XML 1018 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Biotricity, Inc. - Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flow from operating activities:    
Net loss $ (7,280,831) $ (5,185,852)
Adjustments to reconcile net loss to net cash used in operations    
Stock based compensation 405,058 2,257,953
Issuance of shares for services 805,329  
Issuance of warrants for services 474,232  
Accretion expense and day one derivative loss 974,871 59,875
Change in fair value of derivative liabilities [1] 1,333,412 (4,026)
Fair value of warrants issued   672,749
Changes in operating assets and liabilities:    
Harmonized sales tax recoverable 27,841 25,437
Deposits and other receivables 38,267 (77,740)
Accounts payable and accrued liabilities 838,182 287,629
Net Cash used in operating activities (2,383,639) (1,963,975)
Cash flows from financing activities:    
Issuance of shares
Proceeds from exercise of warrants 105,500 707,196
Proceeds from issuance of convertible notes, net of issuance costs 2,074,700 1,289,149
Proceeds from issuance of stock options   283
Net Cash provided by financing activities 2,180,200 1,996,628
Effect of foreign currency translation (186,503) (70,651)
Net decrease in cash during the year (203,439) 32,653
Cash, beginning of year 410,601 448,599
Cash, end of year 20,659 $ 410,601
Supplemental disclosure with respect to cash flows:    
Conversion of convertible notes into common stock $ 2,906,999  
[1] See Note 7