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Consolidated Statements of Cash Flows - Expressed in Canadian Dollars - CAD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Activities    
Net loss for the period $ (4,481,751) $ (241,504)
Item not affecting cash    
Amortization and depreciation 281,749 263,059
Bad debts 0 8,114
Amortization of loan initiation fees 82,891 0
Deferred income tax expense 0 (4,172)
Finance expenses 480,692 326,949
Finance expenses 712,652 0
Stock-based compensation 521,547 0
Stock issued for services 817,772 0
Lease obligation (30,835) (37,097)
Changes in non-cash working capital    
Accounts receivable 80,361 66,554
Other current assets (55,335) 26,067
Accounts payable and accrued liabilities 167,604 121,623
Deferred revenue (7,784) (223,336)
Change in long-term due from affiliate (8,434,818) (2,286,532)
Cash Provided by (Used in) Operating Activities (9,865,255) (1,980,275)
Investing Activities    
Purchase of equipment (398,475) (2,120)
Note receivable - principal 23,975 22,202
Ecker and ZooOffice acquisitions 20,882 0
Note receivable - sale of ZenaPay 0 (341,850)
Long-term investments (522,176) 0
Product development costs (1,050,450) (602,037)
Cash Provided by (Used in) Investing Activities (1,926,244) (923,805)
Financing activities    
Borrowings under line of credit 10,784,633 2,995,884
Proceeds from the issuance of long-term debt 402,773 0
Stock issuances 4,133,402 0
Repayment of long-term debt (407,799) (181,417)
Cash Provided by (Used in) Financing Activities 14,913,009 2,814,467
Effect of foreign exchange on cash 631,381 (109,995)
Change in cash 3,752,891 (199,608)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance 1,184 200,792
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance 3,754,075 1,184
Cash and Cash Equivalents Consist of    
Cash held in banks $ 3,754,075 $ 1,184