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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Operating expenses        
General and administrative $ 852,775 $ 451,193 $ 4,714,473 $ 903,246
Research and development 1,327,393 407,146 1,998,129 725,771
Total operating expenses (2,180,168) $ (858,339) (6,712,602) $ (1,629,017)
Other income (expenses)        
Grant income 26,879 637,027
Interest income (expense), net 2,064 $ 2,228 4,206 $ (74,781)
Gain on settlement of accounts payable 151,402 151,402
Financing related charges and adjustments (72) $ (912,357) (1,167) $ (874,706)
Foreign exchange (loss) gain (30,906) 43,609 (46,561) 66,927
Total other income (expenses), net 149,367 (866,520) 744,907 (882,560)
Net loss before provision for income taxes $ (2,030,801) $ (1,724,859) (5,967,695) $ (2,511,577)
Income tax expense 17,615
Net loss and comprehensive loss for the period $ (2,030,801) $ (1,724,859) $ (5,985,310) $ (2,511,577)
Loss per share        
Basic (in dollars per share) $ (0.06) $ (0.12) $ (0.17) $ (0.18)
Diluted (in dollars per share) $ (0.06) $ (0.12) $ (0.17) $ (0.18)
Weighted average number of shares outstanding        
Basic (in shares) 35,214,793 14,326,945 34,589,957 13,609,473
Diluted (in shares) 35,214,793 14,326,945 34,589,957 13,609,473