XML 17 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED UNAUDITED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (2,245) $ (1,195)
Adjustments to reconcile net loss for the period to net cash and cash equivalents used in operating activities:    
Depreciation 4 4
Gain on revaluation of option liability 0 (19)
Recognized deferred income on the sale of intellectual property 0 (178)
Noncash accretion expense - repurchase option 60 60
Stock-based compensation 277 54
Total adjustments (1,904) (1,274)
Changes in working capital    
Prepaid expenses and other (44) (34)
Accounts payable and accrued liabilities (337) (145)
Net cash and cash equivalents used in operating activities (2,285) (1,453)
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 (2,179) (1,453)
Cash and cash equivalents - beginning of the period 5,664 2,523
Cash and cash equivalents - end of the period $ 3,485 $ 1,070