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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows From Operating Activities    
Net loss $ (2,740) $ (5,328)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 658
(Gain) loss on sale of property and equipment 258 (82)
Change in fair value of liability (38)
Stock-based compensation expense 222 1,679
Extinguishment of note payable (2,748)
Amortization of note discount 877 4,164
Change in operating assets and liabilities    
Prepaid expenses and other current assets (36) (220)
Intangible digital assets 11 (54)
Management agreement termination liability (68)
Right of use asset 13 36
Operating lease liability (13) (37)
Other assets (5) 4
Accounts payable 584 (108)
Accrued expenses 56 83
Net cash used in operating activities (191) (2,611)
Cash Flows From Investing Activities    
Purchase of property and equipment (370) (72)
Deposits made on property and equipment (38)
Refund of security deposit 34  
Proceeds from sale of property and equipment 299
Net cash used in investing activities (75) (72)
Cash Flows From Financing Activities    
Proceeds from sale of common stock 525
Payment of deferred offering costs (8)
Proceeds from sale of stock under equity purchase agreement, net of issuance costs 3,329
Sale of preferred stock, net of issuance costs 1,890
Repayment of notes payable (210)
Proceeds from exercise of warrants 120
Proceeds from SBA PPP bank loan 108
Net cash provided by financing activities 108 5,646
Net change in cash and cash equivalents (158) 2,963
Cash and cash equivalents, beginning of period 216 96
Cash and cash equivalents, end of period 58 3,059
Supplemental disclosure of cash flow information    
Cash paid for interest 3
Cash paid for income tax
Non-cash investing and financing activities    
Deemed dividend on warrant modification and beneficial conversion feature of preferred stock 959
Cumulative effect adjustment related to ASU adoption 3
Conversion of notes payable into common stock 775 1,697
Repayment of note payable and interest through the issuance of shares under the equity purchase agreement 354
Non-cash deferred offering costs 62
Conversion of Series C convertible preferred stock into common stock $ 14