Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (11,950) $ (8,975)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 993 695
Common stock issued for services 2,027 1,703
Amortization of debt discount 1,038 711
Amortization of operating lease right of use asset 54 27
Non cash interest payments 244 244
Change in fair value of derivative liabilities 198 344
Change in fair value of contingent real estate liability 18
Changes in operating assets and liabilities:    
Accounts receivable 5 (299)
Inventory (100) (12)
Other current assets (105) 143
Other assets (63)
Accounts payable and accrued expenses (452) (317)
Lease liabilities (54) (25)
Deferred revenue 190 8
Net Cash Used in Operating Activities (7,912) (5,798)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for machinery and equipment (2,308) (1,581)
Cash paid for intangibles (38) (64)
Net Cash Used in Investing Activities (2,346) (1,645)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 3,037
Proceeds from exercise of employee stock options 102
Net Cash Provided by Financing Activities 3,139
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (7,119) (7,443)
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 44,408 30,154
Cash, Cash Equivalents and Restricted Cash - End of Period 37,289 22,711
Cash Paid During the Period for:    
Interest 163 163
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued in payment of interest 244 244
Stock compensation payable $ 303
Fixed assets included in accounts payable and accrued expenses (1,467)  
Debt issuance costs included in accounts payable and accrued expenses $ (230)