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

CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - CAD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Expenses      
Research and development $ 12,944,510 $ 10,817,997 $ 10,027,994
Operating 12,514,496 9,558,641 7,244,791
Loss before the following (25,459,006) (20,376,638) (17,272,785)
Change in fair value of warrant derivative 3,491,928 (12,608,808) 0
Foreign exchange (loss) gain (659,173) (316,719) 610,106
Interest income, net 121,194 179,277 173,496
Loss before income taxes (22,505,057) (33,122,888) (16,489,183)
Income tax expense 0 0 (548,042)
Net loss (22,505,057) (33,122,888) (17,037,225)
Other comprehensive (loss) income items that may be reclassified to net loss      
Translation adjustment (63,876) (143,403) 233,774
Net comprehensive loss $ (22,568,933) $ (33,266,291) $ (16,803,451)
Basic and diluted loss per common share (cad per share) $ (0.56) $ (1.50) $ (1.06)
Weighted average number of shares (basic) (shares) 40,338,789 22,137,990 16,016,366
Weighted average number of shares (diluted) (shares) 40,338,789 22,137,990 16,016,366