v3.19.3
Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
9 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2019
Aug. 31, 2018
SALES $ 307,101
$ 53,257
$ 423,977
$ 220,115
COST OF SALES (247,679)
(29,302)
(328,512)
(148,515)
GROSS PROFIT 59,422
23,955
95,465
71,600
EXPENSES:
Depreciation 7,848
5,379
24,869
12,138
Amortization of patent rights 1,833
1,833
5,499
1,833
Foreign currency translation (gain) loss 349
(5,898)
(15,372)
(17,498)
Selling, general and administration 755,545
385,556
2,582,406
1,091,424
TOTAL OPERATING EXPENSES 765,575
386,870
2,597,402
1,087,897
LOSS FROM OPERATIONS (706,153)
(362,915)
(2,501,937)
(1,016,297)
Accretion (367,457)
(29,991)
(672,517)
(88,102)
Change in fair value of derivative liabilities 96,339
307,201
742,106
245,852
Other expense- Interest (109,572)
(32,946)
(256,998)
(100,125)
LOSS BEFORE INCOME TAXES (1,086,843)
(118,651)
(2,689,346)
(958,672)
Income taxes 0
0
0
0
NET LOSS (1,086,843)
(118,651)
(2,689,346)
(958,672)
Foreign exchange translation adjustment for the period (52,089)
(4,922)
(80,208)
(7,175)
COMPREHENSIVE LOSS $ (1,138,932)
$ (123,573)
$ (2,769,554)
$ (965,847)
Loss per share - basic and diluted $ (0.01)
$ (0.001)
$ (0.026)
$ (0.01)
Weighted average number of common shares outstanding 104,071,705
94,357,643
103,386,825
93,559,755
X
- Definition Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations.
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Published: October 15, 2019
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