Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (12,517) $ (5,519)
Adjustments to reconcile loss to net cash used in operating activities:    
Depreciation and amortization 186 337
Non-cash interest expense 467 331
Non-cash gain on inventory received from termination of license agreement 0 (1,293)
Non-cash gain on changes in fair value (1,066) (141)
Stock-based compensation 614 1,222
Other (262) 0
Changes in operating assets and liabilities:    
Receivables 962 (617)
Prepaid expenses and other assets (492) (181)
Accounts payable and other liabilities (111) 112
Accrued sales allowances 750 0
Deferred revenue (313) 626
Net cash used in operating activities (11,782) (5,123)
Cash flows from investing activities:    
Purchases of property and equipment (144) (71)
Net cash used in investing activities (144) (71)
Cash flows from financing activities:    
Net proceeds from the exercises of common stock warrants 724 0
Net proceeds from equity offerings 2,467 8,459
Proceeds from long-term debt 0 640
Payments of long-term debt 0 (3,000)
Net cash provided by financing activities 3,191 6,099
Change in cash, cash equivalents and restricted cash (8,735) 905
Cash, cash equivalents and restricted cash at beginning of period 9,656 7,883
Cash, cash equivalents and restricted cash at end of period 921 8,788
Supplemental disclosure of cash flow information:    
Interest paid 328 344
Warrants issued 0 6,348
Derivatives issued 0 158
Deemed dividend on trigger of down round provision 0 285
Schedule of non-cash transactions    
Restricted cash 0 361
Cash, cash equivalents and restricted cash shown in the statement of cash flows $ 9,656 $ 7,883