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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
Research and development 4,101 1,163 6,667 2,270
General and administrative 1,999 1,309 3,738 2,626
Total operating expenses 6,100 2,472 10,405 4,896
Operating loss (6,100) (2,472) (10,405) (4,896)
Other income (expense):        
Foreign exchange gains (losses) (13) (2) (3) 67
Interest income 4 4 8 32
Other income, net 18 18 144 835
Total other income, net 9 20 149 934
Loss before taxes (6,091) (2,452) (10,256) (3,962)
Income tax benefit 964 286 1,651 576
Net loss (5,127) (2,166) (8,605) (3,386)
Dividend on convertible exchangeable preferred shares (50) (50) (101) (101)
Net loss applicable to common shareholders $ (5,177) $ (2,216) $ (8,706) $ (3,487)
Basic and diluted earnings per common share:        
Net loss per share - basic and diluted $ (0.56) $ (0.58) $ (1.07) $ (1.48)
Weighted average common shares outstanding 9,234,110 3,850,228 8,172,472 2,355,113