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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net loss $ (17,333) $ (8,038)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 32 35
Loss on disposal of leasehold improvements 2
Stock-based compensation expense 388 124
Non-cash interest expense 6,173 683
Re-measurement of derivative liabilities 1,683 (18)
Changes in operating assets and liabilities:    
Accounts receivable 40
Prepaid expenses and other current assets (700) (265)
Accounts payable (414) (141)
Accrued expenses (441) 265
Deferred revenue (11)
Net cash used in operating activities (10,612) (7,324)
Investing activities    
Purchases of property and equipment (11) (3)
Net cash used in investing activities (11) (3)
Financing activities    
Proceeds from issuance of common stock, net of issuance costs 6,434
Debt issuance costs (87) (85)
Proceeds from exercise of related party warrants 5,403  
Proceeds from short term and long term debt, related party 4,000 1,750
Net cash provided by financing activities 9,316 8,099
Net increase (decrease) in cash and cash equivalents (1,307) 772
Cash, cash equivalents and restricted cash at beginning of year 3,836 3,064
Cash, cash equivalents and restricted cash at end of year 2,529 3,836
Supplemental cash flow disclosures    
Income taxes paid 45 12
Beneficial conversion feature discount associated with 2018 Note 1,007
Relative fair value of warrant issued with 2018 Note 743
Beneficial conversion feature discount associated with 2017 Note modification 40
Interest paid 394
Right-of-use asset obtained in exchange for lease liability 463
Conversion of notes payable to related party into common stock 6,004
Reclassification of warrant from derivative liabilities to additional paid-in capital 5,785
Fair value of warrants issued with Notes to Related Party $ 4,061