Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.3.1.900
Consolidated Statements of Shareholders' Equity - USD ($)
Capital Stock
Warrants
Contributed Surplus
Accumulated Other Comprehensive Income
Deficit
Total
Beginning Balance at Dec. 31, 2012 $ 160,896,000 $ 61,000 $ 13,688,000 $ 9,669,000 $ (118,677,000) $ 65,637,000
Beginning Balance (in shares) at Dec. 31, 2012 121,134,276          
Exercise of stock options $ 420,000   (145,000)     $ 275,000
Exercise of stock options (in shares) 377,927         377,927
Common shares issued for cash, net of issue costs $ 3,396,000         $ 3,396,000
Common shares issued for cash, net of issue costs (in shares) 4,709,089          
Adjustment to beginning balances due to change in functional currency       (6,161,000)   (6,161,000)
Redemption of vested RSUs $ 499,000   (563,000)     (64,000)
Redemption of vested RSUs (in shares) 338,451          
Issuance of warrants   4,228,000       4,228,000
Cancellation of warrants   (114,000) 114,000      
Common shares issued for royalty interest $ 763,000         763,000
Common shares issued for royalty interest (in shares) 1,000,000          
Non-cash stock compensation     1,153,000     1,153,000
Net loss and comprehensive (loss) income       (210,000) (30,353,000) (30,563,000)
Ending Balance at Dec. 31, 2013 $ 165,974,000 4,175,000 14,247,000 3,298,000 (149,030,000) 38,664,000
Ending Balance (in shares) at Dec. 31, 2013 127,559,743          
Exercise of stock options $ 2,052,000   (705,000)     $ 1,347,000
Exercise of stock options (in shares) 1,623,139         1,623,139
Common shares issued for cash, net of issue costs $ (50,000)         $ (50,000)
Redemption of vested RSUs $ 142,000   (225,000)     (83,000)
Redemption of vested RSUs (in shares) 182,194          
Other capital contributions     5,000     5,000
Non-cash stock compensation     928,000     928,000
Net loss and comprehensive (loss) income       39,000 (8,749,000) (8,710,000)
Ending Balance at Dec. 31, 2014 $ 168,118,000 4,175,000 14,250,000 3,337,000 (157,779,000) 32,101,000
Ending Balance (in shares) at Dec. 31, 2014 129,365,076          
Exercise of stock options $ 626,000   (216,000)     $ 410,000
Exercise of stock options (in shares) 608,531         608,531
Common shares issued for cash, net of issue costs           $ 65
Redemption of vested RSUs $ 167,000   (295,000)     (128,000)
Redemption of vested RSUs (in shares) 215,168          
Non-cash stock compensation     893,000     893,000
Net loss and comprehensive (loss) income       20,000 (795,000) (775,000)
Ending Balance at Dec. 31, 2015 $ 168,911,000 $ 4,175,000 $ 14,632,000 $ 3,357,000 $ (158,574,000) $ 32,501,000
Ending Balance (in shares) at Dec. 31, 2015 130,188,775