XML 50 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 37,671 $ 67,754
Marketable securities 56,932 51,552
Accounts receivable 209 151
Prepaid expenses and other current assets 1,666 1,875
Total current assets 96,478 121,332
Operating lease right-of-use asset (note 6) 1,036  
Property, plant and equipment, net 1,212 991
Deferred tax assets (note 11) 178 105
Total assets 98,904 122,428
Current liabilities:    
Accounts payable and accrued expenses (note 7) 7,923 4,119
Operating lease liability, current (note 6) 158  
Term loan, current (note 8) 3,616  
Total current liabilities 11,697 4,119
Operating lease liability (note 6) 857  
Term loan, long-term (note 8) 11,786 15,014
Total liabilities 24,340 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: 25,868,594 (December 31, 2018 - 25,750,721) (note 9) 266,425 265,923
Additional paid-in capital 39,676 38,515
Accumulated deficit (238,279) (207,885)
Accumulated other comprehensive loss (990) (990)
Shareholders' equity 74,564 103,295
Total liabilities and shareholders’ equity 98,904 122,428
Commitments and contingencies (note 12)