Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v2.4.1.9
Consolidated Statements of Cash Flows (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income/(loss) $ (371,000)us-gaap_NetIncomeLoss $ 468,000us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible assets 1,000us-gaap_AmortizationOfIntangibleAssets 0us-gaap_AmortizationOfIntangibleAssets
Stock compensation expense for options and warrants issued to employees and non-employees 0us-gaap_ShareBasedCompensation 175,000us-gaap_ShareBasedCompensation
Non-cash interest expense 0us-gaap_AmortizationOfFinancingCostsAndDiscounts 139,000us-gaap_AmortizationOfFinancingCostsAndDiscounts
Amortization of debt discounts 120,000us-gaap_AmortizationOfDebtDiscountPremium 294,000us-gaap_AmortizationOfDebtDiscountPremium
Change in value of warrant and derivative liabilities 72,000OXIS_ChangeInValueOfWarrantAndDerivativeLiabilities (1,360,000)OXIS_ChangeInValueOfWarrantAndDerivativeLiabilities
Changes in operating assets and liabilities:    
Accounts receivable 10,000us-gaap_IncreaseDecreaseInAccountsReceivable 0us-gaap_IncreaseDecreaseInAccountsReceivable
Other assets (6,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets (15,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued expenses 84,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 161,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash used in operating activities (90,000)us-gaap_NetCashProvidedByUsedInOperatingActivities (138,000)us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of note payable 0us-gaap_RepaymentsOfNotesPayable (34,000)us-gaap_RepaymentsOfNotesPayable
Proceeds of short-term borrowings 50,000us-gaap_ProceedsFromShortTermDebt 35,000us-gaap_ProceedsFromShortTermDebt
Net cash provided by financing activities 50,000us-gaap_NetCashProvidedByUsedInFinancingActivities 1,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Minority Interest 1,000us-gaap_ProceedsFromMinorityShareholders 14,000us-gaap_ProceedsFromMinorityShareholders
NET DECREASE IN CASH AND CASH EQUIVALENTS (39,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (123,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS - Beginning of period 43,000us-gaap_CashAndCashEquivalentsAtCarryingValue 123,000us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS - End of period 4,000us-gaap_CashAndCashEquivalentsAtCarryingValue 0us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosures:    
Interest paid 0us-gaap_InterestPaid 0us-gaap_InterestPaid
Income taxes paid 0us-gaap_IncomeTaxesPaid 0us-gaap_IncomeTaxesPaid
Supplemental non-cash activities    
Issuance of common stock to convert notes payable $ 0OXIS_IssuanceOfCommonStockToConvertNotesPayable $ 251,000OXIS_IssuanceOfCommonStockToConvertNotesPayable