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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (11,570,074) $ (38,520,073)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 13,804,492 1,314,899
LO2A write offs 23,963,050
Operating lease expense 367,135
Foreign exchange gain 1,690,303
Share based payments 390,609 14,795,403
Gain on disposal of fixed assets 127,608
Interest expense 249,861 222,463
Investment income (563,771)
Trade and other receivables 562,626 (656,732)
Other current assets (4,187,204) (796,044)
Trade and other payables 6,248,314 294,586
Net cash provided by operating activities 5,865,759 1,871,692
CASH FLOWS FROM INVESTING ACTIVITIES    
Net payment for the purchase of property and equipment (6,030,740) (2,960,145)
Investment in financial assets (380,100)
Payment of fixed asset deposits (23,630,470) (18,045,720)
Net cash used in investing activities (29,661,210) (21,385,965)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from common share issuances 50,628 1,298,402
Proceeds from convertible notes 21,487,391
Payments of capital issuance costs (2,229,096)
Proceeds from borrowings 27,055,524 1,057,383
Advances made to external companies (37,076)
Repayment of lease liabilities (379,026)
Payments of borrowings (3,242,194) (291,310)
Net cash provided by financing activities 23,484,932 21,285,694
Effect of exchange rate changes on cash and cash equivalents 648,104 501,045
Net increase in cash and cash equivalents 337,585 2,272,466
Cash and cash equivalents at beginning of period 5,467,273 1,112,811
Cash and cash equivalents at end of period $ 5,804,858 $ 3,385,277