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

FINANCIAL RISK FACTORS (Tables)

v3.22.1
FINANCIAL RISK FACTORS (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of detailed information about financial instruments [line items]  
Schedule of financial assets and liabilities

The following table summarizes the fair value hierarchy for the Company’s financial assets and liabilities that are re-measured at their fair values periodically:

December 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

 Total

Financial Liabilities

 

  

 

  

 

  

 

  

Contingent consideration

 

$

 

$

 

$

185,521,950

 

$

185,521,950

December 31, 2020

 

 

 

  

 

  

Financial Liabilities

 

 

 

  

 

  

Contingent consideration

 

$

 

$

 

$

22,961,411

 

$

22,961,411

Schedule of components of accounts receivable and aging

    

0-30 days

    

31-90 days

    

Over 90 days

    

Total

Balance, as of December 31, 2021

$

4,940,734

$

1,649,187

$

822,985

$

7,412,906

Balance, as of December 31, 2020

 

2,995,368

 

469,033

 

 

3,464,401

Contingent consideration  
Disclosure of detailed information about financial instruments [line items]  
Schedule of sensitivity analysis of fair value measurement to changes in unobservable inputs

The following table summarizes the inputs used to value the contingent consideration in the table above:

Equity Volatility

    

52.4% - 53.13

%  

Revenue Volatility

 

26.60

%  

Risk-free rate

 

0.47% - 0.56

%  

Revenue RMRP

 

12.07

%  

Credit Risky Rate

 

10.50

%  

Discount Rate

 

8.40

%  

Currency Risk  
Disclosure of detailed information about financial instruments [line items]  
Schedule of sensitivity analysis on the conversion rate

Value at year end

Effect on fair value, as at

    

Dr (Cr.)

    

    

    

December 31, 2021

Balance sheet account

CDN $

Conversion rate

Sensitivity

$

Cash

    

52,084,128

    

0.7825

    

Increase / Decrease 1

%  

407,558

Liquidity risk  
Disclosure of detailed information about financial instruments [line items]  
Schedule of the future debt obligation

    

Less than 1 year

    

1-5 years

    

> 5 years

    

Total

Trade payables and accrued liabilities

$

59,706,915

$

$

$

59,706,915

Lease obligations

 

25,874,560

 

89,982,691

 

189,752,775

 

305,610,026

Purchase consideration

 

811,586

 

 

 

811,586

Income tax payable

 

28,914,949

 

 

 

28,914,949

Debt Payable

 

8,111,723

 

126,696,865

 

 

134,808,588

Contingent consideration

 

10,000,000

 

42,500,000

 

 

52,500,000

Senior secured notes

 

 

243,250,000

 

 

243,250,000

Accrued interest payable

 

7,541,634

 

3,451,016

 

 

10,992,650

$

140,961,367

$

505,880,572

$

189,752,775

 

836,594,714