Annual report pursuant to Section 13 and 15(d)

12. Deferred Purchase Consideration (Tables)

v3.22.1
12. Deferred Purchase Consideration (Tables)
12 Months Ended
Dec. 31, 2021
Deferred Purchase Consideration  
Deferred Purchase Consideration
Deferred Purchase ConsiderationDescription  

December 31,

2021

 

December 31,

2020

Principal Outstanding        
Promissory note due to non-related parties   $ 25,434     $ 1,802,384  
Settled by the issuance of common shares           (724,467 )
Repayment in cash     (25,262 )     (1,105,455 )
Foreign exchange movements     (172 )     52,972  
            25,434  
Present value discount on future payments                
Present value discount     (7,761 )     (120,104 )
Amortization     7,700       114,333  
Foreign exchange movements     61       (1,990 )
            (7,761 )
Deferred purchase consideration, net   $     $ 17,673