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v3.8.0.1

Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016
Cash Flows from Operating Activities: |  |
Net loss | $ (9,805) | $ (3,926)
Adjustments to reconcile net loss to net cash used in operating activities: |  |
Depreciation | 18 | 6
Stock-based compensation | 707 | 324
Deferred compensation - related party | 62 | 87
Change in fair value of warrant liability | 2,548 | 0
Gain in settlement of liability | (149) | 0
Gain from expiration of warrants | (1,238) | 0
Other | (9) | 0
Changes in operating assets and liabilities: |  |
Prepaid expenses | (364) | (215)
Accounts payable | 411 | (41)
Accrued expenses | 495 | 0
Net Cash Used in Operating Activities | (7,324) | (3,765)
Cash Flows from Investing Activities: |  |
Purchase of fixed assets | (28) | (21)
Acquisition of Moleculin, LLC, net | 0 | (100)
Net Cash Used in Investing Activities | (28) | (121)
Cash Flows from Financing Activities: |  |
Proceeds from notes payable | 0 | 165
Payments on notes payable | 0 | (470)
Proceeds from exercise of warrants | 3,988 | 0
Proceeds from sale of common stock, net of cash stock issuance costs | 6,071 | 9,170
Net Cash Provided by Financing Activities | 10,059 | 8,865
Net change in cash and cash equivalents | 2,707 | 4,979
Cash and cash equivalents, at beginning of period | 5,007 | 28
Cash and cash equivalents, at end of period | 7,714 | 5,007
Supplemental disclosures of cash flow information: |  |
Cash paid for interest | 3 | 5
Cash paid for income taxes | 0 | 0
Supplemental disclosure of non-cash investing and financing activities: |  |
Common stock issued for the Acquisition of Moleculin, LLC | 0 | 9,774
Common stock issued for conversion of debt | 302 | 364
Warrants issued for services provided | 104 | 375
Common stock issued for services provided | $ 89 | $ 158

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