General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Interim Statements of Operations and Comprehensive Loss

v3.10.0.1
Condensed Consolidated Interim Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Mar. 31, 2018
Mar. 31, 2017
Sales $ 547,085 $ 221,847 $ 1,048,418 $ 309,367 $ 987,431 $ 571,945
Cost of Sales 384,073 59,825 637,236 89,125 402,665 388,756
Gross Margin 163,012 162,022 411,182 220,242 584,766 183,189
Operating expenses            
Sales and marketing 427,325 435,294 969,984 880,817 1,989,837 1,188,207
Research and development 679,049 715,400 1,355,792 1,401,309 2,825,200 2,663,146
General and administrative 931,477 1,505,528 1,910,956 2,133,134 3,585,484 3,346,230
Share-based compensation expense 439,328 762,208 1,034,740 1,013,256 1,540,580 1,001,950
Amortization 69,315 76,985 140,368 169,934 323,905 550,080
Depreciation 16,626 23,820 34,221 48,372 89,026 79,868
Total operating expenses 2,563,120 3,519,235 5,446,061 5,646,822 10,354,032 8,829,481
Other (income) expenses            
Foreign exchange (27,872) 15,595 (69,006) 114,156 102,999 71,573
Accretion expense 1,970,167 74,073 2,104,418 74,073 1,937,308 0
Fair value adjustment (382,010) 0 (337,923) 0    
Interest expense         1,297,205 43,735
Share premium         1,249,994 0
(Gain) loss on mark to market revaluation 0 0 (2,048,697) 0 376,674 0
Other (income) expense 22,712 168,480 60,132 241,068 (107,656) (692,198)
Total other expenses (income) 1,582,997 258,148 (291,076) 429,297 4,856,524 (576,890)
Net loss and comprehensive loss for the period $ (3,983,105) $ (3,615,361) $ (4,743,803) $ (5,855,877) $ (14,625,790) $ (8,069,402)
Loss per share - basic and diluted $ (1.62) $ (5.33) $ (2.02) $ (8.84) $ (21.73) $ (13.19)
Loss per share - diluted $ (1.62) $ (5.33) $ (2.02) $ (8.84) $ (21.73) $ (13.19)
Weighted average number of shares outstanding – basic 2,459,169 678,631 2,351,587 662,237    
Weighted average number of shares outstanding – diluted 2,459,169 678,631 2,351,587 662,237    
Weighted average number of shares outstanding – basic and diluted (Note 16)         673,203 611,900