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

Consolidated Statements of Financial Position

v3.23.1
Consolidated Statements of Financial Position - CAD ($)
Dec. 31, 2022
Dec. 31, 2021
Current    
Cash and cash equivalents $ 14,125,522 $ 18,851,244
Accounts receivable 110,730 51,539
Prepaid expenses 514,160 1,270,556
Total current assets 14,750,412 20,173,339
Non-current    
Contract payments 1,606,320 1,606,320
Intangible assets 270,668 256,243
Right-of-use asset 103,471  
Equipment 22,058  
Total Assets 16,752,929 22,035,902
Current    
Accounts payable and accrued liabilities 1,960,745 700,999
Lease obligation - short-term 89,517  
Total current liabilities 2,050,262 700,999
Non-current    
Derivative warrant liability 5,220,649 4,597,332
Lease obligation - long-term 15,588  
Total Liabilities 7,286,499 5,298,331
Shareholders' Equity    
Share capital 20,606,705 20,009,154
Share-based payments, warrant reserve and other 8,003,076 6,386,459
Obligation to issue shares 32,238 32,238
Deficit (19,175,589) (9,690,280)
Total Shareholders' Equity 9,466,430 16,737,571
Total Liabilities and Shareholders' Equity $ 16,752,929 $ 22,035,902