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Biotricity, Inc. - Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Income Statement            
Revenue
Expenses:            
General and administrative expenses [1] 1,253,669 335,086 4,803,918 3,883,076 2,882,425 3,986,550
Research and development expenses 292,572 241,534 1,138,252 1,089,472 1,017,793 1,143,453
Total Operating Expenses 1,546,241 576,620 5,942,170 4,972,548 3,900,218 5,130,003
Accretion expense [2] 276,375 73,572 1,177,674 974,871 133,447 59,875
Change in fair value of derivative liabilities [3] (25,006) 618,959 689,447 1,333,412 614,933 (4,026)
Net loss before income taxes (1,797,610) (1,269,151) (7,809,291) (7,280,831) (4,648,598) (5,185,852)
Income taxes [4]
Net loss (1,797,610) (1,269,151) (7,809,291) (7,280,831) (4,648,598) (5,185,852)
Translation adjustment (148,807) (61,518) (333,863) (246,575) (107,725) (35,313)
Comprehensive loss $ (1,946,417) $ (1,330,669) $ (8,143,154) $ (7,527,406) $ (4,756,323) $ (5,221,165)
Loss per share, basic and diluted $ (0.07) $ (0.05) $ (0.31) $ (0.29) $ (0.19) $ (0.24)
Weighted average number of common shares outstanding 26,440,190 24,999,978 25,866,328 25,813,228 24,999,978 21,852,834
[1] See Notes 7 and 9
[2] Including day one derivative loss; See Note 5
[3] See Note 6
[4] See Note 8