XML 57 R6.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Net loss $ (11,208,000) $ (10,345,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Write-off of inventory 54,000
Depreciation 78,000 66,000
Amortization of right-of-use asset 325,000
Share-based compensation 2,142,000 2,083,000
Amortization of debt discount on convertible shareholder notes 112,000
Change in fair value of redemption feature embedded in convertible notes (52,000)
Loss on extinguishment of convertible notes 521,000
Changes in operating assets and liabilities:    
Accounts receivable 171,000 (75,000)
Inventory 43,000 57,000
Prepaid expenses and other current assets 265,000 116,000
Accounts payable 372,000 200,000
Accrued expenses and other current liabilities 687,000 141,000
Deferred revenue 691,000 (65,000)
Deferred rent (1,000)
Operating lease liability - noncurrent (390,000)
Net cash used in operating activities (6,189,000) (7,823,000)
Investing activities:    
Purchase of property and equipment (144,000) (51,000)
Net cash used in investing activities (144,000) (51,000)
Financing activities:    
Proceeds from sale of stock and warrants, net of issuance costs 9,260,000
Proceeds from issuance of convertible loan payable 625,000
Proceeds from the exercise of common stock options 5,000
Net cash provided by financing activities 9,885,000 5,000
Net change in cash and cash equivalents 3,552,000 (7,869,000)
Cash and cash equivalents at beginning of period 5,358,000 12,689,000
Cash and cash equivalents at end of period 8,910,000 4,820,000
Supplemental disclosure for noncash investing and financing activities:    
Conversion of interest payable to stock and warrants $ 8,000