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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows used in operating activities    
Net loss $ (8,978,129) $ (8,030,256)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 60,825 63,359
Accretion of discount on convertible debentures 64,101
Accrued expenditures for government grant 23,767
Accrued interest 5,476
Accrue interest expense, convertible debentures 8,716
Accrued interest income, related party 2,550 (886)
Change in fair value of conversion feature liability (174,930)
Change in fair value of warrant liabilities 16,127 532,429
Change in fair value of bonus rights liability (9,875) 5,246
Debt issuance costs 354,791
Provision for loan losses 55,000
Impairment of intangible assets 39,166
Share-based compensation 917,153 1,899,429
Shares issued for services 2,273,949
Changes in non-cash operating working capital items:    
Prepaid expenses and other current assets (454,617) 68,761
Accounts payable and accrued liabilities 349,478 (1,312,729)
Net cash used in operating activities (5,451,927) (6,769,171)
Cash flows provided by (used in) investing activities    
Net cash provided by (used in) investing activities
Cash flows provided by financing activities    
Units issued for cash 3,732,469 5,851,148
Exercise of options 1,800 10,500
Exercise of warrants 300,000
Proceeds received from restricted government grant 373,825 201,500
Amounts paid from restricted government grant funds (357,228)
Issuance of related party note (55,000)
Proceeds from issuance of convertible debentures 4,545,000
Debt issuance costs (459,360)  
Share issuance costs (405,753) (394,736)
Net cash provided by financing activities 7,730,753 5,613,412
Effect of foreign exchange on cash (19,573)
Change in cash and cash equivalents during the period 2,278,826 (1,175,332)
Cash and cash equivalents, beginning of period 1,494,573 2,083,696
Cash and cash equivalents, end of period 3,773,399 908,364
Cash and cash equivalents consists of:    
Demand deposits 3,666,389 706,864
Restricted cash 107,010 201,500
Total cash and cash equivalents 3,773,399 908,364
Supplemental Disclosure    
Cash paid for interest 37,754 53,991
Supplemental non-cash disclosures    
Reallocation of fair value of share options upon exercise 126,382 676,632
Reclassification of derivative liability for warrants priced with USD per change in functional currency 351,969
Reclassification of derivative liability for warrants priced with CAD per change in functional currency 4,541,545
Reclassification of derivative liability for warrants re-priced from CAD to USD exercise price 3,942,575
Common shares issued for share issuance costs 928,874
Warrants issued for share issuance costs 582,245 117,310
Common shares issued for services $ 2,273,949