v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities:    
Net income before non-controlling interest $ 1,572 $ 537
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock based compensation and shares issued for services 211 44
Imputed interest 67 120
Loss (gain) on extinguishment of debt (99)
Loss on fair value of marketable securities 31 70
Interest and Debt discount amortization (3) 72
Gain on derivative fair value adjustment (25) (428)
License fee amortization 35
Gain from Change in on fair value of stock-based liabilities 20 (1,559)
Depreciation and amortization expense 1 216
Changes in Operating Assets and Liabilities:    
Accounts receivable 11 2,640
Other receivables (23) 83
Accounts payable (347) (1,754)
Other Accounts payable 137
Related parties, net (2,377)  
Deferred revenue (59) (74)
Net Cash Used by Operating Activities (784) (97)
Cash Flows from Investing Activities:    
Proceeds from the recession of the Limecom shares - net of cash divested
Purchase of equipment (11)
Net Cash Provided by Investing Activities (11)
Cash Flows from Financing Activities:    
Repayments of loans 1
Proceeds from (Payments to) related party (610) 40
Repayments of loan and convertible notes (12)
Proceeds from issuance of common stock, net of issuance expense 50
Proceeds from common stock subscriptions 1,250
Net Cash Provided by Financing Activities 690 29
Net Increase (Decrease) in Cash (94) (79)
Cash at Beginning of Period 154 93
Cash at End of Period 60 14
Supplemental disclosure of cash flow information    
Cash paid for interest 586
Supplemental disclosure of non-cash financing activities    
Common stock issued for conversion of convertible note principal 27
Common stock issued for settlement of stock-based liabilities 464 155
Common stock issued for settlement of common stock subscribed $ 100 $ 400

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