Three Months ended June 30,

Six Months ended June 30,

2016

2015

2016

2015

NON-IFRS REVENUE:

Revenue per income statement

$

20,973

$

4,975

$

33,125

$

8,233

Non-cash revenue

(5,079)

-

(10,413)

-

NON-IFRS REVENUE

15,894

4,975

$

22,712

$

8,233

ADJUSTED EBITDA:

Net loss

$

(277)

$

(5,676)

$

(11,377)

$

(5,426)

Add back (subtract):

Depreciation and amortization

6,392

102

12,956

165

Net finance costs

580

59

1,101

129

Income tax recovery

(1,210)

-

(2,656)

-

EBITDA

5,485

(5,515)

24

(5,132)

Non-cash revenue

(5,079)

-

(10,413)

-

Non-cash operating costs

3,811

-

7,877

-

Share-based payments expense

565

647

1,123

1,351

Deimos acquisition costs

-

3,030

-

3,030

Foreign exchange losses (gains)

210

34

402

(169)

ADJUSTED EBITDA

$

4,992

$

(1,804)

$

(987)

$

(920)