XML 21 R3.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Loss and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUE      
REVENUE $ 1,957,362 $ 2,092,032 $ 1,749,133
COST OF GOODS SOLD 446,239 458,436 366,258
GROSS PROFIT 1,511,123 1,633,596 1,382,875
EXPENSES      
Selling expenses 2,196,803 1,645,985 1,353,165
General and administrative expenses 14,081,153 10,013,732 16,438,936
Product development and clinical trials expenses 20,401,595 20,020,959 16,001,464
TOTAL EXPENSES 36,679,551 31,680,676 33,793,565
OPERATING LOSS (35,168,428) (30,047,080) (32,410,690)
OTHER (EXPENSE)/ INCOME      
Interest and other income 1,394,035 184,912 183,065
Interest and prepayment penalty expense (1,035,957) (133,082)  
Impairment on right-of-use asset   (104,544)  
Gain on sale of assets     238,907
Loss on foreign exchange (256,585) (74,209) (175,054)
Unrealized gain/(loss) on warrants, derivative liability warrants and convertible notes 8,528,255 (3,235,591) (814,827)
Realized gain/(loss) on exercise or conversion of warrants, derivative liability warrants and convertible notes 814,083 (1,692,628) (28,003,594)
Amortization of deferred loss (3,494,501)   (46,894,189)
TOTAL OTHER (EXPENSE)/ INCOME 5,949,330 (5,055,142) (75,465,692)
LOSS BEFORE TAX (29,219,098) (35,102,222) (107,876,382)
Tax recovery/(expense) (524,057) 28,793 107,093
LOSS FOR THE YEAR (28,695,041) (35,131,015) (107,983,475)
OTHER COMPREHENSIVE (LOSS)/INCOME FOR THE YEAR      
Fair market value changes in convertible note due to changes in own credit risk (1,475,210) 1,512,521 (1,009,592)
TOTAL OTHER COMPREHENSIVE INCOME FOR THE YEAR (1,475,210) 1,512,521 (1,009,592)
LOSS AND OTHER COMPREHENSIVE LOSS FOR THE YEAR $ (30,170,251) $ (33,618,494) $ (108,993,067)
LOSS PER SHARE      
Basic and diluted loss per share $ (1.72) $ (5.40) $ (76.26)