Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities:    
Net loss $ (975) $ (1,213)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation 7 11
Amortization 72 72
Stock-based compensation 243 123
Changes in operating assets and liabilities:    
Decrease in accounts receivable 59 3
Increase in inventories (10) (3)
Increase in operating lease right of use asset 224
Decrease (increase) in prepaid expenses and other assets 995 2
Increase in operating lease liabilities (231)
Increase (decrease) in accounts payable and accrued expenses (280) 16
Net cash provided by (used in) operating activities 104 (989)
Cash Flows From Financing Activities:    
Proceeds from registered direct offering of common stock, net 228 296
Net proceeds from issuance of common stock in private placement 1,850
Net cash provided by financing activities 2,078 296
Net increase (decrease) in cash 2,182 (693)
Cash at beginning of period 15  
Cash at end of period 2,197 230
Supplemental schedule of non-cash investing and financing activities:    
Conversion of related party promissory note payable into shares of common stock 250
Reclassification of deferred offering costs to additional paid in capital $ 16 $ 6