Intermap Technologies Reports 2016 Fourth Quarter and Year-End Financial Results

 

INTERMAP TECHNOLOGIES CORPORATION
Consolidated Statements of Changes in Shareholders' Deficiency
UNAUDITED

(In thousands of United States dollars)



Contributed
Surplus

Cumulative
Translation




Share Capital

Deficit

Total

Balance at December 31, 2014

$

194,377

$

11,395

$

(57)

$

(212,152)

$

(6,437)

Comprehensive loss for the period

-

-

(45)

(18,154)

(18,199)

Share-based compensation

30

294

-

-

324

Exercise of warrants

1,004

-

-

-

1,004

Exercise of options

57

(22)

-

-

35

Note conversion 

556

(16)

-

-

540

New warrant issuance

385

-

-

-

385

Deferred tax effect of convertible note

-

(73)

-

-

(73)

Balance at December 31, 2015

$

196,409

$

11,578

$

(102)

$

(230,306)

$

(22,421)

Comprehensive loss for the period

-

-

(44)

(17,743)

(17,787)

Gain on modification of debt

-

15,063

-

-

15,063

Share-based compensation

174

359

-

-

533

Exercise of options

103

(45)

-

-

58

Balance at December 31, 2016

$

196,686

$

26,955

$

(146)

$

(248,049)

$

(24,554)


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