Quarterly report pursuant to Section 13 or 15(d)

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

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Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 20,686,000 $ 15,299,000
Investments 9,528,000 440,000
Prepaid expenses 285,000 646,000
Other current assets 109,000 101,000
Total current assets 30,608,000 16,486,000
Non-current assets:    
Property and equipment 361,000 384,000
Operating Lease, Right-of-Use Asset 1,491,000
Total non-current assets 1,852,000 384,000
Total assets 32,460,000 16,870,000
Current liabilities:    
Accounts payable 1,174,000 1,315,000
Accrued liabilities 2,221,000 1,474,000
Current portion of lease liability, operating leases 513,000
Total current liabilities 3,908,000 2,789,000
Non-current liabilities:    
Lease liability, operating leases 1,124,000
Total liabilities 5,032,000 2,789,000
Shareholders’ equity:    
Common shares, no par value, unlimited authorized shares, 55,486,564 and 38,161,808 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 291,344,000 261,072,000
Additional paid-in capital 34,593,000 32,963,000
Accumulated other comprehensive loss (4,303,000) (4,316,000)
Deficit (294,206,000) (275,638,000)
Total shareholders’ equity 27,428,000 14,081,000
Total liabilities and shareholders’ equity $ 32,460,000 $ 16,870,000