Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.19.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Consolidated net loss $ (4,464) $ (4,399)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:    
Share-based compensation 68 73
Amortization of intangible assets 77 83
Amortization of finance lease right-of-use assets 415  
Depreciation of fixed assets 66 360
Changes in operating assets and liabilities:    
Accounts receivable - trade 22 (44)
Prepaid expenses and other current assets 107 70
Accounts payable (403) (16)
Accrued expenses 210 77
Contract liabilities 1,615 3,018
Net cash used in operating activities (2,287) (778)
Cash flows from investing activities:    
Additions to intangible assets (30) (15)
Purchases of fixed assets   (274)
Net cash used in investing activities (30) (289)
Cash flows from financing activities:    
Payment of finance/capital lease obligation   (48)
Proceeds from sales of preferred and common stock   1,350
Costs to raise capital   (159)
Net cash provided by financing activities   1,143
Effect of exchange rate changes (1)  
Net increase (decrease) in cash (2,318) 76
Cash - beginning of period 4,421 8,088
Cash - end of period 2,103 8,164
Schedule of non-cash activities:    
Increase in ROU assets under ASC 842 7,489  
Unpaid intangible assets included in accounts payable 4 3
Intangible assets included in accounts payable in prior period, paid in current period 8 2
Unpaid fixed assets included in accounts payable 67  
Fixed assets included in accounts payable in prior period, paid in current period   85
Conversion of preferred stock into common stock 4 1
Supplemental cash flow information:    
Cash paid during the period for interest $ 525 $ 477