v3.22.2.2
Condensed Consolidated Interim Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current    
Cash and cash equivalents $ 7,869,028 $ 7,775,290
Other receivable 46,737 32,326
Prepaid expenses and other current assets (Note 3) 384,954 309,040
Total current assets 8,300,719 8,116,656
Non-current    
Property and equipment, net 116,360 40,971
Intangible asset (Note 4) 9,860,617 1,477,237
Operating lease right-of-use asset (Note 10) 1,565,215
Lease deposit, non-current 50,608
Construction in progress 1,973,772 2,079,914
Land deposit (Note 3) 2,085,960
Total assets 23,902,643 11,765,386
Current    
Accounts payable and accrued liabilities (Note 5) 996,521 1,532,312
Contingent consideration payable (Note 4) 750,000 753,727
Debentures (Note 6) 4,082,387
Lease liability – current (Note 10 and 11) 244,358
Total current liabilities 6,073,266 2,286,039
Non-current    
Deferred rent 12,954
Lease liability – non-current (Note 10 and 11) 1,276,510
Derivative liabilities (Note 6 and 8) 6,591,877 1,418,964
Long term loan (Note 7) 43,773 47,326
Total liabilities 13,985,426 3,765,283
Commitments and contingencies (Note 11)  
Shareholders’ equity    
Common shares, no par value per share – unlimited shares authorized; 15,688,596 and 15,176,698 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 27,002,586 25,637,543
Additional paid-in-capital 13,568,717 2,203,343
Obligation to issue shares 93,295
Accumulated deficit (30,021,493) (19,900,992)
Accumulated other comprehensive income (632,593) (33,086)
Total shareholders’ equity 9,917,217 8,000,103
Total liabilities and shareholders’ equity $ 23,902,643 $ 11,765,386

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