Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.10.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Revenues:    
Revenue from Contract with Customer $ 0 $ 50,000
Total Revenues 211,849 228,287
Expenses:    
Cost of sales and contract services 133,316 250,042
Costs of aquaculture 312,004 284,411
Research and development 2,087,402 1,973,400
General and administrative 2,757,377 2,944,980
Total Expenses 5,290,099 5,452,833
Loss from Operations (5,078,250) (5,224,546)
Other Income (Loss)    
Foreign exchange gain (loss) (35,059) 162,028
Investment income 75,160 32,670
Other Income (Loss), Total 40,101 194,698
Loss Before Income Tax (5,038,149) (5,029,848)
Income tax expense 800 800
Net Loss $ (5,038,949) $ (5,030,648)
Loss per common share:    
Basic and diluted $ (1.76) $ (3.44)
Weighted average number of common shares outstanding:    
Basic and diluted 2,869,374 1,462,459
Product [Member]    
Revenues:    
Revenue from Contract with Customer $ 211,849 $ 178,287