Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 4,225,521 $ 4,570,951
Accounts receivable 41,246 1,287
Short-term investments 6,078,031 1,994,401
Inventory 224,267 68,114
Prepaid and other assets 86,919 123,694
Total current assets 10,655,984 6,758,447
Noncurrent assets:    
Equity investment in joint venture 46,456 66,695
Property, plant and equipment, net 1,062,195 879,523
Deposits 15,340 15,340
Total noncurrent assets 1,123,991 961,558
Total Assets 11,779,975 7,720,005
Current liabilities:    
Accounts payable and accrued liabilities 493,385 320,947
Total Current Liabilities 493,385 320,947
Commitments (Note 7)
Shareholders' equity:    
Common shares, unlimited common shares authorized, no par value, 5,330,715 and 1,502,870 issued and outstanding at September 30, 2018 and 2017, respectively 56,652,957 48,351,701
Accumulated share-based compensation 5,064,625 4,439,400
Accumulated deficit (50,430,992) (45,392,043)
Total Shareholders' Equity 11,286,590 7,399,058
Total Liabilities and Shareholders' Equity $ 11,779,975 $ 7,720,005