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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Loss for the year $ (24,889,069) $ (28,695,041) $ (35,131,015)
Adjustments for:      
Depreciation 670,977 768,101 641,621
Share-based payments 5,285,813 4,905,812 3,189,808
Impairment of right-of-use asset     75,407
(Gain)/loss on disposal of assets (1,849) 11,966  
Accretion on collaboration, license and settlement agreement provision 63,400 157,994 298,849
Unrealized (gain)/loss on warrants, derivative liability warrants and convertible notes (17,404,002) (8,528,255) 3,235,591
Realized loss/(gain) on exercise or conversion of warrants, derivative Liability warrants and convertible notes 1,898,092 (814,083) 1,692,628
Amortization of deferred loss 9,068,689 3,494,501  
Legal expenses and underwriters fees from financing activity 1,546,811 1,565,224  
Write-down of fixed assets for obsolescence 593,622    
Write-down accounts receivable     64,600
Income tax expense/(recovery) 86,692 (524,057) 28,793
Interest expense/(income) 81,108 (358,078) (56,000)
Cash applied to operating activities before change in non-cash working capital (22,999,716) (28,015,916) (25,959,718)
Net change in non-cash working capital items:      
Accounts receivable (401,963) 253,491 (133,153)
Inventory (640,605) (220,822) (359,908)
Research and development supplies 167,378 504,467 662,201
Prepaid expenses and other assets (60,122) (83,015) (190,474)
Accounts payable and accrued liabilities (2,016,217) (704,587) 3,979,669
Payment of amounts due on collaboration, license and settlement agreements (1,250,000) (1,250,000) (2,150,000)
Net change in non-cash working capital (4,201,529) (1,500,466) 1,808,335
Income tax and Interest paid and received:      
Income tax recovered/(paid) 49,075 (795) (28,793)
Interest received 39,400 67,735 184,912
Total of income tax, interest paid and received 88,475 66,940 156,119
Net cash applied to operating activities (27,112,770) (29,449,442) (23,995,264)
INVESTING ACTIVITIES      
Purchase of property and equipment (164,081) (341,767) (243,501)
Net cash applied to investing activities (164,081) (341,767) (243,501)
FINANCING ACTIVITIES      
Proceeds from public offering net of share issuance costs 65,322,100 35,397,547 8,118,030
Proceeds from private placement   5,000,000 11,483,496
Proceeds from exercise of warrants 1,078,623 4,973,035 1,200,400
Proceeds from government assistance 484,918 1,328,338  
Proceeds from exercise of options   204  
Repayment of 2017 convertible note   (2,897,000)  
Repayment of 2019 convertible note   (4,877,225)  
Interest payment on 2019 convertible note (515,952) (940,451)  
Payment of lease obligation (491,331) (550,212) (513,137)
Net cash from financing activities 65,878,358 37,434,236 20,288,789
NET CHANGE IN CASH AND CASH EQUIVALENTS 38,601,507 7,643,027 (3,949,976)
CASH AND CASH EQUIVALENTS      
Beginning of the year 12,935,860 5,292,833 9,242,809
End of the year $ 51,537,367 $ 12,935,860 $ 5,292,833