Financial instruments and financial risk management (Tables)
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9 Months Ended |
Sep. 30, 2019 |
Financial instruments and financial risk management |
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Schedule of contractual maturities of non-derivative financial liabilities |
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Between one
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More than
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At September 30, 2019
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Within one year
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and five years
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five years
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Trade payables
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$
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836,287
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—
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—
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Accrued liabilities
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349,691
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—
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—
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Customer deposits and contract liabilities
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|
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500,039
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—
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—
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Shareholder loan
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3,115
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—
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—
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$
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1,689,132
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$
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—
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$
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—
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Between one
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More than
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At December 31, 2018
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Within one year
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and five years
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five years
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Trade payables
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$
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718,953
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—
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—
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Accrued liabilities
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543,908
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—
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—
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Customer deposits and contract liabilities
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|
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402,783
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—
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—
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Shareholder loan
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6,230
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—
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—
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$
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1,671,874
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$
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—
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$
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—
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Schedule of financial assets and liabilities that are denominated in US dollars |
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September 30,
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December 31,
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2019
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2018
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Cash and cash equivalents
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$
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15,811,171
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$
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18,102,872
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Trade receivables
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102,358
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51,164
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Trade payables
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(122,274)
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(382,087)
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Customer deposits
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(63,540)
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—
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Lease liabilities
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(837,580)
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—
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$
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14,890,135
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$
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17,771,949
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Schedule of classification of financial instruments |
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September 30,
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December 31,
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2019
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2018
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Amortized cost:
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Cash and cash equivalents
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$
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16,225,503
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$
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18,926,933
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Receivables
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387,131
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1,190,689
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$
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16,612,634
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$
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20,117,622
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September 30,
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December 31,
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2019
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2018
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Non-derivative financial liabilities:
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Trade payable and accrued liabilities
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$
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1,185,978
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$
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1,262,861
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Customer deposits and contract liability
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500,039
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402,783
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Shareholder loan
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3,115
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6,230
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Derivative financial liabilities:
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Derivative liability
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7,558,659
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4,752,875
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$
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9,247,791
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$
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6,424,749
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