Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,097 $ 4,543
Marketable securities 44,419 48,352
Prepaid expenses and other assets 569 411
Amounts receivable 399 369
Total current assets 47,484 53,675
Non-current assets:    
Deposits 1,308 0
Operating lease right-of-use asset, net 336 354
Property and equipment, net 132 131
Total non-current assets 1,776 485
Total assets 49,260 54,160
Current liabilities:    
Accounts payable 716 926
Accrued liabilities 1,815 1,777
Operating lease obligation 83 80
Finance lease obligation 3 3
Total current liabilities 2,617 2,786
Non-current liabilities:    
Operating lease obligation 294 316
Finance lease obligation 0 1
Total non-current liabilities 294 317
Shareholders’ equity:    
Common shares, no par value; unlimited authorized; 37,963,916 and 37,958,000 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 0 0
Paid-in capital 167,097 166,609
Accumulated other comprehensive income (loss) (39) 6
Accumulated deficit (120,709) (115,558)
Total shareholders’ equity 46,349 51,057
Total liabilities and shareholders’ equity $ 49,260 $ 54,160