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Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (7,559,799) $ (4,247,025)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 329,939 340,599
Share based compensation 11,868 283,299
Shares issued for consulting services 27,624 53,735
Shares issued for compensation 62,759 105,512
Amortization of debt issuance costs 2,149,678 3,808,460
Change in fair value of derivative liabilities (692,926) (5,833,025)
Loss on debt conversion 1,392,482 433,605
Loss on debt extinguishment 2,298,369
Loss on disposal of fixed assets 4,252
Write-off of deposit 12,000
Obligation to issue shares 97,837
Changes in operating assets and liabilities:    
Accounts receivable (8,479)
Other receivables 5,652 (12,857)
Prepaid expenses and other current assets (24,737) 388,318
Inventories 34,236
Advance (225,000)
Accounts payable and accrued liabilities (225,737) 446,943
Lease deposit asset (18,382)
Contract liabilities (15,336)
Right-of-use asset 57,428
Lease liabilities (49,825)
Net cash used in operating activities (2,228,537) (4,339,996)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from common shares issued for cash 565,741
Share issuance costs paid (16,142)
Proceeds from debentures – net of discount 2,250,000 4,615,385
Repayment of convertible debentures (802,282) (1,741,950)
Financing costs of debentures (84,463) (325,962)
Net cash provided by financing activities 1,363,255 3,097,072
Effect of exchange rate changes on cash and cash equivalent (75,800) (21,056)
Change in cash (941,082) (1,263,980)
Cash, beginning of period 3,878,578 2,269,320
Cash, end of period 2,937,496 1,005,340
Supplemental cash flow information:    
Cash paid during the period for interest 53,403 171,818
Supplemental disclosure of non-cash investing and financing transactions    
Initial fair value of debenture warrants (“Fifth Tranche Warrants”) 564,000
Initial fair value of conversion feature of debentures (“Fifth Tranche Debentures”) 359,000
Initial fair value of debenture warrants (“Sixth Tranche Warrants”) 242,000
Initial fair value of conversion feature of debentures (“Six Tranche Debentures”) 198,000
Initial fair value of debenture warrants (“Seventh Tranche Warrants”) 369,000
Initial fair value of conversion feature of debentures (“Seventh Tranche Debentures”) 297,000
Shares issued for conversion of convertible debt 10,624,607 1,743,701
Reclassified accrued construction in progress fees $ 39,875

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