Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Note 9 - Other Expenses

v3.10.0.1
Note 9 - Other Expenses
9 Months Ended
Sep. 30, 2018
Statement Line Items [Line Items]  
Components of other expenses [text block]
9.
Other expenses
 
Components of research and development expenses:
 
    Three months ended
September 30,
    Nine months ended
September 30,
 
    2018     2017     2018     2017  
Program costs, excluding salaries   $
2,773
    $
1,017
    $
7,249
    $
2,956
 
Salaries    
502
     
321
     
1,448
     
1,064
 
License fee, CrystalGenomics (a),(b)    
-
     
-
     
5,000
     
-
 
Stock-based compensation    
307
     
43
     
826
     
168
 
Depreciation and amortization    
9
     
9
     
26
     
25
 
    $
3,591
    $
1,390
    $
14,549
    $
4,213
 
 
a) On
May 7, 2018,
under the license agreement with CrystalGenomics the Company, the Company paid the option fee of
$2.0
million in cash to CrystalGenomics in order to exercise early the option and gain an exclusive license to develop and commercialize CG-
806
in all territories outside of Korea and China. Future milestone payments are described in note
10.
 
b) On
June 13, 2018,
the Company paid
$3.0
million in cash to CrystalGenomics to gain an exclusive license to develop and commercialize CG-
806
in China. Future milestone payments are described in note
10.
 
Components of general and administrative expenses:
 
    Three months ended
September 30,
    Nine months ended
September 30,
 
    2018     2017     2018     2017  
                         
General and administrative excluding salaries   $
853
    $
712
    $
3,149
    $
1,980
 
Salaries    
503
     
483
     
1,577
     
1,784
 
Stock-based payment financing fees (note 6(a)(iii)    
-
     
-
     
600
     
-
 
Stock-based compensation    
644
     
112
     
2,869
     
498
 
Depreciation and amortization    
20
     
12
     
38
     
40
 
    $
2,020
    $
1,319
    $
8,233
    $
4,302
 
 
Components of finance expense:
 
    Three months ended
September 30,
    Nine months ended
September 30,
 
    2018     2017     2018     2017  
Foreign exchange loss   $
-
    $
-
    $
20
    $
-
 
 
Components of finance income:
 
    Three months ended
September 30,
    Nine months ended
September 30,
 
    2018     2017     2018     2017  
Interest income   $
80
    $
21
    $
198
    $
40
 
Foreign exchange gain    
9
     
48
     
-
     
102
 
    $
89
    $
69
    $
198
    $
142