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Condensed Consolidated Interim Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss [1] $ (39,417,299) $ (50,041,822)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash finance income (12,920)  
Non-cash interest expense 273,554 742,174
Non- cash lease expense 488,299 160,437
Deferred income tax (109,985) (102,526)
Depreciation and amortization 3,494,163 1,173,884
Unrealized foreign currency exchange loss 913,101 230,837
Loss on financial instruments, net   40,540,091
Change in deferred revenue (165,466) 18,302
Non-cash government assistance (3,047) (472,499)
Loss on debt settlement   19,253
Gain on sale of property, plant and equipment (783)  
Stock-based compensation 7,623,207 651,718
Non-cash consulting expense 445,664 713,919
Changes in operating assets and liabilities (2,531,889) 758,381
Net cash used in operating activities (29,003,401) (5,607,851)
Cash flows from investing activities:    
Purchases of intangible assets   (274,579)
Purchases of property, plant and equipment (8,971,435) (3,040,296)
Proceeds from sale of property, plant and equipment 39,140  
Proceeds from short-term investments 1,620,281  
Acquisition of business, net of cash acquired (3,486,906)  
Proceeds from reverse takeover   146,954,733
Net cash (used in) provided by investing activities (10,798,920) 143,639,858
Cash flows from financing activities    
Proceeds from the issuance of common stock and warrants 50,000,000  
Costs paid on the issuance of common stock and warrants (3,680,666)  
Proceeds from long-term debt   1,127,151
Repayments of long-term debt (182,295) (53,331)
Proceeds from government grants   223,384
Proceeds from unsecured promissory notes   13,963,386
Proceeds from stock option exercises 305,320 113,155
Proceeds from warrants exercises 169,574 93,993
Proceeds from broker warrants exercises   16,255
Net cash provided by financing activities 46,611,933 15,483,993
Net increase in cash, cash equivalents and restricted cash 6,809,612 153,516,000
Cash, cash equivalents and restricted cash at beginning of the period 47,434,472 1,395,683
Effects of exchange rate changes on cash, cash equivalents and restricted cash (203,738) 156,367
Cash, cash equivalents and restricted cash at end of the period 54,040,346 155,068,050
Supplemental cash flow information    
Accrued purchases of property, equipment, and patents 1,604,903 297,345
Right-of-use assets obtained in exchange for lease liabilities $ 142,378 1,730,743
Right-of-use assets and prepaid expenses recognized in exchange for common stock   2,149,381
Settlement of liabilities in common stock   52,063,432
Interest paid on debt   $ 64,528
[1] Retroactively restated from the earliest period presented for the Torchlight RTO (“Reverse acquisition”) as described in Note 3