XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated and combined statements of operations and comprehensive loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating expenses      
Research and development $ 15,799 $ 18,079 $ 7,599
General and administrative 5,541 4,296 1,777
Total operating expenses 21,340 22,375 9,376
Other (expenses) income      
Interest expense and financing costs (99) (462) (43)
Change in fair value of derivative liabilities (Note 6(a)) (52) 949 962
Amortization and extinguishment of remaining discount on preferred shares upon conversion of preferred shares   (1,884) (386)
Other (expenses) income (369) (255) 109
Total other income (expenses) (520) (1,652) 642
Net loss before income taxes (21,860) (24,027) (8,734)
Income tax recovery (Note 10)     5
Net loss $ (21,860) $ (24,027) $ (8,729)
Net loss per common stock - basic and diluted (Note 9) $ (1.73) $ (2.75) $ (49.52)
Basic and diluted weighted average common stock outstanding (Note 9) 12,637,839 8,667,387 301,745
Comprehensive loss:      
Net loss $ (21,860) $ (24,027) $ (8,729)
Other comprehensive loss - unrealized loss on securities available for sale (286) (4)  
Comprehensive loss $ (22,146) $ (24,031) $ (8,729)