XML 48 R34.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Common Shares and Warrants (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2018
Equity [Abstract] |
Schedule of option and warrant exercises |
Type of Issuance |  | Number of Shares |  |  | Total Value |
Warrant Exercise(1) |  |  | 6,364,145 |  |  | $ | 1,773,522 |
Option Exercise |  |  | 545,875 |  |  | $ | 93,703 |
Per Agreements(2) |  |  | 633,056 |  |  | $ | 769,056 |
Debt Settlement(3) |  |  | 14,634 |  |  | $ | 12,000 |
|  |  | 7,557,710 |  |  | $ | 2,648,281 |
___________
| (1) Includes 111,291 broker warrants exercised for gross proceeds of $39,522
| (2) The Company awarded the restricted common shares as required by intellectual property performance thresholds within an existing management consulting contracts for patent application filings (Note 9, 15)
| (3) Issued to settle outstanding debts (Note 15)
Schedule of settlement of outstanding amount pursuant to agreement through issuance of common shares |
Date |  | Amount(2) |  |  | Shares |  |  | Price |
October 31, 2016(1) |  | $ | 16,000 |  |  |  | 114,286 |  |  | $ | 0.14 |
February 27, 2017 |  | $ | 16,000 |  |  |  | 29,091 |  |  | $ | 0.55 |
May 31, 2017 |  | $ | 12,000 |  |  |  | 35,294 |  |  | $ | 0.34 |
August 25, 2017 |  | $ | 12,000 |  |  |  | 32,433 |  |  | $ | 0.37 |
____________
| (1) | A Total of $8,000 of the $16,000 was recognized as consulting fees during the year ended August 31, 2016.
| (2) | There was a $NIL difference between the fair value of the shares issued and the carrying value of the debt.
Schedule for warrant |
|  | Number of Warrants |  |  | Weighted Average Exercise Price $ |
Balance, August 31, 2016 |  |  | 12,136,241 |  |  |  | 0.18 |
Cancelled/Expired |  |  | (1,004,150 | ) |  |  | 0.22 |
Exercised |  |  | (10,322,025 | ) |  |  | 0.23 |
Issued |  |  | 8,034,440 |  |  |  | 0.36 |
Balance, August 31, 2017 |  |  | 8,844,506 |  |  |  | 0.29 |
Cancelled/Expired |  |  | (230,000 | ) |  |  | 0.17 |
Exercised |  |  | (6,364,145 | ) |  |  | 0.28 |
Issued |  |  | 1,035,913 |  |  |  | 1.48 |
Balance, August 31, 2018 |  |  | 3,286,274 |  |  |  | 0.72 |
Schedule of warrants granted as broker warrants, compensation units, and compensatory warrants using the Black-Scholes option pricing model |
|  | August 31 2018 |  |  | August 31 2017 |
Expected volatility |  | 100% - 154% |  |  | 102% - 138% |
Risk-free interest rate |  | 1.21% - 2.60% |  |  | 0.65% - 1.27% |
Expected life |  | 1.21 - 3 years |  |  | 0.46 - 2 years |
Dividend yield |  |  | 0.00% |  |  |  | 0.00% |
Estimated fair value per option |  | $0.40 - $1.48 |  |  | $0.09 - $0.20 |
Schedule of warrants outstanding |
# of Warrants |  |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise Price $ |
| 500,000 |  |  | 0.36 years |  |  | 0.44 |
| 624,065 |  |  | 0.59 years |  |  | 0.60 |
| 212,209 |  |  | 0.59 years |  |  | 0.42 |
| 200,000 |  |  | 0.80 years |  |  | 0.29 |
| 750,000 |  |  | 3.11 years |  |  | 0.14 |
| 250,000 |  |  | 1.25 years |  |  | 0.83 |
| 500,000 |  |  | 1.38 years |  |  | 1.83 |
| 250,000 |  |  | 2.73 years |  |  | 2.73 |
| 3,286,274 |  |  | 1.48 years |  |  | 0.72 |

X
- Definition Represents the tabular disclosure of settlement of outstanding pursuant to agreement through issuance of common shares. + References No definition available. + Details
Name: | lxrp_ScheduleOfSettlementOfOutstandingAmountPursuantToAgreementThroughIssuanceOfCommonSharesTableTextBlock
Namespace Prefix: | lxrp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the tabular disclosure of share issuance relating to option and warrant exercises. + References No definition available. + Details
Name: | lxrp_ScheduleOfShareIssuanceIsPresentedRelatingToOptionAndWarrantExercisesTableTextBlock
Namespace Prefix: | lxrp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Capital Stock, Warrants [Table Text Block] + References No definition available. + Details
Name: | lxrp_ScheduleOfStockholdersEquityNoteWarrantsOrRightsActivityTextBlock
Namespace Prefix: | lxrp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Stockholders' Equity Note, Warrants or Rights, Valuation Assumptions [Table Text Block] + References No definition available. + Details
Name: | lxrp_ScheduleOfStockholdersEquityNoteWarrantsOrRightsValuationAssumptionsTextBlock
Namespace Prefix: | lxrp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration