Delivra Announces 2015 Annual and Q4 Results - Seite 3

The following table presents a summary of the Company's Operating Expenses for the past two fiscal years:

		2015				2014
General and administrative	$	1,056,026			$	973,510
Research and development (gross)	$	1,164,160			$	460,466
Research and development (net)	$	412,834			-$	23,584
Selling and marketing	$	2,002,192			$	874,345
Share-based compensation	$	1,026,684			$	149,831
Reverse take-over listing fees	$	883,315			$	-

Net Loss