| Aug'18 | May'18 | Aug'17 | May'17 | Feb'14 | Feb'13 | |
|---|---|---|---|---|---|---|
Net loss | ||||||
-3,954 | -2,859 | -2,550 | -1,805 | 2,201 | -1,340 | |
Items not affecting cash | ||||||
Depreciation | ||||||
155 | 153 | 138 | 113 | 71 | 93 | |
Stock-based compensation (Note 7) | ||||||
25 | 63 | 32 | 821 | 6 | 202 | |
Deferred share units (Note 8) | ||||||
0 | 0 | 7 | 8 | 9 | 9 | |
Accreted interest on convertible debenture (Note 5) | ||||||
16 | 16 | 48 | 60 | - | - | |
Accrued interest on related party loan | ||||||
- | - | - | - | -10 | -24 | |
Fair value adjustment of derivative liabilities (Notes 5 & 10) | ||||||
- | - | - | - | - | -1,232 | |
Unrealized foreign exchange loss (gain) | ||||||
14 | 9 | -95 | -18 | 65 | -248 | |
Change in non-cash operating assets & liabilities | ||||||
Accounts receivable | ||||||
-182 | 326 | -137 | -86 | 1,614 | 8 | |
Investment tax credits | ||||||
45 | 44 | 72 | -152 | 62 | 99 | |
Inventory | ||||||
64 | -25 | -305 | 89 | - | - | |
Prepaid expenses, sundry and other assets | ||||||
108 | 58 | -296 | 26 | -20 | 23 | |
Accounts payable, accrued liabilities and employee costs payable | ||||||
2,594 | -429 | 282 | -216 | -360 | 696 | |
Deferred revenue (Note 3) | ||||||
-75 | -75 | -75 | -75 | - | - | |
Cash flows used in operating activities | ||||||
-1,287 | -3,545 | -1,354 | -952 | 217 | -1,428 | |
Repayment of principal on convertible debenture (Note 5) | ||||||
0 | 0 | 0 | 0 | - | - | |
Repayment of capital lease obligations | ||||||
0 | 0 | 3 | 5 | 14 | 12 | |
Proceeds from issuance of common shares on at-the-market financing (Note 6) | ||||||
0 | 0 | 1,047 | 871 | - | - | |
Proceeds from issuance of common shares on exercise of warrants (Note 6 and 9) | ||||||
0 | 0 | -28 | -29 | - | - | |
Proceeds from issuance of common shares on option exercise (Note 7) | ||||||
0 | 0 | 0 | 0 | 29 | - | |
Proceed from issuance of shares and warrants (Note 6 and 9) | ||||||
0 | 5,300 | 0 | 0 | - | - | |
Proceeds from convertible debenture (Note 7) | ||||||
- | - | - | - | - | 1,500 | |
Issuance of common shares on at-the-market financing (Note 7) | ||||||
- | - | - | - | 4,944 | - | |
Offering costs | ||||||
0 | 618 | 151 | 55 | 429 | - | |
Proceeds from issuance of shares on exercise of warrants (Note 10) | ||||||
- | - | - | - | 162 | - | |
Cash flows provided from financing activities | ||||||
0 | 4,681 | 920 | 840 | 4,692 | 1,487 | |
Investing activity | ||||||
Purchase of property and equipment (Note 4) | ||||||
15 | 45 | 306 | 797 | 65 | 37 | |
Cash flows used in investing activities | ||||||
-15 | -45 | -306 | -797 | -65 | -37 | |
Effect of foreign exchange (gain) loss on cash held in foreign currency | ||||||
- | - | - | - | - | -3 | |
Decrease in cash | ||||||
-1,303 | 1,090 | -740 | -909 | 4,844 | 18 | |
Supplemental cash flow information | ||||||
Interest paid | ||||||
12 | 13 | 0 | 52 | - | - | |
Interest paid | ||||||
- | - | - | - | 44 | 10 | |
Taxes paid | ||||||
0 | 0 | 0 | 0 | 0 | 0 | |