Intermap Technologies Reports 2013 Second Quarter Financial Results

INTERMAP TECHNOLOGIES CORPORATION
Condensed Consolidated Interim Statements of Changes in Equity
(In thousands of United States dollars)

 
 
 
 
 
 
 Share  
Capital
 
 
 
 
Contributed
Surplus
Cumulative
Translation
Adjustments
Deficit  Total 
                   
Balance at January 1, 2012     $   193,992     $   9,663  $           46   $     (183,272)     $      20,429 
                   
Comprehensive loss for the period       -      -            (37)            (4,278)             (4,315)
Share-based compensation     138     368             -        -                 506 
Warrant component of convertible note     19      -             -        -                   19 
Conversion option of convertible note       -     136             -        -                 136 
Issuance costs     (1)     (4)             -        -                    (5)
                   
Balance at June 30, 2012   $    194,148   $   10,163  $             9   $     (187,550)     $      16,770 
                   
Comprehensive profit for the period     -     -           49               1,352                1,401 
Share-based compensation     -     224        -           -                  224 
Deferred tax effect of convertible note     (4)     (33)        -           -                  (37)
                   
Balance at December 31, 2012   $    194,144   $   10,354  $           58   $     (186,198)     $      18,358 
                   
Comprehensive loss for the period     -     -            (34)            (1,830)             (1,864)
Share-based compensation     81     168          -        -                  249 
Convertible note conversion     1,817     -         -        -               1,817 
Conversion option of convertible note     79     (79)         -        -           -
                   
Balance at June 30, 2013   $    196,121   $   10,443  $            24   $     (188,028)     $      18,560 
                   

 

INTERMAP TECHNOLOGIES CORPORATION

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