Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flow (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flow from operating activities    
Net loss $ (8,958) $ (4,284)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 75
Amortization of intangible assets
Amortization of lease incentive for tenant improvements 25 15
Non-cash interest expense 956 675
Loss on extinguishment of debt 340
Stock based compensation 40 173
Change in fair value of derivative liabilities (6,500) (2,938)
Loss on disposal of equipment 54 2
Loss on extinguishment of derivative liabilities 1,252
Provision for inventory reserve 1,300
Offering costs 682 131
Loss on impairment of goodwill 6,162
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (246) 63
Inventories (47) 34
Accounts payable and accrued liabilities (899) (323)
Net cash used in operating activities - continuing operations (7,746) (5,312)
Net cash (used in) operating activities - discontinued operations (207) 756
Net cash used in operating activities (7,953) (4,396)
Cash flows from investing activities    
Purchase of property and equipment (152) (917)
Purchase of intangible asset (50)
Proceeds from sale of property and equipment 8
Net cash used in investing activities (194) (917)
Cash flows from financing activities    
Proceeds from issuance of warrant derivative liabilities, net of issuance costs ($682) 7,577 679
Proceeds from issuance of preferred stock, net of issuance costs ($668) 6,749
Proceeds from issuance of common stock in connection with the exercise of warrants, net of issuance costs 1,652
Proceeds from the issuance of debt 705 2,500
Proceeds from the issuance of common stock 3,128
Issuance costs paid for debt (50)
Payments on debt (2,282) (5,043)
Net cash provided by financing activities 14,401 1,214
Net increase (decrease) in cash and cash equivalents 6,254 (4,099)
Cash and cash equivalents at beginning of period 539 6,915
Cash and cash equivalents at end of period 6,793 2,816
Noncash investing and financing activities    
Debt exchange 2,265
Payment of debt with common stock 1,453
Extinguishment of derivative liabilities through exercise of warrants 565
Warrants issued in association with debt 98
Debt discount from warrants issued with debt 189
Supplemental cash flow information    
Cash paid for interest $ 405 $ 333