Cash Flow

v3.8.0.1
Consolidated Statements of Cash Flows - CAD
12 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Statement of Cash Flows [Abstract]      
Net loss CAD (8,857,440) CAD (10,143,577) CAD (7,436,388)
Items not affecting cash      
Depreciation (Note 5) 520,838 385,210 377,849
Stock-based compensation (Note 11) 1,749,999 2,261,444 417,818
Deferred share units (Note 12) 30,355 31,628 29,056
Accreted interest (Note 7) 219,497 79,245 27,103
Loss on extinguishment (Note 7) 0 0 114,023
Financing cost (Note 10) 137,363 0 0
Provision for doubtful debts (Note 4) 66,849 0 0
Unrealized foreign exchange loss (gain) 56,998 22,916 (81,063)
Change in non-cash operating assets & liabilities      
Accounts receivable (283,994) 6,200 532,459
Investment tax credits 44,647 (223,115) (133,035)
Prepaid expenses, sundry and other assets 175,550 (171,417) 185,438
Inventory (115,667) 0 0
Accounts payable, accrued liabilities and employee costs payable 599,220 (1,466,019) 2,034,576
Deferred revenue (450,000) 2,962,500 150,000
Cash flows used in operating activities (6,105,785) (6,254,985) (3,782,164)
Financing activities      
Repayment of convertible debenture (Note 7) (150,000) 0 0
Repayment of capital lease obligations (14,829) (21,291) (27,489)
Issuance of shares on exercise of stock options (Note 11) 1,742 52,868 167,962
Issuance of common shares on at-the-market financing, gross (Note 10) 2,541,640 3,469,449 1,290,168
Proceeds from issuance of shares and warrants, gross (Note 10) 4,000,000 5,939,967 0
Proceeds from issuance of shares on exercise of warrants (Note 14) 324,258 700,653 562,500
Offering costs (1,020,643) (982,023) (259,276)
Cash flows provided from financing activities 5,682,168 9,159,623 1,733,865
Investing activity      
Purchase of property and equipment (1,823,746) (515,410) (430,480)
Cash flows used in investing activities (1,823,746) (515,410) (430,480)
(Decrease) Increase in cash (2,247,363) 2,389,228 (2,478,779)
Cash, beginning of year 4,144,424 1,755,196 4,233,975
Cash, end of year 1,897,061 4,144,424 1,755,196
Supplemental cash flow information      
Interest paid 123,204 165,585 179,878
Taxes paid CAD 0 CAD 0 CAD 0

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