Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Note 14 - Capital and Other Components of Equity (Details Textual)

v3.19.2
Note 14 - Capital and Other Components of Equity (Details Textual)
$ / shares in Units, $ / shares in Units, $ in Millions
 1 Months Ended 2 Months Ended 12 Months Ended 13 Months Ended
Feb. 14, 2019
USD ($)
Oct. 23, 2018
CAD ($)
$ / shares
shares
May 14, 2018
CAD ($)
$ / shares
shares
May 09, 2018
CAD ($)
$ / shares
shares
Dec. 27, 2017
CAD ($)
$ / shares
shares
Dec. 27, 2017
USD ($)
$ / shares
shares
Feb. 21, 2017
CAD ($)
$ / shares
shares
Oct. 31, 2018
CAD ($)
shares
Oct. 31, 2018
USD ($)
$ / shares
shares
May 31, 2018
CAD ($)
$ / shares
shares
Mar. 31, 2017
CAD ($)
Mar. 31, 2019
CAD ($)
$ / shares
shares
Mar. 31, 2019
CAD ($)
$ / shares
shares
Mar. 31, 2019
CAD ($)
$ / shares
$ / shares
shares
Mar. 31, 2018
CAD ($)
Mar. 31, 2018
CAD ($)
$ / shares
Dec. 31, 2017
CAD ($)
$ / shares
shares
Feb. 28, 2017
CAD ($)
Feb. 28, 2017
CAD ($)
$ / shares
Mar. 31, 2017
CAD ($)
Mar. 31, 2019
$ / shares
Feb. 14, 2019
CAD ($)
Dec. 27, 2017
$ / shares
shares
Statement Line Items [Line Items]                                              
At-the-market sales agreement, estimated aggregate gross proceeds $ 30.0                                            
At-the-market sales agreement, term 3 years                                            
At-the-market sales agreement, fee, percentage 3.00%                                            
Proceeds from issuing shares   $ 25,400,000           $ 22,600,000 $ 17.4   $ (34,000) $ 0 $ 57,892,000   $ 11,065,000     $ 5,044,000   $ 5,010,000      
Deferred financing costs, current                       179,000 179,000 $ 179,000           $ 179,000  
Number of shares issued in public offering | shares   18,750,000           16,600,000 16,600,000                            
Share issued, price per share | (per share)   $ 1.28         $ 1.57   $ 1                            
Proceeds from issuing shares in public offering, gross   $ 27,600,000           $ 24,700,000 $ 19.1                            
Issue of equity, number of shares | shares   21,562,500   9,530,000       19,090,000 19,090,000                            
Number of units issued during period | shares       9,530,000 9,900,990 9,900,990 3,930,518                                
Unit issued, price per unit | (per share)       $ 1.05     $ 1.45                               $ 1.01
Proceeds from issuing units       $ 10,000,000 $ 12,600,000 $ 10.0 $ 5,699,000                                
Number of warrants issued during period | shares       9,530,000                                      
Exercise price, warrants issued | (per share)       $ 1.31   $ 1.2625 $ 2.15                                
Issue of equity                         54,407,000   6,575,000     4,653,000          
Unit issuance costs             $ 1,190,000           $ 1,800,000                    
Number of shares called by warrants | shares         495,050   234,992                               495,050
Warrant costs         $ 406,000                                    
Unit, shares of class A share | shares             1                                
Unit, shares of class A share purchase warrant | shares             0.5                                
Number of shares called by each warrant | shares             1                                
Warrants and rights outstanding             $ 144,000                                
Weighted average share price             $ 2.65                                
Increase (decrease) from equity settled non-employee share-based payment, shares | shares             60,000                                
Increase (decrease) from equity settled non-employee share-based payment             $ 94,000                     94,000          
Share-based payment costs allocated to share capital             85,000                                
Share-based payment costs allocated to debt             $ 9,000                                
Warrants exercised, equity shares issued | shares                         772,474                    
Number of warrants exercised | shares                         775,855                    
Proceeds from exercise of warrants                       $ 1,011,000   384,000            
May 2018 public offering warrants 2018 [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                   $ 1.31     $ 1.31                    
Warrants and rights outstanding [1]                     8,246,000 $ 8,246,000 $ 8,246,000        
Number of warrants exercised | shares                         771,400                    
Proceeds from exercise of warrants                         $ 1,000,000                    
Series December 2017 US public offering warrants 2017 [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                           $ 1.26                  
Warrants and rights outstanding [2]                     8,017,000 8,017,000 $ 8,017,000 6,405,000 6,405,000        
Series 8 December 2013 Public offering warrants related to liability [member]                                              
Statement Line Items [Line Items]                                              
Warrants and rights outstanding [3]                     209,000 21,000 21,000   187,000 187,000 209,000      
Exercise price for 10 warrants | $ / shares                                         $ 15    
Warrants exercised, equity shares issued | shares                         1,074                    
Number of warrants exercised | shares                         4,455                    
Public offering broker warrants May 2018 [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                         $ 1.05                    
Public offering warrants February 2017, equity portion [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | (per share)                           $ 1.2625     $ 2.15            
Warrants and rights outstanding [4]                            
Number of warrants exercised | shares                                 178,721            
Proceeds from exercise of warrants                                 $ 384,000            
Series December 2017 US Broker warrants, equity portion [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                         $ 2.15                    
The 2017 Unsecured convertible debenture conversion option and contingent warrant related to equity [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                         $ 1.90                    
Warrants and rights outstanding [5]                     309,000 309,000 $ 309,000 309,000 309,000 309,000   309,000 309,000 309,000      
Deferred tax expense (income)                         $ 129,000                    
Series 9 Private Placement warrants 2013 related to equity [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                         $ 13.30                    
Warrants and rights outstanding [6]                            
Series 2017-BW Broker warrants related to equity [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                         $ 2.15                    
Warrants exercised, equity shares issued, amount                         $ 71,000                    
Warrants and rights outstanding [7]                     $ 144,000   144,000 $ 144,000 $ 144,000      
Warrants exercised, equity shares issued | shares                         117,496                    
Warrants expired | shares                         117,496                    
Additional paid-in capital [member]                                              
Statement Line Items [Line Items]                                              
Issue of equity                         $ 283,000   406,000     144,000          
Warrant costs                             144                
Increase (decrease) from equity settled non-employee share-based payment                                            
Underwriter [member]                                              
Statement Line Items [Line Items]                                              
Number of shares called by warrants | shares         892,044                                   892,044
Warrants exercised, equity shares issued, amount         $ 0                                    
Common shares [member]                                              
Statement Line Items [Line Items]                                              
Issue of equity                         6,200,000                    
Unit issuance costs                         $ 1,100,000                    
Class A shares [member]                                              
Statement Line Items [Line Items]                                              
Number of units issued during period | shares         9,900,990 9,900,990                                  
Warrant liabilities issued May 2018 [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | (per share)                         $ 1.31                  
Fair value per shares issuable warrants | $ / shares                   0.39                          
Derivative warrant liabilities [member]                                              
Statement Line Items [Line Items]                                              
Total financial liabilities at fair value through profit or loss                       $ 4,300,000 $ 4,300,000 $ 4,300,000 5,900,000 $ 5,900,000              
Unit issuance costs                         $ 700,000                    
Warrant costs                             $ 2,500,000                
Warrant liabilities issued December 27, 2017 [member]                                              
Statement Line Items [Line Items]                                              
Number of units issued during period | shares         8,910,891 8,910,891                                  
Exercise price, warrants issued | $ / shares                           $ 1.26         $ 1.26        
Fair value per shares issuable warrants | $ / shares         $ 0.60                                    
Underwriter [member]                                              
Statement Line Items [Line Items]                                              
Number of shares issued for option exercised | shares   2,812,500           2,490,000 2,490,000                            
Issue of equity, number of shares | shares     1,429,500                                        
Number of units issued during period | shares     1,429,500                                        
Unit issued, price per unit | $ / shares     $ 1.05                                        
Proceeds from issuing units     $ 1,500,000                                        
Number of warrants issued during period | shares     1,429,500                                        
Exercise price, warrants issued | $ / shares           $ 1.26                                  
Underwriter [member] | Warrant liabilities issued May 2018 [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares     $ 1.31                                        
Broker [member]                                              
Statement Line Items [Line Items]                                              
Exercise price, warrants issued | $ / shares                   $ 1.05                          
Number of shares called by warrants | shares                   547,975                          
Warrant costs                   $ 283,000                          
Class B shares [Member]                                              
Statement Line Items [Line Items]                                              
Non-cumulative dividend rate                       5.00% 5.00% 5.00%                  
Conversion ratio                         1                    
Redeemable price per share | $ / shares                       $ 0.80 $ 0.80 $ 0.80                  
Total number of shares issued | shares                       0 0 0                  
Number of shares outstanding at end of period | shares                       0 0 0                  
Class C shares [Member]                                              
Statement Line Items [Line Items]                                              
Non-cumulative dividend rate                       5.00% 5.00% 5.00%                  
Conversion ratio                         1                    
Redeemable price per share | $ / shares                       $ 0.20 $ 0.20 $ 0.20                  
Total number of shares issued | shares                       0 0 0                  
Number of shares outstanding at end of period | shares                       0 0 0                  
Class D and E shares [Member]                                              
Statement Line Items [Line Items]                                              
Conversion ratio                         1                    
Total number of shares issued | shares                       0 0 0                  
Class D and E shares [Member] | Bottom of range [member]                                              
Statement Line Items [Line Items]                                              
Non-cumulative dividend rate                       0.50% 0.50% 0.50%                  
Class D and E shares [Member] | Top of range [member]                                              
Statement Line Items [Line Items]                                              
Non-cumulative dividend rate                       2.00% 2.00% 2.00%                  
Class A shares [member]                                              
Statement Line Items [Line Items]                                              
Total number of shares issued | shares                       0 0 0                  
Number of shares outstanding at end of period | shares                       0 0 0                  
[1] Warrant to acquire one Common Share of the Corporation at an exercise price of $1.31, expiring on May 9, 2023.
[2] Warrant to acquire one Common Share of the Corporation at an exercise price of US$1.26, expiring on December 27, 2022.
[3] In order to obtain one Common Share of the Corporation at an exercise price of US$15.00, 10 warrants must be exercised. Warrants expired on December 3, 2018.
[4] Warrant to acquire one Common Share of the Corporation at an exercise price of $2.15, expiring on February 21, 2022.
[5] Warrant to acquire one Common Share of the Corporation at an exercise price of $1.90 expiring on February 21, 2020, net of deferred tax expense of $129. Exercisable only for any portion of or all debentures paid by the Corporation prior to maturity.
[6] Warrant to acquire one Common Share of the Corporation at an exercise price of $13.30, expired on December 3, 2018.
[7] Warrant to acquire one Common Share of the Corporation at an exercise price of 2.15 expiring on February 21, 2018. 117,496 warrants amounted to $71 were exercised in November 2017 and 117,496 warrants expired on February 21, 2018