Cash Flow

v3.20.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2017
Statement of Cash Flows [Abstract]      
Net loss $ (8,084,646) $ (13,747,480) $ (8,857,440)
Items not affecting cash      
Depreciation (Note 5) 506,685 612,736 520,838
Financing cost (Note 10) 0 174,802 137,363
Provision for doubtful debts (Note 4) (66,849) 0 66,849
Stock-based compensation (Note 11) 264,568 927,686 1,749,999
Deferred share units (Note 12) 0 7,565 30,355
Accreted interest (Note 7) 54,469 66,560 219,497
Gain on settlement of convertible debt (Note 7) (4,419) 0 0
Deferred income tax recovery (Note 15) (11,042) 0 0
Unrealized foreign exchange loss 57,189 52,613 56,998
Change in non-cash operating assets & liabilities      
Accounts receivable 61,861 450,556 (283,994)
Investment tax credits 223,113 (362,360) 44,647
Inventory (97,480) (135,984) (115,667)
Prepaid expenses, sundry and other assets 430,178 (361,702) 175,550
Accounts payable, accrued liabilities and employee costs payable 2,359,518 106,048 599,220
Income tax payable 5,678 0 0
Deferred revenue (2,362,500) (300,000) (450,000)
Cash flows used in operating activities (6,663,677) (12,508,960) (6,105,785)
Financing activities      
Repayment of convertible debenture (Note 7) (461,920) 0 (150,000)
Proceeds from related parties (Note 7) 159,863 0 0
Proceeds from shares to be issued from exercise of Pre-Funded Warrants (Note 14) 0 10,300 0
Proceeds from issuance of shares and warrants (Note 10 and 14) 0 19,644,906 4,000,000
Proceeds from issuance of shares on exercise of warrants (Note 14) 27,953 111,253 324,258
Repayment of capital lease obligations 0 0 (14,829)
Issuance of shares on exercise of stock options (Note 11) 0 0 1,742
Issuance of common shares on at-the-market financing, gross (Note 10) 0 0 2,541,640
Debenture financing (Note 7) 375,000 500,000 0
Offering costs 0 (2,911,505) (1,020,643)
Cash flows provided from financing activities 100,896 17,354,954 5,682,168
Investing activity      
Purchase of property and equipment (Note 5) (14,474) (101,178) (1,823,746)
Cash flows used in investing activities (14,474) (101,178) (1,823,746)
(Decrease) Increase in cash (6,577,255) 4,744,816 (2,247,363)
Cash, beginning of year 6,641,877 1,897,061 4,144,424
Cash, end of year 64,622 6,641,877 1,897,061
Supplemental cash flow information      
Interest paid 139,787 209,675 123,204
Taxes paid $ 0 $ 0 $ 0

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