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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS COMPREHENSIVE (LOSS) INCOME AND DEFICIT (Unaudited) (CAD)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Licensed domestic product net sales 2,242,333 2,267,509 6,378,621 6,104,160
Other domestic product sales 790,362 576,174 2,618,710 1,707,336
International product sales 347,551 369,816 1,037,103 1,193,219
Royalty and licensing revenues 99,884    197,924   
Total revenues (Note 14) 3,480,130 3,213,499 10,232,358 9,004,715
Cost of Sales        
Licensor sales and distribution fees 1,501,243 1,526,690 4,262,968 4,226,247
Cost of products sold 409,358 327,582 1,232,701 922,983
Total Cost of Sales 1,910,601 1,854,272 5,495,669 5,149,230
Gross profit 1,569,529 1,359,227 4,736,689 3,855,485
Expenses        
Selling, general and administrative (Notes 12 and 15) 2,224,457 21,231,379 7,681,179 6,240,007
Amortization of assets (non-manufacturing property, plant and equipment) 313,635 155,807 977,693 380,270
Total operating expenses 2,538,092 2,287,186 8,658,872 6,620,277
(Loss) from operations (968,563) (927,959) (3,922,183) (2,764,792)
Non-operating income (expenses)        
Change in warrant liability (Note 7c) (660,325) 66,183 (1,510,800) 203,396
Cost of extending the warrant expiration         135,157
Change in fair value of contingent consideration          79,724
Research and development    (6,590)    (14,916)
Accretion expense (20,895) (45,826) (68,123) (100,193)
Loss on disposal of intangible asset (Note 5) (161,200)    (1,261,200)   
Loss on extinguishment of loan (Note 6) (620,835)    (620,835)   
Interest income 268 12,150 2,235 12,150
Interest expense (152,026) (103,551) (320,029) (158,175)
Loss and comprehensive loss before tax (2,583,576) (1,005,593) (6,600,935) (2,877,963)
Current income tax recovery    71,153   71,153
Deferred income tax recovery (Note 13)    215,800 314,900 730,440
Net loss and comprehensive loss for the period (2,583,576) (718,640) (6,286,035) (2,076,410)
Deficit, beginning of period (11,426,015) (5,732,360) (7,723,556) (4,374,590)
Deficit, end of period (14,009,591) (6,451,000) (14,009,591) (6,451,000)
Loss per share (Note 8) - Basic and diluted (0.05) (0.02) (0.13) (0.05)