XML 25 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities    
Net loss for the year $ (28,569) $ (28,669)
Adjustments to reconcile net loss to net cash flows from operating activities:    
Depreciation of property and equipment (note 6) 727 672
Amortization of intangible assets (note 7) 202 704
Depreciation of right-of-use assets (note 8) 217 228
Share-based compensation (note 12) 3,417 4,238
Interest and accretion expense (note 15) 770 174
Deferred revenue 187 (27)
Change in fair value of derivative financial instrument (note 15) 232 275
Net change in amortized cost of trade and other receivables (note 4) 146 (290)
Impairment of goodwill (note 7)   2,524
Changes in non-cash working capital balances    
Trade and other receivables (956) (1,424)
Prepaid expenses and deposits (158) (157)
Inventory 353 (1,864)
Accounts payable and accrued liabilities 1,356 (566)
Deferred tax liability 58  
Provisions   (24)
Income taxes payable (299) 311
Foreign exchange on cash 20 (1,905)
Net cash flow used in operating activities (22,297) (25,800)
Financing activities    
Proceeds from long-term debt (note 9)   7,273
Long-term debt transaction costs (note 9)   (149)
Payment of long-term debt (note 9) (912) (44)
Proceeds from share options exercised 245 263
Proceeds from warrants exercised 2,423  
Payment of lease liabilities (note 10) (292) (312)
Total cash from financing activities 1,464 7,031
Net change in cash during the year (20,833) (18,769)
Foreign exchange on cash 529 (1,866)
Cash - Beginning of year 46,517 67,152
Cash - End of year 26,213 46,517
Supplemental cash flow information:    
Interest paid, included in financing activities 669 43
Income taxes paid, included in operating activities $ 160 $ 55