Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flow from operating activities    
Net loss from continuing operations $ (3,805) $ (8,958)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 79 75
Non-cash lease expense 264
Amortization of intangible assets 4
Amortization of lease incentive for tenant improvements 25
Non-cash interest income (344)
Non-cash interest expense 956
Loss on extinguishment of debt 340
Stock based compensation 2 40
Change in fair value of derivative liabilities (754) (6,500)
Loss on extinguishment of derivative liabilities 1,252
Loss on disposal of equipment 54
Loss on impairment of goodwill 6,162
Bad debt expense (3)
Changes in operating assets and liabilities:    
Trade accounts receivable 154
Prepaid expenses and other current assets 33 (246)
Inventories (35) (47)
Accounts payable and accrued liabilities 83 (899)
Net cash used in operating activities - continuing operations (4,322) (7,746)
Net cash used in operating activities - discontinued operations (207)
Net cash used in operating activities (4,322) (7,953)
Cash flows from investing activities    
Purchase of property and equipment (141) (152)
Proceeds from notes receivable, net of imputed interest 1,111
Proceeds from sale of property and equipment 8
Purchase of intangible asset (50)
Net cash used in investing activities 970 (194)
Cash flows from financing activities    
Proceeds from issuance of stock in connection with exercise of warrants, net of issuance costs 103 1,652
Proceeds from issuance of common stock, net of fees ($245) 1,285
Proceeds from issuance of preferred stock, net of issuance costs ($668) 6,749
Proceeds from issuance of warrant derivative liabilities, net of issuance costs ($682) 7,577
Payments on operating lease liability (557)
Proceeds from issuance of debt 705
Payments on debt (2,282)
Net cash provided by financing activities 831 14,401
Net increase (decrease) in cash and cash equivalents (2,521) 6,254
Cash and cash equivalents at beginning of period 5,447 539
Cash and cash equivalents at end of period 2,926 6,793
Noncash investing and financing activities    
Right-of-use assets and assumption of operating lease liability 2,704
Reduction of derivative liability due to exercise of warrants 44
Hercules and MEF I, LP/Anson Investments Debt Exchange 2,265
Issuance of common stock in exchange for reduction in debt 1,453
Extinguishment of derivative liabilities through exercise of warrants 565
Warrants issued in association with debt 98
Issuance of debt for equipment 21
Supplemental cash flow information    
Cash paid for interest $ 2 $ 405