| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net loss | ||||||
-13,751 | -9,314 | -7,480 | ||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
216 | 120 | 130 | ||||
Stock-based compensation | ||||||
2,488 | 938 | 586 | ||||
Write-down of intangible assets | ||||||
0 | 19 | - | ||||
Amortization of debt discount | ||||||
664 | 111 | - | ||||
Deferred rent | ||||||
-7 | -2 | 1 | ||||
Changes in operating assets - (increase)/decrease: | ||||||
Prepaid expenses and other current assets | ||||||
85 | 2 | -25 | ||||
Changes in operating liabilities - increase/(decrease): | ||||||
Accounts payable | ||||||
-369 | 1,387 | 10 | ||||
Accrued liabilities | ||||||
83 | 1,143 | 335 | ||||
Accrued interest – non-related party | ||||||
10 | 133 | - | ||||
Accrued interest – related party | ||||||
145 | 866 | 295 | ||||
NET CASH USED IN OPERATING ACTIVITIES: | ||||||
-10,605 | -4,599 | -6,095 | ||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Payments for the purchase of property and equipment and trademark registration | ||||||
829 | 17 | 48 | ||||
Payments for acquisition of intangibles | ||||||
12 | 12 | 18 | ||||
NET CASH USED IN INVESTING ACTIVITIES: | ||||||
-842 | -29 | -66 | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Payment of non-convertible notes payable and accrued interest - related party and non-related party | ||||||
985 | 0 | - | ||||
Proceeds from issuance of convertible notes – related party | ||||||
0 | 2,397 | - | ||||
Proceeds from issuance of convertible notes, net | ||||||
0 | 1,814 | - | ||||
Proceeds from issuance of non-convertible notes – related party | ||||||
0 | 125 | 6,025 | ||||
Proceeds from the issuance of non-convertible notes payable - non-related party | ||||||
0 | 560 | - | ||||
Payment of non-convertible notes payable accrued interest - related party and non-related party | ||||||
20 | 0 | - | ||||
Proceeds from the issuance of non-convertible notes payable - non-related party | ||||||
300 | 0 | - | ||||
Proceeds from initial public offering | ||||||
- | 0 | - | ||||
Payment of deferred direct issuance costs – proposed offering | ||||||
0 | 151 | - | ||||
NET CASH PROVIDED BY FINANCING ACTIVITIES: | ||||||
23,390 | 4,744 | 6,025 | ||||
Net (decrease) increase in cash | ||||||
11,942 | 115 | -137 | ||||
Supplemental cash flow disclosures: | ||||||
Cash paid for interest | ||||||
20 | 0 | - | ||||
Cash paid for income taxes | ||||||
0 | 0 | - | ||||
Non-cash financing activities: | ||||||
Accrued preferred dividends | ||||||
160 | 1,280 | - | ||||
Accrued direct issuance costs - offering | ||||||
-276 | 125 | - | ||||
Property and equipment acquired through accounts payable | ||||||
0 | 780 | - | ||||
Capital contributions - debt forgiveness | ||||||
434 | 132 | - | ||||
Debt discount on convertible notes and notes payable – issuance of warrants | ||||||
145 | 466 | - | ||||
Issuance of common stock for extinguishment of convertible note payable and accrued interest - related party and non-related party | ||||||
10,400 | 0 | - | ||||
Issuance of common stock for extinguishment of convertible note payable accrued interest - related party and non-related party | ||||||
1,432 | 0 | - | ||||
Issuance of common stock for extinguishment of dividends payable | ||||||
4,773 | 0 | - | ||||
Issuance of common stock for extinguishment of preferred stock A and preferred stock B | ||||||
2 | 0 | - | ||||
June 19 | ||||||
Proceeds from private investment in public equity offering | ||||||
- | 0 | - | ||||
October 19 | ||||||
Proceeds from private investment in public equity offering | ||||||
- | 0 | - | ||||