20-F Filing

SHOPIFY INC. CIK: 1594805 FY 2015

Filing Information

Form Type	20-F
Accession Number	`0001594805-16-000019`
Period End Date	20151231
Filing Date	20160217
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	shop-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 57 Cash Flow Statement 77 Stockholders Equity 26 Comprehensive Income 6

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.53M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$80.10M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$17.71M	USD	Point-in-time
Trade and other receivables	`ReceivablesNetCurrent`	$6.09M	USD	Point-in-time
Trade and other receivables	`ReceivablesNetCurrent`	$7.23M	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.50M	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.20M	USD	Point-in-time
Preferred shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$202.47M	USD	Point-in-time
Preferred shares authorized (in shares)	`PreferredStockSharesAuthorized`	27.16M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$68.38M	USD	Point-in-time
Preferred shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares issued (in shares)	`PreferredStockSharesIssued`	27.16M	shares	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$21.73M	USD	Point-in-time
Preferred shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$33.05M	USD	Point-in-time
Preferred shares outstanding (in shares)	`PreferredStockSharesOutstanding`	27.16M	shares	Point-in-time
Preferred shares aggregate liquidation preference amount	`PreferredStockLiquidationPreferenceValue`	$87.50M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsNet`	$2.71M	USD	Point-in-time
Preferred shares aggregate liquidation preference amount	`PreferredStockLiquidationPreferenceValue`	-	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsNet`	$5.83M	USD	Point-in-time
Common shares issued (in shares)	`CommonStockSharesIssued`	39.31M	shares	Point-in-time
Goodwill	`Goodwill`	$2.37M	USD	Point-in-time
Goodwill	`Goodwill`	$2.37M	USD	Point-in-time
Common shares issued (in shares)	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Common shares outstanding (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Total long term assets	`AssetsNoncurrent`	$26.81M	USD	Point-in-time
Common shares outstanding (in shares)	`CommonStockSharesOutstanding`	39.31M	shares	Point-in-time
Total long term assets	`AssetsNoncurrent`	$41.25M	USD	Point-in-time
Total assets	`Assets`	$243.71M	USD	Point-in-time
Total assets	`Assets`	$95.19M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.69M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.51M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$12.73M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$6.78M	USD	Point-in-time
Current portion of lease incentives	`DeferredRentCreditCurrent`	$485.00K	USD	Point-in-time
Current portion of lease incentives	`DeferredRentCreditCurrent`	$822.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.24M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$661.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$394.00K	USD	Point-in-time
Lease incentives	`DeferredRentCreditNoncurrent`	$10.50M	USD	Point-in-time
Lease incentives	`DeferredRentCreditNoncurrent`	$7.29M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$11.16M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$7.69M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred shares; nil and 27,159,277 shares authorized, issued and outstanding (aggregate liquidation preference of nil and $87,500)	`PreferredStockValue`	$87.06M	USD	Point-in-time
Convertible preferred shares; nil and 27,159,277 shares authorized, issued and outstanding (aggregate liquidation preference of nil and $87,500)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, unlimited Class A subordinate voting shares authorized, 56,877,089 and nil issued and outstanding; unlimited Class B multiple voting shares authorized, 23,212,769 and nil issued and outstanding; unlimited Common shares authorized, nil and 39,310,446 issued and outstanding	`CommonStockValue`	$231.45M	USD	Point-in-time
Common stock, unlimited Class A subordinate voting shares authorized, 56,877,089 and nil issued and outstanding; unlimited Class B multiple voting shares authorized, 23,212,769 and nil issued and outstanding; unlimited Common shares authorized, nil and 39,310,446 issued and outstanding	`CommonStockValue`	$4.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-29.06M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$17.97M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$67.73M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$85.38M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$195.32M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$95.19M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$243.71M	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Subscription solutions	`LicenseAndServicesRevenue`	$38.34M	USD	Annual
Subscription solutions	`LicenseAndServicesRevenue`	$111.98M	USD	Annual
Subscription solutions	`LicenseAndServicesRevenue`	$66.67M	USD	Annual
Merchant solutions	`SalesRevenueServicesGross`	$11.91M	USD	Annual
Merchant solutions	`SalesRevenueServicesGross`	$93.25M	USD	Annual
Merchant solutions	`SalesRevenueServicesGross`	$38.35M	USD	Annual
Total revenues	`SalesRevenueServicesNet`	$50.25M	USD	Annual
Total revenues	`SalesRevenueServicesNet`	$205.23M	USD	Annual
Total revenues	`SalesRevenueServicesNet`	$105.02M	USD	Annual
Subscription solutions	`CostOfServicesLicensesAndServices`	$16.79M	USD	Annual
Subscription solutions	`CostOfServicesLicensesAndServices`	$8.50M	USD	Annual
Subscription solutions	`CostOfServicesLicensesAndServices`	$24.53M	USD	Annual
Merchant solutions	`OtherCostOfServices`	$69.63M	USD	Annual
Merchant solutions	`OtherCostOfServices`	$5.01M	USD	Annual
Merchant solutions	`OtherCostOfServices`	$26.43M	USD	Annual
Total cost of revenues	`CostOfServices`	$43.22M	USD	Annual
Total cost of revenues	`CostOfServices`	$13.51M	USD	Annual
Total cost of revenues	`CostOfServices`	$94.16M	USD	Annual
Gross profit	`GrossProfit`	$111.07M	USD	Annual
Gross profit	`GrossProfit`	$61.80M	USD	Annual
Gross profit	`GrossProfit`	$36.74M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$70.37M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$23.35M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$45.93M	USD	Annual
Research and development, net of refundable tax credits of $1,058 (2014 $1,295; 2013 $891)	`ResearchAndDevelopmentExpense`	$39.72M	USD	Annual
Research and development, net of refundable tax credits of $1,058 (2014 $1,295; 2013 $891)	`ResearchAndDevelopmentExpense`	$13.68M	USD	Annual
Research and development, net of refundable tax credits of $1,058 (2014 $1,295; 2013 $891)	`ResearchAndDevelopmentExpense`	$25.91M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$18.73M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$3.98M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$11.57M	USD	Annual
Total operating expenses	`OperatingExpenses`	$128.83M	USD	Annual
Total operating expenses	`OperatingExpenses`	$83.41M	USD	Annual
Total operating expenses	`OperatingExpenses`	$41.01M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-4.27M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-21.61M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-17.76M	USD	Annual
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$57.00K	USD	Annual
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$42.00K	USD	Annual
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$200.00K	USD	Annual
Loss on asset disposal	`GainLossOnDispositionOfAssets1`	$-100.00K	USD	Annual
Loss on asset disposal	`GainLossOnDispositionOfAssets1`	$-73.00K	USD	Annual
Loss on asset disposal	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-653.00K	USD	Annual
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-537.00K	USD	Annual
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.23M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-696.00K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-568.00K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.03M	USD	Annual
Net loss and comprehensive loss	`NetIncomeLoss`	$-4.84M	USD	Annual
Net loss and comprehensive loss	`NetIncomeLoss`	$-18.79M	USD	Annual
Net loss and comprehensive loss	`NetIncomeLoss`	$-22.31M	USD	Annual
Basic and diluted net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	Annual
Basic and diluted net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.57	USD	Annual
Basic and diluted net loss per share attributable to common shareholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.30	USD	Annual
Weighted average shares used to compute basic and diluted net loss per share attributable to shareholders (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	61.72M	shares	Annual
Weighted average shares used to compute basic and diluted net loss per share attributable to shareholders (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	37.25M	shares	Annual
Weighted average shares used to compute basic and diluted net loss per share attributable to shareholders (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	38.94M	shares	Annual

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net loss for the year	`NetIncomeLoss`	$-4.84M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-18.79M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-22.31M	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$1.76M	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$4.67M	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$7.24M	USD	Annual
Stock-based compensation	`StockOptionPlanExpense`	$3.79M	USD	Annual
Stock-based compensation	`StockOptionPlanExpense`	$1.45M	USD	Annual
Stock-based compensation	`StockOptionPlanExpense`	$7.80M	USD	Annual
Vesting of restricted shares	`RestrictedStockExpense`	$651.00K	USD	Annual
Vesting of restricted shares	`RestrictedStockExpense`	$353.00K	USD	Annual
Vesting of restricted shares	`RestrictedStockExpense`	$320.00K	USD	Annual
Loss on asset disposal	`GainLossOnDispositionOfAssets1`	$-100.00K	USD	Annual
Loss on asset disposal	`GainLossOnDispositionOfAssets1`	$-73.00K	USD	Annual
Loss on asset disposal	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Unrealized foreign exchange loss	`ForeignCurrencyTransactionLossBeforeTax`	$1.83M	USD	Annual
Unrealized foreign exchange loss	`ForeignCurrencyTransactionLossBeforeTax`	$62.00K	USD	Annual
Unrealized foreign exchange loss	`ForeignCurrencyTransactionLossBeforeTax`	$524.00K	USD	Annual
Changes in lease incentives	`IncreaseDecreaseinDeferredRentCredit`	$7.29M	USD	Annual
Changes in lease incentives	`IncreaseDecreaseinDeferredRentCredit`	$3.54M	USD	Annual
Changes in lease incentives	`IncreaseDecreaseinDeferredRentCredit`	$236.00K	USD	Annual
Change in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$6.22M	USD	Annual
Change in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.95M	USD	Annual
Change in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.81M	USD	Annual
Changes in non-cash working capital items	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.67M	USD	Annual
Changes in non-cash working capital items	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-393.00K	USD	Annual
Changes in non-cash working capital items	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-7.57M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.76M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-801.00K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.40M	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$111.15M	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$20.13M	USD	Annual
Maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	Annual
Maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.38M	USD	Annual
Maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$48.35M	USD	Annual
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.57M	USD	Annual
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.46M	USD	Annual
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.52M	USD	Annual
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$90.00K	USD	Annual
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.04M	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.13M	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$4.51M	USD	Annual
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$828.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-83.84M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.37M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.33M	USD	Annual
Proceeds from initial public offering, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	$136.25M	USD	Annual
Proceeds from initial public offering, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Proceeds from initial public offering, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Issuance of Series C convertible preferred shares, net of issuance costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$69.76M	USD	Annual
Issuance of Series C convertible preferred shares, net of issuance costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Issuance of Series C convertible preferred shares, net of issuance costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$295.00K	USD	Annual
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$140.00K	USD	Annual
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.60M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$137.85M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$140.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$70.05M	USD	Annual
Effect of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-243.00K	USD	Annual
Effect of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.65M	USD	Annual
Effect of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-549.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$68.12M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-41.58M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$65.87M	USD	Annual
Cash and cash equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$17.66M	USD	Point-in-time
Cash and cash equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$41.95M	USD	Point-in-time
Cash and cash equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$110.07M	USD	Point-in-time
Cash and cash equivalents Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$83.53M	USD	Point-in-time
Cash and cash equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$17.66M	USD	Point-in-time
Cash and cash equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$41.95M	USD	Point-in-time
Cash and cash equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$110.07M	USD	Point-in-time
Cash and cash equivalents End of Year	`CashAndCashEquivalentsAtCarryingValue`	$83.53M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Shareholders' equity, beginning balance	`StockholdersEquity`	$17.97M	USD	Point-in-time
Shareholders' equity, beginning balance	`StockholdersEquity`	$67.73M	USD	Point-in-time
Shareholders' equity, beginning balance	`StockholdersEquity`	$85.38M	USD	Point-in-time
Shareholders' equity, beginning balance	`StockholdersEquity`	$195.32M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4.67M	shares	Annual
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	305,649.00	shares	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$140.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.60M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$295.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.87M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.17M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.47M	USD	Annual
Issuance of common stock - business combination	`StockIssuedDuringPeriodValueAcquisitions`	$404.00K	USD	Annual
Vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$353.00K	USD	Annual
Vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$651.00K	USD	Annual
Vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$320.00K	USD	Annual
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$136.25M	USD	Annual
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$69.76M	USD	Annual
Conversion of shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-18.79M	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-4.84M	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-22.31M	USD	Annual
Shareholders' equity, ending balance	`StockholdersEquity`	$17.97M	USD	Point-in-time
Shareholders' equity, ending balance	`StockholdersEquity`	$67.73M	USD	Point-in-time
Shareholders' equity, ending balance	`StockholdersEquity`	$85.38M	USD	Point-in-time
Shareholders' equity, ending balance	`StockholdersEquity`	$195.32M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Refundable research tax credits	`IncomeTaxReconciliationTaxCreditsResearch`	$891.00K	USD	Annual
Refundable research tax credits	`IncomeTaxReconciliationTaxCreditsResearch`	$1.29M	USD	Annual
Refundable research tax credits	`IncomeTaxReconciliationTaxCreditsResearch`	$1.06M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-18.79M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.84M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-22.31M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.