v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows (Used In) from Operating Activities    
Net loss $ (6,168) $ (5,150)
Adjustment to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 210 231
Amortization of intangible assets 1,016 812
Amortization of right of use asset 157 83
Stock based compensation 399 890
Amortization of technology 17
Loss on exchange of debt for equity 86
Amortization of debt discount 868 250
Accrued interest income, related party (16)
Provision for doubtful accounts 105
Income tax benefit (87)
Other 29 79
Changes in operating assets and liabilities:    
Accounts receivable and other receivables (416) (639)
Inventory 29 (130)
Other current assets 65 61
Other assets (16) (100)
Accounts payable (568) (12)
Accrued liabilities (113) 77
Deferred revenue 31 (62)
Operating lease liabilities (156)
Other liabilities 115 (5)
Total Adjustments 1,633 1,657
Net Cash Used in Operating Activities (4,535) (3,493)
Cash Flows Used in Investing Activities    
Purchase of property and equipment (16) (16)
Investment in capitalized software (193) (239)
Net Cash Flows Used in Investing Activities (209) (255)
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 1,252
Net proceeds from notes payable 1 (1)
Loans to related party (184) (4,909)
Repayments from related party 185 652
Net proceeds from promissory notes 5,000
Net Cash Provided By Financing Activities 6,104 6,578
Effect of Foreign Exchange Rate on Changes on Cash (27) (8)
Net Increase in Cash, Cash Equivalents and Restricted Cash 1,333 2,822
Cash, Cash Equivalents and Restricted Cash - Beginning of period 4,849 1,148
Cash, Cash Equivalents and Restricted Cash - End of period (Note 3) 6,182 3,970
Cash paid for:    
Interest 2 853
Income Taxes
Non-cash investing and financing activities    
Common shares issued for extinguishment of liability 1,130
Common shares issued for extinguishment of debt 4,194 384
Right of use asset obtained in exchange for lease liability $ 6 $ 646

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