XML 31 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
REVENUE $ 1,417,725 $ 398,200
Cost of Revenue 725,271 338,335
Gross Profit 692,454 59,865
EXPENSES    
General and administrative expenses [Note 5, 7, 9 and 11] 10,259,903 7,342,739
Research and development expenses 1,363,235 1,309,191
TOTAL OPERATING EXPENSES 11,623,138 8,651,930
Other income [Note 3] (16,939)
Accretion expense [Note 5] 92,416
Change in fair value of derivative liabilities [Note 6] 60,781
NET LOSS BEFORE INCOME TAXES (11,066,942) (8,592,065)
Income taxes [Note 8]
NET LOSS BEFORE DIVIDENDS (11,066,942) (8,592,065)
Less: Preferred Stock Dividends [Note 7] 257,928
NET LOSS ATTRIBUTED TO COMMON STOCKHOLDERS (11,324,869) (8,592,065)
Translation adjustment (102,344) (111,834)
COMPREHENSIVE LOSS $ (11,427,213) $ (8,703,899)
LOSS PER SHARE, BASIC AND DILUTED $ (0.315) $ (0.257)
WEIGHTED AVERAGE NUMBER OF COMMON AND EXCHANGEABLE SHARES OUTSTANDING 35,956,180 33,376,068