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

Consolidated Statements of Comprehensive Loss

v3.20.4
Consolidated Statements of Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
OPERATING EXPENSES    
Consulting $ 441,021 $ 660,914
Depreciation 9,059 8,114
Foreign exchange (gain) loss (17,650) 3,600
Office and administrative 189,813 201,327
Investor relations 121,126 617,053
Professional fees 445,158 605,099
Rent 20,898 181,666
Research and development 123,915 1,111,562
Share-based compensation 571,210 401,869
Shareholder and regulatory 337,878 95,037
Travel and entertainment 13,426 189,937
Wages and salaries 1,071,867 1,042,968
Operating loss (3,327,721) (5,119,146)
OTHER INCOME    
SR&ED tax incentive income (106,195)
Net loss (3,221,526) (5,119,146)
Dividend paid to preferred shareholders 948,064 488,416
Net loss attributable to common shareholders (4,169,590) (5,607,562)
Other comprehensive income (loss)    
Foreign currency translation (45,856) 154,010
Comprehensive loss attributable to common shareholders $ (4,215,446) $ (5,453,552)
Basic and diluted net loss attributed to common share* [1] $ (0.53) $ (0.67)
Weighted average number of common shares outstanding - basic and diluted* [1] 7,907,233 8,331,330
[1] reflects the 1:4.75 reverse stock split effected on November 29, 2020.