• Filing Date: 2018-05-15
  • Form Type: 10-Q
  • Description: Quarterly report
v3.8.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement    
Consulting revenue   $ 8,753
Total revenues   8,753
Operating expenses    
General and administrative expense $ (798) 241,276
Research and development   30,085
Loss before other items 798 (262,608)
Other items    
Accretion expense   1,046,271
Change in fair value of derivative liability (247,960) 3,181
Financing costs   362,720
Interest expense 338,222 243,343
Stock-based compensation (11,720) 99,710
Net income (loss) (597,104) (1,812,051)
Foreign exchange translation 1,766 (328)
Comprehensive income (loss) $ (595,338) $ (1,812,379)
Net income (loss) per common share - basic and diluted $ (0.01) $ (0.02)
Weighted common shares outstanding - basic and diluted 88,195,005 88,195,005