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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities    
Net income (loss) $ 1,727 $ (3,306)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of patent portfolio 1,405 1,373
Change in fair value of investment (8,194) (345)
Change in fair value of warrant liabilities (740) 120
Stock-based compensation 320 23
Depreciation expense 38 3
Realized loss on marketable securities 400 328
Unrealized loss (gain) on marketable securities 117 (240)
Impairment of intangible assets 2,173
Changes in assets and liabilities:    
Prepaid expenses and other assets (38) (15)
Deposit
Accounts payable and accrued expenses 74 (67)
Accrued salaries and benefits 37 249
Deferred revenue (1,216)
Accrued lease liabilities (48) (179)
Net cash used in operating activities (2,729) (3,272)
Cash flows from investing activities    
Purchase of marketable securities (14,280) (12,274)
Sale of marketable securities 15,061 14,213
Purchase of investments at fair value (922) (675)
Release of deposit 26
Purchase of property and equipment (36)
Net cash (used in) provided by investing activities (151) 1,264
Cash flows from financing activities    
Cash from issuance common stock, net of offering cost 2,700 2,095
Repurchase of restricted stock units to pay for employee withholding taxes (24)
Net cash provided by financing activities 2,700 2,071
Net (decrease) increase in cash and cash equivalents (180) 63
Cash and cash equivalents, beginning of period 197 134
Cash and cash equivalents, end of period 17 197
Cash paid for interest and taxes 195
Non-cash investing and financing activities    
Investment in DatChat 207
Investment in Mellow Scooters $ 2