Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net loss $ (1,553) $ (2,548)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 15 26
Stock-based compensation 105 212
Interest income 32
Gain on mortgage note receivable (106)
Change in deferred income tax (419)
Change in fair value of derivative liabilities (21) (571)
Changes in operating assets and liabilities:    
Accounts receivable 21
Prepaid expenses and other current assets (98) 266
Accounts payable and accrued expenses (27) 558
Deferred rent (6) (16)
Net cash used in operating activities (2,078) (2,052)
Investing activities:    
Purchase of fixed assets (5) (33)
Proceeds from mortgage note receivable 1,400
Net cash provided by (used in) investing activities 1,395 (33)
Financing activities:    
Proceeds from issuance of notes payable 1,000
Proceeds from exercise of stock options 184
Net cash provided by financing activities 1,184
Net increase (decrease) in cash, cash equivalent, and restricted cash 501 (2,085)
Cash, cash equivalent, and restricted cash at beginning of period 777 3,640
Cash, cash equivalent, and restricted cash at end of period $ 1,278 $ 1,555