Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Financial Position

v3.20.1
Consolidated Statements of Financial Position - CAD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 11,095,848 $ 18,926,933
Receivables 440,930 1,190,689
Prepaid expenses 6,580,976 2,268,776
Inventory 750,151 420,737
Current assets 18,867,905 22,807,135
Non-current assets    
Restricted cash 184,314 110,707
Plant and equipment 9,990,542 5,323,766
Goodwill and other intangible assets 1,239,131 1,239,123
TOTAL ASSETS 30,281,892 29,480,731
Current liabilities    
Trade payables and accrued liabilities 2,128,226 1,262,861
Customer deposits 411,479 303,076
Construction contract liability 199,465 99,707
Shareholder loan 2,076 6,230
Deferred income tax 42,855 149,794
Current portion of lease liabilities 604,886  
Total Current Liabilities 3,388,987 1,821,668
Non-current liabilities    
Derivative liability 7,072,134 4,752,875
Lease liabilities 858,790  
TOTAL LIABILITIES 11,319,911 6,574,543
EQUITY    
Share capital 66,574,255 46,622,299
Deficit (62,116,008) (31,373,697)
Reserves 14,503,734 7,657,586
TOTAL EQUITY 18,961,981 22,906,188
TOTAL LIABILITIES AND EQUITY $ 30,281,892 $ 29,480,731