| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-17,372 | -14,083 | -15,486 | -7,598 | -9,135 | -10,221 | -3,713 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
205 | 218 | 100 | 52 | 43 | 41 | - |
Change in deferred rent | ||||||
- | - | 157 | 2 | 9 | 0 | - |
Depreciation | ||||||
- | - | - | - | - | - | 1 |
Stock based compensation expense | ||||||
2,985 | 3,833 | 3,597 | 1,518 | 1,592 | 1,974 | 325 |
Loss on disposal of equipment | ||||||
-6 | - | - | - | - | - | - |
Amortization of operating lease right-of-use assets | ||||||
452 | - | - | - | - | - | - |
Amortization of finance lease right-of-use assets | ||||||
122 | - | - | - | - | - | - |
Amortization of bond discount | ||||||
0 | - | - | - | - | - | - |
Deferred tax liability | ||||||
- | 506 | - | - | - | - | - |
Change in deferred rent | ||||||
- | 57 | - | - | - | - | - |
Deferred tax liability | ||||||
- | - | -356 | 0 | 0 | - | - |
Issuance of shares in Matinas Holdings (July 11, 2013) | ||||||
- | - | - | - | - | - | 953 |
Common stock issued in lieu of bonus | ||||||
- | - | - | - | - | - | 1,252 |
Changes in operating assets and liabilities: | ||||||
Grant receivable | ||||||
- | - | - | 0 | -45 | 0 | - |
Other assets | ||||||
- | - | -4 | 480 | -100 | 0 | 315 |
Operating lease liabilities | ||||||
-359 | - | - | - | - | - | - |
Prepaid expenses and other current assets | ||||||
1,358 | -349 | - | - | - | - | - |
Prepaid expenses | ||||||
- | - | -256 | -189 | 111 | 29 | 84 |
Accounts payable | ||||||
383 | -287 | 107 | -22 | -73 | -125 | 336 |
Accrued expenses and other liabilities | ||||||
842 | 97 | 159 | - | - | - | - |
Accrued expenses - other liabilities | ||||||
- | - | - | 219 | -285 | 400 | 462 |
Net cash used in operating activities | ||||||
-14,092 | -10,321 | -11,459 | -6,118 | -7,814 | - | - |
Cash flows from investing activities: | ||||||
Purchase of marketable securities | ||||||
5,605 | - | - | - | - | - | - |
Net cash used in operating activities | ||||||
- | - | - | - | - | -7,961 | -2,987 |
Purchases of leasehold improvements and equipment | ||||||
405 | 535 | 942 | 0 | 76 | 288 | 94 |
Acquisition of Aquarius - net of cash acquired | ||||||
- | - | - | 0 | -70 | 0 | - |
Net cash used in investing activities | ||||||
-6,011 | -535 | -942 | 0 | -5 | - | - |
Cash flows from financing activities: | ||||||
Net proceeds from public offering of common stock | ||||||
30,103 | - | - | - | - | - | - |
Proceeds from common stock, issued for cash | ||||||
- | - | - | 0 | 10,000 | 0 | 15,000 |
Common stock issuance cost | ||||||
- | - | - | 0 | 1,485 | - | - |
Net cash used in investing activities | ||||||
- | - | - | - | - | -288 | -94 |
Net proceeds from issuance of Series B convertible preferred stock | ||||||
- | 7,056 | - | 8,000 | 0 | - | - |
Net proceeds from ATM sale | ||||||
- | 9,240 | - | - | - | - | - |
Repayment of loans provided by founders | ||||||
- | - | - | - | - | - | 24 |
Proceeds from redeemable convertible preferred stock issued for cash | ||||||
- | - | - | - | - | - | 500 |
Preferred stock issuance costs | ||||||
- | - | - | 1,157 | 0 | - | 4 |
Common stock issuance cost | ||||||
- | - | - | - | - | - | 2,378 |
Proceeds from exercise of warrants | ||||||
- | - | 14,828 | 315 | 0 | - | - |
Proceeds from exercise of options | ||||||
30 | - | - | - | - | - | - |
Net proceeds from ATM sales | ||||||
- | - | - | 0 | 0 | - | - |
Warrant tender issuance costs | ||||||
- | - | - | 0 | 0 | - | - |
Proceeds from ATM sale, net of commissions of $285,774 | ||||||
- | 9,240 | -1,122 | - | - | - | - |
Payments of capital lease liability - principal | ||||||
81 | 59 | 17 | 15 | 48 | 0 | - |
Payments of note payable | ||||||
199 | 370 | 330 | 144 | 10 | 0 | - |
Net cash provided by financing activities | ||||||
29,851 | 15,867 | 15,602 | 6,997 | 8,456 | - | - |
Net (decrease)/increase in cash, cash equivalents and restricted cash | ||||||
9,748 | 5,009 | 3,200 | - | - | - | - |
Proceeds from formation of holding's common stock | ||||||
- | - | - | - | - | - | 375 |
Proceeds from formation warrants | ||||||
- | - | - | - | - | - | 10 |
Proceeds from private placement warrants | ||||||
- | - | - | - | - | - | 20 |
Net cash provided by (used in) financing activities | ||||||
- | - | - | - | - | 0 | 13,498 |
Net increase in cash and cash equivalents | ||||||
- | - | - | 878 | 636 | -8,249 | - |
Net (decrease) increase in cash equivalents | ||||||
- | - | - | - | - | - | 10,416 |
Supplemental non-cash financing and investing activities: | ||||||
Unrealized gains on marketable securities | ||||||
0 | - | - | - | - | - | - |
Preferred stock conversion into common stock - series A | ||||||
5,583 | 133 | - | - | - | - | - |
Preferred stock conversion into common stock - Series B | ||||||
210 | 2,770 | - | - | - | - | - |
Stock dividends issued and converted to common stock | ||||||
2,234 | 14 | - | - | - | - | - |
Preferred stock conversion into common stock - series A | ||||||
5,583 | 133 | 369 | - | - | - | - |
Preferred stock conversion into common stock - series B | ||||||
210 | 2,770 | - | - | - | - | - |
Conversion of preferred stock | ||||||
- | - | - | 0 | 0 | - | - |
Stock dividends accrual | ||||||
1,174 | 587 | 608 | - | - | - | - |
Exercise of warrants | ||||||
10 | - | - | - | - | - | - |
Leasehold improvements paid by landlord | ||||||
- | - | 286 | - | - | - | - |
Note payable for insurance premiums | ||||||
- | - | - | 262 | 0 | - | - |
Leasehold improvements paid by landlord | ||||||
- | - | - | 0 | 0 | - | - |
Unearned restricted stock grants | ||||||
58 | 58 | 381 | 0 | 0 | - | - |
Right-of-use assets obtained in exchange for liabilities | ||||||
4,453 | - | - | - | - | - | - |
Warrants issued to placement agent | ||||||
- | 89 | - | - | - | - | - |
Issuance of stock for services to be rendered | ||||||
- | - | - | - | - | - | 470 |
Capital lease for equipment purchase | ||||||
- | - | - | - | - | 111 | 0 |
Contingent equity consideration for Aquarius Merger | ||||||
- | - | - | 0 | 753 | 0 | - |
Stock consideration for Aquarius merger | ||||||
- | - | - | 0 | 2,119 | 0 | - |
Deemed dividend for convertible preferred stock beneficial conversion feature | ||||||
- | - | - | 4,393 | 0 | - | - |
Fair value of placement agent warrants as an issuance cost | ||||||
- | - | - | 0 | 0 | - | - |
Stock dividend accrual | ||||||
- | - | - | 0 | 0 | - | - |
Stock dividends issued | ||||||
- | - | 7 | 0 | 0 | - | - |
Inducement charges for modification of warrants | ||||||
- | - | 16,741 | - | - | - | - |
Note payable for insurance premiums | ||||||
- | 399 | 383 | - | - | - | - |
Additional paid-in-capital for modification of warrants | ||||||
- | - | - | 0 | 0 | - | - |
Equipment acquired under capital lease | ||||||
- | 155 | 85 | 31 | 0 | - | - |