XML 40 R5.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows used in Operating Activities    
Net loss $ (37,908,634) $ (26,280,470)
Adjustments to reconcile net loss to net cash used in operations:    
Stock-based compensation 8,231,403 4,876,906
Changes in non-cash working capital balances related to operations:    
Incentive and tax receivables (4,287,491) (2,206,595)
Prepaid expenses and deposits 88,290 57,159
Accounts payable 750,727 465,722
Accrued liabilities 2,298,200 1,800,232
Deferred grant income 443,831 0
Net cash used in operating activities (30,383,674) (21,287,046)
Cash Flows provided by Financing Activities    
Issuance of common shares 153,218,762 28,754,198
Share issue costs (5,550,921) (403,764)
Proceeds from exercise of warrants 1,466,500 0
Proceeds from exercise of stock options 4,108,060 0
Net cash provided by financing activities 153,242,401 28,350,434
Increase in cash and cash equivalents during the period 122,858,727 7,063,388
Cash and cash equivalents, beginning of period 29,249,018 22,185,630
Cash and cash equivalents, end of period 152,107,745 29,249,018
Cash paid for state and local minimum income taxes $ 139,531 $ 22,664