| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash flows from/(used in) operating activities: | ||||||
Net loss for the period | ||||||
-26,277 | -28,868 | -11,643 | - | - | ||
Items not involving cash: | ||||||
Stock-based compensation | ||||||
2,296 | 4,276 | 817 | - | - | ||
Shares issued to Aspire Capital as commitment fees | ||||||
360 | 600 | - | - | - | ||
Depreciation and amortization | ||||||
152 | 87 | 84 | - | - | ||
Amortization of right-of-use assets | ||||||
461 | - | - | - | - | ||
Interest on lease liabilities | ||||||
90 | - | - | - | - | ||
Unrealized foreign exchange (gain)/loss | ||||||
23 | -25 | 25 | - | - | ||
Accrued interest on investments | ||||||
34 | - | - | - | - | ||
Change in operating working capital: | ||||||
Prepaid expenses | ||||||
379 | 324 | -70 | - | - | ||
Other assets | ||||||
40 | 27 | -27 | - | - | ||
Operating lease payments | ||||||
471 | - | - | - | - | ||
Accounts payable | ||||||
645 | 726 | 589 | - | - | ||
Accrued liabilities | ||||||
1,662 | 298 | -142 | - | - | ||
Cash used in operating activities | ||||||
-21,558 | -23,207 | -10,223 | - | - | ||
Cash flows from financing activities: | ||||||
Offering costs paid | ||||||
437 | 15 | 0 | - | - | ||
Issuance of common shares under exercise of stock options | ||||||
718 | 240 | - | - | - | ||
Cash provided by financing activities | ||||||
103,448 | 27,871 | 13,718 | - | - | ||
Cash flows from/(used in) investing activities: | ||||||
Acquisition of investments, net | ||||||
17,268 | -341 | 798 | - | - | ||
Purchase of property and equipment | ||||||
102 | 329 | 13 | - | - | ||
Cash used in investing activities | ||||||
-17,370 | 12 | -811 | - | - | ||
Effect of exchange rate fluctuations on cash and cash equivalents held | ||||||
23 | -8 | 7 | - | - | ||
Increase (decrease) in cash and cash equivalents | ||||||
64,543 | 4,668 | 2,691 | - | - | ||
Net loss for the period | ||||||
- | - | - | -14,240 | -11,711 | ||
Stock-based compensation | ||||||
- | - | - | 1,706 | 2,500 | ||
Depreciation and amortization | ||||||
- | - | - | 116 | 75 | ||
Interest income | ||||||
- | - | - | 79 | 226 | ||
Unrealized foreign exchange (loss) gain | ||||||
- | - | - | 233 | -726 | ||
Interest and accretion expense | ||||||
- | - | - | 0 | 34 | ||
Change in non-cash operating working capital (note 8) | ||||||
- | - | - | 126 | -163 | ||
Cash used in operating activities | ||||||
- | - | - | -12,390 | -9,891 | ||
Issuance of common shares under the ATM, net of issuance costs (note 9(b)(ii)) | ||||||
- | - | - | 5,726 | 8 | ||
Issuance of common shares under Share Purchase Agreement (note 6(a)(ii)) | ||||||
- | - | - | 0 | 0 | ||
Exercise of warrants, options and DSUs (note 9) | ||||||
- | - | - | 0 | 798 | ||
Interest paid on notes and loans | ||||||
- | - | - | 0 | 21 | ||
Cash provided by financing activities | ||||||
- | - | - | 5,726 | 785 | ||
Maturity (acquisition) of investments | ||||||
- | - | - | 6,401 | 6,205 | ||
Purchase of property and equipment | ||||||
- | - | - | 3 | 258 | ||
Interest received | ||||||
- | - | - | 79 | 226 | ||
Cash provided by (used in) investing activities | ||||||
- | - | - | 6,477 | 6,173 | ||
Effect of exchange rate fluctuations on cash and cash equivalents held | ||||||
- | - | - | -184 | -1,139 | ||
Increase (decrease) in cash and cash equivalents | ||||||
- | - | - | -371 | -4,072 | ||
ATM Offering [Member] | ||||||
Issuance of common shares | ||||||
- | - | 13,525 | - | - | ||
The 2017 Purchase Agreement [Member] | ||||||
Issuance of common shares | ||||||
- | - | 500 | - | - | ||
Issuance of common shares | ||||||
- | 15,000 | - | - | - | ||
The 2019 Share Purchase Agreement [Member] | ||||||
Issuance of common shares | ||||||
4,370 | - | - | - | - | ||
December 2019 Public Offering [Member] | ||||||
Issuance of common shares | ||||||
68,883 | - | - | - | - | ||
June 2019 Public Offering [Member] | ||||||
Issuance of common shares | ||||||
19,736 | - | - | - | - | ||
The 2018 ATM Offering [Member] | ||||||
Issuance of common shares | ||||||
178 | 10,720 | - | - | - | ||
The 2018 Purchase Agreement [Member] | ||||||
Issuance of common shares | ||||||
10,000 | 1,926 | - | - | - | ||