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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Operating expenses        
General and administrative $ 1,116,014 $ 1,089,641 $ 2,242,198 $ 3,982,746
Research and development 2,492,933 1,090,527 4,535,423 2,729,856
Total operating expenses (3,608,947) (2,180,168) (6,777,621) (6,712,602)
Other income (expenses)        
Grant income 16,684 26,879 51,970 65,934
Research and development incentive income 2,022,902 2,022,902 571,093
Interest income, net 18,147 2,064 21,802 4,206
Gain on settlement of accounts payable 151,402 151,402
Financing related charges and adjustments (72) (1,167)
Foreign exchange gain (loss) 11,722 (30,906) 25,804 (46,561)
Total other income, net 2,069,455 149,367 2,122,478 744,907
Net loss before provision for income taxes (1,539,492) (2,030,801) (4,655,143) (5,967,695)
Income tax expense - current (9,595) (40,603) (17,615)
Net loss and comprehensive loss $ (1,549,087) $ (2,030,801) $ (4,695,746) $ (5,985,310)
Loss per share        
Basic (in dollars per share) $ (0.04) $ (0.06) $ (0.12) $ (0.17)
Diluted (in dollars per share) $ (0.04) $ (0.06) $ (0.12) $ (0.17)
Weighted average number of shares outstanding        
Basic (in shares) 41,159,707 35,214,793 39,761,612 34,589,957
Diluted (in shares) 41,159,707 35,214,793 39,761,612 34,589,957