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Condensed Consolidated Interim Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 53,576,437 $ 46,645,704
Restricted Cash 463,909 788,768
Short-term investments 1,253,782 2,875,638
Grants receivable 48,882 175,780
Accounts receivable 1,703,732 1,665,700
Inventory 294,852 265,718
Prepaid expenses and other current assets 4,102,783 3,451,367
Assets held for sale 71,700,000 75,500,000
Due from related parties 9,527 10,657
Total current assets 133,153,904 131,379,332
Intangible assets, net 54,145,467 28,971,824
Property, plant and equipment, net 33,707,147 27,018,114
Operating lease right-of-use assets 5,839,481 6,278,547
Goodwill 281,529,180 240,376,634
Total assets 508,375,179 434,024,451
Current liabilities    
Trade and other payables 11,454,381 13,335,470
Current portion of long-term debt 976,393 491,278
Current portion of deferred revenues 675,591 779,732
Current portion of deferred government assistance 832,946 846,612
Preferred stock liability 71,700,000 75,500,000
Current portion of operating lease liabilities 836,683 663,861
Asset retirement obligations 21,937 21,937
Total current liabilities 86,497,931 91,638,890
Deferred revenues 554,739 637,008
Deferred government assistance   3,038
Deferred tax liability 210,207 324,479
Long-term operating lease liabilities 3,445,167 3,706,774
Funding obligation 291,034 268,976
Long-term debt 2,250,969 2,737,171
Total liabilities 93,250,047 99,316,336
Stockholders' equity    
Common stock - $0.001 par value; 1,000,000,000 shares authorized, 360,810,014 shares issued and outstanding at June 30, 2022, and $0.001 par value; unlimited shares authorized, 284,573,316 shares issued and outstanding at December 31, 2021 338,987 262,751
Additional paid-in capital 585,045,778 463,136,404
Accumulated other comprehensive loss (2,448,230) (296,936)
Accumulated deficit (167,811,403) (128,394,104)
Total stockholders' equity [1] 415,125,132 334,708,115
Total liabilities and stockholders' equity $ 508,375,179 $ 434,024,451
[1] Retroactively restated from the earliest period presented for the Torchlight RTO (“Reverse acquisition”) as described in Note 3