Anavex life sciences corp. (AVXL)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Operating expenses
General and administrative

1,720

1,352

1,635

1,388

2,061

1,761

1,481

1,620

1,489

1,397

1,361

1,405

1,116

1,126

2,741

1,134

1,089

3,368

3,220

713

451

452

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounting and audit fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

67

20

24

23

70

31

39

38

48

26

Amortization and depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

Bank charges and interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1

0

2

2

2

1

2

1

Consulting fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

375

230

242

307

462

625

1,017

652

483

Insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

0

0

12

10

16

16

4

0

Investor relations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

70

15

7

15

-

38

-

-

-

Investor relations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

54

29

Legal fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

45

21

48

28

23

59

37

19

54

Management fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

733

903

304

1,660

86

126

0

0

2

2

3

5

4

13

6

83

Registration and filing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

6

3

9

8

4

9

36

9

7

Rent and administration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

7

2

10

41

0

Research and development

6,053

6,348

4,710

5,758

6,078

5,712

4,407

2,997

3,245

2,694

3,836

2,300

2,492

2,042

3,841

1,158

1,090

1,163

746

799

407

318

344

265

118

5

97

39

0

127

112

393

429

1,717

591

777

730

497

613

Total operating expenses

7,773

7,700

6,346

7,147

8,140

7,473

5,888

4,618

4,734

4,092

5,197

3,705

3,608

3,168

6,582

2,293

2,180

4,532

3,966

1,512

858

770

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Salaries and wages

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Travel

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

8

4

31

23

70

59

20

31

0

Website design and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

1

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-998

-1,021

-309

-1,468

-125

-127

-415

-639

-697

-795

-2,188

-1,226

-1,637

-1,947

-1,369

-1,302

Other income (expenses)
Grant income

74

74

74

74

74

74

-

74

-

-

19

69

16

35

-543

47

26

610

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development incentive income

717

943

-

-

760

413

-

1,629

-

-

-

0

2,022

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Grant income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income, net

70

46

42

34

51

78

83

112

28

30

39

26

18

3

4

2

2

2

-

1

-

-

-

-8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on settlement of accounts payable

-

-

-

36

-

-

-

-

-

-

-

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

77

-

-

5

3

9

14

16

10

7

37

50

42

74

3

3

7

95

Gain on settlement of accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

151

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing related charges

-

-

-

-

-

-

-

30

-

-

-

0

-

-

4

0

0

1

1,406

2,716

912

-37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of debt discounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

15

44

38

40

29

0

0

17

Change in fair value of derivative financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

12

55

-10

110

0

0

-594

Debt conversion expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

504

0

Gain (loss) on settlement of accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-976

0

0

0

0

0

0

0

-334

0

0

0

0

Financing related charges and adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-1

683

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-0

-3,829

0

0

-198

0

0

0

0

Foreign exchange gain (loss), net

-325

53

-37

-54

54

-4

-26

-16

-18

11

-7

-65

11

14

-10

8

-30

-15

15

-11

43

23

43

-7

8

-11

-53

-11

37

-27

-27

37

-32

39

14

-18

-20

-5

44

Total other income, net

536

1,117

1,298

92

941

562

332

1,768

10

42

51

105

2,069

53

77

59

149

595

-1,389

-2,727

-866

-16

-9,059

-10

2

668

-

-25

21

-

-

-

-

-

-

-

-

-

-

Net loss before provision for income taxes

-7,236

-6,582

-5,047

-7,054

-7,198

-6,911

-5,556

-2,849

-4,724

-4,049

-5,145

-3,600

-1,539

-3,115

-6,505

-2,234

-2,030

-3,936

-5,356

-4,240

-1,724

-786

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense, current

0

9

6

19

48

8

35

0

27

9

9

9

9

31

6

6

0

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss and comprehensive loss

-7,236

-6,591

-5,054

-7,074

-7,246

-6,919

-5,592

-2,849

-4,752

-4,059

-5,154

-3,610

-1,549

-3,146

-6,511

-2,240

-2,030

-3,954

-5,356

-4,240

-1,724

-786

-8,299

-1,009

-1,018

358

-2,988

-151

-106

-453

-674

-4,542

-910

-2,174

-1,869

-1,578

-1,972

-1,886

-1,965

Net Loss per share
Basic and diluted (in dollars per share)

-0.12

-0.12

-0.10

-0.14

-0.15

-0.15

-0.13

-0.06

-0.11

-0.09

-0.17

-0.04

-0.04

-0.08

-

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.06

-0.12

-

-0.22

-0.12

-0.06

-0.97

-0.03

-0.03

0.01

-0.12

-0.01

0.00

0.01

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.06

-0.12

-

-0.22

-0.12

-0.06

-0.95

-0.03

-0.03

-0.01

-0.10

-0.01

0.00

-0.01

-0.02

-0.16

-0.03

-0.08

-0.07

-0.06

-0.08

-0.08

-0.09

Weighted average number of shares outstanding
Basic and diluted (in shares)

58,353

54,773

52,541

49,622

47,134

46,327

44,982

45,212

44,545

43,882

42,301

41,509

41,159

38,393

-

35,709

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,214

33,971

-

19,095

14,326

12,907

-75,407

39,260

37,881

37,484

36,911

30,240

30,240

30,240

-

-

-

-

-

-

-

-

-

Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,214

33,971

-

19,095

14,326

12,907

-81,856

39,260

37,881

43,933

36,911

30,240

30,240

30,240

30,237

28,355

27,342

26,738

25,948

25,294

25,166

24,267

21,163