Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,147 $ 4,728
Marketable securities 26,508 28,774
Prepaid expenses and other assets 962 251
Amounts receivable 57 82
Total current assets 29,674 33,835
Non-current assets:    
Operating lease right-of-use asset 407 424
Property and equipment, net 136 136
Total non-current assets 543 560
Total assets 30,217 34,395
Current liabilities:    
Accounts payable 1,780 734
Accrued liabilities 956 1,365
Operating lease obligation 73 63
Financing lease obligation 5 6
Total current liabilities 2,814 2,168
Non-current liabilities:    
Operating lease obligation, non-current 377 396
Finance lease obligation, non-current 4 4
Total non-current liabilities 381 400
Shareholders’ equity:    
Common shares, no par value; unlimited authorized; 26,464,977 and 26,443,067 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 0 0
Paid-in capital 128,500 128,078
Accumulated other comprehensive loss (29) (74)
Accumulated deficit (101,449) (96,177)
Total shareholders’ equity 27,022 31,827
Total liabilities and shareholders’ equity $ 30,217 $ 34,395