Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Changes in Shareholders' Equity

v3.21.2
Unaudited Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Total
Warrants
Share Capital
Contributed Surplus
Accumulated other comprehensive Income
Accumulated Deficit
Balance, shares at Dec. 31, 2019     160,478,059      
Balance, amount at Dec. 31, 2019 $ 44,333,000 $ 0 $ 185,754,000 $ 20,317,000 $ 3,654,000 $ (165,392,000)
Stock compensation 234,000 0 0 234,000 0 0
Comprehensive income (loss) (3,614,000) 0 $ 0 0 27,000 (3,641,000)
Balance, shares at Mar. 31, 2020     160,478,059      
Balance, amount at Mar. 31, 2020 40,953,000 0 $ 185,754,000 20,551,000 3,681,000 (169,033,000)
Stock compensation 230,000 0 0 230,000 0 0
Comprehensive income (loss) (2,223,000) 0 $ 0 0 4,000 (2,227,000)
Balance, shares at Jun. 30, 2020     160,478,059      
Balance, amount at Jun. 30, 2020 38,960,000 0 $ 185,754,000 20,781,000 3,685,000 (171,260,000)
Stock compensation 229,000 0   229,000 0 0
Comprehensive income (loss) (3,660,000) 0 $ 0 0 36,000 (3,696,000)
Shares issued for cash, shares     9,000,000      
Shares issued for cash, amount 4,680,000 0 $ 4,680,000 0 0 0
Less amount assigned to warrant liablity (860,000) 0 (860,000) 0 0 0
Less share issue costs (428,000) 0 $ (428,000) 0 0 0
Redemption of RSUs, shares     189,613      
Redemption of RSUs, amount (45,000) 0 $ 104,000 (149,000) 0 0
Balance, shares at Sep. 30, 2020     169,667,672      
Balance, amount at Sep. 30, 2020 38,876,000 0 $ 189,250,000 20,861,000 3,721,000 (174,956,000)
Balance, shares at Dec. 31, 2020     170,253,752      
Balance, amount at Dec. 31, 2020 34,096,000 0 $ 189,620,000 20,946,000 3,707,000 (180,177,000)
Stock compensation 231,000 0 0 231,000 0 0
Comprehensive income (loss) (7,153,000) 0 $ 0 0 219,000 (7,372,000)
Shares issued for cash, shares     16,930,530      
Shares issued for cash, amount 15,237,000 169,000 $ 15,068,000 0 0 0
Less amount assigned to warrant liablity (2,604,000) (169,000) (2,435,000) 0 0 0
Less share issue costs (1,307,000) 0 $ (1,307,000) 0 0 0
Exercise of stock options, shares     1,723,818      
Exercise of stock options, amount 1,078,000 0 $ 1,540,000 (462,000) 0 0
Exercise of warrants, shares     481,000      
Exercise of warrants, amount 551,000 0 $ 551,000 0 0 0
Balance, shares at Mar. 31, 2021     189,389,100      
Balance, amount at Mar. 31, 2021 40,129,000 0 $ 203,037,000 20,715,000 3,926,000 (187,549,000)
Stock compensation 259,000 0 0 259,000 0 0
Comprehensive income (loss) (6,845,000) 0 $ 0 0 34,000 (6,879,000)
Shares issued for cash, shares     4,423,368      
Shares issued for cash, amount 6,930,000 0 $ 6,930,000 0 0 0
Less amount assigned to warrant liablity 0 0 0 0 0 0
Less share issue costs (218,000) 0 $ (218,000) 0 0 0
Exercise of stock options, shares     160,000      
Exercise of stock options, amount 94,000 0 $ 134,000 (40,000) 0 0
Exercise of warrants, shares     825,637      
Exercise of warrants, amount 1,245,000 0 $ 1,245,000 0 0 0
Balance, shares at Jun. 30, 2021     194,798,105      
Balance, amount at Jun. 30, 2021 41,594,000 0 $ 211,128,000 20,934,000 3,960,000 (194,428,000)
Stock compensation 289,000 0 0 289,000 0 0
Comprehensive income (loss) (8,889,000) 0 $ 0 0 219,000 (9,108,000)
Shares issued for cash, shares     6,026,499      
Shares issued for cash, amount 10,112,000 0 $ 10,112,000 0 0 0
Less amount assigned to warrant liablity 0 0 0 0 0 0
Less share issue costs (253,000) 0 $ (253,000) 0 0 0
Exercise of stock options, shares     17,548      
Exercise of stock options, amount 11,000 0 $ 16,000 (5,000) 0 0
Balance, shares at Sep. 30, 2021     206,285,975      
Balance, amount at Sep. 30, 2021 $ 51,885,000 $ 0 $ 230,024,000 $ 21,218,000 $ 4,179,000 $ (203,536,000)