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)
(as restated) |
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For the three months ended March 31, |
2015 |
2014 |
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Revenue |
$ 956 |
$ 2,104 |
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Expenses: |
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Operating costs |
4,658 |
5,767 |
|||
Depreciation of property and equipment |
242 |
292 |
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Amortization of intangible assets |
13 |
29 |
|||
4,913 |
6,088 |
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Operating loss |
(3,957) |
(3,984) |
|||
Gain on disposal of equipment |
47 |
362 |
|||
Change in fair value of derivative instruments |
29 |
1,229 |
|||
Financing costs |
(1,120) |
(189) |
|||
Financing income |
4 |
7 |
|||
Gain (loss) on foreign currency translation |
138 |
(78) |
|||
Loss before income taxes |
(4,859) |
(2,653) |
|||
Income tax (expense) recovery: |
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Current |
(20) |
- |
|||
Deferred |
- |
318 |
|||
(20) |
318 |
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Net loss for the period |
$ (4,879) |
$ (2,335) |
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Other comprehensive loss: |
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Items that are or may be reclassified subsequently to profit or loss: |
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Foreign currency translation differences |
(57) |
(1) |
|||
Comprehensive loss for the period |
$ (4,936) |
$ (2,336) |
|||
Basic and diluted loss per share |
$ (0.05) |
$ (0.03) |
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Weighted average number of Class A common shares - basic & diluted |
91,782,665 |
91,613,401 |