Balance Sheet

v3.8.0.1
Consolidated Balance Sheets - CAD
Nov. 30, 2017
Nov. 30, 2016
Current    
Cash CAD 1,897,061 CAD 4,144,424
Accounts receivable, net (Note 4) 689,619 472,474
Investment tax credits 636,489 681,136
Prepaid expenses, sundry and other assets 225,092 400,642
Inventory (Note 3) 115,667 0
Current Assets 3,563,928 5,698,676
Deferred offering costs (Note 10) 565,302 386,375
Property and equipment, net (Note 5) 3,267,551 1,889,638
Assets 7,396,781 7,974,689
Current    
Accounts payable 2,060,084 807,295
Accrued liabilities (Note 6) 782,369 384,886
Employee costs payable (Note 8) 214,980 1,044,151
Capital lease obligations (Note 9) 0 14,829
Convertible debenture (Note 7) 1,290,465 1,494,764
Deferred revenue (Note 3) 300,000 450,000
Current Liabilities 4,647,898 4,195,925
Deferred revenue (Note 3) 2,362,500 2,662,500
Liabilities 7,010,398 6,858,425
Shareholders' equity    
Capital stock (Note 10) authorized, unlimited common shares without par value, unlimited preference shares issued and outstanding 34,704,515 common shares (November 30, 2016 - 29,789,992) 35,290,034 29,830,791
Additional paid-in capital 36,685,387 34,017,071
Accumulated other comprehensive income 284,421 284,421
Accumulated deficit (71,873,459) (63,016,019)
Stockholders' Equity 386,383 1,116,264
Contingencies (Note 16)
Liabilities and Stockholders' Equity CAD 7,396,781 CAD 7,974,689

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