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Income Statement

v3.20.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited) - USD ($)
3 Months Ended 9 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2020
Aug. 31, 2019
Income Statement [Abstract]        
Net revenue $ 4,198,157 $ 307,101 $ 5,537,141 $ 423,977
Cost of goods sold (2,068,623) (247,679) (2,925,580) (328,512)
Gross profit 2,129,534 59,422 2,611,561 95,465
Operating expenses 2,695,892 765,575 5,663,127 2,597,402
LOSS FROM OPERATIONS (566,358) (706,153) (3,051,566) (2,501,937)
OTHER (EXPENSE) INCOME        
Accretion of debt discounts (367,457) (755,401) (672,517)
Interest expense (109,572) (233,095) (256,998)
Loss on extinguishment of debt (6,026,654)
Warrant inducement expense (845,415)
Change in fair value of derivative liabilities 96,339 742,106
LOSS BEFORE INCOME TAXES (566,358) (1,086,843) (10,912,131) (2,689,346)
Income tax provision
NET LOSS (566,358) (1,086,843) (10,912,131) (2,689,346)
Foreign exchange translation adjustment for the period 20,156 (52,089) 116,084 (80,208)
COMPREHENSIVE LOSS $ (546,202) $ (1,138,932) $ (10,796,047) $ (2,769,554)
Net loss per share - basic and diluted (in dollars per share) $ 0.00 $ (0.01) $ (0.09) $ (0.03)
Weighted-average number of common shares outstanding during the period (in shares) 134,936,762 104,071,705 120,150,645 103,386,825

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