Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net loss $ (3,551) $ (7,239)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 52 109
Stock-based compensation 268 1,436
Change in fair value of derivative liabilities (769) (2,211)
Change in deferred rent (9) (4)
Changes in operating assets and liabilities:    
Accounts receivable 21 19
Prepaid expenses and other current assets 321 (247)
Accounts payable and accrued expenses 530 (1,071)
Net cash used in operating activities (3,137) (9,208)
Investing activities:    
Purchase of fixed assets (40) (36)
Long-term deposits (12) (25)
Principal payments received on mortgage note receivable 8
Net cash used in investing activities (52) (53)
Financing activities:    
Proceeds from issuance of common stock and warrants 3,000 5,004
Proceeds from exercise of stock options 3
Net cash provided by financing activities 3,000 5,007
Net decrease in cash and cash equivalents (189) (4,254)
Cash and cash equivalents at beginning of period 3,640 9,276
Cash and cash equivalents at end of period 3,451 5,022
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Cashless exercise of warrants $ 35