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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 873 $ (8,654)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock-based compensation expense 311 393
Warrant revaluation income (149) (591)
Derivative revaluation expense (income) 4,605 (266)
Depreciation and amortization of long lived assets 251 302
Decrease (increase) in operating assets:    
Accounts receivable (2,525) 0
Contract asset (11,454) 0
Prepaid expenses and other current assets (1,106) 229
Increase (decrease) in operating liabilities:    
Accounts payable 1,098 258
Related party payable (28) (2,240)
Accrued expenses, deferred rent 309 (223)
Accrued lease liabilities - operating lease (66) 0
Accrued interest payable 596 575
Net cash used in operating activities (7,285) (10,217)
Cash flows from investing activities:    
Purchase of property and equipment (340) (155)
Net cash used in investing activities (340) (155)
Cash flows from financing activities:    
Payment of deferred offering costs (37) (444)
Proceeds from conversion of pre-funded warrants 0 24
Proceeds from conversion of common warrants 0 499
Net cash provided by (used in) financing activities (37) 9,066
Effect of exchange rate changes on cash balances 0 0
Net decrease in cash and cash equivalents (7,662) (1,306)
Cash and cash equivalents, beginning of period 14,430 17,417
Cash and cash equivalents, end of period 6,768 16,111
Supplemental disclosures of cash flow information:    
Property and equipment in accounts payable 130 72
Dividend paid in-kind to preferred stockholders 260 250
Deemed dividend on preferred stock 435 377
May 2018 Registered Direct Offering    
Cash flows from financing activities:    
Proceeds from Registered Direct Offering, net of offering costs 0 5,360
July 2018 Registered Direct Offering    
Cash flows from financing activities:    
Proceeds from Registered Direct Offering, net of offering costs $ 0 $ 3,627