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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 loss from continuing operations $ (1,914) $ (16,933)
Adjustments to reconcile loss to net cash used in operating activities related to continuing operations:    
Depreciation and amortization 7 297
Impairment of investment in other company 1,455 1,439
Impairment of investment properties 326
Deferred taxes 66
Stock-based compensation (including restricted shares to the Company's CEO in 2018) 76 655
Issuance of warrant to purchase common stock to a service provider 98
Issuance of common stock to service provider 16
Loss from sale of property and equipment 3 2,567
Revaluation of asset contribution related financial instruments, net (Note 4) 1,392
Revaluation of Option to purchase redeemable convertible preferred stock Series B (Note 10) (3,288) 2,890
Extinguishment of option to purchase redeemable convertible preferred stock and registration rights liability (Note 10) (440)
Issuance costs allocated to Option to purchase redeemable convertible preferred stock Series B (Note 10) 42
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 848 3,501
Accounts payable 303 (1,604)
Accrued compensation and related expenses (235) 2,036
Other accrued liabilities (20) (2,447)
Amortization of discount on mezzanine 84
Net cash used in operating activities - continuing operations (2,765) (6,015)
Net cash used in operating activities - discontinued operation (172) (3,283)
Net cash used in operating activities (2,937) (9,298)
Cash Flows from Investing Activities:    
Direct expenses related to asset acquisition (Note 4) (283)
Stock based compensation 10
Payment of note receivable (159)
Purchases of investment properties (326) (22)
Net cash (used in) provided by investing activities - continuing operation (326) (454)
Net cash provided by investing activities - discontinued operations 7,251
Net cash (used in) provided by investing activities (326) 6,797
Cash Flows from Financing Activities:    
Proceeds from issuance of redeemable preferred stock and embedded option (Note 10) 2,325 1,458
Proceeds from issuance of preferred stock 200
Proceeds from issuance of common stock 1,900
Proceeds (Payments) from note payable (277) 111
Net cash provided by financing activities - continuing operation 4,148 1,569
Net cash used in financing activities - discontinued operations (663)
Net cash provided by financing activities 4,148 906
Effect of exchange rate changes on cash 7 208
Change in cash and cash equivalents 892 (1,387)
Cash and cash equivalents at the beginning of year 948 2,335
Cash and cash equivalents at the end of year 1,840 948
Supplemental disclosure of non-cash activities:    
Cash paid for income taxes 36
Cash paid for interest 70 126
Partial exercise of written call option on redeemable convertible preferred stock (Note 10) 681
Dividend on redeemable convertible preferred stock (Note 10) 177
Cancellation of Series B redeemable convertible preferred stock in exchange for Series D preferred stock (Note 10) 2,719
Accretion of redeemable convertible preferred stock to redemption value (Note 10) [1] (2,001)  
Conversion of Series B redeemable convertible preferred stock into common stock (Note 9) 2,553
Deemed dividend related to the Redemption Agreement (Note 10) 446
Issuance of common stock in payment of accrued liability 87
Contribution of investment property and investment in other company against stock issue, financial assets related to future mandatory asset contribution and financial liabilities for optional asset acquisition (Note 10) 4,836
Conversion of Payout Notes into shares of common stock $ 5,626
[1] Based on the rights and privileges of Series B Preferred Stock, since the Company did not obtain shareholder approval at March 31, 2018, the then outstanding Series B Preferred Stock became redeemable at the option of OFI. Consequently, in each reporting period commencing March 31, 2018, the outstanding Series B Preferred Stock is recorded at its maximum redemption value until occurrence of redemption or conversion. These shares were cancelled as a result of the entry into the Remediation Agreement on September 24, 2018 as described below (see also Note 10).