Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited)

v3.23.1
Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 22,762 $ 36,970
Investments 12,958 9,989
Prepaid expenses 2,047 2,303
Other current assets 162 257
Total current assets 37,929 49,519
Non-current assets:    
Property and equipment 183 211
Right-of-use assets, operating leases 1,218 1,297
Total non-current assets 1,401 1,508
Total assets 39,330 51,027
Current liabilities:    
Accounts payable 5,519 6,326
Accrued liabilities 6,594 5,657
Current portion of lease liability, operating leases 306 301
Total current liabilities 12,419 12,284
Non-current liabilities:    
Lease liability, operating leases 918 1,002
Total liabilities 13,337 13,286
Shareholders’ equity:    
Common shares, no par value, unlimited authorized shares, 93,005,278 and 92,367,275 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 437,946 437,520
Additional paid-in capital 70,367 68,869
Accumulated other comprehensive loss (4,314) (4,318)
Deficit (478,006) (464,330)
Total shareholders’ equity 25,993 37,741
Total liabilities and shareholders’ equity $ 39,330 $ 51,027