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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Mar. 31, 2015 | Mar. 31, 2014 | Mar. 31, 2015 | Mar. 31, 2014
Operating expenses |  |  |  |
General and administrative | $ 451,193 us-gaap_OtherGeneralAndAdministrativeExpense | $ 903,015 us-gaap_OtherGeneralAndAdministrativeExpense | $ 903,246 us-gaap_OtherGeneralAndAdministrativeExpense | $ 1,207,443 us-gaap_OtherGeneralAndAdministrativeExpense
Research and development | 407,146 us-gaap_ResearchAndDevelopmentExpense | 118,152 us-gaap_ResearchAndDevelopmentExpense | 725,771 us-gaap_ResearchAndDevelopmentExpense | 123,332 us-gaap_ResearchAndDevelopmentExpense
Total operating expenses | (858,339)us-gaap_OperatingIncomeLoss | (1,021,167)us-gaap_OperatingIncomeLoss | (1,629,017)us-gaap_OperatingIncomeLoss | (1,330,775)us-gaap_OperatingIncomeLoss
Other income (expenses) |  |  |  |
Interest and finance income (expenses), net | 2,228 us-gaap_InterestExpense | (5,079)us-gaap_InterestExpense | (74,781)us-gaap_InterestExpense | (8,366)us-gaap_InterestExpense
Financing related charges and adjustments | (912,357)us-gaap_OtherNonoperatingGainsLosses | (1,011)us-gaap_OtherNonoperatingGainsLosses | (874,706)us-gaap_OtherNonoperatingGainsLosses | 681,989 us-gaap_OtherNonoperatingGainsLosses
Foreign exchange gain (loss) | 43,609 us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | 8,397 us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | 66,927 us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | (3,071)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Total other income (expenses), net | (866,520)us-gaap_NonoperatingIncomeExpense | 2,307 us-gaap_NonoperatingIncomeExpense | (882,560)us-gaap_NonoperatingIncomeExpense | 670,552 us-gaap_NonoperatingIncomeExpense
Net loss and comprehensive loss for the period | $ (1,724,859)us-gaap_NetIncomeLoss | $ (1,018,860)us-gaap_NetIncomeLoss | $ (2,511,577)us-gaap_NetIncomeLoss | $ (660,223)us-gaap_NetIncomeLoss
Loss per share |  |  |  |
Basic | $ (0.03)us-gaap_EarningsPerShareBasic | $ (0.03)us-gaap_EarningsPerShareBasic | $ (0.05)us-gaap_EarningsPerShareBasic | $ (0.02)us-gaap_EarningsPerShareBasic
Diluted | $ (0.03)us-gaap_EarningsPerShareDiluted | $ (0.03)us-gaap_EarningsPerShareDiluted | $ (0.05)us-gaap_EarningsPerShareDiluted | $ (0.04)us-gaap_EarningsPerShareDiluted
Weighted average number of shares outstanding |  |  |  |
Basic | 57,307,779 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 37,881,209 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 54,437,890 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 37,680,823 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted | 57,307,779 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 37,881,209 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 54,437,890 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 37,680,823 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

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