General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Feb. 28, 2019
Feb. 28, 2018
Aug. 31, 2018
Aug. 31, 2017
OPERATING EXPENSES            
General and administrative $ 57,922 $ 30,924 $ 263,423 $ 167,488 $ 508,278 $ 110,865
Professional fees 209,946 119,999 377,239 227,344 585,069 121,924
Research and development 489,981 647,467 674,020 680,543 1,249,854  
Depreciation 70 74 140 146 290  
Total Operating Expenses 757,919 798,464 1,314,822 1,075,521 2,343,491 232,789
Loss from Operations (757,919) (798,464) (1,314,822) (1,075,521) (2,343,491) (232,789)
OTHER OPERATING EXPENSE            
Change in fair value of derivative liabilities 333,130   333,130      
Interest expense           (2,100)
Total other expense 333,130   333,130     (2,100)
Provision for income taxes         0 0
NET LOSS (424,789) (798,464) (981,692) (1,075,521) (2,343,491) (234,889)
OTHER COMPREHENSIVE LOSS            
Foreign currency translation adjustments (3,606) (1,254) 1,282 (2,279) (12,937) 657
Total Other Comprehensive Income Loss (3,606) (1,254) 1,282 (2,279) (12,937) 657
TOTAL COMPREHENSIVE LOSS $ (428,395) $ (799,718) $ (980,410) $ (1,077,800) $ (2,356,428) $ (234,232)
Basic Loss per Common Share (in dollars per share) $ (0.03) $ (0.07) $ (0.07) $ (0.10)    
Diluted Loss per Common Share (in dollars per share) $ (0.05) $ (0.07) $ (0.09) $ (0.10)    
Basic and Diluted Loss per Common Share (in dollars per share)         $ (0.23) $ (0.03)
Basic and Diluted Weighted Average Common Shares Outstanding (in shares) 15,342,620 11,677,909 14,684,419 11,555,105 10,220,218 8,732,406