(339,106	)		$	237,134
	During the predecessor period of January 1, 2014 through April 25, 2014, the Company recorded income tax expense of $2,100, all of which was related to state and local taxes.
	The following table sets forth a reconciliation of the Company’s income tax expense (benefit) at the federal statutory rate to recorded income tax expense (benefit) for the years ended December 31, 2014 and 2013.
		Successor				Predecessor
		December 31,				December 31,
		2014				2013
	Federal statutory rate	34		%		34		%
	State and local taxes	5.24		%		6.93		%
	Foreign rate differential	(0.82	)	%		0		%
	Change in valuation allowance	1.87		%		0		%
	Change in deferred tax rate	(10.17	)	%		0		%
	Tax benefit from divestment of business	(21.50	)	%		0		%
	Other	(2.75	)	%		0.37		%
	Total	11.37		%		41.3		%
	The following tables set forth the components of the Company’s income taxes payable as of December 31, 2014 and 2013.
			Successor				Predecessor
			December 31,				December 31,
			2014				2013
	Federal		$	-			$	4,687
	State and local			27,902				4,331
	Foreign			-				-
	Total current		$	27,902			$	9,018
	The following tables set forth the components of the Company’s deferred income taxes as of December 31, 2014 and 2013.
			Successor				Predecessor
			December 31,				December 31,
			2014				2013
	Current deferred tax assets (liabilities):		$				$
	Accrued vacation			-				30,317
	Bad debt and other allowances			51,525				61,065
	State taxes			-				272
	Less: Valuation allowance			(51,525	)			-
	Total current deferred tax asset (liability)			-				91,654
	Noncurrent deferred tax assets (liabilities):
	Intangible assets			(2,336,080	)			753,139
	Fixed assets			(8,520	)			(3,281	)
	Net operating loss carryforwards			3,797,043				-
	Long-term liability for contingent earn-out and others			171,325				-
	Other			-				16,279
	Less: Valuation allowance			(3,578,616	)			-
	Total noncurrent deferred tax asset (liability)			(1,954,848	)			766,137
	Total deferred tax asset (liability)		$	(1,954,848	)		$	857,791
	As of December 31, 2014, the Company had federal, state and foreign net operating loss carryforwards aggregating approximately $8,885,000 that are available to offset future liabilities for income taxes. The Company has generally established a valuation allowance against these carryforwards based on an assessment that it is more likely than not that these benefits will not be realized in future years. The federal and state net operating loss carryforwards expire at various dates through 2034.
	The Company remains subject to examination in federal, state and foreign jurisdictions in which the Company conducts its operations and files tax returns. These tax years range from 2011 through 2014. The Company believes that the results of current or any prospective audits will not have a material effect on its financial position or results of operations as adequate reserves have been provided to cover any potential exposures related to these ongoing audits.
	The Company has made its assessment of the level of tax authority for each tax position (including the potential application of interest and penalties) based on the technical merits, and has measured the unrecognized tax benefits associated with the tax positions. As of December 31, 2014 and 2013, the Company had additional unrecognized tax benefits of $16,486 and $12,374, respectively, that mainly related to state and city tax. The unrecognized tax benefit is recorded as non-current liabilities because the related payment is not anticipated within one year of the balance sheet date. The Company classifies interest and/or penalties related to income tax matters in interest expense. A reconciliation of the beginning and ending amount of unrecognized tax benefits for 2014 and 2013 is as follows:
	Balance, December 31, 2012		$	28,702
	Additions			12,374
	Interest and penalties			4,261
	Balance, December 31, 2013			45,337
	Additions			16,486
	Interest and penalties			5,889
Balance, December 31, 2014		$	67,712

15_DEBT

15. DEBT	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
DEBT	Unsecured, Convertible Debentures
	The following tables set forth the components of the Company’s unsecured, convertible debentures at December 31, 2014:
		31-Dec-14
	7% Convertible debentures	$	3,210,000
	9% Convertible debentures		200,000
	Loan discounts		(410,334	)
	Total convertible debentures, net		2,999,666
	Less: Current portion of convertible debentures, net		50,000
	Noncurrent portion of convertible debentures net	$	2,949,666
	The following table summarizes the issuance of all convertible debentures during the years ended December 31, 2014 and 2013:
	Issue Date	Interest Rate		Face Value	Maturity Date	Conversion Rate to Face Value of Common Shares
	2/11/13	9.00%		$50,000	2/11/16	16.70%
	8/1/13	9.00%		$100,000	7/31/16	16.70%
	9/25/13	9.00%		$50,000	9/24/16	16.70%
	10/22/13	9.00%		$50,000	10/21/16	16.70%
	11/4/13	9.00%		$500,000	11/3/16	16.70%
	12/5/13	7.00%		$50,000	12/4/16	11.10%
	12/16/13	9.00%		$250,000	12/15/16	16.70%
	12/26/13	9.00%		$750,000	12/25/16	16.70%
	12/27/13	7.00%		$50,000	12/26/16	11.10%
	12/27/13	7.00%		$50,000	12/26/16	11.10%
	1/13/14	7.00%		$50,000	1/12/17	14.30%
	2/11/14	9.00%		$250,000	2/10/17	20.00%
	9/24/14	9.00%		$500,000	9/23/17	16.70%
	10/31/14	9.00%		$610,000	3/31/16	18.20%
	12/5/14	9.00%		$100,000	12/4/17	16.70%
	During the year ended December 31, 2013, the Company privately placed a series of unsecured, convertible debentures with accredited investors for gross proceeds of $1,900,000. The debentures carry interest rates ranging between 7% and 9% per annum, payable semiannually in cash, for a three-year terms with fixed conversion prices ranging from $5.00 to $7.00 per share if converted within the first year of issuance or fixed conversion prices ranging from $6.00 to $9.00 if converted during the second or third year following issuance. At December 31, 2013, the underlying common stock to these convertible debentures totaled 330,834 shares.
	During the year ended December 31, 2014, the Company privately placed a series of unsecured, convertible debentures with accredited investors for gross proceeds of $900,000 (of which $300,000 was raised during the predecessor period of January 1 through April 25, 2014). The debentures carry interest rates ranging between 7% and 9% per annum, payable semiannually in cash, for a three-year terms with fixed conversion prices ranging from $5.00 to $7.00 per share if converted within the first year of issuance or fixed conversion prices ranging from $6.00 to $9.00 if converted during the second or third year following issuance.
	On October 15, 2014, the Company converted, upon receiving formal notice from a noteholder, $50,000 in note principal, plus accrued interest, into 10,450 shares of restricted common stock.
	On October 31, 2014, the Company issued an unsecured, convertible debenture for $610,000 to an accredited investor. The debenture carries an interest rate of 9% per annum for a seventeen-month term with a fixed conversion price of $5.50 per share. The principal and interest are payable in twelve equal installments commencing April 30, 2015. The investor received 15,000 shares of the Company’s common stock valued at $95,100 as consideration for entering into the debenture agreement.
	On November 10, 2014, the Company repaid $100,000 in principal to a noteholder upon the convertible security’s maturity.
	At December 31, 2014, the underlying common stock to these convertible debentures totaled 604,561 shares.
	All of the convertible promissory debentures issued in 2014 and 2013 were analyzed at the time of their issuance for a beneficial conversion feature. In some instances, the Company concluded that a beneficial conversion feature existed. The beneficial conversion features were measured using the commitment-date stock price and were determined to aggregate $524,354. This amount is recorded as a debt discount and is amortized as interest expense over the term of the related convertible debentures. The debt discount associated with these beneficial conversion features was $410,334 and nil as of December 31, 2014 and December 31, 2013, respectively. The related amortization expense was $105,393 and nil for the years ended December 31, 2014 and 2013, respectively.
	The Company has analyzed the convertible debentures for derivative accounting consideration and determined that derivative accounting does not apply.
	Loans Payable
	On September 5, 2014, the Company received $130,000 from a third party in the form of a demand loan bearing interest at a rate of 9% per annum.
	The remaining loans payable were made by several financial institutions and are due in aggregate monthly installments of $1,950 (including interest ranging from 1.90% through 4.00%). These loans are collateralized by ESCO’s transportation equipment.
	Related Party Loans Payable
	On June 10, 2014, ForceField’s executive chairman loaned the Company $75,000 for an undefined term on an interest free basis. This loan was repaid with the issuance of 15,000 shares of the Company’s common stock on July 30, 2014.
	On October 16, 2014, ForceField’s chief financial officer loaned the Company $15,000 for an undefined term on an interest free basis. This loan was repaid in full on October 17, 2014.
	Senior, Secured Promissory Notes
	The following tables set forth the components of the Company’s senior, secured promissory notes at December 31, 2014:
		31-Dec-14
	Promissory notes	$	4,330,355
	Loan discounts		(88,518	)
	Total promissory notes, net		4,241,837
	Less: Current portion of convertible debentures, net		2,243,358
	Noncurrent portion of convertible debentures net	$	1,998,479
	On October 13, 2014, the Company received $1,000,000 in loan proceeds from an accredited investor pursuant to the terms of a secured promissory note. The promissory note was due and payable in full by the Company on December 5, 2014. As consideration for loaning these proceeds to the Company, the investor will receive a $40,000 interest payment along with the principal on the December 5, 2014 maturity date. This loan was secured by 1,000,000 shares of the Company’s common stock owned by its executive chairman, Richard St Julien. On December 26, 2014, the Company repaid all principal and accrued interest amounts associated with this promissory note.
	On October 17, 2014, the Company issued two secured promissory notes to the stockholder of ESCO Energy Services Company in connection with the acquisition. The first note totaled $2.075 million, bears interest at 6.02% per annum and is due in April 17, 2016. The note is collateralized by 687,500 restricted shares of the Company’s common stock which under no circumstances can become free trading prior to its maturity date. The second note totaled $1.075 million and was due on November 16, 2014 along with an interest payment of $45,000. At December 31, 2014, all but $255,355 of the principal balance was repaid. The note is collateralized by all of the assets of ESCO. On April 3, 2015, the Company entered into a note amendment and security interest termination agreement with the stockholder to amend and extend the original terms (see Note 20 – Subsequent Events).
	On December 21, 2014, the Company received $1,000,000 in loan proceeds from an accredited investor pursuant to the terms of a secured promissory note. The promissory note is due and payable in full by the Company on March 5, 2015 and is secured by 1,000,000 shares of the Company’s common stock owned by its executive chairman, Richard St Julien. As consideration for loaning these proceeds to the Company, the investor will receive a $50,000 interest payment along with the principal on the March 5, 2015 maturity date. On March 31, 2015, the Company agreed to exchange 181,818 shares with an equal number of common stock purchase warrants in lieu of cash to satisfy a $1.0 million promissory note payment owed to the noteholder (See Note 20 – Subsequent Events).
	Maturities of the Company’s borrowings for each of the next five years are as follows:
	2015	$	2,905,499
	2016	$	4,083,575
	2017	$	904,309
	2018	$	-
	2019	$	-

16_MANDATORILY_REDEEMABLE_NONC

16. MANDATORILY REDEEMABLE NON-CONVERTIBLE CUMMULATIVE PREFERRED STOCK	12 Months Ended
	Dec. 31, 2014
Mandatorily Redeemable Non-convertible Cummulative Preferred Stock
MANDATORILY REDEEMABLE NON-CONVERTIBLE CUMMULATIVE PREFERRED STOCK	Prior to being acquired on April 25, 2014, American Lighting, the predecessor company, was authorized to issue 1,000,000 shares of mandatorily redeemable non-convertible cumulative preferred stock ("Preferred Stock"). In 2003, the Company issued 410,000 shares of its Preferred Stock, of which 294,480 had been redeemed as of December 31, 2013. The following are descriptions of rights and privileges of the Preferred Stock:
	Dividend Provisions
	The holders of Preferred Stock were entitled to receive cumulative, preferential dividends on outstanding shares at a rate of 8%, compounded on a quarterly basis until declared and paid. Such dividends were payable in preference to any dividends for common stock declared by the ALD Board of Directors. When the preferred stock dividends were not declared or paid, the 8% preferential dividend was accreted and added to the value of the Preferred Stock. During the predecessor period of January 1 to April 25, 2014 and the year ended December 31, 2013, the Company accreted and paid/declared dividends of $31,054 and $139,436, respectively.
	Voting rights
	Preferred Stock carried no voting rights, except the stockholders had the right to vote for each share on matters of amending the Certificate of Incorporation regarding Preferred Stock rights or the issuance of additional in-parity or senior shares.
	Redemption feature
	The terms of the Preferred Stock required that the Company redeem, and the holders of the outstanding Preferred Stock shall sell to the Company, outstanding Preferred Stock for an amount per share equal to the Preferred Stock stated value plus any unpaid cumulative dividends earned. In the event that the Company has "Net Cash Flow" (an amount calculated as 56.25% of the Company's net income, after provision for income taxes at an assumed annual rate of 43.84%, plus depreciation, plus amortization, plus any negative change in working capital, less any positive change in working capital, and less capital expenditures), mandatory redemption on a pro rata basis must be made annually, within 90 days of the Company's fiscal year end, until all of the shares of Preferred Stock issued and outstanding had been redeemed. During the year ended December 31, 2013, the Company redeemed shares with a total value of $1,944,582. Under the Preferred Stock terms, the redemption represented a liability of American Lighting. At December 31, 2013, the Company had recorded a liability of $1,209,891.
	On April 25, 2014, concurrent with the closing of the ALD acquisition, all obligations related to the mandatorily redeemable non-convertible cumulative preferred stock were fully satisfied.

17_STOCKHOLDERS_EQUITY

17. STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
STOCKHOLDERS' EQUITY	Preferred Stock
	The Company is authorized to issue 12,500,000 shares of preferred stock at a par value of $0.001. No shares of preferred stock were issued and outstanding as of either December 31, 2014 or 2013.
	Common Stock
	The Company is authorized to issue 37,500,000 shares of common stock at a par value of $0.001 and had 19,200,005 shares of common stock issued and 17,737,908 shares of common stock, net of shares held in treasury, outstanding as of December 31, 2014.
	Common Stock Issued in Private Placements
	On February 14, 2014, the Company’s board of directors approved a private placement memorandum offering up to 110 units at $50,000 per unit, or $5,500,000. Each unit was comprised of a maximum number of 12,500 shares of restricted common stock and a number of warrants of which the number of warrant shares cannot exceed the number of common stock issued.
	During the successor period of April 26, 2014 to December 31, 2014, the Company issued 540,722 common shares and stock purchase warrants for gross proceeds of $2,692,500 under this private placement equity offering. The cost of these issuances was $220,750. The stock purchase warrants have been accounted for as equity in accordance with FASB ASC 480, Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock, Distinguishing Liabilities from Equity. Using the Black-Scholes model, the Company allocated a relative fair value of $578,170 to these stock purchase warrants.
	During the period of January 1, 2014 to April 25, 2014, the Company accepted subscription agreements from investors and issued 167,778 shares of its common stock and stock purchase warrants for gross proceeds totaling $825,000. The cost of these issuances was $82,500. The stock purchase warrants have been accounted for as equity in accordance with ASC 480. Using the Black-Scholes model, the Company allocated a relative fair value of $154,679 to these stock purchase warrants.
	During the year ended December 31, 2013, the Company accepted subscription agreements from investors and issued 830,250 shares of its common stock and 842,750 stock purchase warrants for gross proceeds totaling $ 3,321,000. The cost of these issuances was $332,100. The stock purchase warrants have been accounted for as equity in accordance with ASC 480. Using the Black-Scholes model, the Company allocated a relative fair value of $1,139,550 to these stock purchase warrants.
	The cumulative number and value of these share issuances that occurred prior to the successor period commencing April 26, 2014 are reflected in the beginning balances of the Company’s Consolidated Statement of Stockholders' Equity (Successor).
	Common Stock Issued in Exchange for Consulting, Professional and Other Services
	During successor period of April 26, 2014 to December 31, 2014, the Company issued 22,621 shares of its common stock in exchange for various services. A total number of 6,378 shares valued at $36,000 were issued to the Company’s three independent directors per the terms of their director compensation agreements, and 16,000 common shares valued at were issued to four contractors as compensation for their services with a fair value of $97,140. The Company also issued 150 shares with a fair value of $927 in promotional activities to an attendee of a financing event hosted by the Company. The Company has discontinued its policy of awarding its common shares for such promotional activities. Lastly, the Company issued 93 additional shares with a fair value of $590 for interest to a noteholder in connection with the conversion of their debenture into common stock.
	During the period of January 1, 2014 to April 25, 2014, the Company issued 11,609 shares of its common stock in exchange for various services. A total number of 6,084 shares valued at $36,000 were issued to the Company’s three independent directors per the terms of their director compensation agreements, and 5,000 common shares valued at were issued to an employee as compensation with a fair value of $26,300. The Company also issued 525 shares with a fair value of $3,166 in promotional activities to an attendee of a financing event hosted by the Company.
	During the year ended December 31, 2013, the Company issued 28,716 shares of its common stock in exchange for various services. A total number of 14,832 shares valued at $78,000 were issued to three independent directors per the terms of the compensation agreements, and 6,620 common shares were issued to four contractors as compensation for their services with a fair value of 34,692. The Company also issued 7,264 shares with a fair value of $38,076 in promotional activities to attendees of various financing events hosted by the Company.
	The cumulative number and value of these share issuances that occurred prior to the successor period commencing April 26, 2014 are reflected in the beginning balances of the Company’s Consolidated Statement of Stockholders' Equity (Successor).
	Each share issuance made in exchange for services was valued based upon the trading price of the Company’s common stock on its respective date of award.
	Common Stock Issued in Lieu of Cash for Loans Payable and Other Accrued Obligations
	On July 30, 2014, the Company issued 30,000 shares of its restricted common stock to its Executive Chairman in lieu of cash to satisfy a loan payable and accrued compensation aggregating $150,000. On September 17, 2014, the Company issued 14,063 of its restricted common stock in lieu of cash to satisfy accrued interest on a convertible debenture totaling $56,250 due to its holder.
	Common Stock Issued upon Entering a Letter of Intent to Acquire a Business
	On July 28, 2014, the Company issued 25,000 shares of its restricted common stock valued at $5.48 per share, or $137,000, upon entering into a non-binding letter of intent to acquire the business of Noveda Technologies Inc.
	Common Stock Issued in the Acquisition of a Business
	On February 2, 2014, the Company issued 5,000 shares of its restricted common stock valued at $5.97 per share, or $29,850, in connection with its acquisition of Catalyst’s assets. On April 25, 2014, the Company issued 289,529 shares of its restricted common stock valued at $5.69 per share less a put cost of $178,466, or $1,468,954, in connection with its acquisition of American Lighting’s stock.
	The cumulative number and value of these share issuances that occurred prior to the successor period commencing April 26, 2014 are reflected in the beginning balances of the Company’s Consolidated Statement of Stockholders' Equity (Successor).
	On October 17, 2014, the Company issued 454,545 shares of its restricted common stock valued at $6.32 per share less a put cost of $189,227, or $2,683,497, in connection with its acquisition of ESCO’s stock.
	Common Stock Issued for Acquisition Costs
	On July 28, 2014, the Company issued 20,000 non-refundable shares of its restricted common stock valued at $5.48 per share, or $109,600, for acquisition costs upon entering into a letter of intent to acquire the business of ESCO Energy Services Company.
	Conversion of Convertible Promissory Note in Common Stock
	On October 15, the Company converted, upon receiving formal notice from a noteholder, $50,000 in note principal, plus accrued interest, into 10,357 shares of restricted common stock.
	Stock Purchase Warrants
	The following table reflects all outstanding and exercisable warrants at December 31, 2014. All stock warrants are exercisable for a period of one year from the date of issuance.
			Number of Warrants Outstanding			Weighted Average Exercise Price			Remaining Contractual Life (Years)
	Balance, December 31, 2012			562,750		$	4			0.71
	Warrants issued			842,750			4			0.79
	Warrants exercised			(93,750	)		4			-
	Warrants forfeited			(481,500	)		4			-
	Balance, December 31, 2013			830,250		$	4			0.8
	Warrants issued			708,500			4.8			0.64
	Warrants exercised			(560,250	)		4			-
	Warrants forfeited			(245,000	)		4			-
	Balance, December 31, 2014			733,500		$	4.8			0.61
	The remaining contractual life of the warrants outstanding as of December 31, 2014 ranges from 0.26 to 1.00 years.
	During the successor period of April 26, 2014 to December 31, 2014, the Company received gross proceeds totaling $2,175,000 and issued 543,750 shares of its common stock following the exercise of an equal amount of stock purchase warrants. The cost of these issuances was $217,500.
	During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, the Company received gross proceeds totaling $66,000 and $375,000, respectively, and issued 16,500 and 93,750 shares, respectively, of its common stock following the exercise of an equal amount of stock purchase warrants. The cost of these issuances was $6,600 and $37,500, respectively. The cumulative number and value of these share issuances that occurred prior to the successor period commencing April 26, 2014 are reflected in the beginning balances of the Company’s Consolidated Statement of Stockholders' Equity (Successor).
			For the Years Ended,
			2014			2013
	Expected divident yield (1)			0	%		0	%
	Risk free interest rate (2)			0.09 - 0.26	%		0.09 - 0.15	%
	Expected volatility (3)			29.63 - 32.76	%		16.69 - 145.28	%
	Expected life (in years)			1			1
	_________
	-1	The Company has no history or expectation of paying cash dividends on its common stock.
	-2	The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of the awards in effect at the time of grant.
	-3	The volatility of the Company’s common stock is based on trading activity for the previous one year period ended at each stock purchase warrant contract date.
	Common Stock Held in Treasury at Cost
	On February 19, 2014, the Company reacquired 1,462,097 shares of its common stock in the divestiture of the 60% equity investment in its former China based subsidiary, Wendeng He Xie Silicon Co., Ltd. The common stock is held in treasury by the Company.

18_COMMITMENTS_AND_CONTINGENCI

18. COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	ForceField leases its principal offices in New York at an annual base cost of approximately $4,400.
	The Company leases two additional properties. The first is for administrative office space totaling approximately 1,000 square feet located in Escazu, Costa Rica. The lease is for a three year term with monthly base rents of $2,160. The second is also for administrative office space totaling approximately 1,350 square feet located in Florida. The lease is for a three year term with monthly base rents of $1,742.
	During the successor period of April 26, 2014 to December 31, 2014, total rent and lease expenses amounted to $212,241. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, rent and lease expenses amounted to $67,534 and $179,462, respectively. As of December 31, 2014, future minimum rental payment is $181,789 for 2015.
	The future minimum payment obligations as of December 31, 2014 for operating leases are as follows:
	2015	$	181,789
	2016	$	85,023
	2017	$	36,912
	Total future payment obligations	$	303,724
	On April 28, 2014, TransPacific Energy Inc., Karen Kahn, Alexander Goldberg, John Howard, Audrey Boston, Anne Howard (“Howard”), ACME Energy, Inc. (“Acme”), and Samuel Sami (“Sami”) (collectively, the “Plaintiffs”) filed suit against ForceField Energy, Inc. in the Superior Court of the State of California for the County of San Diego, in a case styled  TransPacific Energy, Inc. et al. v. ForceField Energy, Inc., Case No. 37-2014-00013110-CU-BC-CTL (Cal. Super. Ct. filed April 28, 2014) (the “Lawsuit”). In the Lawsuit, Plaintiffs claimed various breaches by ForceField of the Share Exchange Agreement dated May 10, 2012 between ForceField, Acme, Apela Holdings, and ABH Holdings, and sought unspecified damages in excess of $25,000. ForceField filed a motion to compel the Lawsuit to arbitration.
	On July 14, 2014, ForceField commenced an arbitration proceeding against TPE, Anne Howard, Samuel Sami, and ACME Energy, Inc. (collectively, the “Respondents”) before the American Arbitration Association in New York City styled ForceField Energy, Inc. v. TransPacific Energy, Inc., et al v. ForceField Energy, Inc., et al, AAA Case No. 01-14-0000-9289 (the “Arbitration”).  In the Arbitration, ForceField asserted various claims for breach of the Share Exchange Agreement, which materially harmed the value of ForceField’s investments in TPE. Respondents filed counterclaims in the Arbitration similar in substance to the claims they asserted in the Lawsuit.
	On March 5, 2015, the parties entered into a written settlement agreement (“Agreement”) that resolved all claims and counterclaims asserted in both the Lawsuit and the Arbitration. Pursuant to the Agreement, both the Lawsuit and the Arbitration have each been dismissed with prejudice.
	ForceField has entered into various engagement agreements for advisory and consulting services on a non-exclusive basis to obtain equity capital. In the event that the Company completes a financing from a funding source provided by one of the consultants, then such consultant will receive a finders or referral fee at closing ranging from five percent (5%) to ten percent (10%) of the amount received by the Company. The terms and condition of financing are subject to Company approval.

19_SEGMENT_INFORMATION

19. SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
SEGMENT INFORMATION	The Company’s operations are comprised of three reportable segments for financial reporting purposes. The LED segment includes the operations of ForceField USA Inc., ForceField Energy SA, 17th Street ALD Management Corp. and ESCO Energy Services Company, all of which are also reporting units. Collectively, these businesses sell, distribute and install energy efficient, commercial lighting products. The ORC segment includes the operations of TransPacific Energy, Inc., which is also a reporting unit. The company designs and installs proprietary modular Organic Rankine Cycle units utilizing patented multiple refrigerant mixtures to maximize heat recovery and convert waste heat directly from industrial processes, solar and geothermal, biomass converting it into electrical energy. The Corporate segment includes the operations, all of which are administrative or executive, of ForceField Energy Inc. and SunSi Energies Hong Kong Limited.
	The Company utilized several criteria, including (i) the Company’s organizational structure, (ii) the manner in which the Company’s operations are managed, (iii) the criteria used by the Company’s Chief Executive Officer, the Chief Operating Decision Maker (CODM), to evaluate segment performance and (iv) the availability of separate financial information, as a basis to identify its operating segments.
	The Company’s CODM reviews financial information presented on a consolidated basis, accompanied by disaggregated information by segment for purpose of evaluating financial performance.
	Segment Results
	The following table sets forth the Company’s operations by segment for the successor period of April 26, 2014 through December 31, 2014:
		LED			ORC			Corporate			Total
	Sales	$	7,519,803		$	-		$	-		$	7,519,803
	Cost of goods sold		5,146,001			-			-			5,146,001
	Gross margin		2,373,802			-			-			2,373,802
	Operating expenses:
	Depreciation and amortization		486,320			70,356			3,195			559,871
	Selling and marketing		731,643			1,852			-			733,495
	General and administrative		1,808,750			15,915			1,411,605			3,236,270
	Professional fees		8,021			68,785			831,326			908,132
	Total operating expenses		3,034,734			156,908			2,246,126			5,437,768
	Income (loss) from operations		(660,932			(156,908	)		(2,246,126	)		(3,063,966	)
	Other income (expense)
	Interest expense, net		(1,825	)		69			(462,178	)		(463,934	)
	Other gains (losses)		545,000			-			-			545,000
	Total other income (expense)		543,175			69			(462,178	)		81,066
	Income (loss) before income taxes		(117,757	)		(156,839	)		(2,708,304	)		(2,982,900	)
	Provision for income taxes (benefit)		(186,217	)		(160,356	)		7,467			(339,106	)
	Net income (loss)	$	68,460		$	3,517		$	(2,715,771	)	$	(2,643,794	)
	Operating segments do not sell products to each other, and accordingly, there is no inter-segment revenue to be reported. All operations reported in the predecessor periods are attributable to the Company’s LED segment.
	Total Assets
	The following table sets forth the Company’s total assets by segment at December 31, 2014 and 2013:
		LED			ORC			Corporate			Total
	Total assets:
	2014	$	25,524,755		$	1,401,866		$	687,399		$	27,614,020
	2013	$	4,455,517		$	-		$	-		$	4,455,517
	Goodwill, Intangible and Long-Lived Assets
	The following table sets forth the carrying amount of the Company’s goodwill by segment at December 31, 2014 and 2013:
		LED			ORC			Corporate			Total
	Goodwill:
	2014	$	12,388,431		$	-		$	-		$	12,388,431
	2013	$	-		$	-		$	-		$	-
	Intangible assets:
	2014	$	6,644,622		$	1,332,358		$	-		$	7,976,980
	2013	$	-		$	-		$	-		$	-
	Property and equipment:
	2014	$	151,949		$	-		$	15,882		$	167,831
	2013	$	11,636		$	-		$	-		$	11,636
	During the successor period of April 26, 2014 through December 31, 2014, amortization expense totaled $544,734; of which $474,378 was attributed to the Company’s LED segment and $70,356 was attributed to its ORC segment. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, no amortization expense was recorded in the Company’s results of operations.
	During the successor period of April 26, 2014 through December 31, 2014, depreciation expense totaled $15,137; of which all was attributable to the Company’s LED segment. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, depreciation expense totaled $3,334 and $10,207, respectively; of which all was attributable to the Company’s LED segment.
	During the successor period of April 26, 2014 through December 31, 2014, capital expenditures totaled $5,575; of which all was attributable to the Company’s LED segment. For the years ended December 31, 2013 and 2012, capital expenditures totaled $2,768 and $4,845, respectively; of which all was attributable to the Company’s LED segment.
	Customer information
	During the successor period of April 26, 2014 through December 31, 2014, the LED segment had one customer that accounted for 15.6% of revenues and another three customers that accounted for 38.7% of accounts receivable. During the predecessor period of January 1, 2014 through April 25, 2014, the LED segment had one customer that accounted for 21.6% of revenues and another two customers that accounted for 25.1% of accounts receivable. For the year ended December, 2013, the LED segment had one customer that accounted for 15% of revenues and another customer accounted for 12% of accounts receivable.
	During the successor period of April 26, 2014 through December 31, 2014, the ORC segment did not have any accounts receivable balances or generate any sales revenue. No customer sales or customer account balances were included in either of the predecessor period’s results.
	Geographic Information
	During the successor period of April 26, 2014 through December 31, 2014, all of the Company’s sales were generated within the United States with the exception of $70,806 in sales produced in Costa Rica. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, all of the Company’s sales were made within the United States.

20_SUBSEQUENT_EVENTS

20. SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	On March 5, 2015, the Company and Noveda agreed to amend the terms of its License Agreement entered into on December 1, 2014 which granted the Company the exclusive right for a five year period to use the Noveda technology in LED applications worldwide. During the second half of 2014, the Company had made payments of $142,500 in cash and 25,000 shares of restricted common stock to Noveda valued at $137,000 under the provisions of a non-binding Letter of Intent entered into by the Company and Noveda whereby the Company would acquire Noveda. By mutual agreement of the parties acquisition discussions were discontinued in 2015 and the $304,500 in consideration was applied as payment in full against any future license fees payable to Noveda under the terms of the December License Agreement
	On March 5, 2015, the Company sold its 50.3% equity interest in TransPacific Energy, Inc. to certain current and former shareholders of TransPacific for consideration totaling approximately $2.0 million. In exchange for its equity interest, the ForceField received $50,000 in cash proceeds and the return of 255,351 shares of the Company’s common stock originally issued in May 2012 when it acquired the equity interest in TransPacific.
	On March 31, 2015, the Company agreed to exchange 181,818 shares with an equal number of common stock purchase warrants in lieu of cash to satisfy a $1.0 million promissory note payment owed to an investor. The conversion price granted to the investor for the share exchange was in accord with the terms offered under the Company’s current equity private placement memorandum.
	On April 3, 2015, the Company entered into a note amendment and security interest termination agreement with Mitchell Barack, the former stockholder and current chief executive officer of ESCO. Under the terms of the agreement, Mr. Barack agreed to release the lien he held against ESCO’s assets and to defer the remaining $200,355 in principal and interest amounts currently owed to him and remaining $325,000 due to the employees of ESCO until June 30, 2015.
	From January 1, 2015 through April 10, 2015, the Company accepted subscription agreements from investors and issued 323,088 shares of its common stock with an equal number of stock purchase warrants, and issued an additional 224,267 shares of common stock from the exercise of stock purchase warrants for gross proceeds totaling $2,869,500. The cost of these issuances was $271,950.

2_SUMMARY_OF_SIGNIFICANT_ACCOU1

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Basis of Presentation and Principles of Consolidation	The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and are expressed in United States dollars. The consolidated financial statements include the accounts of the Company; its wholly-owned subsidiaries SunSi Energies Hong Kong Limited (“SE Hong Kong”), FFE USA, FFE Costa Rica, ESCO, and American Lighting; and TransPacific Energy, Inc. (“TPE”), in which the Company maintains a 50.3% equity interest. All intercompany accounts and transactions are eliminated in consolidation.
Acquisition of American Lighting	On April 25, 2014, the Company acquired American Lighting, a leading commercial lighting specialist based, in San Diego, California (see Note 8 – Business Combinations).
Predecessor and Successor Reporting	The American Lighting transaction was accounted for under the acquisition method of accounting in accordance with generally accepted accounting principles. For the purpose of financial reporting, ALD w deemed to be the predecessor company and ForceField is deemed to be the successor company in accordance with the rules and regulations issued by the Securities and Exchange Commission (“SEC”). The assets and liabilities of ALD were recorded at their respective fair values as of the acquisition date. Fair value adjustments related to the transaction are reflected in the books of ForceField, resulting in assets and liabilities of the Company being recorded at fair value at April 25, 2014. Therefore the Company’s financial information prior to the transaction is not comparable to its financial information subsequent to the transaction.
	As a result of the impact of pushdown accounting, the financial statements and certain note presentations separate the Company’s presentations into two distinct periods, the period before the consummation of the transaction (labeled “Predecessor”) and the period after that date (labeled “Successor”), to indicate the application of a different basis of accounting between the periods presented. Predecessor account balances and results of operations for the current period are effective through April 30, 2014, as the impact of transactions recorded from April 26, 2014 through April 30, 2014 was not material.  All intercompany accounts and transactions are eliminated through consolidation.
Use of Estimates	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to revenue recognition, valuation of accounts receivable and inventories, purchase price allocation of acquired businesses, impairment of long lived assets and goodwill, valuation of financial instruments, income taxes, and contingencies. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.
Revenue Recognition	The Company recognizes revenue on the percentage-of-completion method, measured by the percentage of total costs incurred to date against the estimated total costs for each contract. Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and depreciation costs. General and administrative costs are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions and estimated profitability, including those arising from contract penalty provisions, and final contract settlements may result in revisions to costs and income and are recognized in the period in which the revisions are determined. Profit incentives are included in revenue when their realization is reasonably assured. An amount equal to contract costs attributable to claims is included in revenue when realization is probable and the amount can be reliably estimated.
	The asset, Costs and estimated earnings in excess of billings on uncompleted contracts, represents revenue recognized in excess of amounts billed. The liability, Billings in excess of costs and estimated earnings on uncompleted contracts, represents billings in excess of revenue recognized.
	Revenue from rebates from utilities may be recognized on eligible energy-efficient lighting retrofit projects. These rebates are simultaneously credited against the quoted contract price and assigned to the Company by the customer. The Company is responsible for the application of the rebate, and bears the risk of any loss from the verification and collection of the rebate. During the successor period of April 26, 2014 through December 31, 2014, revenue from rebates from utilities totaled $1,097,081. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, revenue from rebates from utilities totaled $786,519 and $2,630,815, respectively.
	Certain rebates from utility companies are subject to refund rights in the event that specified energy savings are not met. The Company assesses each retrofit project subject to refund rights to determine if the estimated energy savings are likely to be met. As of December 31, 2014 and 2013, there were no retrofit projects subject to this refund right that were not expected to meet the specified energy savings.
	The utilities providing the retrofit rebate, at their discretion, can audit the Company's customer installations prior to payment. These audits often result in an adjustment to the rebate, which is netted against revenues. A reserve for adjustments was recorded based upon current period sales and the Company’s historical experience factor in recording such rebate adjustments. During the successor period of April 26, 2014 through December 31, 2014, adjustments to rebates from utilities totaled ($23,191).  During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, adjustments to rebates from utilities totaled $50,409 and $45,648, respectively. These amounts are netted in the Company’s accounts receivable and revenue.
Fair Value Measurements	The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures” (“ASC 820”) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:
	Level 1 - Quoted prices in active markets for identical assets or liabilities.
	Level 2 - Inputs other than quoted prices included within Level 1 that are either directly or indirectly observable.
	Level 3 - Unobservable inputs that are supported by little or no market activity, therefore requiring an entity to develop its own assumptions about the assumptions that market participants would use in pricing.
	Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2014. The Company uses the market approach to measure fair value for its Level 1 financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The respective carrying value of certain balance sheet financial instruments approximates its fair value. These financial instruments include cash, trade receivables, related party payables, accounts payable, accrued liabilities and short-term borrowings. Fair values were estimated to approximate carrying values for these financial instruments since they are short term in nature and they are receivable or payable on demand.
	The estimated fair value of assets and liabilities acquired in business combinations and reporting units and long-lived assets used in the related asset impairment tests utilize inputs classified as Level 3 in the fair value hierarchy.
	The Company determines the fair value of contingent consideration based on a probability-weighted discounted cash flow analysis. The fair value remeasurement is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in the fair value hierarchy. In each period, the Company reassesses its current estimates of performance relative to the stated targets and adjusts the liability to fair value. Any such adjustments are included as a component of Other Income (Expense) in the Consolidated Statements of Operations and Comprehensive Loss.
	The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014:
		Level 1		Level 2		Level 3
	Earnout liability	—		—		$	3,871,000
	The following table summarizes the change in the Company’s financial assets and liabilities measured at fair value as of December 31, 2014:
			2014
	Fair value, January 1		$	-
	Fair value of contingent consideration issued during the period			3,871,000
	Change in fair value			(545,000	)
	Fair value, December 31		$	3,326,000
Derivative Financial Instruments	The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risk. Terms of convertible promissory notes are reviewed to determine whether or not they contain embedded derivative instruments that are required to be accounted for separately from the host contract, and recorded on the balance sheet at fair value. The fair value of derivative liabilities is required to be revalued at each reporting date, with corresponding changes in fair value recorded in current period operating results.
Beneficial Conversion Features	In accordance with FASB ASC 470-20, “Debt with Conversion and Other Options” the Company records a beneficial conversion feature (“BCF”) related to the issuance of convertible debt or preferred stock instruments that have conversion features at fixed rates that are in-the-money when issued. The BCF for the convertible instruments is recognized and measured by allocating a portion of the proceeds equal to the intrinsic value of that feature to additional paid-in capital. The intrinsic value is generally calculated at the commitment date as the difference between the conversion price and the fair value of the common stock or other securities into which the security is convertible, multiplied by the number of shares into which the security is convertible. If certain other securities are issued with the convertible security, the proceeds are allocated among the different components. The portion of the proceeds allocated to the convertible security is divided by the contractual number of the conversion shares to determine the effective conversion price, which is used to measure the BCF. The effective conversion price is used to compute the intrinsic value. The value of the BCF is limited to the basis that is initially allocated to the convertible security.
Stock Purchase Warrants	The Company accounts for warrants issued to purchase shares of its common stock as equity in accordance with FASB ASC 480, Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock, Distinguishing Liabilities from Equity.
Cash and cash equivalents	The Company considers temporary cash investments with an original maturity of three months or less to be cash equivalents. The Company maintains its cash balances with a high-credit-quality financial institution. At times, such cash may be in excess of the Federal Deposit Insurance Corporation’s insured limit of $250,000. The Company has not experienced any losses in such accounts, and management believes the Company is not exposed to any significant credit risk on its cash and cash equivalents.
Accounts receivable	Accounts receivable are customer obligations due under normal trade terms. The Company performs periodic credit evaluations of its customers’ financial condition. The Company records an allowance for doubtful accounts based upon factors surrounding the credit risk of certain customers and specifically identified amounts that it believes to be uncollectible. Recovery of bad debt amounts previously written off is recorded as a reduction of bad debt expense in the period the payment is collected. If the Company’s actual collection experience changes, revisions to its allowance may be required. After all attempts to collect a receivable have failed, the receivable is written off against the allowance.
	Accounts receivable balances consist of amounts due from customers and are recorded net of allowances for doubtful accounts, a reserve for sales adjustments and deferred payment plan discounts.
	The Company has a non-interest-bearing payment plan for accounts receivable under which participating customers make installment payments of equal amounts over predetermined terms, usually a two-year period. In accordance with FASB ASC 310, Receivables, the Company estimates the present value of the payment plan for accounts receivable using imputed interest at the Company's borrowing rate at the end of the year (6.25% as of December 31, 2014 and December 31, 2013).
	The Company's long-term receivables are considered financing receivables. The credit quality of these customers is evaluated on an ongoing basis and the allowance for doubtful accounts is adjusted for any changes in assessed risk. During the successor period of April 26, 2014 through December 31, 2014, the Company recorded a decrease of $3,026 in the provision and recorded $0 in write offs. During the predecessor period of January 1, 2014 through April 25, 2014 and for the year ended December 31, 2013, the Company recorded a decrease of $32,967 and $77,874, respectively and $11,811 and $17,792, respectively in write-offs for both periods.
	The difference between the present value and face value is recorded as unamortized discounts, which will be amortized over the term of the payment plan. The allowance for discounts on deferred payment plan accounts receivable was $10,640 and $12,016 as of December 31, 2014 and 2013, respectively. The Company recorded $2,327 of interest income from deferred payment plan accounts receivable during the successor period of April 26, 2014 through December 31, 2014. The Company recorded $5,561 of interest income from deferred payment plan accounts receivable during the predecessor period of January 1, 2014 through April 25, 2014. The Company recorded $6,001 of interest income from deferred payment plan accounts receivable during the year ended December 31, 2013.
	For rebate receivables from utilities, the Company typically is entitled to receive a portion of such amounts upon completion of the project, and the remaining portion after specified conditions are proven to have been met.
Inventory	Inventory consists of finished goods and is stated at the lower of cost or market value. Cost is determined on a first-in, first-out ("FIFO") basis. Inventory is reviewed periodically for slow-moving and obsolete items. The Company believes that no reserve for obsolete inventory is necessary as of December 31, 2014 and December 31, 2013.
Property and equipment	Property and equipment are stated at cost or fair value if acquired as part of a business combination. Depreciation is computed by the straight-line method and is charged to operations over the estimated useful lives of the assets. Maintenance and repairs are charged to expense as incurred. The carrying amount and accumulated depreciation of assets sold or retired are removed from the accounts in the year of disposal and any resulting gain or loss is included in results of operations. The estimated useful lives of property and equipment are as follows:
	Computers and equipment	3 – 7 years
	Furniture and fixtures	5 – 10 years
	Leasehold improvements	Lesser of lease term or estimated useful life
	Vehicles	5 years
Goodwill and Intangible Assets	Goodwill represents the future economic benefit arising from other assets acquired that could not be individually identified and separately recognized. The goodwill arising from the Company’s acquisitions is attributable to the value of the potential expanded market opportunity with new customers. Intangible assets have either an identifiable or indefinite useful life. Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, whichever is shorter. The Company’s amortizable intangible assets consist of customer relationships, distribution and licensing agreements, non-compete agreements and technology. Their useful lives range from 0.5 to 15 years. The Company’s indefinite-lived intangible assets consist of trade names.
	Goodwill and indefinite-lived assets are not amortized, but are subject to annual impairment testing unless circumstances dictate more frequent assessments. The Company performs an annual impairment assessment for goodwill during the fourth quarter of each year and more frequently whenever events or changes in circumstances indicate that the fair value of the asset may be less than the carrying amount. Goodwill impairment testing is a two-step process performed at the reporting unit level. Step one compares the fair value of the reporting unit to its carrying amount. The fair value of the reporting unit is determined by considering both the income approach and market approaches. The fair values calculated under the income approach and market approaches are weighted based on circumstances surrounding the reporting unit. Under the income approach, the Company determines fair value based on estimated future cash flows of the reporting unit, which are discounted to the present value using discount factors that consider the timing and risk of cash flows. For the discount rate, the Company relies on the capital asset pricing model approach, which includes an assessment of the risk-free interest rate, the rate of return from publicly traded stocks, the Company’s risk relative to the overall market, the Company’s size and industry and other Company specific risks. Other significant assumptions used in the income approach include the terminal value, growth rates, future capital expenditures and changes in future working capital requirements. The market approaches use key multiples from guideline businesses that are comparable and are traded on a public market. If the fair value of the reporting unit is greater than its carrying amount, there is no impairment. If the reporting unit’s carrying amount exceeds its fair value, then the second step must be completed to measure the amount of impairment, if any. Step two calculates the implied fair value of goodwill by deducting the fair value of all tangible and intangible net assets of the reporting unit from the fair value of the reporting unit as calculated in step one. In this step, the fair value of the reporting unit is allocated to all of the reporting unit’s assets and liabilities in a hypothetical purchase price allocation as if the reporting unit had been acquired on that date. If the carrying amount of goodwill exceeds the implied fair value of goodwill, an impairment loss is recognized in an amount equal to the excess.
	Determining the fair value of a reporting unit is judgmental in nature and requires the use of significant estimates and assumptions, including revenue growth rates, strategic plans and future market conditions, among others. There can be no assurance that the Company’s estimates and assumptions made for purposes of the goodwill impairment testing will prove to be accurate predictions of the future. Changes in assumptions and estimates could cause the Company to perform impairment test prior to scheduled annual impairment tests scheduled in the fourth quarter.
Long-Lived Assets	The Company evaluates the recoverability of its long-lived assets whenever events or changes in circumstances have indicated that an asset may not be recoverable. The long-lived asset is grouped with other assets at the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. If the sum of the projected undiscounted cash flows is less than the carrying value of the assets, the assets are written down to the estimated fair value.
Income taxes	The Company accounts for income taxes under FASB ASC 740, “Accounting for Income Taxes”. Under FASB ASC 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 tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under FASB ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. FASB ASC 740-10-05, “Accounting for Uncertainty in Income Taxes” prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities.
	The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. We assess the validity of our conclusions regarding uncertain tax positions on a quarterly basis to determine if facts or circumstances have arisen that might cause us to change our judgment regarding the likelihood of a tax position’s sustainability under audit.
Foreign Currency Translation	The functional and reporting currency of ForceField Energy S.A. is the Costa Rican Colon. Management has adopted ASC 830 “Foreign Currency Matters” for transactions that occur in foreign currencies. Monetary assets denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Average monthly rates are used to translate revenues and expenses.
	Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Exchange gains or losses arising from foreign currency transactions are included in the determination of net income for the respective periods.
	Assets and liabilities of the Company’s operations are translated into the reporting currency, United States dollars, at the exchange rate in effect at the balance sheet dates. Revenue and expenses are translated at average rates in effect during the reporting periods. Equity transactions are recorded at the historical rate when the transaction occurred. The resulting translation adjustment is reflected as accumulated other comprehensive income, a separate component of stockholders' equity in the statement of stockholders' equity.
Comprehensive Gain or Loss	ASC 220 “Comprehensive Income,” establishes standards for the reporting and display of comprehensive income and its components in the financial statements. As of December 31, 2014 and December 31, 2013, the Company determined that it had items that represented components of comprehensive income and, therefore, has included a statement of comprehensive income in the financial statements.
Advertising expenses	Advertising costs are expensed as incurred and included in selling and marketing expenses.
Shipping and handling costs	Shipping and handling costs related to the acquisition of goods from vendors are included in cost of sales.
Basic and Diluted Net Income (Loss) Per Share	The Company computes net income (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common stockholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
Reclassifications	Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position.
Recent accounting pronouncements	The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

2_SUMMARY_OF_SIGNIFICANT_ACCOU2

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Policies Tables
Fair Value by Hierarchy		Level 1		Level 2		Level 3
	Earnout liability	—		—		$	3,326,000
Fair Value Measurements			2014
	Fair value, January 1		$	-
	Fair value of contingent consideration issued during the period			3,871,000
	Change in fair value			(545,000	)
	Fair value, December 31		$	3,326,000
Property and equipment	Computers and equipment	3 – 7 years
	Furniture and fixtures	5 – 10 years
	Leasehold improvements	Lesser of lease term or estimated useful life
	Vehicles	5 years

3_ACCOUNTS_RECEIVABLE_Tables

3. ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2014
Accounts Receivable Tables
Accounts receivable		Successor			Predecessor
		December 31,			December 31,
		2014			2013
	Accounts and contracts receivable	$	3,755,498		$	3,113,976
	Retainage		894,892			-
	Allowance for doubtful accounts		(97,708	)		(153,297	)
	Total accounts receivable, net		4,552,682			2,960,679
	Less: Noncurrent portion of accounts receivable, net		(33,093	)		(4,921	)
	Current portion of accounts receivable, net	$	4,519,589		$	2,955,758

4_COSTS_AND_ESTIMATED_EARNINGS1

4. COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Schedule of billings in excess of costs	The following table sets forth the components of the Company’s costs and estimated earnings on uncompleted contracts at December 31, 2014 and December 31, 2013:
		Successor			Predecessor
		December 31,			December 31,
		2014			2013
	Costs incurred on uncompleted contracts	$	7,990,846		$	-
	Estimated earnings		2,261,871			-
	Subtotal		10,252,717			-
	Less: Billings to date		(10,646,397	)		-
	Total costs and estimated earnings on uncompleted contracts	$	(393,680	)	$	-
	The above amounts are included in the accompanying balance sheets under the following captions at December 31, 2014 and December 31, 2013:
		Successor			Predecessor
		December 31,			December 31,
		2014			2013
	Costs and estimated earnings in excess of billings on uncompleted contracts	$	652,007		$	-
	Billings in excess of costs and estimated earnings on uncompleted contracts		(1,045,687	)		-
	Total	$	(393,680	)	$	-

5_INVENTORY_Tables

5. INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventory		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Work in process	$	15,307	$	-
	Finished goods		416,278		212,789
	Allowance for excess and obsolete inventory		-		-
	Total	$	431,585	$	212,789

6_PREPAID_EXPENSES_AND_OTHER_C1

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other current assets		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Advance payments to employees and representatives	$	41,110	$	1,423
	Advance payments to suppliers		47,946		-
	Other prepaid expenses and current assets		55,310		72,188
	Payments on letter of intent to acquire a business		279,500		-
	Prepaid income taxes and other tax receivables		20,476		-
	Prepaid insurance and surety bonds		43,054		-
	Total	$	487,396	$	73,611

7_PROPERTY_AND_EQUIPMENT_Table

7. PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, plant and equipment		Successor							Predecessor
		31-Dec-14							31-Dec-14
		Cost		Accumulated Depreciation			Net Book Value		Cost		Accumulated Depreciation			Net Book Value
	Computers and equipment	$	48,767	$	(8,556	)	$	40,211	$	87,996	$	(77,022	)	$	10,974
	Furniture and fixtures		22,584		(3,241	)		19,343		25,780		(25,118	)		662
	Leasehold improvements		18,471		(638	)		17,833		46,685		(46,685	)		-
	Vehicles		55,465		(3,462	)		52,003		-		-			-
	Construction in process		38,441		-			38,441		-		-			-
	Total	$	183,728	$	(15,897	)	$	167,831	$	160,461	$	(148,825	)	$	11,636

8_BUSINESS_COMBINATIONS_Tables

8. BUSINESS COMBINATIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value of Consideration Transferred and Recording of Assets Acquired	Consideration Paid:
	Cash and cash equivalents	$	200,000
	Common stock, 5,000 shares of ForceField common stock		29,850
	Fair value of total consideration	$	229,850
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Total identifiable net assets		-
	Goodwill		229,850
		$	229,850
Pro Forma Information		Year Ended December 31, 2014			Year Ended December 31, 2013
	Revenues	$	15,653,930		$	13,754,351
	Income (loss) from operations	$	(4,338,088	)	$	838,757
	Net income (loss)	$	(3,964,933	)	$	578,367
ALD Management Corp [Member]
Fair Value of Consideration Transferred and Recording of Assets Acquired, Liabilities Assumed and Noncontrolling Interests	Consideration Paid:
	Cash and cash equivalents	$	2,500,000
	Common stock, 289,529 shares of ForceField common stock, net of put cost of $178,466		1,468,954
	Senior, secured promissory notes, net of discount of $34,981		965,019
	Working capital adjustment payable to sellers		1,329,528
	Contingent purchase consideration		1,186,000
	Fair value of total consideration	$	7,449,501
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Financial assets:
	Cash and cash equivalents	$	407,912
	Accounts receivables		1,708,411
	Inventory		213,712
	Prepaid and other assets		117,616
	Property and equipment		11,071
	Deferred tax assets		54,874
	Identifiable intangible assets:
	Production backlog		108,000
	Non-compete agreements		265,000
	Trade name		1,385,000
	Financial liabilities:
	Accounts payable and accrued liabilities		(322,184	)
	Total identifiable net assets		3,949,412
	Goodwill		3,500,089
		$	7,449,501
ESCO Energy Services Company [Member]
Fair Value of Consideration Transferred and Recording of Assets Acquired, Liabilities Assumed and Noncontrolling Interests	Consideration Paid:
	Cash and cash equivalents	$	1,000,000
	Common stock, 454,545 shares of ForceField common stock, net of put cost of $189,227		2,683,497
	Senior, secured promissory notes, net of discount of $85,461		3,064,539
	Accrued consideration allocated to employees		850,000
	Line of credit payoff		1,480,355
	Contingent purchase consideration		2,685,000
	Fair value of total consideration	$	11,763,391
	Recognized amount of identifiable assets acquired and liabilities assumed:
	Financial assets:
	Cash and cash equivalents	$	65,998
	Accounts and retainage receivables		2,395,769
	Prepaid and other assets		48,635
	Property and equipment		142,573
	Identifiable intangible assets:
	Production backlog		292,000
	Customer relationships		1,515,000
	Trade name		2,859,000
	Financial liabilities:
	Accounts payable and accrued liabilities		(1,202,704	)
	Contracts in process		(567,375	)
	Notes payable		(25,795	)
	Related party payable, noncurrent		(475,000	)
	Deferred tax liabilities		(1,943,202	)
	Total identifiable net assets		3,104,899
	Goodwill		8,658,492
		$	11,763,391

9_GOODWILL_AND_INTANGIBLE_ASSE1

9. GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying amount of goodwill		2014
	Balance, January 1	$	-
	Acquisition of Catalyst LED's LLC		229,850
	Acquisition of 17th Street ALD Management Corp.		3,500,089
	Acquisition of ESCO Energy Services Company		8,658,492
	Balance, December 31	$	12,388,431
Intangible assets		Amortization Period (Years)		Cost		Accumulated Amortization			Net Book Value
	Intangible assets subject to amortization:
	Customer relationships		4	$	1,515,000	$	(78,906	)	$	1,436,094
	Distribution and license rights		5		955,000		(366,917	)		588,083
	Production backlog		0.5		400,000		(229,666	)		170,332
	Non-compete agreements		3		265,000		(58,889	)		206,111
	Technology		15		1,583,000		(250,642	)		1,332,358
	Subtotal				4,718,000		(985,020	)		3,732,980
	Intangible assets not subject to amortization:
	Trade names		-		4,244,000		-			4,244,000
	Total			$	8,962,000	$	(985,020	)	$	7,976,980
Amortization expense	2015	$	933,950
	2016		763,617
	2017		652,727
	2018		440,377
	2019		137,617
	Thereafter		804,692
		$	3,732,980

10_OTHER_ASSETS_Tables

10. OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other assets		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Deferred Financing Costs	$	174,375	$	-
	Deposits		11,527		-
	Total	$	185,902	$	-

11_ACCRUED_LIABILITIES_Tables

11. ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Accrued Liabilities Tables
Components of accrued liabilities		Successor		Predecessor
		31-Dec-14		31-Dec-13
	Accrued compensation and payroll related costs	$	325,906	$	217,858
	Accrued finder's fees and other financing costs		371,500		-
	Accrued interest expense		224,566		-
	Current portion of purchase consideration related to ESCO acquisition		425,000		-
	Customer advances and deferred revenue		32,400		-
	Other accrued expenses and liabilities		90,045		63,155
	Reserve for losses on contracts in process		47,841		-
	Total	$	1,517,258	$	281,013

13_OTHER_NONCURRENT_LIABILITIE1

13. OTHER NONCURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Other Noncurrent Liabilities Tables
Other Noncurrent Liabilities
		31-Dec-14
	Noncurrent portion of purchase consideration related to ESCO acquisition	$	425,000
	Unrecognized tax benefits		67,712
	Total	$	492,712

14_INCOME_TAXES_Tables

14. INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Income Taxes Tables
Components of income tax expense (benefit)			Successor				Predecessor
			December 31,				December 31,
			2014				2013
	Current:
	Federal		$	-			$	7,754
	State and local			12,778				7,999
	Foreign			-				-
	Total current			12,778				15,753
	Deferred:
	Federal			(300,508	)			171,111
	State and local			(51,376	)			50,270
	Foreign			-				-
	Total deferred			(351,884	)			221,381
	Total		$	(339,106	)		$	237,134
Reconciliation of income tax expense (benefit)		Successor				Predecessor
		December 31,				December 31,
		2014				2013
	Federal statutory rate	34		%		34		%
	State and local taxes	5.24		%		6.93		%
	Foreign rate differential	(0.82	)	%		0		%
	Change in valuation allowance	1.87		%		0		%
	Change in deferred tax rate	(10.17	)	%		0		%
	Tax benefit from divestment of business	(21.50	)	%		0		%
	Other	(2.75	)	%		0.37		%
	Total	11.37		%		41.3		%
Components of income taxes payable			Successor				Predecessor
			December 31,				December 31,
			2014				2013
	Federal		$	-			$	4,687
	State and local			27,902				4,331
	Foreign			-				-
	Total current		$	27,902			$	9,018
Components of deferred income taxes			Successor				Predecessor
			December 31,				December 31,
			2014				2013
	Current deferred tax assets (liabilities):		$				$
	Accrued vacation			-				30,317
	Bad debt and other allowances			51,525				61,065
	State taxes			-				272
	Less: Valuation allowance			(51,525	)			-
	Total current deferred tax asset (liability)			-				91,654
	Noncurrent deferred tax assets (liabilities):
	Intangible assets			(2,336,080	)			753,139
	Fixed assets			(8,520	)			(3,281	)
	Net operating loss carryforwards			3,797,043				-
	Long-term liability for contingent earn-out and others			171,325				-
	Other			-				16,279
	Less: Valuation allowance			(3,578,616	)			-
	Total noncurrent deferred tax asset (liability)			(1,954,848	)			766,137
	Total deferred tax asset (liability)		$	(1,954,848	)		$	857,791
Schedule of unrecognized tax benefits	Balance, December 31, 2012		$	28,702
	Additions			12,374
	Interest and penalties			4,261
	Balance, December 31, 2013			45,337
	Additions			16,486
	Interest and penalties			5,889
	Balance, December 31, 2014		$	67,712

15_DEBT_Tables

15. DEBT (Tables)	12 Months Ended
	Dec. 31, 2014
Convertible debentures	Issue Date	Interest Rate			Face Value		Maturity Date	Conversion Rate to Face Value of Common Shares
	2/11/13	9	%		$	50,000	2/11/16	16.7	%
	8/1/13	9	%		$	100,000	7/31/16	16.7	%
	9/25/13	9	%		$	50,000	9/24/16	16.7	%
	10/22/13	9	%		$	50,000	10/21/16	16.7	%
	11/4/13	9	%		$	500,000	11/3/16	16.7	%
	12/5/13	7	%		$	50,000	12/4/16	11.1	%
	12/16/13	9	%		$	250,000	12/15/16	16.7	%
	12/26/13	9	%		$	750,000	12/25/16	16.7	%
	12/27/13	7	%		$	50,000	12/26/16	11.1	%
	12/27/13	7	%		$	50,000	12/26/16	11.1	%
	1/13/14	7	%		$	50,000	1/12/17	14.3	%
	2/11/14	9	%		$	250,000	2/10/17	20	%
	9/24/14	9	%		$	500,000	9/23/17	16.7	%
	10/31/14	9	%		$	610,000	3/31/16	18.2	%
	12/5/14	9	%		$	100,000	12/4/17	16.7	%
Unsecured, Convertible Debentures [Member]
Debt		31-Dec-14
	7% Convertible debentures	$	3,210,000
	9% Convertible debentures		200,000
	Loan discounts		(410,334	)
	Total convertible debentures, net		2,999,666
	Less: Current portion of convertible debentures, net		50,000
	Noncurrent portion of convertible debentures net	$	2,949,666
Senior, Secured Promissory Notes [Member]
Debt		31-Dec-14
	Promissory notes	$	4,330,355
	Loan discounts		(88,518	)
	Total promissory notes, net		4,241,837
	Less: Current portion of convertible debentures, net		2,243,358
	Noncurrent portion of convertible debentures net	$	1,998,479

17_STOCKHOLDERS_EQUITY_Tables

17. STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Outstanding and exercisable warrants		Number of Warrants Outstanding		Weighted Average Exercise Price		Remaining Contractual Life (Years)
	Balance, December 31, 2012	562,750		$	4.00	0.71
	Warrants issued	842,750			4.00	0.79
	Warrants exercised	(93,750)			4.00	-
	Warrants forfeited	(481,500)			4.00	-
	Balance, December 31, 2013	830,250		$	4.00	0.80
	Warrants issued	708,500			4.80	0.64
	Warrants exercised	(560,250)			4.00	-
	Warrants forfeited	(245,000)			4.00	-
	Balance, December 31, 2014	733,500		$	16.80	0.61
Value of the stock purchase warrants			For the Years Ended,
			2014			2013
	Expected divident yield (1)			0	%		0	%
	Risk free interest rate (2)			0.09 - 0.26	%		0.09 - 0.15	%
	Expected volatility (3)			29.63 - 32.76	%		16.69 - 145.28	%
	Expected life (in years)			1			1

18_COMMITMENTS_AND_CONTINGENCI1

18. COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments And Contingencies Tables
Schedule of future minimum rental payments	2015	$	181,789
	2016	$	85,023
	2017	$	36,912
	Total future payment obligations	$	303,724

19_SEGMENT_INFORMATION_Tables

19. SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Results		LED			ORC			Corporate			Total
	Sales	$	7,519,803		$	-		$	-		$	7,519,803
	Cost of goods sold		5,146,001			-			-			5,146,001
	Gross margin		2,373,802			-			-			2,373,802
	Operating expenses:
	Depreciation and amortization		486,320			70,356			3,195			559,871
	Selling and marketing		731,643			1,852			-			733,495
	General and administrative		1,808,750			15,915			1,411,605			3,236,270
	Professional fees		8,021			68,785			831,326			908,132
	Total operating expenses		3,034,734			156,908			2,246,126			5,437,768
	Income (loss) from operations		(660,932			(156,908	)		(2,246,126	)		(3,063,966	)
	Other income (expense)
	Interest expense, net		(1,825	)		69			(462,178	)		(463,934	)
	Other gains (losses)		545,000			-			-			545,000
	Total other income (expense)		543,175			69			(462,178	)		81,066
	Income (loss) before income taxes		(117,757	)		(156,839	)		(2,708,304	)		(2,982,900	)
	Provision for income taxes (benefit)		(186,217	)		(160,356	)		7,467			(339,106	)
	Net income (loss)	$	68,460		$	3,517		$	(2,715,771	)	$	(2,643,794	)
Total Assets by segment		LED			ORC			Corporate			Total
	Total assets:
	2014	$	25,603,471		$	1,401,866		$	630,395		$	27,635,732
	2013	$	4,455,517		$	-		$	-		$	4,455,517
Goodwill, Intangible and Long-Lived Assets		LED			ORC			Corporate			Total
	Goodwill:
	2014	$	12,388,431		$	-		$	-		$	12,388,431
	2013	$	-		$	-		$	-		$	-
	Intangible assets:
	2014	$	6,644,622		$	1,332,358		$	-		$	7,976,980
	2013	$	-		$	-		$	-		$	-
	Property and equipment:
	2014	$	151,949		$	-		$	15,882		$	167,831
	2013	$	11,636		$	-		$	-		$	11,636

2_SUMMARY_OF_SIGNIFICANT_ACCOU3

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Fair value (Details) (Level 3, USD $)	Dec. 31, 2014	Dec. 31, 2013
Level 3
Fair value, January 1	$3,326,000	$0
Fair value of contingent consideration issued during the period	3,871,000
Change in fair value	-545,000
Fair value, December 31	$3,326,000	$0

2_SUMMARY_OF_SIGNIFICANT_ACCOU4

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Policies Details
Computers and equipment	3 - 7 years
Furniture and fixtures	5 - 10 years
Leasehold improvements	Lesser of lease term or estimated useful life
Vehicles	5 years

2_SUMMARY_OF_SIGNIFICANT_ACCOU5

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies
FDIC insured limit	$250,000
Non-interest-bearing payment plan for accounts receivable rate	6.25%	6.25%
Allowance for discounts on deferred payment plan	0	0
Interest income from deferred payment plan	$0	$0

3_ACCOUNTS_RECEIVABLE_Details

3. ACCOUNTS RECEIVABLE (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Successor
Accounts and contracts receivable	$3,755,498
Retainage	894,892
Allowance for doubtful accounts	-97,708
Total accounts receivable, net	4,552,682
Less: Noncurrent portion of accounts receivable, net	-33,093
Current portion of accounts receivable, net	4,519,589
Predecessor
Accounts and contracts receivable		3,113,976
Allowance for doubtful accounts		-153,297
Total accounts receivable, net		2,960,679
Less: Noncurrent portion of accounts receivable, net		-4,921
Current portion of accounts receivable, net		$2,955,758

5_INVENTORY_Details

5. INVENTORY (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Successor
Work in process	$15,307
Finished goods	416,278
Allowance for excess and obsolete inventory
Total	431,585
Predecessor
Work in process
Finished goods		212,789
Allowance for excess and obsolete inventory
Total		$212,789

6_PREPAID_EXPENSES_AND_OTHER_C2

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Successor
Advance payments to employees and representatives	$41,110
Advance payments to suppliers	47,946
Other prepaid expenses and current assets	55,310
Payments on letter of intent to acquire a business	279,500
Prepaid income taxes and other tax receivables	20,476
Prepaid insurance and surety bonds	43,054
Total	487,396
Predecessor
Advance payments to employees and representatives		1,423
Advance payments to suppliers
Other prepaid expenses and current assets		72,188
Payments on letter of intent to acquire a business
Prepaid income taxes and other tax receivables
Prepaid insurance and surety bonds
Total		$73,611

7_PROPERTY_PLANT_AND_EQUIPMENT

7. PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Total	$167,831	$11,636
Successor
Total	167,831
Successor | Cost
Computers and equipment	48,767
Furniture and fixtures	22,584
Leasehold improvements	18,471
Vehicles	55,465
Construction in process	38,441
Total	183,728
Successor | Accumulated Depreciation
Computers and equipment	-8,556
Furniture and fixtures	-3,241
Leasehold improvements	-638
Vehicles	-3,462
Construction in process
Total	-15,897
Successor | Net Book Value
Computers and equipment	40,211
Furniture and fixtures	19,343
Leasehold improvements	17,833
Vehicles	52,003
Construction in process	38,441
Total	167,831
Predecessor
Total		11,636
Predecessor | Cost
Computers and equipment	87,996
Furniture and fixtures	25,780
Leasehold improvements	46,685
Vehicles
Construction in process
Total	160,461
Predecessor | Accumulated Depreciation
Computers and equipment	-77,022
Furniture and fixtures	-25,118
Leasehold improvements	-46,685
Vehicles
Construction in process
Total	-148,825
Predecessor | Net Book Value
Computers and equipment	10,974
Furniture and fixtures	662
Leasehold improvements
Vehicles
Construction in process
Total	$11,636

7_PROPERTY_PLANT_AND_EQUIPMENT1

7. PROPERTY, PLANT AND EQUIPMENT (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Property Plant And Equipment Details Narrative
Depreciation expense		$10,207

8_BUSINESS_COMBINATIONS_Detail

8. BUSINESS COMBINATIONS (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Recognized amount of identifiable assets acquired and liabilities assumed:
Goodwill	$12,388,431
Acquisition of Catalyst LED LLC
Consideration Paid:
Cash and cash equivalents	200,000
Common stock, 5,000 shares of ForceField common stock	29,850
Fair value of total consideration	229,850
Recognized amount of identifiable assets acquired and liabilities assumed:
Total identifiable net assets
Goodwill	229,850
Total	$229,850

8_BUSINESS_COMBINATIONS_Detail1

8. BUSINESS COMBINATIONS (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Financial liabilities:
Goodwill	$12,388,431
American Lighting
Consideration Paid:
Cash and cash equivalents	2,500,000
Common stock, 289,529 shares of ForceField common stock, net of put cost of $178,466	1,468,954
Senior, secured promissory notes, net of discount of $34,981	965,019
Working capital adjustment payable to sellers	1,329,528
Contingent purchase consideration	1,186,000
Fair value of total consideration	7,449,501
Financial assets:
Cash and cash equivalents	407,912
Accounts receivables	1,708,411
Inventory	213,712
Prepaid and other assets	117,616
Property and equipment	11,071
Deferred tax assets	54,874
Identifiable intangible assets:
Production backlog	108,000
Non-compete agreements	265,000
Trade name	1,385,000
Financial liabilities:
Accounts payable and accrued liabilities	-322,184
Total identifiable net assets	3,949,412
Goodwill	3,500,089
Total	$7,449,501

8_BUSINESS_COMBINATIONS_Detail2

8. BUSINESS COMBINATIONS (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Financial liabilities:
Goodwill	$12,388,431
Acquisition of ESCO Energy Services [Member]
Consideration:
Cash and cash equivalents	1,000,000
Common stock, 454,545 shares of ForceField common stock, net of put cost of $189,227	2,683,497
Senior, secured promissory notes, net of discount of $85,461	3,064,539
Accrued consideration allocated to employees	850,000
Line of credit payoff	1,480,355
Contingent purchase consideration	2,685,000
Fair value of total consideration	11,763,391
Financial assets:
Cash and cash equivalents	65,998
Accounts and retainage receivables	2,395,769
Prepaid and other assets	48,635
Property and equipment	142,573
Identifiable intangible assets:
Production backlog	292,000
Customer relationships	1,515,000
Trade name	2,859,000
Financial liabilities:
Accounts payable and accrued liabilities	-1,202,704
Contracts in process	-567,375
Notes payable	-25,795
Related party payable, noncurrent	-475,000
Deferred tax liabilities	-1,943,202
Total identifiable net assets	3,104,899
Goodwill	8,658,492
Total	$11,763,391

8_BUSINESS_COMBINATIONS_Detail3

8. BUSINESS COMBINATIONS (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2014
American Lighting
Interest expense related to the note discount	$22,984
Remaining discount balance	11,997
Royalty rate	2.00%
Discount rate	17.50%
Tax rate	40.00%
Long-term sustainable growth rate	3.50%
Acquisition of ESCO Energy Services [Member]
Interest expense related to the note discount	14,575
Remaining discount balance	$20,406
Royalty rate	2.00%
Discount rate	17.50%
Tax rate	40.00%
Long-term sustainable growth rate	3.50%

9_GOODWILL_AND_INTANGIBLE_ASSE2

9. GOODWILL AND INTANGIBLE ASSETS, NET (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Goodwill And Intangible Assets Net Details
Balance, January 1
Acquisition of Catalyst LED's LLC	229,850
Acquisition of 17th Street ALD Management Corp.	3,500,089
Acquisition of ESCO Energy Services Company	8,658,492
Balance, December 31	$12,388,431

9_GOODWILL_AND_INTANGIBLE_ASSE3

9. GOODWILL AND INTANGIBLE ASSETS, NET (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Intangible assets subject to amortization:
Subtotal	3,732,980
Intangible assets not subject to amortization:
Total	7,976,980
Cost
Intangible assets subject to amortization:
Customer relationships	1,515,000
Distribution and license rights	955,000
Production backlog	400,000
Non-compete agreements	265,000
Technology	1,583,000
Subtotal	4,718,000
Intangible assets not subject to amortization:
Trade names	4,244,000
Total	8,962,000
Accumulated Amortization
Intangible assets subject to amortization:
Customer relationships	-78,906
Distribution and license rights	-366,917
Production backlog	-229,666
Non-compete agreements	-58,889
Technology	-250,642
Subtotal	-985,020
Intangible assets not subject to amortization:
Trade names
Total	-985,020
Net Book Value
Intangible assets subject to amortization:
Customer relationships	1,436,094
Distribution and license rights	588,083
Production backlog	170,332
Non-compete agreements	206,111
Technology	1,332,358
Subtotal	3,732,980
Intangible assets not subject to amortization:
Trade names	4,244,000
Total	7,976,980
Customer relationships [Member]
Intangible assets not subject to amortization:
Amortization period	4 years
Distribution and license rights [Member]
Intangible assets not subject to amortization:
Amortization period	5 years
Production backlog [Member]
Intangible assets not subject to amortization:
Amortization period	6 months
Non-compete agreements [Member]
Intangible assets not subject to amortization:
Amortization period	3 years
Technology [Member]
Intangible assets not subject to amortization:
Amortization period	15 years
Trade names [Member]
Intangible assets not subject to amortization:
Amortization period	0 years

9_GOODWILL_AND_INTANGIBLE_ASSE4

9. GOODWILL AND INTANGIBLE ASSETS, NET (Details 2) (USD $)	Dec. 31, 2014
Goodwill And Intangible Assets Net Details 2
2015	$933,950
2016	763,617
2017	652,727
2018	440,377
2019	137,617
Thereafter	804,692
Finite-Lived Intangible Assets, Net	$3,732,980

10_OTHER_ASSETS_Details

10. OTHER ASSETS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Successor
Deferred Financing Costs	$174,375
Deposits	11,527
Total	185,902
Predecessor
Deferred Financing Costs
Deposits
Total

11_ACCRUED_LIABILITIES_Details

11. ACCRUED LIABILITIES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Successor
Accrued compensation and payroll related costs	$325,906
Accrued finder's fees and other financing costs	371,500
Accrued interest expense	224,566
Current portion of purchase consideration related to ESCO acquisition	425,000
Customer advances and deferred revenue	32,400
Other accrued expenses and liabilities	90,045
Reserve for losses on contracts in process	47,841
Total	1,517,258
Predecessor
Accrued compensation and payroll related costs		217,858
Accrued finder's fees and other financing costs
Accrued interest expense
Current portion of purchase consideration related to ESCO acquisition
Customer advances and deferred revenue
Other accrued expenses and liabilities		63,155
Reserve for losses on contracts in process
Total		$281,013

12_RELATED_PARTY_PAYABLES_Deta

12. RELATED PARTY PAYABLES (Details) (Acquisition of ESCO Energy Services [Member], USD $)	Dec. 31, 2014
Acquisition of ESCO Energy Services [Member]
Loan proceeds from chief executive officer	$507,500
Exception loan proceeds amount	$32,500

13_OTHER_NONCURRENT_LIABILITIE2

13. OTHER NONCURRENT LIABILITIES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other noncurrent liabilities
Noncurrent portion of purchase consideration related to ESCO acquisition	$425,000
Unrecognized tax benefits	67,712	45,337	28,702
Total	$492,712

14_INCOME_TAXES_Details

14. INCOME TAXES (Details) (USD $)	12 Months Ended		8 Months Ended	4 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Apr. 25, 2014
Deferred:
Total deferred	($339,106)	($237,134)
Successor
Current:
Federal	0
State and local	12,778
Foreign	0
Total current	12,778
Deferred:
Federal	-300,508
State and local	-51,376
Foreign	0
Total deferred	-351,884		339,106
Total	-339,106
Predecessor
Current:
Federal		7,754
State and local		7,999
Foreign		0
Total current		15,753
Deferred:
Federal		171,111
State and local		50,270
Foreign		0
Total deferred		221,381		-2,100
Total		$237,134

14_INCOME_TAXES_Details_1

14. INCOME TAXES (Details 1)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Successor
Federal statutory rate	34.00%
State and local taxes	5.24%
Foreign rate differential	-0.82%
Change in valuation allowance	1.87%
Change in deferred tax rate	-10.17%
Tax benefit from divestment of business	-21.50%
Other	-1.59%
Total	7.03%
Predecessor
Federal statutory rate		34.00%
State and local taxes		6.93%
Foreign rate differential		0.00%
Change in valuation allowance		0.00%
Change in deferred tax rate		0.00%
Tax benefit from divestment of business		0.00%
Other		0.04%
Total		41.30%

14_INCOME_TAXES_Details_2

14. INCOME TAXES (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Successor
Federal	$0
State and local	27,902
Foreign	0
Total	27,902
Predecessor
Federal		4,687
State and local		4,331
Foreign		0
Total		$9,018

14_INCOME_TAXES_Details_4

14. INCOME TAXES (Details 4) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Beginning Balance	$45,337	$28,702
Additions	16,486	12,374
Interest and penalties	5,889	4,261
Ending Balance	$67,712	$45,337

14_INCOME_TAXES_Details_Narrat

14. INCOME TAXES (Details Narrative) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Taxes Details Narrative
Net operating loss carryforwards	$0
unrecognized tax benefits	$67,712	$45,337	$28,702

15_DEBT_Details

15. DEBT (Details) (USD $)	Dec. 31, 2014
Debt Details
7% Convertible debentures	$3,210,000
9% Convertible debentures	200,000
Loan discounts	-410,334
Total convertible debentures, net	2,999,666
Less: Current portion of convertible debentures, net	50,000
Noncurrent portion of convertible debentures net	$2,949,666

15_DEBT_Details_1

15. DEBT (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2014
Convertible Debt [Member]
Issue Date	11-Feb-13
Interest Rate	9.00%
Face Value	$50,000
Maturity Date	11-Feb-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt A [Member]
Issue Date	1-Aug-13
Interest Rate	9.00%
Face Value	100,000
Maturity Date	16-Jul-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt B [Member]
Issue Date	25-Sep-13
Interest Rate	9.00%
Face Value	50,000
Maturity Date	24-Sep-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt C [Member]
Issue Date	22-Oct-13
Interest Rate	9.00%
Face Value	50,000
Maturity Date	21-Oct-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt D [Member]
Issue Date	4-Nov-13
Interest Rate	9.00%
Face Value	500,000
Maturity Date	3-Nov-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt E [Member]
Issue Date	5-Dec-13
Interest Rate	7.00%
Face Value	50,000
Maturity Date	4-Dec-16
Conversion Rate of Face Value to Common Shares	11.10%
Convertible Debt F [Member]
Issue Date	16-Dec-13
Interest Rate	9.00%
Face Value	250,000
Maturity Date	15-Dec-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt G [Member]
Issue Date	26-Dec-13
Interest Rate	9.00%
Face Value	750,000
Maturity Date	25-Dec-16
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt H [Member]
Issue Date	27-Dec-13
Interest Rate	7.00%
Face Value	50,000
Maturity Date	26-Dec-16
Conversion Rate of Face Value to Common Shares	11.10%
Convertible Debt I [Member]
Issue Date	27-Dec-13
Interest Rate	7.00%
Face Value	50,000
Maturity Date	26-Dec-16
Conversion Rate of Face Value to Common Shares	11.10%
Convertible Debt J [Member]
Issue Date	13-Jan-14
Interest Rate	7.00%
Face Value	50,000
Maturity Date	12-Jan-17
Conversion Rate of Face Value to Common Shares	14.30%
Convertible Debt K [Member]
Issue Date	11-Feb-14
Interest Rate	9.00%
Face Value	250,000
Maturity Date	10-Feb-17
Conversion Rate of Face Value to Common Shares	20.00%
Convertible Debt L [Member]
Issue Date	24-Feb-14
Interest Rate	9.00%
Face Value	500,000
Maturity Date	23-Sep-17
Conversion Rate of Face Value to Common Shares	16.70%
Convertible Debt M [Member]
Issue Date	31-Oct-14
Interest Rate	9.00%
Face Value	610,000
Maturity Date	31-Mar-16
Conversion Rate of Face Value to Common Shares	18.20%
Convertible Debt N [Member]
Issue Date	5-Dec-14
Interest Rate	9.00%
Face Value	$100,000
Maturity Date	4-Dec-17
Conversion Rate of Face Value to Common Shares	16.70%

15_DEBT_Details_2

15. DEBT (Details 2) (USD $)	Dec. 31, 2014
Senior, Secured Promissory Notes
Promissory notes	$4,330,355
Loan discounts	-88,518
Total promissory notes, net	4,241,837
Less: Current portion of convertible debentures, net	2,243,358
Noncurrent portion of convertible debentures net	$1,998,479

15_DEBT_Details_Narative

15. DEBT (Details Narative) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Debt Details Narative
Gross proceeds from unsecured, convertible debentures	$850,000	$1,900,000
Underlying common stock to convertible debentures	604,561	330,834
Debt discount of beneficial conversion features	410,334	0
Amortization expense	$110,514

16_MANDATORILY_REDEEMABLE_NONC1

16. MANDATORILY REDEEMABLE NON-CONVERTIBLE CUMMULATIVE PREFERRED STOCK (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013
Mandatorily Redeemable Non-convertible Cummulative Preferred Stock Details Narrative
Preferred stock redeemed	294,480
Accreted dividends	$31,054
Paid/declared dividends	278,605
Shares redeemed value	1,944,582
Redemption recorded liability	$1,209,891

17_STOCKHOLDERS_EQUITY_Details

17. STOCKHOLDERS' EQUITY (Details) (Warrant [Member], USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Warrant [Member]
Warrants outstanding, beggining	830,250	562,750
Warrants issued	708,500	842,750
Warrants exercised	-560,250	-93,750
Warrants forfeited	-245,000	-481,500
Warrants outstanding, ending	733,500	830,250	562,750
Warrants outstanding weighted average exercise price	$4	$4
Warrants issued weighted average exercise price	$4.80	$4
Warrants exercised weighted average exercise price	$4	$4
Warrants forfeited weighted average exercise price	$4	$4
Warrants outstanding weighted average exercise price	$16.80	$4	$4
Warrants outstanding remaining contractual life	7 months 10 days	9 months 18 days	8 months 16 days
Warrants issued remaining contractual life	7 months 21 days	9 months 15 days

17_STOCKHOLDERS_EQUITY_Details1

17. STOCKHOLDERS' EQUITY (Details 1)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Expected dividend yield	0.00%	0.00%
Expected life (in years)	1 year	1 year
Minimum [Member]
Risk-free interest rate	0.09%	0.09%
Expected volatility	29.63%	16.69%
Maximum [Member]
Risk-free interest rate	0.26%	0.15%
Expected volatility	32.76%	145.28%

17_STOCKHOLDERS_EQUITY_Details2

17. STOCKHOLDERS' EQUITY (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Preferred stock authorized	12,500,000	12,500,000
Preferred stock par value	0.001	0.001
Preferred stock issued	0	0
Preferred stock outstanding	0	0
Common stock authorized	37,500,000	37,500,000
Common stock par value	0.001	0.001
Common stock issued		17,033,531
Common stock outstanding		17,033,531
Common stock issued for gross proceeds	0	0
Common stock issued for gross proceeds, value	0
Common stock issued in exchange of service	0	0
Warrant [Member]
Shares outstanding remaining contractual life	7 months 10 days	9 months 18 days	8 months 16 days
Warrant [Member] | Minimum [Member]
Shares outstanding remaining contractual life	0 years
Warrant [Member] | Maximum [Member]
Shares outstanding remaining contractual life	0 years

18_COMMITMENTS_AND_CONTINGENCI2

18. COMMITMENTS AND CONTINGENCIES (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Lease expenses	$0
Future minimum rental payment	$0

19_SEGMENT_INFORMATION_Details

19. SEGMENT INFORMATION (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Sales	$7,519,803	$7,123,458
Cost of goods sold	5,146,001	4,197,958
Gross margin	2,373,802	2,925,500
Operating expenses:
Depreciation and amortization	559,871	10,207
Selling and marketing	733,495
General and administrative	3,234,500	1,590,610
Professional fees	908,132	26,365
Total operating expenses	5,435,998	2,362,253
Income (loss) from operations	-3,062,196
Other income (expense)
Interest expense, net	-459,813
Other gains (losses)	545,000
Total other income (expense)	85,187
Income (loss) before income taxes	-2,977,009
Provision for income taxes (benefit)	-339,106	-237,134
Net income (loss)	-2,643,794
LED [Member]
Sales	7,519,803
Cost of goods sold	5,146,001
Gross margin	2,373,802
Operating expenses:
Depreciation and amortization	486,320
Selling and marketing	731,643
General and administrative	1,808,750
Professional fees	8,021
Total operating expenses	3,034,734
Income (loss) from operations	-660,932
Other income (expense)
Interest expense, net	-1,825
Other gains (losses)	545,000
Total other income (expense)	543,175
Income (loss) before income taxes	-117,757
Provision for income taxes (benefit)	-186,217
Net income (loss)	68,460
ORC [Member]
Sales
Cost of goods sold
Gross margin
Operating expenses:
Depreciation and amortization	70,356
Selling and marketing	1,852
General and administrative	15,915
Professional fees	68,785
Total operating expenses	156,908
Income (loss) from operations	-156,908
Other income (expense)
Interest expense, net	69
Other gains (losses)
Total other income (expense)	69
Income (loss) before income taxes	-156,839
Provision for income taxes (benefit)	-160,356
Net income (loss)	3,517
Corporate [Member]
Sales
Cost of goods sold
Gross margin
Operating expenses:
Depreciation and amortization	3,195
Selling and marketing
General and administrative	1,409,835
Professional fees	831,326
Total operating expenses	2,244,356
Income (loss) from operations	-2,244,356
Other income (expense)
Interest expense, net	-458,057
Other gains (losses)
Total other income (expense)	-458,057
Income (loss) before income taxes	-2,702,413
Provision for income taxes (benefit)	7,467
Net income (loss)	($2,715,771)

19_SEGMENT_INFORMATION_Details1

19. SEGMENT INFORMATION (Details 1) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Total assets	$27,614,020	$4,455,517
LED [Member]
Total assets	25,524,755	4,455,517
ORC [Member]
Total assets	1,401,866
CorporateMember
Total assets	$687,399

19_SEGMENT_INFORMATION_Details2

19. SEGMENT INFORMATION (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Goodwill	$12,388,431
Intangible assets	7,976,980
Property, plant and equipment	167,831	11,636
LED [Member]
Goodwill	12,388,431
Intangible assets	6,644,622
Property, plant and equipment	151,949	11,636
ORC [Member]
Goodwill
Intangible assets	1,332,358
Property, plant and equipment
CorporateMember
Goodwill
Intangible assets
Property, plant and equipment	$15,882

Uncategorized_Items

Uncategorized Items
[SSIE_AccretionOfPreferredStock]	31,054
[SSIE_AccruedIssuanceCostsRelatedToCommonSharesSoldInPrivatePlacements]
[SSIE_CashAndCashEquivalentsAtBeginningOfPeriod]	339,011
[SSIE_CashAndCashEquivalentsAtEndOfPeriod]	407,912
[SSIE_CommonStockIssuedAcquisitionCosts]
[SSIE_CommonStockIssuedForFinancingCostsInConnectionWithConvertibleDebentures]
[SSIE_CommonStockIssuedToReduceLoansPayableAndOtherAccruedLiabilities]
[SSIE_CommonStockIssuedWithLetterOfIntentToAcquireBusiness]
[SSIE_ContingentPurchaseConsiderations]
[SSIE_ConversionOfConvertibleDebenturesIntoCommonStock]
[SSIE_DebtIssuedRelatedToAcquisitionOfBusiness]
[SSIE_DeferredFinancingCostsAccruedInRelationToIssuanceOfDebt]
[SSIE_DeferredIncomeTaxes]
[SSIE_DiscountForBeneficialConversionFeaturesOnConvertibleDebentures]
[SSIE_DiscountForFairValueAdjustmentOnPromissoryNotes]
[SSIE_DividendAndRedemptionPaymentsOnPreferredStock]	-283,000
[SSIE_IssuanceOfStockRelatedToAcquisitions]
[SSIE_NetCashProvidedByFinancingActivitiesTotal]	-283,000
[SSIE_NetCashRequiredInvestingActivitiesTotal]	-2,768
[SSIE_OtherAccruedConsiderationRelatedToAcquisitionOfBusiness]
[SSIE_ProceedsFromExerciseOfStockPurchaseWarrantsNetOfIssuanceCosts]
[SSIE_ProceedsFromIssuanceOfSeniorSecuredPromissoryNotes]
[SSIE_RepaymentsOfSeniorSecuredPromissoryNotes]
[SSIE_UnrealizedGainLossOnChangeInFairValueOfContingentConsideration]
[SSIE_WorkingCapitalAdjustmentPayableRelatedToAcquisitionOfBusiness]
[us-gaap_AmortizationOfDebtDiscountPremium]
[us-gaap_AmortizationOfFinancingCosts]
[us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1]
[us-gaap_CashAcquiredFromAcquisition]
[us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease]	68,901
[us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents]
[us-gaap_IncomeTaxesPaid]
[us-gaap_IncreaseDecreaseInAccountsPayable]	-487,915
[us-gaap_IncreaseDecreaseInAccountsReceivable]	-1,275,004
[us-gaap_IncreaseDecreaseInAccruedLiabilities]	-120,270
[us-gaap_IncreaseDecreaseInAccruedTaxesPayable]	-5,571
[us-gaap_IncreaseDecreaseInInventories]	-9,307
[us-gaap_IncreaseDecreaseInOtherOperatingAssets]
[us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets]	42,637
[us-gaap_InterestPaid]
[us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims]
[us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations]	354,669
[us-gaap_PaymentsToAcquireIntangibleAssets]
[us-gaap_PaymentsToAcquirePropertyPlantAndEquipment]	2,768
[us-gaap_ProceedsFromConvertibleDebt]
[us-gaap_ProceedsFromIssuanceOfCommonStock]
[us-gaap_ProceedsFromIssuanceOfLongTermDebt]
[us-gaap_ProceedsFromRelatedPartyDebt]
[us-gaap_ProceedsFromRepaymentsOfDebt]
[us-gaap_ProvisionForDoubtfulAccounts]	-32,967
[us-gaap_RepaymentsOfConvertibleDebt]
[us-gaap_RepaymentsOfRelatedPartyDebt]