Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.19.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net loss $ (5,262) $ (7,052)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 97 15
Stock-based compensation 666 581
Gain from change in fair value of warrant liability (2,936) (1,040)
Operating lease, net 6  
Loss on foreign currency transactions 0 1
Changes in operating assets and liabilities:    
Prepaid expenses and other (667) (582)
Accounts payable 11 866
Accrued expenses and other current liabilities (1,097) 937
Net cash used in operating activities (9,194) (6,274)
Cash flows from investing activities:    
Purchase of fixed assets (34) (8)
Net cash used in investing activities (34) (8)
Cash flows from financing activities:    
Proceeds from exercise of stock options 5 0
Proceeds from exercise of warrants 1,557 15
Proceeds from sale of common stock, net 19,240 10,269
Net cash provided by financing activities 20,802 10,284
Effect of exchange rate changes on cash and cash equivalents (13) 6
Net change in cash and cash equivalents 11,561 4,008
Cash and cash equivalents, at beginning of period 7,134 7,714
Cash and cash equivalents, at end of period 18,695 11,722
Supplemental disclosures of cash flow information:    
Cash paid for interest 1 1
Cash paid for taxes 11 15
Property and equipment in accrued liabilities $ 21 $ 0