Q1-02 US GAAP - MKS
Q1-02 US GAAP - MKS
Q1-02 US GAAP - MKS
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Balances at April 30, 2000 17,325 $ 26,635<br />
Mortice Kern Systems Inc.<br />
Consolidated Statements of Shareholders’ Equity<br />
(Dollar Amounts In <strong>US</strong>, In Thousands)<br />
<strong>US</strong> <strong>GAAP</strong><br />
Common Shares<br />
Additional<br />
Paid In<br />
Warrants<br />
Number Amount Capital Number Amount<br />
$<br />
– –<br />
Accumulated<br />
Other<br />
Comprehensive<br />
Loss<br />
$<br />
– $ (1,468)<br />
Retained<br />
Earnings<br />
(Deficit) Total<br />
$<br />
(6,589) $ 18,578<br />
Issuance of common<br />
shares for cash 114 420 – – – – – 420<br />
Net loss – – – – – – (12,475) (12,475)<br />
Balances at July 31, 2000 17,439 $ 27,055<br />
$<br />
– –<br />
$<br />
– $ (1,468)<br />
$<br />
(19,064) $ 6,523<br />
Cancellation of shares<br />
related to prepaid<br />
compensation (35) (101) – – – – – (101)<br />
Issuance of Secured<br />
Special Debentures – 1,265 – 8,163 1,713 – – 2,978<br />
Repayment/conversion<br />
of Secured Special<br />
Debentures 4,731 1,991 – – – – – 1,991<br />
Issuance of special<br />
warrants for cash – – – 9,260 7,089 – – 7,089<br />
Issuance of<br />
compensation warrants – – – 926 – – – –<br />
Issuance of acquisition<br />
warrants – – – 561 506 – – 506<br />
Issuance of common<br />
shares for cash 2 3 – – – – – 3<br />
Stock based<br />
compensation – – 330 – – – – 330<br />
Net loss – – – – – – (14,180) (14,180)<br />
Balances at April 30, 2001 22,137 $ 30,213 $ 330 18,910 $ 9,308 $ (1,468)<br />
$<br />
(33,244) $ 5,139<br />
Conversion of special<br />
warrants into common<br />
shares (Unaudited) 9,260 7,089 – (9,260) (7,089) – – –<br />
Exercise of purchase<br />
warrants for cash<br />
(Unaudited) 340 120 – (340) – – – 120<br />
Issuance of common<br />
shares for cash<br />
(Unaudited) 63 25 – – – – – 25<br />
Exercise of acquisition<br />
warrants for cash<br />
(Unaudited) 561 506 – (561) (506) – – –<br />
Net loss – – – – – – (1,407) (1,407)