Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (254,955) $ (138,146)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 5 2
Loss on impairment of long-lived assets 228,514 0
Stock compensation expense for options and warrants issued to employees and non-employees 8,191 125,905
Amortization of debt discounts 7,816 4,791
Note Allonge 0 100
Non-cash interest expense 0 2,197
Amortization of loan costs 1,076 0
Changes in operating assets and liabilities:    
Prepaid Expenses (15) 0
Other assets (12) (7)
Accounts payable and accrued expenses (53) 1,880
Net cash used in operating activities (9,433) (3,278)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of fixed assets (4) 0
Net cash used in investing activities (4) 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable 15,045 5,991
Loan costs (533) 0
Repayment of note payable 4,419 0
Net cash provided by financing activities 10,093 5,991
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 656 2,713
CASH AND CASH EQUIVALENTS - Beginning of period 576 19
CASH AND CASH EQUIVALENTS - End of period 1,232 2,732
Non-Cash Investing and Financing Activities:    
Issuance of common stock upon conversion of convertible notes 220 0
Acquisition of intangibles through issuance of common stock $ 0 $ 253,777