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 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Revenue $ 1,995,000 $ 1,995,000
Cost of goods sold 1,856,108 1,856,108
Gross Profit 138,892 138,892
Expenses        
Advertising and promotion 82,851 45,235 186,793 69,185
Amortization of intangible assets (Note 6) 218,952 218,953 656,859 656,859
Consulting fees (Note 9) 1,221,726 403,184 2,409,697 581,983
Depreciation (Note 5) 2,357 2,356 7,069 7,069
Foreign exchange loss 403,619 1,955 238,045 49,870
Office and miscellaneous 126,607 25,585 206,903 89,282
Professional fees 234,157 175,616 392,104 264,905
Research and development 581,742 1,011,706
Salaries and wages 181,885 353,249
Stock-based compensation 4,570,133 4,744,382
Transfer agent and filing fees 907 5,284 28,288 31,135
Travel 374,389 89,000 586,377 215,338
Total expenses 7,417,583 1,548,910 9,809,766 2,977,332
Loss before other income (expenses) (7,417,583) (1,410,018) (9,809,766) (2,838,440)
Other income (expenses)        
Loss on extinguishment of debt (114,389) (16,758)
Gain (loss) on change in fair value of derivative liability (Note 7) (118,236) 96,634 (299,102) (187,735)
Impairment of property and equipment 7,641 (282,939)
Interest expense (Notes 7 and 8) (3,000) (2,500) (9,025) (346,499)
Total other income (expense) (121,236) (12,614) (308,127) (833,931)
Net loss for the period (7,538,819) (1,422,632) (10,117,893) (3,672,371)
Other comprehensive income (loss)        
Foreign currency translation gain (loss) 382,127 (75,374) 266,003 (33,270)
Comprehensive loss for the period $ (7,156,692) $ (1,498,006) $ (9,851,890) $ (3,705,641)
Net loss per share, basic and diluted $ (0.17) $ (0.04) $ (0.24) $ (0.12)
Weighted average number of shares outstanding 43,549,042 38,525,341 42,917,350 30,875,288