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Statement of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Shares [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2014 $ 72,779 $ 147,157 $ 30,346 $ (103,734) $ (990)
Balance (in Shares) at Dec. 31, 2014   14,181,333      
Net loss (15,752)     (15,752)  
Stock option compensation expense 2,077   2,077    
Issued pursuant to exercise of stock options 278 $ 1,477 (992) (207)  
Issued pursuant to exercise of stock options (in Shares)   204,003      
Fair value adjustment upon reclassification of stock options 1,652   1,652    
Balance at Dec. 31, 2015 61,034 $ 148,634 33,083 (119,693) (990)
Balance (in Shares) at Dec. 31, 2015   14,385,336      
Net loss (3,263)     (3,263)  
Stock option compensation expense 634   634    
Issued pursuant to exercise of stock options $ 44 $ 94 (50)    
Issued pursuant to exercise of stock options (in Shares) 16,246 [1] 16,246      
Fair value adjustment upon reclassification of stock options $ (286)   (286)    
Balance at Mar. 31, 2016 $ 58,163 $ 148,728 $ 33,381 $ (122,956) $ (990) [2]
Balance (in Shares) at Mar. 31, 2016   14,401,582      
[1] During the three months ended March 31, 2016, 16,246 stock options were exercised for the same number of common shares for cash (three months ended March 31, 2015 – 26,910). In the same period, the Company did not issue any common shares (three months ended March 31, 2015 – 14,032) for the cashless exercise of stock options (three months ended March 31, 2015 – 17,746).
[2] At March 31, 2016, our accumulated other comprehensive loss is entirely related to historical cumulative translation adjustments from the application of U.S. dollar reporting when the functional currency of the Company was the Canadian dollar.