Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation (Tables)

v3.7.0.1
Basis of Presentation (Tables)
3 Months Ended
Apr. 30, 2017
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Net loss per share was determined as follows:
 
 
 
Three months ended April 30,
 
 
 
2017
 
2016
 
Numerator
 
 
 
 
 
 
 
Net loss
 
$
(3,188,052)
 
$
(2,540,095)
 
Denominator
 
 
 
 
 
 
 
Weighted average common stock outstanding
 
 
9,240,272
 
 
6,072,482
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
 
$
(0.35)
 
$
(0.42)
 
 
 
 
 
 
 
 
 
Anti-dilutive securities not included in diluted loss per share :
 
 
 
 
 
 
 
Warrants outstanding
 
 
1,627,010
 
 
1,645,198
 
Options outstanding
 
 
3,487,399
 
 
2,147,399
 
Convertible debt
 
 
-
 
 
60,000
 
 
 
 
5,114,409
 
 
3,852,597