XML 26 R13.htm IDEA: XBRL DOCUMENT v3.21.1
Property and equipment
12 Months Ended
Dec. 31, 2020
Disclosure Of Property Plant And Equipment  
Property and equipment

8.

Property and equipment

 

 

 

Computer

equipment

 

 

Furniture

and fixtures

 

 

Leasehold

improvements

 

 

Total

 

Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

 

 

5,046

 

 

 

1,502

 

 

 

2,509

 

 

 

9,057

 

Additions

 

 

186

 

 

 

3

 

 

 

 

 

 

189

 

Disposals

 

 

(719

)

 

 

(325

)

 

 

 

 

 

(1,044

)

Balance at December 31, 2019

 

 

4,513

 

 

 

1,180

 

 

 

2,509

 

 

 

8,202

 

Additions

 

 

22

 

 

 

 

 

 

 

 

 

22

 

Disposals

 

 

(2,452

)

 

 

 

 

 

(454

)

 

 

(2,906

)

Balance at December 31, 2020

 

 

2,083

 

 

 

1,180

 

 

 

2,055

 

 

 

5,318

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated depreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

 

 

3,672

 

 

 

899

 

 

 

1,470

 

 

 

6,041

 

Depreciation

 

 

749

 

 

 

116

 

 

 

465

 

 

 

1,330

 

Disposals

 

 

(660

)

 

 

(282

)

 

 

 

 

 

(942

)

Balance at December 31, 2019

 

 

3,761

 

 

 

733

 

 

 

1,935

 

 

 

6,429

 

Depreciation

 

 

229

 

 

 

91

 

 

 

311

 

 

 

631

 

Disposals

 

 

(2,443

)

 

 

 

 

 

(191

)

 

 

(2,634

)

Balance at December 31, 2020

 

 

1,547

 

 

 

824

 

 

 

2,055

 

 

 

4,426

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2019

 

 

752

 

 

 

447

 

 

 

574

 

 

 

1,773

 

Balance at December 31, 2020

 

 

536

 

 

 

356

 

 

 

 

 

 

892

 

 

During the current year, the Company vacated one of its leased properties and accordingly wrote off $263 of net book value related to leasehold improvements for the right of use asset and also recognized a loss of $9 (2019- $102) on the disposal of computer equipment, including fully depreciated bitcoin equipment with a cost and accumulated depreciation of $2,427 and furniture and fixtures. Non-cash expense related to disposals is recorded in the consolidated statement of operations and comprehensive loss.

8.

Property and equipment (Continued from previous page)

Depreciation of $311 for the year ended December 31, 2020 (December 31, 2019 - $465) is included in general and administration expenses. Depreciation expense of $320 for the year ended December 31, 2020 (December 31, 2019 - $865) for all other property and equipment is included in technology and development costs.