|
Cash Flows From Operating Activities
|
|
$6.7m
|
($41k)
|
$5.8m
|
$11.7m
|
$11.2m
|
$17.9m
|
|
Adjustments to reconcile profit (loss) before working capital changes and income tax payable
|
|
$1.9m
|
$2.0m
|
$9.1m
|
$13.6m
|
$14.1m
|
$15.2m
|
|
Depreciation and amortization
|
|
$2.9m
|
$4.8m
|
$8.5m
|
$13.1m
|
$16.9m
|
$19.4m
|
|
Net interest expense and other financing charges
|
|
$1.4m
|
$184k
|
$1.1m
|
$2.1m
|
$3.2m
|
$1.1m
|
|
Income taxes expense
|
|
—
|
—
|
$1.6m
|
$910k
|
($1.6m)
|
$1.7m
|
|
Net loss
|
|
—
|
—
|
($3.5m)
|
($3.8m)
|
($5.1m)
|
($8.1m)
|
|
Share based compensation
|
|
$3.0m
|
$4.7m
|
$3.8m
|
$2.1m
|
$809k
|
$1.4m
|
|
Loss on remeasurement of derivative liability
|
|
—
|
—
|
($13k)
|
$47k
|
$94k
|
—
|
|
Gain on settlement of convertible debt
|
|
—
|
—
|
$0
|
($595k)
|
($169k)
|
—
|
|
Loss (Gain) on remeasurement of deferred consideration
|
|
$9.3m
|
$0
|
($804k)
|
$440k
|
($132k)
|
$157k
|
|
Unrealized foreign exchange (gain) loss
|
|
—
|
—
|
$4k
|
($591k)
|
$119k
|
($558k)
|
|
Change in working capital
|
|
$4.3m
|
($1.5m)
|
($3.6m)
|
($455k)
|
($3.8m)
|
$3.2m
|
|
Purchases of property and equipment
|
|
($223k)
|
($123k)
|
($544k)
|
($332k)
|
($1.1m)
|
($364k)
|
|
Additions of intangible assets
|
|
($2.3m)
|
($3.1m)
|
($7.4m)
|
($9.4m)
|
($12.1m)
|
($14.5m)
|
|
Loan receivables
|
|
—
|
—
|
—
|
—
|
—
|
($400k)
|
|
Investment in associates
|
|
—
|
—
|
—
|
—
|
—
|
($459k)
|
|
Cash Flows (Used In) Investing Activities
|
|
($2.8m)
|
($23.9m)
|
($16.9m)
|
($9.7m)
|
($13.2m)
|
($15.7m)
|
|
Proceeds from exercise of stock options
|
|
$18k
|
$636k
|
$14k
|
$440k
|
$364k
|
$50k
|
|
Repayment of lease liability
|
|
($212k)
|
($171k)
|
($188k)
|
($595k)
|
($790k)
|
($1.3m)
|
|
Proceeds from loans payable
|
|
—
|
—
|
$8.1m
|
—
|
$6.5m
|
$3.5m
|
|
Repayment of loans payable
|
|
—
|
—
|
($661k)
|
($109k)
|
—
|
($6.1m)
|
|
Proceeds from (repayment of) loan
|
|
—
|
—
|
—
|
($109k)
|
$6.5m
|
—
|
|
Interest and financing fees
|
|
($353k)
|
($245k)
|
($221k)
|
($210k)
|
($1.1m)
|
($960k)
|
|
Cash Flows (Used In) From Financing Activities
|
|
$22.3m
|
$12.4m
|
$7.0m
|
($4.2m)
|
$3.6m
|
($4.9m)
|
|
Repayment of convertible debt
|
|
—
|
—
|
—
|
($3.7m)
|
($1.4m)
|
—
|
|
Effect of foreign currency exchange rate changes on cash and cash equivalents
|
|
($307k)
|
$1.4m
|
($609k)
|
($341k)
|
$63k
|
($1.1m)
|
|
Change In Cash And Cash Equivalents
|
|
$25.4m
|
($10.1m)
|
($4.7m)
|
($2.5m)
|
$1.7m
|
($3.8m)
|
|
Cash and cash equivalents at beginning of year
|
|
$26.1m
|
$16.0m
|
$11.3m
|
$8.8m
|
$10.5m
|
$6.7m
|
|
Income taxes (paid) recovered
|
|
—
|
—
|
($1.3m)
|
($1.5m)
|
$927k
|
($449k)
|