Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (1,210) $ (980)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 10 11
Stock-based compensation 143 38
Gain on change in fair value of derivative liability (1,998) (755)
Finance cost 1,462
Decrease in operating assets:    
Prepaid expenses 81 46
Increase in operating liabilities:    
Accounts payable and accrued expenses 689 101
Cash used in operating activities (823) (1,539)
Cash flows from investing activities:    
Acquisition of office equipment (3)
Cash used in investing activities (3)
Cash flows from financing activities:    
Proceeds from sale of stock and warrants 285
Cash provided by financing activities 285
Net decrease in cash (541) (1,539)
Cash, beginning of period 547 2,465
Cash, end of period $ 6 $ 926