Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows From Operating Activities:    
Net loss $ (866) $ (975)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 5 7
Amortization 52 72
Stock-based compensation 217 243
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (19) 59
Decrease (increase) in inventories 96 (10)
Increase in operating lease right of use asset 14 224
(Increase) decrease in prepaid expenses and other assets (88) 995
Decrease in operating lease liabilities (9) (231)
Increase in accrued interest expense 13
Decrease in accounts payable and accrued expenses (359) (280)
Net cash (used in) provided by operating activities (944) 104
Cash Flows From Financing Activities:    
Proceeds from registered direct offering of common stock 228 228
Proceeds from related party promissory note 300
Proceeds from issuance of common stock in private placement 1,030 1,850
Net cash provided by financing activities 1,558 2,078
Net increase in cash 614 2,182
Cash at beginning of period 64 15
Cash at end of period 678 2,197
Supplemental schedule of non-cash investing and financing activities:    
Conversion of related party promissory note payable into shares of common stock 825 250
Reclassification of deferred offering costs to additional paid in capital $ 16