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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows used in operating activities:    
Net loss $ (12,773) $ (28,607)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 104 63
Stock-based compensation 2,062 1,573
Amortization of right-of-use asset 186 149
Impairment of right-of-use asset 772 0
Impairment of in-process research and development 5,990 0
Transaction costs - shares to Financial Advisor 0 5,765
Loss on sale of NTN assets 0 9,648
Loss on disposal of fixed assets 274 0
Gain on lease termination (85) 0
Gain on warrant liabilities (9,470) 0
Loss on non-controlling investment 911 0
Changes in operating assets and liabilities:    
Other receivable (5) 5
Prepaid expenses and other current assets (727) (1,508)
Security deposits and other non-current assets 11 (27)
Accounts payable and accrued expenses 2,295 1,862
Operating lease liability (153) (139)
Other liabilities 1,183 982
Net cash used in operating activities (9,425) (10,234)
Cash flows (used in) provided by investing activities:    
Purchase of property and equipment (233) 0
Proceeds from the sales of fixed assets 100 0
Purchase of NTN, net of cash acquired 0 147
Proceeds from the sale of NTN assets, net of cash disposed 0 119
Net cash (used in) provided by investing activities (133) 266
Cash flows provided by financing activities:    
Proceeds from issuance of common stock and warrants in connection with private offering 11,993 0
Payroll tax remitted on net share settlement of equity awards (5) 0
Dividends paid to Series A preferred stockholders (8) 0
Proceeds from issuance of common stock to Lincoln Park 0 50,497
Fees incurred in connection with the common stock issued to Lincoln Park 0 (1,972)
Proceeds from sale of members' equity 0 10,500
Proceeds from the exercise of stock options 0 10
Repayment of NTN's PPP loan 0 (532)
Net cash provided by financing activities 11,980 58,503
Net increase in cash and cash equivalents 2,422 48,535
Cash and cash equivalents at beginning of period 16,985 1,630
Cash and cash equivalents at end of period 19,407 50,165
Cash paid during the period for:    
Interest 14 0
Income taxes 8 0
Supplemental disclosure of non-cash investing and financing activities:    
Issuance of common stock for business combination 0 8,177
Series A preferred stock retained in business combination 0 1
Initial measurement of ROU assets and liabilities $ 1,706 $ 874