| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Operating Activities | ||||||
Net loss | ||||||
-10,878 | -7,767 | -5,305 | -5,748 | -8,841 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
477 | 295 | 118 | 60 | 53 | ||
Amortization of debt discount | ||||||
250 | - | - | 431 | 642 | ||
Amortization of lease right | ||||||
148 | - | - | - | - | ||
Accrued interest expense included in notes payable | ||||||
- | 0 | 8 | - | - | ||
Change in fair value of note | ||||||
- | - | - | -698 | 0 | ||
Accrued interest expense included in notes payable | ||||||
0 | - | - | 86 | 110 | ||
Stock-based compensation | ||||||
378 | 1,595 | 1,932 | 787 | 2,400 | ||
Stock-based compensation - officer and director | ||||||
2,339 | - | - | - | - | ||
Goodwill impairment | ||||||
1,563 | - | - | - | - | ||
Non-cash financing costs - derivative liability | ||||||
415 | - | - | - | - | ||
Stock-based compensation – related parties | ||||||
- | 0 | 183 | 982 | 2,485 | ||
Change in fair value of derivative warrants | ||||||
-292 | 1,621 | 0 | 575 | 0 | ||
Management fee compensation expense | ||||||
- | - | - | 191 | 0 | ||
Loss on settlement of promissory notes payable and accounts payable | ||||||
- | - | - | -249 | -258 | ||
Inducement expense on conversions of notes payable to equity | ||||||
- | - | - | - | 1,699 | ||
Warrants issued in payment of accounts payable | ||||||
- | - | - | - | 7 | ||
Changes in operating assets and liabilities: | ||||||
(Increase) decrease in - | ||||||
Accounts receivable | ||||||
50 | -44 | 20 | 0 | 0 | ||
Inventories | ||||||
-47 | 203 | 17 | 13 | 6 | ||
Deposits and prepaid expenses | ||||||
315 | -68 | 87 | -14 | 9 | ||
Increase (decrease) in - | ||||||
Accounts payable and accrued expenses | ||||||
-14 | 102 | -121 | 84 | 76 | ||
Lease liability | ||||||
140 | - | - | - | - | ||
Accrued and deferred rent costs | ||||||
40 | 69 | -76 | -54 | -17 | ||
Net cash used in operating activities | ||||||
-6,030 | -4,173 | -3,403 | -1,653 | - | ||
Investing Activities | ||||||
Net cash used in operating activities | ||||||
- | - | - | - | -1,139 | ||
Purchase of property and equipment | ||||||
171 | 260 | 37 | 3 | 2 | ||
Purchase of intellectual property | ||||||
- | 50 | 0 | - | - | ||
Cash assumed upon acquisition | ||||||
- | 0 | 4 | 0 | - | ||
Net cash used in investing activities | ||||||
-171 | -310 | -32 | -3 | - | ||
Financing Activities | ||||||
Proceeds from issuance of preferred stock | ||||||
- | 0 | 3,105 | 1,145 | 0 | ||
Proceeds from issuance of common stock | ||||||
16,224 | 850 | 5,000 | 0 | - | ||
Net cash used in investing activities | ||||||
- | - | - | - | -2 | ||
Proceeds from issuance of convertible notes | ||||||
250 | - | - | 136 | 542 | ||
Proceeds from issuance of promissory notes - related party | ||||||
- | - | - | 140 | 200 | ||
Proceeds from issuance of promissory notes | ||||||
100 | 0 | 100 | 220 | 100 | ||
Payments on promissory note | ||||||
100 | 0 | 149 | 151 | 0 | ||
Proceeds from exercise of warrants | ||||||
171 | 16 | 0 | - | 75 | ||
Payments on line of credit | ||||||
- | 30 | 1 | 0 | - | ||
Deferred financing costs of IPO | ||||||
- | 270 | 0 | - | - | ||
Decrease in due to related parties | ||||||
- | -146 | 54 | 215 | 232 | ||
Net cash provided by financing activities | ||||||
16,645 | 419 | 8,108 | 1,705 | - | ||
Net cash provided by financing activities | ||||||
- | - | - | - | 1,149 | ||
Cash: | ||||||
Net increase (decrease) | ||||||
10,444 | - | - | - | - | ||
Net decrease | ||||||
- | -4,064 | 4,672 | 48 | 7 | ||
Supplemental disclosure of cash flow information: | ||||||
Interest | ||||||
- | 0 | 23 | 0 | - | ||
Cash paid for - Income taxes | ||||||
- | 0 | 0 | - | - | ||
Cash paid for - Interest | ||||||
- | - | - | - | 0 | ||
Income taxes | ||||||
- | - | - | 0 | 0 | ||
Non-cash financing activities: | ||||||
Fair value of warrants issued in connection with convertible notes | ||||||
436 | - | - | - | - | ||
Recording of lease asset and liability upon adoption of ASU 2016-02 | ||||||
721 | - | - | - | - | ||
Reclass of warrant liability to equity | ||||||
359 | - | - | - | - | ||
Fair value of common stock issued upon conversion of convertible notes and accrued interest | ||||||
250 | - | - | - | - | ||
Reclass of deferred offering costs to equity | ||||||
270 | - | - | - | - | ||
Issuance of common stock dividends on preferred stock | ||||||
- | 0 | 308 | 35 | 0 | ||
Issuance of common stock upon conversion of accrued management fees | ||||||
- | - | - | 410 | - | ||
Issuance of preferred stock upon conversion of notes payable and related interest | ||||||
- | - | - | 535 | 0 | ||
Issuance of common stock upon conversion of notes payable and related interest | ||||||
- | 0 | 13 | 687 | 2,412 | ||
Fair value of warrants issued in connection with promissory and convertible notes payable | ||||||
- | - | - | 270 | 198 | ||
Beneficial conversion feature associated with promissory and convertible notes payable | ||||||
- | - | - | 70 | 25 | ||
Intangible assets | ||||||
- | 0 | 674 | 0 | - | ||
Goodwill | ||||||
- | 0 | 1,563 | - | - | ||
Goodwill | ||||||
- | 0 | 1,563 | 0 | - | ||
Other assets | ||||||
- | 0 | 49 | 0 | - | ||
Accrued interest on notes payable utilized to exercise warrants | ||||||
- | - | - | - | 93 | ||
Fair value of warrants issued in conversion of accounts payable | ||||||
- | - | - | - | 7 | ||