| Name | Value |
|---|---|
| Revenues | 35.0K |
| Cost of Revenue | 3.0K |
| Gross Profit | 32.1K |
| Operating Expense | 1,342.7K |
| Operating I/L | -1,310.6K |
| Other Income/Expense | 0.0K |
| Interest Income | 15.0K |
| Pretax | -1,310.6K |
| Income Tax Expense | -12.5K |
| Net Income/Loss | -1,298.1K |
Lexaria Bioscience Corp. is a biotechnology company specializing in drug delivery technology. Its patented DehydraTECH enhances the oral delivery of active pharmaceutical ingredients, significantly increasing bio-absorption and reducing onset time. The technology is applicable to cannabinoids, nicotine, anti-viral drugs, NSAIDs, PDE5 inhibitors, and more. With 23 patents granted and approximately 50 patents pending globally, the company operates a licensed in-house research laboratory. By licensing its technology and intellectual property, Lexaria Bioscience generates revenue from pharmaceutical and biotech companies seeking to improve the effectiveness of their drug delivery methods.