Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net loss for the year $ (4,814,614) $ (849,019)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible assets 218,953 218,953
Amortization on right of use asset 92,340
Depreciation 9,444 2,356
Interest accretion on finance lease (14,788)
Loss on change in fair value of derivative liability 136,954 145,147
Fair value of stock options granted 13,828
Stock issued for services 189,467
Changes in operating assets and liabilities:    
Short-term investments and amounts held in trust (837,383)
Accounts receivable and other amounts recoverable (1,597,298) (1,442)
Prepaid expenses and deposits (116,591) (124,929)
Contract assets (9,656,260)
Lease payments (393,670)
Accounts payable and accrued liabilities 2,252,157 (174,629)
Warranty accrual 75,774
Contract liabilities 15,886,953
Due to related parties (18,467) (124,719)
Net Cash From (Used In) Operating Activities 1,237,332 (718,815)
Investing Activities    
Additions of property and equipment (159,132)
Net Cash Used In Investing Activities (159,132)
Financing Activities    
Proceeds from issuance of common stock 2,936,000
Net Cash Provided by Financing Activities 2,936,000
Effect of Foreign Exchange Rate Changes on Cash 79,228 (139,332)
Change in Cash 1,157,428 2,077,853
Cash, Beginning of Year 2,863,148 229,882
Cash, End of Year 4,020,576 2,307,735
Non-cash Investing and Financing Activities:    
Stock issued for services included in prepaid expenses 328,033
Supplemental Disclosures:    
Interest paid
Income taxes paid