Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

v3.8.0.1
Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net loss $ (1,927) $ (329)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 8 4
Stock-based compensation 242 110
Deferred compensation - related party 0 38
Change in fair value of warrant liability (709) (1,059)
Gain in settlement of liability 0 (149)
Changes in operating assets and liabilities:    
Prepaid expenses (46) (55)
Accounts payable (239) 287
Accrued expenses (136) (238)
Net Cash Used in Operating Activities (2,807) (1,391)
Cash Flows from Investing Activities:    
Purchase of fixed assets (8) 0
Net Cash Used in Investing Activities (8) 0
Cash Flows from Financing Activities:    
Proceeds from exercise of warrants 15 805
Proceeds from sale of common stock units, net of cash stock issuance costs 8,200 4,460
Net Cash Provided by Financing Activities 8,215 5,265
Net change in cash and cash equivalents 5,400 3,874
Cash and cash equivalents, at beginning of period 7,714 5,007
Cash and cash equivalents, at end of period 13,114 8,881
Supplemental disclosures of cash flow information:    
Cash paid for interest 1 0
Cash paid for income taxes 5 0
Supplemental disclosure of non-cash investing and financing activities:    
Common stock issued for conversion of debt 0 190
Common stock issued for services provided $ 0 $ 89