| Dec'19 | Dec'18 | |||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss | ||||||
-30,679 | -20,627 | |||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
862 | 1,106 | |||||
Stock-based compensation | ||||||
6,217 | 3,942 | |||||
Amortization of discount on convertible notes | ||||||
2,684 | 0 | |||||
Beneficial conversion feature | ||||||
-7,067 | -3,863 | |||||
In-kind contribution of services | ||||||
0 | 667 | |||||
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
-199 | 374 | |||||
Prepaid expenses and other current assets | ||||||
329 | 340 | |||||
Accounts payable and accrued expenses | ||||||
40 | 432 | |||||
Deferred revenue | ||||||
106 | 45 | |||||
Accrued interest on convertible notes | ||||||
187 | 606 | |||||
Net cash used in operating activities | ||||||
-13,646 | -10,680 | |||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Framerate acquisition | ||||||
1,506 | 0 | |||||
Purchase of property and equipment | ||||||
73 | 255 | |||||
Capitalization of software development costs | ||||||
-1,079 | -519 | |||||
Acquisition of other intangible assets | ||||||
506 | 92 | |||||
Net cash used in investing activities | ||||||
-3,164 | -866 | |||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from issuance of common stock, net of issuance costs | ||||||
22,458 | 0 | |||||
Proceeds from convertible note payable, net of issuance costs | ||||||
0 | 12,611 | |||||
Proceeds from common stock purchase warrant exercises | ||||||
20 | 0 | |||||
Net cash provided by financing activities | ||||||
22,478 | 12,611 | |||||
(DECREASE) INCREASE IN CASH | ||||||
5,668 | 1,065 | |||||
SUPPLEMENTAL NONCASH FINANCING ACTIVITIES | ||||||
Automatic conversion of convertible debt to common stock | ||||||
13,793 | 3,000 | |||||
Framerate acquisition shares, amount | ||||||
1,000 | 0 | |||||
Common stock purchase warrants - discount on convertible debt | ||||||
0 | 5,207 | |||||
Common stock issued for prepaid services | ||||||
18 | 72 | |||||