Balance Sheet

v3.6.0.2
Consolidated Balance Sheets - CAD
Nov. 30, 2016
Nov. 30, 2015
Current    
Cash CAD 4,144,424 CAD 1,755,196
Accounts receivable, net (Note 4) 472,474 478,674
Investment tax credits 681,136 458,021
Prepaid expenses, sundry and other assets 400,642 229,225
Current Assets 5,698,676 2,921,116
Deferred offering costs (Note 10) 386,375 543,745
Property and equipment, net (Note 5) 1,889,638 1,759,438
Assets 7,974,689 5,224,299
Current    
Accounts payable 807,295 3,027,974
Accrued liabilities (Note 6) 384,886 454,290
Employee costs payable (Note 8) 1,044,151 175,172
Current portion of capital lease obligations (Note 9) 14,829 20,460
Convertible debenture (Note 7) 1,494,764 1,518,429
Deferred revenue 450,000 0
Current Liabilities 4,195,925 5,196,325
Capital lease obligations (Note 9) 0 15,660
Deferred revenue (Note 3) 2,662,500 150,000
Liabilities 6,858,425 5,361,985
Shareholders' equity (deficiency)    
Capital stock (Notes 10 and 11) authorized, unlimited common shares without par value, unlimited preference shares issued and outstanding 29,789,992 common shares (2015 - 24,244,050) 29,830,791 21,481,242
Additional paid-in capital 34,017,071 30,969,093
Accumulated other comprehensive income 284,421 284,421
Accumulated deficit (63,016,019) (52,872,442)
Stockholders' Equity 1,116,264 (137,686)
Liabilities and Stockholders' Equity CAD 7,974,689 CAD 5,224,299

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