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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flow from operating activities    
Net loss $ (8,583) $ (7,023)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization 161 160
Depreciation 265 251
Stock-based compensation 554 793
Impairment of technology license 608 0
Change in fair value of warrant liability 0 (2,374)
Loss on extinguishment of warrant liability 0 440
(Increase) decrease in assets    
Prepaid drug product for testing 785 (741)
Other current assets (240) 549
Increase (decrease) in liabilities    
Accounts payable and accrued expenses 326 (12)
Net cash used in operating activities (6,124) (7,957)
Cash flow from investing activities    
Purchases of furniture, fixtures & equipment (17) (538)
Net cash used in investing activities (17) (538)
Cash flow from financing activities    
Net proceeds from sale of common stock 1,180 3,567
Net proceeds from exercise of warrants 0 1,518
Net cash provided by financing activities 1,180 5,085
Net decrease in cash (4,961) (3,410)
Cash, beginning of period 5,965 9,375
Cash, end of period 1,004 5,965
Non-cash financing activities    
Warrants transferred to equity upon modification 0 797
Conversion of warrant liability to equity $ 0 $ 175