XML 14 R3.htm IDEA: XBRL DOCUMENT v3.5.0.2
Emerald Medical Applications Corp. - Statements of Operations
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Statements of Operations        
Revenue $ 0 $ 0 $ 0 $ 0
Expenses:        
Research and developement expenses (155,338) (252,498) (450,688) (499,898)
Stock-based compensation (371,715) (5,343,088) (2,766,823) (5,343,088)
General and administrative expenses (206,222) (983,329) (579,850) (1,157,720)
Total operating expenses (733,275) (6,578,915) (3,797,361) (7,000,706)
(Loss) from operations (733,275) (6,578,915) (3,797,361) (7,000,706)
Other income (expense):        
Change in fair value of derivative 0 20,165 0 20,532
Amortization of debt discount (160,050) 0 (211,715) 0
Other income (expenses) 186,615 0 215,202 0
Gain/loss from foreign currency 31,339 (6,934) 30,299 (16,955)
Loss on settlement of debt $ 0 $ (678,027) $ 0 $ (678,027)
Other income (expense) 57,904 (664,796) 33,786 (674,450)
Total income (expense) (675,371) (7,243,711) (3,763,575) (7,675,156)
Provision for income taxes 0 0 0 0
Net (loss) $ (675,371) $ (7,243,711) $ (3,763,575) $ (7,675,156)
Basic and diluted net loss per share | $ / shares $ (0.03) $ (0.54) $ (0.20) $ (0.81)
Weighted average shares outstanding        
Basic and diluted | shares 19,795,343 13,413,006 18,659,674 9,451,649