v3.21.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Income Statement [Abstract]
Net revenue $ 8,893
$ 149
Cost of goods sold 4,153
178
Gross profit (loss) 4,740
(29)
Operating expenses 5,151
1,594
LOSS FROM OPERATIONS (411)
(1,623)
OTHER EXPENSE (INCOME)
Foreign currency transaction loss 22
4
Accretion of debt discounts
(498)
Interest expense 27
(159)
Other income - forgiveness of Paycheck Protection Program loan (190)
Other financing costs 2
LOSS BEFORE INCOME TAXES (272)
(2,284)
Income tax provision
NET LOSS (272)
(2,284)
Foreign exchange translation gain (loss) for the period 58
(37)
COMPREHENSIVE LOSS $ (214)
$ (2,321)
Net loss per share - basic and diluted (in dollars per share) $ 0.00
$ (0.02)
Weighted-average number of common shares outstanding during the period (in shares) 148,867,206
104,659,194
X
- Definition The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method.
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Published: April 12, 2021
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