XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
OPERATING AND ADMINISTRATIVE EXPENSES        
Research and development $ 257,279 $ 539,770 $ 990,222 $ 657,737
General and administrative 506,892 552,246 2,288,972 1,356,990
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 764,171 1,092,016 3,279,194 2,014,727
LOSS FROM OPERATIONS (764,171) (1,092,016) (3,279,194) (2,014,727)
OTHER (EXPENSE) INCOME        
Interest income 336 17 568 494
Interest expense (114,464) (58,827) (437,591) (152,757)
Change in fair value of derivative liability 104,718 83,670 141,907
TOTAL OTHER INCOME (EXPENSES) (114,128) 45,908 (353,353) (10,356)
LOSS BEFORE TAX (878,299) (1,046,108) (3,632,547) (2,025,083)
INCOME TAX EXPENSE
NET LOSS (878,299) (1,046,108) (3,632,547) (2,025,083)
Other Comprehensive Loss - net of tax        
Net unrealized loss on marketable securities (974) (974)
Foreign exchange translation income (loss) (791) 736 182 (599)
TOTAL COMPREHENSIVE LOSS $ (880,064) $ (1,045,372) $ (3,633,339) $ (2,025,682)
Net loss per common share - Basic and Diluted $ (0.05) $ (0.10) $ (0.26) $ (0.20)
Weighted average common shares - Basic and Diluted 16,521,882 10,275,758 13,939,400 10,274,005