XML 54 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net loss for the year $ (3,298) $ (13,413)
Adjustment to reconcile net loss for the year to net cash used in operating activities:    
Depreciation of property and equipment 1 1
Amortization of intangible assets 553 1,982
Shares issued for financing commitment 102
Amortization of beneficial conversion feature 355
Shares issued for contract revision 127
Impairment charge 3,761
Amortization of shares issued for services 955 550
Warrants issued for services received 544
Non-cash interest expense 18
Loss on disposal of investment 50
Common shares issued for services received 189 4,729
Other income (non-cash) (Note 3) (553) (930)
Changes in operating assets and liabilities:    
Accounts receivable (102) (102)
Other assets 21 (353)
Accounts payable and accrued expenses 506 (97)
Net cash flows from continuing operating activities (1,431) (2,973)
Net cash flows from discontinued operating activities (633) (1,058)
Net cash flows from operating activities (2,064) (4,031)
Cash used in investing activities:    
Cash advances to acquisition target (140)
Cash consideration of acquisitions (net of cash acquired) (204)
Proceeds from sale of investments 50
Proceeds from sale of interest in subsidiary 1,750
Acquisition of fixed assets (1)
Net cash flows from investing activities - continuing operations 1,660 (205)
Cash flows from investing activities - discontinued operations (77) (5)
Net cash flows from investing activities 1,583 (210)
Cash flows from financing activities:    
Proceeds from loans 762
Repayments on loans (490)
Cash proceeds from exercise of warrants 2,096
Cash proceeds from issuance of common stock 1,450
Advances from/(repayments to) related parties 19 (30)
Net cash flows from financing activities - continuing operations 291 3,516
Cash flows from financing activities - discontinued operations 69 301
Net cash flows from financing activities 360 3,817
Decrease in cash during the year (121) (424)
Foreign exchange effect on cash 10 (26)
Cash at the beginning of the year - continuing operations 313 763
Cash at the beginning of the year - discontinued operations 58
Cash at end of the year - total 258 313
Supplementary Information:    
Cash paid for interest
Non-cash transactions:    
Common stock issued in acquisitions 5,722
Common stock issued for software 548
Disposal of interest in subsidiary (449)
Share subscription settled through securities provided $ 150