| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income (loss) | ||||||
-4,300 | -27,651 | -5,941 | -4,732 | |||
Adjustments to reconcile from net income (loss) to net cash used in operating activities: | ||||||
Depreciation | ||||||
225 | 120 | 119 | 29 | |||
Amortization of debt discount and debt issuance cost | ||||||
626 | 5,278 | 1,089 | 289 | |||
Change in fair value of warrant derivative | ||||||
5,251 | -14,336 | - | - | |||
Stock issued in settlement of litigation | ||||||
- | 939 | - | - | |||
Stock-based compensation expense | ||||||
336 | 557 | 112 | 599 | |||
Stock issued in lieu of deferred salaries | ||||||
- | 650 | - | - | |||
Changes in operating assets and liabilities | ||||||
Accounts receivable | ||||||
1,089 | 832 | -19 | 27 | |||
Factor receivables, net | ||||||
1,368 | 120 | - | - | |||
Factor receivables, net | ||||||
- | - | 424 | 200 | |||
Inventory | ||||||
1,835 | 281 | -77 | -78 | |||
Prepaid assets | ||||||
32 | 169 | -32 | 85 | |||
Other assets | ||||||
179 | -8 | - | - | |||
Decrease in security deposits | ||||||
- | - | -31 | -0 | |||
Accounts payable | ||||||
573 | -368 | 1,959 | -264 | |||
Accrued expenses | ||||||
-563 | -951 | - | - | |||
Other current liabilities | ||||||
- | - | 86 | 0 | |||
Accrued liabilities | ||||||
- | - | 511 | -39 | |||
(Decrease) increase in accrued payroll taxes | ||||||
- | - | 352 | 73 | |||
Accrued interest | ||||||
- | - | 607 | 92 | |||
Deferred revenue | ||||||
-107 | - | - | - | |||
Net cash used in operating activities | ||||||
-10,229 | -8,243 | -1,429 | -4,185 | |||
Cash flows from investing activities: | ||||||
Purchases of property and equipment | ||||||
1,031 | - | 69 | 353 | |||
Net cash used in investing activities | ||||||
-1,031 | - | -69 | -353 | |||
Cash flows from financing activities: | ||||||
Bank overdraft | ||||||
- | - | 0 | -9 | |||
Proceeds from sales of common stock and warrants, net of costs | ||||||
- | 11,671 | 0 | 376 | |||
Proceeds from sale of common stock of overallotment, net of costs | ||||||
- | 121 | - | - | |||
Proceeds from exercise of Series A warrants | ||||||
2,172 | - | - | - | |||
Proceeds from exercise of Placement Agent warrants | ||||||
16 | - | - | - | |||
Proceeds from sale of convertible preferred stock, net of costs | ||||||
- | 1,201 | - | - | |||
Cash repayments of notes payable | ||||||
- | 114 | - | - | |||
Proceeds from notes payable, related parties | ||||||
- | - | 400 | 300 | |||
Payments of notes payable - related parties | ||||||
- | - | 0 | 300 | |||
Proceeds from finance company | ||||||
- | - | 0 | 250 | |||
Payments to finance company | ||||||
- | - | 0 | 318 | |||
Payments for debt issuance cost | ||||||
- | - | 25 | 176 | |||
Payment from advance from officer | ||||||
- | 200 | - | - | |||
Proceeds from sale of preferred stock | ||||||
- | - | 0 | 1,145 | |||
Proceeds from notes payable, net of costs | ||||||
4,815 | 752 | 0 | 4,210 | |||
Cash proceeds (payments) from loans payable | ||||||
-1,178 | 225 | - | - | |||
Cash contribution by founders | ||||||
- | - | 0 | -3 | |||
Payment of advance from officer | ||||||
- | - | 0 | 12 | |||
Proceeds from short term advances | ||||||
- | - | 0 | 75 | |||
Payments on short term advances | ||||||
- | - | 0 | 211 | |||
Cash (payments) proceeds from loans payable | ||||||
- | - | -165 | 539 | |||
Net cash provided by financing activities | ||||||
5,825 | 13,658 | 209 | 5,872 | |||
Net increase (decrease) in cash | ||||||
-5,434 | 5,415 | - | - | |||
Net decrease in cash | ||||||
- | - | -1,289 | 1,333 | |||
Supplemental disclosure of cash flow information: | ||||||
Interest | ||||||
- | 638 | 466 | 487 | |||
Income taxes | ||||||
0 | - | 0 | 0 | |||
Supplemental disclosure of non-cash investing and financing activities: | ||||||
Conversion of deferred salaries into common stock | ||||||
- | 650 | - | - | |||
Conversion of notes payable of officer into common stock | ||||||
- | 200 | - | - | |||
Conversion of notes payable into Class A Units | ||||||
- | 862 | - | - | |||
Conversion of convertible debentures into Class A Units | ||||||
- | 8,633 | - | - | |||
Conversion of convertible preferred stock into Class A Units | ||||||
- | 6,833 | - | - | |||
Issuance of Class B Warrants for capital raise | ||||||
- | 594 | - | - | |||
Accretion of Redeemable Convertible Preferred Stock Dividend | ||||||
- | -3,667 | - | - | |||
Common Stock Deemed Dividend | ||||||
- | -980 | - | - | |||
Issuance of warrants to investors | ||||||
575 | - | - | - | |||
Issuance of preferred stock as debt issuance cost | ||||||
- | - | 0 | 541 | |||
Issuance of warrants as compensation for capital raise | ||||||
20 | - | 0 | 109 | |||
Issuance of common stock upon Series C preferred stock conversion | ||||||
3,671 | - | - | - | |||
Issuance of common stock upon convertible note conversion | ||||||
293 | - | - | - | |||
Issuance of Class D preferred stock upon convertible note conversion | ||||||
4,816 | - | - | - | |||
Restricted promissory note in connection with convertible notes payable | ||||||
4,780 | - | - | - | |||
Original issue discount | ||||||
1,720 | - | - | - | |||
Conversion of Series B warrants into common stock | ||||||
14,584 | - | - | - | |||
Settlement of debt by issuance of common shares | ||||||
- | - | 0 | 500 | |||