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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 52,180 $ 67,754
Marketable securities 58,249 51,552
Accounts receivable 132 151
Prepaid expenses and other current assets 1,486 1,875
Total current assets 112,047 121,332
Operating lease right-of-use asset (note 6) 1,233  
Property, plant and equipment, net 1,198 991
Deferred tax assets (note 10) 72 105
Total assets 114,550 122,428
Current liabilities:    
Accounts payable and accrued expenses (note 7) 5,794 4,119
Current portion of operating lease liability (note 6) 582  
Total current liabilities 6,376 4,119
Operating lease liability (note 6) 722  
Loan payable, long-term (note 8) 15,139 15,014
Total liabilities 22,237 19,133
Shareholders’ equity:    
Preferred shares, without par value; unlimited shares authorized; issued and outstanding: 1,016,000 (December 31, 2018 - 1,016,000) (note 9) 7,732 7,732
Common shares, without par value; unlimited shares authorized; issued and outstanding: 25,771,954 (December 31, 2018 - 25,750,721) (note 9) 266,040 265,923
Additional paid-in capital 38,932 38,515
Accumulated deficit (219,401) (207,885)
Accumulated other comprehensive loss (990) (990)
Shareholders' equity 92,313 103,295
Total liabilities and shareholders’ equity 114,550 122,428
Commitments and contingencies (note 11)