Income Statement

v3.8.0.1
Consolidated Statements of Operations and Comprehensive Loss
12 Months Ended
Nov. 30, 2017
$ / shares
Nov. 30, 2017
CAD
shares
Nov. 30, 2016
$ / shares
Nov. 30, 2016
CAD
shares
Nov. 30, 2015
$ / shares
Nov. 30, 2015
CAD
shares
Revenues            
Licensing (Note 3)   CAD 5,025,350   CAD 2,209,502   CAD 4,093,781
Up-front fees (Note 3)   479,102   37,500   0
Revenues   5,504,452   2,247,002   4,093,781
Cost of good sold            
Cost of goods sold   704,006   0   0
Gross Margin   4,800,446   2,247,002   4,093,781
Expenses            
Research and development   9,271,353   8,166,736   7,247,473
Selling, general and administrative   3,287,914   3,546,132   3,581,913
Depreciation (Note 5)   506,961   385,210   377,849
Expenses   13,066,228   12,098,078   11,207,235
Loss from operations   (8,265,782)   (9,851,076)   (7,113,454)
Net foreign exchange (loss) gain   (80,093)   (22,470)   46,211
Interest income   15,037   207   1,507
Interest expense   (389,239)   (270,238)   (256,629)
Financing cost (Note 10)   (137,363)   0   0
Extinguishment loss (Note 7)   0   0   (114,023)
Net loss and comprehensive loss   CAD (8,857,440)   CAD (10,143,577)   CAD (7,436,388)
Loss per common share, basic and diluted | $ / shares $ (0.29)   $ (0.38)   $ (0.31)  
Weighted average number of common shares outstanding, basic and diluted | shares   31,014,482   26,699,579   23,767,677

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