| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net income (loss) | ||||||||
-3,754 | -2,119 | -2,689 | 7 | 500 | -20,513 | -3,008 | -2,716 | -1,412 |
Adjustments to reconcile from net income (loss) to net cash used in operating activities: | ||||||||
Depreciation | ||||||||
84 | 67 | 55 | 65 | 36 | 27 | 31 | 31 | 31 |
Amortization of debt discount and debt issuance cost | ||||||||
232 | - | - | - | - | 3,834 | 590 | 442 | 410 |
Change in fair value of warrant derivative | ||||||||
- | 482 | 59 | 2,111 | 2,597 | - | - | - | - |
Stock-based compensation expense | ||||||||
96 | 63 | 63 | 104 | 105 | -97 | 598 | 28 | 28 |
Changes in operating assets and liabilities | ||||||||
Accounts receivable | ||||||||
-333 | 400 | -120 | -215 | 1,025 | 6 | -349 | 510 | 665 |
Factor receivables, net | ||||||||
-807 | - | - | - | -5 | - | - | - | - |
Factor receivables, net | ||||||||
- | - | - | - | - | - | 606 | -342 | 173 |
Inventory | ||||||||
-382 | 441 | 607 | -547 | 1,333 | 335 | -83 | -154 | 183 |
(Increase) decrease in prepaid assets | ||||||||
- | - | - | - | - | - | - | - | -10 |
Prepaid assets | ||||||||
-54 | 39 | -83 | -92 | 168 | - | - | - | - |
Other assets | ||||||||
5 | - | - | - | - | - | - | - | - |
Decrease in security deposits | ||||||||
- | - | - | - | - | - | - | - | 8 |
Accounts payable | ||||||||
-748 | 491 | 239 | -354 | 197 | -1,750 | 553 | 192 | 635 |
Accrued payroll taxes | ||||||||
- | - | - | - | -120 | - | - | - | - |
Accrued expenses | ||||||||
95 | - | - | - | - | - | - | - | - |
Other current liabilities | ||||||||
- | - | - | - | -62 | - | - | - | -32 |
Accrued liabilities | ||||||||
- | - | - | -10 | -514 | - | -841 | 974 | 138 |
(Decrease) increase in accrued payroll taxes | ||||||||
- | - | - | - | - | - | - | - | 174 |
Net cash used in operating activities | ||||||||
-4,035 | -1,795 | -2,303 | -1,140 | -4,988 | -6,529 | -383 | -299 | -1,030 |
Cash flows from investing activities: | ||||||||
Purchases of property and equipment | ||||||||
158 | 379 | 375 | 160 | 115 | - | - | - | - |
Net cash used in investing activities | ||||||||
-158 | -379 | -375 | -160 | -115 | - | - | - | - |
Cash flows from financing activities: | ||||||||
Proceeds from sales of common stock and warrants, net of costs | ||||||||
9,388 | - | - | - | - | - | - | - | - |
Proceeds from exercise of Series A warrants | ||||||||
- | 0 | 0 | 0 | 2,172 | - | - | - | - |
Proceeds from exercise of Placement Agent warrants | ||||||||
- | - | - | - | 16 | - | - | - | - |
Proceeds from sale of convertible preferred stock, net of costs | ||||||||
- | - | - | - | - | 0 | 0 | 587 | 613 |
Cash payment for debt modification | ||||||||
- | - | - | - | - | - | 0 | 0 | 25 |
Cash proceeds (payments) from loans payable | ||||||||
- | - | - | - | -98 | - | - | - | - |
Proceeds from factor loan payable | ||||||||
598 | - | - | - | - | - | - | - | - |
Repayments of Series D Preferred Stock | ||||||||
3,140 | - | - | - | - | - | - | - | - |
Cash (payments of) proceeds from loans payable | ||||||||
- | - | - | - | - | - | - | - | 405 |
Net cash provided by financing activities | ||||||||
6,846 | -255 | 4,110 | -120 | 2,091 | 11,930 | 390 | 343 | 994 |
Net increase (decrease) in cash | ||||||||
2,652 | -2,430 | 1,431 | -1,422 | -3,013 | - | - | - | - |
Net decrease in cash | ||||||||
- | - | - | - | - | - | - | - | -36 |
Supplemental disclosure of non-cash investing and financing activities: | ||||||||
Cashless exercise of warrants | ||||||||
0 | - | - | - | - | - | - | - | - |
Conversion of Series B warrants into common stock | ||||||||
- | - | - | - | 5,635 | - | - | - | - |
Conversion of Series C Preferred Stock to common stock | ||||||||
0 | - | - | - | - | - | - | - | - |
Conversion of convertible notes payable to common stock | ||||||||
186 | - | - | - | - | - | - | - | - |
Issuance of warrants as compensation for capital raise | ||||||||
- | - | - | - | - | - | - | 12 | 14 |
Issuance of convertible preferred stock as debt issuance cost | ||||||||
- | - | - | - | - | - | 262 | 0 | 404 |