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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from Operating Activities (Net of business combinations):    
Net loss $ (7,761) $ (7,168)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,321 755
Bad debt expense 11 9
Amortization of debt discount 90 269
Gain on extinguishment of debt 0 (165)
Stock-based compensation 110 365
Impairment charges on property & equipment 63 138
Impairment charges on goodwill 2,254 4,955
Changes in assets and liabilities:    
Accounts receivable 780 (160)
Inventory 19 0
Prepaid expenses and other current assets 301 168
Other assets 495 (7)
Accounts payable 129 (115)
Deferred revenue (373) 0
Accrued expenses and other liabilities (692) (199)
Net cash used in operating activities (3,253) (1,155)
Cash flows from Investing Activities:    
Cash acquired through Oblong Industries merger 2,194 0
Purchases of property and equipment (45) (335)
Net cash provided by (used in) investing activities 2,149 (335)
Cash flows from Financing Activities:    
Principal payments under borrowing arrangements 0 (1,832)
Purchase of treasury stock (51) (144)
Net cash provided by (used in) financing activities 3,699 (449)
Increase (decrease) in cash and cash equivalents 2,595 (1,939)
Cash at beginning of year 2,007 3,946
Cash at end of year 4,602 2,007
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 105 318
Non-cash investing and financing activities:    
Issuance of common stock warrant 72 0
Issuance of Series D stock for acquisition of Oblong Industries 18,862 0
Accrued preferred stock dividends 27 12
Issuance of common stock for vested restricted stock units 382 0
Series C Preferred Stock    
Cash flows from Financing Activities:    
Proceeds from preferred stock, net of expenses 0 1,527
Series E Preferred Stock    
Cash flows from Financing Activities:    
Proceeds from preferred stock, net of expenses $ 3,750 $ 0