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, 2015
Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income/(loss) $ (20,516,000)us-gaap_NetIncomeLoss $ (371,000)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,000us-gaap_Depreciation 0us-gaap_Depreciation
Amortization of intangible assets 0us-gaap_AmortizationOfIntangibleAssets 1,000us-gaap_AmortizationOfIntangibleAssets
Stock compensation expense for options and warrants issued to employees and non-employees 163,000us-gaap_ShareBasedCompensation 0us-gaap_ShareBasedCompensation
Non-cash interest expense 6,881,000us-gaap_AmortizationOfFinancingCostsAndDiscounts 0us-gaap_AmortizationOfFinancingCostsAndDiscounts
Amortization of debt discounts 399,000us-gaap_AmortizationOfDebtDiscountPremium 120,000us-gaap_AmortizationOfDebtDiscountPremium
Change in value of warrant and derivative liabilities 11,266,000OXIS_ChangeInValueOfWarrantAndDerivativeLiabilities 72,000OXIS_ChangeInValueOfWarrantAndDerivativeLiabilities
Changes in operating assets and liabilities:    
Accounts receivable 0us-gaap_IncreaseDecreaseInAccountsReceivable 10,000us-gaap_IncreaseDecreaseInAccountsReceivable
Other assets 25,000us-gaap_IncreaseDecreaseInOtherOperatingAssets (6,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued expenses (6,000)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 84,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash used in operating activities (1,787,000)us-gaap_NetCashProvidedByUsedInOperatingActivities (90,000)us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds of notes payable 2,350,000us-gaap_ProceedsFromShortTermDebt 50,000us-gaap_ProceedsFromShortTermDebt
Net cash provided by financing activities 2,350,000us-gaap_NetCashProvidedByUsedInFinancingActivities 50,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Minority Interest 0us-gaap_ProceedsFromMinorityShareholders 1,000us-gaap_ProceedsFromMinorityShareholders
NET DECREASE IN CASH AND CASH EQUIVALENTS 563,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (39,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS - Beginning of period 855,000us-gaap_CashAndCashEquivalentsAtCarryingValue 43,000us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS - End of period 1,418,000us-gaap_CashAndCashEquivalentsAtCarryingValue 4,000us-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 interest expense $ 116,000OXIS_IssuanceOfCommonStockToInterestExpense $ 0OXIS_IssuanceOfCommonStockToInterestExpense