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 ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 59,754 $ 79,842
Investments 30,229 17,758
Prepaid expenses 886 1,025
Other current assets 117 141
Total current assets 90,986 98,766
Non-current assets:    
Property and equipment 309 334
Right-of-use assets, beginning of period 1,262 1,376
Total non-current assets 1,571 1,710
Total assets 92,557 100,476
Current liabilities:    
Accounts payable 2,017 1,960
Accrued liabilities 1,884 3,058
Current portion of lease liability, operating leases 525 521
Total current liabilities 4,426 5,539
Non-current liabilities:    
Lease liability, operating leases 894 1,011
Total liabilities 5,320 6,550
Shareholders’ equity:    
Common shares, no par value, unlimited authorized shares, 76,269,806 and 76,108,031 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 366,252 365,490
Additional paid-in capital 38,724 34,649
Accumulated other comprehensive loss (4,298) (4,298)
Deficit (313,441) (301,915)
Total shareholders’ equity 87,237 93,926
Total liabilities and shareholders’ equity $ 92,557 $ 100,476