Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (8,390) $ (8,089)
Loss from discontinuing operations 5,982 8,057
Income (loss) from continuing operations (2,408) (32)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 29 77
Amortization 223 258
Stock-based compensation 260 542
Change in fair value of warrant liability, acquisition note payable and other derivatives (292) (2,927)
Amortization of discount of debt and debt issuance costs 470 0
Interest added to Convertible Note 268 0
Modification of 2017 Debt warrants 0 83
Loss in equity-method investment 0 3
Loss on extinguishment of debt 256 0
Changes in:    
Accounts receivable 85 (43)
Other current assets (61) 65
Operating lease right-of-use assets 85  
Other non-current assets 0 6
Accounts payable, accrued expenses and deferred revenue 306 201
Obligations under operating leases (107)  
Deferred rent payable and other 0 (23)
Net cash used in operating activities, continuing operations (886) (1,790)
Net cash used in operating activities, discontinuing operations (3,974) (6,311)
Net cash used in operating activities (4,860) (8,101)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets (21) (4)
Net cash used in investing activities, continuing operations (21) (4)
Net cash provided by (used in) investing activities, discontinuing operations (34) 963
Net cash provided by (used in) investing activities (55) 959
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on obligations under finance leases (12)  
Principal payments on obligations under finance leases   (27)
Proceeds from offerings of common stock, net of certain offering costs 5,412 0
Net cash provided by (used in) financing activities, continuing operations 5,400 (27)
Net cash provided by (used in) financing activities, discontinuing operations 62 (832)
Net cash provided by (used in) financing activities 5,462 (859)
Effect of foreign exchange rates on cash and cash equivalents and restricted cash (41) 61
Net increase (decrease) in cash and cash equivalents and restricted cash 506 (7,940)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Beginning 511 9,891
Ending 1,017 1,951
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Cash paid for interest 694 638
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Fixed assets acquired through capital lease arrangement 145 0
Conversion of debt and accrued interest into common stock 350 0
Increase in fair value of embedded conversion option 547  
Fair value of warrants reclassified from liabilities to equity $ 0 $ 423