FINANCIAL RISK MANAGEMENT (Tables)

12 Months Ended

Dec. 31, 2021

FINANCIAL RISK MANAGEMENT

Schedule of financial liabilities measured at fair value

As at December 31, 2021:	Level 1		Level 2		Level 3		Total
Financial liabilities at fair value through profit and loss
2019 Convertible Notes	$	—	$	—	$	6,587,429	$	6,587,429
2020 Convertible notes, warrants and derivative warrant liabilities	$	—	$	—	$	6,129,315	$	6,129,315
2021 Derivative warrant liabilities	$	—	$	—	$	405,508	$	405,508

As at December 31, 2020:	Level 1		Level 2		Level 3		Total
Financial liabilities at fair value through profit and loss
2019 Convertible Notes	$	—	$	—	$	6,195,357	$	6,195,357
2020 Convertible notes, warrants and derivative warrant liabilities	$	—	$	—	$	9,117,147	$	9,117,147

As at December 31, 2019:	Level 1		Level 2		Level 3		Total
Financial liabilities at fair value through profit and loss
2017 Convertible Notes	$	—	$	—	$	5,400,189	$	5,400,189
2019 Convertible Notes	$	—	$	—	$	9,265,480	$	9,265,480

Schedule of carrying amounts of financial assets and financial liabilities

	Note	2021		2020		2019
Assets at amortized cost
Cash and cash equivalents	6	$	51,537,367	$	12,935,860	$	5,292,833
Accounts receivable	7		1,369,455		987,057		715,696
Restricted cash	11		469,808		470,460		462,874
		$	53,376,630	$	14,393,377	$	6,471,403
Other financial liabilities at amortized cost
Accounts payable and accrued liabilities (current)	14	$	4,629,163	$	7,243,500	$	7,794,456
Accounts payable and accrued liabilities (non-current)	14		—		—		1,186,601
Financial liabilities at fair value through profit and loss
2017 Convertible Notes (current)	16(b)	$	—	$	—	$	5,400,189
2019 Convertible Notes (current)	16(c)		38,633		38,633		1,090,561
2019 Convertible Notes (non-current)	16(c)		6,548,796		6,156,724		8,174,919
2020 Convertible Notes (current)	16(d)		40,587		37,525		—
2020 Convertible notes, warrants and derivative warrant liabilities (non-current)	16(d)		6,088,728		9,079,622		—
2021 Derivative warrant liabilities (non-current)	16(e)		405,508		—		—
		$	17,751,415	$	22,556,004	$	23,646,726

Summary of ageing of trades payables

Trade payables were aged as follows as at December 31, 2021 and do not include accrued liabilities. All trades payables are current liabilities:

		Total
Current	$	921,956
31-60 days		397,400
Over 60 days		115,001
	$	1,434,357