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v3.22.1

Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended
--- | ---
Mar. 31, 2022 | Mar. 31, 2021
Cash flows used in operating activities |  |
Net loss | $ (21,320,178) | $ (16,010,287)
Adjustments to reconcile net loss to net cash used in operations: |  |
Stock-based compensation | 8,348,230 | 2,785,470
Changes in working capital balances: |  |
Incentive and tax receivables | 2,667,844 | (2,478,750)
Prepaid expenses and other current assets | (109,056) | 57,030
Accounts payable | (2,107,893) | (331,002)
Accrued liabilities | (619,386) | 302,205
Deferred grant income |  | 487,111
Net cash used in operating activities | (13,140,439) | (15,188,223)
Cash flows provided by financing activities |  |
Issuance of common shares | 14,399,768 | 61,934,439
Share issue costs | (521,441) | (1,134,697)
Proceeds from exercise of stock options | 496,923 | 998,802
Net cash provided by financing activities | 14,375,250 | 61,798,544
Increase in cash and cash equivalents during the period | 1,234,811 | 46,610,321
Cash and cash equivalents, beginning of period | 152,107,745 | 29,249,018
Cash and cash equivalents, end of period | 153,342,556 | 75,859,339
Supplemental Cash Flow Information |  |
Cash paid for state and local minimum income taxes | $ 141,374 | $ 59,281

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