XML 19 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (12,136) $ (13,853)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock option compensation expense 25 129
Restricted stock compensation expense 635 4
Depreciation expense 92 122
Amortization of right of use assets 335 552
Warrant liability fair value adjustment 2,832 (17)
Loss on issuance of financial instruments 0 6
Interest expense accrued related to convertible notes 80 329
Debt discount amortization 0 3,444
Changes in assets and liabilities:    
(Increase) decrease in prepaid expenses and other assets (232) 232
(Increase) decrease in accounts receivable (125) 404
(Increase) decrease in inventories (70) 143
Increase (decrease) in accounts payable and accrued expenses (3,957) 3,827
Decrease in deferred revenue (248) (240)
Decrease in operating lease liabilities (313) (540)
Decrease in other non-current liabilities 0 (504)
Net cash used in operating activities (13,082) (5,962)
Cash flows from investing activities:    
Purchase of property, plant and equipment (221) (2)
Net cash used in investing activities (221) (2)
Cash flows from financing activities:    
Principal payments on financing leases (23) 0
Net proceeds from the issuance of debt 0 3,719
Net payments related to reserve stock split (106) 0
Net proceeds from Public Offering 19,378 0
Net cash provided by financing activities 19,249 3,869
Foreign currency effects on cash 63 (69)
Net increase (decrease) in cash and cash equivalents 6,009 (2,162)
Cash and cash equivalents:    
Beginning of period 10,183 3,578
End of period 16,192 1,416
Supplemental Disclosure of Cash Flow Information:    
Interest expense 7 0
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Conversions of preferred stock into common stock 15 0
Reclassification of 2019 warrants from liability to equity 6,199 0
Exchange of 2019 warrants 0 13
Adoption of ASC 842 lease standard 0 1,652
Right of use assets obtained in exchange for lease obligations 0 874
Series D Preferred Stock [Member]    
Cash flows from financing activities:    
Net proceeds from sale of Series D Preferred Stock 0 150
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Conversion of Series D preferred stock to debt $ 0 $ 1,160