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 $)
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,853,000)us-gaap_NetIncomeLoss $ (147,000)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible assets 2,000us-gaap_AmortizationOfIntangibleAssets 2,000us-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 1,650,000us-gaap_AmortizationOfFinancingCostsAndDiscounts 139,000us-gaap_AmortizationOfFinancingCostsAndDiscounts
Amortization of debt discounts 1,635,000us-gaap_AmortizationOfDebtDiscountPremium 639,000us-gaap_AmortizationOfDebtDiscountPremium
Change in value of warrant and derivative liabilities 468,000OXIS_ChangeInValueOfWarrantAndDerivativeLiabilities (1,365,000)OXIS_ChangeInValueOfWarrantAndDerivativeLiabilities
Changes in operating assets and liabilities:    
Other assets 56,000us-gaap_IncreaseDecreaseInOtherOperatingAssets 39,000us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued expenses 331,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 445,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash used in operating activities (711,000)us-gaap_NetCashProvidedByUsedInOperatingActivities (73,000)us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of note payable    (34,000)us-gaap_RepaymentsOfNotesPayable
Proceeds of short-term borrowings 1,329,000us-gaap_ProceedsFromShortTermDebt 35,000us-gaap_ProceedsFromShortTermDebt
Net cash provided by financing activities 1,329,000us-gaap_NetCashProvidedByUsedInFinancingActivities 1,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Minority Interest 3,000us-gaap_ProceedsFromMinorityShareholders (51,000)us-gaap_ProceedsFromMinorityShareholders
NET DECREASE IN CASH AND CASH EQUIVALENTS 621,000us-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 664,000us-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
Issuance of common stock in payment of accrued interest 0OXIS_IssuanceOfCommonStockInPaymentOfAccruedInterest 0OXIS_IssuanceOfCommonStockInPaymentOfAccruedInterest
Issuance of common stock in payment of accounts payable $ 364,000OXIS_IssuanceOfCommonStockInPaymentOfAccountsPayable $ 0OXIS_IssuanceOfCommonStockInPaymentOfAccountsPayable