v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net loss - before noncontrolling interest ("NCI") $ (14,911) $ (3,704)
Adjustments to reconcile net loss - before NCI to net cash used in operating activities    
Depreciation expense 3 3
Stock-based compensation 344 459
Change in fair value - Senior Secured Convertible Notes 8,008 559
Debt extinguishments - Senior Secured Convertible Notes 1,188 1
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (364) 109
Accounts payable 1,804 (353)
Accrued expenses and other current liabilities 137 (944)
Net cash flows used in operating activities (3,791) (3,870)
Cash flows from investing activities    
Purchase of equipment (2) (3)
Net cash flows used in investing activities (2) (3)
Cash flows from financing activities    
Proceeds - exercise of stock options issued under equity incentive plan of majority-owned subsidiary 5
Proceeds - issue of Senior Convertible Note 6,300
Payment - Senior Secured Convertible Note - non-installment (138) (159)
Proceeds - issue common stock - Employee Stock Purchase Plan 126
Proceeds - exercise of Series S Warrants 12
Net cash flows provided by financing activities 6,305 (159)
Net increase (decrease) in cash 2,512 (4,032)
Cash, beginning of period 6,219 8,222
Cash, end of period $ 8,731 $ 4,190

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