Registration statement for securities of certain foreign private issuers

Statements of Net and Comprehensive Loss

v3.20.1
Statements of Net and Comprehensive Loss - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Profit or loss [abstract]        
Revenue:     $ 0  
Expenses:        
Amortization $ 14,095 $ 6,175 32,555 $ 29,041
Consulting fees 112,125 269,429 1,136,146 785,128
Stock based compensation 228,576 251,357 1,651,119 1,505,625
Insurance 123,162 118,489 480,362 252,514
Management salaries and fees 541,595 648,586 2,547,484 2,683,187
Marketing and investor relations 8,644 106,189 289,350 231,032
Office and general 139,887 117,271 436,051 412,039
Professional fees 358,486 103,385 943,535 485,639
Rent 7,241 12,236 58,064 97,782
Research and Development 46,119 14,408,612 51,418,056 32,858,339
Travel 11,138 67,364 272,594 350,016
Interest charges 212,697 422,989  
Foreign exchange (gain)/loss (73,503) (107,642) 37,972 (979,894)
Total expenses 1,730,262 16,001,451 59,726,277 38,710,448
Finance Income (cost):        
Interest 1,743 23,031 115,584 288,300
Gain on change in fair value of warrants 1,117,476 (10,476,625) 19,800,645 17,095,220
Warrant liability issue cost (157,000) (1,827,835) (2,097,031) (1,312,344)
Finance Income (cost) 962,219 (12,281,429) 17,819,198 16,071,176
Net and Comprehensive Loss For The Year $ 768,043 $ 28,282,880 $ 41,907,079 $ 22,639,272
Basic and Diluted Loss Per Share $ (0.02) $ (1.22) $ (1.37) $ (1.36)
Basic and Diluted 44,272,288 23,185,888 30,689,545 16,635,092