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Biotricity, Inc. - Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Cash flow from operating activities:            
Net loss $ (1,044,607) $ (492,013) $ (2,313,713) $ (2,298,418) $ (5,185,852) $ (1,706,202)
Adjustments to reconcile net loss to net cash used in operations            
Stock based compensation       1,297,586 2,257,953  
Depreciation           9,051
Issuance of shares for consulting services           66,179
Accretion expense [1] 120,531 194,103 59,875
Change in fair value of derivative liabilities [2] 123,268 742,227 (4,026)
Issuance of warrants for services         672,749 400,335
Changes in operating assets and liabilities:            
Harmonized sales tax recoverable     12,057 15,625 25,437 (73,578)
Accounts payable and accrued liabilities     214,851 50,721 287,629 (77,570)
Deposits and other receivables     26,117   (77,740)  
Net Cash used in operating activities     (1,124,358) (934,486) (1,963,975) (1,381,785)
Cash flows from financing activities:            
Proceeds from issuance of shares, net           1,649,507
Proceeds from exercise of warrants     13,000 470,758 707,196 66,188
Proceeds from issuance of convertible promissory notes     875,000   1,289,149  
Due to shareholders     10,929      
Proceeds from exercise of stock option         283  
Net Cash provided by financing activities     898,929 470,758 1,996,628 1,715,695
Net (decrease) increase in cash     (225,429) (463,728) 32,653 333,910
Effect of foreign currency translation     (151,274) 51,367 (70,651) (1,067)
Cash, beginning of period     410,601 448,599 448,599 115,756
Cash, end of period $ 33,898 $ 36,238 $ 33,898 $ 36,238 $ 410,601 $ 448,599
[1] See Convertible Promissory Note
[2] See Derivative Liabilities Note