Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,883 $ 16,823
Marketable securities 3,995
Amounts receivable 823 780
Deposits 88
Prepaid expenses and other assets 47 369
Total current assets 8,836 17,972
Non-current assets:    
Operating lease right-of-use asset 153
Property and equipment, net 64 96
Deposits 271
Total non-current assets 217 367
Total assets 9,053 18,339
Current liabilities:    
Accounts payable 182 483
Accrued liabilities 1,076 808
Finance lease obligation 6 5
Operating lease obligation 54
Total current liabilities 1,318 1,296
Non-current liabilities:    
Finance lease obligation, non-current 13 18
Operating lease obligation, non-current 105
Total non-current liabilities 118 18
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Common shares, no par value; unlimited authorized; 12,006,874 and 11,956,874 shares issued and outstanding, as of December 31, 2019 and 2018, respectively
Paid-in capital 64,232 62,993
Accumulated other comprehensive income 2
Accumulated deficit (56,617) (45,968)
Total shareholders’ equity 7,617 17,025
Total liabilities and shareholders’ equity $ 9,053 $ 18,339