Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Financial Position

v3.22.1
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 39,114 $ 117,393
Investments 40,014 5,000
Prepaid expenses 2,476 2,554
Other current assets 133 129
Total current assets 81,737 125,076
Non-current assets:    
Property and equipment 323 261
Right-of-use assets, operating leases 465 925
Total non-current assets 788 1,186
Total assets 82,525 126,262
Current liabilities:    
Accounts payable 1,699 2,171
Accrued liabilities 6,016 4,102
Current portion of lease liability, operating leases 459 539
Total current liabilities 8,174 6,812
Non-current liabilities:    
Lease liability, operating leases 115 535
Total liabilities 8,289 7,347
Shareholders’ equity:    
Common shares, no par value, unlimited authorized shares, 92,215,024 and 88,881,737 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 437,386 429,523
Additional paid-in capital 63,673 50,861
Accumulated other comprehensive loss (4,316) (4,316)
Deficit (422,507) (357,153)
Total shareholders’ equity 74,236 118,915
Total liabilities and shareholders’ equity $ 82,525 $ 126,262