Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.19.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows From Operating Activities:    
Net Loss $ (7,086) $ (6,540)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 155 1,233
Subsidiary stock issued to consultant 62 0
Warrant issued to consultant 0 9
Change in fair value of warrant liabilities 0 (3,438)
Depreciation and amortization 122 141
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (706) 292
Right of use asset 56 0
Accounts payable 490 (803)
Accrued expenses 627 (526)
Accrued employee benefits (821) (711)
Lease Liability (105) 0
Deferred rent 0 (44)
Net Cash Used In Operating Activities (7,206) (10,387)
Net Cash Used In Investing Activities 0 0
Cash Flows From Financing Activities:    
Proceeds from issuance ATM offering, net of issuance costs 0 400
Net Cash Provided By Financing Activities 0 400
Net decrease in cash (7,206) (9,987)
Cash and cash equivalents at beginning of period 28,918 17,116
Cash and cash equivalents at end of period 21,712 7,129
Noncash Financing Activities:    
Right of use asset from operating lease 538 0
Deemed dividends for beneficial conversion feature 515 0
In-kind dividends paid in preferred stock 122 120
Series B Preferred Stock [Member]    
Noncash Financing Activities:    
Conversion of Series B Preferred Stock $ 825 $ 0