Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (28,296) $ (38,647)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 0 4
Amortization of debt discount 317 505
Stock based compensation 269 5,308
Loss on impairment of long-lived assets 0 4,599
Loss on the disposal of assets 0 20,494
Convertible notes payable issued and fair value of amended convertible notes payable and warrants as part of forbearance agreements 12,598 0
Convertible notes payable issued and fair value of common shares and warrants issued as part of legal settlements 5,003 0
Loss on abandonment of lease 60 0
Change in fair value of derivative liability 230 0
Issuance of warrants accounted as derivative liabilities 153 0
Effect of changes in:    
Prepaid expenses 242 (216)
Accounts payable and accrued expenses (838) 3,154
Accounts payable - related parties 0 0
Accrued interest 3,000 1,140
Net Cash Used in Operating Activities (7,262) (3,659)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Disposal of fixed assets 0 200
Net Cash Used in Investing Activities 0 200
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of notes payable 12,531 3,527
Payment of note payable 0 (100)
Net Cash Provided by Financing Activities 12,531 3,427
Net Incease (Derease) in Cash 5,269 (32)
Cash at Beginning of Period 28 60
Cash at End of Period 5,297 28
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the year for interest 0 0
Cash paid during the year for taxes 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Beneficial conversion feature of notes payable issued for cash 4,745 0
Common stock issued upon conversion of notes payable and accrued interest 1,741 1,381
Convertible notes payable issued for consulting services 360 0
Reclassification of lease liability to accrued expenses $ 58 $ 0