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Equity (Tables)
12 Months Ended
Dec. 31, 2018
Share-Based Payment Arrangements [Abstract]  
Disclosure of share-based compensation
Share-based Compensation
December 31, 2018

 
December 31, 2017

Option Expense
$
1,676

 
$
1,245

DSU Expense for 2018
307

 
679

DSU Expense Adjustment for 2017
(45
)
 

RSU Expense
964

 
1,201

Total Share-based Compensation (included in net loss)
$
2,902

 
$
3,125

2017 DSU Expense (issued in 2018) (note 20 (e))
380

 
(380
)
Total Share-based Compensation (per statement of equity)
$
3,282

 
$
2,745

Disclosure of classes of share capital
Gross Offering proceeds (51,831,659 shares at $3.5464 per share)
$
183,816

Less: Share issuance costs
(144
)
Net Offering proceeds
$
183,672

Disclosure of range of exercise prices of outstanding share warrants explanatory
 
Exercise price of

 
Exercise price of

 
Total

Warrants Outstanding
$
1.50

 
$
2.00

 
Warrants

At January 1, 2017
122,563

 
1,675,000

 
1,797,563

Warrants exercised in 2017

 
(1,012,500
)
 
(1,012,500
)
At December 31, 2017
122,563

 
662,500

 
785,063

Warrants exercised in 2018
(122,563
)
 
(625,000
)
 
(747,563
)
Warrants expired in 2018


(37,500
)
 
(37,500
)
At December 31, 2018

 

 

Disclosure of number and weighted average exercise prices of share options
As at December 31, options outstanding from the consolidated share option plan were as follows:
Balance
Options for common shares

 
Weighted average exercise price

At January 1, 2017
5,537,729

 
$
1.84

Options granted
1,498,776

 
2.21

Options exercised
(1,820,193
)
 
1.99

Options forfeited
(277,839
)
 
1.91

Options expired
(110,300
)
 
2.31

At December 31, 2017
4,828,173

 
2.01

Options granted
1,675,640

 
3.27

Options exercised
(945,022
)
 
1.66

Options forfeited
(400,663
)
 
2.22

Options expired
(24,667
)
 
1.35

At December 31, 2018
5,133,461

 
$
2.34

Disclosure of number and weighted average remaining contractual life of outstanding share options
The following table summarizes information about the Corporation’s share options outstanding as at December 31, 2018:
 
Options outstanding
 
Options exercisable
 
Number

 
Weighted average
remaining
contractual life
 
Weighted
average
exercise

 
Number

 
Weighted
average

Range of exercise price
outstanding

 
(years)
 
price

 
exercisable

 
exercise price

$0.83 - $1.19
208,167

 
1.2
 
$
0.90

 
208,167

 
$
0.90

$1.23 - $1.96
1,689,154

 
4.6
 
1.64

 
736,818

 
1.51

$2.00 - $2.74
1,994,924

 
3.9
 
2.39

 
1,441,920

 
2.32

$2.80 - $3.74
1,241,216

 
6.0
 
3.48

 
68,190

 
3.21

 
5,133,461

 
4.5
 
$
2.34

 
2,455,095

 
$
1.98

Disclosure of range of exercise prices of outstanding share options
The following table summarizes information about the Corporation’s share options outstanding as at December 31, 2018:
 
Options outstanding
 
Options exercisable
 
Number

 
Weighted average
remaining
contractual life
 
Weighted
average
exercise

 
Number

 
Weighted
average

Range of exercise price
outstanding

 
(years)
 
price

 
exercisable

 
exercise price

$0.83 - $1.19
208,167

 
1.2
 
$
0.90

 
208,167

 
$
0.90

$1.23 - $1.96
1,689,154

 
4.6
 
1.64

 
736,818

 
1.51

$2.00 - $2.74
1,994,924

 
3.9
 
2.39

 
1,441,920

 
2.32

$2.80 - $3.74
1,241,216

 
6.0
 
3.48

 
68,190

 
3.21

 
5,133,461

 
4.5
 
$
2.34

 
2,455,095

 
$
1.98

Disclosure of indirect measurement of fair value of goods or services received, share options granted during period
The fair values of the options granted were determined using the Black-Scholes valuation model under the following weighted average assumptions:
 
2018

 
2017

Expected life
4 years

 
4 years

Expected dividends
Nil

 
Nil

Expected volatility
64
%
 
70
%
Risk-free interest rate
2
%
 
1
%
Disclosure of number and weighted average exercise prices of other equity instruments
Balance
DSUs for common shares

At January 1, 2017
1,125,250

DSUs granted
87,682

DSUs exercised
(347,588
)
At December 31, 2017
865,344

DSUs granted
179,469

DSUs exercised
(297,600
)
At December 31, 2018
747,213

 
RSUs for common shares

At January 1, 2017
1,473,408

RSUs granted
735,978

RSU performance factor adjustment
186,083

RSUs exercised
(560,677
)
RSUs forfeited
(160,155
)
At December 31, 2017
1,674,637

RSUs granted
379,257

RSU performance factor adjustment
218,213

RSUs exercised
(290,820
)
RSUs forfeited
(203,095
)
At December 31, 2018
1,778,192