| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net income (loss) | ||||||
-20,502 | 896 | -15,346 | -4,905 | -18,742 | -13,580 | -4,013 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
158 | 200 | 29 | 3 | - | - | - |
Stock-based compensation | ||||||
875 | 841 | 1,624 | 2,471 | 3,275 | 1,418 | 1,077 |
Amortization of debt discounts and issuance costs | ||||||
215 | 247 | - | - | - | - | - |
Impairment of intangible assets | ||||||
- | - | 2,294 | 0 | - | - | - |
Non-cash interest expense | ||||||
- | - | 724 | - | - | - | - |
Non-cash interest expense | ||||||
- | - | - | 0 | - | - | - |
Change in fair value of warrant liability | ||||||
5,710 | -12,705 | -633 | 0 | - | - | - |
Provision for obsolete inventory | ||||||
- | 770 | 319 | 0 | - | - | - |
Loss on sale of property and equipment | ||||||
-12 | - | - | - | - | - | - |
Expenses allocated to warrant liability | ||||||
- | - | 1,302 | 0 | - | - | - |
Deferred tax benefit | ||||||
- | - | -920 | 0 | - | - | - |
Share-Based Payments to Vendors | ||||||
- | - | - | - | 575 | - | - |
Share-Based Payments to Vendors | ||||||
- | - | - | - | - | 450 | 123 |
Amortization of short-term investment interest income | ||||||
- | - | - | - | 20 | - | - |
Executive Compensation Settled with Membership Interests | ||||||
- | - | - | - | - | - | 115 |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
0 | -1 | 14 | 5 | - | - | - |
Inventory | ||||||
- | 524 | 449 | 116 | - | - | - |
Prepaid expenses and other assets | ||||||
-152 | 109 | 223 | -13 | - | - | - |
Vendor deposit | ||||||
- | -707 | 715 | 0 | - | - | - |
Right of use assets | ||||||
-94 | - | - | - | - | - | - |
Prepaid expenses | ||||||
- | - | - | - | 26 | 74 | 39 |
Security Deposit | ||||||
- | - | - | - | 0 | -49 | 3 |
Accounts payable and accrued liabilities | ||||||
448 | -194 | -109 | 633 | 345 | 559 | 538 |
Accrued bonuses | ||||||
118 | 198 | -1,434 | 0 | - | - | - |
Accrued interest | ||||||
166 | 225 | 229 | 64 | - | - | - |
Other current and long-term liabilities | ||||||
-109 | -55 | - | - | - | - | - |
Accrued interest - related parties | ||||||
- | - | 13 | 30 | - | - | - |
Deferred revenue | ||||||
- | - | -200 | 0 | - | - | - |
Other current and long-term liabilities | ||||||
- | - | 201 | 0 | - | - | - |
Net cash used in operating activities | ||||||
-12,659 | -9,499 | -13,306 | -1,810 | - | - | - |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Net cash used in operating activities | ||||||
- | - | - | - | -14,592 | -11,276 | -2,194 |
Purchases of property and equipment | ||||||
241 | 654 | 537 | 0 | - | - | - |
Proceeds from sale of property and equipment | ||||||
11 | - | - | - | - | - | - |
Proceeds from issuance of Common Stock, net of issuance costs | ||||||
- | - | - | - | 19,743 | - | - |
Net cash used in investing activities | ||||||
-230 | -654 | 11,238 | 0 | - | - | - |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Cash received in business combination | ||||||
- | - | 11,776 | 0 | - | - | - |
Net proceeds from issuance of convertible Series A preferred stock | ||||||
13,661 | - | - | - | - | - | - |
Net proceeds from issuance of common stock | ||||||
2,103 | - | - | - | - | - | - |
Repayments of term loan | ||||||
3,125 | - | - | - | - | - | - |
Proceeds from Short-term Investments | ||||||
- | - | - | - | 4,000 | - | - |
Purchase of Short-term Investments | ||||||
- | - | - | - | 30,956 | - | - |
Net cash provided by investing activities | ||||||
- | - | - | - | -26,956 | - | - |
Proceeds from issuance of convertible notes payable | ||||||
- | - | 460 | 1,297 | - | - | - |
Proceeds from issuance of convertible notes payable - related parties | ||||||
- | - | 108 | 480 | - | - | - |
Proceeds from Dipexium note | ||||||
- | - | 2,000 | 0 | - | - | - |
Proceeds from equity offering, net of allocated issuance costs | ||||||
- | - | 16,698 | 0 | - | - | - |
Proceeds from issuance of term loan, net of fees | ||||||
- | - | 7,145 | 0 | - | - | - |
Net cash (used in) provided by financing activities | ||||||
12,640 | - | 26,412 | 1,777 | - | - | - |
Proceeds from issuance of Common Stock, net of issuance costs | ||||||
- | - | - | - | - | 34,455 | - |
Proceeds from Private Placement Offerings, net of issuance costs | ||||||
- | - | - | - | - | - | 4,598 |
Net cash provided by financing activities | ||||||
- | - | - | - | 19,743 | 34,455 | 4,598 |
Net Decrease In Cash and Cash Equivalents | ||||||
- | - | - | - | -21,805 | - | - |
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | ||||||
-248 | -10,154 | 24,345 | -32 | - | 23,179 | 2,404 |
SUPPLEMENTAL INFORMATION | ||||||
Income taxes | ||||||
- | - | - | 0 | - | - | - |
Interest | ||||||
600 | 671 | 195 | 0 | - | - | - |
NON-CASH INVESTING AND FINANCING TRANSACTIONS | ||||||
Property and equipment included in accounts payable | ||||||
12 | - | 89 | 0 | - | - | - |
Deferred financing costs included in accounts payable and accrued liabilities | ||||||
- | 174 | - | - | - | - | - |
Preferred stock beneficial conversion feature and dividends | ||||||
13,750 | - | - | - | - | - | - |
Value of common shares issued to vendor for services | ||||||
45 | 90 | 60 | 0 | 0 | - | - |
Value of common shares issued in business combination | ||||||
- | - | 15,048 | 0 | - | - | - |
Value of common shares issued upon conversion of debt and accrued interest | ||||||
- | - | 2,495 | 0 | - | - | - |
Equity offering proceeds allocated to warrant liability | ||||||
- | - | 15,876 | 0 | - | - | - |
Term loan proceeds allocated to warrant | ||||||
- | - | 304 | 0 | - | - | - |