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Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Shares [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
[1]
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 (22,997)     (22,997)  
Issuance of common shares, net of issuance costs 23,832 $ 23,832      
Issuance of common shares, net of issuance costs (in Shares)   3,450,000      
Stock option compensation expense 2,186   2,186    
Issued pursuant to exercise of stock options 132 $ 780 (657) 9  
Issued pursuant to exercise of stock options (in Shares)   95,254      
Fair value adjustment upon reclassification of stock options (286)   (286)    
Balance at Dec. 31, 2016 63,901 $ 173,246 34,326 (142,681) (990)
Balance (in Shares) at Dec. 31, 2016   17,930,590      
Net loss (7,517)     (7,517)  
Stock option compensation expense 637   637    
Issued pursuant to exercise of stock options $ 174 $ 583 (406) (3)  
Issued pursuant to exercise of stock options (in Shares) 67,921 [2] 66,090      
Balance at Mar. 31, 2017 $ 57,195 $ 173,829 $ 34,557 $ (150,201) $ (990)
Balance (in Shares) at Mar. 31, 2017   17,996,680      
[1] 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.
[2] During the three months ended March 31, 2017, 62,397 stock options were exercised for the same number of common shares for cash (three months ended March 31, 2016 – 16,246). In the same period, the Company issued 3,693 common shares (three months ended March 31, 2016 – nil) for the cashless exercise of 5,524 stock options (three months ended March 31, 2016 – nil).