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Interim Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating activities        
Net (loss) income $ (30,482,685) $ 5,824,499 $ (64,019,217) $ 24,885,753
Adjustments for items not involving cash        
Impairment loss     2,429,530 74,899,107
Interest expense 1,260,262 1,421,363 2,510,830 2,595,235
Interest income     (48,417) 0
Loss on disposal of assets 63,314 3,519,665 317,787 3,519,665
Loss on lease termination     41,074 0
Allowance for accounts receivable and notes receivable     2,478,142 119,193
Gain on debt forgiveness 0 (3,358,686) 0 (3,358,686)
Fair value change of investments     33,096 (349,212)
Depreciation and amortization     13,138,200 15,505,304
Share issued for long-term strategic contracts     0 25,000,000
Share-based compensation expense, net of withholding tax settlement     3,282,923 13,838,164
Non-cash marketing expense     2,727,272 2,439,394
Non-cash operating lease expense     3,838,973 2,188,250
Fair value change of contingent consideration (249,973) (51,724,912) (638,595) (182,818,766)
Deferred income tax recovery     (1,971,875) (14,445,626)
Repayment of operating lease liabilities     (4,611,772) (2,638,885)
Net changes in non-cash working capital items     (3,978,891) (43,371,911)
Total operating activities     (44,470,940) (81,993,021)
Financing activities        
Receipt of payments on notes receivable     1,572,712 0
Repayment of consideration payable     (766,666) (872,021)
Repayment of finance lease liabilities     (2,228,507) (1,288,164)
Proceeds from private placement     0 51,635,000
Redemption of Class A restricted voting shares     0 (264,318,686)
Proceeds from exercise of options     0 12,972
Repayment of line of credit     0 (1,000,000)
Total financing     (1,422,461) (215,830,899)
Investing activities        
Net cash paid in the Qualifying Transaction     0 (28,143,886)
Purchases of property and equipment     (2,314,113) (1,278,834)
Advances for note receivable     0 (5,650,000)
Acquisition of investments     (150,000) (900,000)
Proceeds from sale of property and equipment, net of selling costs     6,176,473 10,818,537
Total investing activities     3,712,360 (25,154,183)
Net change in cash during the period     (42,181,041) (322,978,103)
Cash, restricted cash and restricted cash equivalents        
Beginning of period     174,892,298 582,622,025
End of period 132,711,257 259,643,922 132,711,257 259,643,922
Cash, restricted cash and restricted cash equivalents        
Cash 125,993,248 257,538,572 125,993,248 257,538,572
Restricted cash and restricted cash equivalents 6,718,009 2,105,350 6,718,009 2,105,350
End of period $ 132,711,257 $ 259,643,922 $ 132,711,257 $ 259,643,922