Significant accounting policies and changes (Tables)

12 Months Ended

Dec. 31, 2021

Significant accounting policies

Property And Equipment Is Recorded At Cost

Computer hardware (including survey equipment)	30% declining balance
Aircraft equipment	10% declining balance
Furniture and other equipment	20% declining balance
Leasehold improvements	10% declining balance

Schedule Of Balance Sheet & Income Statement

Balance Sheet	December 31, 2020
	As previously  reported			Adjustments			Adjusted
Deposits	$	526,560		$	(100,730	)	$	425,830
Right of use assets		2,415,430			(423,658	)		1,991,772
Current portion of lease obligations		(773,465	)		85,474			(687,991	)
Long-term portion of lease obligations		(1,896,277	)		494,430			(1,401,847	)
Deficit		83,934,230			(55,516	)		83,878,714

Income Statement	For the year ended December 31, 2020
	As previously reported			Adjustments			Adjusted
SFD® related costs	$	1,091,587		$	19,483		$	1,111,070
Interest (income) expense		(11,535	)		(2,527	)		(14,062	)
Foreign exchange loss (gain)		(76,029	)		11,597			(64,432	)
Net loss		(5,999,675	)		(28,553	)		(6,028,228	)

Income Statement	For the year ended December 31, 2019
	As previously reported			Adjustments			Adjusted
SFD® related costs	$	2,611,086		$	41,969		$	2,653,055
Interest (income) expense		(20,684	)		(8,275	)		(28,959	)
Foreign exchange loss (gain)		233,231			(55,495	)		177,736
Net income		3,772,908			21,801			3,794,709
Deficit		77,934,555			(84,069	)		77,850,486

Consolidated Statements Of Cash Flows

Consolidated Statements of cash flows	For the year ended December 31, 2020
	As previously reported			Adjustments			Adjusted
Net loss (see Note 2 “Leases”)	$	(5,999,675	)	$	(28,553	)	$	(6,028,228	)
Non-cash lease costs		(171,300	)		159,564			(11,736	)
Change in carrying amount of right of use assets & lease liabilities		-			21,470			21,470
Unrealized foreign exchange (gain) loss		141,799			(106,656	)		35,143
Operating activities		(3,452,925	)		45,824			(3,407,101	)
Repayment of financial liability		(42,515	)		(138,693	)		(181,208	)
Financing activities		(34,923	)		(138,693	)		(173,616	)
Effect of foreign exchange rate changes on cash and cash equivalents		(116,941	)		92,868			(24,073	)
Net increase (decrease) in cash and cash equivalents		(168,099	)		-			(168,099	)

Consolidated statements of cash flows	For the year ended December 31, 2019
	As previously reported			Adjustments			Adjusted
Net income (see Note 2 “Leases”)	$	3,772,908		$	21,801		$	3,794,709
Non-cash lease costs		(171,056	)		159,320			(11,736	)
Change in carrying amount of right of use assets & lease liabilities		-			(2,095	)		(2,095	)
Unrealized foreign exchange (gain) loss		95,557			(31,331	)		64,226
Operating activities		4,052,406			147,695			4,200,101
Repayment of financial liability and finance lease obligations		(42,603	)		(117,303	)		(159,906	)
Financing activities		(1,385,787	)		(117,303	)		(1,503,090	)
Proceeds from (used in) short-term investments		42,764			33,175			75,939
Investing activities		(173,927	)		33,175			(140,752	)
Effect of foreign exchange rate changes on cash and cash equivalents		26,021			(63,567	)		(37,546	)
Net increase (decrease) in cash and cash equivalents		2,518,713			-			2,518,713