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Biotricity, Inc. - Statements of Cash Flows - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Cash flow from operating activities:            
Net loss $ (2,342,448) $ (1,226,899) $ (4,656,161) $ (3,693,922) $ (5,185,852) $ (1,706,202)
Adjustments to reconcile net loss to net cash used in operations            
Stock based compensation     196,142 1,849,916 2,257,953  
Shares and warrants issued for services     443,677 366,528    
Depreciation           9,051
Issuance of shares for consulting services           66,179
Accretion expense [1] 473,552 3,014 667,655 3,014 59,875
Change in fair value of derivative liabilities [2] 465,832 (2,679) 1,208,059 (2,679) (4,026)
Issuance of warrants for services         672,749 400,335
Changes in operating assets and liabilities:            
Harmonized sales tax recoverable     23,381 37,289 25,437 (73,578)
Accounts payable and accrued liabilities     327,519 15,506 287,629 (77,570)
Deposits and other receivables     30,453   (77,740)  
Net Cash used in operating activities     (1,759,275) (1,424,348) (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     105,500 707,196 707,196 66,188
Proceeds from issuance of convertible promissory notes     1,524,200 565,350 1,289,149  
Proceeds from exercise of stock option         283  
Net Cash provided by financing activities     1,629,700 1,272,546 1,996,628 1,715,695
Net (decrease) increase in cash     (129,575) (151,802) 32,653 333,910
Effect of foreign currency translation     (257,243) 11,340 (70,651) (1,067)
Cash, beginning of period     410,601 448,599 448,599 115,756
Cash, end of period $ 23,783 $ 308,137 $ 23,783 $ 308,137 $ 410,601 $ 448,599
[1] See Convertible Promissory Note
[2] See Derivative Liabilities Note