Income Statement

v3.6.0.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
3 Months Ended 9 Months Ended
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Expenses        
Advertising and promotion $ 10,000 $ 10,000
Amortization of intangible assets 218,953 218,953 656,859 656,860
Consulting fees (Note 9) 578,923 227,881 1,002,225 954,050
Depreciation 2,356 2,356
Engineering fees 4,848 233,702
Foreign exchange gain (135,536) (110,290) (288,594) (289,062)
Office and miscellaneous 64,133 25,958 133,372 63,111
Professional fees 61,225 62,716 201,691 148,206
Transfer agent and filing fees (2,575) 6,501 15,854 27,167
Travel 56,537 36,504 110,139 75,312
Total expenses 848,864 478,223 2,067,604 1,645,644
Loss before other expenses (848,864) (478,223) (2,067,604) (1,645,644)
Other income (expense)        
Gain (loss) on change in fair value of derivative liabilities (Note 8) (137,217) (160,411) 196,091 (1,218,229)
Gain on extinguishment of debt 171,501
Impairment of goodwill (Note 4) (126,782)
Interest expense (Notes 6) (314,466) (297,866) (924,459) (931,021)
Total other income (expense) (451,683) (458,277) (728,368) (2,104,531)
Net loss for the period (1,300,547) (936,500) (2,795,972) (3,750,175)
Other comprehensive income (loss)        
Foreign currency translation gain 35,388 35,993 54,993 12,253
Comprehensive loss for the period $ (1,265,159) $ (900,507) $ (2,850,965) $ (3,737,922)
Net loss per share, basic and diluted | $ / shares $ (0.05) $ (0.05) $ (0.12) $ (0.2)
Weighted average number of shares outstanding | shares 24,113,779 20,364,070 23,820,178 18,722,436

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