| QUARTERLY FINANCIAL INFORMATION |
| |
|
|
Quarter
Ended 31 July |
|
|
|
Quarter
Ended 31 Oct |
|
|
|
Quarter
Ended 31 Jan |
|
|
|
Quarter
Ended 30 April |
|
| 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
– |
|
|
$ |
– |
|
|
$ |
– |
|
|
$ |
– |
|
| Cost of revenue |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Gross profit |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Operating expenses |
|
|
1,583,160 |
|
|
|
6,200,845 |
|
|
|
1,456,554 |
|
|
|
4,020,176 |
|
| Other income (expenses), net |
|
|
(1,664 |
) |
|
|
3,336,402 |
|
|
|
(1,496 |
) |
|
|
(213 |
) |
| Net loss |
|
$ |
(1,584,824 |
) |
|
$ |
(2,864,443 |
) |
|
$ |
(1,458,050 |
) |
|
$ |
(4,020,389 |
) |
| Net loss per common share, Basic and Diluted |
|
$ |
(0.00 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.00 |
) |
|
$ |
(0.01 |
) |
| |
|
|
Quarter
Ended 31 July |
|
|
|
Quarter
Ended 31 Oct |
|
|
|
Quarter
Ended 31 Jan |
|
|
|
Quarter
Ended 30 April |
|
| 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
– |
|
|
$ |
– |
|
|
$ |
– |
|
|
$ |
– |
|
| Cost of revenue |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Gross profit |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Operating expenses |
|
|
1,400,691 |
|
|
|
448,570 |
|
|
|
681,080 |
|
|
|
16,448,801 |
|
| Other income (expenses), net |
|
|
(3,265,676 |
) |
|
|
(5,209,500 |
) |
|
|
222,308 |
|
|
|
(22.010 |
) |
| Net loss |
|
$ |
(4,666,367 |
) |
|
$ |
(5,658,070 |
) |
|
$ |
(458,772 |
) |
|
$ |
(16,470,811 |
) |
| Net loss per common share, Basic and Diluted |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.00 |
) |
|
$ |
(0.03 |
) |
Quarterly and
year-to-date loss per share amounts are computed independently of each other. Therefore, the sum of the per share amounts for
the quarters may not agree to the per share amounts for the year.
|