Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Balance Sheets

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Condensed Interim Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Sep. 30, 2016
Current assets:    
Cash and cash equivalents $ 3,647,363 $ 7,416,904
Accounts receivable 11,879 85,813
Short-term investments 3,997,647 3,988,794
Inventory 140,947 249,430
Prepaid expenses 321,513 358,714
Total current assets 8,119,349 12,099,655
Noncurrent assets:    
Equity investment in joint venture 66,695 66,695
Property, plant and equipment, net 820,888 756,114
Deposits 15,340 15,340
Total noncurrent assets 902,923 838,149
Total Assets 9,022,272 12,937,804
Current liabilities:    
Accounts payable and accrued liabilities 425,342 623,644
Total Current Liabilities 425,342 623,644
Commitments (Note 7)
Shareholders' equity:    
Common shares, unlimited common shares authorized, no par value, 10,520,096 and 10,136,258 issued and outstanding at June 30, 2017 and September 30, 2016 48,351,701 47,280,792
Accumulated share-based compensation 4,416,334 5,394,763
Accumulated deficit (44,171,105) (40,361,395)
Total Shareholders' Equity 8,596,930 12,314,160
Total Liabilities and Shareholders' Equity $ 9,022,272 $ 12,937,804