XML 50 R35.htm IDEA: XBRL DOCUMENT v3.22.2.2
Other Income / Expense
 6 Months Ended
Jun. 30, 2022
Text Block [Abstract]  
Other Income / Expense
NOTE 16 - OTHER INCOME / EXPENSE
a)  Finance Costs
 
                                                                                                           
    
Three months ended June 30,
    
Six months ended June 30,
  
     
2022
     
2021
    
2022
     
2021
  
 Interest on loans and borrowings
   
$
734,854
 
   
$
286,144
 
  
$
1,131,557
 
   
$
533,508
 
 Interest on convertible debentures
   
 
1,126,304
 
   
 
1,592,597
 
  
 
2,454,350
 
   
 
3,105,233
 
 Interest on lease liabilities
   
 
118,368
 
   
 
75,179
 
  
 
201,417
 
   
 
154,854
 
 Transaction costs expensed
   
 
229,716
 
   
 
87,070
 
  
 
248,645
 
   
 
454,574
 
 Other finance costs
   
 
20,751
 
   
 
(94,404
) 
  
 
52,661
 
   
 
(65,656
) 
 Total finance costs
   
$
       2,229,993
 
   
$
  1,946,586
 
  
$
  4,088,630
 
   
$
  4,182,513
 
b)  Fair value gain (loss) on derivatives
 
                                                                                               
    
Three months ended June 30,
    
Six months ended June 30,
  
     
2022
    
2021
    
2022
    
2021
  
 Gain on warrant liability remeasurement
1
   
$
(2,505,810
) 
  
$
—
 
  
$
(4,999,080
) 
  
$
—
 
 Gain on embedded derivatives
2
   
 
(32,519
) 
  
 
(1,107,784
) 
  
 
(32,519
) 
  
 
(1,164,059
) 
 Deferred charge loss
2
   
 
—
 
  
 
(5,322
) 
  
 
—
 
  
 
1,615,102
 
 Total fair value (gain) loss on derivatives
   
$
(2,538,329
) 
  
$
(1,113,106
) 
  
$
(5,031,599
) 
  
$
451,043
 
1
Unrealized change in fair value (Note 11).
2
Associated with the 2021 Debentures. Transactions detailed in the 2021 Annual Financial Statements.
 
c) Other income
 
                                                                                               
    
Three months ended June 30,
    
Six months ended June 30,
  
     
2022
    
2021
    
2022
    
2021
  
 Government assistance
1
   
$
(258,296
) 
  
$
(941,369
) 
  
$
(637,942
) 
  
$
(2,117,743
) 
 Government loan forgiveness
   
 
—
 
  
 
(181,770
) 
  
 
—
 
  
 
(299,082
) 
 Derecognition of contingent consideration
   
 
—
 
  
 
8,855
 
  
 
—
 
  
 
(572,262
) 
 Other
   
 
(5,728
) 
  
 
(40,718
) 
  
 
(24,350
) 
  
 
(76,221
) 
 Total other income
   
$
(264,024
) 
  
$
(1,155,002
) 
  
$
(662,292
) 
  
$
(3,065,308
) 
 
1
Majority of government assistance are grants from the Canadian Government for wage and rental subsidies.