Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Expenses        
Advertising and promotion $ 69,425 $ 8,100 $ 103,942 $ 23,950
Amortization of intangible assets (Note 5) 218,954 218,953 437,907 437,906
Consulting fees (Note 8) 830,887 76,996 1,187,971 178,799
Depreciation (Note 4) 2,356 2,357 4,712 4,713
Foreign exchange loss (gain) (20,845) (50,556) (165,574) 47,915
Office and miscellaneous 17,653 16,866 80,296 63,697
Professional fees 88,405 49,760 157,947 89,289
Research and development 377,660 429,964
Salaries and wages 171,364 171,364
Stock-based compensation (Note 11) 174,249 174,249
Transfer agent and filing fees 10,359 12,550 27,381 25,851
Travel 128,494 75,919 211,988 126,338
Total expenses 1,691,301 788,605 2,392,183 1,428,422
Loss before other income (expenses) (1,691,301) (788,605) (2,392,183) (1,428,422)
Other income (expenses)        
Gain on extinguishment of debt 97,631 97,631
Loss on change in fair value of derivative liability (Note 7) (35,719) (179,309) (180,866) (284,369)
Impairment of property and equipment (290,580) (290,580)
Interest expense (Notes 6 and 7) (3,035) (75,296) (6,025) (343,999)
Total other income (expense) (38,754) (447,554) (186,891) (821,317)
Net loss for the period (1,730,055) (1,236,159) (2,579,074) (2,249,739)
Other comprehensive income (loss)        
Foreign currency translation gain (loss) (1,894) (1,946) (116,124) 42,104
Comprehensive loss for the period $ (1,731,949) $ (1,238,105) $ (2,695,198) $ (2,207,635)
Net loss per share, basic and diluted $ (0.04) $ (0.04) $ (0.06) $ (0.08)
Weighted average number of shares outstanding 43,234,278 27,585,317 42,454,659 27,378,218