XML 23 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating expenses    
Consulting fees $ 477,747 $ 195,739
Consulting fees – related parties 767,249 24,000
Stock-based compensation - employees 7,777,900
General and administrative 2,591,331 967,623
Impairment of leasehold improvements 4,835,596
Impairment expense 0 567,133
Total operating expenses 11,614,227 6,590,091
Loss from operations (11,614,227) (6,590,091)
Other (expense) income    
Interest expense (2,040,963) (1,344,410)
Interest expense – related parties (336,139) (256,762)
Foreign exchange loss (89,125) (47,539)
Other income 2,321
Other expense, net (2,466,227) (1,646,390)
Net loss $ (14,080,454) $ (8,236,481)
Net Loss Per Share: Basic and diluted (in dollars per share) $ (1.68) $ (1.20)
Weighted Average Number of Shares Outstanding Basic and diluted (in shares) 8,404,391 6,851,843