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Consolidated Statements of Cash Flows - CAD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2019
OPERATING ACTIVITIES        
Net loss $ (3,536,778) $ (10,520,290) $ (9,315,372) $ (1,147,280)
Items not affecting cash:        
Share-based compensation 283,084 1,960,072 2,462,207 0
Net finance costs 61,217 506,002 107,751 230,858
Depreciation and amortization 103,397 326,491 140,990 102,142
Deferred tax recovery 0 (49,442) 0  
Loss on disposals 0 1,165 1,331  
Impairment of intangible assets 0 0 55,376  
Shares for amended license 0 0 137,000  
Shares issued for M&A advisory and consulting services 763,893 0 0 0
Fair value adjustments on derivative liabilities (29,463) 0 0 (113,178)
Non-cash listing expense 814,703 0 0 0
Changes in non-cash working capital items (245,095) 3,639,822 198,484 (141,575)
Interest paid (6,612) (120,416) (42,980) (24,523)
Cash used in operating activities (1,791,654) (4,256,596) (6,255,213) (1,093,556)
INVESTING ACTIVITIES        
Investments in intangible assets (163,230) (1,176,664) (83,228)  
Acquisition of property and equipment (133,927) (187,478) (809,964) (20,190)
Acquisition of technology asset (134,192) 0 0 0
Cash acquired on acquisition 0 162,547 0  
Recognition of open orders from acquisition 0 87,802 0  
Deposit for advanced royalties 0 0 (150,000)  
Deposit for long-term office lease (38,212) 0 0 0
Purchase of restricted short-term investment 0 0 (30,000)  
Investments in development projects (163,230)     0
Cash acquired on closing of Foremost 78,589 0 0 0
Cash flows used in investing activities (390,972) (1,113,793) (1,073,192) (20,190)
FINANCING ACTIVITIES        
Proceeds from borrowings 40,000 2,543,230 326,000 0
Payments of deferred financing fees 0 (150,409) 0  
Proceeds from the issuance of common shares and warrants 4,355,171 344,000 6,002,472 1,014,948
Payments of share offering costs (164,716) (33,880) (606,622) 0
Proceeds from related party advances 0 60,000 0 310,684
Repayments to related party loans (80,000) (60,000) (218,276) (70,513)
Proceeds from exercise of warrants 0 215,925 680,872  
Proceeds from convertible notes and converted to equity 1,081,504 0 0 0
Repayments of convertible notes 0     (31,644)
Repayments of lease obligations (58,188) (42,504) (44,128) (77,367)
Repurchase of vested RSUs and PSUs for withholding taxes 0 (23,533) 0  
Repayment of borrowings 0 0 (306,000) (10,747)
Proceeds from exercise of stock options 61,000 0 1,108,432 0
Cash flows provided by financing activities 5,234,771 2,852,829 6,942,750 1,135,361
Net change in cash during the period 3,052,145 (2,517,560) (385,655) 21,615
Cash, beginning of period 21,615 2,688,105 3,073,760 0
Cash, end of period $ 3,073,760 $ 170,545 $ 2,688,105 $ 21,615