Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.19.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows From Operating Activities:    
Net loss $ (3,071) $ (3,158)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 20 27
Amortization 262 215
Stock-based compensation 93 195
Deferred offering costs 96
Inventory reserve 25
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable 34 (1)
Decrease in other current asset 1,124
Decrease in inventories 51 13
(Increase) decrease in prepaid expenses (88) 55
Decrease in other asset bond deposit 50
Increase in deferred revenue 20
Increase in accrued interest on promissory note payable 29
Decrease in accounts payable and accrued expenses (428) (17)
Net cash used in operating activities (1,904) (2,550)
Cash Flows From Financing Activities:    
Proceeds from registered direct offering of common stock, net 438
Proceeds from related promissory note payable 750
Deferred offering costs from at-the-market transaction (3) (108)
Deferred offering costs from private placement (45)
Net proceeds from issuance of common stock in private placement 1,850 1,489
Net cash provided by financing activities 2,285 2,086
Net increase (decrease) in cash 381 (464)
Cash at beginning of period 15 923
Cash at end of period 396 459
Cash paid during the year for    
Interest
Income taxes
Operating leases 57
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