Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.10.0.1
Income Taxes (Tables)
12 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
The breakdown of loss before income tax by jurisdiction is as follows:
 
 
 
Years Ended
 
 
 
September 30,
 
 
September 30,
 
 
 
2018
 
 
2017
 
 
 
 
 
 
 
 
U.S.
 
$
(4,306,650
)
 
$
(4,540,094
)
Canadian
 
 
(623,835
)
 
 
(464,990
)
Other foreign
 
 
(107,664
)
 
 
(24,764
)
 
 
 
 
 
 
 
 
 
Total Loss Before Income Tax
 
$
(5,038,149
)
 
$
(5,029,848
)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Deferred income tax assets and liabilities of the Company are as follows:
 
 
 
September 30,

2018
 
 
September 30,

2017
 
 
 
 
 
 
 
 
Deferred income tax assets:
 
 
 
 
 
 
 
 
Non-capital loss carry-forwards
 
$
10,646,900
 
 
$
12,164,100
 
Research and development tax credits
 
 
1,117,100
 
 
 
947,300
 
Deferred expenses
 
 
36,400
 
 
 
34,300
 
Property, plant and equipment
 
 
-
 
 
 
2,200
 
Share issuance costs
 
 
981,800
 
 
 
142,600
 
Deferred income tax liabilities:
 
 
 
 
 
 
 
 
U.S. federal benefit (liability) of state deferred taxes
 
 
(666,700
)
 
 
(923,700
)
Property, plant and equipment
 
 
(1,800
 
 
-
 
Valuation allowance
 
 
(12,113,700
)
 
 
(12,366,800
)
 
 
 
 
 
 
 
 
 
Net deferred income tax asset (liability)
 
$
-
 
 
$
-
 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The income tax expense shown in the consolidated statements of operations differs from the amounts obtained by applying statutory rates to the loss before provision for income taxes due to the following:
 
 
 
Years Ende
d
 
 
 
September 30,

2018
 
 
September 30,

2017
 
 
 
 
 
 
 
 
Combined Canadian federal and provincial tax rates
 
 
27.0
%
 
 
26.0
%
 
 
 
 
 
 
 
 
 
Expected income tax (recovery)/expense
 
$
(1,360,300
)
 
$
(1,307,800
)
 
 
 
 
 
 
 
 
 
Nondeductible share-based payments
 
 
41,700
 
 
 
30,000
 
Deductible share issuance costs
 
 
(287,300
)
 
 
(66,300
)
Effect of income tax rate differences in the U.S. and Mexico
 
 
(33,500
)
 
 
(624,400
)
Impact of tax rate changes
 
 
2,906,100
 
 
 
-
 
Foreign currency differences
 
 
9,500
 
 
 
(42,200
)
Other
 
 
(143,100
)
 
 
(108,200
)
Change in valuation allowance on deferred tax assets
 
 
(1,132,300
)
 
 
2,119,700
 
 
 
 
 
 
 
 
 
 
Income tax expense
 
$
800
 
 
$
800
 
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The components of income tax provision (benefits) are as follows:
 
 
 
Years Ended
 
 
 
September 30,

2018
 
 
September 30,

2017
 
 
 
 
 
 
 
 
Current tax provision
 
 
 
 
 
 
 
 
U.S. federal
 
$
-
 
 
$
-
 
Canadian
 
 
-
 
 
 
-
 
Other foreign
 
 
-
 
 
 
-
 
State
 
 
800
 
 
 
800
 
 
 
 
 
 
 
 
 
 
Deferred tax provision
 
 
 
 
 
 
 
 
U.S. federal
 
 
2,059,300
 
 
 
(1,447,100
)
Canadian
 
 
(446,700
)
 
 
(199,100
)
Other foreign
 
 
(22,600
)
 
 
(5,200
)
State
 
 
(457,700
)
 
 
(468,300
)
 
 
 
 
 
 
 
 
 
Change in valuation allowance on deferred tax assets
 
 
(1,132,300
)
 
 
2,119,700
 
 
 
 
 
 
 
 
 
 
Total
 
$
800
 
 
$
800