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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,651,000) $ (9,694,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 801,000 854,000
Stock-based compensation 972,000 1,099,000
Gain on loan forgiveness (Note 5) 1,213,000 0
Change in valuation allowance (Note 4) 3,073,000 0
Changes in assets and liabilities:    
Accounts receivable 134,000 (204,000)
Prepaid expenses and other current assets 79,000 (484,000)
Accounts payable and accrued expenses (991,000) (5,000)
Deferred revenue 12,000 (151,000)
Accrued interest on note payable 5,000 0
Net cash used in operating activities (9,925,000) (8,585,000)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash acquired in connection with Mobcrush Acquisition (Note 4) 586,000 0
Purchase of property and equipment (11,000) (6,000)
Capitalization of software development costs (437,000) (691,000)
Acquisition of other intangible assets (137,000) (72,000)
Net cash used in investing activities 1,000 (769,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock, net of issuance costs (Note 6) 33,399,000 5,953,000
Proceeds from note payable (Note 5) 0 1,200,000
Proceeds from common stock option exercises 38,000 0
Net cash provided by financing activities 33,437,000 7,153,000
INCREASE (DECREASE) IN CASH 23,513,000 (2,201,000)
Cash - beginning of period 7,942,000 8,442,000
Cash - end of period 31,455,000 6,241,000
SUPPLEMENTAL NONCASH INVESTING AND FINANCING ACTIVITIES    
Issuance of common stock in connection with Mobcrush Acquisition 59,855,000 0
Issuance of common stock in connection with Framerate Acquisition   245,000
Gain on loan forgiveness (Note 5) $ 1,213,000 $ 0

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