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Financial Instruments and Financial Risk Management (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Text Block [Abstract]    
Summary of detailed information about carrying values of financial assets and liabilities measured
The following represents the carrying values of the financial assets and liabilities of the Company and the associated measurement basis for each balance.
 
Financial assets
 
Measurement
basis
  
September 30, 2022
    
December 31, 2021
 
Cash and cash equivalents
 
Amortized cost
  
$
1,712,978
    
$
4,588,057
 
Trade and other receivables
1
 
Amortized cost
    
2,616,112
      
14,329,781
 
Long-term receivables
 
Amortized cost
    
207,502
      
740,431
 
        
 
 
    
 
 
 
        
$
4,536,592
 
  
$
19,658,269
 
        
 
 
    
 
 
 
Financial liabilities
                     
Bank indebtedness
 
Amortized cost
  
$
3,393,082
    
$
3,460,109
 
Trade payables and accrued liabilities
1
 
Amortized cost
    
12,206,675
      
12,003,979
 
Loans and borrowings
 
Amortized cost
    
26,882,342
      
13,215,601
 
Lease liabilities
 
Amortized cost
    
7,483,564
      
1,045,472
 
2019 Debentures - host liability
 
Amortized cost
    
23,457,500
      
22,185,170
 
2021 Debentures - host liability
 
Amortized cost
    
83,255
      
69,034
 
2021 Debentures embedded derivative
 
FVTPL
    
6,060
      
41,506
 
Warrant liability - business acquisition
 
FVTPL
    
—  
      
709,835
 
Warrant liabilities - derivatives (Note 12)
 
FVTPL
    
840,518
      
7,975,137
 
Business acquisition payable
 
FVTPL
    
1,093,021
      
1,398,972
 
        
 
 
    
 
 
 
        
$
75,446,017
 
  
$
62,104,815
 
        
 
 
    
 
 
 
 
1
Excludes amounts for indirect taxes, income taxes and contract assets, where applicable.
The following represents the carrying values of the financial assets and liabilities of the Company and the associated measurement basis for each balance.
 
Financial assets
  
Measurement
basis
 
December 31, 2021
   
December 31, 2020
 
       
 Cash and cash equivalents
   Amortized cost   $ 4,588,057     $ 1,110,889  
       
 Trade and other receivables
1
   Amortized cost     14,329,781       11,224,017  
       
 Long-term receivables
   Amortized cost     740,431       2,536,272  
       
 Derivative asset
   FVTPL     —       131,400  
       
        
$
        19,658,269
 
 
$
        15,002,578
 
       
 Financial liabilities
                   
       
 Bank indebtedness
   Amortized cost   $ 3,460,109     $ 976,779  
       
 Trade payables and accrued liabilities
1
   Amortized cost     12,003,979       12,693,256  
       
 Loans and borrowings
   Amortized cost     13,215,601       13,152,300  
       
 Lease liabilities
2
   Amortized cost     1,045,472       3,945,076  
       
 2019 Debentures - host liability
3
   Amortized cost     22,185,170       19,534,988  
       
 2021 Debentures - host liability
3
   Amortized cost     69,034       —  
       
 2021 Debentures embedded derivative
   FVTPL     41,506       —  
       
 Warrant liability - business acquisition
   FVTPL     709,835       710,924  
       
 Warrant liabilities - derivatives (Note 15)
   FVTPL     7,975,137       —  
       
 Business acquisition payable
   Amortized cost     1,398,972       2,439,529  
       
 Other liabilities
   Amortized cost     —       6,236,415  
       
        
$
        62,104,815
 
 
$
        59,689,267
 
 
 
1
 
Excludes amounts for indirect taxes, income taxes and contract asset, where applicable. Note 27 describes credit risk associated with trade receivables including reconciliation of expected credit loss allowance.
 
 
2
 
Lease liabilities are not subject to classification in the fair value hierarchy.
 
 
3
 
2019 Debentures (Note 14(a)) and 2021 Debentures host liability (Note 14(b)).