| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Nov'13 |
|---|---|---|---|---|---|---|
Operating Activities: | ||||||
Net loss | ||||||
-15,918 | -12,127 | -7,266 | -4,274 | -6,955 | -5,179 | -19 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Fair value of common shares issued for services and vested stock options | ||||||
4,178 | 3,415 | 2,534 | - | - | - | - |
Financing costs | ||||||
1,625 | 798 | 643 | 0 | - | - | - |
Amortization of debt discount | ||||||
1,658 | 1,468 | 418 | 404 | 1,649 | - | - |
Equity interests issued as payment of salary expense | ||||||
- | - | - | - | - | 62 | - |
Shares issued in connection with license agreement | ||||||
- | - | - | - | - | 300 | - |
Amortization of debt issuance costs | ||||||
- | - | - | - | - | 112 | - |
Amortization of debt discount | ||||||
- | - | - | - | - | 0 | - |
Share-based compensation | ||||||
- | - | - | 1,301 | 0 | 834 | - |
Change in fair value of derivative liability | ||||||
-1,862 | 1,167 | -6 | 0 | - | - | - |
Debt extinguishment, net | ||||||
1,536 | -534 | -977 | -455 | -362 | - | - |
Depreciation and amortization | ||||||
1,042 | 20 | 22 | 21 | 0 | 14 | - |
Amortization of right-of-use assets | ||||||
349 | - | - | - | - | - | - |
Allowance for inventory | ||||||
-14 | - | - | - | - | - | - |
Allowance for doubtful account | ||||||
199 | - | - | - | - | - | - |
Conversion of Series A | ||||||
- | - | - | 0 | - | - | - |
Conversion of Series A | ||||||
- | - | 217 | - | - | - | - |
Impairment charges | ||||||
- | - | - | - | 1,387 | 0 | - |
Other comprehensive loss | ||||||
- | - | - | - | - | - | 0 |
Effect of changes in assets and liabilities: | ||||||
Deferred revenue | ||||||
-51 | - | - | - | - | - | - |
Customer deposits | ||||||
-428 | - | - | - | - | - | - |
Accounts receivable | ||||||
380 | 1 | -8 | 8 | 0 | - | 7 |
Prepaid expenses | ||||||
11 | 42 | 30 | -55 | -148 | 56 | - |
Deferred incentive compensation | ||||||
1,042 | - | - | - | - | - | - |
Inventory | ||||||
-127 | - | - | - | - | - | - |
Other assets | ||||||
41 | -2 | -7 | 16 | 0 | 0 | - |
Prepaid expenses | ||||||
- | - | - | - | - | - | 12 |
Accounts payable, accrued expenses, and accrued interest | ||||||
2,123 | 609 | 799 | 456 | 540 | 183 | 6 |
Operating lease liability | ||||||
220 | - | - | - | - | - | - |
Net cash used in operating activities | ||||||
-8,118 | -4,157 | -1,677 | -1,604 | - | - | - |
Investing Activities: | ||||||
Acquisition of Intellectual Property | ||||||
- | - | - | - | 43 | - | - |
Acquisition of subsidiary | ||||||
15,000 | - | - | - | - | 0 | - |
Cash acquired from acquisition of subsidiary | ||||||
557 | - | - | - | - | - | - |
Net cash used in operating activities | ||||||
- | - | - | - | -2,866 | -3,728 | -32 |
Purchase of property and equipment | ||||||
146 | - | - | 2 | 62 | 110 | - |
Other | ||||||
- | - | - | 0 | - | - | - |
Net cash used by investing activities | ||||||
-14,589 | - | - | -2 | - | - | - |
Deposit for booth equipment | ||||||
- | - | - | - | - | 199 | - |
Net cash used in investing activities | ||||||
- | - | - | - | -105 | -310 | 0 |
Financing Activities: | ||||||
Proceeds from sale of common stock | ||||||
18,525 | 2,979 | 796 | 1,524 | 0 | - | 55 |
Proceeds from sale of preferred stock | ||||||
4,688 | - | 555 | 0 | - | - | - |
Proceeds from sale of common stock from private placement | ||||||
- | - | - | - | - | 4,500 | - |
Payment of offering costs on private placement | ||||||
- | - | - | - | - | 671 | - |
Issuance of note receivable | ||||||
- | - | - | - | - | -861 | - |
Proceeds from notes payable | ||||||
1,300 | - | - | 80 | 600 | 100 | - |
Advances on future receipts | ||||||
728 | - | - | - | - | - | - |
Proceeds from capital contributions | ||||||
- | - | - | - | - | 595 | - |
Proceeds from convertible note payable | ||||||
432 | 1,772 | 813 | 0 | - | 1,500 | - |
Borrowings from note payable | ||||||
- | - | - | - | 0 | - | - |
Payment of related party notes payable | ||||||
- | - | - | - | - | -74 | - |
Proceeds from exercise of put option | ||||||
- | 1,000 | 50 | - | - | - | - |
Proceeds from option exercise | ||||||
- | 34 | - | - | - | - | - |
Proceeds from warrant exercise | ||||||
45 | 22 | - | - | - | - | - |
Proceeds from related party note payable | ||||||
58 | - | - | 92 | 1,403 | - | - |
Payment of convertible notes payable | ||||||
2,025 | 845 | - | - | - | - | - |
Payment of notes payable | ||||||
630 | - | - | - | 100 | 0 | - |
Payment of related party notes payable | ||||||
58 | - | - | 10 | 0 | - | - |
Payment of advances of future receipts | ||||||
-7 | - | - | - | - | - | - |
Deferred offering costs | ||||||
- | -162 | - | - | - | - | - |
Repurchase common stock | ||||||
- | 20 | - | 166 | 0 | - | - |
Redemption of series A preferred | ||||||
- | - | - | 0 | - | - | - |
Redemption of series A preferred stock | ||||||
- | - | 543 | - | - | - | - |
Net cash provided by financing activities | ||||||
23,056 | 4,780 | 1,671 | 1,520 | - | - | - |
Net change in cash | ||||||
349 | 623 | -6 | - | - | - | - |
Net cash provided by financing activities | ||||||
- | - | - | - | 1,903 | 5,086 | 55 |
Net change in cash | ||||||
- | - | - | -86 | -1,069 | 1,047 | 22 |
Supplemental disclosures of cash flow information: | ||||||
Cash paid for interest | ||||||
146 | 402 | 326 | 129 | - | - | - |
Cash paid for interest | ||||||
- | - | - | - | 77 | 140 | 0 |
Cash paid for income taxes | ||||||
2 | 1 | 2 | 0 | - | - | - |
Cash paid for income taxes | ||||||
- | - | - | - | 0 | 0 | 0 |
Supplemental disclosure of non-cash investing and financing activities: | ||||||
Note payable issued as payment for professional fees | ||||||
- | - | - | - | 125 | - | - |
Satisfaction of note in connection with the foreclosure of Songstagram security interest | ||||||
- | - | - | - | 861 | - | - |
Fair value of common stock issued upon acquisition of subsidiary | ||||||
7,820 | - | - | - | 530 | - | - |
Conversion of note payable and accrued interest to common stock | ||||||
1,410 | 3,066 | 56 | - | - | - | - |
Conversion of accrued interest to accrued officers salary | ||||||
- | - | - | - | 0 | - | - |
Issuance of common stock in connection with settlement agreements | ||||||
- | - | - | - | - | 0 | - |
Issuance of common stock as payment of offering costs | ||||||
- | - | - | - | - | 0 | - |
Increase in common stock from exchange agreement | ||||||
- | - | - | - | - | 1 | - |
Cancellation of common stock from exchange agreement | ||||||
- | - | - | - | - | -0 | - |
Conversion of note payable and accrued interest to common stock | ||||||
- | - | - | - | - | 1,669 | - |
Common stock issued to settle accrued officer's salary | ||||||
- | 582 | - | 180 | - | - | - |
Fair value of derivative liability from issuance of convertible debt, inducement shares and warrant features | ||||||
6,561 | 1,694 | 1,256 | - | - | - | - |
Conversion of series A Preferred to common stock | ||||||
- | - | - | 0 | - | - | - |
Fair value of derivative liability from issuance of convertible debt and warrant features | ||||||
- | - | - | 0 | - | - | - |
Fair value of warrants issued and beneficial conversion feature to extinguish debt | ||||||
- | - | 861 | 0 | - | - | - |
Fair value of common shares, warrants and beneficial conversion feature of issued convertible note | ||||||
592 | - | 154 | - | - | - | - |
Offset of deferred offering costs to proceeds received | ||||||
162 | - | - | - | - | - | - |
Fair value of derivative liability, common shares, warrants and beneficial conversion feature of issued convertible note | ||||||
- | - | - | 0 | - | - | - |
Conversion of notes payable to common stock | ||||||
- | - | - | 0 | - | - | - |
Common stock issued to settle accounts payable | ||||||
10 | - | 182 | 0 | - | - | - |
Assets acquired from the acquisition of Verb Direct, LLC | ||||||
3,364 | - | - | - | - | - | - |
Liabilities assumed from the acquisition of Verb Direct, LLC | ||||||
3,221 | - | - | - | - | - | - |
Officer salary paid pursuant to note payable - related party | ||||||
- | - | - | - | 189 | 0 | - |
Accounts payable paid pursuant to note payable - related party | ||||||
- | - | - | - | 101 | - | - |
Accounts payable paid pursuant to note payable - related party | ||||||
- | - | - | - | - | 0 | - |
Accrued interest converted to note payable - related party | ||||||
- | - | - | - | 45 | 0 | - |
Note payable issued as payment for professional fees | ||||||
- | - | - | - | - | 0 | - |
Conversion of note receivable for the acquisition of Songstagram | ||||||
- | - | - | - | - | 0 | - |
Conversion of accrued interest on notes payable to convertible notes payable | ||||||
- | - | - | - | 0 | - | - |
Conversion of accrued interest on notes payable to related parties note | ||||||
- | - | - | 10 | 0 | - | - |
Conversion of accrued payroll to related party note | ||||||
- | - | - | 121 | 0 | - | - |
Conversion of accrued interest on notes payable to convertible notes payable | ||||||
- | - | - | 80 | - | - | - |
Conversion of series A preferred stock | ||||||
- | - | 304 | - | - | - | - |