v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows (Used In) from Operating Activities    
Net loss $ (13,469) $ (10,380)
Adjustment to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 384 527
Amortization of intangible assets 1,524 1,633
Amortization of right of use asset 356 164
Stock based compensation 685 1,748
Amortization of technology 33
Loss on exchange of debt for equity 132 160
Amortization of debt discount 1,909 798
Accrued interest income, related party (32)
Provision for doubtful accounts 105
Provision for the valuation allowance for held for sale loan 835
Provision for the valuation allowance for related party receivable 648
Income tax benefit (87)
Other 21 26
Changes in operating assets and liabilities:    
Accounts receivable and other receivables (107) (1,198)
Inventory 22 (109)
Other current assets (905) 55
Other assets (13) (182)
Accounts payable (1,539) 132
Accrued liabilities (593) 53
Deferred revenue 105 (67)
Operating lease liabilities (362)
Other liabilities 117 (66)
Total Adjustments 3,100 3,812
Net Cash Used in Operating Activities (10,369) (6,568)
Cash Flows Used in Investing Activities    
Purchase of property and equipment (39) (44)
Investment in capitalized software (433) (465)
Investment in GTX (250)
Investment in Locality (204)
Net Cash Flows Used in Investing Activities (472) (963)
Cash Flows From Financing Activities    
Net repayments to bank facility (150) (23)
Net proceeds from issuance of common stock, preferred stock and warrants 10,859
Net proceeds from issuance of common stock 41,771
Net proceeds from notes payable 1
Repayment of notes payable (1)
Loans to related party (1,035) (8,945)
Repayments from related party 200 1,683
Net proceeds from promissory notes 5,000 4,500
Repayment of acquisition liability to Locality shareholders (250)
Net Cash Provided By Financing Activities 45,537 8,073
Effect of Foreign Exchange Rate on Changes on Cash (15) 31
Net Increase in Cash, Cash Equivalents and Restricted Cash 34,681 573
Cash, Cash Equivalents and Restricted Cash - Beginning of period 4,849 1,218
Cash, Cash Equivalents and Restricted Cash - End of period (Note 3) 39,530 1,791
Cash paid for:    
Interest 2 2
Income Taxes
Non-cash investing and financing activities    
Common shares issued for extinguishment of liability 200 1,130
Common shares issued for extinguishment of debt 8,786 2,389
Right of use asset obtained in exchange for lease liability 6 646
Common shares issued for GTX acquisition 650
Common shares issued for Locality acquisition $ 513

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