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

Consolidated Statements of Financial Position

v3.21.1
Consolidated Statements of Financial Position - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 129,450,676 $ 8,560,624
Receivables 213,346 340,185
Prepaid expenses 5,039,150 5,077,328
Inventory 609,094 578,753
Current assets 135,312,266 14,556,890
Non-current assets    
Restricted cash 143,800 142,201
Plant and equipment 9,290,308 7,707,863
Net investment in sublease 38,541  
Goodwill and other intangible assets 969,467 956,009
TOTAL ASSETS 145,754,382 23,362,963
Current liabilities    
Trade payables and accrued liabilities 3,461,339 1,641,960
Customer deposits 329,221 317,463
Construction contract liability 189,651 153,890
Shareholder loan   1,602
Deferred income tax   33,063
Current portion of lease liabilities 576,232 466,679
Total Current Liabilities 4,556,443 2,614,657
Non-current liabilities    
Derivative liability 17,899,855 5,456,265
Lease liabilities 499,541 662,570
Deferred revenue 119,253  
TOTAL LIABILITIES 23,075,092 8,733,492
EQUITY    
Share capital 212,058,836 50,616,051
Deficit (110,327,159) (47,280,254)
Reserves 20,947,613 11,293,674
TOTAL EQUITY 122,679,290 14,629,471
TOTAL LIABILITIES AND EQUITY $ 145,754,382 $ 23,362,963