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Consolidated Statements of Loss and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUE      
Reducer $ 1,749,133 $ 1,128,126 $ 1,004,948
Contract manufacturing and consulting services   4,260,888 8,507,848
Total Revenue 1,749,133 5,389,014 9,512,796
COST OF GOODS SOLD 366,258 3,477,821 7,091,761
GROSS PROFIT 1,382,875 1,911,193 2,421,035
EXPENSES      
Selling expenses 1,353,165 886,226 696,638
General and administrative expenses 16,438,936 15,684,783 19,182,787
Product development and clinical trials expenses 16,060,857 17,489,092 19,364,503
Total Expenses 33,852,958 34,060,101 39,243,928
OPERATING LOSS (32,470,083) (32,148,908) (36,822,893)
OTHER (EXPENSE)/INCOME      
Interest income 183,065 355,806 177,761
Gain on sale of assets 238,907   65,095,733
Damages provision   (738,021) (111,781,096)
(Loss)/gain on foreign exchange (175,054) 2,726,728 (273,746)
Unrealized (loss)/gain on derivative liability and convertible note (814,827) 10,732,089  
Realized loss on exercise of warrants and convertible note (28,003,594)    
Amortization of deferred loss (46,894,189) (3,351,987)  
Unrealized gain on damages provision     (2,690,129)
Total Other (Expense)/Income (75,465,692) 9,724,615 (49,471,477)
LOSS BEFORE TAX (107,935,775) (22,424,293) (86,294,370)
Tax expense 107,093 484,428 200,523
LOSS FOR THE YEAR (108,042,868) (22,908,721) (86,494,893)
OTHER COMPREHENSIVE INCOME FOR THE YEAR      
Exchange difference on translation other than for damages provision   (1,950,396) 1,406,842
Fair market value changes in convertible note due to changes in own credit risk (1,009,592)   2,690,129
TOTAL OTHER COMPREHENSIVE INCOME FOR THE PERIOD (1,009,592) (1,950,396) 4,096,971
LOSS AND OTHER COMPREHENSIVE LOSS FOR THE YEAR $ (109,052,460) $ (24,859,117) $ (82,397,922)
LOSS PER SHARE      
Basic and diluted loss per share $ (7.63) $ (28.10) $ (128.21)