Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited)

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Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 36,991 $ 39,114
Investments 32,520 40,014
Prepaid expenses 2,262 2,476
Other current assets 101 133
Total current assets 71,874 81,737
Non-current assets:    
Property and equipment 287 323
Right-of-use assets, operating leases 442 465
Total non-current assets 729 788
Total assets 72,603 82,525
Current liabilities:    
Accounts payable 1,144 1,699
Accrued liabilities 5,646 6,016
Current portion of lease liability, operating leases 519 459
Total current liabilities 7,309 8,174
Non-current liabilities:    
Lease liability, operating leases 10 115
Total liabilities 7,319 8,289
Shareholders’ equity:    
Common shares, no par value, unlimited authorized shares, 92,229,189 and 92,215,024 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 437,412 437,386
Additional paid-in capital 66,176 63,673
Accumulated other comprehensive loss (4,316) (4,316)
Deficit (433,988) (422,507)
Total shareholders’ equity 65,284 74,236
Total liabilities and shareholders’ equity $ 72,603 $ 82,525