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Income taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
Net loss before income tax includes the following components:
For the year ended December 31, 2023For the 2-month period ended December 31, 2022For the year ended October 31, 2022For the year ended October 31, 2021
Canada$(72.0)$4.6 $(46.1)$(70.9)
Foreign(65.9)(3.0)(4.2)0.4 
Total$(137.9)$1.6 $(50.3)$(70.5)
Schedule of Components of Income Tax Expense (Benefit)
The expense for income taxes consists of:
For the year ended December 31, 2023For the 2-month period ended December 31, 2022For the year ended October 31, 2022For the year ended October 31, 2021
Current
Canada$ $— $— $— 
Foreign0.1 — — — 
$0.1 $ $ $ 
Deferred and other
Canada$ $— $— $— 
Foreign — — — 
$ $ $ $ 
Income tax expense$0.1 $ $ $ 
Schedule of Effective Income Tax Rate Reconciliation
The recovery of income taxes differs from the amount obtained by applying the statutory Federal and Provincial/State income tax rates to the loss for the period as follows:
For the year ended December 31, 2023For the 2-month period ended December 31, 2022For the year ended October 31, 2022For the year ended October 31, 2021
Net loss for the year before tax$(137.9)$1.6 $(50.3)$(70.5)
Statutory tax rates26.5 %26.5 %26.5 %26.5 %
$(36.5)$0.4 $(13.3)$(18.7)
Change in valuation allowance$26.1 $(1.2)$17.6 $8.8 
Rate differential3.0 0.3 0.5 — 
Internal transfer of intangible property4.0 — — — 
Other0.1 — 0.1 — 
Non-deductible item and others3.4 0.5 (4.9)9.9 
Income tax expense$0.1 $ $ $ 
Schedule of Deferred Tax Assets and Liabilities
The components of deferred tax assets and liabilities are as follows:
For the year ended December 31, 2023For the 2-month period ended December 31, 2022For the year ended October 31, 2022For the year ended October 31, 2021
Deferred tax assets
Tax losses and credits carryforwards$82.6 $50.8 $48.6 $14.3 
Share issuance costs6.6 9.4 10.1 12.6 
Convertible debt — — — 
Reserves and provisions0.1 0.1 0.1 0.2 
Other2.8 4.0 3.4 0.1 
Right of use assets, net of lease liabilities0.9 0.5 0.5 0.5 
Deferred income tax assets$93.0 $64.8 $62.7 $27.7 
Less valuation allowance(68.9)(42.7)(43.9)(25.0)
Deferred tax assets, net of valuation allowance$24.1 $22.1 $18.8 $2.7 
Deferred tax liabilities
Property, plant and equipment, due to differences in amortization(8.0)(9.2)(11.2)(2.7)
Convertible debt, due to differences in amortization(16.1)(12.9)(7.6)— 
Deferred tax liabilities, net of valuation allowance$(24.1)$(22.1)$(18.8)$(2.7)
Net deferred income tax assets (liabilities)$ $ $ $