v3.19.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net Income before non-controlling interest $ 880 $ 70
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock based compensation and shares issued for services 300 617
Imputed interest 67 179
Loss (gain) on extinguishment of debt (99)
Loss on fair value of marketable securities 69 169
Interest and Debt discount amortization (2) 72
Gain on derivative fair value adjustment (30) (483)
Loss on Settlements 84
Gain from Change in on fair value of stock-based liabilities 133 (2,191)
Depreciation and amortization expense 1 358
Changes in Operating Assets and Liabilities:    
Accounts receivable 18 3,266
Other receivables 32 141
Accounts payable (230) (2,174)
Other Accounts payable 277 (92)
Related parties, net (2,485)
Deferred revenue (98) (125)
Net Cash Used by Operating Activities (1,068) (208)
Cash Flows from Investing Activities:    
Proceeds from the rescission of the Limecom shares - net of cash divested
Purchase of equipment (11)
Net Cash Provided by Investing Activities (11)
Cash Flows from Financing Activities:    
Proceeds of loans (46)
Proceeds from (Payments to) related party (610) 92
Repayments of loan, convertible notes and redeemable shares (15) (12)
Proceeds from issuance of common stock, net of issuance expense 1,604
Proceeds from common stock subscriptions 140
Net Cash Provided by Financing Activities 979 174
Net Decrease in Cash (89) (45)
Cash at Beginning of Period 154 93
Cash at End of Period 65 48
Supplemental disclosure of cash flow information    
Cash paid for interest 28
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 464 490
Liability to redeem common stock subscribed 80
Common stock issued for settlement of common stock subscribed $ 100 $ 400

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