XML 61 R40.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Cost		Land			Plant and equipment				Leasehold Improvements				Motor Vehicles				Computers				Furniture and fixtures				Capital work-in- progress				Total
Balance, December 31, 2021		$	—		$	590,011			$	1,089,694			$	47,623			$	10,124			$	4,695			$	464,253			$	2,206,400
Acquisitions (note 4)			872,336			11,817,462				—				89,513				32,703				124,360				—				12,936,374
Additions			—			108,933				66,110				10,489				13,348				3,435				108,631				310,946
Impact of loss of control of Bophelo Bio Science & Wellness (Pty) Ltd.			—			(663,404	)			(1,088,572	)			(54,767	)			(14,851	)			(5,436	)			(437,117	)			(2,264,147	)
Foreign exchange movements			12,901			282,219				(67,232	)			(603	)			1,115				2,181				(135,767	)			94,814
Balance, December 31, 2022			885,237			12,135,221				—				92,255				42,439				129,235				—				13,284,387
Additions			—			—				1,490				—				408				37				—				1,935
Foreign exchange movements			15,382			255,388				40				3,270				3,443				3,168				—				280,691
Balance, June 30, 2023		$	900,619		$	12,390,609			$	1,530			$	95,525			$	46,290			$	132,440			$	—			$	13,567,013

Accumulated depreciation		Land			Plant and equipment				Leasehold Improvements				Motor Vehicles				Computers				Furniture and fixtures				Capital work-in- progress			Total
Balance, December 31, 2021		$	—		$	174,854			$	108,623			$	23,505			$	1,206			$	464			$	—		$	308,652
Depreciation			—			972,872				—				27,883				22,942				13,490				—			1,037,187
Depreciation – Bophelo			—			32,549				49,538				6,577				20,832				463				—			109,959
Impact of loss of control of Bophelo Bio Science & Wellness (Pty) Ltd.			—			(195,441	)			(149,161	)			(28,357	)			(2,877	)			(876	)			—			(376,712	)
Foreign exchange movements			—			68,415				(9,000	)			911				(15,759	)			1,230				—			45,797
Balance, December 31, 2022			—			1,053,249				—				30,519				26,344				14,771				—			1,124,883
Depreciation			—			771,232				149				19,594				8,629				10,656				—			810,260
Foreign exchange movements			—			68,383				4				2,339				3,097				1,211				—			75,034
Balance, June 30, 2023		$	—		$	1,892,864			$	153			$	52,452			$	38,070			$	26,638			$	—		$	2,010,177

Net book value		Land			Plant and equipment			Leasehold Improvements			Motor Vehicles			Computers			Furniture and fixtures			Capital work-in- progress			Total
Balance, December 31, 2022		$	885,237		$	11,081,972		$	—		$	61,736		$	16,095		$	114,464		$	—		$	12,159,504
Balance, June 30, 2023		$	900,619		$	10,497,745		$	1,377		$	43,073		$	8,220		$	105,802		$	—		$	11,556,836

Cost		Land			Plant and equipment				Leasehold Improvements				Motor Vehicles				Computers				Furniture and fixtures				Capital work-in- progress				Total
Balance, December 31, 2020		$	—		$	586,360			$	293,437			$	36,998			$	—			$	—			$	883,145			$	1,799,940
Additions			—			53,808				493,136				14,214				10,427				4,887				—				576,472
Reclassifications			—			—				360,695				—				—				—				(360,695	)			—
Foreign exchange movements			—			(50,157	)			(57,574	)			(3,589	)			(303	)			(192	)			(58,197	)			(170,012	)
Balance, December 31, 2021		$	—		$	590,011			$	1,089,694			$	47,623			$	10,124			$	4,695			$	464,253			$	2,206,400
Acquisitions (note 4)			872,336			11,817,462				—				89,513				32,703				124,360				—				12,936,374
Additions			—			108,933				66,110				10,489				13,348				3,435				108,631				310,946
Impact of loss of control of Bophelo Bio Science & Wellness (Pty) Ltd.			—			(663,404	)			(1,088,572	)			(54,767	)			(14,851	)			(5,436	)			(437,117	)			(2,264,147	)
Foreign exchange movements			12,901			282,219				(67,232	)			(603	)			1,115				2,181				(135,767	)			94,814
Balance, December 31, 2022		$	885,237		$	12,135,221			$	—			$	92,255			$	42,439			$	129,235			$	—			$	13,284,387

Accumulated depreciation		Land			Plant and equipment				Leasehold Improvements				Motor Vehicles				Computers				Furniture and fixtures				Capital work-in- progress			Total
Balance, December 31, 2020		$	—		$	123,710			$	36,324			$	13,874			$	—			$	—			$	—		$	173,908
Depreciation			—			63,785				78,352				11,208				1,245				483				—			155,073
Foreign exchange movements			—			(12,641	)			(6,053	)			(1,577	)			(39	)			(19	)			—			(20,329	)
Balance, December 31, 2021		$	—		$	174,854			$	108,623			$	23,505			$	1,206			$	464			$	—		$	308,652
Depreciation			—			972,872				—				27,883				22,942				13,490				—			1,037,187
Depreciation – Bophelo			—			32,549				49,538				6,577				20,832				463				—			109,959
Impact of loss of control of Bophelo Bio Science & Wellness (Pty) Ltd.			—			(195,441	)			(149,161	)			(28,357	)			(2,877	)			(876	)			—			(376,712	)
Foreign exchange movements			—			68,415				(9,000	)			911				(15,759	)			1,230				—			45,797
Balance, December 31, 2022		$	—		$	1,053,249			$	—			$	30,519			$	26,344			$	14,771			$	—		$	1,124,883

Net book value		Land			Plant and equipment			Leasehold Improvements			Motor Vehicles			Computers			Furniture and fixtures			Capital work-in- progress			Total
Balance, December 31, 2021		$	—		$	415,157		$	981,071		$	24,118		$	8,918		$	4,231		$	464,253		$	1,897,748
Balance, December 31, 2022		$	885,237		$	11,081,972		$	—		$	61,736		$	16,095		$	114,464		$	—		$	12,159,504

Cost		Plant and equipment				Leasehold Improvements				Motor Vehicles				Computers				Furniture and fixtures				Capital work-in- progress				Total
Balance, December 31, 2019		$	449,044			$	304,770			$	38,427			$	—			$	—			$	616,377			$	1,408,618
Additions			172,369				—				—				—				—				266,768				439,137
Write-offs			(23,748	)			—				—				—				—				—				(23,748	)
Foreign exchange movements			(11,305	)			(11,333	)			(1,429	)			—				—				—				(24,067	)
Balance, December 31, 2020		$	586,360			$	293,437			$	36,998			$	—			$	—			$	883,145			$	1,799,940
Additions			53,808				493,136				14,214				10,427				4,887				—				576,472
Reclassifications			—				360,695				—				—				—				(360,695	)			—
Foreign exchange movements			(50,157	)			(57,574	)			(3,589	)			(303	)			(192	)			(58,197	)			(170,012	)
Balance, December 31, 2021		$	590,011			$	1,089,694			$	47,623			$	10,124			$	4,695			$	464,253			$	2,206,400

Accumulated depreciation		Plant and equipment				Leasehold Improvements				Motor Vehicles				Computers				Furniture and fixtures				Capital work-in- progress			Total
Balance, December 31, 2019		$	67,113			$	22,489			$	4,803			$	—			$	—			$	—		$	94,405
Depreciation			60,212				14,950				9,425				—				—				—			84,587
Foreign exchange movements			(3,615	)			(1,115	)			(354	)			—				—				—			(5,084	)
Balance, December 31, 2020		$	123,710			$	36,324			$	13,874			$	—			$	—			$	—		$	173,908
Depreciation			63,785				78,352				11,208				1,245				483				—			155,073
Foreign exchange movements			(12,641	)			(6,053	)			(1,577	)			(39	)			(19	)			—			(20,329	)
Balance, December 31, 2021		$	174,854			$	108,623			$	23,505			$	1,206			$	464			$	—		$	308,652

Net book value		Plant and equipment			Leasehold Improvements			Motor Vehicles			Computers			Furniture and fixtures			Capital work-in- progress			Total
Balance, December 31, 2020		$	462,650		$	257,113		$	23,124		$	—		$	—		$	883,145		$	1,626,032
Balance, December 31, 2021		$	415,157		$	981,071		$	24,118		$	8,918		$	4,231		$	464,253		$	1,897,748