XML 48 R12.htm IDEA: XBRL DOCUMENT v3.22.4
Property and equipment
 9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2022
Disclosure of detailed information about property, plant and equipment [abstract]    
Property and equipment [Text Block]

6. Property and equipment

The following is summary of changes in property and equipment for KWESST:

Cost   Computer
equipment		     Computer
software		     Office
furniture
and
equipment		     R&D
equipment		     Leasehold
improvements		     Total
property and
equipment		  
Balance at December 31, 2018 $ -   $ 8,145   $ 31,873   $ 41,379   $ 8,607   $ 90,004  
Additions   14,073     -     908     5,209     -     20,190  
Disposals   -     -     -     -     -     -  
Balance at December 31 2019 $ 14,073   $ 8,145   $ 32,781   $ 46,588   $ 8,607   $ 110,194  
Additions   18,734     -     49,060     7,046     59,090     133,930  
Disposals   -     -     -     -     (8,607 )   (8,607 )
Balance at September 30, 2020 $ 32,807   $ 8,145   $ 81,841   $ 53,634   $ 59,090   $ 235,517  
                                     
Accumulated depreciation   Computer
equipment		     Computer
software		     Office
furniture
and
equipment		     R&D
equipment		     Leasehold
improvements		     Total
property and
equipment		  
Balance at December 31, 2018 $ -   $ 3,396   $ 9,587   $ 5,257   $ 2,497   $ 20,737  
Amortization for 12 months   241     2,715     6,556     8,102     1,721     19,335  
Balance at December 31, 2019 $ 241   $ 6,111   $ 16,143   $ 13,359   $ 4,218   $ 40,072  
Amortization for 9 months   5,821     1,526     6,149     7,478     8,434     29,408  
Disposals   -     -     -     -     (8,607 )   (8,607 )
Balance at September 30, 2020 $ 6,062   $ 7,637   $ 22,292   $ 20,837   $ 4,045    $         60,873  
                                     
Carrying value at December 31, 2019 $ 13,832   $ 2,034   $ 16,638   $ 33,229   $ 4,389   $ 70,122  
Carrying value at September 30, 2020 $ 26,745   $ 508   $ 59,549   $ 32,797   $ 55,045   $ 174,644  

7. Property and equipment

 The following is summary of changes in our property and equipment:

                Office     LRIP                          
    Computer     Computer     furniture and     R&D     Leasehold     Sales demo        
Cost   equipment     software     equipment     equipment(1)     equipment     improvements     equipment     Total  
Balance, September 30, 2020 $ 32,807   $ 8,145   $ 81,841   $ -   $ 53,634   $ 59,090   $ -   $ 235,517  
Additions   30,778     -     11,211     -     165,030     58,147     548,626     813,792  
Disposals   (3,828 )   (8,145 )   (2,936 )   -     (724 )   -     -     (15,633 )
Balance at September 30, 2021 $ 59,757   $ -   $ 90,116   $ -   $ 217,940     117,237   $ 548,626   $ 1,033,676  
Additions   50,849     5,129     10,817     77,559     21,864     19,800     1,460     187,478  
Disposals   (3,800 )   -     -     -     -     -     -     (3,800 )
Balance at September 30, 2022 $ 106,806   $ 5,129   $ 100,933   $ 77,559   $ 239,804   $ 137,037   $ 550,086     1,217,354  

 

                Office                                
    Computer     Computer     furniture and     Moulding     R&D     Leasehold     Sales demo        
Accumulated depreciation   equipment     software     equipment     equipment     equipment     improvements     equipment     Total  
Balance, September 30, 2020 $ 6,062   $ 7,637   $ 22,292   $ -   $ 20,837   $ 4,045     -   $ $60,873  
Depreciation for the year   13,966     508     18,759     -     17,462     12,489     16,444     79,628  
Disposals   (1,630 )   (8,145 )   (687 )   -     (12 )   -     -     (10,474 )
Balance at September 30, 2021 $ 18,398   $ -   $ 40,364   $ -   $ 38,287   $ 16,534     16,444   $ 130,027  
Depreciation for the year   26,762     1,254     19,067     7,002     46,219     27,915     129,262     257,481  
Disposals   (2,635 )   -     -     -     -     -     -     (2,635 )
Balance at September 30, 2022 $ 42,525   $ 1,254   $ 59,431   $ 7,002   $ 84,506   $ 44,449   $ 145,706   $ 384,873  
Carrying value at September 30, 2021 $ 41,359   $ -   $ 49,752   $ 49,752   $ 179,653   $ 100,703   $ 532,182   $ 903,649  
Carrying value at September 30, 2022 $ 64,281   $ 3,875   $ 41,502   $ 70,557   $ 155,298   $ 92,588   $ 404,380   $ 832,481  

 

(1) Low-rate initial production equipment ("LRIP") includes moulds for developing PARA OPSTM device samples.