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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Operating activities              
Net income for the period including non-controlling interest $ 1,828,570 $ 1,677,536 $ 1,445,210 $ 1,637,055 $ 3,506,106 $ 3,082,265  
Adjustments to reconcile net income to cash provided by operations:              
Stock based compensation         109,465 78,730  
Depreciation and amortization         472,278 479,850  
Lease right of use amortization         25,583 151,551  
Lease right of use financing         4,678 14,589  
Gain on investment (177,552)   (190,268)   (214,316) (399,236)  
Gain on acquisition of ENP Peru (335,051)     (335,051)  
PPP loan forgiveness     (537,960)  
Changes in non-cash working capital items:              
(Increase) Decrease in accounts receivable         466,252 1,739,376  
(Increase) Decrease in inventories         (5,683,515) (1,348,809)  
(Increase) Decrease in prepaid expenses         (119,892) 61,345  
Increase (Decrease) in accounts payable and accrued liabilities         1,416,460 (185,089)  
Increase (Decrease) in taxes payable         1,255,248 991,877  
Increase (Decrease) deferred revenue         (110,760) (63,295)  
Cash provided by operating activities         792,536 4,065,194  
Investing activities              
Additional investment in Lygos         (500,000)  
Acquisition of ENP Peru         (499,329)  
Proceeds of equity method investment         108,750 119,999  
Net purchase of property, equipment and leaseholds         (422,067) (451,728)  
Cash (used in) investing activities         (812,646) (831,729)  
Financing activities              
Repayment of short term line of credit         (1,151,165) (626,919)  
Repayment of long term debt         (1,945,865) (530,311)  
Proceeds from loans         2,194,000
Lease financing costs         (30,261) (166,140)  
Distributions to non-controlling interest         (382,856) (309,666)  
Proceeds of issuance of common stock         74,020 76,360  
Cash (used in) financing activities         (1,242,127) (1,556,676)  
Effect of exchange rate changes on cash         40,636 119,945  
Inflow (outflow) of cash         (1,221,601) 1,796,734  
Cash, cash equivalents and restricted cash, beginning   $ 6,735,574   $ 4,472,776 6,735,574 4,472,776 4,472,776
Cash, cash equivalents and restricted cash, ending 5,513,973   6,269,510   5,513,973 6,269,510 6,735,574
Cash, cash equivalents and restricted cash are comprised of:              
Cash and cash equivalents 4,488,626   5,269,510   4,488,626 5,269,510 $ 5,710,227
Term deposits $ 1,025,347   $ 1,000,000   1,025,347 1,000,000  
Supplemental disclosure of cash flow information:              
Income taxes paid          
Interest paid         $ 109,457 $ 113,329