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Biotricity, Inc. - Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Cash flow from operating activities:        
Net loss $ (1,044,607) $ (492,013) $ (2,313,713) $ (2,298,418)
Adjustments to reconcile net loss to net cash used in operations        
Stock based compensation       1,297,586
Accretion expense [1] 120,531 194,103
Change in fair value of derivative liabilities [2] 123,268 742,227
Changes in operating assets and liabilities:        
Harmonized sales tax recoverable     12,057 15,625
Accounts payable and accrued liabilities     214,851 50,721
Deposits and other receivables     26,117  
Net Cash used in operating activities     (1,124,358) (934,486)
Cash flows from financing activities:        
Proceeds from exercise of warrants     13,000 470,758
Proceeds from issuance of convertible promissory notes     875,000  
Due to shareholders     10,929  
Net Cash provided by financing activities     898,929 470,758
Net decrease in cash during the period     (225,429) (463,728)
Effect of foreign currency translation     (151,274) 51,367
Cash, beginning of period     410,601 448,599
Cash, end of period $ 33,898 $ 36,238 $ 33,898 $ 36,238
[1] See Note 7
[2] See Note 8