Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Operations and Comprehensive Loss

v3.21.2
Unaudited Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Unaudited Consolidated Statements of Operations and Comprehensive Loss        
Sales $ 9,000 $ 0 $ 16,000 $ 8,304,000
Cost of sales (1,703,000) (1,840,000) (5,211,000) (11,462,000)
Gross profit (loss) (1,694,000) (1,840,000) (5,195,000) (3,158,000)
Operating costs (2,189,000) (2,157,000) (6,778,000) (6,446,000)
Profit (loss) from operations (3,883,000) (3,997,000) (11,973,000) (9,604,000)
Net interest expense (182,000) (195,000) (558,000) (522,000)
Warrant liability mark to market gain (loss) (5,060,000) 550,000 (11,384,000) 592,000
Foreign exchange gain (loss) 15,000 (53,000) (352,000) (46,000)
Other income (expense) 2,000 (1,000) 908,000 16,000
Net income (loss) (9,108,000) (3,696,000) (23,754,000) (9,564,000)
Foreign currency translation adjustment 219,000 36,000 472,000 67,000
Comprehensive income (loss) $ (8,889,000) $ (3,660,000) $ (22,887,000) $ (9,497,000)
Income (loss) per common share:        
Basic $ (0.04) $ (0.02) $ (0.12) $ (0.06)
Diluted $ (0.04) $ (0.02) $ (0.12) $ (0.06)
Weighted average common shares:        
Basic weight 197,205,734 166,130,403 189,835,800 162,375,926
Diluted weight 197,205,734 166,130,403 189,835,800 162,375,926