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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
May 31, 2022
May 31, 2021
Cash flows provided by (used in) operating activities    
Loss from continuing operations for the period $ (1,899,317) $ (3,245,175)
Items not affecting cash:    
Accretion expense 4,877 8,427
Accrued interest income (43,007) (30,620)
Accrued interest expense 3,323
Allowance for credit loss 115,183
Amortization - intangibles 309,920 37,699
Amortization - licenses 210,446
Amortization - right-of-use asset 42,532
Depreciation 32,271 16,238
Change in value of derivatives (1,598,952) 160,364
Deferred income tax recovery (196,611)
Government grant (5,967)
Interest on lease liability 4,570
(Gain) loss on settlement of debt (38,257)
Loss on disposal of equipment (6,688)
Share-based compensation 210,557 1,202,041
Shares issued for services 67,500 46,948
Unrealized foreign exchange (27,120) 6,308
Unrealized gains on equity instruments (956,233)
Write-off of license fees 481,026
Changes in non-cash working capital:    
Receivables 63,497 (111,346)
Prepaids (68,183) 311,371
Accounts payable and accrued liabilities (141,875) 133,825
Deferred revenue 779,399
Cash flows from (used in) operating activities (2,472,597) (1,648,432)
Cash flows provided by (used in) investing activities    
Cash acquired on purchase of iGEMS 21,981
Cash acquired on purchase of DCU 209,295
Investment in content (121,996)
Loan receivable issued (102,852)
Advances for acquisitions (198,849)
Cash flows from (used in) investing activities (89,569) (102,852)
Cash flows provided by (used in) financing activities    
Long-term debt repayments (3,513)
Interest paid on loans (1,392)
Lease payments (44,233)
Shares and warrants issued for cash 6,000,000
Share issuance costs (555,046)
Warrants exercised and issued for cash 2,613,993
Cash flows from (used in) financing activities (44,233) 8,054,042
Effect of foreign exchange on cash 6,456 3,146
Change in cash during the period (2,599,943) 6,305,904
Cash, beginning of period 4,305,461 543,749
Cash, end of period 1,705,518 6,849,653
Interest received
Interest paid $ 1,751