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Cash Flow

v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (2,284,373) $ (883,772)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 636,786 123,667
Accretion of debt discounts 498,124 102,858
Provision for inventory obsolescence 1,360  
Foreign currency translation loss 3,955 13,533
Change in fair value of derivative liability   (395,430)
Issuance of common shares for services 118,750 165,472
Depreciation 21,498 9,178
Amortization of patent rights 16,218 1,833
Changes in assets and liabilities:    
Accounts receivable 346,034 1,171
Deferred revenue 3,846 52,525
Inventory (418,752) (186,519)
Prepaid expenses and other current assets (24,559) 222,780
Accounts payable and accrued liabilities 224,016 3,764
Accrued interest 159,532 59,390
NET CASH USED IN OPERATING ACTIVITIES (697,565) (709,550)
CASH FLOWS FROM INVESTING ACTIVITIES    
Deposit for and purchases of property and equipment (44,032) (116,886)
NET CASH USED IN INVESTING ACTIVITIES (44,032) (116,886)
CASH FLOWS FROM FINANCING ACTIVITIES    
NET CASH PROVIDED BY FINANCING ACTIVITIES 0 0
Effects of foreign currency exchange rate changes (40,552) (5,022)
NET DECREASE IN CASH AND RESTRICTED CASH FOR THE PERIOD (782,149) (831,458)
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD 1,173,900 1,182,387
CASH AND RESTRICTED CASH, END OF PERIOD 391,751 350,929
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
INCOME TAXES PAID 0 0
INTEREST PAID $ 0 $ 0

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