Cash Flow

v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOW FROM OPERATING ACTIVITIES:    
Net loss $ (1,359) $ (183)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 51 29
Fair value of shares for services 426
Fair value of vested options 80
Amortization of convertible note discount 179
Change in fair value of derivative (135)
Private placement costs 262
Amortization of right-of-use asset 42 19
Interest accrual 4
Changes in operating assets and liabilities:    
Accounts receivable 9 2
Inventories (20)
Prepaid Expenses 7
Accounts payable and accrued liabilities 54 (6)
Deferred revenue (7) 94
Operating lease liabilities (40) (11)
Net cash used in operating activities (451) (52)
CASH FLOW FROM INVESTING ACTIVITIES:    
Deposits (30)
Purchase of equipment (80) (70)
Net cash used in investment activities (110) (70)
CASH FLOW FROM FINANCING ACTIVITIES:    
Proceeds from convertibles notes payable 153
Proceeds from notes payable (17)
Principal payments of notes payable (8) 13
Proceeds from shares issued for cash 30 173
Net cash provided by financing activities 175 169
Increase (decrease) in cash (386) 47
Cash and cash equivalents, beginning of period 433 36
Cash and cash equivalents, end of period 47 83
Supplemental Disclosures of Cash Flow Information:    
Cash paid for taxes
Cash paid for interest
Non-cash investing and financing activities    
Derivative liabilities allocated to convertible note discount 153
Recognition of operating lease right-of-use asset and operating lease liabilities $ 431 $ 410

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