|
INTERMAP TECHNOLOGIES CORPORATION | ||||||
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Condensed Consolidated Interim Statements of Profit and Loss and Other Comprehensive Income | ||||||
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(In thousands of United States dollars, except per share information) | ||||||
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| ||||
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For the three months ended March 31, |
2016 |
2015 | ||||
|
|
|
|
|
|
| |
|
Revenue |
$ |
1,438 |
$ |
956 | ||
|
|
|
|
|
|
| |
|
Expenses: |
|
|
|
| ||
|
|
Operating costs |
|
3,933 |
|
4,658 | |
|
|
Depreciation of property and equipment |
|
214 |
|
242 | |
|
|
Amortization of intangible assets |
|
- |
|
13 | |
|
|
|
|
4,147 |
|
4,913 | |
|
|
|
|
|
|
| |
|
Operating loss |
|
(2,709) |
|
(3,957) | ||
|
|
|
|
|
|
| |
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Gain on disposal of equipment |
|
- |
|
47 | ||
|
Change in fair value of derivative instruments |
|
128 |
|
29 | ||
|
Financing costs |
|
(6,624) |
|
(1,120) | ||
|
Financing income |
|
5 |
|
4 | ||
|
(Loss) gain on foreign currency translation |
|
(111) |
|
138 | ||
|
Loss before income taxes |
|
(9,311) |
|
(4,859) | ||
|
|
|
|
|
|
| |
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Income tax expense: |
|
|
|
| ||
|
|
Current |
|
(4) |
|
(20) | |
|
|
Deferred |
|
- |
|
- | |
|
|
|
|
(4) |
|
(20) | |
|
|
|
|
|
|
| |
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Net loss for the period |
$ |
(9,315) |
$ |
(4,879) | ||
|
|
|
|
|
|
| |
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Other comprehensive loss: |
|
|
|
| ||
|
|
|
|
|
|
| |
|
Items that are or may be reclassified subsequently to profit or loss: |
|
|
|
| ||
|
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Foreign currency translation differences |
|
21 |
|
(57) | |
|
|
|
|
|
|
| |
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Comprehensive loss for the period |
$ |
(9,294) |
$ |
(4,936) | ||
|
|
|
|
|
|
| |
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Basic and diluted loss per share |
$ |
(0.09) |
$ |
(0.05) | ||
|
|
|
|
|
|
| |
|
Weighted average number of Class A common |
|
|
|
| ||
|
|
shares - basic & diluted |
100,237,372 |
91,782,665 | |||
