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CONSOLIDATED STATEMENTS OF CASH FLOWS (FY)
12 Months Ended
Jul. 31, 2024
USD ($)
Jul. 31, 2023
USD ($)
Operating activities    
Net loss for the period $ (9,871,748) $ (5,904,653)
Items not affecting cash:    
Depreciation 1,771 1,849
Share based compensation 1,290,327 1,838,811
Change in fair value of derivative liabilities 845,700 0
Unrealized loss on mandatory convertible debentures 27,500 0
Non-cash general and administrative 50,000 0
Accrued interest 19,024 0
Accretion expense 52,554 0
Gain on forgiveness of accounts payable 0 (6,542)
Changes in non-cash working capital items:    
GST receivable (39,121) (44,147)
Prepaid expenses 267,294 115,817
Accounts payable and accrued liabilities 5,807,752 590,721
Net cash used in operating activities (1,548,947) (3,408,144)
Investing activities    
Cash assumed on RTO 0 10
Net cash provided by (used in) financing activities 0 10
Financing activities    
Proceeds from convertible debentures 883,516 0
Proceeds from warrant exercise 176,113 301,984
Proceeds from issuance of mandatory convertible debentures 50,000 0
Net cash provided by financing activities 1,109,629 301,984
Effect of exchange rate changes on cash (29,547) (159,534)
Net increase (decrease) in cash (468,865) (3,265,684)
Cash, Beginning 489,971 3,755,655
Cash, Ending 21,106 489,971
Supplemental information:    
Taxes paid 0 0
Interest paid 0 0
Fair value of securities issued for the acquisition of DevvStream Inc. (Note 4) $ 0 $ 3,721,852