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2. Restatement of Previously Reported Consolidated Financial Statements: Schedule of Consolidated Statement of Financial Position and Changes in Shareholders' Equity (Tables)
12 Months Ended
Jun. 30, 2023
Tables/Schedules  
Schedule of Consolidated Statement of Financial Position and Changes in Shareholders' Equity

Consolidated Statement of Financial Position and Changes in Shareholders’ Equity

 

Previously reported

Adjustments

Restated

 

$

$

$

Liabilities

 

 

 

Other liabilities

-

820,612

820,612

Total Current Liabilities

3,062,917

820,612

3,883,529

Total Liabilities

3,094,024

820,612

3,914,636

 

 

 

 

Shareholders’ Equity

 

 

 

Reserve for restricted share units

821,906

(735,268)

86,638

Accumulated deficit

(24,610,379)

(85,344)

(24,695,723)

Total Shareholders’ Equity

23,324,964

(820,612)

22,504,352

 

Consolidated Statement of Loss and Comprehensive Loss

Previously reported

Adjustments

Restated

 

$

$

$

Expenses

 

 

 

Stock-based compensation

2,544,905

85,344

2,630,249

Total Expenses

(16,079,771)

(85,344)

(16,165,115)

Net Loss and Comprehensive Loss

(15,377,601)

(85,344)

(15,462,945)

 

Consolidated Statement of Cash Flows

Previously reported

Adjustments

Restated

 

$

$

$

Operating Activities

 

 

 

Net loss for the year

(15,377,601)

(85,344)

(15,462,945)

Stock-based compensation

2,544,905

85,344

2,630,249