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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CAD ($) | Dec. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Current assets |  |
Cash and cash equivalents (note 5) | $ 41,262,044 | $ 31,219,574
Other receivables (note 13) | 866,055 | 89,661
Prepaid expenses | 2,775,800 | 2,427,200
Total current assets | 44,903,899 | 33,736,435
Property and equipment (note 6) | 392,041 | 236,664
Right-of-use assets (note 7) | 584,251 | 372,468
Total assets | 45,880,191 | 34,345,567
Current Liabilities |  |
Accounts payable and accrued liabilities | 1,987,870 | 1,805,015
Other liabilities (note 13) | 352,279 | 123,985
Lease liabilities (note 7) | 293,672 | 248,885
Warrant derivative (note 8) | 56,017 | 531,228
Total current liabilities | 2,689,838 | 2,709,113
Contract liability (note 12) | 6,730,287 | 6,730,287
Lease liabilities (note 7) | 361,081 | 153,174
Total liabilities | 9,781,206 | 9,592,574
Commitments and contingencies (note 13, 14, 19) |  |
Shareholders’ equity |  |
Share capital (note 9) Authorized: unlimited Issued: December 31, 2021 – 55,043,789 December 31, 2020 – 46,166,980 | 391,348,183 | 356,824,172
Warrants (note 9) | 3,617,570 | 3,617,570
Contributed surplus (note 10) | 34,161,103 | 31,022,356
Accumulated other comprehensive income | 387,738 | 400,225
Accumulated deficit | (393,415,609) | (367,111,330)
Total shareholders’ equity | 36,098,985 | 24,752,993
Total liabilities and shareholders' equity | $ 45,880,191 | $ 34,345,567

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