Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

FINANCIAL INSTRUMENTS (Tables)

v3.22.1
FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Disclosure of detailed information about financial instruments [abstract]  
Disclosure of carrying values of financial instruments [Table Text Block]
   
December 31,
  
   
2021
    
2020
    
Note
  
Financial assets:
                  
                   
Investments
     2,429       2,341      
c,e
  
Derivative assets
     14       -          
                         
Financial liabilities:
                        
                         
Warrants
     6,022       16,540      
b,d
  
Disclosure of information about key assumptions to measure fair value of warrants [Table Text Block]
   
December 31,
      
   
2021
  
Sensitivity
         
Expected volatility
   83 %  
Increase (decrease) in key assumptions would
result in increase (decrease) in fair value.
Expected life (in years)
   4.342  
Risk-free interest rate
   0.85%  
Increase (decrease) in key assumptions would
result in decrease (increase) in fair value.
Expected dividend yield
   0%  
Fair value:
        
         
Per Warrant (Canadian Dollar)
   $1.979    
Total Warrants (Canadian Dollar in thousands)
   $6,022    
Disclosure of maturity analysis for lease liabilities [Table Text Block]
December 31, 2021:
 
   
Less than one year
    
1 to 5 years
    
6 to 10
years
    
>10
years
  
                         
Lease liabilities
  
$
 3,130    
$
 11,781    
$
 12,760    
$
 2,620  
Bank Loans
  
$
 9,502       -       -       -  
Total
  
$
 12,632    
$
 11,781    
$
 12,760    
$
 2,620  
 
December 31, 2020:
 
   
Less than one year
    
1 to 5 years
    
6 to 10
years
    
>10
years
  
                         
Lease liabilities
  
$
232
    
$
547
    
$
515
    
$
-
  
Disclosure of changes in liabilities arising from financing activities [Table Text Block]
   
Loans
    
Lease liabilities
    
Warrants
    
Total liabilities arising from financing activities
  
                         
Balance as of January 1, 2020
  
$
 -    
$
 1,050    
$
 197    
$
 1,247  
                                 
Additions for new leases
     -       107       -       107  
Cash flows
     -       (250
)
     -       (250
)
Conversion of warrant
     -       -       (3,873
)
     (3,873
)
Other changes
     -       83       61       144  
Effect of changes in fair value
     -       -       20,155       20,155  
                                 
Balance as of December 31, 2020
     -       990       16,540       17,530  
                                 
Issuance of new warrants
     -       -       11,832       11,832  
Additions for new loans
     8,504       -       -       8,504  
Additions for new leases
     -       1,678       -       1,678  
Additions related to acquisitions
     1,957       17,222       -       19,179  
Repayments
     (700
)
     (1,980
)
     -       (2,680
)
Effective interest
     -       1,347       -       1,347  
Other changes
     133       117       (611
)
     (361
)
Effect of changes in fair value
     -       -       (21,739
)
     (21,739
)
                                 
Balance as of December 31, 2021
  
$
 9,894    
$
 19,374    
$
 6,022    
$
 35,290