Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Condensed Interim Statement of Net and Comprehensive Loss

v3.19.3
Condensed Interim Statement of Net and Comprehensive Loss - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Statement [Line Items]        
Revenue $ 0 $ 0 $ 0 $ 0
Expenses:        
Amortization 7,291 5,372 13,466 17,114
Consulting fees 451,068 141,076 720,497 371,188
Stock based compensation 740,051 356,348 991,408 723,405
Insurance 116,123 6,900 234,612 15,957
Management salaries and fees 749,880 730,975 1,398,466 1,439,999
Marketing and investor relations 102,487 126,381 208,676 170,998
Office and general 77,136 128,453 194,407 234,627
Professional fees 303,460 178,687 406,845 324,467
Rent 16,515 24,999 28,751 49,793
Research and Development 18,360,674 6,246,275 32,769,286 9,520,349
Travel 80,631 113,610 147,995 185,897
Foreign exchange (gain)/loss 148,689 (417,244) 41,047 (932,397)
Total expenses 21,154,005 7,641,832 37,155,456 12,121,397
Finance Income (cost):        
Interest 71,187 54,691 94,218 82,983
Gain (Loss) on change in fair value of warrants 6,609,952 2,210,537 (3,866,673) 5,853,111
Warrant liability issue cost (508,811) (1,827,835) (508,811)
Finance Income (cost) 6,681,139 1,756,417 (5,600,290) 5,427,283
Net and Comprehensive Loss For The Year $ 14,472,866 $ 5,885,415 $ 42,755,746 $ 6,694,114
Basic and Diluted Loss Per Share $ 0.46 $ 0.43 $ 1.57 $ 0.50
Weighted Average Number of Common Shares, Basic and Diluted 31,150,237 13,798,229 27,190,063 13,250,357