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 $ (2,150) $ (2,247)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 13 20
Amortization 165 144
Stock-based compensation 71 165
Deferred offering costs 96
Changes in operating assets and liabilities:    
Decrease in accounts receivable 62 2
Decrease in other current asset 1,124
(Increase) decrease in inventories (1) 12
(Increase) decrease in prepaid expenses (137) 51
Increase in other assets 50
Increase in accrued interest on promissory note payable 20
Decrease in accounts payable and accrued expenses (352) (13)
Net cash used in operating activities (1,135) (1,770)
Cash Flows From Financing Activities:    
Proceeds from registered direct offering of common stock, net 428
Deferred offering costs from at-the-market transaction (49)
Deferred offering costs from private placement (45)
Net proceeds from issuance of common stock in private placement 1,850 1,449
Net cash provided by financing activities 2,278 1,355
Net increase (decrease) in cash 1,143 (415)
Cash at beginning of period 15 923
Cash at end of period 1,158 508
Supplemental information related to leases:    
Cash paid on operating leases 38
Supplemental schedule of non-cash investing and financing activities:    
Conversion of related party promissory note into shares of common stock 250
Reclassification of deferred offering costs to additional paid in capital $ 16 $ 6