SMTC Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Capital Stock (Tables)

Note 5 - Capital Stock (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Common Stock Outstanding Roll Forward [Table Text Block]

		Number of shares				$
Common Stock
Exchangeable shares:
Balance at beginning of the nine month period			554,748			$	5,249
Shares retired pursuant to:
Conversion to common stock			(554,748	)			(5,249	)
Balance at end of the period			—			$	—
Common shares:
Balance at beginning of the nine month period			15,651,026			$	382
Shares issued pursuant to:
Exercise of stock options			128,132				1
Conversion of exchangeable shares			554,748				6
Balance at end of the period			16,333,906			$	389
Special voting stock:
Balance at beginning of the nine month period			1			$	—
Balance at end of the period			1			$	—
Total Common stock			16,333,907			$	389

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

		Number of options				Weighted average exercise price				Aggregate intrinsic value				Weighted average remaining contractual term (years)
Outstanding at January 1, 2012			1,202,826			$	2.82
Options granted			350,000			$	3.11
Options exercised			(128,132	)		$	1.35
Options forfeited or cancelled			(13,600	)		$	22.83
Outstanding at September 30, 2012			1,411,094			$	2.80			$	509				4.0
Exercisable at September 30, 2012			220,262			$	2.15			$	25				2.8

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		Period ended September 30, 2012
Black-Scholes weighted-average assumptions
Expected dividend yield			0.0	%
Expected volatility			83.0	%
Risk-free interest rate			0.5	%
Expected option life in years			4.0

Weighted-average stock option fair value per option granted		$	1.86