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Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Operating Activities      
Net income (loss) from continuing operations $ (1,652,855) $ (118,097) $ 175,449
Items not involving cash:      
Amortization 108,115 119,930 439,580
Share-based expense 165,510 129,490 163,051
Unrealized foreign exchange (3,476) 893 (30,390)
Gain on repurchase of RSUs (6,030) (40,785) (45,806)
Gain on revaluation of derivative warrant liability 0 (3,665) (263,446)
Write-off of inventory 588,505 214,225 260,040
Cash flows from (used in) operations before changes in working capital (800,231) 301,991 698,478
Changes in non-cash working capital      
Accounts receivable 26,902 317,078 (574,106)
Prepaid expenses 71,537 (33,036) 79,922
Inventory (255,249) 556,043 1,133,347
Accounts payable and accrued liabilities 1,087,096 (90,164) (131,234)
Income tax payable 58,000 (20,602) 30,626
Changes in non-cash working capital 988,286 729,319 538,555
Cash Provided by Operating Activities from Continuing Operations 188,055 1,031,310 1,237,033
Cash Used in Operating Activities from Discontinued Operations (581,933) (1,306,561) (922,625)
Cash Provided by (Used in) Operating Activities (393,878) (275,251) 314,408
Investing Activities      
Acquisition of property, plant and equipment (11,280) 0 0
Proceeds from sale of equipment 7,004 0 0
Cash Used in Investing Activities from Continuing Operations (4,276) 0 0
Cash Used in Investing Activities from Discontinued Operations (746,761) (846,832) (875,495)
Cash Used in Investing Activities (751,037) (846,832) (875,495)
Financing Activities      
Repurchase of RSUs (32,625) (25,288) (35,269)
Cash Used in Financing Activities from Continuing Operations (32,625) (25,288) (35,269)
Cash Used in Financing Activities from Discontinued Operations (106,099) (130,081) (100,310)
Cash Provided by (Used in) Financing Activities (138,724) (155,369) (135,579)
Foreign Exchange Effect on Cash 2,948 (1,156) 31,648
Outflow of Cash (1,280,691) (1,278,608) (665,018)
Cash, Beginning of Year 1,433,838 2,712,446 3,377,464
Cash, End of Year $ 153,147 $ 1,433,838 $ 2,712,446