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UNAUDITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
Revenue        
Revenue, net $ 3,442,265 $ 5,161,413 $ 2,218
Licensing income 700,000 700,000
Total revenue 3,442,265 700,000 5,161,413 702,218
Cost of goods sold 2,011,679 2,882,300
Gross profit 1,430,586 700,000 2,279,113 702,218
Operating expenses        
Research and development 810,938 150,897 991,005 388,679
General and administrative 6,498,664 714,689 8,771,305 1,116,050
Total operating expenses 7,309,602 865,586 9,762,310 1,504,729
Operating loss (5,879,016) (165,586) (7,483,197) (802,511)
Other income (expense):        
Interest expense (2,097,220) (142,245) (2,262,936) (277,190)
Interest income 768
Changes in fair value of contingent purchase consideration (4,397,507) (9,521,747) 15,147,591 18,776,629
Change in fair value of derivative liability 142,725
Impairment of long-lived assets (99,519) (99,519)
Other income, net (51,322) (47,436)
Net Income (Loss) (12,524,584) (9,829,578) 5,397,996 17,696,928
Net (loss) attributable to non-controlling interests (272,147) (92,934) (360,403) (209,467)
Net (loss) Income available to Common Stockholders $ (12,252,437) $ (9,736,644) $ 5,758,399 $ 17,906,395
Basic $ (.25) $ (.43) $ 0.16 $ 16.76
Diluted $ (.25) $ (.43) $ 0.14 $ 6.90
Basic 49,967,615 22,430,121 36,387,206 22,430,121
Diluted 49,967,615 22,430,121 41,514,678 54,515,450
Comprehensive Income (Loss):        
Net income $ (12,252,437) $ (9,736,644) $ 5,758,399 $ 17,906,395
Change in foreign currency translation adjustments (15,730) 2,024 (3,898)
Comprehensive Income Available to Common Stockholders $ (12,252,437) $ (9,752,374) $ 5,760,423 $ 17,902,497