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
6 Months Ended
Jun. 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
June 30,
  Six months ended
June 30,
      2018       2017       2018       2017  
Program costs, excluding salaries   $
2,201
    $
692
    $
4,476
    $
1,939
 
Salaries    
457
     
314
     
946
     
743
 
License fee, CrystalGenomics (note 9(a),(b))    
5,000
     
-
     
5,000
     
-
 
Stock-based compensation    
152
     
73
     
519
     
123
 
Depreciation and amortization    
8
     
9
     
17
     
18
 
    $
7,818
    $
1,088
    $
10,958
    $
2,823
 
 
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
June 30,
  Six months ended
June 30,
      2018       2017       2018       2017  
General and administrative excluding salaries   $
1,003
    $
560
    $
2,296
    $
1,268
 
Salaries    
533
     
443
     
1,074
     
1,301
 
Stock-based payment financing fees (note 6(a)(iii)    
600
     
-
     
600
     
-
 
Stock-based compensation    
364
     
376
     
2,225
     
386
 
Depreciation and amortization    
11
     
14
     
18
     
28
 
    $
2,511
    $
1,393
    $
6,213
    $
2,983
 
 
 
Components of finance expense:
 
    Three months ended
June 30,
  Six months ended
June 30,
      2018       2017       2018       2017  
Foreign exchange loss   $
11
    $
-
    $
28
    $
-
 
 
 
Components of finance income:
 
    Three months ended
June 30,
  Six months ended
June 30,
      2018       2017       2018       2017  
Interest income   $
74
    $
11
    $
118
    $
19
 
Foreign exchange gain    
-
     
29
     
-
     
54
 
    $
74
    $
40
    $
118
    $
73