Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Financial Position

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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash $ 32,306 $ 25,469
Amounts receivable 8,280
Prepaid expenses, deposits and receivables 3,076 1,479
TOTAL CURRENT ASSETS 43,662 26,948
NON-CURRENT ASSETS    
Right of use assets - leases 1,177 867
Property, plant, and equipment 464 245
Patent rights, net 1,919 1,778
TOTAL NON-CURRENT ASSETS 3,560 2,890
TOTAL ASSETS 47,222 29,838
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 5,616 4,528
Current portion of lease obligations 346 166
Current portion of note payable 1,885
Warrant derivative liability 4,930 36,317
TOTAL CURRENT LIABILITIES 10,892 42,896
NON-CURRENT LIABILITIES    
Deferred income tax liabilities 56
Lease obligations 981 751
TOTAL LIABILITIES 11,929 43,647
SHAREHOLDERS' EQUITY (DEFICIT)    
Share capital 263,364 215,151
Contributed surplus - Warrant reserve 11,749 668
Contributed surplus 14,067 9,401
Deficit (253,887) (239,029)
TOTAL SHAREHOLDERS' EQUITY (DEFICIT) 35,293 (13,809)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 47,222 $ 29,838