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Consolidated Statements of Cash Flows - CAD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Net loss $ (16,202,972) $ (8,015,813) $ (11,095,057)
Adjustments for:      
Amortization 135,966 43,518 8,386
Depreciation 175,098 109,108 41,250
Change in fair value of derivative liability (8,149,812) 748,634
Impairment of notes receivable 891,471
Impairment of goodwill 4,579,763
Finance and other costs (926) 23,117 171,905
Gain on settlement of debt 38,879 (198,976)
Gain on forgiveness of debt (127,711)
Gain on disposal of assets (28,651)
Income from government assistance (24,148) (21,090)
Expense of non-financial asset 15,389
Listing expense 7,804,859
Shares Issued as acquisition cost 100,000
Share-based payments 3,952,595 2,568,464 761,559
 Adjustment for profit loss (14,642,965) (4,532,894) (2,519,336)
Net changes in non-cash working capital items:      
Receivables (596,336) (1,481,944) (126,799)
Inventory (2,157,203) (555,371) 12,622
Prepaids (3,401,868) 31,605 (249,325)
Trade payables and accrued liabilities (1,044,133) 1,261,066 (1,005,121)
Customer deposits (213,315) 139,490
Deferred income 51,186 5,062
Funds used in operating activities (22,004,634) (5,132,986) (3,887,959)
INVESTING ACTIVITIES      
Cash paid for acquisition, net of cash received (466,643) (457,407) 28,538
Purchase of equipment (212,579) (23,888) (87,785)
Disposal of equipment 31,500
Purchase of investments (623,706)
Issuance of notes receivable (2,002,678)
Proceeds from sales of investments 997,714
Funds provided by (used in) investing activities (3,305,606) 516,419 (27,747)
FINANCING ACTIVITIES      
Proceeds from issuance of common shares for financing 44,255,651 2,018,845 6,534,583
Share issue costs (3,814,762)
Proceeds from issuance of common shares for warrants exercised 4,929,790 2,361,937
Proceeds from issuance of common shares for stock options exercised 1,014,123
Proceeds from issuance of loans 60,000 129,310
Loans repayments (4,319) (5,062)
Proceeds from issuance of notes payable 123,000 1,137,978
Repayment of convertible debentures (486,131)
Repayment of notes payable (183,000) (882,770)
Repayment of loans (44,428) (192,084)
Repayment of lease liability (128,996) (83,442) (38,000)
Funds provided by financing activities 46,267,059 4,169,504 6,265,660
Effects of exchange rate changes on cash 136,478 104 (22,366)
Change in cash 20,956,819 (447,063) 2,349,954
Cash, beginning of year 1,982,416 2,429,375 101,787
Cash, end of year 23,075,713 1,982,416 2,429,375
Cash and cash equivalents consist of the following:      
Cash held in banks 22,729,212 1,839,871 2,429,375
Guaranteed investment certificate 346,501 142,545
 Cash and cash equivalents $ 23,075,713 $ 1,982,416 $ 2,429,375