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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2013
Operating activities:      
Net Loss $ (31,952) $ (40,484) $ (62,760)
Adjustments to reconcile net loss to net cash used in operating activities:      
Equity losses of affiliates 11,408 15,926 27,972
Share-based compensation 9,488 10,197 12,304
Interest on promissory note 4,108 4,425 3,622
Accretion of convertible notes 717 1,542 5,101
Depreciation 35 36 37
Deferred income taxes (2) 74 3,606
Write-down of investments 426 0 3,227
Write-down of assets 0 0 776
Foreign exchange gain (4,771) (3,688) (10,448)
Other (515) (373) (721)
Withholding tax on share based compensation (827) (636) (619)
Net change in operating assets and liabilities (note 18) 459 3,173 (1,588)
Net cash used in operations (11,426) (9,808) (19,491)
Investing activities:      
Proceeds from term deposits 135,000 215,000 0
Purchases of term deposits (125,000) (200,000) (110,000)
Funding of affiliates (10,964) (15,946) (18,793)
Proceeds from sale of assets 0 (21) (53)
Net cash used in investing activities (964) (967) (128,846)
Financing activities:      
Proceeds from share issuance, net 0 0 54,359
Repayment of debt (15,829) 0 (79,171)
Net cash provided from (used in) financing activities (15,829) 0 (24,812)
Effect of exchange rate changes on cash (375) (162) (256)
Decrease in cash and cash equivalents (28,594) (10,937) (173,405)
Cash and cash equivalents at beginning of period 70,325 81,262 254,667
Cash and cash equivalents at end of period $ 41,731 $ 70,325 $ 81,262