Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.10.0.1
Consolidated Statements of Operations and Comprehensive Loss
12 Months Ended
Nov. 30, 2018
$ / shares
Nov. 30, 2018
CAD ($)
shares
Nov. 30, 2017
$ / shares
Nov. 30, 2017
CAD ($)
shares
Nov. 30, 2016
$ / shares
Nov. 30, 2016
CAD ($)
shares
Revenues            
Licensing (Note 3)   $ 1,370,607   $ 5,025,350   $ 2,209,502
Up-front fees (Note 3)   342,124   479,102   37,500
Revenues   1,712,731   5,504,452   2,247,002
Cost of good sold            
Cost of goods sold   124,870   704,006   0
Gross Margin   1,587,861   4,800,446   2,247,002
Expenses            
Research and development   10,827,293   9,271,353   8,166,736
Selling, general and administrative   3,476,450   3,287,914   3,546,132
Depreciation (Note 5)   610,384   506,961   385,210
Expenses   14,914,127   13,066,228   12,098,078
Loss from operations   (13,326,266)   (8,265,782)   (9,851,076)
Net foreign exchange (loss) gain   8,592   (80,093)   (22,470)
Interest income   227   15,037   207
Interest expense   (255,231)   (389,239)   (270,238)
Financing cost (Note 10)   (174,802)   (137,363)   0
Net loss and comprehensive loss   $ (13,747,480)   $ (8,857,440)   $ (10,143,577)
Loss per common share, basic and diluted | $ / shares $ (2.89)   $ (2.86)   $ (3.80)  
Weighted average number of common shares outstanding, basic and diluted | shares   4,762,274   3,101,448   2,669,958