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CONSOLIDATED UNAUDITED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (1,345) $ (781)
Adjustments to reconcile net loss for the period to net cash and cash equivalents used in operating activities:    
Depreciation 3 3
Gain on revaluation of option liability 0 (8)
Recognized deferred income on the sale of intellectual property 0 (128)
Stock-based compensation 165 34
Total adjustments (1,177) (880)
Changes in working capital    
Prepaid expenses and other 55 40
Accounts payable and accrued liabilities (354) (110)
Net cash and cash equivalents used in operating activities (1,586) (1,030)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from stock option exercises 106 0
Net cash and cash equivalents provided by financing activities 106 0
Decrease in cash and cash equivalents (1,480) (1,030)
Cash and cash equivalents - beginning of the period 5,664 2,523
Cash and cash equivalents - end of the period $ 4,184 $ 1,493