Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flow from Operating Activities:    
Net and comprehensive loss available to common stockholders $ (27,926) $ (164,313)
Adjustments to reconcile net and comprehensive loss to net cash used in operating activities :    
Shares and warrants issued to third parties for services 10,182 0
Modification of warrants 43 0
Contract termination costs 649 0
Depreciation and amortization 866 45
Amortization of debt issuance costs and discounts 2,353 0
Share-based compensation 5,504 4,212
Lease expenses (3) 2
Change in fair value of warrant derivative liability 2,095 193
Payment in kind (PIK) interest expense on notes payable 939 0
Loss on acquisitions 0 149,988
Changes in operating assets and liabilities, net of effects of business acquisition:    
Accounts receivable, net 1,621 (27)
Inventories, net 1,161 42
Prepaid expenses and other current assets 176 (466)
Other assets (84) (457)
Accounts payable (5) (32)
Accrued liabilities 10 1,627
Deferred revenue 43 252
Change in lease liability 0 457
Other 208 (4)
Cash Used in Operating Activities (2,168) (8,481)
Cash Flow from Investing Activities    
Cash acquired in the May Acquisitions 0 1,955
Security deposits 0 (81)
Acquisition of property and equipment, net (6) (4)
Cash (Used in) Provided by Investing Activities (6) 1,870
Cash Flow from Financing Activities    
Proceeds from shares issued pursuant to private placement, net 0 15,826
Payment of old debt 0 (6,200)
Proceeds from issuance of debt 0 6,200
Proceeds from revolving line of credit 1,075 0
Payments on revolving line of credit (300) 0
Proceeds from PPP loans 852 0
Proceeds from June 2020 Notes 1,500 0
Cash advance, net 0 (1,899)
Cash Provided by Financing Activities 3,127 13,927
Net Increase in Cash and cash equivalents and Restricted cash 953 7,316
Total Cash and cash equivalents, Beginning of Period 2,534 3,946
Total Cash and cash equivalents and Restricted cash, End of Period 3,487 $ 11,262
Supplemental Cash Flow Information    
Right-of-use assets recorded upon adoption of ASC 842 421  
Operating lease liability recorded upon adoption of ASC 842 (429)  
Noncash acquisition of right-of-use assets for leases entered into during period 607  
Noncash acquisition of operating lease liability for leases entered into during the period $ (594)