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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities:    
Net loss $ (638) $ (1,517)
Adjustments to reconcile loss to net cash used in operating activities related to continuing operations:    
Stock-based compensation (including restricted shares to the Company's former CEO) 32 14
Equity in earnings of equity method investments (Note 4) (11)
Revaluation of option to purchase redeemable convertible preferred stock (Note 6) 273
Depreciation 1
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 70 237
Accounts payable (96) (98)
Accrued compensation and related expenses (22) 106
Other accrued liabilities 96 310
Cash used in operating activities - continuing operations (568) (675)
Cash used in operating activities - discontinued operations (133)
Net cash used in operating activities (568) (808)
Cash Flows From Investing Activities:    
Purchases of investment in affiliated company (Note 4) (350)
Net cash used in investing activities (350)
Cash Flows From Financing Activities:    
Proceeds from issuance of redeemable convertible preferred stock 2,225
Payment of notes payable (1) (202)
Net cash (used in) provided by financing activities (1) 2,023
Effect of exchange rate changes on cash and cash equivalents (4) 21
Change in cash and cash equivalents (923) 1,236
Cash and cash equivalents at the beginning of period 1,840 948
Cash and cash equivalents at the end of period 917 2,184
Supplemental disclosure of non-cash activities:    
Cash paid for interest 9 34
Partial exercise of written call option on redeemable convertible preferred stock (Note 6) 677
Dividend on redeemable convertible preferred stock (Note 6) 79
Accretion of redeemable convertible preferred stock to redemption value (Note 6) [1] $ 1,968
[1] Based on the rights and privileges of Redeemable Convertible Series B Preferred Stock, since the Company did not obtain shareholder approval at March 31, 2018, the then outstanding Redeemable Convertible Series B Preferred Stock became redeemable at the option of OFI. Consequently, in each reporting period commencing March 31, 2018, the outstanding Redeemable Convertible Series B Preferred Stock is recorded at its maximum redemption value until occurrence of redemption or conversion. These shares were cancelled as a result of the entry into the Remediation Agreement on September 24, 2018.