Cash Flow

v3.10.0.1
Consolidated Statements of Cash Flows - CAD ($)
12 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2016
Statement of Cash Flows [Abstract]      
Net loss $ (13,747,480) $ (8,857,440) $ (10,143,577)
Items not affecting cash      
Depreciation (Note 5) 612,736 520,838 385,210
Stock-based compensation (Note 11) 927,686 1,749,999 2,261,444
Deferred share units (Note 12) 7,565 30,355 31,628
Accreted interest (Note 7) 66,560 219,497 79,245
Financing cost (Note 10) 174,802 137,363 0
Provision for doubtful debts (Note 4) 0 66,849 0
Unrealized foreign exchange loss (gain) 52,613 56,998 22,916
Change in non-cash operating assets & liabilities      
Accounts receivable 450,556 (283,994) 6,200
Investment tax credits (362,360) 44,647 (223,115)
Prepaid expenses, sundry and other assets (361,702) 175,550 (171,417)
Inventory (135,984) (115,667) 0
Accounts payable, accrued liabilities and employee costs payable 106,048 599,220 (1,466,019)
Deferred revenue (300,000) (450,000) 2,962,500
Cash flows used in operating activities (12,508,960) (6,105,785) (6,254,985)
Financing activities      
Repayment of convertible debenture (Note 7) 0 (150,000) 0
2018 Debenture financing (Note 7) 500,000 0 0
Repayment of capital lease obligations 0 (14,829) (21,291)
Issuance of shares on exercise of stock options (Note 11) 0 1,742 52,868
Issuance of common shares on at-the-market financing, gross (Note 10) 0 2,541,640 3,469,449
Proceeds from issuance of shares and warrants, gross (Note 10) 19,644,906 4,000,000 5,939,967
Proceeds from issuance of shares on exercise of warrants (Note 14) 111,253 324,258 700,653
Proceeds from shares to be issued from exercise of Pre-Funded Warrants (Note 14) 10,300 0 0
Offering costs (2,911,505) (1,020,643) (982,023)
Cash flows provided from financing activities 17,354,954 5,682,168 9,159,623
Investing activity      
Purchase of property and equipment (Note 5) (101,178) (1,823,746) (515,410)
Cash flows used in investing activities (101,178) (1,823,746) (515,410)
Increase (decrease) in cash 4,744,816 (2,247,363) 2,389,228
Cash, beginning of year 1,897,061 4,144,424 1,755,196
Cash, end of year 6,641,877 1,897,061 4,144,424
Supplemental cash flow information      
Interest paid 209,675 123,204 165,585
Taxes paid $ 0 $ 0 $ 0

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