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Consolidated Statements of Loss and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE      
Reducer $ 1,128,126 $ 1,004,948 $ 526,412
Product sales     353,736
Contract manufacturing 949,379 3,746,521 3,236,978
Consulting services 3,311,509 4,761,327 5,812,814
Total Revenue 5,389,014 9,512,796 9,929,940
COST OF GOODS SOLD 3,477,821 7,091,761 6,938,134
GROSS PROFIT 1,911,193 2,421,035 2,991,806
EXPENSES      
Selling expenses 886,226 696,638 655,669
General and administrative expenses 15,684,783 19,182,787 13,913,076
Product development and clinical trials expenses 17,489,092 19,364,503 17,181,395
Total Expenses 34,060,101 39,243,928 31,750,140
OPERATING LOSS (32,148,908) (36,822,893) (28,758,334)
OTHER INCOME/(EXPENSE)      
Interest income 355,806 177,761 577,006
Interest expense     2,538
Damages provision (738,021) (111,781,096)  
Gain on sale of assets   65,095,733  
Gain/(loss) on foreign exchange 2,726,728 (273,746) 1,620,727
Unrealized gain on derivative liability and convertible note 10,732,089    
Amortization of deferred loss (3,351,987)    
Foreign exchange loss on damages provision   (2,690,129)  
Total Other Income/(Expense) 9,724,615 (49,471,477) 2,195,195
LOSS BEFORE TAX (22,424,293) (86,294,370) (26,563,139)
Tax expense 484,428 200,523 167,351
LOSS FOR THE YEAR (22,908,721) (86,494,893) (26,730,490)
Items that will be reclassified subsequently to profit or loss      
Exchange difference on translation for other than damages provision (1,950,396) 1,406,842 (8,386,205)
Exchange difference on translation for damages provision   2,690,129  
TOTAL OTHER COMPREHENSIVE (LOSS)/GAIN FOR THE YEAR (1,950,396) 4,096,971 (8,386,205)
LOSS AND OTHER COMPREHENSIVE LOSS FOR THE YEAR $ (24,859,117) $ (82,397,922) $ (35,116,695)
LOSS PER SHARE      
Basic and diluted loss per share $ (0.28) $ (1.28) $ (0.41)