XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net loss $ (965) $ (3,929)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 42 51
Non-cash share-based compensation 27 87
Capitalized debt discount 0 (13)
Amortization of debt discount and deferred debt issue costs 0 66
Amortization of intangible asset 64 155
Loss on debt extinguishment 0 2,600
Impairment charge on intangible asset 668 0
Loss on disposal of equipment 0 1
Changes in operating assets and liabilities:    
Royalty receivable 75 (34)
License fee receivable - related party (800) 0
Collaboration revenue receivable from related party (37) (10)
Prepaid expenses and other current assets (86) (19)
Income taxes refundable 67 67
Accounts payable 47 (275)
Accrued expenses 136 89
Sales return liability (223) 0
Accrued interest on related party loans 338 6
Other current liabilities 8 18
Net cash used in operating activities (639) (1,140)
Cash Flows from Financing Activities:    
Proceeds from distribution of restricted stock units 3 14
Statutory minimum payroll withholding taxes paid on the distribution of shares pursuant to RSU award plan (2) 0
Proceeds from loan under CARES Act 269 0
Proceeds from related party loans 0 1,650
Net cash provided by financing activities 270 1,664
Net increase (decrease) in cash (369) 524
Cash at beginning of period 862 91
Cash at end of end of period $ 493 $ 615