XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating expenses        
General and administrative $ 452,053us-gaap_OtherGeneralAndAdministrativeExpense $ 304,428us-gaap_OtherGeneralAndAdministrativeExpense $ 2,236,580us-gaap_OtherGeneralAndAdministrativeExpense $ 1,873,520us-gaap_OtherGeneralAndAdministrativeExpense
Research and development 318,625us-gaap_ResearchAndDevelopmentExpense 5,180us-gaap_ResearchAndDevelopmentExpense 732,395us-gaap_ResearchAndDevelopmentExpense 263,847us-gaap_ResearchAndDevelopmentExpense
Total operating expenses (770,678)us-gaap_OperatingIncomeLoss (309,608)us-gaap_OperatingIncomeLoss (2,968,975)us-gaap_OperatingIncomeLoss (2,137,367)us-gaap_OperatingIncomeLoss
Other income (expenses)        
Interest and finance income (expenses), net (77,009)us-gaap_InterestExpense (3,287)us-gaap_InterestExpense (7,089)us-gaap_InterestExpense (51,341)us-gaap_InterestExpense
Gain (loss) on settlement of accounts payable     199,655avxl_GainLossOnSettlementOfAccountsPayable (976,880)avxl_GainLossOnSettlementOfAccountsPayable
Financing related charges and adjustments 37,651us-gaap_OtherNonoperatingGainsLosses 683,000us-gaap_OtherNonoperatingGainsLosses (8,624,986)us-gaap_OtherNonoperatingGainsLosses (480,328)us-gaap_OtherNonoperatingGainsLosses
Foreign exchange gain (loss) 23,318us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (11,468)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 33,042us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (54,130)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Total other income (expenses), net (16,040)us-gaap_NonoperatingIncomeExpense 668,245us-gaap_NonoperatingIncomeExpense (8,399,378)us-gaap_NonoperatingIncomeExpense (1,562,679)us-gaap_NonoperatingIncomeExpense
Net loss and comprehensive loss for the period $ (786,718)us-gaap_NetIncomeLoss $ 358,637us-gaap_NetIncomeLoss $ (11,368,353)us-gaap_NetIncomeLoss $ (3,700,046)us-gaap_NetIncomeLoss
Loss per share        
Basic $ (0.02)us-gaap_EarningsPerShareBasic $ 0.01us-gaap_EarningsPerShareBasic $ (0.29)us-gaap_EarningsPerShareBasic $ (0.12)us-gaap_EarningsPerShareBasic
Diluted $ (0.02)us-gaap_EarningsPerShareDiluted $ (0.01)us-gaap_EarningsPerShareDiluted $ (0.30)us-gaap_EarningsPerShareDiluted $ (0.12)us-gaap_EarningsPerShareDiluted
Weighted average number of shares outstanding        
Basic 51,630,390us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 37,484,793us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 39,727,731us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 31,908,441us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 51,630,390us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 43,933,759us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 39,727,731us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 31,908,441us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding