Significant Accounting Policies and Significant Judgements (Tables)
|
12 Months Ended |
Oct. 31, 2020 |
Schedule of Amortization |
Schedule of Amortization |
|
|
Amortization is calculated applying the following useful lives: |
|
|
|
Furniture and fixtures |
7-10 |
years on a straight-line
basis |
Computer and office
equipment |
3-5 |
years on a straight-line
basis |
Production equipment
and other |
5-10 |
years on a straight-line
basis |
Leasehold improvements |
15-40 |
months on a straight-line
basis |
|
Schedule of financial assets and financial liabilities |
Schedule of financial assets and financial liabilities | |
|
|
Asset/Liability | |
Classification |
|
Accounts
receivable | |
Amortized cost |
|
Cash | |
Amortized cost |
|
Marketable
securities | |
FVTPL |
|
Accounts
payable and accrued liabilities | |
Amortized cost |
|
Long-term
debt | |
Amortized cost |
|
Interest
payable | |
Amortized cost |
|
Convertible
debentures | |
Amortized cost |
|
Derivative
liabilities | |
FVTPL |
|
|
Schedule of lease obligations |
Schedule of lease obligations | |
| | |
Operating
lease commitments at October 31, 2019 | |
$ | 322,100 | |
Discounted
using incremental borrowing rate | |
| (45,669 | ) |
Lease
liabilities for purchased assets | |
| 142,205 | |
Lease
obligations - November 1, 2019 | |
$ | 418,636 | |
|
Schedule of consolidated financial statements |
Schedule of consolidated financial statements | |
| | | |
| | | |
| | |
| |
October 31,
2019 | | |
Adoption
of
IFRS 16 | | |
Restated
Balance, November 1,
2020 | |
Rights-of-use
assets | |
| - | | |
| 276,431 | | |
| 276,431 | |
Property
& equipment | |
| 232,059 | | |
| - | | |
| 232,059 | |
Current
portion of lease liability | |
| 129,876 | | |
| 225,862 | | |
| 355,738 | |
Lease
liability | |
| 12,329 | | |
| 50,569 | | |
| 62,898 | |
|