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 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Statement [Line Items]        
Revenue $ 0 $ 0 $ 0 $ 0
Expenses:        
Amortization 7,300 5,371 20,766 22,485
Consulting fees 317,771 134,009 1,038,268 505,197
Stock based compensation 412,956 428,528 1,404,364 1,151,933
Insurance 122,588 120,434 357,200 136,391
Management salaries and fees 394,978 622,910 1,793,444 2,062,909
Marketing and investor relations 72,922 55,395 281,598 226,393
Office and general 336,609 110,106 531,016 344,733
Professional fees 190,800 142,299 597,645 466,766
Rent 17,595 23,602 46,346 73,395
Research and Development 16,570,480 9,143,987 49,339,766 18,664,336
Travel 95,358 64,430 243,353 250,327
Foreign exchange (gain)/loss (68,045) 286,152 (26,998) (646,245)
Total expenses 18,471,312 11,137,223 55,626,768 23,258,620
Finance Income (cost):        
Interest 19,314 93,894 113,532 176,877
Gain (Loss) on change in fair value of warrants 16,887,802 4,075,833 13,021,129 9,928,944
Warrant liability issue cost (566,960) (1,827,835) (1,075,771)
Finance Income (cost) 16,907,116 3,602,767 11,306,826 9,030,050
Net and Comprehensive Loss For The Period $ 1,564,196 $ 7,534,456 $ 44,319,942 $ 14,228,570
Basic and Diluted Loss Per Share $ 0.05 $ 0.41 $ 1.54 $ 0.95
Weighted Average Number of Common Shares, Basic and Diluted 31,990,989 18,253,430 28,807,958 14,936,375