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Consolidated Statements of Cash Flows - CAD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net loss $ (5,451,112) $ (6,733,076) $ (3,123,799)
Items not affecting cash:      
Stock based compensation expense (Note 17) 241,271 215,284 287,900
Amortization 1,759,473 1,768,727 1,776,484
Accretion expense (recovery) (Note 13) 2,456 2,237 404
Non-cash lease amortization and accretion 683,190 752,149 810,881
Unrealized foreign exchange (gain) loss (25,451) 13,956 157
Loss on disposal of assets and lease modifications 0 11,921 0
Change in deposits 3,362 0 0
Change in non-cash working capital balances (Note 20) (1,294,087) 1,755,107 13,717
Lease payments (739,527) (720,309) (798,109)
Prepaid Long-term insurance (11,525) 0 0
Items not affecting cash 619,162 3,799,072 2,090,626
Net cash used in operating activities (4,831,950) (2,934,004) (1,033,173)
Financing activities      
Proceeds from the Employee Share Purchase plan (Note 17) 36,246 49,738 69,259
Proceeds for Restricted Stock Units 4,370 0 0
Proceeds from (repayment of) long-term debt (Note 11) (111,111) (64,815) 1,000,000
Net proceeds from Rights Offering (Note 15) 0 216,062 0
Net proceeds from Private Placement (Note 15) 1,622,057 216,182 0
Net proceeds from Convertible Debentures (Note 10) 3,457,555 0 0
Share issuance costs for Geothermal (Note 15) 0 0 (42,697)
Repayment of financial liability and lease obligation 0 (27,950) (151,134)
Net cash from (used in) financing activities 5,009,117 389,217 875,428
Investing activities      
Acquisition of intellectual property (Note 8) 0 0 (65,310)
Purchase of property and equipment, net (32,322) 0 0
Proceeds from (used in) short-term investments 0 550,000 (208,739)
Net cash from (used in) investing activities (32,322) 550,000 (274,049)
Effect of foreign exchange rate changes on cash and cash equivalents (6,569) 369 (497)
Net decrease in cash and cash equivalents 138,276 (1,994,418) (432,291)
Cash and cash equivalents, beginning of the year 263,437 2,257,855 2,690,146
Cash and cash equivalents, end of the year 401,713 263,437 2,257,855
Supplemental information      
Cash interest paid (received) 120,952 35,779 14,284
Cash taxes paid $ 0 $ 0 $ 0