INTERMAP TECHNOLOGIES CORPORATION
Condensed Consolidated Interim Statements of Profit and Loss and Other
Comprehensive Income
(In thousands of United States dollars, except per share information)
For the three months ended March 31, | 2014 | 2013 | ||||||||||
Revenue | $ | 2,104 | $ | 5,093 | ||||||||
Expenses: | ||||||||||||
Operating costs | 5,767 | 5,321 | ||||||||||
Depreciation of property and equipment | 292 | 359 | ||||||||||
Amortization of data library | - | 1,152 | ||||||||||
Amortization of intangible assets | 29 | 29 | ||||||||||
6,088 | 6,861 | |||||||||||
Operating loss | (3,984) | (1,768) | ||||||||||
Gain on disposal of equipment | 362 | 4 | ||||||||||
Financing costs | (204) | (222) | ||||||||||
Financing income | 7 | - | ||||||||||
(Loss) gain on foreign currency translation | (78) | 33 | ||||||||||
Loss before income taxes | (3,897) | (1,953) | ||||||||||
Income tax (expense) recovery: | ||||||||||||
Current | - | (47) | ||||||||||
Deferred | 79 | - | ||||||||||
79 | (47) | |||||||||||
Net loss for the period | $ | (3,818) | $ | (2,000) | ||||||||
Other comprehensive loss: | ||||||||||||
Foreign currency translation differences | (1) | (37) | ||||||||||
Comprehensive loss for the period | $ | (3,819) | $ | (2,037) | ||||||||
Basic and diluted loss per share | $ | (0.04) | $ | (0.03) | ||||||||
Weighted average number of Class A | ||||||||||||
common shares - basic and diluted | 91,613,401 | 78,887,915 |