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Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net loss $ (7,910,000) $ (5,391,000)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation, net of forfeitures 277,000 101,000
Depreciation and amortization 591,000 736,000
Paycheck Protection Program forgiveness (544,000) 0
Issuance of common stock for services 80,000 60,000
Derivative gain (156,000) (822,000)
Changes in operating assets and liabilities    
Increase in prepaid expenses and other (229,000) (1,216,000)
(Decrease) increase in accounts payable and accrued expenses (1,758,000) 752,000
Decrease in lease liability (38,000) (114,000)
Proceeds received under the Paycheck Protection Program 544,000 0
Net cash used in operating activities (9,143,000) (5,894,000)
Cash flows used in investing activities    
Purchase of fixed assets 0 (14,000)
Net cash used in investing activities 0 (14,000)
Cash flows from financing activities    
Proceeds from sale of common stock in connection with the Sales Agreement 7,913,000 142,000
Costs related to sale of common stock in connection with the Sales Agreement (560,000) (144,000)
Proceeds from sale of common stock in connection with the public offering 0 12,000,000
Costs related to sale of common stock in connection with the public offering 0 (1,243,000)
Proceeds from warrant exercises 100,000 350,000
Net cash provided by financing activities 7,453,000 11,105,000
Net change in cash and cash equivalents (1,690,000) 5,197,000
Cash and cash equivalents at beginning of period 6,532,000 7,585,000
Cash and cash equivalents at end of period 4,842,000 12,782,000
Non-cash transactions:    
Commercial insurance premium financing agreement 1,347,000 0
Initial lease liability arising from the adoption of ASU 842 0 1,704,000
Initial recognition of right-of-use asset arising from the adoption of ASU 842 $ 0 $ 1,168,000