Other Income / Expense

3 Months Ended

Mar. 31, 2022

Text Block [Abstract]

Other Income / Expense

NOTE 15 - OTHER INCOME / EXPENSE

a) Finance Costs

	Three months ended March 31,
		2022		2021
Interest on loans and borrowings (Note 8)	$	396,703	$	247,364
Interest on convertible debentures		1,328,046		1,512,636
Interest on lease liabilities		83,049		79,675
Transaction costs expensed		18,929		367,504
Other finance costs		31,910		28,748
Total finance costs	$	1,858,637	$	2,235,927

b) Fair value gain (loss) on derivatives

	Three months ended March 31,
		2022			2021
Gain on warrant liability remeasurement (Note 11) 1	$	(2,493,270	)	$	—
Gain on embedded derivatives 2		—			(56,275	)
Deferred charge loss 2		—			1,620,424
Total fair value (gain) loss on derivatives	$	(2,493,270	)	$	1,564,149

1 Change in fair value unrealized.

2 Associated with the 2021 Debentures (Note 10(b)).

c) Other income

		Three months ended March 31,
		2022			2021
Government assistance 1	$	(379,646	)	$	(1,176,374	)
Government loan forgiveness		—			(117,312	)
Derecognition of contingent consideration		—			(581,117	)
Other		(18,622	)		(35,503	)
Total other income	$	(398,268	)	$	(1,910,306	)

1       Majority of government grants from the Canadian Government for wage and rental subsidies.