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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities    
Net loss $ (12,550) $ (10,069)
Adjustments to reconcile net loss to net cash used by operating activities    
Depreciation and amortization 51 68
Amortization of debt discounts and debt issuance costs 170 209
Stock-based compensation 1,272 1,094
Provision for losses on accounts receivable 0 15
Gain from sale of trademark 0 (50)
Reduction in accrued expenses from expiration of statute of limitations 0 (222)
Warrants issued in lieu of cash as compensation for services 26 57
Loss from change in fair value of derivative liabilities 232 0
Change in assets and liabilities    
Accounts receivable (414) (186)
Inventory 50 (56)
Other assets (229) (40)
Accounts payable (221) 32
Accrued expense 600 359
Deferred revenue 200 (29)
Pension obligation 61 115
Total adjustments 2,240 1,366
Net cash used by operating activities (10,310) (8,703)
Cash flows from investing activities    
Purchase of property and equipment (240) (5)
Proceeds from sale of trademark 0 50
Net cash provided by (used by) investing activities (240) 45
Cash flows from financing activities    
Proceeds from line of credit 0 3,350
Proceeds from exercise of stock options 162 259
Proceeds from issuance of preferred stock, net of issuance costs 8,789 10,937
Dividends paid to preferred stockholders (51) (51)
Net cash provided by financing activities 8,900 14,495
Effect of exchange rate changes on cash and cash equivalents 27 (106)
Net increase (decrease) in cash and cash equivalents (1,623) 5,731
Cash and cash equivalents at beginning of year 7,317 1,586
Cash and cash equivalents at end of year 5,694 7,317
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Summary of non-cash investing and financing activities:    
Exchange of related-party indebtedness for Series A Preferred Stock 6,802 0
Beneficial conversion feature of related party lines of credit 30 302
Stock dividends on Series A Convertible Preferred Stock 3,251 923
Stock dividends on Series C Convertible Redeemable Preferred Stock 319 0
Stock dividends on Series E, Series F and Series G Convertible Preferred Stocks 0 1,426
Conversion of Series A Convertible Preferred Stock into Common Stock 4 0
Recognition of derivative liabilities on preferred stock issuance 833 0
Deemed dividend on preferred stock modification 92 0
Accretion of discount on Series C Convertible Redeemable Preferred Stock 200 0
Reduction (increase) in additional minimum pension liability 209 (15)
Preferred stock exchange $ 0 $ 1,245