| Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 |
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-5,789 | -10,798 | -19,063 | -21,078 | -4,238 | -1,332 | -550 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Provision for obsolete inventory | ||||||
-106 | -14 | 211 | 179 | 0 | - | 37 |
Provision for returns | ||||||
-25 | -4 | 26 | 2 | -3 | 3 | 4 |
Loss on extinguishment of debt | ||||||
- | - | - | -810 | -468 | 0 | - |
Stock based compensation | ||||||
2,519 | 5,348 | 5,632 | 3,318 | 731 | 238 | 260 |
Shares issued for services | ||||||
- | - | - | - | 140 | 0 | 0 |
Shares to be issued in exchange for services | ||||||
- | - | - | 39 | 7 | 45 | - |
Compensation charge in connection with amendment of warrants | ||||||
- | - | 63 | 0 | - | - | - |
Derivative expense | ||||||
- | - | - | 12,028 | 170 | 0 | - |
Change in fair value of derivative financial instruments | ||||||
- | - | 708 | 1,921 | 9 | 0 | - |
Amortization of deferred financing costs | ||||||
- | - | 28 | - | - | - | - |
Other non cash items (Schedule 1) | ||||||
- | - | 12,178 | 17,333 | 2,218 | 336 | - |
Unrealized foreign exchange | ||||||
- | - | - | -2 | 2 | 0 | - |
Finance fees paid in connection with debt extinguishment | ||||||
- | - | - | 38 | 2 | 0 | - |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
173 | -132 | 55 | 32 | -339 | 335 | 49 |
Accounts receivable - related party | ||||||
441 | 0 | - | - | - | - | - |
Related party advances receivable | ||||||
234 | 0 | - | - | - | - | - |
Due from factor | ||||||
106 | 0 | - | - | - | - | - |
Advances receivable - related party | ||||||
234 | 0 | - | - | - | - | - |
Prepaid expenses and deposits | ||||||
-298 | -460 | 573 | - | - | - | - |
Advances receivable | ||||||
- | - | - | -50 | 50 | 0 | - |
Prepaid expenses and deposits | ||||||
- | - | - | 312 | 23 | 42 | 2 |
Inventory | ||||||
-750 | 1,293 | 949 | -241 | 367 | 166 | -17 |
Trade payables and accrued liabilities | ||||||
-506 | 767 | - | - | - | - | - |
Checks in excess of cash balance | ||||||
- | - | - | - | - | - | -8 |
Accounts payable | ||||||
- | - | 705 | -312 | 356 | 60 | 75 |
Interest payable | ||||||
-7 | 5 | 722 | 62 | 0 | - | - |
Deferred costs | ||||||
0 | -15 | 0 | - | - | - | - |
Deferred compensation | ||||||
-37 | -133 | 0 | 170 | 0 | - | - |
Net cash used in operating activities | ||||||
- | - | -6,779 | - | - | - | - |
Net cash provided by (used in) operating activities | ||||||
-3,859 | -5,501 | - | -3,702 | -1,751 | -1,466 | -211 |
Cash flows from investing activities | ||||||
Related party advances receivable | ||||||
306 | 0 | - | - | - | - | - |
Acquisition of intangible assets | ||||||
0 | 7 | 33 | 27 | 5 | 40 | 0 |
Purchase of equipment | ||||||
- | - | 5 | 21 | 6 | 2 | 0 |
Net cash used in investing activities | ||||||
- | - | -38 | - | - | - | - |
Cash acquired from Search By Headlines.com Corp. | ||||||
- | - | - | - | - | 386 | 0 |
Net cash used in investing activities | ||||||
-306 | -7 | - | -48 | -11 | 343 | -0 |
Cash flows from financing activities | ||||||
Proceeds from share issuances, net | ||||||
5,307 | 300 | 9,842 | 0 | 983 | 433 | 144 |
Share issuance offering costs | ||||||
- | - | 715 | 0 | 85 | 21 | 0 |
Repurchase of warrants | ||||||
50 | 0 | - | - | - | - | - |
Proceeds from share subscriptions received | ||||||
0 | 1,655 | 0 | - | - | - | - |
Advances from Search by Headlines.com Corp prior to the merger | ||||||
- | - | - | - | - | 325 | 50 |
Acquisition costs | ||||||
- | - | - | - | - | -34 | 0 |
Proceeds from the issuance of promissory notes | ||||||
0 | 253 | 0 | 927 | 571 | 0 | - |
Repayments of promissory notes | ||||||
253 | 0 | - | 413 | 199 | 9 | 0 |
Payments to repurchase shares | ||||||
- | - | - | - | - | - | 0 |
Proceeds from convertible promissory notes | ||||||
0 | 224 | 0 | 6,094 | 958 | 500 | 0 |
Repayments of convertible promissory notes | ||||||
0 | 600 | 0 | 364 | 381 | 0 | - |
Repayments under factoring arrangements | ||||||
302 | 1,274 | 732 | - | - | - | - |
Debt offering costs | ||||||
- | - | - | 616 | 45 | 0 | - |
Repayments on factoring arrangements | ||||||
- | - | - | 0 | - | 31 | - |
Advances under factoring arrangements | ||||||
0 | 1,050 | 1,260 | 0 | - | - | 37 |
Repayments of related party payables | ||||||
- | - | - | - | -13 | -48 | 32 |
Net cash provided by financing activities | ||||||
4,701 | 1,607 | - | 5,627 | 1,787 | 1,112 | 265 |
Net cash provided by (used in) financing activities | ||||||
- | - | 9,655 | - | - | - | - |
Net increase (decrease) in cash | ||||||
535 | -3,901 | 2,837 | - | - | - | - |
Effect of exchange rate changes on cash | ||||||
- | - | - | - | - | 3 | -2 |
Net increase in cash | ||||||
- | - | - | 1,875 | 23 | -6 | 50 |
Cash paid during the period for: | ||||||
Interest | ||||||
10 | 20 | - | - | - | - | - |
Interest | ||||||
- | - | 70 | 112 | 65 | 24 | 3 |
Income Taxes | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 |
Non-cash financing activities: | ||||||
Extinguishment of accrued salary with equity | ||||||
654 | 0 | 12 | - | - | - | - |
Depreciation and amortization | ||||||
0 | 13 | 17 | 29 | 22 | 11 | 2 |
Extinguishment of accounts payable with equity | ||||||
- | - | - | 11 | 39 | 15 | - |
Repayment of promissory note through the issuance of new promissory note | ||||||
- | - | - | - | - | 0 | - |
Related party payable refinancing to note payable | ||||||
- | - | - | - | - | - | 9 |
Debt settlement agreements | ||||||
- | - | - | - | - | - | 0 |
Conversion of related party payable to equity | ||||||
- | - | - | - | - | 375 | 0 |
Accounts payable - Search By Headlines.com Corp | ||||||
- | - | - | - | - | 153 | 0 |
Settlement of notes through the issuance of shares | ||||||
- | - | - | 225 | 0 | - | - |
Reclassification of derivative liability to additional paid in capital | ||||||
- | - | 3,091 | 0 | - | - | - |
Conversion of convertible debt to shares | ||||||
0 | 224 | 7,169 | - | - | - | - |
Debt issuance costs paid in warrants | ||||||
- | - | - | 1,552 | 0 | - | - |
Debt conversion expense | ||||||
- | - | - | 309 | 0 | - | - |
Amortization of deferred financing fees | ||||||
- | - | - | 674 | 269 | 38 | 0 |
Interest capitalized to convertible debt | ||||||
- | - | - | 10 | 1 | 0 | - |
Shares issued as penalty under debt agreements | ||||||
- | - | - | 1 | 2 | 0 | - |
Interest paid in shares | ||||||
0 | 4 | 78 | 274 | 0 | - | - |
Conversion of convertible debt to shares | ||||||
- | - | - | 0 | - | - | - |
Interest paid in shares | ||||||
- | - | - | 0 | - | - | - |
Schedule 1 to the Statements of Cash Flows | ||||||
Profit and loss items not involving cash consists of: Stock based compensation | ||||||
2,519 | 5,348 | - | - | - | - | - |
Interest on Search by Headlines.com Corp loan forgiven | ||||||
- | - | - | - | - | 8 | 0 |
Accretion of debt discount | ||||||
- | - | 7,163 | 235 | 434 | 4 | - |
Other Noncash Income (Expense), Total | ||||||
2,519 | 5,348 | 12,178 | - | - | - | - |
Accretion of debt discount | ||||||
- | - | - | - | - | - | 0 |
Total Other items not involving Cash | ||||||
- | - | - | 17,333 | 2,218 | 336 | - |
Forgiveness of related party payable recorded in deficit | ||||||
- | - | - | - | - | - | 22 |