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
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 54,112 $ 79,842
Investments 28,610 17,758
Prepaid expenses 1,023 1,025
Other current assets 117 141
Total current assets 83,862 98,766
Non-current assets:    
Property and equipment 309 334
Right-of-use assets, beginning of period 1,147 1,376
Total non-current assets 1,456 1,710
Total assets 85,318 100,476
Current liabilities:    
Accounts payable 1,903 1,960
Accrued liabilities 2,892 3,058
Current portion of lease liability, operating leases 528 521
Total current liabilities 5,323 5,539
Non-current liabilities:    
Lease liability, operating leases 776 1,011
Total liabilities 6,099 6,550
Shareholders’ equity:    
Common shares, no par value, unlimited authorized shares, 76,298,719 and 76,108,031 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 366,337 365,490
Additional paid-in capital 46,386 34,649
Accumulated other comprehensive loss (4,313) (4,298)
Deficit (329,191) (301,915)
Total shareholders’ equity 79,219 93,926
Total liabilities and shareholders’ equity $ 85,318 $ 100,476