12. SUPPLEMENTAL DISCLOSURE REGARDING CASH FLOWS
|
|
| Year | Year | Year |
|
|
| Ended | Ended | Ended |
|
|
| December 31, | December 31, | December 31, |
|
|
| 2017 | 2016 | 2015 |
|
| Cash paid during the year for interest |
93,583 |
5,514 |
- |
|
| Cash paid during the year for income taxes | 43,484 | - | - |
|
|
|
|
|
|
|
| Transactions not involving cash: |
|
|
|
|
| Cash acquired (Note 10) | - | - | 69,300 |
|
| Cash acquired (Note 11) | - | - | 354,477 |
|
| Receivables acquired (Note 10) | - | - | 276,443 |
|
| Receivables acquired (Note 11) | - | - | 954,469 |
|
| Prepaid expenses acquired (Note 10) | - | - | 13,252 |
|
| Prepaid expenses acquired (Note 11) | - | - | 178,383 |
|
| Computer equipment acquired (Note 10) | - | - | 1,465 |
|
| Computer equipment acquired (Note 11) | - | - | 7,991 |
|
| Accounts payable and accrued liabilities acquired (Note 10) | - | - | 104,065 |
|
| Accounts payable and accrued liabilities acquired (Note 11) | - | - | 882,951 |
|
| Deferred revenue acquired (Note 11) | - | - | 1,901,308 |
|
| Fair value of financing warrants – derivative liability | - | - | 55,000 |
|
| Fair value of acquisition consideration payable in equity (Note 11) | - | - | 937,017 |
|
| Fair value of corporate advisory fee paid in units | - | - | 415,782 |
|
| Fair value of broker unit options | - | - | 751,489 |
|
| Fair value of warrants exercised | - | 22,695 | - |